ID 404990435 · FY 2017–2025 · 9 years
Georgian non-life insurance company offering motor, property and health insurance.
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 | 518 | 2,878 | 3,245 | 2,469 | 2,495 | 3,316 | 3,588 | 3,138 | 3,211 | +25.6% |
| Net Insurance Claims & Benefits | -46 | -298 | -113 | -88 | -298 | -844 | -503 | -359 | -522 | +35.4% |
| Net Commission Income / (Expense) | -124 | -430 | -39 | -30 | -60 | -190 | -148 | 41 | -28 | -17.1% |
| Net Underwriting Result | 348 | 2,150 | 3,094 | 2,351 | 2,137 | 2,283 | 2,937 | 2,820 | 2,662 | +29.0% |
| Investment Income | 108 | 98 | 237 | 499 | 591 | 454 | 877 | 1,373 | 1,603 | +40.1% |
| Operating & Administrative Expenses | -611 | -748 | -1,004 | -1,094 | -1,060 | -1,209 | -1,236 | -1,181 | -1,349 | +10.4% |
| Other Income / (Expense), net | -88 | -200 | 89 | 524 | -811 | -1,792 | -470 | -1,618 | -972 | +35.1% |
| Profit Before Tax | -242 | 1,300 | 2,416 | 2,280 | 857 | -264 | 2,109 | 1,393 | 1,943 | nmf |
| Income Tax | 27 | -230 | -364 | -399 | -137 | 16 | -321 | 0 | 0 | nmf |
| Net Profit / (Loss) | -216 | 1,070 | 2,052 | 1,881 | 720 | -248 | 1,788 | 1,393 | 1,943 | 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.
| ₾86k |
2.2% |
| 3.9% |
| Suretyships | ₾79k | 2.1% | 256.1% |
| Misc. Financial Loss | ₾4k | 0.1% | 4.8% |
| Travel | ₾40 | 0.0% | 5.0% |
Ownership & directors from companyinfo.ge (public corporate registry).