July 21, 2017 11:37 AM ET

Insurance

Company Overview of ECGC Ltd.

Company Overview

ECGC Ltd. provides export credit insurance facilities to exporters and banks in India. It offers short, medium, and long term export credit insurance, which covers the various payment risks. The company also offers credit risk insurance covers to exporters against loss in export of goods and services; export credit insurance covers to banks and financial institutions to enable exporters to obtain facilities; and overseas investment insurance to Indian companies investing in joint ventures. In addition, it offers special schemes, such as factoring, buyers credit cover, line of credit, transfer guarantee, overseas investment insurance cover, and customer specific covers. Further, it provides g...

Express Towers

10th Floor

Nariman Point

Mumbai,  400 021

India

Founded in 1957

Phone:

91 22 5659 0500

Fax:

91 22 5659 0517

Key Executives for ECGC Ltd.

Chairman & MD
Executive Director of Operations
Executive Director
Age: 60
Deputy General Manager and Company Secretary
General Manager
Compensation as of Fiscal Year 2017.

ECGC Ltd. Key Developments

Listing Plan For PSU Insurers May Finalize In Two Months

The New India Assurance Co. Ltd., National Insurance Company Limited, The Oriental Insurance Company Limited, United India Insurance Co. Ltd., Export Credit Guarantee Corporation of India Ltd., Agriculture Insurance Company of India Limited and Life Insurance Corporation of India are looking to list its shares through an public offer. The Finance Ministry is likely to finalize contours of listing of public sector general insurance companies in a couple of months. "Public shareholding in government-owned companies is a means of ensuring higher levels of transparency and accountability. To promote this objective, the general insurance companies owned by the government will be listed in the stock exchanges," Finance Minister Arun Jaitley had said. "Public shareholding in government-owned companies is a means of ensuring higher levels of transparency and accountability. To promote this objective, the general insurance companies owned by the government will be listed in the stock exchanges," he had said.

The Central Government Owns Seven General Insurers Mulls IPO

General Insurance Corporation of India, The Oriental Insurance Company Limited, The New India Assurance Co. Ltd., United India Insurance Co. Ltd., National Insurance Company Limited, Agriculture Insurance Company of India Limited and Export Credit Guarantee Corporation of India Ltd. is looking to list its shares through an public offer. United India Insurance Company Ltd has taken a preliminary decision to list its shares through a public offer raising around INR 15 billion, said top officials. "The Board has taken a view to list the shares and rise around INR 15 billion. This is the first step and not the final step. The owner central government has to take the final call on the matter," the officials told on the condition of anonymity. "We have not decided on the share capital and the premium at which the shares are to be listed," they added. Presenting the 2016-17 budget, Finance Minister Arun Jaitley said "Public shareholding in government owned companies is a means of ensuring higher levels of transparency and accountability. To promote this objective, the general insurance companies owned by the government will be listed in the stock exchanges."

Export Credit Guarantee Corporation of India Ltd. Presents at GTR’s India Trade & Export Finance Conference 2016, Feb-02-2016 11:30 AM

Export Credit Guarantee Corporation of India Ltd. Presents at GTR’s India Trade & Export Finance Conference 2016, Feb-02-2016 11:30 AM. Venue: Taj Lands End, Mumbai, Maharashtra, India. Speakers: Manoj Kumar, General Manager.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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