In 9 months of 2024, the insurance premium collected from direct insurance activities amounted to 983 million GEL- the Insurance State Supervision Service reports.
In the same period, the insurance profit of insurers stood at 243 million GEL, the net profit totaled 115 million GEL.
The total amount of assets of insurance companies reaches 1,532 million GEL, the capital stands at 451 million GEL.
As of September 30, 2024, there are 19 registered insurance companies holding life and non-life insurance licenses.