Loading…
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian non-life insurance company offering motor, property 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.
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Loss Ratio | 8.9% | 10.4% | 3.5% | 3.6% | 11.9% | 25.4% | 14.0% | 11.4% | 16.2% |
| Acquisition / Commission Ratio | 24.0% | 14.9% | 1.2% | 1.2% | 2.4% | 5.7% | 4.1% | 1.3% | 0.9% |
| Admin Expense Ratio | 117.8% | 26.0% | 30.9% | 44.3% | 42.5% | 36.5% | 34.4% | 37.7% | 42.0% |
| Expense Ratio | 141.8% | 40.9% | 32.1% | 45.5% | 44.9% | 42.2% | 38.6% | 39.0% | 42.9% |
| Combined Ratio | 150.7% | 51.3% | 35.6% | 49.1% | 56.8% | 67.6% | 52.6% | 50.4% | 59.1% |
| Retention Ratio | 87.3% | 93.6% | 100.0% | 92.2% | 81.7% | 88.9% | 85.3% | 86.3% | 84.3% |
| Underwriting Margin | 67.1% | 74.7% | 95.3% | 95.2% | 85.7% | 68.8% | 81.9% | 89.9% | 82.9% |
| Investment Income / Net Premiums | 20.9% | 3.4% | 7.3% | 20.2% | 23.7% | 13.7% | 24.4% | 43.7% | 49.9% |
| Net Margin | -41.6% | 37.2% | 63.2% | 76.2% | 28.8% | -7.5% | 49.8% | 44.4% | 60.5% |
| ROE | -7.9% | 23.8% | 31.4% | 16.1% | 5.7% | -2.0% | 12.7% | 9.0% | 11.2% |
| ROA | -6.8% | 20.0% | 26.6% | 14.4% | 5.0% | -1.6% | 10.3% | 7.7% | 10.0% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →