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Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian insurance and risk management company specializing in employee benefits and health insurance.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,248 | 11,345 | 17,037 | 19,024 | 16,294 | 18,238 | 32,612 | 41,682 | 65,777 | +64.2% | |
| 867 | 7,480 | 11,736 | 13,150 | 11,732 | 14,209 | 27,766 | 35,453 | 56,246 | +68.5% | |
| Net Commission Income / (Expense) | 170 | 280 | 246 | 165 | 381 | 500 | 252 | 237 | 16 | -25.4% |
| Accrued Bonuses | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | |
| Net Underwriting Result | 210 | 3,584 | 5,055 | 5,709 | 4,180 | 3,530 | 4,594 | 5,991 | 9,516 | +61.1% |
| 180 | 313 | 602 | 596 | 597 | 1,115 | 1,167 | 1,414 | 1,797 | +33.3% | |
| 1,901 | 3,212 | 4,369 | 4,596 | 4,244 | 4,179 | 5,961 | 7,263 | 9,027 | +21.5% | |
| Other Income / (Expense), net | 8 | 785 | 1,261 | 1,673 | 511 | 445 | 1,547 | 1,447 | 2,150 | nmf |
| Profit Before Tax | 1,519 | 100 | 27 | 36 | 22 | 20 | 1,747 | 1,305 | 136 | nmf |
| Income Tax | 0 | 0 | 4 | 19 | 81 | 0 | 0 | 1 | 8 | +10.9% |
| Net Profit / (Loss) | 1,519 | 100 | 23 | 17 | 59 | 20 | 1,747 | 1,306 | 129 | nmf |
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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