Home / Tag Archives: Insurance (page 4)

Tag Archives: Insurance

Azerbaijan to Apply Unemployment Insurance

The system of mandatory unemployment insurance will be created in Azerbaijan. Oxu.Az reports citing to Trend that, according to sources in the Ministry of Labor and Social Protection, a bill on this issue has already been prepared. “The project identifies legal, economic and organizational issues in connection with the insurance …

Read More »

June13 Disaster Didn’t Strengthen Insurance Culture in the Country

The insurance culture in the country is still at a low level. In this regard, the changes were expected after the June 13 disaster when a number of companies and citizens faced huge material losses. Nevertheless, as the insurance companies say, demand for the real property insurance has not noticeably …

Read More »

Advanced Insurance System can be an Alternative to the Banks

An interview with the former head of the Insurance Supervision Service Lasha Nikoladze Today many talk about the need for some types of compulsory insurance – for example, vehicle insurance. However, the ongoing process was put on hold and gives the impression that the government does not risk to make unpopular …

Read More »

Kopenbur Deceives Beneficiaries

Kopenbur insurance company is considered a new player in the Georgian insurance sector. Besides life and health insurance products, the company also provides a wide spectrum of insurance services with a focus on a vehicle insurance package and competitive tariffs. Nevertheless, the market monitoring has showed the company provides ambiguous …

Read More »

Giorgi Gigolashvili: We Should Develop Insurance Culture in Georgia

The June 13 natural disaster has left clear messages to the Georgian society that the insurance culture in Georgia remains undeveloped. Insurance companies have remunerated only a 1/8 part of total losses. In his interview to the Banks&Finances Giorgi Gigolashvili, a head of the Insurance Institute, talks about the current …

Read More »

Insurance Industry has Shown a High Level of Solidarity

An interview with  the Head of the State Insurance Supervision Service  Ioseb  Gogolashvili Tbilisi disaster was a big test for the insurance industry in Georgia. How did it cope with it? I cannot imagine any country in the world where insurance business showed such  solidarity with the victims, and so quickly …

Read More »