The total assets of the insurance sector amounted to GEL 1,105,515,789 by the end of 2022. The annual balance data for the end of 2022 are as follows:
|
N |
Name |
amount, GEL |
|
1 |
Total assets |
1,105,515,789 |
|
including: |
|
|
|
Insurance claims |
299,013, 023 |
|
|
The share of the reinsurer in insurance reserves |
140,167,586 |
|
|
2 |
Total liabilities |
762,270, 929 |
|
including : |
|
|
|
Gross Insurance Reserves |
515,818,206 |
|
|
Insurance obligations |
139,252,452 |
|
|
3 |
Total capital |
343,244,860 |
|
including: |
|
|
|
Share capital |
242,764,343 |
|
|
Net profit for the period |
39,155,283 |
For comparison, similar data for the end of 2021 were as follows:
|
N |
Name |
Amount, GEL |
|
1 |
Total assets |
985,436,194 |
|
including : |
|
|
|
Insurance claims |
262,547,561 |
|
|
The share of the reinsurer in insurance reserves |
146,673,520 |
|
|
2 |
Total liabilities |
661,379,781 |
|
including : |
Gross Insurance Reserves | |
|
Insurance obligations |
||
|
111,904,231 |
||
|
3 |
Total capital |
324,056,413 |
|
including: |
|
|
|
Share capital |
228,194,830 |
|
|
Net profit for the period |
39,914,523 |