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) | ₾429.0m | 41.7% |
| Motor Own Damage (Casco) | ₾194.7m | 18.9% |
| Property | ₾122.0m | 11.9% |
| Life | ₾89.1m | 8.7% |
| Motor TPL | ₾73.9m | 7.2% |
| General TPL | ₾27.2m | 2.7% |
| Aviation Hull |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾179.3m | 17.4% | 61.0% | 140.3% | 11.1% |
| 2 | TBCP&C | ₾172.0m | 16.7% | 44.3% | 89.5% | 45.9% |
| 3 | AldagiP&C | ₾167.8m | 16.3% | 52.9% | 90.7% | 23.3% |
| ₾16.3m |
| 1.6% |
| Personal Accident | ₾14.8m | 1.4% |
| Cargo | ₾14.6m | 1.4% |
| Suretyships | ₾13.3m | 1.3% |
| Aviation TPL | ₾11.6m | 1.1% |
| Travel | ₾11.1m | 1.1% |
| Misc. Financial Loss | ₾7.6m | 0.7% |
| Marine Hull | ₾2.1m | 0.2% |
| Credit | ₾357k | 0.0% |
| Railway | ₾33k | 0.0% |
| Marine TPL | ₾26k | 0.0% |
| 4 | Imedi LMedical | ₾93.2m | 9.1% | 69.3% | 94.6% | 19.0% |
| 5 | ArdiP&C | ₾90.0m | 8.8% | 70.9% | — | — |
| 6 | IRAOP&C | ₾68.0m | 6.6% | 58.5% | 95.2% | 19.9% |
| 7 | UnisonP&C | ₾52.4m | 5.1% | 60.5% | 89.3% | 14.8% |
| 8 | WizerMedical | ₾40.5m | 3.9% | 66.5% | 97.3% | 13.5% |
| 9 | Global BenefitsMedical | ₾39.9m | 3.9% | 75.9% | 104.2% | -17.6% |
| 10 | BB InsuranceP&C | ₾20.6m | 2.0% | 24.0% | 78.7% | 17.3% |
| 11 | AlphaP&C | ₾20.4m | 2.0% | 63.4% | 101.2% | 17.5% |
| 12 | New VisionMedical | ₾19.3m | 1.9% | 71.5% | 92.1% | 14.5% |
| 13 | Georgian Ins. GroupP&C | ₾18.5m | 1.8% | 57.1% | 89.7% | 18.9% |
| 14 | EuroinsP&C | ₾18.3m | 1.8% | 55.2% | 111.6% | 0.3% |
| 15 | PrimeP&C | ₾12.0m | 1.2% | 62.6% | 114.3% | -16.0% |
| 16 | CartuP&C | ₾7.0m | 0.7% | 32.7% | 78.8% | 15.3% |
| 17 | TAOP&C | ₾4.4m | 0.4% | 31.6% | 44.1% | 27.4% |
| 18 | GreenP&C | ₾4.2m | 0.4% | 14.5% | 52.6% | 12.7% |