DEVELOPING A RATING SYSTEM FOR INSURANCE COMPANIES BASED ON FINANCIAL INDICATORS

This article explores the development of a rating system for insurance companies using financial performance indicators. The study analyzes key financial metrics such as solvency, liquidity, profitability, and asset quality to construct a comprehensive and reliable evaluation framework. Emphasis is placed on applying quantitative methods, including scoring models, weighted indicators, and multi-criteria decision-making techniques. The research also reviews international rating practices to identify best approaches that can be adapted to the Uzbek insurance market. The findings aim to provide a transparent, objective, and practical tool for regulators, investors, and policyholders to assess the financial strength and stability of insurance companies.