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Application of Exogenous Liquidity Risk Models to Analyze Single Assets Yasir Salih; Riaman Riaman; Komar Komar; Alit Kartiwa
International Journal of Business, Economics, and Social Development Vol 1, No 1 (2020)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v1i1.15

Abstract

Exogenous liquidity risk measurement is a measurement of liquidity risk that affects all market participants and is not affected by the actions of any other actors. Exogenous liquidity risk measurement is usually called the Cost of Liquidity (COL). The main problem is how the level of liquidity of one currency against other currencies and the effect of liquidity risk on VaR (Value at Risk) on a single asset. This thesis examines the importance of liquidity risk on a single asset. Combining basic VaR and liquidity risk will result in more effective calculations. The model used is to add the basic VaR value with the Cost of Liquidity (COL) or also called Liquidity VaR (L-VaR). The calculation results show the different effects of liquidity for each country's currency. Indonesian Rupiah (IDR) is the currency that has the highest liquidity component compared to the Japanese Yen (JPY) and the Thai Baht (THB). The lower the liquidity component of a currency, the currency is very liquid, and the Japanese Yen (JPY) is the most liquid currency compared to the Indonesian Rupiah (IDR) and the Thai Baht (THB).
Estimation of Reinsurance Risk Value Using the Excess of Loss Method Jumadil Saputra; Tika Fauzia; Sukono Sukono; Riaman Riaman
International Journal of Business, Economics, and Social Development Vol 1, No 1 (2020)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v1i1.16

Abstract

As with any other business that has a risk of any incident in the future, the insurance business also needs protection against the risks that may arise in the company so that the company does not lose. Therefore, the need for anticipation in organizing any claims submitted by the insurance company to Reinsurance Company so that insurance company may assign any or all of the risks to reinsurance companies. In the method of reinsurance excess-of-loss there is a certain retention limits that allow reinsurance companies bear no claims incurred on insurance companies. The results of this study showed the average occurrence of claims and the risks that may be encountered by Reinsurance Company during the period of insurance. The magnitude of the risk assumed by the reinsurer relies on the model claims aggregation formed from individual claim size distribution models and distribution models the number of claims incurred in the period of insurance. Besides the magnitude of risk was also determined from the retention limit of insurance and reinsurance method used.
Training on Economic Empowerment for Fishermen Community in Ambulu Village, Losari Sub-District, Cirebon Regency, West Java, Indonesia Sukono Sukono; Riaman Riaman; Soeryana Hasbullah
International Journal of Ethno-Sciences and Education Research Vol 1, No 2 (2021)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (248.185 KB) | DOI: 10.46336/ijeer.v1i2.122

Abstract

The welfare of fishermen in Indonesia is still very low and many of them have not been able to meet their family's daily needs. This is caused by various factors that affect their economic condition. This paper aims to conduct economic empowerment training for fisheries communities in Ambulu Village, Losari District, Cirebon Regency, West Java, Indonesia. In this study, 115 respondents Ambulu village fishermen are included in the study. The reviewed factors include social factors, work system factors, and economic factors themselves in meet the needs of fishermen's family. As much as 79.13% of respondents were able to meet their daily needs, while 20.87% were unable to meet their daily needs. This shows that other efforts are needed from fishermen to fulfil their daily needs in order to improve their welfare.