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Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian insurance company offering general insurance products.
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 | 78.9% | 67.0% | 85.5% | 53.1% | 56.4% | 59.2% | 65.6% | 64.5% | 61.9% |
| Acquisition / Commission Ratio | 6.7% | 2.7% | 0.9% | 4.0% | 1.2% | 1.5% | 2.4% | 5.4% | 6.3% |
| Admin Expense Ratio | 27.5% | 25.9% | 28.5% | 44.5% | 49.6% | 43.5% | 33.2% | 29.7% | 32.2% |
| Expense Ratio | 34.2% | 28.6% | 29.4% | 48.5% | 50.7% | 44.9% | 35.6% | 35.1% | 38.4% |
| Combined Ratio | 113.0% | 95.6% | 114.9% | 101.7% | 107.1% | 104.1% | 101.2% | 99.5% | 100.3% |
| Retention Ratio | 76.9% | 69.8% | 94.9% | 64.4% | 73.3% | 63.0% | 75.5% | 80.0% | 70.4% |
| Underwriting Margin | 27.8% | 35.7% | 13.7% | 50.9% | 42.5% | 39.3% | 32.1% | 30.2% | 31.8% |
| Investment Income / Net Premiums | 9.9% | 8.5% | 4.8% | 9.3% | 10.0% | 11.5% | 8.8% | 8.1% | 8.3% |
| Net Margin | 10.8% | 14.5% | -13.9% | 11.3% | -5.2% | -4.3% | 9.3% | 4.5% | 3.2% |
| ROE | 11.2% | 21.5% | -40.5% | 13.6% | -4.7% | -6.1% | 17.5% | 9.8% | 6.3% |
| ROA | 4.6% | 6.7% | -10.0% | 4.7% | -1.7% | -1.5% | 4.8% | 3.0% | 1.8% |
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.
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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