Idbi Federal Life Insurance Co. Ltd. - Establishing Relationship Between Working Capital Management and Profitability of the Life Insurance Sector

Summer Internship Project Report

On

Establishing Relationship between Working Capital Management and Profitability of the Life Insurance Sector

At

IDBI Federal Life Insurance Co. Ltd.

In Partial Fulfilment of

PGDM FMG – Batch XXV

Submitted to

Prof. Anil Kumar Singh

By

Kunal Verma

Roll No. 251164

[pic 1]

FORE School of Management

June 2017

Declaration

I, Kunal Verma, Roll No. 251164 have completed my summer internship at IDBI Federal Life insurance Co. Ltd., Noida and has submitted this project report entitled “Establishing Relationship between Working Capital Management and Profitability of the Life Insurance Sector” towards partial fulfillment of the requirements for the award of the Post Graduate Diploma in Management FMG-25, 2016-2018.

This Report is the result of my own work, no part of it has earlier comprised any other report, monograph, dissertation or book.

Kunal Verma

                  251164

Certificate

This is to certify that Mr. Kunal Verma Roll No. 251164 has completed his summer internship at IDBI Federal Life Insurance Co. Ltd., Noida and has submitted this project report “Establishing Relationship between Working Capital Management and Profitability of the Life Insurance Sector” towards partial fulfilment of the requirements for the award of the Post Graduate Diploma in Management FMG 25, 2016-2018.

This Report is the result of his own work and to the best of my knowledge, no part of it has earlier comprised any other report, monograph, dissertation or book. This project was carried out under my overall supervision.

Date:                                                                

Place:                                                                

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          Dr. Anil Kumar Singh

 Internal Faculty Guide

Acknowledgment

It is a pleasure that I find myself penning down these lines to express my sincere thanks to the people who helped me along the way in completing the report.

It gives me great pleasure to express my sincere gratitude towards my Industry guide Mr. Jitender Kumar for placing complete faith and confidence in my ability to carry out this project and for providing me the time, inspiration, encouragement, help, valuable guidance and constant interest. His efforts were very encouraging for me and made a positive impact in the completion of the report.I would also like to thank Mr. Kapil Udaiwal , Head HR for giving me an opportunity to work with the company.

I express my gratitude to Mr.Anil Kumar Singh, Faculty guide, for helping me at every step of the project and guiding me to construct a report of utmost quality which would not have been possible without him.  

It gives me immense pleasure to thank all the people who helped me by providing valuable resources without which this report would not have been possible.

TABLE OF CONTENTS

EXECUTIVE SUMMARY

The Research report talks about the work undertaken during Internship tenure at IDBI Federal Co. Ltd. This report aims to fulfill two objectives I.e. Establishing relationship between Working Capital and profitability of Life Insurance sector where 20 life insurance companies operating in India are evaluated and study of Consumer Awareness of the brand IDBI Federal Life Insurance Co. Ltd.

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