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) | ₾224.4m | 37.2% |
| Motor Own Damage (Casco) | ₾105.8m | 17.6% |
| Property | ₾85.9m | 14.3% |
| Motor TPL | ₾54.7m | 9.1% |
| Life | ₾45.2m | 7.5% |
| General TPL | ₾23.6m | 3.9% |
| Suretyships |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾104.5m | 17.3% | 67.0% | 112.1% | -21.9% |
| 2 | AldagiP&C | ₾96.7m | 16.1% | 38.9% | 85.3% | 26.7% |
| 3 | Imedi LMedical | ₾82.1m | 13.6% | 72.1% | 92.2% | 21.3% |
| ₾11.1m |
| 1.8% |
| Personal Accident | ₾10.6m | 1.8% |
| Cargo | ₾9.8m | 1.6% |
| Travel | ₾8.4m | 1.4% |
| Aviation TPL | ₾8.1m | 1.3% |
| Aviation Hull | ₾7.6m | 1.3% |
| Misc. Financial Loss | ₾6.2m | 1.0% |
| Credit | ₾515k | 0.1% |
| Railway | ₾307k | 0.1% |
| Marine Hull | ₾239k | 0.0% |
| Marine TPL | ₾9k | 0.0% |
| 4 | TBCP&C | ₾79.1m | 13.1% | 25.8% | 89.7% | 32.7% |
| 5 | ArdiP&C | ₾47.8m | 7.9% | 60.7% | — | — |
| 6 | UnisonP&C | ₾35.2m | 5.8% | 48.8% | 90.8% | 14.5% |
| 7 | IRAOP&C | ₾34.9m | 5.8% | 56.2% | 114.7% | -61.1% |
| 8 | WizerMedical | ₾21.2m | 3.5% | 74.5% | 102.4% | 7.5% |
| 9 | Global BenefitsMedical | ₾19.6m | 3.3% | 65.9% | 96.0% | 0.4% |
| 10 | AlphaP&C | ₾19.0m | 3.2% | 101.3% | 114.9% | -40.5% |
| 11 | EuroinsP&C | ₾16.0m | 2.7% | 58.3% | 117.7% | -9.0% |
| 12 | CartuP&C | ₾9.2m | 1.5% | 34.1% | 70.8% | 30.6% |
| 13 | PrimeP&C | ₾8.9m | 1.5% | 46.8% | 94.0% | 6.8% |
| 14 | Georgian Ins. GroupP&C | ₾8.7m | 1.4% | 122.7% | 97.5% | 20.5% |
| 15 | TAOP&C | ₾6.6m | 1.1% | 46.9% | 60.8% | 25.2% |
| 16 | GreenP&C | ₾3.2m | 0.5% | 3.5% | 35.6% | 31.4% |