Georgia Capital 3Q23 & 9M23 Performance Overview
Private large
portfolio companies
EXTERNALLY VALUED
MEDICAL INSURANCE BUSINESS OVERVIEW
Largest medical insurer in the country with 19%¹ market share Offering a variety of medical
insurance products, with a wide distribution network to the Georgian population
Market share by gross premium revenue¹
GCAP medical insurance
Vienna Insurance Group
Ardi
PSP
IC Group
3
Alpha
4
Other
Georgia Capital PLC | 1. ISSSG as of 1H23.
11
32
2
37
19%
64
33%
c.171,000
17%
Number of insured clients
6%
2%
2%
42
42
21%
GEORGIA
CAPITAL
BUSINESSES MAJOR GROWTH DRIVERS
Growing the number of insured clients
Enhancing gross profit through the introduction of "fee
business" (such as motor Casco distribution, motor Third
Party Liability distribution)
⑥Medium to long-term targets
■ Combined ratio <97%
80
87View entire presentation