Analysis Relates to The Role of Premium Income, Claim Expenses, Investment Result and Risk Based Capital (RBC) Against the General Insurance Companies' Profits Income (Case Study on General Insurance Which Registered in The Indonesia Stock Exchange

Authors

  • Markonah Markonah Economic and Business, Perbanas Institute, Jakarta

DOI:

https://doi.org/10.38035/dijefa.v2i2.856

Keywords:

Premium Income, Claim Expense, Investment Return, Risk Based Capital, Profits

Abstract

The research purposes were to analyze the effect of Premium Income, Claim Expenses, Investment Results, Risk Based Capital (RBC) towards Income profits in the General Insurance Industry. Premium Income, Claims Expenses, Investment Returns, and Risk Based Capital (RBC) are often used as independent variables which are thought to have an impact towards company profits that could be measured by ROA as a dependent variable. This research was conducted on general insurance companies that registered on the Indonesia Stock Exchange during the period of 2012 until 2018. The data was obtained through accessing the Indonesia Stock Exchange website. The research sample was selected by Saturated Sampling method where the entire population was included as a sample, so there would be 7 insurance companies that registered on the IDX during that period 2012 - 2018, namely 49 data which were available used in this research. The analytical technique used in this research was multiple regression analysis. And the results from this research indicate that Premium Income had no affect towards profit income, Claim Expenses had no affect towards profit income, Investment Return had a significant positive affect on profits income and Risk Based Capital had a significant positive affect towards General Insurance Companies that registered on the Indonesia Stock Exchange.

References

Ainul, F. N. A., Susyanti, J., & Mardani, R. M. (2017). Pengaruh Premi, Klaim, Hasil Underwriting, Investasi dan Profitabilitas Terhadap Pertumbuhan Aset Pada Perusahaan Asuransi Jiwa Syariah Di Indonesia. Jurnal Ilmiah Riset Manajemen, 6(02), 97-110.
Alamsyah, R., & Wiratno, A. (2017). Pendapatan premi, rasio hasil investasi, laba, klaim dan risk based capital perusahaan asuransi kerugian di Indonesia. Jurnal Riset Akuntansi & Perpajakan (JRAP), 4(01), 87-101.
Dhaniati, R. (2011). Analisis Pengaruh RBC, Rasio Underwriting, Rasio Hasil Investasi, Rasio Penerimaan Premi, dan Rasio Beban Klaim Terhadap Laba Perusahaan Asuransi. Repositori Universitas Gunadarma. Jakarta.
Djaelani, F. (2014). Bahan Pesentasi Kepala Eksekutif Pengawasan Industri Keuangan Non Bank. Otoritas Jasa Keuangan. Jakarta.
Juwita, T. (2017). Pengaruh Hasil Investasi,Underwriting dan Rasio Solvabilitas Terhadap Laba Perusahaan Asuransi Jiwa Syariah di Indonesia. Repositori. Perbankan Syariah, Ekonomi dan Bisnis Islam. Salatiga.
Marwansyah, S., & Utami, A. N. (2017). Analisis hasil investasi, pendapatan premi, dan beban klaim terhadap laba perusahaan perasuransian di indonesia. Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis, 5(2), 213-221.
Nurhayati, N., & Noprika, S. (2020, April). PENGARUH PENDAPATAN PREMI NETTO, HASIL INVESTASI DAN BEBAN KLAIM TERHADAP RETURN ON ASSETS PERUSAHAAN ASURANSI YANG TERDAFTAR DI BEI PERIODE 2014-2018. In Prosiding Seminar Nasional Pakar (pp. 2-78).
Otoritas Jasa Keuangan. (2015). Peraturan Otoritas Jasa keuangan Nomor 69/POJK.05/2015 tentang Penyelenggaraan Usaha Perusahaan Asuransi, Perusahaan Asuransi Syariah. Otoritas Jasa Keuangan Republik Indonesia. Jakarta.
Otoritas Jasa Keuangan. (2016). Perasuransian Indonesia. Otoritas Jasa Keuangan Republik Indonesia. Jakarta.
Putra, I. N. D. D. (2017). The Influence Growth Of Income, Assets, Ratio of Claim and Risk Based Capital on the Profitability of Life Insurance Companies in Indonesia. International Journal of Business and Commerce, 6(09), 24-42.
Republik Indonesia. (1992). Peraturan Pemerintah Republik Indonesia Nomor 73 Tahun 1992 tentang Penyelenggaraan Usaha Peransuransian Pasal 12 Ayat 2. Departemen Keuangan Republik Indonesia. Jakarta. http://www.jdih.kemenkeu.go.id/fulltext/1992/73TAHUN~1992PP.htm
Republik Indonesia. (2014). Undang-Undang Republik Indonesia Nomor 40 tahun 2014 tentang Peransuransian Pasal 1 Ayat 1. Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia. Jakarta.
Riani, F. (2014). Pengaruh Solvabilitas, Premi, Klaim, Investasi, dan Underwriting Terhadap Pertumbuhan Laba Perusahaan Asuransi Umum Syariah. Repositori, Fakultas Syariah dan Hukum, Universitas Islam Negeri Sunan Kalijaga. Yogyakarta.
Salim, A. (2012). Asuransi & Manajemen Risiko. Jakarta: Raja Grafindo
Santi, J. T., & Qomariyah, N. (2015). Selami Asuransi demi Proteksi Diri. PT Kompas Media Nusantara. Jakarta.
Sari, J. N. (2017). Pengaruh Hasil Investasi, Underwriting Dan Rasio Solvabilitas Terhadap Laba Perusahaan Asuransi Jiwa Syariah Di Indonesia. Repositori, Fakultas Ekonomi dan Bisnis, UIN Syarif Hidayatullah Jakarta.
Sastri, I. A. I. P., Edy Sujana, S. E., & Sinarwati, N. K. (2017). Pengaruh Pendapatan Premi, Hasil Underwriting, Hasil Investasi Dan Risk Based Capital Terhadap Laba Perusahaan Asuransi (Studi Empiris pada Perusahan Asuransi yang Terdaftar di Bursa Efek Indonesia periode 2011-2015). JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 7(1).
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Suranto, V. A. M., & Walandouw, S. K. (2017). Analisis pengaruh struktur modal dan kinerja keuangan terhadap nilai perusahaan pada perusahaan perbankan di bursa efek indonesia. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 5(2), 1031-1040.
Syafrina, I. (2016). Pengaruh pendapatan premi, beban klaim dan Hasil investasi terhadap laba perusahaan Asuransi syariah pada pt. Asuransi allianz life Indonesia tbk., Skirpsi. Fakultas Ekonomi, Universitas Pamulang. Tangerang Selatan.
Widarjono, A. (2013). Ekonometrika Pengantar dan Aplikasinya disertai Panduan Eviews. UPP STIM YKPN.Yogyakarta.
Wuwungan, R., Setyarso, B., Djaelani, F., & Usman, M. (2015), Industri Perasuransian Indonesia Menuju Harmonisasi dalam Masyarakat ekonomi ASEAN. Indonesian Senior Executives Association, Jakarta.

Downloads

Published

2021-05-05

Issue

Vol. 2 No. 2 (2021): Dinasti International Journal of Economics, Finance & Accounting (May - June 2021)

Section

Articles

License

Authors who publish their manuscripts in this journal agree to the following conditions:

  1. The copyright on each article belongs to the author(s).
  2. The author acknowledges that the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
  3. Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA).