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Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Founded in 2007 and rebranded in 2018, Prime is a Georgian insurer offering health, motor, travel, property, cargo, aviation, engineering and agricultural insurance. Operates with European-investor backing.
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 | 55.3% | 57.0% | 48.4% | 57.8% | 42.1% | 61.8% | 68.1% | 56.2% | 44.3% |
| Acquisition / Commission Ratio | 7.9% | 6.0% | 3.0% | 4.7% | 7.0% | 6.3% | 0.8% | 0.3% | 0.0% |
| Admin Expense Ratio | 45.0% | 35.6% | 42.7% | 55.9% | 65.9% | 51.7% | 45.4% | 50.2% | 51.3% |
| Expense Ratio | 52.9% | 41.6% | 45.7% | 60.6% | 72.9% | 58.0% | 46.2% | 50.4% | 51.3% |
| Combined Ratio | 108.2% | 98.5% | 94.0% | 118.4% | 115.0% | 119.7% | 114.3% | 106.7% | 95.6% |
| Retention Ratio | 81.2% | 82.7% | 71.4% | 78.6% | 82.6% | 68.4% | 69.2% | 74.8% | 68.8% |
| Underwriting Margin | 36.8% | 37.1% | 48.6% | 37.5% | 50.9% | 32.0% | 31.1% | 44.0% | 55.7% |
| Investment Income / Net Premiums | 3.1% | 3.3% | 4.7% | 3.7% | 3.4% | 2.5% | 5.2% | 6.7% | 5.7% |
| Net Margin | -3.6% | 4.9% | 6.1% | -7.3% | -12.6% | -34.2% | -15.5% | 1.7% | 4.9% |
| ROE | -4.4% | 6.7% | 6.8% | -8.2% | -8.6% | -33.9% | -16.0% | 1.7% | 4.6% |
| ROA | -2.1% | 3.9% | 3.8% | -4.0% | -5.3% | -15.6% | -6.2% | 0.7% | 2.1% |
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).
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