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
| Metric | GPI Holding | Aldagi | Imedi L | TBC | Unison | Market |
|---|---|---|---|---|---|---|
| GWP | ₾103.9m | ₾82.4m | ₾62.1m | ₾60.1m | ₾42.6m | ₾523.4m |
| Market share | 19.8% | 15.7% | 11.9% | 11.5% | 8.1% | 100.0% |
| GWP growth | +5.1% | -6.5% | +25.4% | +91.9% | +40.0% | +23.1% |
| Loss ratio | 75.8% | 36.9% | 70.3% | 24.8% | 60.0% | 59.9% |
| Expense ratio | 31.2% | 39.2% | 22.8% | 52.2% | 32.5% | 31.8% |
| Combined ratio | 106.9% | 76.1% | 93.0% | 77.0% | 92.5% | 91.7% |
| Retention | 83.2% | 68.1% | 91.9% | 55.8% | 52.5% | 75.8% |
| ROE | 7.8% | 32.5% | 13.4% | 54.7% | 27.2% | 19.0% |
| ROA | 2.8% | 11.4% | 4.9% | 7.4% | 4.0% | 5.7% |
| Net profit | ₾3.1m | ₾16.5m | ₾2.9m | ₾7.1m | ₾2.2m | ₾42.2m |