Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.
The business has grown from ₹885 Crores in 2010-11 to ₹1,388 crores in 2019-20, representing a CAGR of 5.11% p.a.
Chart 4.10.1GDPI - Export Credit Insurance
Table 4.10.1Export Credit
2019-20 | Value |
No. Of Policies | 49,897 |
Premium (in Cr) | 1,388 |
No. Of Claims Reported | 3,544 |
No. Of Paid Claims | 1,546 |
Amt of Paid Claims (in Cr) | 598 |
Source: Council Compilation as per source
data submitted by companies
The Gross Incurred Claims Ratio has varied significantly over the observed period. Since 2010-11, 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