{"id":1325,"date":"2019-10-29T06:20:45","date_gmt":"2019-10-29T06:20:45","guid":{"rendered":"https:\/\/www.gicouncil.in\/yearbook\/?page_id=1325"},"modified":"2022-01-28T08:17:43","modified_gmt":"2022-01-28T08:17:43","slug":"export-credit","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/indian-non-life-insurance-industry-analysis\/section-04-segmentwise-business-highlights\/export-credit\/","title":{"rendered":"4.10 &#8211; Export Credit"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.<br>The business has grown from \u20b91005 Crores in 2011-12 to \u20b91,395 crores in 2020-21, representing a CAGR of 3.71% p.a.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><div class=\"wp-block-columns w-two-one\">\n\t<div class=\"wp-block-column_2\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.10.1<\/span>GDPI - Export Credit Insurance<\/h3><div id=\"Chart_199\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        column_chart(\"Chart_199\", {\"unit\":\"(\\u20b9 in Crores)\",\"data\":{\"Gross Direct Premium\":{\"2011-12\":1005,\"2012-13\":1157,\"2013-14\":1304,\"2014-15\":1362,\"2015-16\":1321,\"2016-17\":1268,\"2017-18\":1240,\"2018-19\":1248,\"2019-20\":1388,\"2020-21\":1395}},\"Title\":\"GDPI - Export Credit Insurance\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"xAxisData\":{\"2011-12\":\"2011-12\",\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\"},\"colorCodes\":[\"#584e4d\"]});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column_1\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Table 4.10.1<\/span>Export Credit<\/h3><table width=\"100%\" class=\"\">    <tbody>        <tr>                    <td>                        2020-21                    <\/td>                    <td>                        Value                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Policies                    <\/td>                    <td>                              44,337                     <\/td>        <\/tr>        <tr>                    <td>                            Premium (in Cr)                    <\/td>                    <td>                              1,395                     <\/td>        <\/tr>        <tr>                    <td>                            No. Of Claims Reported                    <\/td>                    <td>                              3,064                     <\/td>        <\/tr>        <tr>                    <td>                            No. Of Paid Claims                    <\/td>                    <td>                              1,880                     <\/td>        <\/tr>        <tr>                    <td>                            Amt of Paid Claims (in Cr)                    <\/td>                    <td>                              1,243                     <\/td>        <\/tr>    <\/tbody><\/table>\n                <span style=\"margin-left: 139px;font-size:13px\"> <i>Premium booked in India considered<\/i><\/span>\n\t<\/div>\n<\/div><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-right\"><em> <strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>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%.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.10.2<\/span>Gross & Net Incurred Claims Ratio - Export Credit<\/h3><div id=\"Chart_200\" class=\"chart-div\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        multiline_chart(\"Chart_200\", {\"unit\":\"%\",\"data\":{\"Gross Incurred Claims Ratio\":{\"2011-12\":\"121.3\",\"2012-13\":\"101.1\",\"2013-14\":\"87\",\"2014-15\":\"141.2\",\"2015-16\":\"103.7\",\"2016-17\":\"147.2\",\"2017-18\":\"123.1\",\"2018-19\":\"144.2\",\"2019-20\":\"95.7\",\"2020-21\":\"90.3\"},\"Net Incurred Claims Ratio\":{\"2011-12\":\"88.7\",\"2012-13\":\"102.1\",\"2013-14\":\"82.2\",\"2014-15\":\"114.2\",\"2015-16\":\"102.2\",\"2016-17\":\"121.2\",\"2017-18\":\"135.7\",\"2018-19\":\"133.6\",\"2019-20\":\"112.3\",\"2020-21\":\"106.1\"}},\"Title\":\"Gross & Net Incurred Claims Ratio - Export Credit\",\"xTitle\":\"Year\",\"yTitle\":\"Claim Ratio (%)\",\"yAxisData\":{\"2011-12\":\"2011-12\",\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\"},\"colorCodes\":[\"#9a70ab\",\"#76828c\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right\"><em> <strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<style>\n.highcharts-container{\nheight: 420px !important;\n}\n<\/style>\n<div class=\"wp-block-columns has-2-columns\">\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.10.3<\/span>Rural vs Urban Premium - Export Credit<\/h3><div id=\"Chart_293\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_293\", {\"data\":{\"Rural Premium\":26,\"Urban Premium\":1369},\"Title\":\"\",\"SeriesTitle\":\"Rural vs Urban Premium - Export Credit\",\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.10.4<\/span>Channelwise GDPI - Export Credit<\/h3><div id=\"Chart_294\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_294\", {\"data\":{\"Individual Agents\":9,\"Corporate Agents-Bank\":1,\"Brokers\":357,\"Direct Business- Other than internet\":1029},\"Title\":\"\",\"SeriesTitle\":\"Channelwise GDPI - Export Credit\",\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right\"><em> <strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.The business has grown from \u20b91005 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":9,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/1325"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/comments?post=1325"}],"version-history":[{"count":23,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/1325\/revisions"}],"predecessor-version":[{"id":2520,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/1325\/revisions\/2520"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/media?parent=1325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}