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) | ₾502.7m | 41.8% |
| Motor Own Damage (Casco) | ₾242.3m | 20.2% |
| Property | ₾130.0m | 10.8% |
| Life | ₾107.6m | 8.9% |
| Motor TPL | ₾80.2m | 6.7% |
| General TPL | ₾31.3m | 2.6% |
| Aviation Hull |
| # | Insurer | GWP | Share | Loss ratio | Combined | ROE |
|---|---|---|---|---|---|---|
| 1 | GPI HoldingP&C | ₾214.2m | 17.8% | 52.0% | 137.8% | 30.5% |
| 2 | TBCP&C | ₾207.0m | 17.2% | 46.7% | 88.3% | 44.1% |
| 3 | AldagiP&C | ₾189.8m | 15.8% | 51.2% | 88.1% | 32.4% |
| ₾21.1m |
| 1.8% |
| Cargo | ₾16.7m | 1.4% |
| Personal Accident | ₾16.6m | 1.4% |
| Travel | ₾15.1m | 1.3% |
| Aviation TPL | ₾15.0m | 1.3% |
| Suretyships | ₾14.2m | 1.2% |
| Misc. Financial Loss | ₾7.2m | 0.6% |
| Marine Hull | ₾1.8m | 0.1% |
| Marine TPL | ₾187k | 0.0% |
| Credit | ₾76k | 0.0% |
| Railway | ₾23k | 0.0% |
| 4 | Imedi LMedical | ₾116.1m | 9.7% | 66.1% | 93.4% | 32.9% |
| 5 | ArdiP&C | ₾100.7m | 8.4% | 40.9% | 90.3% | 19.6% |
| 6 | IRAOP&C | ₾81.7m | 6.8% | 57.0% | 97.3% | 25.9% |
| 7 | Global BenefitsMedical | ₾57.8m | 4.8% | 77.5% | 103.1% | -11.4% |
| 8 | WizerMedical | ₾52.8m | 4.4% | 77.7% | 110.7% | -9.9% |
| 9 | UnisonP&C | ₾49.2m | 4.1% | 41.8% | 74.5% | 35.4% |
| 10 | BB InsuranceP&C | ₾32.9m | 2.7% | 26.6% | 88.1% | 19.8% |
| 11 | AlphaP&C | ₾24.7m | 2.1% | 63.4% | 99.5% | 9.8% |
| 12 | EuroinsP&C | ₾22.3m | 1.9% | 47.5% | 106.3% | -8.3% |
| 13 | New VisionMedical | ₾20.4m | 1.7% | 63.8% | 90.3% | 19.3% |
| 14 | Georgian Ins. GroupP&C | ₾12.0m | 1.0% | 79.5% | 91.5% | 20.7% |
| 15 | PrimeP&C | ₾11.0m | 0.9% | 60.5% | 106.7% | 1.7% |
| 16 | CartuP&C | ₾8.1m | 0.7% | 36.7% | 85.1% | 16.9% |
| 17 | TAOP&C | ₾3.7m | 0.3% | 62.5% | 69.2% | 18.5% |
| 18 | GreenP&C | ₾3.6m | 0.3% | 11.5% | 50.4% | 9.0% |
| 19 | AutographP&C | -₾6.1m | -0.5% | -252.9% | 101.5% | 118.9% |