ID 204491344 · FY 2017–2025 · 9 years
Georgian non-life insurance company, part of the Bulgarian Euroins Insurance Group.
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 | 5,590 | 8,207 | 11,690 | 16,670 | 11,922 | 12,025 | 11,663 | 12,820 | 11,909 | +9.9% |
| Net Insurance Claims & Benefits | -3,441 | -4,956 | -8,173 | -12,787 | -6,368 | -6,770 | -6,463 | -6,904 | -7,734 | +10.7% |
| Net Commission Income / (Expense) | 456 | -659 | -809 | 346 | 547 | 363 | 840 | 921 | 1,431 | +15.4% |
| Net Underwriting Result | 2,605 | 2,593 | 2,708 | 4,230 | 6,102 | 5,618 | 6,039 | 6,838 | 5,607 | +10.1% |
| Investment Income | 92 | 254 | 472 | 2,652 | 317 | 144 | 371 | 1,024 | 1,493 | +41.7% |
| Operating & Administrative Expenses | -3,760 | -4,233 | -4,776 | -6,313 | -6,144 | -5,820 | -5,711 | -5,798 | -6,223 | +6.5% |
| Other Income / (Expense), net | 192 | 263 | 644 | -857 | -1,140 | -1,639 | -642 | -2,752 | -913 | nmf |
| Profit Before Tax | -871 | -1,124 | -952 | -288 | -866 | -1,697 | 58 | -688 | -36 | -32.9% |
| Income Tax | 386 | 220 | 129 | 367 | 188 | 0 | -33 | -7 | 0 | nmf |
| Net Profit / (Loss) | -485 | -904 | -823 | 79 | -677 | -1,697 | 25 | -695 | -36 | -27.8% |
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.
| ₾844k |
4.3% |
| 17.8% |
| Personal Accident | ₾189k | 1.0% | 2.0% |
| General TPL | ₾175k | 0.9% | -3.1% |
| Property | ₾138k | 0.7% | 15.3% |
| Marine TPL | ₾2k | 0.0% | 0.5% |
Ownership & directors from companyinfo.ge (public corporate registry).