ID 202408386 · FY 2017–2025 · 9 years
Georgian insurance company providing life and non-life insurance products.
curated 2026-06-03reportal.ge
FY2023 basis change: the insurance industry adopted IFRS 17 in FY2023. Figures here come from the regulator's fixed-form 12-month returns (consistent line codes across all years), but the underlying measurement basis still shifts at that boundary. Read trends across the FY2022/FY2023 line with care.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Earned Premium / Insurance Revenue | 463 | 3,923 | 6,301 | 5,385 | 4,865 | 4,734 | 4,579 | 4,102 | 3,760 | +29.9% |
| Net Insurance Claims & Benefits | 92 | -1,486 | -3,108 | -3,045 | -1,443 | -2,333 | -1,387 | -2,296 | -962 | nmf |
| Net Commission Income / (Expense) | -1 | -174 | -282 | -279 | -292 | -184 | -249 | -304 | -240 | nmf |
| Net Underwriting Result | 554 | 2,263 | 2,911 | 2,061 | 3,131 | 2,217 | 2,943 | 1,503 | 2,557 | +21.1% |
| Investment Income | 681 | 760 | 1,133 | 1,332 | 1,209 | 1,158 | 1,402 | 1,519 | 1,577 | +11.1% |
| Operating & Administrative Expenses | -94 | -163 | -443 | -308 | -353 | -330 | -385 | -240 | -211 | +10.7% |
| Other Income / (Expense), net | -126 | 188 | -451 | -261 | 316 | -215 | -328 | -222 | -416 | +16.1% |
| Profit Before Tax | 1,014 | 3,049 | 3,150 | 2,824 | 4,303 | 2,830 | 3,633 | 2,560 | 3,507 | +16.8% |
| Income Tax | -169 | -466 | -555 | -500 | -568 | -430 | -546 | 0 | 0 | +21.6% |
| Net Profit / (Loss) | 845 | 2,583 | 2,595 | 2,324 | 3,735 | 2,400 | 3,087 | 2,560 | 3,507 | +19.5% |
Statements and underwriting KPIs come from the company's 12-month regulatory returns filed with the Insurance State Supervision Service (insurance.gov.ge); reportal.ge annual-report PDFs stay linked on the year headers where available.
Ownership & directors from companyinfo.ge (public corporate registry).
| ₾62 |
0.0% |
| -3.7% |
| Property | ₾27 | 0.0% | -6.7% |