The Effect of Premium Income, Investment Returns, Claim Expenses, and Operating of Net Profit on Sharia Life Insurance Company

Authors

DOI:

https://doi.org/10.30659/ijibe.8.1.1-11

Keywords:

sharia insurance, sharia life insurance, Islamic finance

Abstract

Risk is a potential loss that a company cannot predict. However, risks can be mitigated by dividing or enduring each other. This research wants to re-examine the research gap with the same theme. This research uses quantitative methods with a descriptive approach. The results showed that premium income and investment returns partially affected net profit. In contrast, claim expenses and operating expenses did not have a significant effect on net profit. Then simultaneous test results show that Premium Income, Investment Returns, Claim Expenses, and Operating Expenses to Net Profit together or simultaneously have a significant effect on net profit in Sharia life insurance.

References

Amani, Z., & Markonah, M. (2020). The Influence of Premium Income, Underwriting and Investment Results On Profits Towards Joint Venture General Insurance Companies in Indonesia. 1(4), 1–15. https://doi.org/10.31933/DIJMS

Bayinah, A. N., Mardian, S., Mulyati, S., & Maulidha, E. (2019). Akuntansi Asuransi Syariah. Salemba Empat.

Camino-Mogro, S., & Bermúdez-Barrezueta, N. (2019). Determinants of profitability of life and non-life insurance companies: evidence from Ecuador. International Journal of Emerging Markets, 14(5), 831–872. https://doi.org/10.1108/IJOEM-07-2018-0371/FULL/XML

Haniva, L. (2018). Analisis Pengaruh Hasil Investasi, Underwriting, Beban Klaim, dan Beban Operasional terhadap Laba (Studi Empiris pada Perusahaan Asuransi yang terdaftar di Bursa Efek Indonesia).

Ismanto, K. (2009). Asuransi Syariah (Tinjauan Asas-Asas Hukum Islam). Pustaka Pelajar.

Jopie, J. (2008). Analisis Kredit Untuk Account Officer. PT. Gramedia Pustaka Utama.

Juwita, R., & Rindiati, N. (2020). Pengaruh Pendapatan Premi Dan Hasil Underwriting Terhadap Laba Pada Pt Asuransi Jiwasraya (Persero) Periode 2008-2015. Land Journal, 1(1), 21–31. https://doi.org/10.47491/landjournal.v1i1.591

Kasmir. (2015). Analisis Laporan Keuangan. PT. Raja Grafindo Persada.

Luthfiati, U. (2018). Pengaruh beban operasional dan beban klaim terhadap laba bersih pada PT asuransi takaful keluarga periode 2010-2016. http://digilib.uinsgd.ac.id/9308/

Nainggolan, L. M., & Soemitra, A. (2020). the Contribution Income, Investment Results, and Claim Expenses on Sharia Life Insurance Income. Jurnal Ekonomi Dan Bisnis Islam (Journal of Islamic Economics and Business), 6(2), 20. https://doi.org/10.20473/jebis.v6i2.21734

Nurochim. (2020). Pengaruh Pendapatan Premi, Pembayaran Klaim, Risk Based Capital, Hasil Investasi dan Hasil Underwriting terhadap Laba Perusahaan Asuransi Yang Terdaftar di Bursa Efek Indonesia Periode 2015-2018. 151–156.

Reschiwati, R., & Solikhah, R. P. S. R. P. (2018). Random Effect Model: Influence of Income Premium, Claim Cost and Underwriting Results on Net Income in Insurance Company in Indonesia: Case Study of Insurance Company Listed on Indonesia Stock Exchange. Interational Journal of Modern Trends in Business Research (IJMTBR), 1–17. http://www.ijmtbr.com/PDF/IJMTBR-2018-03-09-01.pdf

Salim, A. (2018). Asuransi dan Manajemen Risiko. PT Raja Grafindon Persada.

Santoso, S., Astuti, H., & Sayekti, L. (2020). The Effect of Claim Expense, Liquidity, Risk-Based Capital, Company Size, Debt to Equity, and Debt To Asset on Profitability In Indonesia Islamic Insurance Companies. https://doi.org/10.4108/eai.5-8-2020.2301216

Wahyuddin, & Mauliyana. (2021). The Effect of Premium Revenue, Underwriting Results, Investment Results, and Risk Based Capital on Income in Insurance Company (Study On Corporate Insurance - The Listed on the Indonesia Stock Exchange). Quantitative Economics and Management Studies, 2. https://doi.org/10.35877/454ri.qems382

Wulandari, J. R., Wiyono, W., & Rizal, N. (2019). Pengaruh Premi, Klaim, Investasi, Dan Underwriting Terhadap Laba Perusahaan Asuransi Jiwa Syariah Di Indonesia Periode Tahun 2013 – 2017. Proceedings Progress Conference, 2(1), 79–85. http://proceedings.stiewidyagamalumajang.ac.id/index.php/progress/article/view/128

Yolanda, M. (2020). Pengaruh Pendapatan Premi Dan Pembayaran Klaim Terhadap Pertumbuhan Laba Perusahaan Asuransi (Studi Pada Perusahaan Asuransi Jiwa Yang Terdaftar Di Bursa Efek Indonesia) Periode 2016-2018. 1(061), 8226331.

Downloads

Published

2023-03-31

Issue

Vol. 8 No. 1 (2023): March 2023

Section

Articles

License

License and Copyright Agreement
In submitting the manuscript to the journal, the authors certify that:
  • They are authorized by their co-authors to enter into these arrangements.
  • The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
  • That it is not under consideration for publication elsewhere,
  • That its publication has been approved by all the author(s) and by the responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
  • They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
  • They agree to the following license and copyright agreement.
Copyright
Authors who publish with IJIBE agree to the following terms:
  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
Licensing for Data Publication
IJIBE uses a variety of waivers and licenses, that are specifically designed for and appropriate for the treatment of data:
Other data publishing licenses may be allowed as exceptions (subject to approval by the editor on a case-by-case basis) and should be justified with a written statement from the author, which will be published with the article.

Open Data and Software Publishing and Sharing
The journal strives to maximize the replicability of the research published in it. Authors are thus required to share all data, code or protocols underlying the research reported in their articles. Exceptions are permitted but have to be justified in a written public statement accompanying the article.
Datasets and software should be deposited and permanently archived inappropriate, trusted, general, or domain-specific repositories (please consult http://service.re3data.org and/or software repositories such as GitHub, GitLab, Bioinformatics.org, or equivalent). The associated persistent identifiers (e.g. DOI, or others) of the dataset(s) must be included in the data or software resources section of the article. Reference(s) to datasets and software should also be included in the reference list of the article with DOIs (where available). Where no domain-specific data repository exists, authors should deposit their datasets in a general repository such as ZENODO, Dryad, Dataverse, or others.
Small data may also be published as data files or packages supplementary to a research article, however, the authors should prefer in all cases a deposition in data repositories.

This work is licensed under a Creative Commons Attribution 4.0 International License.