IMPROVING RISK MANAGEMENT SYSTEMS IN INSURANCE COMPANIES

This study explores methods for improving risk management systems in insurance companies, emphasizing financial stability, operational efficiency, and regulatory compliance. Effective risk management enables insurance companies to identify, assess, and mitigate potential threats, ensuring sustainable growth and protection of policyholders. The research examines current practices in Uzbekistani insurance companies, international best practices, and technological solutions for risk assessment. Findings indicate that adopting comprehensive risk management frameworks, integrating digital tools, and enhancing professional expertise can significantly strengthen risk mitigation and overall company performance.