Non-life insurance development factors in Georgia

Abstract

Insurance is an important support and guarantee tool for the expansion of entrepreneurial activities, production and exchange operations. It should be noted that non-life insurance is not too popular subject in Georgia today, for a number of reasons; There is little interest and education of the population in this area, as evidenced by statistics and numbers, the number of insured in this area is quite small, both individuals and legal entities;

The purpose of this article is to present the non-life insurance contributing factors in Georgia;

The object of the article is the Georgian non-life insurance market;