The Insurance State Supervision Service of Georgia presented its 2025 insurance sector report and results for the first five months of 2026 to its supervisory board, which gave a positive assessment of the service's work. The meeting also highlighted the service's initiative to establish a training center focused on preparing certified insurance specialists and retraining employees working in the insurance sector. The service said the market has grown steadily, with insurance premiums doubling over the past five years. Premiums exceeded GEL 1.4 billion in 2025, up 12% from the previous year. As of 2025, Georgia had 19 registered insurance companies and 26 insurance brokers. Health insurance accounted for the largest share of the market at 43%, followed by motor insurance at 21%. The service also emphasized its supervisory role in supporting insurers' financial stability and protecting consumer rights.
Insurance State Supervision Service of Georgia2026-07-10
Insurance State Supervision Service of Georgia presents 2025 insurance sector report and outlines training center initiative
The Insurance State Supervision Service of Georgia presented its 2025 insurance sector report and first five months of 2026 results to its supervisory board, which positively assessed the service's work. It also outlined an initiative to create a training center for certified insurance specialists and professional retraining. Premiums exceeded GEL 1.4 billion in 2025, up 12% year on year, with health insurance holding the largest market share at 43%.