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Daily News

June 21, 2024

Previous Issues:  Days: < 17 18 19 20 21

 

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business

    IN TOTAL PREMIUM, ATTRACTED IN GEORGIA FROM LAND VEHICLE INSURANCE IN Q1, SHARE OF 3 COMPANIES MADE UP 47.6%

    In the 1st quarter, premium attracted in the country from land transport insurance (except for railway), totaled to 70 million lari (year-on-year growth – 25%), the Georgian State Service for Insurance Supervision reported.

    In total volume, combined share of 3 companies made up 47.6%, or 36.5 million lari.


    IN TOTAL PREMIUM, ATTRACTED IN GEORGIA FROM PROPERTY INSURANCE IN Q1, SHARE OF 3 COMPANIES MADE UP 73%

    In the 1st quarter, premium attracted in the country from property insurance, totaled to 31 million lari (year-on-year growth – 76%), the Georgian State Service for Insurance Supervision reported.

    In total volume, combined share of 3 companies made up 73%, or 22.7 million lari.


    IN TOTAL PREMIUM, ATTRACTED IN GEORGIA FROM LIABILITY INSURANCE IN Q1, SHARE OF 3 COMPANIES MADE UP 76%

    In the 1st quarter, premium attracted in the country from liability insurance, totaled to 8 million lari (year-on-year growth – 25%), the Georgian State Service for Insurance Supervision reported.

    In total volume, combined share of 3 companies made up 76%, or 6.2 million lari.


    IN Q1, CONTRIBUTIONS TO GEORGIA’S NON-STATE PENSION SCHEMES INCREASED BY 36% Y-O-Y

    In the 1st quarter, contributions to the country’s non-state pension schemes totaled to 2.07 million lari, the Georgian State Service for Insurance Supervision reported. If compared to the same period of 2023, the volume has increased by 36%.


    IN Q1, PROFIT OF “CARTU BANK” INCREASED BY 11.7% Y-O-Y

    Cartu Bank reported profit of 8.08 million lari for the 1st quarter. If compared to the same period of 2022, the volume has increased by 50%.


    IN Q1, PROFIT OF “TERABANK” DECREASED BY 8.8% Y-O-Y

    Terabank reported profit of 7.69 million lari for the 1st quarter. If compared to the same period of 2022, the volume has decreased by 8.8%.


    IN Q1, PROFIT OF “PASHA BANK GEORGIA” INCREASED 4 TIMES Y-O-Y

    Pasha Bank Georgia reported profit of 1.38 million lari for the 1st quarter. If compared to the same period of 2022, the volume has increased 4 times.


    IN Q1, LOSS OF “SILK BANK” INCREASED BY 14% Y-O-Y

    Silk Bank reported loss of 1.3 million lari for the 1st quarter. If compared to the same period of 2022, the volume has increased by 14%.


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