scholarly journals PENGARUH RISK BASED CAPITAL TERHADAP PROFITABILITAS PADA PERUSAHAAN ASURANSI JIWA

2017 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Tevi Leviany ◽  
Wiwin Sukiati
Keyword(s):  
Life Insurance ◽  
Government Regulation ◽  
Pearson Correlation ◽  
Descriptive Analysis ◽  
T Test ◽  
Coefficient Of Determination ◽  
Insurance Company ◽  
Analysis Method ◽  
Life Insurance Company ◽  
The Government

Abstract. The writer conducted this research to know the influence of Risk Based Capital (RBC) towards profitability of life-insurance company. According to the Government Regulation, Regulation of the Minister of Finance of Republic of Indonesia Number 424/KMK/.06/2003, decidedthe solvability level to determine the level of Risk Based Capital (RBC) achieved by every insurance company, was ≥ 120%. RBC that is owned by insurance company would influence the result of its profitability level. The purpose of this research was to find out the influence of Risk Based Capital towards Profitability of Life-Insurance Company, PT. BNI Life Insurance year 2007-2011. The method used in this research was descriptive analysis method and the use of statistics. The hypothesis testing used t-test. The data analysis used linear regression statistics, Pearson correlation, and coefficient of determination.  The t-test showed that Risk Based Capital did not give significant influence towards profitability. The result could be observed in the analysis of determination coefficient which showed r value was 0.0231 or 2.31%. It means that there was a correlation of Risk Based Capital towards Profitability, but it was not too significant.    Keywords: risk based capital;  profitabilityAbstrak. Pada penelitian ini, penulis ingin menguji pengaruh Risk Based Capital (RBC) terhadap profitabilitas perusahaan asuransi jiwa. Risk Based Capital (RBC) adalah suatu ukuran  yang menginformasikan tingkat keamanan financial atau kesehatan suatu perusahaan asuransi. Semakin besar rasio kesehatan RBC perusahaan asuransi, maka semakin sehat kondisi financial perusahaan tersebut. Peraturan pemerintah melalui Keputusan Menteri Keuangan No 424/KMK.06/2003 menetapkan batas tingkat solvabilitas untuk menentukan tingkat risk based capital (RBC) yang harus dicapai setiap perusahaan asuransi, yaitu ≥ 120%. RBC yang dimiliki perusahaan asuransi akan mempengaruhi tingkat profitabilitas yang dihasilkan. Tujuan penelitian ini untuk mengetahui apakah Risk Based Capital berpengaruh terhadap Profitabilitas pada perusahaan asuransi jiwa PT. BNI Life Insurance . Metode yang digunakan dalam penelitian ini adalah metode analisis deskriptif dan penggunaan statistik. Pengujian hipotesis menggunakan uji t. Penganalisaan data menggunakan statistik regresi linier, korelasi Pearson, dan koefisien determinasi.  Hasil Uji t menunjukkan bahwa Risk Based Capital tidak berpengaruh secara  signifikan terhadap Profitabilitas. Hasil ini dapat dilihat pada analisis koefisien determinasi, nilai r sebesar 0,0231 atau 2,31% yang berarti terdapat hubungan antara Risk Based Capital terhadap Profitabilitas, namun tidak terlalu signifikan.Kata Kunci: risk based capital;  profitability

scholarly journals PENGARUH PENDAPATAN ASURANSI TERHADAP LABA NETO PADA ENAM PERUSAHAAN ASURANSI JIWA SYARIAH DI INDONESIA

2020 ◽  
Vol 5 (1) ◽  
pp. 67
Author(s):  
Itang Itang ◽  
Lisna Nur Apifah
Keyword(s):  
Life Insurance ◽  
Secondary Data ◽  
Insurance Companies ◽  
Coefficient Of Determination ◽  
Insurance Company ◽  
Net Income ◽  
Life Insurance Company ◽  
Significance Level ◽  
Net Profit ◽  
Independent Variable

Profit or loss is usually used to assess the performance of the company's performance The main factor in determining the size of the profit is income where the size of the profit is an indicator of success or failure of management in managing the company. The formulation of the problems in this study are: 1). What is the effect of insurance income on net income of 6 Islamic life insurance companies in Indonesia?, 2). How big is the effect of insurance income on the net profit of 6 Islamic life insurance companies in Indonesia? The purpose of this study is 1). To find out whether there is an effect of insurance income on net income of 6 Islamic life insurance companies in Indonesia, 2). To find out how much influence the insurance income has on net income of 6 Islamic life insurance companies in Indonesia. The method used in this study is a quantitative method that uses a classic assumption test, hypothesis testing, correlation coefficient test and coefficient of determination test. The data used are secondary data obtained by the official website of a life insurance company. The results showed that the independent variable of insurance income had a significant effect on net income, t table of 2.04841. Because the tcount> ttable = 6.525> 2.04841 and a significance level of 0.000 because the significance value was less than 0.05 then it could be concluded that Ho was rejected and Ha was accepted .From testing the coefficient of determination (R Square) or the coefficient of determination that is equal to 0.599 so that the magnitude of the influence of Insurance Revenues on Net Profit of 0.599 = 59.9%

scholarly journals PENGARUH DANA INVESTASI TERHADAP PENDAPATAN KONTRIBUSI (Studi pada Perusahaan Asuransi Jiwa Syariah Yang Terdaftar di Otoritas Jasa Keuangan Periode 2016-2018)

2020 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Hanafi Hanafi ◽  
Reviyanti Reviyanti
Keyword(s):  
Life Insurance ◽  
Financial Services ◽  
Degrees Of Freedom ◽  
Secondary Data ◽  
Insurance Companies ◽  
Coefficient Of Determination ◽  
Investment Fund ◽  
Insurance Company ◽  
Life Insurance Company ◽  
Investment Funds

From the financial data contained in the tabel, visible that the investment fund to the revenue contribution on the company�s insurance sharia in Indonesia from 2016-2018 years development experience fluctuating. This study was conducted to test how much influence the investement fund to the revenue contribution of the company�s insurance sharia in Indonesia with the object of research is a life insurance company sharia which are listed on the financial services authority (OJK). Of the sampel used as many as 10 life insurance companies sharian that meet the criteria of the sample period of this research is from year 2016 to 2018 The method used in this method is a quantitative method that uses the classical aasumption test, test hypotheses, and test the coefficient of determination. the data used is secondary data obtained from official company website life insurance sharia in Indonesia. Analysis tools in this study showed a simple regression analysis involving one independent variable as a predictor of the magnitude of the predicted value of the dependen variable. The statistical analysis used was software namely SPSS Version 16.0. The results showed that the independent variables of investment funds there is a significant influence on the revenue contribution, the results of this in view of the valie of the tinag amounted to 11.513 while the value of ttable obtained from the distribution table was sought at the significance of 5% degrees of freedom (df) n-k-l or 30-1-1 = 28 then obtained a ttable of 2.04841 Therefore tinag> ttable = 11.513 > 2.04841 and significant level 0.000, because the significance value is less than 0.05, it can be concluded that H0 is rejected and Ha is accepted. The relationship between funds investment revenue contributions categorized strong and the magnitutude of the influence of investment funds on accounted for 82.6% while the remaining 17.4% is influenced by other variables not examited. The hypothesis proposed in this study is Ho is rejected and Ha accepeted. It means that investment funds are significaltly positive effect on revenue contribution.

scholarly journals PENGARUH PENDAPATAN ASURANSI TERHADAP PENDAPATAN INVESTASI PADA PERUSAHAAN ASURANSI JIWA DI INDONESIA PERIODE 2014-2018

2020 ◽  
Vol 5 (1) ◽  
pp. 39
Author(s):  
Ratu Humaemah ◽  
Indah Yani
Keyword(s):  
Life Insurance ◽  
Degrees Of Freedom ◽  
Secondary Data ◽  
Business Owners ◽  
Insurance Companies ◽  
Coefficient Of Determination ◽  
Insurance Company ◽  
Life Insurance Company ◽  
Financial Investment ◽  
Investment Income

Abstract Sharia financing and investment activities in principle are activities carried out by property owners (Investors) towards business owners (Issuers) to empower business owners in conducting their business activities where the owner of assets (Investors) hopes to obtain certain benefits. Therefore, financing and financial investment activities are basically the same as other business activities, namely maintaining the principle of halal and fairness. The financial data shown in the table shows that insurance income and investment income in life insurance companies in Indonesia from 2014 to 2018 experienced fluctuating developments. The purpose of this study is to determine whether there is an influence of insurance income on investment income in Islamic life insurance companies in Indonesia. The method used in this study is a quantitative method that uses a classic assumption test, hypothesis testing, and the coefficient of determination test. The data used are secondary data obtained by the official website of a life insurance company. The results showed that the independent variable of insurance income had a significant effect on investment income, this result was seen from the tcount of 8,450 while the ttable obtained from the distribution table t was sought at the significance of 5%: 2 = 2.5% (two-way test) degrees of freedom (df) nk-1 or 30-1-1 = 28 we get t table of 2.04841. because tcount> t table = 8.450> 2.04841 with a significant level of 0.000, because the significant value is smaller than 0.050, it can be concluded that Ha is accepted. This means that insurance income has a positive effect on investment income. From testing the coefficient of determination of 0.708 = 70.8% means that insurance income can explain the effect on investment income of 70.8% and the remaining 29.2% is influenced by other variables not discussed in this study.

scholarly journals PELAYANAN ASURANSI JIWA SYARIAH: SUDAHKAH SESUAI HARAPAN?

2019 ◽  
Vol 17 (2) ◽  
pp. 303-324
Author(s):  
Ahmad Tibrizi Soni Wicaksono ◽  
Rio Trisasmita
Keyword(s):  
Life Insurance ◽  
Sampling Method ◽  
Cluster Sampling ◽  
Insurance Company ◽  
Analysis Method ◽  
Life Insurance Company ◽  
Customer Complaints ◽  
A Value ◽  
Level Of Satisfaction ◽  
Operational Activities

This study aims to analyze Gap on Islamic Life Insurance Services in DKI Jakarta by CARTER approach (Compliance, Assurance, Responsiveness, Tangibles, Empahty, Reliability), respondents in this study amounted to 150 respondents, using Cluster sampling method, this researcher use Importance Performance Analysis Method. The result of the research shows that the level of satisfaction between perception and expectation toward service to customers of Islamic Life Insurance in DKI Jakarta has a value of 97.22%, it indicates that there are still Gap on services provided by Islamic Life Insurance Company in DKI Jakarta especially on Hospitality employees in serving the customer, Ability to respond to problems arising, Ability to communicate with customers, Capacity quickly responsive to customer complaints, Use of equipment and technology in operational activities, and Application of Information technology.

scholarly journals Sistem Pertanggungan Pada Penjaminan Bancassurance oleh Asuransi X Syariah Menurut Konsep Kafālah

2020 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Nuraiza Zahara
Keyword(s):  
Life Insurance ◽  
Insurance Coverage ◽  
Descriptive Analysis ◽  
Minimum Amount ◽  
Insurance Company ◽  
Analysis Method ◽  
Cooperation Agreement ◽  
Insurance System ◽  
Insurance Agreement

<p>Cooperation agreement between the Bank and Insurance in the form of a bancassurance system the Bank transfers part of the risk that will arise to the Insurance. Such as the risk of debtor customer financing bottlenecks due to death, the risk borne by the Bank is transferred to the insurance company with life insurance coverage. Insurance agreement for debtor customers, Insurance applies a system based on the kafālah concept. This study explores how the insurance system between the customer and the Bank with the involvement of Insurance as a guarantor in the Bancassurance agreement and how the Islamic legal review of the insurance system carried out by the Insurance against the Bank with the Bancassurance agreement. This research uses descriptive analysis method, which describes or gives a description of the object under study through data or samples that have been collected. The conclusion of the research is that the coverage applied by the Insurance against the Bank is not in accordance with the true kafālah concept, the Insurance has paid the principal fund fully but does not pay the service fee in accordance with the minimum amount determined by the Bank. Based on the concept of insurance, the insurance should be obliged to fulfill everything that is the responsibility of the customer to the Bank, including compensation for services as stipulated. From the explanation above, the concept of kafālah applied by Insurance in its coverage of the Bank is still a mismatch between the concept and its application.</p>

scholarly journals PENGARUH PENDAPATAN ASURANSI TERHADAP DANA TABARRU� (STUDI PADA PERUSAHAAN ASURANSI JIWA SYARIAH YANG TERDAFTAR DI OJK PERIODE 2011-2018)

2019 ◽  
Vol 5 (2) ◽  
pp. 119
Author(s):  
Muhayati Muhayati ◽  
Budi Sudrajat
Keyword(s):  
Life Insurance ◽  
Quantitative Research ◽  
Degrees Of Freedom ◽  
Linear Regression Analysis ◽  
Insurance Companies ◽  
Coefficient Of Determination ◽  
Insurance Company ◽  
Life Insurance Company ◽  
Significance Level ◽  
Quantitative Research Methods

Insurance income is the amount of money the company receives from the sale of insurance products. Tabarru's fund is a voluntary giving of someone to another person, without compensation, which results in the transfer of ownership of the property from the giver to another person. Aside from premium income, tabaruu funds' also come from investment returns and the accumulation of surfaru underwriting reserves for tabaruu funds' which are redistributed to tabaruu funds'. Based on the background above the formulation of the problem, namely: 1). Is there an Influence between Insurance Income and Tabaruu Funds' on Sharia Life Insurance companies registered with OJK for the period 2011-2018.2). how much influence the Insurance Revenues of the Tabaruu Fund 'on Sharia Life Insurance companies registered in the OJK for the period 2011-2018. This study aims to 1). To find out the effect of insurance income on tabaruu funds' on Sharia Life Insurance companies registered with OJK for the period 2011-2018. 2). To find out how much influence Insurance Income has on Tabaruu Funds' on Sharia Life Insurance companies registered with OJK for the period 2011-2018. This research was conducted at a life insurance company registered with OJK in September to October 2019, with quantitative research methods, testing the hypothesis using simple linear regression analysis through the test (t) with the intent to determine the effect of the independent variables on the dependent variable. It can be concluded, there is a significant effect of the value of t_ (count) of 5.689 while the value of t_ (table) obtained from the distribution table t is sought at the significance of 5%: 2 = 2.5% (two-way test) degrees of freedom (df) nk-1 or 40-1-1 = 38, we get t table of 2.02439. because the value of t_ (count)> t_ (table) = 5.689> 2.02439 with a significance level of 0.005, because the significance value is much smaller than 0.005, it can be concluded that Ho is rejected Ha is accepted. The influence derived from the coefficient of determination (R-Square) of 0.760 means that the magnitude of the effect of insurance income on tabarru funds' 76.0% while the remaining 24.0% is explained by other factors not examined in this study.

scholarly journals Measuring the Financial Health Performance of Life Insurance Company in Indonesia: Case Study During the Period of Before and After the Implementation of Peraturan Otoritas Jasa Keuangan, Nomor 71 /Pojk.05/2016

2019 ◽  
Vol 3 (2) ◽  
pp. 64-71
Author(s):  
Wiwiek Mardawiyah Daryanto ◽  
Wawan Rahardianto
Keyword(s):  
Life Insurance ◽  
Financial Services ◽  
Descriptive Analysis ◽  
Insurance Companies ◽  
Insurance Company ◽  
Financial Health ◽  
Life Insurance Company ◽  
Health Performance ◽  
Before And After

Insurance is simply a risk management by transferring the risk of potential loss to an insurance company. By allowing risk to be spread among a large group of people, everyone will take benefits from insurance. Therefore, selecting strong insurance company is important to make sure that your sum assured or claim will be paid according to the policy term and condition. This research aims to measure, analyze, and compare the financial health performance of public listed life insurance companies in Indonesia namely PT Prudential Life Assurance (PLA) and PT AIA Financial (AIA) from 2013 to 2018 (temporary unaudited) by using 5 financial health aspects such as Solvability Level, Technical Reserve, Investment Adequacy, Equity and Guarantee Fund as regulate by The Financial Services Authority (Otoritas Jasa Keuangan – OJK) through POJK No.71/POJK.05/2016. This research is using descriptive analysis and paired t-test to validate the differences of financial aspects during the period of before (2013-2015) and after (2016-2018) the regulation issued. The results of this study show that PLA was performing the best for solvability level, equity and guarantee fund. And PLA must enhance the performance strategy for technical reserve by gaining more premium reserves, reserve claims, reserves on PAYDI and for investment adequacy need to add more non-investment cash saving in banks reserve with the adequacy amount higher than PLA technical reserves.

scholarly journals LIFE INSURANCE INDUSTRY IN INDIA-AN OVERVIEW

2016 ◽  
Vol 4 (10(SE)) ◽  
pp. 30-36
Author(s):  
N.Senthil Kumar ◽  
K. Selvamani
Keyword(s):  
Life Insurance ◽  
Insurance Industry ◽  
Insurance Companies ◽  
Effective Control ◽  
Insurance Company ◽  
Marine Insurance ◽  
Life Insurance Company ◽  
Insurance Sector ◽  
Life Insurance Industry ◽  
The Government

The first insurer of life was the marine insurance underwriters who started issuing life insurance policies on the life of master and crew of the ship, and the merchants. The first insurance policy was issued on 18th June 1583,on the life of WILLIAM GIBBONS for the period of 12 months. The oriental life insurance company is the first insurance companies in India which is started on 1818 by Europeans at Kolkata. The Indian Life Assurance Companies Act, 1912 was the first statutory measure to regulate life business. In 1928, the Indian Insurance Companies Act was enacted to enable the Government to collect statistical information about both life and non-life business transacted in India by Indian and foreign insurers including provident insurance societies. In 1938, with a view to protecting the interest of the Insurance public, the earlier legislation was consolidated and amended by the Insurance Act, 1938 with comprehensive provisions for effective control over the activities of insurers. In 1956 the life insurance companies was nationalized. The LIC absorbed 154 Indian, 16 non-Indian insurers as also 75 provident societies—245 Indian and foreign insurers in all. The LIC had monopoly till the late 90s when the Insurance sector was reopened to the private sector.

scholarly journals The Effect of Clarity on Budget Targets and Accounting Controls on Managerial Performance in Panin Sekuritas

2021 ◽  
Vol 4 (3) ◽  
pp. 93-97
Author(s):  
Miftah Fadil Nasution
Keyword(s):  
Control Systems ◽  
Descriptive Analysis ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
T Test ◽  
Coefficient Of Determination ◽  
Analysis Method ◽  
Managerial Performance ◽  
Goal Clarity ◽  
Accounting Control

This study aims to identify and understand the influence of Systems and Control Budget Goal Clarity Accounting against Managerial Performance in Panin Securities Company. The population in this study were all employees of PT. Panin Securities, Tbk branch of Iskandar Muda, Medan. Hypothesis testing using descriptive analysis method, statistical analysis method which consists of a multiple linear regression analysis, significant simultaneous testing (Test F), partial significance testing (t test) and test the coefficient of determination (R2). Results of this study indicate that the independent variable, ie a variable budget goal clarity and accounting control systems and a significant positive effect on managerial performance at PT. Panin Securities, Tbk. On testing simultaneously (Test F) note that the variable budget goal clarity and accounting control systems together positive and significant effect on managerial performance. In the partial test (t test) showed that the variables that budget goal clarity dominant influence on managerial performance at PT. Panin Securities where one unit increase in variable budget goal clarity will improve managerial performance by 0279, while the increase in one unit of accounting control system variables (X2) when compared with the effect of budget goal clarity variable (X1) will only improve managerial performance by 0.199.

Tuesday Evening

PMLA ◽  
1935 ◽  
Vol 50 (4) ◽  
pp. 1357-1357
Keyword(s):  
Life Insurance ◽  
Insurance Company ◽  
Life Insurance Company ◽  
Local Committee ◽  
Tuesday Evening

On Tuesday evening the members of the Association, and attending members of their families, were entertained with a buffet supper at the Queen City Club at 7:30 p.m. at the invitation of Messrs. Joseph S. Graydon, John J. Rowe, and other Cincinnati friends of the Association. Following this supper an entertainment arranged by the Local Committee was presented in the Hall of the Western and Southern Life Insurance Company. Attendance: about 900.

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