ID 405206566 · FY 2017–2025 · 9 years
Georgian insurance holding company.
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 | 1,431 | 10,973 | 11,399 | 10,350 | 14,082 | 15,776 | 14,901 | 13,411 | 20,694 | +39.6% |
| Net Insurance Claims & Benefits | -847 | -8,674 | -8,787 | -7,152 | -10,462 | -11,869 | -9,812 | -8,427 | -16,198 | +44.6% |
| Net Commission Income / (Expense) | 3 | 707 | 442 | 317 | 558 | 576 | 450 | 413 | 424 | nmf |
| Net Underwriting Result | 587 | 3,006 | 3,054 | 3,515 | 4,178 | 4,484 | 5,539 | 5,396 | 4,919 | +30.4% |
| Investment Income | 183 | 390 | 547 | 599 | 598 | 665 | 767 | 843 | 967 | +23.1% |
| Operating & Administrative Expenses | -357 | -1,681 | -1,880 | -1,830 | -3,449 | -3,831 | -3,105 | -3,433 | -4,209 | +36.1% |
| Other Income / (Expense), net | -0 | -201 | -245 | -83 | -464 | -25 | -886 | -292 | -814 | nmf |
| Profit Before Tax | 413 | 1,514 | 1,476 | 2,201 | 862 | 1,293 | 2,314 | 2,514 | 864 | +9.7% |
| Income Tax | -17 | -227 | -221 | -347 | -113 | -213 | -347 | 0 | 0 | +65.4% |
| Net Profit / (Loss) | 396 | 1,287 | 1,255 | 1,854 | 749 | 1,080 | 1,967 | 2,514 | 864 | +10.2% |
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.
| ₾20k |
0.1% |
| 2.9% |
| Travel | ₾10k | 0.0% | -0.0% |
| Cargo | ₾835 | 0.0% | -55.0% |
Ownership & directors from companyinfo.ge (public corporate registry).