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Tag Archives: Insurance

Georgian International Insurance Conference Takes Place in Tbilisi

Georgian International Insurance Conference, the most important event on the Georgian market dedicated to insurance and reinsurance, and a top-level platform for the exchange of business insights to take place in Tbilisi. It aims to involve all the relevant stakeholders to identify the most appropriate solutions for the market’s growth and to attract the …

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Insured Deposits Exceed 1.5 billion GEL

Insured deposits at commercial banks constituted 1 251 774.70 GEL, which were paid by commercial banks in July 2018. According to Deposits Insurance Agency, as of June 39, total amount of deposits at commercial banks made up 20 419 077 133 GEL, including retail deposits of 10 842 231 644 …

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Only 15% of Population Use Private Medical Insurance Service

Only 15% of population use private medical insurance. According to the information published by Insurance Supervision Service, in the first quarter of 2018, a total of 554 070 citizens owned insurance policy, up 14 885 policies year on year. In whole, the insurance companies attracted about 90 million GEL in …

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Georgian Insurance Market – Industry Evaluates 2017 Year

The Georgian insurance market registers 16 operators. The industry representatives assert that competition is sharp. As a result, customers have access to various insurance products and services. At this stage, the 2017 financial indicators remain unknown. However, according to the official statistics of the Insurance State Office, in January-September insurance …

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Foreigners to Insure Motor Vehicles in Georgia From Next Year

Foreigners will have to insure motor vehicles in Georgia and without doing this they will not be able to move through the territory of the country, the Georgia Online news portal reported. The insurance of foreigners’ civil liability is stipulated by the law, which has already been approved by the …

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Aldagi Introduces Personal Responsibility Insurance

Aldagi insurance company has introduced a personal responsibility insurance package that unites travel insurance, body injury inflicted to the third person and insurance of physical damage of material property. As part of individual insurance, the company offers three different versions of travel insurance: Standard, Comfort and Premium. The mentioned packages …

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