This research investigates the econometric modeling of the Possible Maximum Loss (PML) indicator to ensure the financial stability of the Uzbekistan insurance market under global climate change. Considering the specific agricultural and seismic risks of Uzbekistan, an integrated approach of Extreme Value Theory (EVT) and Quantile Regression is proposed. Analysis of NAPP and SNS Ratings data revealed that traditional methods underestimate risk by up to 24%. The paper provides scientifically grounded proposals for adapting the national insurance system to Solvency II international standards and optimizing reinsurance capital allocation.
| Mualliflar | Abdullayev Alisher Sa'dulla ugli, Абдуллаев Алишер Саъдулла угли, Abdullayev Alisher Sa'dulla o'g'li |
|---|---|
| Jurnal | Меҳнат иқтисодиёти ва инсон капитали |
| Nashr sanasi | 2026-03-31 |
| Jild | 5 |
| Son | 1 |
| Betlar | 166-174 |
| Til | O‘zbek |
| DOI | 10.55439/lehc/vol5iss1/a252 |
DOI: 10.55439/lehc/vol5iss1/a252 · Maqolaning asl sahifasi
PML, NatCat, Solvency II, Extreme Value Theory, GPD distribution, Uzbekistan insurance market, Agricultural insurance, Quantile Regression., PML, NatCat, Solvency II, Ekstremal qiymatlar nazariyasi, GPD taqsimoti, O‘zbekiston sug‘urta bozori, Agro-sug‘urta, Kvantil regressiya., PML, NatCat, Solvency II, теория экстремальных значений, распределение GPD, страховой рынок Узбекистана, агрострахование, квантильная регрессия.
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