Georgian insurance sector calls for introducing third party obligatory insurance component. New regulations will draw 70 million USD to the country. The due bill has been already developed and forwarded to the government”, Devi Khechinashvili, head of Association of Insurance Companies, told Business Course. -Mr. Devi, insurance companies raised this …
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Health Minister Criticizes Insurance Companies
Health Minister David Sergeenko has criticized insurance companies. However, insurance industry representatives do not agree with the Minister’s remarks. It is the Government’s habit to point fingers to insurance companies, the industry representatives said. As reported, Health Ministry plans to launch the second phase of reforms to increase efficacy of …
Read More »Insurance Usually Used by Only Corporation Sector in Georgia
“The population unfortunately does not buy insurance and usually, only corporation sector is is insured”-declared the head of Insurance Association, Devi Khechinashvili. He claims that the health insurance is usually sold to state organizations. “I don’t understand the reason why we could not suit an Estonian model with our 6 …
Read More »Devi Khechinashvili: Foreign Insurance Companies have no Incentive to Enter the Georgian Market
Foreign insurance companies do not have any incentive to enter the Georgian market. CBW was told by the Chairman of the Insurance Association Devi Khechinashvili. According to him, Georgia is a unique market but needs a push. At each meeting the government says the work in this direction should become more …
Read More »Insurance Association: None of Compulsory Insurance is Enacted in Georgia
An interview with the head of the Georgian Insurance Association Devi Khechinashvili What experience did the country gain as a result of thenatural disaster in Tbilisi, if we look at the issue from the perspective of the insurance industry? Today, the government and experts say that the total damage from …
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