The revenue of insurance companies increased

The revenue of insurance companies increased

In QII 2018 the net revenue of insurance companies made 16.34 mln GEL. The assets of the company are worth 699.37 mln GEL and the capital is 180.69 mln GEL.

According to the Insurance State Supervision Service of Georgia, by the end of QII 17 insurance companies were registered, 16 of which hold the life and non-life insurance licenses and only one is licensed for only known life insurance.

Within the accounting period, the insurance premium accumulated from direct insurance activities made 295.28 mln GEL.

Within the accounting period, the damage loss was compensated by GPI Company which was 37.4 mln GEL. It is followed by Imedi L, which compensated 19.2 mln GEL damage and Aldagi with 18.5 mln GEL.

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