EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

A PRESENTATION ON THE CREDIT INSURANCE PRODUCTS

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

EXPORT CREDIT INSURANCE

Credit Insurance Covers to exporters against Credit Risk losses in export of goods & services both under Short term and Medium and LT Credit Insurance covers to banks to protect them against risks of non payment by exporters both under Short term and Medium and LT Domestic Credit Insurance covers to Exporters and Banks in respect of their local sales and working capital finance, respectively Overseas Investment Insurance covers to protect Indian Entrepreneurs investing in Overseas Ventures (Equity/Loans) against expropriation risks Exchange Fluctuation Covers to exporters to protect them in respect of their exchange losses under Medium and LT exports

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

ECGC An Export Promotion Institution

Provides credit risk covers to Exporters against non payment risks of the overseas buyers / buyers country in respect of the exports made. Provides credit Insurance covers to banks against lending risks of exporters Assessment of buyers for the purpose of underwriting Preparation of country reports International experience to enhance Indian capabilities An ISO organisation excelling in credit insurance services
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

VISION

To excel in providing credit insurance and traderelated services.

MISSION

To support the Indian Export Industry by providing cost-effective insurance and trade-related services to meet the growing needs of the Indian export market through the optimal utilization of available resources.

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

A Brief Profile of ECGC

No. of offices 5 Regional offices and 51 Branches ( Head office and all Branches ISO certified) Paid Up Capital Reserves Rs 900 Cr Rs 913.42 Cr

IRDA registered Insurance company classified under General Insurance-Specialised Institution Data for 2007-08 Premium Income Rs 668.36 Cr

Claims paid
Recoveries No. of Policies in force No. of shipments covered No. of buyers covered No. of countries covered No. of banks holding covers No. of bank branches covered

Rs 419.74 Cr
Rs 161.50 Cr 12533 364848 46799 193 65 3709

No. of exporters financed by banks 20568

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Statistics
Particulars Premium

Initial Years (1957-60)

Rs 43,109 (1957-58)

2007-08
Rs 668.36 crores

Claims
Recoveries Value of shipments covered Policies in Force No. of banks covered under Guarantees No. of bank branches Paid up Capital

Rs 4.51 lacs (1960)

Rs 2.00 lacs (1960) Rs 1.30 crores(1957 -58)

Rs 419.74 crores
Rs 161.50 crores Rs 52766.57 crores

146 no. (1957-58) 3 no. (1960)

12533 no. 65

3 no. Rs 50.00 lacs

3709 no. Rs 900 crores

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

EXPORT INSURANCE

Goods

Receivables

Loss or Damage

Exchange Risk
Hedging by Authorized Dealers

Payment Risk

Marine Insurance

CREDIT INSURANCE

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Risks Covered by ECGC

RISKS
POLITICAL RISK (Open Cover and Restricted cover )

COMMERCIAL RISK

COUNTRY

BUYER

BANK

LC / NON LC
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

LC

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

RISKS COVERED
COMMERCIAL RISKS
Insolvency of buyer/LC opening bank Protracted Default of buyer Repudiation by buyer

POLITICAL RISKS
War/civil war/revolutions Import restrictions Exchange transfer delay/embargo Any other cause attributable to importing country

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Products offered to Exporters

Standard Policy Small Exporters policy Specific Shipment Policy (short term) Export Turnover policy Specific buyer wise policy Consignment export policy Global entity policy Single buyer exposure policy Multi buyer exposure policy Software project exports policy IT enabled (single customer) policy IT enabled (multi customer) policy SME Policy Customer specific policy (Tailor made)

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Shipments ( Comprehensive Risks) Policy

Whole Turnover principle- all exports covered Selective options for LC/Associates/Consignments 90% cover Advance Premium subject to Minimum premium of Rs.10,000/Policy Period - 2 years Credit limit (Drawee wise) on all the buyers Monthly declarations with premium due Premium rates schedule issued with Policy No claim Bonus every year 5% subject to maximum of 50%

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Small Exporters Policy

Export turnover not exceeding Rs.50 Lakhs per annum Advance Premium subject to Minimum Premium Rs.2000/ Policy Period - one year Cover for Commercial risks 95% and Political risks 100% No Claim bonus applicable Quarterly Declarations Premium payment as per standard premium schedule attached to Policy
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Export Turnover Policy

Minimum anticipated Premium of Rs.10 Lakhs Period of Policy- One year Monthly or quarterly declaration as per exporters choice Higher Discretionary Limit of drawee wise limits on buyers (uptoRs100 lakhs for DP and Rs50 lakhs for DA) Premium rates discounted by 20% Premium payable upfront or in Quarterly instalments based on anticipated exports 5% cash discount for upfront payment of full annual premium

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Specific Shipment Policy (SSP)

Covering one shipment or One contract Processing fee of Rs.1000/80% cover Premium higher than standard premium rates Upfront premium before issue of Policy Commercial / Political risks and L/C comprehensive risks covered Submission of Shipment Statement and realisation report later
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Specific Buyer wise Policy

Covering One buyer / One Bank Processing fee Rs.1000/Period of cover - One year All shipments to buyer on Non LC terms or shipments under LC from bank covered Quarterly/Annual premium payable upfront based on projected exports 80% cover Monthly or quarterly shipment statements 5% No Claim Bonus reduction on renewal

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Buyer Exposure Policy

Cover issued on exposure basis as opposed to turnover ( Exposure: Likely outstanding at any given point of time) One time payment of premium on exposure Single Premium rate based on country rating for Comprehensive risks/Political risks Processing fee Rs.1000/- on application Cover is up to Exposure or the Loss limit (Credit Limit) Premium payable either quarterly or annually on the loss limit No monthly statements Annual statement of shipments at the end of Policy period on renewal Coverage is 80% Selective cover for each buyer at exporters discretion

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Multi buyer exposure policy

Cover on exposure as opposed to turnover and cover for more than 1 buyer Discretion to choose buyers for cover with exporter and shall be acceptable to ECGC Processing Fee Rs.5000/- to accompany application List of buyers to be given with proposal and any addition to be advised Minimum 10% of projected turnover will be fixed as Aggregate Loss Limit (ALL) which will be the Maximum Liability Exporter can opt for higher exposure than 10% of turnover Cover for each buyer is 10% of ALL as Single Loss Limit (SLL) Exporter to have access to ECGC website for checking defaulter buyer list. Coverage is 80% and lower cover available with proportionate reduction of premium. Single premium rate irrespective of country grading Upfront premium payable before issue or in quarterly instalments 5% No Claim Bonus reduction on renewal

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Consignment (Stock holding Agent) Policy

Consignment exports covered under this exclusive cover for a period of 1 year Premium on shipments to the agent payable on the turnover Upfront premium quarterly / annually Coverage 80%. Exporters holding Standard Policy will get 90% cover One Agent / Multiple buyers Cover on agent or on ultimate buyers as desired by exporter Credit limits (Drawee wise limits) to be obtained on ultimate buyers Discretionary Credit limit available upto 5% of turnover with max of Rs100 lakhs Longer period of 360 days for realization of bills Premium payable on the basis of country classification and tenor of 90/180/360 days. Extension upto 540 days permissible with additional premium 5% No Claim Bonus reduction on renewal

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Consignment Exports (Global Entity) Policy

Coverage for selling goods through exporters own subsidiary or branch office during a period of 1 year Premium on shipments to the GE payable on the turnover Upfront premium quarterly / annually Coverage 80%. Exporters holding Standard Policy will get 90% cover One GE / Multiple buyers Cover on GE or on ultimate buyers as desired by exporter Commercial cover of Insolvency of GE only if Joint stock company and equity stake not exceeding 49%; Otherwise only Political risks cover Credit limits (Drawee wise limits) to be obtained on ultimate buyers Discretionary Credit limit available upto 5% of turnover with max of Rs100 lakhs Longer period of 360 days for realization of bills Premium payable on the basis of country classification and tenor of 90/180/360 days. Extension upto 540 days permissible with additional premium 5% No Claim Bonus reduction on renewal

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

MSME POLICY
Policy issued for small exporters with Export Turnover not exceeding Rs10 Lakhs and registered under MSME Act, 2006 Cover available upto Rs10 lakhs with annual premium of Rs 5,000 and a processing fee of Rs1,000 Cover available will be 90% Maximum claim payable is Rs3 lakhs on any buyer No requirement of monthly declaration of shipments
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

EXPORT FACTORING SERVICES

Factoring services involving finance, credit protection, collection under one roof Finance against export receivables facilitated through a bank Credit protection available after assessment of buyers Receivables financed without recourse 80% prepayment against invoices and balance after 90 days from due date less charges, if payment not received Details available on specific request at factoring@ecgc.in
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Export Credit Insurance Covers to Banks Covers for working capital granted by commercial banks to Exporters at Pre shipment and Post shipment stages Covers available on exporter wise, bank branch wise and bank wise Losses due to protracted default / Insolvency of exporters covered Cover varies from 60% to 95% depending on the type of cover
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

Export Stimulus Package

Additional cover of 5%, subject to maximum protection of 95% available for all MSME exporters All exporters of Textiles ( including handicrafts and handlooms), Gem & jewellery, leather, engineering goods, carpets, project goods, auto components and chemicals will also get the additional protection of 5% Additional cover through the National Export Insurance Account of the GOI Bank advances to MSME borrowers for exports will get an additional protection of 10% subject to maximum protection of 85% under the Credit Insurance covers to banks Additional cover available for shipments /advances made/ granted during the period 1st Jan 09 to 30th June 09
You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED

In the Service of Exporters and Banks since 1957

Thank You
Please visit us at: www.ecgc.in

Mail us at marketing@ecgc.in

You focusfocus on exports. We cover the risks. You on exports. We cover the the risks.