ID 204545572 · FY 2017–2025 · 9 years
Wizer (ვაიზერი) — formerly JSC PSP Insurance, rebranded to Wizer on 15 October 2025 (same legal entity). Part of PSP Group alongside PSP Pharma, GM Pharma and the New Hospitals clinic; a health/medical-focused insurer. Financials are sourced from the insurance.gov.ge regulatory 12-month return.
curated 2026-06-25reportal.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 | 30,314 | 17,775 | 16,637 | 19,846 | 22,978 | 29,702 | 29,251 | 39,560 | 39,319 | +3.3% |
| Net Insurance Claims & Benefits | -32,760 | -14,894 | -14,339 | -17,118 | -21,561 | -26,367 | -22,003 | -34,278 | -28,802 | -1.6% |
| Net Commission Income / (Expense) | -18 | 91 | 308 | 361 | 148 | 151 | 592 | 1,328 | 1,009 | nmf |
| Net Underwriting Result | -2,464 | 2,972 | 2,605 | 3,089 | 1,565 | 3,486 | 7,839 | 6,610 | 11,526 | nmf |
| Investment Income | 603 | 717 | 973 | 1,363 | 1,150 | 1,094 | 1,069 | 1,057 | 858 | +4.5% |
| Operating & Administrative Expenses | -2,474 | -2,355 | -2,385 | -2,709 | -3,225 | -4,044 | -5,851 | -8,193 | -11,132 | +20.7% |
| Other Income / (Expense), net | -153 | -666 | -286 | 164 | -1,149 | -2,463 | -1,573 | -514 | -2,476 | +41.6% |
| Profit Before Tax | -4,488 | 668 | 907 | 1,906 | -1,659 | -1,926 | 1,484 | -1,040 | -1,226 | -15.0% |
| Income Tax | 0 | -100 | -136 | 0 | -299 | 0 | 0 | -33 | -39 | -12.8% |
| Net Profit / (Loss) | -4,488 | 568 | 771 | 1,906 | -1,958 | -1,926 | 1,484 | -1,073 | -1,264 | -14.6% |
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.
| ₾124k |
0.3% |
| 78.8% |
| Life | ₾103k | 0.2% | -7.0% |
| Cargo | ₾14k | 0.0% | -3.9% |
Ownership & directors from companyinfo.ge (public corporate registry).