The article analyzes the financial condition of insurance companies operating in the insurance market of Uzbekistan on the basis of traditional (horizontal, vertical, comparative, trend) methods of financial analysis. Based on the results of this analysis, recommendations are made for effective management decisions to improve the financial condition of insurance companies. Insurance companies provide healthy and effective services to entrepreneurs and the population, contribute to the development of business and entrepreneurship, which is one of the highest goals of our state, and lead a healthier lifestyle. To do this, it is necessary to regularly analyze the financial condition of insurance companies. The article analyzes the financial statements of leading insurance companies in the insurance market of Uzbekistan and draws relevant conclusions.