Export Credit Guarantee Insurance business is carried out by ECGC Ltd., a Public Sector Company.

Chart 4.10.1GDPI - Export Credit Insurance

Table 4.10.1Export Credit

2021-22 Value
No. Of Policies 41,598
Premium (in Cr)  1,107
No. Of Claims Reported 2,474
No. Of Paid Claims 1,691
Amt of Paid Claims (in Cr) 810
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 2012-13, the Net Incurred Claims Ratio has been greater than 60%.

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

Source: Council Compilation as per source
data submitted by companies