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Insurance Sector Doubles Profits
29 May, 2020, 15:14
Insurance Sector Doubles Profits

Tbilisi (GBC) – Net profits of insurance companies in the first quarter of 2020 amounted to 41.5 million GEL, the figure doubled year on year. The sector’s net profits marked 8.3 million GEL in January to March 2019.

Insurance premium attracted in January-March 2020 constituted 211.1 million GEL form direct insurance business, while the insurance profits of insurers made up 41.5 million GEL in the same period.

Companies due to insurance premium attracted:

 

GPI- 47.3 million GEL

Imedi  L – 31.1 million GEL

TBC - 21.8 million GEL

Aldagi - 18.9 million GEL

Ardi - 18.3 million GEL

 



 

 

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