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 |
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