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Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian non-life insurance company, part of the Bulgarian Euroins Insurance Group.
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 | 61.6% | 60.4% | 69.9% | 76.7% | 53.4% | 56.3% | 55.4% | 53.8% | 64.9% |
| Acquisition / Commission Ratio | 8.2% | 8.0% | 6.9% | 2.1% | 4.6% | 3.0% | 7.2% | 7.2% | 12.0% |
| Admin Expense Ratio | 67.3% | 51.6% | 40.9% | 37.9% | 51.5% | 48.4% | 49.0% | 45.2% | 52.2% |
| Expense Ratio | 75.4% | 59.6% | 47.8% | 39.9% | 56.1% | 51.4% | 56.2% | 52.4% | 64.3% |
| Combined Ratio | 137.0% | 120.0% | 117.7% | 116.7% | 109.5% | 107.7% | 111.6% | 106.3% | 129.2% |
| Retention Ratio | 50.0% | 75.4% | 73.1% | 72.1% | 54.2% | 62.6% | 63.7% | 57.5% | 61.2% |
| Underwriting Margin | 46.6% | 31.6% | 23.2% | 25.4% | 51.2% | 46.7% | 51.8% | 53.3% | 47.1% |
| Investment Income / Net Premiums | 1.6% | 3.1% | 4.0% | 15.9% | 2.7% | 1.2% | 3.2% | 8.0% | 12.5% |
| Net Margin | -8.7% | -11.0% | -7.0% | 0.5% | -5.7% | -14.1% | 0.2% | -5.4% | -0.3% |
| ROE | -8.0% | -9.1% | -9.0% | 0.8% | -6.8% | -15.1% | 0.3% | -8.3% | -0.4% |
| ROA | -1.7% | -3.4% | -3.4% | 0.2% | -2.0% | -5.6% | 0.1% | -2.0% | -0.1% |
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.