Sector overviews / Insurance
The regulator's book, in three views: the market, the players compared, and each player drilled down. GWP = gross written premium (financial / collected basis); underwriting ratios are on a net-earned-premium basis, so combined = loss + expense.
FY2015–FY2025 · insurance.gov.ge
| Class | GWP | Share |
|---|---|---|
| Medical (Health) | ₾585.3m | 42.5% |
| Motor Own Damage (Casco) | ₾283.3m | 20.6% |
| Property | ₾156.5m | 11.4% |
| Life | ₾126.8m | 9.2% |
| Motor TPL | ₾87.1m | 6.3% |
| General TPL | ₾31.9m | 2.3% |
| Cargo |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | TBCP&C | ₾253.1m | 18.4% | 46.5% | 87.1% | 46.4% |
| 2 | GPI HoldingP&C | ₾245.5m | 17.8% | 60.2% | 101.6% | 21.5% |
| 3 | AldagiP&C | ₾224.3m | 16.3% | 51.6% | 87.4% | 33.0% |
| ₾20.3m |
| 1.5% |
| Personal Accident | ₾20.1m | 1.5% |
| Aviation Hull | ₾18.1m | 1.3% |
| Travel | ₾15.8m | 1.1% |
| Suretyships | ₾15.0m | 1.1% |
| Aviation TPL | ₾9.1m | 0.7% |
| Misc. Financial Loss | ₾7.1m | 0.5% |
| Marine Hull | ₾469k | 0.0% |
| Marine TPL | ₾281k | 0.0% |
| Credit | ₾76k | 0.0% |
| Railway | ₾22k | 0.0% |
| 4 | Imedi LMedical | ₾130.5m | 9.5% | 64.4% | 92.6% | 38.3% |
| 5 | ArdiP&C | ₾102.6m | 7.5% | 63.9% | 92.8% | 27.3% |
| 6 | IRAOP&C | ₾87.8m | 6.4% | 55.5% | 95.7% | 24.7% |
| 7 | Global BenefitsMedical | ₾82.2m | 6.0% | 82.9% | 99.3% | 1.1% |
| 8 | UnisonP&C | ₾57.0m | 4.1% | 58.6% | 99.5% | 8.7% |
| 9 | WizerMedical | ₾48.9m | 3.6% | 70.8% | 104.1% | -13.3% |
| 10 | AlphaP&C | ₾27.2m | 2.0% | 57.3% | 100.3% | 6.3% |
| 11 | BB InsuranceP&C | ₾23.9m | 1.7% | 39.1% | 98.6% | 22.2% |
| 12 | Georgian Ins. GroupP&C | ₾23.3m | 1.7% | 75.3% | 100.7% | 6.9% |
| 13 | New VisionMedical | ₾19.7m | 1.4% | 70.0% | 100.2% | 7.2% |
| 14 | EuroinsP&C | ₾19.4m | 1.4% | 56.4% | 129.2% | -0.4% |
| 15 | PrimeP&C | ₾11.6m | 0.8% | 44.4% | 95.6% | 4.6% |
| 16 | CartuP&C | ₾7.7m | 0.6% | 40.7% | 90.8% | 12.8% |
| 17 | AutographP&C | ₾4.7m | 0.3% | -21.4% | 151.5% | 8.1% |
| 18 | TAOP&C | ₾3.8m | 0.3% | 25.0% | 37.6% | 23.7% |
| 19 | GreenP&C | ₾3.8m | 0.3% | 16.0% | 59.1% | 11.2% |