In 2023, the number of insured air vehicles in Georgia amounted to 84 units, which is 13% less y-o-y, according to the financial reports of insurance companies, commersant wrote.

The top three leaders in terms of the number of insured aircraft and collected premiums in this segment include:

BB insurance - 63 units; GEL 6.6 million/~EUR 2.22 million;

Unison – 14 units; GEL 8.4 million/~EUR 2.82 million;

Aldagi – 3 units; GEL 376,003/~EUR 0.12 million.

Over the 9 months of 2023, companies generated a total of GEL 12.9 million in the segment, which is approximately 1.3 times more y-o-y (vs GEL 9.58 million for 9M2022).

1 EUR = 2.9753 GEL (December 31st, 2023)