THE LEGAL NATURE OF INSURANCE INSTITUTION: THEORETICALCONCEPTUAL ANALYSIS
Keywords:
Insurance institution, legal nature, theoretical analysis, insurance law, risk management, insurance legislation, insurance functions, mandatory insurance, voluntary insurance, legal regulation, insurance market, Uzbekistan, financial law, civil law, economic relationships, insurance forms.Abstract
This paper presents a theoretical-conceptual analysis of the legal nature of
insurance as an institution. The study examines the historical evolution of insurance
relationships and their transformation in modern economic systems with particular focus on
Uzbekistan's regulatory framework. Insurance is analyzed as a multifaceted phenomenon
with economic, legal, and social dimensions. The research explores fundamental concepts
including insurance functions, forms, classifications, and their regulatory implications. The
findings reveal that while insurance functions primarily as a risk distribution mechanism, its
legal framework encompasses both public and private law elements, creating a complex
regulatory landscape that continues to evolve in response to market developments and
international standards.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 International journal of conference series on education and social sciences (Online)
This work is licensed under a Creative Commons Attribution 4.0 International License.
