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GPI Holding Draws Major Insurance Premium

GPI Holding Draws Major Insurance Premium

GPI Holding is leader in terms of volume of attracted insurance premium. According to materials published by Insurance Supervision Agency, in the second quarter of 2017 the company drew 64mln GEL insurance premium, up 14mln GEL as compared to the same period of 2016.

Aldagi insurance company ranks second with 49mln GEL, up 7mln GEL year on year (42mln GEL in the same period of 2016). Imedi L is third with 30mln GEL insurance premium, down from 43mln GEL in the same period of 2016.

PSP Insurance has recorded a slight contraction too. This year the company drew 27.28mln GEL in the second quarter, while the figure totaled 27.81mln GEL in the same period of 2017.

ARDI ranks fifth with 19.17mln GEL insurance premium, up 3mln GEL year on year, up from 15.86mln GEL.  At the end of the second quarter of 2017, sixteen insurance companies were registered and 15 ones own life and nonlife insurance licenses.