project work in word
TRANSCRIPT
INTRODUCTION OF COMPANY
Reliance Capital Services (RCS) was set up in July 2008, to cross sell Reliance Capital products across the 150 million strong family of the Reliance ADA Group, comprising of shareholders, customers and other stakeholders.
RCS through its presence across 75 locations in India, has acquired more than 1,50,000 customers. Reliance Capital Services today is the largest distributor for Reliance General Insurance and among the top 5 for Reliance Life Insurance.
Reliance Capital Services is the distribution house for all the financial products and services of Reliance Capital, which is a part of Reliance Anil Dhirubhai Ambani Group.
Aiming to be the most preferred ‘one stop shop’ for all financial solutions along with world class customer services, Reliance Capital Services will focus on marketing and distributing the entire Reliance Capital Products Suite which comprises Mutual Fund, Life Insurance, General Insurance, Consumer Finance, etc. The product basket will also offer customized financial solutions for specific target audience.
Shortly will be present at 8900 locations called Common Service Centers jointly with Reliance Communications Limited. This is a project under an E-Governance Public Private Partnership Program between Government of India & Reliance Communications Limited for the Indian states of Gujarat, West Bengal, Maharashtra, Madhya Pradesh & Uttarakhand.
Reliance capital services products would also be shortly available online for NRIs, who want to avail such services for their loved ones residing in India
Problem
A life insurance company wishes to examine the relationship between the amount of life insurance held by a family and family income. From a random sample of 20 households, the company collected the data in the file insur.xls. The data are in thousands of dollars.
(a) Estimate a linear relationship between life insurance (Y) and income (X).
(b) Discuss the relationship you estimated in (a). In particular: i. What is your estimate of the resulting change in the amount of life insurance when income increases by $1000? ii. What is the standard error of the estimate in (i), and how do you use this standard error for interval estimation and hypothesis testing? iii. One member of the management board claims that for every $1000 increase in income, the amount of life insurance held will go up by $5000. Choose an alternative hypothesis and explain your choice. Does your estimated relationship support this claim? Use a 5 percent significance level.
(c) Test the hypothesis that as income increases the amount of life insurance increase by the same amount. That is, test the hypothesis that the slope of the relationship is 1.
(d) Predict the amount of life insurance held by a family with an income of $100,000.
OBJECTIVES OF THE STUDY
The main of the present study of is accomplish the following objective.
1. Proper understanding and analysis of life insurance industry.
2. To know about brand awareness of Reliance Life Insurance and customer’s preference about Reliance Life Insurance.
3. According the market survey come know about how much potential of insurance market in our city.
4. And base on analysis of the result thus obtained make a report on that research.
5. Training aims at reruiting maximum number of Lfie Advisors and to Sell the maximum policies for the company and bring the business for the company which ever is going at the particular point of time.
6. As the Kotak Life Insurance well reputed company in India it’s great chance for me to observed different products launch by other competitor companies like ICICI prudential, Bajaj alliance ,LIC, Max New York life etc. In all, it is to understand the overall working of the Life insurance sector.
7. The objective behind the project is as follows:A) To find the right candidate.B) To about their family background, occupation
Hypothesis to be tested
1. What Tests are done for Life Insurance?
2. What does life insurance tested for?
3. Do life insurance companies test for drugs?
4. Our Life & Health Exam course is heavily focused on "self-help." Here's why:
A) If you are intimately involved in both structuring and completing your Life & Health test preparation, you will have a better understanding of the experience and reap better Life & Health Exam results and
B) We recognize that there is great diversity in learning styles. By leaving the Life & Health test preparation solution in a more open, relaxed format, we believe we can make the diversity in learning styles a strength rather than a weakness.
COMPANY PROFILE
COMPANY STARTEDReliance Capital Limited (RCL) was incorporated in year 1986 at Ahmedabad in Gujarat as Reliance Capital & Finance Trust Limited. The name RCL came into effect from January 5, 1995. In 2002, RCL shifted its registered office to Jamnagar in Gujarat before it finally moved to Mumbai in Maharashtra, in 2006.
In 2006, Reliance Capital Ventures Limited merged with RCL and with this merger the shareholder base of RCL rose from 0.15 million shareholders to 1.3 million.
RCL entered the Capital Market with a maiden public issue in 1990 and in subsequent years further tapped the capital market through rights issue and public issues. The equity shares were initially listed on the Ahmedabad Stock Exchange and The Stock Exchange Mumbai. Presently the shares are listed on The Stock Exchange Mumbai and the National Stock Exchange of India.
RCL in the initial years engaged itself in steady annuity yielding businesses such as leasing, bill discounting, and inter-corporate deposits. Later, in 1993 diversified its business in the areas of portfolio investment, lending against securities, custodial services, money market operations, project finance advisory services, and investment banking.
RCL was accredited a Category 1 Merchant banker by the Securities Exchange Board of India (SEBI). It had lead managed/co-managed 15 issues of an aggregate value of Rs. 400 crore and had underwritten 33 issues for an aggregate value of Rs. 550 crore. All these companies were listed on various exchanges.
RCL obtained its registration as a Non-banking Finance Company (NBFC) in December 1998. In view of the regulatory requirements RCL surrendered its Merchant Banking License.
RCL has since diversified its activities in the areas of asset management and mutual fund; life and general insurance; consumer finance and industrial finance; stock broking; depository services; private equity and proprietary investments; exchanges, asset reconstruction; distribution of financial products and other activities in financial services.
CHAIRMAN PROFILERegarded as one of the foremost corporate leaders of contemporary India, Shri Anil D Ambani, 50, the chairman of all listed companies of the Reliance ADA Group, namely, Reliance Communications, Reliance Capital, Reliance Infrastructure, Reliance Natural Resources, Reliance Power and Reliance Big Entertainment. He is also Chairman of the Board of Governors of Dhirubhai Ambani Institute of Information and Communication
Technology, Gandhi Nagar, Gujarat.
An MBA from the Wharton School of the University of Pennsylvania, Shri Ambani is credited with pioneering several financial innovations in the Indian capital markets. He spearheaded the country's first forays into overseas capital markets with international public offerings of global
depositary receipts, convertibles and bonds. Under his chairmanship, the constituent companies of the Reliance ADA group have raised nearly US$ 3 billion from global financial markets in a period of less than 15 months.
COMPANY BUSSINESS (WHAT IT DO)
Reliance Capital Services is the distribution house for all the financial products and services of Reliance Capital, which is a part of Reliance Anil Dhirubhai Ambani Group.
Aiming to be the most preferred ‘one stop shop’ for all financial solutions along with world class customer services, Reliance Capital Services will focus on marketing and distributing the entire Reliance Capital Products Suite which comprises Mutual Fund, Life Insurance, General Insurance, Consumer Finance, etc. The product basket will also offer customized financial solutions for specific target audience.
Shortly will be present at 8900 locations called Common Service Centers jointly with Reliance Communications Limited. This is a project under an E-Governance Public Private Partnership Program between Government of India & Reliance Communications Limited for the Indian states of Gujarat, West Bengal, Maharashtra, Madhya Pradesh & Uttarakhand.
reliance capital services products would also be shortly available online for NRIs, who want to avail such services for their loved ones residing in India
Initial capital
RCL was accredited a Category 1 Merchant banker by the Securities Exchange Board of India (SEBI). It had lead managed/co-managed 15 issues of an aggregate value of Rs. 400 crore and had underwritten 33 issues for an aggregate value of Rs. 550 crore. All these companies were listed on various exchanges.
Registered Office:'H' Block,1st Floor,Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 Tel: +91 22 3032 7000 Fax: +91 22 3032 7202
For Investor RelationsEmail: [email protected]
For other [email protected]
Corporate Office:570, Rectifier House,2nd FloorNaigaum Cross RoadNext to Royal Industrial EstateWadala, Mumbai 400031Tel: +91 22 30479800formationEmail:
Business mix of Reliance Capital
Asset Management Mutual Fund, Portfolio Management, Offshore Fund
Insurance Life Insurance, General Insurance
Consumer Finance & Home Finance
Mortgages, Loans against Property , Business Loans, Loans for Commercial Vehicles, Loans for Construction Equipment, Auto Loans, Loans against shares, Business Loans
Broking and Distribution
Stocks Commodities and Derivatives, Wealth Management Services, Portfolio Management Services, Investment Banking, Foreign Exchange and Offshore Investment, Third Party Products
Other Businesses Asset Reconstruction, Institutional Broking, Private Equity, Exchanges, Venture Capital
Present capital structure
Reliance Capital has a net worth of Rs. 7,803 crore (US$ 2 billion) and total assets of Rs. 27,234 crore (US$ 6 billion) as on June 30, 2010.
Human recources
At Reliance Capital, we believe that the bigger the challenges that we set for ourselves, the higher they will take us. And finding resonance with this credo is our young 28,000-workforce, whose average age is 32
Competitors
GE capital services
SBI capital services
MUTHOOT capital services
TATA capital services
FOREX capital services
AK capital services