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Journal : meta - journal

Comparative Financial Performance Analysis of Banking and Insurance Institutions: Evidence from Bank Rakyat Indonesia and Asuransi Dayin Mitra Abadi, Rahmat Riwayat
Maksimal Jurnal : Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan Vol 3 No 4 (2026): April
Publisher : Abadi Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/meta-journal.v3i4.403

Abstract

The financial services industry consists of various institutions with different operational models, including banking institutions and non-bank financial institutions such as insurance companies. This study aims to analyze and compare the financial performance of PT Bank Rakyat Indonesia (Persero) Tbk (BRI) and PT Asuransi Dayin Mitra Tbk (ASDM) using financial statement analysis for the 2023–2024 period. The research applies a descriptive comparative method using financial position statements, income statements, and financial ratio analysis. The results indicate that BRI demonstrates strong financial stability supported by a large asset base, strong capital adequacy, and stable profitability derived from interest-based intermediation activities. Meanwhile, ASDM shows significant profit growth driven by underwriting efficiency and investment returns. The analysis also reveals structural differences between banks and insurance companies in asset allocation, revenue sources, leverage structure, and risk exposure. Digital transformation also plays a critical role in improving operational efficiency and expanding financial service ecosystems. Overall, both institutions exhibit strong financial resilience, although their financial strategies and risk management approaches differ according to their respective business models
Co-Authors A Muh Ridha R A. Afifah Humairah Abadi, Ridfan Rifaldy Abdi Akbar Idris Agung Widhi Kurniawan Ahmad Farhan, Ahmad Aliya, Sitti Nur Amelia Christina Pairunan Amiruddin Tawe Amiruddin Tawe Andhani, Rima Andi Dewi Angreyan Andi Dewi Angreyani Andi Mustika Amin Andi Shinta Ria Oktaviani Andi Yusril Yasmun Anita Anita Annisa Paramaswary Aslam Annisa Paramaswaty Aslam Antika, Wayan Rindi Anwar Anwar Anwar Anwar Anwar Anwar Ramli Anwar Ramli Aprilia, Fauziah Reski Arkam Susilo Aslam, Annisa Paramaswary Auliya Insyani K Bernadus, Joel Glenn Burhanuddin Burhanuddin Burhanuddin Burhanuddin Burhanuddin Burhanuddin Burhanuddin Chalid Imran Musa Chalid Imran Musa Chalid Imran Musa Darmawinata, Widhi Nugraha Sumiharja Data, Muh. Umar Dipoatmodjo, Tenri S.P. Dwi Anugerah Lestari Musa Dwi Nurvania Edar Haeruddin, M. Ilham Wardhana Hardiyanti, Andi Aryani Hasbiah, Siti Hasbiah, Sitti Hasmyati, Hasmyati Hasnidar hasyim, hasyim Ichwan Musa, Muh. Idayanti Nursyamsi Idris, Muhammad Istiyansyah Ulman Ilma Wulansari Hasdiansa Ilma Wulansari Hasdiansa Ipoatmodjo, Tenri S. P. D Irwanto, Denia Isma Azis Riu Kamil, Usman Kartika Septiary Musa Kartika Septiary Pratiwi Khaidir Syahrul Khaidir Syahrul M Taslim Dangnga M. Ikhwan Maulana Haeruddin M. Ilham Wardhana H. M. Ilham Wardhana Haeruddin Masrurah, Ushwa Dwi Matthew W. McCarter Muh. Umar Data Muh. Yaqhzan Muh. Yushar Mustafa Muhaimil Sulhaid Musa, M. Ichwan Musa, Muh Ichwan Musa, Muhammad Ichwan Musdena Musaat My Sarah Imran Natsir, Uhud Darmawan Nur Azizah Nur Fitri Nur Hikmah Nur Indah Atifah Anwar Nurfadillah Nurhaedah Nurhalim, Muh Ridho Nurizzati Nurizzati Nurjannah Nurjannah Nurjannah Nurman Nurman Nurul Fadilah Aswar Nurul Fadilah Aswar Paramaswary Aslam, Annisa Parawansa, Dian Anggraece Sigit Pratiwi, Andi Citra Putra Basir, Muhammad Nur Dzaky Putra, Muh Al Fatah Arief Putri, Annisa Mawaddah Arief Qhalby, Zakira Rezky Amalia Hamka Rezky Amalia Hamka Ridfan Rifadly Abadi Risma Risma, Risma Riu, Isma Aziz Romansyah Sahabuddin Ruma, Zainal Rusman DH, Khutbah Nur Safitri, Nuravini Saleh, Reyna Eka Saputri Santika, Delin Sayba, Sayba Siti Aizah Mahardika Amar Siti Hasbiah Siti Hasbiah Siti Hasbiah Sitti Hasbiah Sitti Hasbiah Sitti Hasbiah Syahir Fadli Syahrul, Khaidir Syamsuddin, Andi Reni Tawe, Amiruddin Tenri Sayu Puspitaningsih Dipoatmodjo Uhud Darmawan Natsir Warani, Yardan Arif Wulansary, Ilma Zahwa Qhayla Ramadhanty Zainal Ruma