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    <title>Marine Insurance &amp; Export Credit Guarantee Corporation of India Ltd. (ECGC): Silent Protectors of India’s Foreign Trade.</title>
    <link>https://www.taxtmi.com/article/detailed?id=15382</link>
    <description>Marine insurance covers cargo and transit perils while ECGC export credit cover insures exporters and banks against commercial and political buyer default; together they mitigate physical and payment risks, but suffer from SME under penetration, reliance on international capacity, premium spikes in high risk zones, and limited coverage for emerging risks. Recommended reforms include SME outreach, micro policy pilots, ECGC digitalisation, domestic marine/P&amp;I capacity building, targeted premium support for risky routes, formalising cover for non delivery/diversion/tariff/cyber risks, linking insurance to trade facilitation, and establishing monitoring dashboards and international cooperation.</description>
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    <pubDate>Wed, 12 Nov 2025 08:18:36 +0530</pubDate>
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      <link>https://www.taxtmi.com/article/detailed?id=15382</link>
      <description>Marine insurance covers cargo and transit perils while ECGC export credit cover insures exporters and banks against commercial and political buyer default; together they mitigate physical and payment risks, but suffer from SME under penetration, reliance on international capacity, premium spikes in high risk zones, and limited coverage for emerging risks. Recommended reforms include SME outreach, micro policy pilots, ECGC digitalisation, domestic marine/P&amp;I capacity building, targeted premium support for risky routes, formalising cover for non delivery/diversion/tariff/cyber risks, linking insurance to trade facilitation, and establishing monitoring dashboards and international cooperation.</description>
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