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Dividends declared (per SOCE filings): FY2022 0 · FY2023 200 · FY2024 495 — 3-yr total 695
Georgian non-life insurance company offering motor, property, health and other lines.
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 | 58.8% | 60.0% | 54.0% | 54.8% | 49.0% | 61.5% | 59.7% | 44.4% | 65.5% |
| Acquisition / Commission Ratio | 7.9% | 9.4% | 8.8% | 7.9% | 8.7% | 5.9% | 5.7% | 3.4% | 4.5% |
| Admin Expense Ratio | 22.6% | 23.2% | 28.0% | 24.0% | 26.9% | 21.8% | 23.8% | 26.8% | 29.5% |
| Expense Ratio | 30.5% | 32.5% | 36.8% | 31.9% | 35.7% | 27.7% | 29.6% | 30.1% | 34.0% |
| Combined Ratio | 89.3% | 92.5% | 90.8% | 86.7% | 84.7% | 89.2% | 89.3% | 74.5% | 99.5% |
| Retention Ratio | 46.4% | 48.2% | 58.9% | 55.4% | 44.0% | 49.1% | 48.7% | 59.9% | 56.9% |
| Underwriting Margin | 33.1% | 30.6% | 37.2% | 37.3% | 42.0% | 32.5% | 34.5% | 52.3% | 30.0% |
| Investment Income / Net Premiums | 2.4% | 1.6% | 1.9% | 2.6% | 2.6% | 3.0% | 6.9% | 7.1% | 5.2% |
| Net Margin | 9.6% | 10.6% | 7.0% | 15.2% | 15.4% | 4.5% | 10.0% | 31.1% | 6.1% |
| ROE | 23.7% | 27.2% | 14.5% | 25.7% | 23.1% | 7.9% | 14.8% | 35.4% | 8.7% |
| ROA | 3.1% | 4.0% | 2.5% | 5.8% | 5.1% | 1.7% | 3.6% | 12.2% | 2.4% |
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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