At an event marking Insurance Day in Georgia, the Insurance State Supervision Service of Georgia set out its current priorities for the sector, focusing on raising insurance awareness, supporting wider use of insurance and giving citizens more information about their rights. In remarks at the event, the service's head reviewed measures already taken, challenges in the industry and future plans. The authority also signed a cooperation memorandum with the Georgian Bar Association. The service said premium volume reached GEL 1.4 billion in 2025, keeping the market above the GEL 1 billion threshold for a second consecutive year. Over the past 10 years, the market doubled twice and expanded by 300%. Growth was 18% in 2024, 12% in 2025 and 15% in the first quarter of 2026. Medical insurance remained the largest segment with a 43% market share, and 21% of the population uses medical insurance services. It was followed by motor insurance at 21%, property insurance at 11% and life insurance at 9%. The update also pointed to further growth potential in other lines, especially once compulsory motor third-party liability insurance for vehicle owners comes into force, alongside property, cargo, marine, aviation and life insurance as large projects planned in the country are implemented.

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