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) | ₾255.8m | 40.0% |
| Motor Own Damage (Casco) | ₾108.0m | 16.9% |
| Property | ₾106.7m | 16.7% |
| Life | ₾49.4m | 7.7% |
| Motor TPL | ₾37.5m | 5.9% |
| General TPL | ₾25.0m | 3.9% |
| Personal Accident |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾123.7m | 19.4% | 65.8% | 99.2% | 6.2% |
| 2 | AldagiP&C | ₾105.2m | 16.5% | 42.2% | 83.2% | 26.0% |
| 3 | TBCP&C | ₾86.3m | 13.5% | 38.4% | 87.9% | 42.4% |
| ₾13.4m |
| 2.1% |
| Suretyships | ₾10.9m | 1.7% |
| Cargo | ₾8.7m | 1.4% |
| Misc. Financial Loss | ₾8.6m | 1.3% |
| Aviation Hull | ₾5.6m | 0.9% |
| Aviation TPL | ₾5.2m | 0.8% |
| Travel | ₾3.1m | 0.5% |
| Marine Hull | ₾335k | 0.1% |
| Credit | ₾327k | 0.1% |
| Railway | ₾273k | 0.0% |
| Marine TPL | ₾49k | 0.0% |
| 4 | Imedi LMedical | ₾69.6m | 10.9% | 71.6% | 94.0% | 16.1% |
| 5 | ArdiP&C | ₾52.6m | 8.2% | 66.7% | — | — |
| 6 | UnisonP&C | ₾39.6m | 6.2% | 57.5% | 86.7% | 25.7% |
| 7 | IRAOP&C | ₾37.7m | 5.9% | 56.2% | 109.4% | -0.3% |
| 8 | WizerMedical | ₾23.3m | 3.6% | 82.8% | 101.7% | 14.8% |
| 9 | EuroinsP&C | ₾23.1m | 3.6% | 83.3% | 116.7% | 0.8% |
| 10 | Global BenefitsMedical | ₾16.6m | 2.6% | 79.9% | 94.1% | 0.3% |
| 11 | AlphaP&C | ₾15.0m | 2.3% | 52.9% | 101.7% | 13.6% |
| 12 | Georgian Ins. GroupP&C | ₾11.5m | 1.8% | 68.5% | 89.9% | 26.3% |
| 13 | CartuP&C | ₾8.0m | 1.2% | 34.4% | 84.1% | 19.3% |
| 14 | PrimeP&C | ₾7.3m | 1.1% | 57.9% | 118.4% | -8.2% |
| 15 | TAOP&C | ₾5.0m | 0.8% | 61.2% | 67.5% | 22.1% |
| 16 | New VisionMedical | ₾4.4m | 0.7% | 27.5% | 162.2% | -4.8% |
| 17 | GreenP&C | ₾2.7m | 0.4% | 3.3% | 49.1% | 16.1% |