Business Insurance

Login  |  Register Subscribe

cbVid =

Georgia: Insurance market declines in first quarter 2014 to $50.8 million

June 25, 2014 - 6:00am

Georgia's insurance market declined 20% year on year in the first quarter of 2014 to 88.5 million Georgian laris ($50.8 million), reports Xprimm.

The decline has been attributed to lower premiums in the accident and health insurance segments.

The Georgian insurance market is dominated by JSC Aldagi BCI Insurance Co. and JSC GPI Holding Insurance Co., with market shares of 29.5% and 29.3%, respectively, reported Xprimm.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content