We will call you back.
Just share your number for a call back in less than 15 minutes
Export Credit Guarantee Corporation of India Ltd. (ECGC), an Indian Government Enterprise offers export credit insurance facilities. Ministry of Commerce & Industry has the direct administrative control on ECGC. This Government owned, non-life insurance company is managed by representatives of the Government, banking, exporting, & insurance industry, and Reserve Bank of India. The need of export promotion was felt immediately after independence. Taking into consideration the need of export risk cover, Export Risk Insurance Corporation (ERIC) was founded on 30th July 1957, completely state-owned. The name of the Export Risk Insurance Corporation was later changed to Export Credit & Guarantee Corporation Ltd in 1964.
ECGC offers several export credit risk insurance products to Indian exporters and banks. The Export Credit Guarantee Corporation is the world’s seventh largest credit insurer (on the basis of national exports). The company has authorized capital of Rs. 5000 crores and paid up capital of Rs. 1200 crores.
Friday, Dec 16, 2016 10:00 AM
General insurance companies continued their positive performance in November and posted 29% growth (year-on- year) in gross direct premium.
Thursday, Sep 22, 2016 10:00 AM
General Insurance companies continued to post positive growth at 19.1% (year-on-year)in gross direct premium in the month of August. Data from the General Insurance Council show that private players have seen high premium underwritten as compared to public sector insurance companies.