---
title: "AM Best upgrades credit rating of Georgia Capital’s P&C insurance business"
description: "Georgia Capital PLC (the “Company” or “GCAP”) announces today that AM Best, a leading international credit rating agency, has upgraded the credit rating of Alda"
canonical_url: "https://georgiacapital.ge/news/company-news/708-am-best-upgrades-credit-rating-of-georgia-capital-s-p-c-insurance-business"
locale: en
meta:
  author: website
  "og:description": "Georgia Capital PLC (the “Company” or “GCAP”) announces today that AM Best, a leading international credit rating agency, has upgraded the credit rating of Alda"
  "og:image": "https://georgiacapital.ge/gcap_og_image.png"
  "og:image:alt": "AM Best upgrades credit rating of Georgia Capital’s P&C insurance business"
  "og:image:height": "261"
  "og:image:width": "500"
  "og:title": "AM Best upgrades credit rating of Georgia Capital’s P&C insurance business"
---

> Index of every page on this site: [llms.txt](https://georgiacapital.ge/llms.txt)

10 Jul 2025

Follow on socials

Georgia Capital PLC (the “Company” or “GCAP”) announces today that AM Best, a leading international credit rating agency, has upgraded the credit rating of Aldagi, the holding company of GCAP’s P&C insurance business, to the investment grade level of “bbb- (Stable)” from “bb+ (Positive)”, marking the first time a Georgian insurance company has been assigned an international investment-grade credit rating.

 

The rating upgrade reflects AM Best’s view that Aldagi is well positioned to maintain resilient balance sheet strength and sustain its strongest level of risk-adjusted capitalisation, underpinned by prudent capital and underwriting management. The detailed rating announcement is available on [AM Best’s website.](https://news.ambest.com/PR/PressContent.aspx?altsrc=10&RefNum=36194&URatingId=2970370&_gl=1*vysaz4*_ga*MTg0NTkyMTU4OC4xNzQ0Nzk5MjM3*_ga_VNWYD5N5NL*czE3NTIwNDkzOTAkbzgkZzEkdDE3NTIwNjg1NzMkajEyJGwwJGgw)

 

***Irakli Gilauri***, Georgia Capital’s Chairman and CEO commented: "We are proud of Aldagi’s milestone achievement, which highlights the quality of the business. Achieving investment-grade status is a significant step for both Aldagi and the broader Georgian insurance sector."

## Explore more

```json
{
  "@context": "https://schema.org",
  "@type": "CollectionPage",
  "@id": "https://georgiacapital.ge/news/company-news#webpage",
  "url": "https://georgiacapital.ge/news/company-news",
  "name": "Company News",
  "inLanguage": "en",
  "isPartOf": {
    "@id": "https://georgiacapital.ge/#website"
  }
}
```

## Sitemap

See the full [sitemap](https://georgiacapital.ge/sitemap.md) for all pages.