Loading…
Dividends declared (per SOCE filings): FY2022 0 · FY2023 5,190 · FY2024 7,407 — 3-yr total 12,597
JSC Insurance Company GPI Holding is one of Georgia's three largest insurers, majority-owned by Vienna Insurance Group (VIG, Austria's largest insurer). It writes the full mix of P&C, motor, health and life lines through Georgia's largest agent network.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 80,226 | 85,315 | 78,837 | 95,726 | 54,297 | 65,230 | 73,139 | 88,441 | 165,090 | +9.4% | |
| 55,804 | 64,626 | 58,400 | 65,754 | 40,056 | 43,809 | 47,953 | 53,298 | 111,623 | +9.1% | |
| Net Commission Income / (Expense) | 3,545 | 818 | 1,435 | 339 | 8,380 | 11,391 | 14,212 | 20,765 | 4,020 | +1.6% |
| Net Underwriting Result | 27,967 | 21,506 | 21,872 | 29,633 | 22,621 | 32,812 | 39,399 | 55,907 | 57,487 | +9.4% |
| Net Result from Pension Activity | 125 | 74 | 66 | 73 | 60 | 37 | 39 | 19 | 17 | -21.8% |
| 1,018 | 1,130 | 703 | 3,086 | 3,934 | 5,216 | 5,867 | 5,951 | 8,470 | +30.3% | |
| 22,431 | 25,767 | 28,578 | 28,847 | 28,923 | 33,254 | 40,434 | 47,770 | 52,128 | +11.1% | |
| Other Income / (Expense), net | 1,716 | 6,976 | 483 | 826 | 2,329 | 275 | 586 | 222 | 1,906 | nmf |
| Profit Before Tax | 8,395 | 3,919 | 6,420 | 3,119 | 20 | 4,536 | 4,285 | 14,329 | 11,940 | +4.5% |
| Income Tax | 1,682 | 838 | 404 | 1,031 | 13 | 924 | 144 | 0 | 1,240 | -3.7% |
| Net Profit / (Loss) | 6,713 | 3,081 | 6,824 | 2,088 | 7 | 3,612 | 4,429 | 14,329 | 10,700 | +6.0% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →