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Determining Premium for Disaster Reinsurance Program through Supply Chain Risk Management: An Application of Peak Over Threshold (POT) Approach Sukono, Sukono; Subartini, Betty; Napitupulu, Herlina; Novitasari, Ela; Santoso, Agus; Ghazali, Puspa Liza; Saputra, Jumadil
International Journal of Supply Chain Management Vol 9, No 5 (2020): International Journal of Supply Chain Management (IJSCM)
Publisher : ExcelingTech

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59160/ijscm.v9i5.4305

Abstract

The purpose of this study is to determine the pricing (premium) for disaster reinsurance program. For those, this study uses the Peak Over Threshold (POT) approach, where the method pays attention to the pattern of heavy tail behaviour on the number of victims killed due to disaster events through extreme values with a reference value called the threshold u. The results of the analysis showed that the reinsurance premiums for flood disaster per year that must be paid by insurance company is IDR 712,008,900.50 with the maximum amount of reinsurance risk, L is IDR20,000,000,000.00, the insurance company retention, S is IDR200,000,000.00, the sensitivity minimum number of victims in one disaster event  with 5 people. In conclusion, the reinsurance premium per year that must be paid by insurance companies to reinsurance companies will be increasing when the insurance company retention S is smaller, the maximum amount of risk covered by reinsurance L is greater, and the number of victims died u decreases.
THE EFFECT OF COMPETENCE AND MOTIVATION ON EMPLOYEE PERFORMANCE WITH WORK SPIRIT AS AN I NTERVENING VARIABLE (Case Study of PT Moeis Perkebunan Sipare Pare) Novitasari, Ela; Nurpadilla, Nurpadilla; Siahaan, Rumiris; Khairunnizar, M. Alang
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 8 No 2 (2024): IJEBAR, VOL. 08 ISSUE 02, JUNE 2024
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v8i2.14122

Abstract

This study aims to The Influence of Competence and Motivation on Employee Performance with Work Spirit as an Intervening Variable Pabatu Case Study at PT Moeis Kebun Sipare-pare. The research method used is a quantitative method using the help of SPSS version 25.00. which was collected from the results of distributing questionnaires to PT Moeis Kebun Sipare-pare Plantation Employees as many as 50 respondents. The analysis method used in this study is to use an instrument test, namely validity and reliability tests. Classical assumption tests, namely normality tests, multicollinearity tests, heteroscedasticity tests, multiple linear regression analysis, determination coefficient analysis (R2), hypothesis tests, namely the T test and path analysis. The results of SPSS in this study are that work experience variables affect work motivation, competence affects work spirit, motivation affects work spirit, competence affects performance, motivation does not affect performance, work spirit affects employee performance, competence affects employee performance with work spirit as an intervening variable motivation affects employee performance with work spirit as an intervening variable. Keywords: Competence, Motivation, Work Spirit, Employee Performance