Export Credit Guarantee Corporation of India Limited

Export Credit Guarantee Corporation of India Limited

Export Credit Guarantee Corporation of India Limited


The Export Credit Guarantee Corporation of India Limited (ECGC) was founded on 30th July 1957. The ECGC of India Limited is a company entirely owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce. Indian Government had initially set up Export Risks Insurance Corporation (ERIC) in July 1957. It was changed into Export Credit and Guarantee Corporation Limited (ECGC) in 1957 and to Export Credit Guarantee Corporation of India in 1983.


It's main aim is to provide insurance cover in respect of risks in export trade.These risk may include loss of money on account of the overseas buyer becoming bankrupt or sudden import or exchange limits resulting in stopping of payments etc.


Types of Plans: Export Credit Guarantee Corporation of India Limited


Export Credit Insurance for Exporter: This plan is available in short term and long term basis as well. Further, it is divided into Turnover, exposure, shipment, constructions work and several other sections that provide you maximum coverage and also offers helpful and attractive benefits.


Export Credit Insurance For Banks: This plan is designed to provide maximum coverage that include pre and post shipment coverage, etc. It offers unique coverage which secures your money easily.


Apart from these main coverages, you may also get special coverage that includes
•    Buyers Credit cover
•    Line of credit cover
•    Overseas insurance
•    Factoring
•    Customer specification covers
•    NEIA



Premium Comparison of Top 5 Companies With Export Credit Guarantee Corporation of India Limited




Company Name 2013 2014
Agriculture Insurance Company of India Limited32973395
The New India Assurance Company Limited27543316
National Insurance Company Limited25613031
United India Insurance Company Limited26432660
The Oriental Insurance Company Limited16341898
Export Credit Guarantee Corporation of India Limited11571304



Contact Address

10th Floor, Express Towers, Nariman Point, Mumbai ? 400021.

Tel :022-56590512-515 Fax : 022-56590517 022-56590530

Company Website


Latest Ecgc Health Insurance News

New India Assurance Gets Rs 1,430 Crore Relief From IRDA

The Insurance Regulatory and Development Authority of India has providded relief to the New India Assurance from a big insurance claim of Rs 1,430 crore from Nectar life Sciences. The pharma corporation had bought a marine shipment transit cover from New India Assurance, under Open Marine cargo for Rs 1,430 crores for the period of

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Friday October 28, 2016

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Friday October 28, 2016

Soft Reinsurance Rates a Worry: National Insurance Company

National Insurance CMD, Sanath Kumar stated that the international rates for reinsurance products have remained soft for the last 6-7 years. The markets have been flush with capital. CAT bonds that are issued for catastrophic events have proved popular as they offer 4-5 times returns. “Currently some of the insurance portfolios like motor and health

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Friday October 28, 2016

Soft Reinsurance Rates a Worry: National Insurance Company

National Insurance CMD, Sanath Kumar stated that the international rates for reinsurance products have remained soft for the last 6-7 years. The markets have been flush with capital. CAT bonds that are issued for catastrophic events have proved popular as they offer 4-5 times returns. “Currently some of the insurance portfolios like motor and health

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Friday October 28, 2016

National Insurance ‘Ready’ for Listing in Bourses

On Wednesday, the National Insurance Company said that it is ready if the authority starts the procedure of listing of state-run general insurance companies on the stock exchanges. “In principle, the government announced that government-owned companies would be up for listing. We are ready if they want to start the process. It’s the government’s call, they have

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Friday March 18, 2016

General Insurance: Senior Posts Vacant

In the general insurance industry, numerous senior profiles are vacant. This is especially in the state-owned insurance companies. The vacant profiles are of the Chairman and Managing Director (CMD) at National Insurance Company, General Insurance Corporation of India, apart from member (non-life) and Insurance Regulatory and Development Authority of India (IRDAI). In the National Insurance Company,

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Wednesday December 09, 2015

Kochi: CM To Launch Student Insurance Policy

August 6, 2015: On 10 August, the Chief Minsiter of Kerala will introduce the student insurance policy which is to be implemented by Anwar Sadath, MLA, in his Aluva constituency. This new policy is a part of the Aksharatheeram Comprehensive Educational Program that is implemented in Aluva. According to the Mr. Sadath, each student of

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Thursday August 06, 2015

Aluva: Insurance Scheme For Students Coming Soon

June 3, 2015: Now, the school going children of Aluva (Kochi) will get the safety net around them from this academic year and onwards. In a special plan, Anwar Sadath (Aluva MLA), in association with Oriental Insurance Company Limited has planned a proposal that is about to provide free health insurance coverage to more than

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Wednesday June 03, 2015

Akshay Kumar: Insured For Rs 35 Crore Under Personal Accident Policy

Akshay Kumar has been insured for Rs 35 crore under a personal accident policy. The policy is purchased by the Hari Om Entertainment and Sunshine Pictures for ‘Holiday’. This is the highest cover taken by a Bollywood star confirmed by an executive of the Oriental Insurance company. Except Kumar, the other highest paid actors of Bollywood

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Wednesday May 27, 2015

New India Assurance Gets Rs 1,430 Crore Relief From IRDA

The Insurance Regulatory and Development Authority of India has providded relief to the New India Assurance from a big insurance claim of Rs 1,430 crore from Nectar life Sciences. The pharma corporation had bought a marine shipment transit cover from New India Assurance, under Open Marine cargo for Rs 1,430 crores for the period of

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Friday October 28, 2016

Pune: Insurer To pay Rs 21 lakh Compensation

The Motor Accident Claims Tribunal (MACT) has ordered an insurance company to pay Rs 21 lakh compensation to the family members of a victim ruling that the firm “cannot escape liability by seeking benefit of its own wrong”. In Pimpri, the court, presided over by D M Deshmukh, has directed the New India Assurance Company

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Friday November 06, 2015

Insurers Are Chasing ISL Organisers

The Indian Super League has led insurance companies to chase the teams and organisers for business. The total insurance coverage for the eight-team ISL is Rs 600 crore, confirmed by a source. “Each franchise has taken an insurance cover of Rs 50 crore for loss of pay, personal accident and public liability ,” an executive

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Thursday October 15, 2015

ICICI Lombard General Insurance Starts a New Campaign

ICICI Lombard General insurance Company has launched a new campaign with an objective to make two-wheeler owners aware about why they should secure their bike and the significance of having coverage. Dentsu Aegis network’s digital enterprise, iProspect has created a video, that captures the reactions of some of the people from different ages, companies, genders and

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Friday October 28, 2016

Insurance JV: Paytm in talks with ICICI

Paytm, a well known eCommerce company, is in conversation with ICICI Group, ICICI Bank, ICICI Prudential and ICICI Lombard for its banking and insurance ventures. It is also in discussion with Citibank, IndusInd and a few other small-finance banks for banking partnerships. When it comes to mutual fund partners, Paytm is talking to SBI Mutual

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Thursday January 21, 2016

New Crop Insurance Interests Private Insurance Companies

The Pradhan Mantri Fasal Bima Yojana is likely to see great interest from private general insurance companies, with one authority to execute the plan and accessibility of localized risk coverage. As per the insurers, this will be helpful since, unlike previously where there was a claim subsidy, this plan will provide premium subsidy and be

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Thursday January 21, 2016