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) | ₾208.0m | 39.7% |
| Property | ₾84.1m | 16.1% |
| Motor Own Damage (Casco) | ₾81.8m | 15.6% |
| Motor TPL | ₾42.4m | 8.1% |
| Life | ₾37.1m | 7.1% |
| General TPL | ₾23.0m | 4.4% |
| Suretyships |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾103.9m | 19.8% | 74.7% | 106.9% | 7.8% |
| 2 | AldagiP&C | ₾82.4m | 15.7% | 40.8% | 76.1% | 32.5% |
| 3 | Imedi LMedical | ₾62.1m | 11.9% | 68.9% | 93.0% | 13.4% |
| ₾9.7m |
| 1.9% |
| Cargo | ₾8.9m | 1.7% |
| Travel | ₾7.6m | 1.5% |
| Aviation TPL | ₾5.8m | 1.1% |
| Personal Accident | ₾5.7m | 1.1% |
| Aviation Hull | ₾5.1m | 1.0% |
| Misc. Financial Loss | ₾3.1m | 0.6% |
| Credit | ₾538k | 0.1% |
| Marine Hull | ₾365k | 0.1% |
| Railway | ₾292k | 0.1% |
| Marine TPL | ₾85k | 0.0% |
| 4 | TBCP&C | ₾60.1m | 11.5% | 23.0% | 77.0% | 54.7% |
| 5 | UnisonP&C | ₾42.6m | 8.1% | 56.1% | 92.5% | 27.2% |
| 6 | ArdiP&C | ₾37.6m | 7.2% | 59.6% | — | — |
| 7 | IRAOP&C | ₾29.0m | 5.5% | 55.6% | 110.0% | 9.4% |
| 8 | WizerMedical | ₾19.5m | 3.7% | 80.8% | 97.6% | 5.9% |
| 9 | AlphaP&C | ₾18.6m | 3.5% | 55.0% | 95.6% | 21.5% |
| 10 | Georgian Ins. GroupP&C | ₾14.5m | 2.8% | 71.0% | 100.8% | 26.5% |
| 11 | Global BenefitsMedical | ₾13.3m | 2.5% | 55.6% | 96.7% | -1.9% |
| 12 | EuroinsP&C | ₾10.9m | 2.1% | 61.7% | 120.0% | -9.1% |
| 13 | PrimeP&C | ₾8.7m | 1.7% | 64.8% | 98.5% | 6.7% |
| 14 | TAOP&C | ₾6.0m | 1.1% | 24.8% | 46.5% | 28.1% |
| 15 | CartuP&C | ₾5.9m | 1.1% | 68.1% | 109.6% | 4.7% |