Aldagi RE

The first reinsurance company in the Caucasus

In 2022, Aldagi established Aldagi RE, marking the first precedent in Georgia where an insurance company operates in both the insurance and reinsurance segments. Aldagi RE specializes in providing comprehensive risk management solutions that enable businesses and insurance companies to remain financially stable and protected from unforeseen risks.

Our extensive experience makes us a reliable reinsurance partner in the region. We protect the interests of our customers by offering reinsurance conditions tailored to their specific needs.

Our experienced team of experts is always ready to help you optimize your risk management strategies.


The first reinsurance company in the Caucasus

Founded in 1990, Aldagi is one of the first private companies in Georgia. The international rating company AM Best, specializing in the insurance industry, has awarded Aldagi a global rating. This achievement makes Aldagi the first insurance company in Georgia to receive an international rating from AM Best.   Founded in 1990, Aldagi is one of the first private companies in Georgia. In 2022 The international rating company AM Best, specializing in the insurance industry, has awarded Aldagi a global rating. In 2023 AM Best has revised the outlooks to positive from stable and stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+”. The Credit Ratings (ratings) reflect Aldagi’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.

Rated by AM Best
31% 31%

Average ROAE

165% 165%

Solvency Ratio

176 MLN 176 MLN

Total Assets

Aldagi Re Advantages

Flexibility

Flexibility

Tailored service, less bureaucracy, lower minimum premium requirement
Stability

Stability

Profitable long-term growth, solid results
Time-saving

Time-saving

Quick response, timing aligned to clients’ needs

ALL REINSURANCE TREATY MEMBERS ARE A-RATED COMPANIES, LEADER - HANNOVER RE

Type of reinsurance: proportional and non-proportional

insurance direction icon Insurance
Directions

Property insurance (named perils, all risks); BI; MB, MLOP

Engineering lines (CAR, CAR TPL, EAR, ALOP, CPM)

Lines of responsibility - PI¸ GTPL, MTPL, EL

Others - CARGO, Specialty Lines, PA, CASCO

major industries icon Major
Industries

Hotels, malls / malls, business centers, warehouses, factories, power plants in the property line.

Construction of residential complex, road construction/rehabilitation, construction/rehabilitation of industrial facilities in engineering lines.

Reinsurance

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