Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.
The business has grown from ₹813 Crores in 2009-10 to ₹1,248 crores in 2018-19, representing a CAGR of 4.88% p.a.

Chart 4.10.1GDPI - Export Credit Insurance

Table 4.10.1Export Credit

2018-19 Value
No. Of Policies 49,938
Premium (in Cr) 1,248
No. Of Claims Reported 2,316
No. Of Paid Claims 725
Amt of Paid Claims (in Cr) 1,013
Premium booked in India considered

Source: Council Compilation as per source
data submitted by companies

The Gross Incurred Claims Ratio has varied significantly over the observed period. Since 2009-10, the Net Incurred Claims Ratio has been greater than 80%.

Chart 4.10.2Gross & Net Incurred Claims Ratio - Export Credit

Source: Council Compilation as per source
data submitted by companies

Chart 4.10.3Rural vs Urban Premium - Export Credit

Chart 4.10.4Channelwise GDPI - Export Credit

Source: Council Compilation as per source
data submitted by companies