scholarly journals PENGARUH PENYELESAIAN KLAIM ASURANSI TERHADAP PENCAPAIAN TARGET PENJUALAN PRODUK ASURANSI AJB BUMIPUTERA 1912 CABANG BENGKULU

2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Sri Handayani
Keyword(s):  
Correlation Coefficient ◽  
Insurance Premium ◽  
Insurance Claims ◽  
Insurance Product ◽  
Insured Person ◽  
Product Sales ◽  
Observation Period

Sri Handayani; Insurance claims are the demands of the insured party in connection with the contract between the insurer with the insured person that each of the parties bind themselves to guarantee the payment of compensation by penaggung if insurance premium payments have been made by the insured party, when the disaster suffered by the insured person. This study aimed to examine the effect of the settlement of insurance claims against insurance product sales target AJB BUMIPUTERA 1912 Cabang Bengkulu. The sample in this study is the settlement of insurance claims and insurance product sales target AJB BUMIPUTERA 1912 Cabang bengkulu observation period of 5 years. The method used is the correlation coefficient. These results indicate that a growing number of insurance claims are settled, the higher the achievement of sales of insurance products offered AJB BUMIPUTERA 1912 cabang Bengkulu.Key words: Insurance claims

An Evaluation of the New Japanese Bonus–Malus System with No-claim and Claimed Subclasses

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Mahito Okura ◽  
Takuya Yoshizawa ◽  
Motohiro Sakaki
Keyword(s):  
Simulation Analysis ◽  
Insurance Premium ◽  
Automobile Insurance ◽  
Insurance Claims ◽  
Present Value ◽  
Time Discount

AbstractThe purpose of this research is to evaluate the new Japanese Bonus–Malus System (BMS 2012) in automobile insurance, which is an unusual system wherein both no-claim and claimed subclasses exist. To evaluate BMS 2012, we conduct a simulation analysis and compare BMS 2012 with the former Japanese BMS (BMS 2009) in terms of the present value of the total insurance premium that is closely related to the frequency of insurance claims. Based on the comparison, our main conclusion is that BMS 2012 offers more effects to lower the frequency of insurance claims than BMS 2009 does when the policyholders’ classes in BMS are high classes that evaluate as safety drivers, time discount and/or renewal rates are relatively low, and the policyholders’ risk averseness is large.

scholarly journals Legal Consequences of Late Payments in Payment of the Insurance Premium // Pravne posljedice docnje u plaćanju premije osiguranja

2018 ◽  
Vol 8 (8) ◽  
pp. 102
Author(s):  
Slobodan Stanišić
Keyword(s):  
Life Insurance ◽  
Insurance Coverage ◽  
Insurance Premium ◽  
Insurance Contract ◽  
Insured Person ◽  
Legal Consequences

The paper discusses the legal consequences that may occur when the insured person late or do not fulfill the obligation to pay premiums. Failure to pay premiums on time and in the manner as provided by the insurance contract or by law, affect the beginning of life insurance coverage, and thus the existence of insurers liability to indemnify or pay the insured sum at the occurrence of an event that is insured case.

Civil Law Consequences of the Non-Adjustment of an Insurance Product by the Distributor to the Demands and Needs of a Customer

2019 ◽  
Vol 3 (100) ◽  
pp. 18-35 ◽  
Author(s):  
Bartosz Kucharski
Keyword(s):  
Civil Law ◽  
Insurance Premium ◽  
Insurance Contract ◽  
Legal Remedy ◽  
Insurance Product ◽  
Dependent Agents ◽  
Fault Liability

According to the author, only in certain situations may the non-adjustment of insurance products to the demands and needs of the customer lead to the invalidity of insurance contract terms, or be remedied by the interpretation thereof in favour of the customer. Thus, the basic legal remedy which can be used by the customer in such case is to claim damages from the distributor. As a rule, distributors assume contractual liability based on the presumption of fault: in the case of brokers arising from brokerage contract, and in case of other distributors from obligations specified in the provisions of the Insurance Distribution Act. Insurers bear tortious non-fault liability for the activities of their dependent agents. Basically, clients may claim full damages according to the so called “difference theory”. In many cases however the damages will be restricted to the value of the overpaid insurance premium.

OSIGURANjE ŽIVOTA

2021 ◽  
pp. 19-39
Author(s):  
Zoran Miladinović ◽  
Keyword(s):  
Life Insurance ◽  
Insurance Premium ◽  
The Other ◽  
Insurance Companies ◽  
Eu Countries ◽  
Insured Person ◽  
Traditional Function ◽  
The Law ◽  
The Republic ◽  
Developed World

Life insurance is the field of insurance which covers all those types of insurance where the occurrence of the insured accident is connected to a certain event in the life of the insured person. There are two basic types of life insurance: life insurance in case of death of the insured person and annuity insurance in case the insured person lives longer, t.i beyond the insured life term. Life insurance is the insurance where the insurer for a certain insurance premium assumes the obligation to pay to the insured person or the other beneficiary designated by the insured person a certain sum of money in case of his death or annuity installments in case he lives longer then the agreed life term. Although originally, life insurance was forbidden and was considered to be an unethical legal activity, today life insurance is accepted in legislations and in practice worldwide and it has been proven as a very beneficial and justified institute. This type of service is offered by insurance companies with an investment aspect which allows life insurance to keep its traditional function (protection from various risks – death, disability, life longer than the agreed insurance term), but also to have a wider, macroeconomic function in the form of savings and investment. This service has not been widely accepted in the Republic of Serbia although it is regulated by both the Law on insurance and the Law of contract and torts. In the 1990s it almost ceased to exist, while nowadays it started to revive, but with far less cases than in EU countries and other countries of developed world.

scholarly journals ESTIMASI NILAI KERUGIAN DAN PREMI ASURANSI BANGUNAN AKIBAT BANJIR SUNGAI CITARUM DI KELURAHAN BALEENDAH BANDUNG

2017 ◽  
Vol 9 (1) ◽  
pp. 79
Author(s):  
Iin Irianingsih ◽  
Sukono Sukono ◽  
Forman Ivana S. S. S.
Keyword(s):  
Regression Analysis ◽  
Moisture Absorption ◽  
Least Squares Method ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Insurance Premium ◽  
Model Parameters ◽  
Loss Of Life ◽  
Insurance Product ◽  
Premium Calculation

High rainfall and a lack of soil moisture absorption, often causing over flowing rivers which leads to floods. Flooding due to over flow of Citarum river is a frequent disasters in the district of Bandung which cause losses ranging from loss of property, damage to homes, diseases to loss of life. In this paper discussed about how to estimate loss cost and insurance due to flooding of the Citarum river. In this case alleged that the losses of Citarum floods affected by heads of family suffering, submerged homes, household damages and field damages. Multiple linear regression analysis was used to estimate the loss cost, which used least squares method for estimating model parameters. Mixture of analysis was used to calculate the insurance premium which considered the zone region, social class, loading factor and regulations set by  OJK. The results indicate the loss cost is affected by household damage, whileother factors are not significant. Whereas, average premium is 0.5 % of insured amount by calculating the loss cost due to flooding of Citarum river. Based on estimates of loss cost and premium calculation, obtained insurance product in accordance of Baleendah condition.

scholarly journals ANALISIS PARAMETER RADAR DUAL POLARISASI PADA KEJADIAN HUJAN TANGGAL 14 FEBRUARI 2016 DI WILAYAH DKI JAKARTA

2016 ◽  
Vol 17 (1) ◽  
pp. 37 ◽  
Author(s):  
Rini Mariana Sibarani ◽  
Ari Nugroho ◽  
Samba Wirahma
Keyword(s):  
Grain Size ◽  
Correlation Coefficient ◽  
Phase Difference ◽  
Satellite Data ◽  
Rainfall Event ◽  
Output Parameter ◽  
Droplet Concentration ◽  
Intensive Observation ◽  
Observation Period

IntisariRadar Dual Polarisasi digunakan pada kegiatan Intensive Observation Periode (IOP) yang dilaksanakan pada tanggal 18 Januari  - 16 Februari 2016 di Puspiptek Serpong. Berdasarkan data hujan dari satelit TRMM tanggal 14 Februari 2016 terpantau kejadian hujan di wilayah Jakarta Timur dan Jakarta Selatan dengan intensitas 30–40 mm/h pada siang hingga sore hari. Kejadian hujan ini menyebabkan adanya genangan di beberapa titik di wilayah tersebut. Jika dilihat dari parameter keluaran radar, pada saat terjadi hujan maka nilai untuk setiap parameter sebagai berikut; untuk parameter rain terukur sebesar 20–30 mm/h. Parameter reflektivitas (Zh) berkisar 25-35 dBz yang menunjukkan bahwa hujan yang terjadi adalah hujan dengan sifat moderate, parameter Zdr berkisar 2–2,5 menunjukkan ukuran butir droplet hujan (D) > 2 mm , parameter beda perambatan fase (fdp) berkisar 200–250 dan nilai beda spesifik fase (Kdp) berkisar 0.4–2 yang membuktikan bahwa konsentrasi droplet hujan di wilayah tersebut cukup tinggi, serta nilai parameter koefisien korelasi (rhv) sebesar 0.85–1 yang menandakan bahwa partikel yang tertangkap radar adalah partikel hidrometeorologi. Parameter terakhir, kecepatan (V) bernilai positif 0–10 m/s yang menandakan partikel bergerak menjauhi radar dengan kecepatan yang tidak terlalu besar.   AbstractDual Polarization Radar is used on Intensive Observation Period (IOP) activities that was held on Januari 18 – Februari 16, 2016 at Puspiptek Serpong. Based on TRMM satellite data on February 14 2016, rainfall event is observed in East Jakarta and South Jakarta with the intensity of 30-40 mm/h in the afternoon. This rainfall caused inundation at some point in the region. When viewed from the radar output parameter during rain, the values for each parameter as follows; Rain ranges from 20-30 mm/h. Reflectivity (Zh) ranges from 25-35 DBZ which showed that the rain occurred was the rain with moderate nature, ZDR ranges from 2-2.5 indicates the grain size droplet of rain (D)> 2 mm, different propagation phase (fdp) ranges from 200-250 and the specific value of the phase difference (KDP) ranges from 0.4-2, which proves that the droplet concentration of precipitation in the region is quite high, and the value of the correlation coefficient (rhv) of 0.85-1 indicating that the particles which is captured by radar are hydrometeorology particles. Last parameter, velocity (V) is positive 0-10 m/s which indicates that the particles moves away from the radar at a not too large pace. 

OSIGURANjE LICA OD POSLEDICA NESREĆNOG SLUČAJA (NEZGODE)

2021 ◽  
Author(s):  
Zoran Miladinović ◽  
Keyword(s):  
Insurance Premium ◽  
Insurance Contract ◽  
Accident Insurance ◽  
Insurance Companies ◽  
Basic Rule ◽  
Income Loss ◽  
Property Insurance ◽  
Insurance Contracts ◽  
Insured Individual ◽  
Insured Person

Accident insurance, together with life insurance are two basic types of individual insurance traditionally covered by insurance law. In this kind of insurance, the insurer for a certain insurance premium, assumes the obligation to pay the insured sum to the insured individual or other beneficiary if, during the insurance contract, the insured person or other beneficiary sustains injury or even death as a result of the accident covered by the insurance contract, as well as to reimburse the costs of medical treatment and income loss as a result of temporary work disability, if foreseen by the contract. The basic rule in accident insurance is that, in case of the accident covered by the contract, the insured person will receive the insured sum agreed in the contract, and not the reimbursement of the incurred expenses or losses. Only in rare cases this type of insurance has the elements of property insurance – only in cases when the insured is entitled, in addition to the insured sum, to reimbursement of medical expenses and income loss. Today, the insurance of the individuals against accidents is widely used. It is a specific type of services offered by insurance companies. From the original accident insurance contracts signed on voluntary bases, we have come long way to have a large number of mandatory accident insurances, which is mostly the result of the growing number of occupations with the risk of accidents. It is obvious that beneficiaries of this type of insurance have realized that for a relatively small amount of premium, they will receive protection if they suffer from unexpected accidents that may result in physical injuries, even fatalities.

scholarly journals PELAKSANAAN KLAIM PRODUK ASURANSI JP-ASTOR PADA PT. JASARAHARJA PUTERA CABANG PADANG

2019 ◽  
Author(s):  
Ratna Widayati ◽  
Insani
Keyword(s):  
Service Quality ◽  
Old Age ◽  
Insurance Premium ◽  
Insurance Companies ◽  
Insurance Claim ◽  
Excellent Service ◽  
Insured Person ◽  
Definition Of ◽  
Insurance Agreement

Insurance has a very important role in providing certainty protection for people, both commercial and non commercial, insurance can provide protection in the form of education, health, old age, death and property. Which is a necessity of life that is not less important in this era of globalization is the need for insurance services. The definition of insurance under KUHD 246 states that "insurance or coverage is an agreement by which the insurer strikes himself to an insured, accepting a premium, for replacement to him for an event that is not certain".Insurance companies have excellent service quality in serving the Customer including in serving insurance claims, because the quality of this service will be a benchmark for customers if they will use the same service, including for service claims. "Insurance Claim is a claim from the insured party in connection with the existence of the contract between the insurance agreement with the insured person who each party bind themselves to guarantee payment of compensation by the insurer if the insurance premium payment has been made by the insured, when the accident happened suffered by the insured party ".

scholarly journals Validation of an Accelerometer Sensor-Based Collar for Monitoring Grazing and Rumination Behaviours in Grazing Dairy Cows

Animals ◽  
2021 ◽  
Vol 11 (9) ◽  
pp. 2724
Author(s):  
Muhammad Wasim Iqbal ◽  
Ina Draganova ◽  
Patrick C. H. Morel ◽  
Stephen T. Morris
Keyword(s):  
Dairy Cows ◽  
Real Time ◽  
Correlation Coefficient ◽  
Visual Observation ◽  
Accelerometer Sensor ◽  
Daily Observation ◽  
Observation Session ◽  
Time Basis ◽  
Grazing Dairy Cows ◽  
Observation Period

This study evaluated the accuracy of a sensor-based device (AfiCollar) to automatically monitor and record grazing and rumination behaviours of grazing dairy cows on a real-time basis. Multiparous spring-calved dairy cows (n = 48) wearing the AfiCollar were selected for the visual observation of their grazing and rumination behaviours. The total observation period was 36 days, divided into four recording periods performed at different times of the year, using 12 cows in each period. Each recording period consisted of nine daily observation sessions (three days a week for three consecutive weeks). A continuous behaviour monitoring protocol was followed to visually observe four cows at a time for each daily observation session, from 9:00 a.m. to 5:00 p.m. Overall, 144 observations were collected and the data were presented as behaviour activity per daily observation session. The behaviours visually observed were also recorded through an automated AfiCollar device on a real-time basis over the observation period. Automatic recordings and visual observations were compared with each other using Pearson’s correlation coefficient (r), Concordance correlation coefficient (CCC), and linear regression. Compared to visual observation (VO), AfiCollar (AC) showed slightly higher (10%) grazing time and lower (4%) rumination time. AC results and VO results had strong associations with each other for grazing time (r = 0.91, CCC = 0.71) and rumination time (r = 0.89, CCC = 0.80). Regression analysis showed a significant linear relationship between AC and VO for grazing time (R2 = 0.83, p < 0.05) and rumination time (R2 = 0.78, p < 0.05). The relative prediction error (RPE) values for grazing time and rumination time were 0.17 and 0.40, respectively. Overall, the results indicated that AfiCollar is a reliable device to accurately monitor and record grazing and rumination behaviours of grazing dairy cows, although, some minor improvements can be made in algorithm calibrations to further improve its accuracy.

scholarly journals PENENTUAN CADANGAN PREMI UNTUK ASURANSI PENDIDIKAN

2015 ◽  
Vol 4 (1) ◽  
pp. 14
Author(s):  
MADE PUTRI ARIASIH ◽  
KETUT JAYANEGARA ◽  
I NYOMAN WIDANA ◽  
I PUTU EKA N. KENCANA
Keyword(s):  
Interest Rate ◽  
Secondary Data ◽  
Insurance Premium ◽  
Insurance Company ◽  
Data Product ◽  
Insurance Product ◽  
Single Premium ◽  
Value Net ◽  
Insurance Data ◽  
Monthly Premium

This aims of this research is determine the insurance premium reserve for education with retrospective calculations and determine the premium reserves who acquired during the period of guarantee for insurance education. This research  observes the premium reserve for persons aged 40 years with a coverage period of 17 years. The secondary data used is an education insurance data product  from the insurance company that issued the insurance product. Premium reserve is determined by using the retrospective calculation, the calculation using the annuity value, net single premium value, net annual premiums, the value of net monthly premium, CSO 1980 mortality and fixed interest rate at 9%. Retrospective calculations produce a faster value backup  and sequentially in each year. The results showed that the premium reserve with retrospective calculation should be close up to the cash price owned by insurance company and must be the same at the end of the insurance period is Rp 7.000.000,00.

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