Report on Reliance Insurance Company Ltd
Summary :
Table of Contents
- Insurance industry
- Meaning of insurance
- Importance of insurance
- Difference between insurance and assurance
- Principles of insurance
- History of insurance
- Time line in insurance history
- Meaning of life insurance
- History of life insurance
- Key features of life insurance
- Benefits of life insurance
- Role of life insurance in the growth of economy
- Introduction to the company
- About Reliance life insurance
- History
- Journey so far
- Role of IT at Reliance life insurance
- Mission
- Core values
- Future plans
- Head ? office
- Branches
- Product mix
- Traditional plans
- Unit linked plans
- Human resource management
- Recruitment
- Selection
- Training and development
- Career development
- Communication
- Incentives
- Services
- Performance appraisal
- Organizational form and structure
- Department
- Marketing department
- Distribution channel
- Promotional programs and target segment
- Comparative study
- Research methodology
- Objective of the study
- Questionnaire
- Sampling method and sampling size
- Limitations
- Analysis of questionnaire
- SWOT Analysis
- Finance department
- Conlusion
- Bibliography and refrences
Abstract
insurance may be described as a social device to reduce or eliminate risk of loss to life and property. insurance is a collective bearing of risk. insurance is a financial device to spread the risks and losses of few people among a large number of people, as people prefer small fixed liability instead of big uncertain and changing liability. insurance can be defined as a "legal contract between two parties whereby one party called insurer undertakes to pay a fixed amount of money on the happening of a particular event, which may be certain or uncertain." The other party called insured pays in exchange a fixed sum known as premium. insurance is desired to safeguard oneself and one's family against possible losses on account of risks and perils. It provides financial compensation for the losses suffered due to the happening of any unforeseen events.
insurance constitutes one of the major segments of the financial market. insurance services play predominant role in the process of financial intermediary. Today insurance industry is one of the most growing sectors in India. There is lot of potential in the Indian insurance Industry. There are many issues, which require study. The scope of the study of insurance industry of India would be very great as there are ongoing developments in the industry after the opening of the sector.
insurance constitutes one of the major segments of the financial market. insurance services play predominant role in the process of financial intermediary. Today insurance industry is one of the most growing sectors in India. There is lot of potential in the Indian insurance Industry. There are many issues, which require study. The scope of the study of insurance industry of India would be very great as there are ongoing developments in the industry after the opening of the sector.
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