EU Twinning Project “Capacity Building of Insurance State Supervision Service of Georgia” (ISSSG) aims to support Georgia in fulfilling the obligations undertaken from Association Agreement between Georgia and EU to ensure the efficiency, accountability and safety of the financial sector and its further improvement.
The objective of the EU Twinning Project is to strengthen the institutional and human capacity of the Insurance State Supervision Service of Georgia (ISSSG) by aligning the relevant legal framework with EU regulations in terms of Solvency II standards.
The project started in November, 2019 and lasted for two years and ten months.
EU Twinning Project ‘’Capacity Building of Insurance State Supervision Service of Georgia (ISSSG)
Diplomatic Service of the European Union
Ministry of Foreign Affairs of Georgia
General Directorate of Insurance and Pension Funds
LEPL Insurance State Supervision Service of Georgia (ISSSG)
Service is a member of:
International Association of Insurance Supervisors (IAIS)
International Organisation of Pension Supervisors (IOPS)
Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and Georgia
Insurance Core principles (ICPs) of International Associaction of Insurance Supervisors
Principles of Private Pension Supervision (IOPS principles) of International Organisation of Pension Supervisors
Information on the seizure of or removing the seizure from the property of persons listed by the UN Security Council Resolutions