Институте ташкентский финансовый

The object of the research work is the investment activity of insurance companies
The scientific novelty of the research work, consisting of the following:
an algorithm is proposed that combines the stages of formation of the investment portfolio of insurance companies, further increasing the productivity of investment activities and increasing the overall profit;
in order to improve the investment activity of insurance companies, it is proposed to invest their free funds in bonds issued by the state;
in order to prevent unforeseen losses in the investment process in insurance companies, it is proposed to increase the established amount of the reserve fund to 55 percent of the insurer’s authorized fund;
when distributing the financial resources of insurance companies, the need for holding and organizing an open competition is substantiated.
Scientific and practical significance of the research work. Scientific proposals and practical recommendations developed within the framework of the study are due to the enrichment of scientific views on the improvement of financial mechanisms for the investment activities of insurance companies. Theoretical generalizations and methodological rules can be used to further improve
methodological approaches in studying the financial mechanisms of the investment activity of insurance companies, as well as in training insurance investment specialists in higher educational institutions. The practical significance of the study is determined by the possibility of using the investment activities of the insurer for the current analysis and in determining the prospects for the development of insurance investments.
Implementation of the research results. Based on the obtained scientific results on improving the financial mechanisms of investment activities of insurance companies in the Republic of Uzbekistan:
in accordance with the algorithm that combines the stages of formation of the investment portfolio of insurance companies, further increasing the productivity of investment activities and increasing the overall profit, the volume of investments of JSC IC "ALSKOM" increased by 12 percent and amounted to 93.7 billion soums (reference No. 315 of JSC IC "ALSKOM » dated February 18, 2022);
in order to improve the investment activities of insurance companies, the dynamics of income from investment activities of JSC IC ALSKOM increased in accordance with the proposal to invest its free funds in bonds issued by the state. In 2020, this indicator amounted to 8.3 billion soums, which is 1.2 percent more than the previous year and is an effective indicator (reference No. 315 of JSC IC "ALSKOM" dated February 18, 2022);
in order to prevent unforeseen losses in the investment process in insurance companies in the investment activities of JSC IC ALSKOM, an increase in the limited size of the reserve fund up to 55 percent of the authorized fund of the insurer was used (certificate No. 315 of JSC IC ALSKOM dated February 18, 2022);
based on the need to conduct an open tender when placing financial resources by insurance companies, it allowed to effectively manage the investment activities of JSC IC "ALSKOM". As a result, these proposals served in the preparation of qualification requirements for employees and specialists of the Asset and Investment Management Department of the company (certificate No. 315 of JSC IC ALSKOM dated February 18, 2022).