Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.
The business has grown from ₹1005 Crores in 2011-12 to ₹1,395 crores in 2020-21, representing a CAGR of 3.71% p.a.

Chart 4.10.1GDPI - Export Credit Insurance

Table 4.10.1Export Credit

2020-21 Value
No. Of Policies 44,337
Premium (in Cr) 1,395
No. Of Claims Reported 3,064
No. Of Paid Claims 1,880
Amt of Paid Claims (in Cr) 1,243
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 2011-12, 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