General Director of TBC Insurance, Paata Ghadzadze evaluates 2022.
Paata Ghadzadze says that the market has grown at a double-digit rate last year, which is not much, but it is an acceptable rate in the post-pandemic period.
"2022 is considered a post-covid year. According to the data of 11M2022, there is an increase. If the market was growing by 14-16% until now, in 2022, it grew by 10% y-o-y. Compared to other types of industries that have declined, there is still stability here. There is a double-digit growth, 10% is not much, but it is the growth. TBC insurance increased by 27%, which indicates that we have the so-called marketmaker positions", said Ghadzadze.
