The Financial Performance Anlaysis Of
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Transcript of The Financial Performance Anlaysis Of
7/31/2019 The Financial Performance Anlaysis Of
http://slidepdf.com/reader/full/the-financial-performance-anlaysis-of 1/20
BY: SHARAT.E
Under the guidance of Internal Guide
DEEPAK KUMAR D
PROFESSOR MBA Dept, RNSIT
External Guide
Mr. VIJAY KUMAR RELATIONSHIP MANAGER
ARlI
7/31/2019 The Financial Performance Anlaysis Of
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INDUSTRY PROFILE Insurance
Types of insurance
Mission of IRDA:“To protect the interests of thepolicyholders, to regulate, promote and ensureorderly Growth of the insurance industry and formatters connected therewith or incidental There
to.”
Duties, Powers and Functions of IRDA
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COMPANY PROFILE Company name: AEGON RELIGARE Life
Insurance.
Company was registered in June 27, 2008.
CEO: RAJEEV JAMKHEDKAR
TOTAL ASSETS: 1729.88 crores
Head office is in MUMBAI
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COMPANY PROFILE
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COMPANY PROFILE INFRASTRUCTURE FACILITIES
Customer desk
Separate cubical
COMPETITOR’S
Birla sun life, Tata AIG, Bharathi AXA, Reliance,
Aviva
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MCKINSEY’S 7’S MODEL STRUCTURE
STRATEGY
SKILLSSYSTEMS
STYLE
SHARED VALUESSTAFF
7/31/2019 The Financial Performance Anlaysis Of
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STRUCTURE
BOD
HEAD OFINVESTMENT
HEAD OF FINANCEHEAD OF HUMAN
RESOURSEHEAD OF
MARKETING
HEAD OF SALES AND
DISTRIBUTION
FUNCTIONALZONE HEAD
SOUTHERN ZONEHEAD
REGIONAL HEAD
BRANCH MANAGER
RELATIONSHIPMANAGER
EXICUTIVES
BUSINESSDEVELOPMENT
MANAGER
ASSISTANAT BDM
PORTFOLIOMANAGER
DEALEARS
IT CUSTOMERSSUPPORT ANDOPERATIONAL
MANAGER
NORTHERN ZONEHEAD
WESTERN ZONEHEAD
EASTERN ZONEHEAD
CENTRAL ZONEHEAD
CEO
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STRATERGYGoals and Objectives:
Products at low cost and high benefits
Customized financial plan as per the individual
MISSION
quality protection with value pricing
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SKILLS If employee give poor performance, they will give
chance to Upgrade the skills by training.
Employees should have required skills to performthe tasks.
Their performance is evaluated and rewards.
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SYSTEM cost accounting procedures,
Recruitment,
Training and development systems, Risk management system.
STYLE Decentralization of authority is emphasized in the
organization
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SHARAED VALUES To help people plan their life better
Understanding the needs of customers and offering
them superior products and services. Leveraging technology to service customers quickly,
efficiently and conveniently.
STAFF well experienced skilled and organized staff
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SWOT ANALYSIS STRENGTHS Innovative Policies with emphasis on long term returns
Online products like iTerm WEAKNESSES
Less penetration in rural areas
Small agent base catering to huge customer base
OPPORTUNITIES
Growing rural market
Cross selling through financial services such as banking THREATS
Insurance has to face tough competition
Entry of new NBFCs in the sector.
STRENGTHS
• Innovative Policies withemphasis on long term returns
• Online products like iTerm
WEAKNESSES
•Less penetration in rural areas
• Small agent base catering to huge
customer base
OPPORTUNITIES
• Growing rural market
•Cross selling through financial servicessuch as banking
THREATS
• Insurance has to face toughcompetition
• Entry of new NBFCs in the sector.
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PART B“THE FINANCIALPERFORMANCE ANLAYSIS”
Statement of problem:
To determine the strength and performance of the AEGON RELIGARE Life Insurance Company is beinganalyzed.
Financial statement analysis is to diagnose the
information contained in financial statements so as to judge profitability and financial soundness of the firm.
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OBECTIVE OF THE STUDY To study the financial performance of AEGON
RELIGARE Life Insurance.
To find out the reasons affecting the financialperformance of the company.
To suggest the organization in order to improve itsfinancial performance.
To know the financial position of the company.
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RESEARCH METHODOLOGYSources of data
Primary data
Secondary data
TOOLS USED Comparative analysis of the balance sheet and P/L
account.
Trend percentage analysis.
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LIMITATIONS The study is confined to only analysis of financial
performance analysis in AEGON RELIGARE LifeInsurance.
Calculation are done on past financial statement andthus forecasted.
Time constrain.
Busy schedule of senior officers
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FINDINGS The fixed assets increasing in 2009, and slowly it
decreasing year by year.
The gradual increasing the owners fund As the total credit (expenditure) percentage of the
company is increasing in 2009 and decreasing in2010
The profit margin is decreasing from 83% to 71.6% inthe year 2009 to 2010.
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SUGGESTION As current ratio indicates ARLI liquidity position is
not satisfactory must try to stabilize its current
ratio which is currently decreasing. The EPS is also decreasing state so try to overcome
from decreasing, which may help to grow in themarket.
To increases the owners fund, profit ratio, tostabilized the ratio.
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CONCLUSION In assessing financial stability of a firm
If ARLI should taken care of current ratio, EPS and
fixed assets turnover ratio implemented in all thestages, changes of ARLI doing well in the marketand industry will be more in the future.
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THANK YOU