25 Jul 2008

2007 total premium of Georgia insurance companies over 100 million lari

2007 Georgia 16 insurance company premiums amounted to 119 million lari (about 1.5 lari one U.S. dollars), representing 41 percent growth in 2006, or 49 million lari; annual compensation in the total amount 71.72 million lari, the rate of compensation 60 per cent.

Georgia medical insurance is the most popular types of insurance. The types of grid 37.35 percent of the insurance market, the premiums amounted to 44.55 million lari; property insurance accounted for 17.06 percent, the premiums amounted to 20.35 million lari; motor insurance accounted for 14.36 percent; finance and insurance accounted for 8.81 percent; life insurance accounted for 3.88 %.

Georgia currently the biggest two insurance companies are Aldagi BCI and the GPI-Holding. 2007 Aldagi BCI insurance company premiums amounted to 41.8 million lari, the amount of compensation 11.6 million lari; GPI-Holding private pension funds insurance premiums amounted to 28.2 million lari, compensation 13.6 million lari.

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