scholarly journals ANALISA PENERAPAN PRAKTEK REASURANSI PADA PERUSAHAAN ASURANSI SYARI�AH DI INDONESIA

2019 ◽  
Vol 12 (1) ◽  
pp. 1
Author(s):  
Maryasin Abdul Hamid ◽  
Hendri Tanjung ◽  
Trisiladi Supriyanto
Keyword(s):  
Insurance Companies ◽  
Primary Data ◽  
Insurance Company ◽  
Muslim Community ◽  
Is Research ◽  
General Insurance ◽  
Qualitative Descriptive ◽  
Technical Division ◽  
The Republic ◽  
Quantitative Descriptive

This research was carried out in connection with the development of insurance business based on shari�a today is very fast and therefore very important to understand by the Muslim community, especially with respect to the mechanism of the operation of the Shari�a Insurance company. One aspect of the technical field of the insurance company is the reinsurance management unit, especially in the shari�a insurance company. then the need for research by doing "Analysis of the implementation of reinsurance practices in shari�a insurance companies in Indonesia" (the study conducted on the technical division of PT Asuransi Takaful Umum, Head Office), the first shari�a general insurance company in Indonesia. The issues raised are how to know the mechanism of Aqad in shari�a insurance company, as well as the relation of Aqad with the practice of reinsurance program. Therefore it is important to understand the application of the Aqad in shari�a insurance company as well as to understand the practices of reinsurance in Sharia Insurance Company, by combining the Aqad used in shari�a insurance company with the practices of reinsurance program which is subject to the provisions of the Law of the Republic of Indonesia Number 40 Year 2014 on Insurance and Fatwa of Dewan Syariah Nasional - Majelis Ulama Indonesia (DSN-MUI).� Metode of research used is Research Method Qualitative, the method used to analyze problems both analyzing qualitative descriptive and quantitative descriptive. By sourced from primary data relating to documents of reinsurance program of PT. Asuransi Takaful Umum in 2016, as well as data obtained by observation both through informants and interviews. Such Analysis is suggested for other shari�a insurance companies, to ensure the halalness of the implementation of shari�a insurance companies especially for Muslim community in Indonesia as it�s customers.

scholarly journals Job Satisfaction of the Employees of the General Insurance Companies in Bangladesh

2016 ◽  
Vol 5 (1) ◽  
pp. 7-18
Author(s):  
Mohammad Jashim Uddin ◽  
Md. Masud Chowdhury ◽  
Masuma Yasmin ◽  
Aklima Akter
Keyword(s):  
Job Satisfaction ◽  
Job Security ◽  
Insurance Companies ◽  
Primary Data ◽  
Insurance Company ◽  
General Insurance ◽  
Team Spirit ◽  
Positive Feelings ◽  
Strongly Agree ◽  
Negative Feelings

This study investigates the employees’ job satisfaction of general insurance companies in Bangladesh. A questionnaire was utilized to collect primary data from both public and private general insurance companies. The first part of the questionnaire comprises of the demographic profile of the respondents and the last part indicates the key measuring variables on a Likert scale ranging from 5 (strongly agree) to 1 (strongly disagree) of job satisfaction. The total number of respondents for this study was 385. 74.80 percent of the total respondents have taken from the private general insurance companies, and the remaining percentage from the public general insurance company. 70 percent of the total respondents were male respondents, and 30 percent of the total respondents were female respondents. Factor analysis and correlation matrix have been conducted to analyze the collected data. This study postulates that employees of general insurance companies have positive as well as negative feelings. Three factors reflect positive feelings toward their jobs. These factors are pay and promotional potential, the well-organized chain of command and general working condition. On the other hand, two factors are responsible for negative feelings. These factors are poor team spirit and poor job security. This paper also advocates some recommendations to maximize the positive feelings and to minimize the negative. The proper higher authority should ensure participating decision method to take any decision, the fair delegation, and direct relationship with sub-ordinates to enhance the team spirit for minimizing the dissatisfaction of the employees and should ensure the job security of the employees to get their best effort to achieve the organizational goal.

Managing uncertainty in a general insurance company

1990 ◽  
Vol 117 (2) ◽  
pp. 173-277 ◽  
Author(s):  
C. D. Daykin ◽  
G. B. Hey
Keyword(s):  
Computer Model ◽  
Flow Model ◽  
Insurance Companies ◽  
Simulation Methods ◽  
Insurance Company ◽  
Practical Applications ◽  
General Insurance ◽  
Alternative Approaches ◽  
The Impact

AbstractA cash flow model is proposed as a way of analysing uncertainty in the future development of a general insurance company. The company is modelled alongside the market in aggregate so that the impact of changes in premium rates relative to the market can be assessed. An extensive computer model is developed along these lines, intended for use in practical applications by actuaries advising the management of genera1 insurance companies. Simulation methods are used to explore the consequences of uncertainty, particularly in regard to inflation and investments. Some comments are made on the role of actuaries in general insurance. Alternative approaches to describing the behaviour of an insurance firm in the market are considered.

scholarly journals THE ROLES OF OTORITAS JASA KEUANGAN TO OVERCOME FICTIVE INVESTMENT BENGKULU CITY

2018 ◽  
Vol 3 (1) ◽  
pp. 41-53
Author(s):  
Herawan Sauni ◽  
Dimas Dwi Arso
Keyword(s):  
Task Force ◽  
Secondary Data ◽  
Empirical Approach ◽  
Primary Data ◽  
Research Report ◽  
Is Research ◽  
Qualitative Descriptive ◽  
Set Up

This research is purpose to know the role of Otoritas Jasa Keuangan in overcome fictitious investment in Bengkulu city and To know the efforts of Otoritas Jasa Keuangan to protect the consumers that take fictitious investment in Bengkulu city. This research uses empirical approach, that is research in the place by using interviews to get answers about the role of Otoritas Jasa Keuangan to overcome fictitious investment in Bengkulu city and the efforts of Otoritas Jasa Keuangan to protect consumers that has done fictitious investment in Bengkulu City. This research uses two types of data,that is primary data and secondary data. Then, its data to be analyzed in a research report that is qualitative descriptive. The results of the research is the role of Otoritas Jasa Keuangan to  overcome fictitious investment in Bengkulu City that is preventive and repressive efforts. The preventive efforts for example to socializing and educating people to alert investment and coordinating with law enforcers and other regulators. The repressive efforts, for example set up an Alert Investment task force in every area. Then the efforts of Otoritas Jasa Keuangan to protect consumers that have  fictitious investment in Bengkulu City is regulated in POJK Number 1 / POJK.07 / 2013 about Perlindungan Konsumen Sektor Jasa Keuangan

scholarly journals THE IDENTIFICATION OF OCCURRENCE AND COMPOSITION OF HAZARDOUS MEDICAL WASTE AT DEPOK CITY PUBLIC HEALTH CENTER

2020 ◽  
Vol 8 (1) ◽  
pp. 440-447
Author(s):  
Sirin Fairus ◽  
Siti Rohajawati ◽  
Prismita Nursetyowati ◽  
Diki Surya Irawan ◽  
Deffi Ayu Puspito Sari
Keyword(s):  
Public Health ◽  
Health Center ◽  
Hazardous Waste ◽  
Metal Content ◽  
Medical Waste ◽  
Primary Data ◽  
Number Of Patients ◽  
Qualitative Descriptive ◽  
The Republic ◽  
Descriptive Method

Purpose of the study: Hazardous solid medical waste, contains infectious, pathologic, sharp objects, pharmaceuticals, cytotoxic, chemical, radioactive, pressurized containers, and has a high heavy metal content and endangering the community. The Minister of Environment and Forestry of the Republic of Indonesia No.56 of 2015 regulates hazardous waste, but the study of the implementation and compliance with the regulation are still limited. Methodology: Qualitative descriptive method is carried out to describe and explain the condition of variables contained in the object of research. Main Findings: In general, the health center in Depok has carried out sorting consisting of sharp medical waste and non-sharp and reduced hazardous waste. The composition of non-sharp hazardous medical waste ranges from 55% to 96%. Applications of this study: Primary data collection was carried out in 11 Health Center in 11 sub-districts of Depok City. Novelty/Originality of this study: The number of sub-district residents does not always determine the average number of patients coming from the health center which ranges from 100-300 patients. With the average number of patients coming in at 300 people/day, Cipayung health center produced 1,821 grams/day, in contrast to Pancoran Mas and Sukmajaya which produced 2,398 and 3,357.

scholarly journals AN EXPLORATORY RESEARCH STUDY OF MARKETING STRATEGIES OF IDBI FEDERAL INSURANCE CO. LTD

2021 ◽  
pp. 478-483
Author(s):  
Himanshi Goyal ◽  
Dr. Navneet Joshi ◽  
Sanjive Saxena
Keyword(s):  
Life Insurance ◽  
Coming Out ◽  
Research Study ◽  
Research Work ◽  
Marketing Strategies ◽  
Insurance Companies ◽  
Primary Data ◽  
Exploratory Research ◽  
Insurance Company ◽  
Insurance Cover

This paper is covers the exploratory research study on the marketing strategies of IDBI Federal Insurance, Company. In the Indian context, Insurance companies are playing a major role in the development of Indian economy. With the entry of many private players in the insurance industry, the competition has risen manifold and hence insurance companies are coming out with innovative marketing strategies to woo the customer. This was the reason for narrowing down the scope of the research work. The present paper is an exploratory research study on the marketing strategy of IDBI Federal Insurance Company. The paper seeks to address the following objectives (a) To determine the marketing strategies of IDBI Federal Life Insurance Co. Ltd (b) To determine the means and mechanism deployed by IDBI Federal Life Insurance Co. Ltd. Applying the marketing mix and to determine the effectiveness of the strategy and (c) to understand the reasons which provide competitive advantage to IDBI Federal Life Insurance Co. Ltd. The paper is developed on the basis of elementary primary and secondary data available in the Internet and other documents and journals. The design of the paper follows a structured approach. The literature review resulted in the generation of the research objectives. The primary data was collected by means of Google Forms and MS Excel was used for data analysis. Descriptive Statistics is used to arrive at the findings and interpretation. The findings indicate that the majority of the people seek insurance cover for the purpose of having risk cover and availing several benefits associated with the life insurance policies. Further, the findings indicate that there is a need to capitalize social media platform for generating awareness to drive the market growth. KEY WORDS: IDBI, Insurance, Marketing, Policies, Strategies

Determinants of United Kingdom General Insurance Company Performance

2004 ◽  
Vol 10 (5) ◽  
pp. 1079-1110 ◽  
Author(s):  
Y. Shiu
Keyword(s):  
United Kingdom ◽  
Panel Data ◽  
Performance Measures ◽  
Panel Data Analysis ◽  
Ordinary Least Squares ◽  
Insurance Companies ◽  
Company Performance ◽  
Insurance Company ◽  
Data Set ◽  
General Insurance

ABSTRACTDynamic financial analysis has become one of the important tools that actuaries use to model the underwriting and investment operations of insurance companies. The first step in carrying out the analysis is to investigate the most important factors affecting company performance. This paper identifies the determinants of the performance of United Kingdom general insurance companies using a panel data set consisting of economic data and Financial Services Authority/Department of Trade and Industry returns over the period 1986 to 1999. Three performance measures are used to capture different aspects of insurance operations. These measures are related to a number of economic and firm specific variables, chosen on the basis of relevant theory and literature. An ordinary least squares regression model and two panel data models are estimated for each of three performance measures. This paper also addresses several important econometric problems that are usually ignored in applied work in the context of panel data analysis. Based on the empirical results, this study finds that liquidity, unexpected inflation, interest rate level and underwriting profits are statistically significant determinants of the performance of U.K. general insurers.

scholarly journals PERANAN MASJID DALAM MEMBENTUK KARAKTER AKHLAK MUSLIM MAHASISWA STSN

2019 ◽  
Vol 5 (1) ◽  
pp. 21-33
Author(s):  
Budi Siswanto
Keyword(s):  
Data Collection ◽  
Moral Character ◽  
Descriptive Study ◽  
Primary Data ◽  
Muslim Community ◽  
Religious Activities ◽  
Community Centers ◽  
Questionnaire Assessment ◽  
Qualitative Descriptive

Mosque which literally means "place of prostration" (in prayer). Mosques are also known as Islamic centers, Islamic community centers or Muslim community centers. During Ramadan, Muslims spend a lot of time at the masjid, or mosque, for special prayers and community events. The mosque is a very strategic place in shaping the morals of Muslim societies. STSN students are a part of the community located in the Istiqomah mosque of Bumi Sanapati campus. The Istiqomah Mosque has various kinds of religious activities which are managed by student administrators and are intended specifically for STSN students. This research is a qualitative descriptive study conducted by reviewing the literature, observations, interviews and primary data collection through questionnaires to STSN students. The results of this study indicate that the Istiqomah mosque carried out activities carried out by STSN students and the activities of the Istiqomah mosque played a role in shaping the Muslim morals of STSN students. The measurement values ​​of Muslim moral characters of STSN students conducted by distributing questionnaires showed that 34.83% of students stated that they were very suitable, 53.95% of students stated appropriate, 9.93% of students expressed doubts and 1.28% of students stated that they were inappropriate . From the results of the questionnaire assessment shows the activities of the Istiqomah mosque have a role in shaping the moral character of STSN students in the form of morals towards Allah, towards fellow humans and morals towards the environment.

scholarly journals Analisis Efisiensi Asuransi Umum Syariah di Indonesia Tahun 2013-2015: Aplikasi Metode Data Envelopment Analysis (DEA)

2017 ◽  
Vol 4 (9) ◽  
pp. 757
Author(s):  
Yulia Wahyu Ningsih ◽  
Noven Suprayogi
Keyword(s):  
Data Envelopment Analysis ◽  
Insurance Companies ◽  
Scale Efficiency ◽  
Data Envelopment ◽  
Insurance Company ◽  
Average Value ◽  
General Insurance ◽  
Decision Making Unit ◽  
Dea Analysis ◽  
Input Variables

This study aims to analyze the efficiency of sharia general insurance companies in Indonesia. The input variables used are total assets, expenses, and payment of claims, while the output variable is the income and tabarru’ funds. The method were used to measure the level of efficiency is the Data Envelopment Analysis (DEA) with the assumption of Variable Return to Scale (VRS) with input and output orientation. The samples are 12 sharia general insurance companies during 2013-2015. The results of the study indicate that the average result of DEA analysis for the entire DMU (Decision Making Unit) has not been efficient. The average value of economic efficiency (CRS) by 0.978, technically efficiency (VRS) for 0.925, and scale efficiency for 0.945. Source of inefficiency sharia insurance company is the scale of operations and management of input to output is not optimal.

scholarly journals Kesesuaian Operasional Produk Asuransi Syariah dengan Fatwa DSN MUI No:21/DSN-MUI/X/2001 (Studi Kasus AJB Bumiputera 1912 Cabang Surabaya)

2015 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Rian Rahmat Hidayat ◽  
Irham Zaki
Keyword(s):  
Rapid Development ◽  
Secondary Data ◽  
Primary Data ◽  
Insurance Company ◽  
Investment Funds ◽  
Wide Range ◽  
Qualitative Descriptive ◽  
Using Data ◽  
Made In

Sharia insurance in Indonesia has experienced a fairly rapid development since the promulgation of MUI fatwa number:21/DSN-MUI/X/2001 about sharia insurance. However, that is still questionable is does the sharia insurance company really run the product operational based on MUI fatwa.This study aims to determine whether product operational of sharia insurance of AJB Bumiputera1912 is in conformity with the sharia rules to follow six indicator akkad, premi, claims, investment, reinsurance, and management of the fund from MUI fatwa or not.The research method is used is a case study with a qualitative descriptive approach. The data used in this study is that the data derived from primary data obtained from fieldwork and secondary data derived from the literature and a wide range of written document. This study using data derived from the management of sharia insurance AJB Bumiputera 1912 in the branch of Surabaya and sharia insurance participants of AJB Bumiputera 1912.The results of this research is operational products of sharia insurance of AJB Bumiputera 1912 were in accordance with Indonesian Ulama Council fatwa DSN Number:21/DSNMUI/X/2001. The suitability reflected from the existence of akkad tabarru’ and akkad tijarah as investment funds (mudharabah), management of premium funds based on sharia, claims fund based on first contract, investment made in accordance with the mandate of participants, then reinsurance process done only to sharia-based reinsurance company.

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