ID 204970031 · FY 2017–2025 · 9 years
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 | 3,992 | 3,184 | 5,028 | 3,977 | 3,929 | 4,833 | 5,711 | 6,105 | 6,340 | +6.0% |
| Net Insurance Claims & Benefits | -2,552 | -1,902 | -1,704 | -1,361 | -1,451 | -1,780 | -1,929 | -2,293 | -2,615 | +0.3% |
| Net Commission Income / (Expense) | 244 | 262 | 228 | 237 | 377 | 284 | 263 | 389 | 253 | +0.4% |
| Net Underwriting Result | 1,684 | 1,545 | 3,552 | 2,854 | 2,855 | 3,337 | 4,045 | 4,202 | 3,979 | +11.3% |
| Investment Income | 243 | 279 | 518 | 756 | 1,001 | 1,060 | 1,280 | 1,489 | 1,652 | +27.1% |
| Operating & Administrative Expenses | -1,296 | -1,327 | -1,630 | -1,749 | -1,912 | -2,172 | -2,308 | -2,513 | -2,887 | +10.5% |
| Other Income / (Expense), net | -202 | -239 | 65 | 90 | -184 | -663 | -482 | -350 | -513 | +12.4% |
| Profit Before Tax | 430 | 257 | 2,505 | 1,951 | 1,760 | 1,562 | 2,534 | 2,828 | 2,231 | +22.9% |
| Income Tax | -71 | -24 | -327 | -254 | -321 | -268 | -406 | -0 | -0 | nmf |
| Net Profit / (Loss) | 359 | 233 | 2,179 | 1,696 | 1,439 | 1,294 | 2,128 | 2,828 | 2,231 | +25.7% |
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.
| ₾323k |
4.2% |
| -3.0% |
| General TPL | ₾105k | 1.4% | -1.2% |
| Aviation TPL | ₾25k | 0.3% | -0.7% |
| Personal Accident | ₾18k | 0.2% | -0.1% |
| Misc. Financial Loss | ₾4k | 0.0% | -53.4% |
| Travel | ₾127 | 0.0% | -2.2% |
Ownership & directors from companyinfo.ge (public corporate registry).