A B S T R A C T
The purpose of the research is to propose recommendations for identifying and resolving the current problems in Azerbaijan’s insurance market.
The methodology of the research – the study applies methods of synthesis, economic analysis, and logical generalization.
The practical importance of the research – the findings of the research can be useful for various stakeholders, including employees of insurance companies, students in the field of finance and insurance experts.
The results of the research – identifying and eliminating existing problems is essential for ensuring the effective functioning of the insurance market.
The originality and scientific novelty of the research – the study systematically identifies and classifies the existing problems in Azerbaijan's insurance market and proposes relevant solutions.
Keywords: insurance market, problems, insurance companies, life insurance.