Daily News December 6, 2024	Days:  29 03 04 05 06

politics

BECAUSE OF GRAVE SITUATION WITH HUMAN RIGHTS IN THE COUNTRY, GEORGIAN CIVIL ORGANIZATIONS TO TURN TO INTERNATIONAL MECHANISMS

In connection with grave situation with human rights in the country, Georgian civil society organizations will turn to international mechanisms, such as the Council of Europe’s Commissioner for Human Rights, ODIHR, UN special rapporteurs.

In the statement released today, the organizations indicated various crimes committed against the vast majority of peaceful demonstrators, including torture, inhuman and degrading treatment; illegality and inadequacy of the means used to disperse protests; illegal detentions and searches; deliberate assaults on journalists, etc.




GEORGIAN PREMIER: INTENTION OF RADICAL OPPOSITION WAS TO SLOW DOWN ECONOMIC DEVELOPMENT OF THE COUNTRY, BUT IMPLEMENTATION OF ALL ECONOMIC PROJECTS WILL CONTINUE

One of the goals of the radical opposition and its patrons was to impede economic development of the country, Georgia’s Prime Minister Irakli Kobakhidze declared at the news briefing today. “However, I have to disappoint them”, he said, stressing that “implementation of all economic projects will continue, investments will arrive”.




GEORGIAN ECONOMISTS TO “GEORGIAN DREAM”: RETURN THE COUNTRY TO THE PATH OF DEMOCRATIC DEVELOPMENT

Seeing inevitable, significant economic losses as a result of the recent decisions of the Georgian Dream, we call on the authorities of Bidzina Ivanishvili to return the country to the path of democratic development, where citizens will have freedom of expression and choice, Georgian economists said in the appeal. They demand also the immediate release of illegally detained protesters and the punishment of police officers who used violence.

economics

NBG CONDUCTED FIRST CLIMATE STRESS TEST

The National Bank of Georgia (NBG) reported about first climate stress test being conducted in the country. The purpose of the stress test was assessment of the potential impact of climate risks on the financial sector of Georgia, NBG said.




FOR 9 MONTHS, NET PROFIT OF GEORGIAN INSURANCE COMPANIES INCREASED 1.8 TIMES Y-O-Y

For January-September, 19 insurance companies operating in Georgia reported a net profit of 114.6 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2023, the volume has increased 1.8 times.




FOR 9 MONTHS, 3 TYPES OF INSURANCE ACCOUNTED FOR 74.5% OF PREMIUM ATTRACTED IN GEORGIA

In total premium, attracted by Georgia’s 19 insurance companies in January-September (982.57 million lari), 3 types of insurance accounted for 74.5%, or 731.77 million lari. In the same period of 2023, these 3 types accounted for 73.8%, Georgian State Service for Insurance Supervision reported.

business

FOR 9 MONTHS, REIMBURSEMENTS BY GEORGIAN INSURANCE COMPANIES INCREASED BY 28% Y-O-Y

In January-September, reimbursements by 19 insurance companies operating in Georgia amounted to 573 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2023, the volume has increased by 28%.




3 COMPANIES ATTRACTED 59.6% OF GEORGIA’S TOTAL MEDICAL INSURANCE PREMIUM FOR 9 MONTHS

In January-September, 19 companies operating in Georgia attracted medical insurance premium of 428 million lari (year-on-year growth – 20.9%), Georgian State Service for Insurance Supervision reported.

In total volume, 3 companies accounted for 59.6%, or 255.3 million lari.