Question : Claims Settled by ECGC

(a) the details and the total number of claims settled and paid by the Export Credit Guarantee Corporation (ECGC) during the last three years and the current year;
(b) the total amount paid by ECGC during the said period; and
(c) the details of total premium received under the insurance schemes during the period?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE)
(SMT. NIRMALA SITHARAMAN)

(a) to (c): The total number of claims settled and paid, the total amount paid and the total premium received under insurance scheme by ECGC Ltd (Formerly Export Credit Guarantee Corporation of India Ltd) during the last three years and current year are as under:
Year Number. of Claims settled and paid by ECGC Ltd. Total amount paid by ECGC Ltd (Rs. crore) Total premium received by ECGC Ltd. (Rs. crore)
2013-14 558 897.49 1303.73
2014-15 545 589.83 1362.40
2015-16 580 1122.84 1320.72
2016-17 (till June 30, 2016) 78 57.83 278.21

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