State regulation of insurance activities ensures market stability, financial solvency, and consumer protection while fostering sustainable development of the insurance sector. In Uzbekistan, the legal and institutional framework establishes licensing, solvency requirements, reporting obligations, and supervisory mechanisms to maintain a stable and transparent insurance market. Despite the comprehensive regulations, challenges persist, including limited adoption of digital oversight, slow enforcement, and insufficient support for innovative insurance products. This study analyzes the features of state regulation in Uzbekistan, examines supervisory practices, evaluates regulatory effectiveness, and draws lessons from international experiences. Findings indicate that strong regulatory frameworks, combined with digital monitoring, risk-based supervision, and public-private cooperation, are essential to strengthen market resilience, promote innovation, and enhance consumer trust.

insurance regulation, state supervision, market stability, consumer protection, insurance law, compliance, risk management, Uzbekistan, digital oversight, insurance development

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