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Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

by AIP Online Bureau | Oct 8, 2023 | Indian News, Non-Life, Policy, Reinsurance, Risk Management

”For merchandise exports of India, the war may lead to higher insurance premiums and shipping costs. India’s ECGC may charge higher risk premiums from Indian firms exporting to Israel,” think tank Global Trade Research Initiative (GTRI) said on...
Value of biz covered by ECGC expected to increase to over Rs 10 lakh cr in this fiscal: Goyal

Value of biz covered by ECGC expected to increase to over Rs 10 lakh cr in this fiscal: Goyal

by AIP Online Bureau | Jun 24, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Piyush Goyal,Commerce and Industry Minister Commerce and Industry Minister Piyush Goyal added that in the next four months, all procedures at the company would be made completely digital and grievance redressal mechanism to be implemented over video conference ECGC...
Reluctance of ECGC to issue fresh insurance cover will have impact on exports and execution of projects: PHD Chamber

Reluctance of ECGC to issue fresh insurance cover will have impact on exports and execution of projects: PHD Chamber

by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life

“ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,”said PHDCCI President, Saket Dalmia New Delhi: A number of...
ECGC IPO likely to hit market in fourth quarter of FY23: CMD

ECGC IPO likely to hit market in fourth quarter of FY23: CMD

by AIP Online Bureau | Jul 26, 2022 | Indian News, Non-Life

M Senthilnathan, CMD,ECGC ”The initial review of ECGC has been done by DIPAM and the next direction is expected from them. Initially, we were told that the listing will happen somewhere around the last quarter of the current financial year. So, I think they will...

Russia-Ukraine war: ECGC withdraws coverage for shipments to Russia

by AIP Online Bureau | Feb 27, 2022 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Amid the ongoing conflict between Russia and Ukraine, ECGC in a communication said ”based on the near-term commercial outlook, it has been decided to modify the country risk classification of Russia under the short-term and medium-and-long term with effect from...
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