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) | ₾357.2m | 41.1% |
| Motor Own Damage (Casco) | ₾154.9m | 17.8% |
| Property | ₾116.0m | 13.3% |
| Life | ₾73.8m | 8.5% |
| Motor TPL | ₾63.3m | 7.3% |
| General TPL | ₾29.8m | 3.4% |
| Personal Accident |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾161.2m | 18.5% | 61.2% | 135.6% | 8.9% |
| 2 | TBCP&C | ₾147.6m | 17.0% | 45.2% | 91.5% | 42.9% |
| 3 | AldagiP&C | ₾131.4m | 15.1% | 45.6% | 80.3% | 18.6% |
| ₾13.8m |
| 1.6% |
| Cargo | ₾12.3m | 1.4% |
| Suretyships | ₾11.9m | 1.4% |
| Travel | ₾10.9m | 1.3% |
| Misc. Financial Loss | ₾9.3m | 1.1% |
| Aviation TPL | ₾8.2m | 0.9% |
| Aviation Hull | ₾7.6m | 0.9% |
| Marine Hull | ₾522k | 0.1% |
| Credit | ₾166k | 0.0% |
| Railway | ₾115k | 0.0% |
| Marine TPL | ₾6k | 0.0% |
| 4 | Imedi LMedical | ₾80.7m | 9.3% | 67.1% | 99.1% | 11.8% |
| 5 | ArdiP&C | ₾72.6m | 8.3% | 65.0% | — | — |
| 6 | IRAOP&C | ₾59.5m | 6.8% | 59.8% | 100.9% | 5.9% |
| 7 | UnisonP&C | ₾53.6m | 6.2% | 57.0% | 89.2% | 7.9% |
| 8 | WizerMedical | ₾32.3m | 3.7% | 91.5% | 102.9% | -20.2% |
| 9 | Global BenefitsMedical | ₾20.0m | 2.3% | 72.6% | 103.6% | 0.2% |
| 10 | EuroinsP&C | ₾19.2m | 2.2% | 57.4% | 107.7% | -15.1% |
| 11 | AlphaP&C | ₾17.9m | 2.1% | 48.0% | 104.1% | -6.1% |
| 12 | Georgian Ins. GroupP&C | ₾17.4m | 2.0% | 75.8% | 103.2% | 13.1% |
| 13 | BB InsuranceP&C | ₾17.2m | 2.0% | 24.4% | 88.8% | 17.3% |
| 14 | New VisionMedical | ₾14.9m | 1.7% | 79.3% | 106.9% | -14.6% |
| 15 | PrimeP&C | ₾10.3m | 1.2% | 57.2% | 119.7% | -33.9% |
| 16 | CartuP&C | ₾6.3m | 0.7% | 35.6% | 87.7% | 11.0% |
| 17 | TAOP&C | ₾4.1m | 0.5% | 57.3% | 60.1% | 24.8% |
| 18 | GreenP&C | ₾3.7m | 0.4% | 26.5% | 67.6% | -2.0% |