In 2022, the net profit of the insurance sector stood at GEL 210,263,504 (in 2021- GEL 154,350,208).


The insurance sector’s other financial indicators in 2022 are as follows:

Gross premiums - 802,452,683 GEL;

Earned premium (net insurance income) - 471,413,121 GEL;

Reimbursed damages - 471,413,121 GEL.

For comparison, similar data for the end of 2021 were as follows:

At the end of 2021 the figures were as follows:

Gross raised premiums - 687,381,047 GEL;

Earned premium (net insurance income) — 456,810,727 GEL

Reimbursed damages - 411,333,773 GEL

Insurance net profit - 154,350,208 GEL.