The net profit of insurance companies saw a decline of 2 million GEL in the first 9 months of 2025, falling from 115 million GEL to 113 million GEL compared to the same period in 2024, the Insurance State Supervision Service reports.

Insurance companies recorded almost 1.1 billion GEL in revenue in the first 9 months of 2025, marking an 11.6% rise.

As of the data for the first 9 months of the current year, only one company in the market is operating at a loss, with TBC Insurance reporting the highest profit.

TBC Insurance - 34 million GEL;

Aldagi - 26.15 million GEL;

Imedi L – 10.8 million GEL;

GPI - 10.5 million GEL;

Ardi - 7.4 million GEL;

IRAO - 6.4 million GEL;

BB Insurance - 4.7 million GEL;

TAO - 2.5 million GEL;

Unison - 1.7 million GEL;

Green Insurance Georgia - 1.6 million GEL;

Cartu - 1.5 million GEL;

Euroins Georgia - 1.3 million GEL;

Insurance Group - 1.3 million GEL;

Autograph - 1.2 million GEL;

New Vision Insurance - 1 million GEL;

Global Benefits Georgia - 651,182 GEL;

Alpha - 358,928 GEL;

Prime - 291,540 GEL;

Weiser — loss of 83,060 million GEL.

As of September 30, 2024, there are 19 registered insurance companies holding life and non-life insurance licenses.