ID 404858631 · FY 2017–2025 · 9 years
Georgian insurance company offering motor and general insurance products.
curated 2026-06-03reportal.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 | 25,845 | 31,718 | 40,166 | 45,734 | 51,976 | 62,110 | 81,074 | 28,913 | 2,238 | -26.3% |
| Net Insurance Claims & Benefits | -16,660 | -20,210 | -26,446 | -32,492 | -38,865 | -45,318 | -61,402 | -19,700 | 478 | nmf |
| Net Commission Income / (Expense) | -1,616 | 128 | 147 | -451 | -441 | -577 | -614 | -245 | 31 | nmf |
| Net Underwriting Result | 7,569 | 11,636 | 13,866 | 12,791 | 12,670 | 16,215 | 19,059 | 8,969 | 2,747 | -11.9% |
| Investment Income | 505 | 617 | 656 | 689 | 831 | 1,144 | 1,231 | 1,282 | 1,017 | +9.1% |
| Operating & Administrative Expenses | -6,924 | -10,569 | -13,076 | -13,237 | -14,128 | -16,488 | -20,212 | -9,406 | -2,883 | -10.4% |
| Other Income / (Expense), net | 1,423 | -842 | -571 | 90 | 61 | -632 | 592 | 10,885 | 101 | -28.1% |
| Profit Before Tax | 2,573 | 841 | 875 | 333 | -566 | 239 | 671 | 11,730 | 983 | -11.3% |
| Income Tax | -386 | -126 | -131 | -91 | -30 | -48 | -57 | 0 | 0 | -27.3% |
| Net Profit / (Loss) | 2,187 | 715 | 743 | 242 | -596 | 191 | 614 | 11,730 | 983 | -9.5% |
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.
| ₾34k |
0.7% |
| — |
| Misc. Financial Loss | ₾16k | 0.3% | — |
| Property | ₾3k | 0.1% | — |
Ownership & directors from companyinfo.ge (public corporate registry).