Based on 3Q2018 data, Georgian insurer UNISON has improved its positions on the market and entered TOP-5 insurance companies in terms of GWP, according to the regulator's statistics.

Total GWP of the market in 2018 keeps the growth trend. The market has increased by almost 21% y-o-y and UNISON was 3 times ahead of the market growth rate. The company's GWP increased by 63% y-o-y, as the data show.

As a result, UNISON moved to TOP-5 in general in terms of collected premiums. In 2018 the insurer had a significant improvement in property insurance. The company moved to the second place and took 22% of the property insurance market.

UNISON remains an unconditional leader of the market of air and marine transport insurance, and also had significant progress in travel insurance, where it took the 3^rd place in the retail segment. UNISON keeps stable growth in health insurance and motor insurance as well.

In 2018 UNISON paid claims amounted to GEL 9.8 million, which is 63% of its net premiums for the period under consideration. GEL 8.2 million of that were paid in medical insurance.

*1 EUR = GEL 3.0306 (30.09.2018)