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International Finance and Accounting

Abstract

This article considers the transparency and openness of insurance activities as an important condition for the development of the industry. The convenience and ease of access to information on insurance activities provides a solid foundation not only for the interests of consumers of insurance products, but also for the growth of insurance literacy in society and, most importantly, the penetration of insurance into the general public. The article examines the best practices of developed and developing countries in ensuring the transparency and openness of insurance activities. Also, a systematic and comprehensive analysis of the work being done to ensure the transparency and openness of insurance activities in Uzbekistan in the context of large-scale modernization and transformation of the economy. Based on the results of research conducted on the topic, scientifically based proposals and recommendations have been developed to increase and expand the level of transparency of insurance activities in our country.

References

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