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Dividends declared (per SOCE filings): FY2022 1,500 · FY2023 1,500 · FY2024 0 — 3-yr total 3,000
Georgian insurance company providing life and non-life insurance products.
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.
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Loss Ratio | 19.9% | 37.9% | 49.3% | 56.5% | 29.7% | 49.3% | 30.3% | 56.0% | 25.6% |
| Acquisition / Commission Ratio | 0.3% | 4.4% | 4.5% | 5.2% | 6.0% | 3.9% | 5.4% | 7.4% | 6.4% |
| Admin Expense Ratio | 20.3% | 4.2% | 7.0% | 5.7% | 7.2% | 7.0% | 8.4% | 5.8% | 5.6% |
| Expense Ratio | 20.5% | 8.6% | 11.5% | 10.9% | 13.2% | 10.9% | 13.8% | 13.2% | 12.0% |
| Combined Ratio | 40.4% | 46.5% | 60.8% | 67.5% | 42.9% | 60.1% | 44.1% | 69.2% | 37.6% |
| Retention Ratio | 1063.7% | 65.4% | 95.1% | 108.2% | 103.6% | 116.3% | 104.2% | 111.7% | 97.7% |
| Underwriting Margin | 119.7% | 57.7% | 46.2% | 38.3% | 64.3% | 46.8% | 64.3% | 36.6% | 68.0% |
| Investment Income / Net Premiums | 147.2% | 19.4% | 18.0% | 24.7% | 24.8% | 24.5% | 30.6% | 37.0% | 42.0% |
| Net Margin | 182.7% | 65.8% | 41.2% | 43.1% | 76.8% | 50.7% | 67.4% | 62.4% | 93.3% |
| ROE | 12.8% | 28.1% | 25.2% | 22.1% | 42.6% | 24.8% | 27.4% | 18.5% | 23.7% |
| ROA | 12.3% | 20.3% | 16.5% | 14.7% | 31.6% | 20.0% | 23.1% | 16.2% | 21.5% |
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.
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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