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) | ₾292.6m | 39.5% |
| Motor Own Damage (Casco) | ₾133.7m | 18.0% |
| Property | ₾116.9m | 15.8% |
| Life | ₾58.7m | 7.9% |
| Motor TPL | ₾43.2m | 5.8% |
| General TPL | ₾28.9m | 3.9% |
| Personal Accident |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾135.5m | 18.3% | 68.8% | 142.5% | 0.0% |
| 2 | AldagiP&C | ₾121.3m | 16.4% | 47.8% | 83.8% | 22.3% |
| 3 | TBCP&C | ₾113.7m | 15.3% | 38.1% | 87.9% | 43.3% |
| ₾13.6m |
| 1.8% |
| Suretyships | ₾11.7m | 1.6% |
| Misc. Financial Loss | ₾10.7m | 1.4% |
| Cargo | ₾10.2m | 1.4% |
| Aviation Hull | ₾9.0m | 1.2% |
| Travel | ₾6.1m | 0.8% |
| Aviation TPL | ₾4.7m | 0.6% |
| Marine Hull | ₾565k | 0.1% |
| Credit | ₾297k | 0.0% |
| Railway | ₾143k | 0.0% |
| Marine TPL | ₾53k | 0.0% |
| 4 | Imedi LMedical | ₾72.4m | 9.8% | 72.9% | 96.2% | 13.9% |
| 5 | ArdiP&C | ₾59.0m | 8.0% | 70.4% | — | — |
| 6 | IRAOP&C | ₾48.5m | 6.5% | 57.9% | 111.6% | 5.3% |
| 7 | UnisonP&C | ₾46.4m | 6.3% | 60.2% | 84.7% | 23.1% |
| 8 | WizerMedical | ₾24.8m | 3.3% | 90.4% | 108.5% | -18.4% |
| 9 | EuroinsP&C | ₾22.0m | 3.0% | 50.9% | 109.5% | -6.8% |
| 10 | New VisionMedical | ₾19.1m | 2.6% | 83.8% | 120.4% | -24.3% |
| 11 | Georgian Ins. GroupP&C | ₾18.6m | 2.5% | 65.5% | 102.7% | 9.9% |
| 12 | Global BenefitsMedical | ₾16.3m | 2.2% | 55.5% | 100.4% | -0.7% |
| 13 | BB InsuranceP&C | ₾13.4m | 1.8% | 28.5% | 134.7% | 10.7% |
| 14 | AlphaP&C | ₾12.2m | 1.6% | 54.3% | 107.1% | -4.7% |
| 15 | PrimeP&C | ₾6.1m | 0.8% | 41.0% | 115.0% | -8.6% |
| 16 | TAOP&C | ₾4.7m | 0.6% | 30.7% | 42.9% | 42.6% |
| 17 | CartuP&C | ₾4.1m | 0.6% | 39.1% | 95.2% | 13.6% |
| 18 | GreenP&C | ₾3.1m | 0.4% | 11.1% | 56.8% | 5.7% |