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) | ₾189.9m | 44.7% |
| Motor Own Damage (Casco) | ₾71.5m | 16.8% |
| Property | ₾70.0m | 16.5% |
| Life | ₾22.9m | 5.4% |
| General TPL | ₾20.2m | 4.7% |
| Motor TPL | ₾11.1m | 2.6% |
| Travel |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾98.8m | 23.2% | 70.4% | 101.9% | 23.9% |
| 2 | AldagiP&C | ₾88.1m | 20.7% | 40.5% | 74.3% | 34.4% |
| 3 | Imedi LMedical | ₾49.5m | 11.6% | 85.6% | 105.0% | -33.5% |
| ₾7.4m |
| 1.7% |
| Aviation Hull | ₾7.0m | 1.6% |
| Suretyships | ₾6.6m | 1.6% |
| Cargo | ₾6.2m | 1.5% |
| Personal Accident | ₾4.5m | 1.1% |
| Aviation TPL | ₾4.0m | 0.9% |
| Misc. Financial Loss | ₾2.4m | 0.6% |
| Credit | ₾555k | 0.1% |
| Marine Hull | ₾453k | 0.1% |
| Railway | ₾362k | 0.1% |
| Marine TPL | ₾17k | 0.0% |
| 4 | ArdiP&C | ₾31.4m | 7.4% | 60.3% | — | — |
| 5 | TBCP&C | ₾31.3m | 7.4% | 35.7% | 106.1% | 21.9% |
| 6 | WizerMedical | ₾30.6m | 7.2% | 107.5% | 116.3% | -50.0% |
| 7 | UnisonP&C | ₾30.4m | 7.1% | 47.4% | 89.3% | 23.7% |
| 8 | IRAOP&C | ₾23.6m | 5.6% | 89.3% | 112.9% | -0.3% |
| 9 | AlphaP&C | ₾9.3m | 2.2% | 75.3% | 113.0% | 11.2% |
| 10 | Georgian Ins. GroupP&C | ₾5.3m | 1.2% | 16.1% | 84.3% | 15.3% |
| 11 | CartuP&C | ₾5.3m | 1.2% | 88.3% | 102.5% | 12.6% |
| 12 | PrimeP&C | ₾5.1m | 1.2% | 49.9% | 108.2% | -4.4% |
| 13 | Global BenefitsMedical | ₾4.6m | 1.1% | 23.2% | 235.5% | -70.7% |
| 14 | TAOP&C | ₾44k | 0.0% | -22.2% | 40.4% | 12.8% |