apresentationonecgcbyasma-140430094952-phpapp01

8/19/2019 apresentationonecgcbyasma-140430094952-phpapp01

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A presentation on

COMPARITIVE STUDY OF ecgc

AND ITS COMPETITORS

& SWOT ANALYSIS

PRESENTED BY:-

ASMA KHAN


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Introduction:-

In an export trade, exporters needs the financeat different stages. The finance is required forprocessing, manufacturing, assembling,procuring and packing the goods for export inthe pre-shipment stages & During the

intervening period between the shipment ofgoods and the receipt of pament post-shipmentcredit is required b the exporters at postshipment stages.


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Need of export credit insurance:-

The export credit plas a ver important role inthe International trade sstem. In developed anddeveloping countries, it has been a tool forpushing exports of manufactured and capitalgoods, as well as some specific services. Due tohigher risk in International market, creditinsurance becomes important. !xport credit

insurance protects exporters against the risk ofnon-paments b the foreign buers.


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LIST OF THE MAJOR COMANIES RO!I"IN# E$ORT CRE"IT

INS%RANCE:-

"ublic sector#

i.$ !%%

ii.$ 'ew India (ssuranceiii.$ )*I general insurance

"rivate sector#

i.$ I%I%I +ombard

ii.$ I%-Tokio


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INTRO"%CTION OF E$ORT CRE"IT

#%ARANTEE CORORATION:-

!%% !xport %redit uarantee %orporation$ ofIndia +td, was established in /ul, 0123. It

functions under the administrative control of the4inistr of %ommerce & Industr andovernment of India. It is managed b a*oard of Directors comprising representatives

of the overnment, 5eserve *ank of India. Itsheadquarter is in 4umbai, 4aharashtra.


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O&'ecti(es:-

To promote export mainl b

i.$ "rotecting !xporters against %44!5%I(+ &"+ITI%(+ 5I)6) in export proceeds

ii.$ "rotecting *anks against 5I)6 D!(7+T in

export credit.

iii.$ To facilitate availabilit of adequate bank finance tothe Indian exporters b providing insurance cover for

banker in the form of guarantee at competitive rate.


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COMETITORS OF EC#C:-

In the Indian market the competitors of !%% are

"7*+I% )!%T5#-

i.$ 'ew India (ssurance ii.$ )*I eneral Insurance

"5I8(T! )!%T5#-

i.$ I%I%I +ombard

ii.$ I%-Toko


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Co)parison t*rou+* different para)eters:-

i.$5isk coverage b companies

ii.$5isk exemptions

iii.$Transactions modes

iv.$%ountries coverage

v.$!xporters 5each

vi.$%laims vii.$*ank loan assistance to exporters

viii.$"remium %alculation


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0. RISKS COVERAGE


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Basis ofdifference

ECGC SBI-GENERAL

ICICI-Lombard

IFFCO-TOKIO

New India Assurance

5estriction b ovt. %8!5!D

%8!5!D %8!5!D %8!5!D %8!5!D

'on-pament dueto war

%8!5!D %8!5!D %8!5!D %8!5!D %8!5!D

%ancellationof import

license

%8!5!D %8!5!D %8!5!D %8!5!D %8!5!D

Dela inpament

%8!5!D 'T%8!5!D

'T%8!5!D

%8!5!D %8!5!D

Diversion of

8oage

%8!5!D 'T

%8!5!D

'T

%8!5!D

'T

%8!5!D

'T

%8!5!D

'aturaldisaster

'T%8!5!D

'T%8!5!D

'T%8!5!D

%8!5!D 'T%8!5!D


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!RISK E"CL#SION


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Basis ofdifference

ECGC SBIGenera$

ICICI-Lombard

IFFCO-To%io

New India Assurance

!xchange ratefluctuation

'T%8!5!D

'T%8!5!D

'T%8!5!D

'T%8!5!D

'T%8!5!D

+oss of goods 'T%8!5!D

%8!5!D 'T%8!5!D

'T%8!5!D

'T%8!5!D

Trade dispute 'T-

%8!5!D

'T

%8!5!D

'T

%8!5!D

'T

%8!5!D

'T

%8!5!D

Default andinsolvenc

%8!5!D %8!5!D 'T%8!5!D

'T%8!5!D

'T%8!5!D

Dela inpament

%8!5!D 'T%8!5!D

'T%8!5!D

'T%8!5!D

'T%8!5!D

'on 9pament

'T%8!5!D

'T%8!5!D

'T%8!5!D

'T%8!5!D

'T%8!5!D

'on- %8!5!D 'T 'T 'T 'T


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&!'O(ES OF )A*'ENTS


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T+,es of)a+mens

ECGC SBI-Genera$Insurance

ICICI-Lombard

IFFCO-To%io

New India Assurance

+etter of%redit

%8!5!D %8!5!D %8!5!D %8!5!D %8!5!D

Documentagainst"ament

%8!5!D 'T-%8!5!D

'T-%8!5!D

'T-%8!5!D

'T-%8!5!D

penDeliver

%8!5!D 'T-%8!5!D

'T-%8!5!D

'T-%8!5!D

'T-%8!5!D

Documentagainst (cceptance

%8!5!D 'T-%8!5!D

'T-%8!5!D

'T-%8!5!D

'T-%8!5!D


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.!CO#NTRIES COVERAGE


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ICICI-Lombard SBI-Genera$Insurance

New India Assurance

IFFCO-To%io

Egypt Iran Iceland--------------

Jordan Cuba Tunisia--------------

Libya Pakistan---------------

Yemen Iraq---------------

Fiji Sudan---------------

Sudan----------------


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/!COVERAGE


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CO')AN* COVERAGE

!%% !"#$! "

'ew India (ssurance % "

I%-T6I $! "

I%I%I-+ombard $! "

)*I eneral insurance &'(


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0!)RE'I#' CALC#LATION


20/23

ECGC SBI-Genera$Insurance

ICICI-Lombard

IFFCO-To%io New India Assurance

%ountr basis Turnover %ountr basis %ountr basis %ountr basis

n the basis ofTerm of"ament

Turnover 5e-insurancequote &support


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,an assistance:-

!%% provides export credit insurance coversto the banks and financial institutions to enables

the exporters to obtain better facilities fromthem i.e. from banks which is formall known asguarantee.

'o other competitor of the !%%provides export credit insurance cover to the banks.


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S.OT Ana/0sis:-):T analsis of !%% is as under #

i!1 Sren23 4-

a.$ 4aximum countr coverage. b.$ 4aximum coverage from risk.

ii!1 5ea%ness4-

a.$ %ommunication gap

iii!1 O,,oruniies4- a.$ In the sector of factoring

i6!1 T3reas4-

a.$ :eakness will become threat.


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THANK

YOU..!

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