Dividends declared (per SOCE filings): FY2022 10,025 · FY2023 11,013 · FY2024 13,600 — 3-yr total 34,638
JSC TBC Insurance is the insurance arm of TBC Bank Group (LSE: TBCG), launched in 2016 to bancassure TBC's retail and SME clients. Underwrites motor, health, property and travel lines distributed primarily through TBC Bank's branch network and mobile app.
Group parent — controls 1 company · ownership
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 16,983 | 31,086 | 45,660 | 70,098 | 86,975 | 119,150 | 139,755 | 169,548 | 213,712 | +37.2% | |
| 6,377 | 7,707 | 15,442 | 28,392 | 37,306 | 57,923 | 66,115 | 84,205 | 99,975 | +41.1% | |
| Net Commission Income / (Expense) | 926 | 5,551 | 6,753 | 14,595 | 17,805 | 22,843 | 25,365 | 29,178 | 40,801 | nmf |
| Net Underwriting Result | 11,532 | 17,828 | 23,465 | 27,111 | 31,863 | 38,384 | 48,275 | 56,165 | 72,935 | +25.9% |
| 642 | 1,367 | 3,265 | 3,244 | 4,634 | 6,210 | 8,770 | 8,855 | 12,256 | +44.6% | |
| 10,712 | 10,675 | 18,779 | 18,662 | 21,356 | 28,237 | 33,616 | 36,355 | 45,445 | +19.8% | |
| Other Income / (Expense), net | 157 | 230 | 292 | 1,098 | 981 | 2,883 | 2,805 | 45 | 30 | nmf |
| Profit Before Tax | 1,305 | 8,289 | 7,659 | 12,792 | 16,122 | 19,240 | 26,234 | 28,619 | 39,777 | +53.3% |
| Income Tax | 196 | 1,207 | 1,372 | 2,333 | 2,712 | 3,509 | 4,252 | 26 | 5 | nmf |
| Net Profit / (Loss) | 1,109 | 7,082 | 6,287 | 10,458 | 13,410 | 15,731 | 21,982 | 28,593 | 39,782 | +56.4% |
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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