INVESTMENT OF INSURANCE FUNDS AS AN ALTERNATIVE TO INFRASTRUCTURE FINANCING THROUGH GOVERNMENT AND PRIVATE COOPERATION IN THE MIDST OF COVID-19 PANDEMIC

Nabilla Fitra Larasati (Universitas Airlangga)
Dina Aprilia (Universitas Airlangga)
Dinda Bhawika Wimala Pastika (Universitas Airlangga)
Ismi Aulia Wahyudi (Universitas Airlangga)
Desya Annisa Anandita (Universitas Airlangga)

International Journal of Economics, Business and Accounting Research (IJEBAR)
Vol 6, No 2 (2022): IJEBAR, VOL. 06 ISSUE 02, JUNE 2022

The existence of covid-19 has an impact on the decline in the economy and investment to finance infrastructure in Indonesia. The government must maintain a favorable investment environment in the face of the covid-19 pandemic. This is essential in order to create a level playing field for investors. Insurance is one possibility to non-bank infrastructure financing; this is related to the insurance industry's ability to generate revenue during a pandemic due to increased public awareness of the significance of self-protection against high healthcare costs if exposed to the 19th plague. As a response, the government must aim to attract investors in the insurance business, who will eventually be engaged to create an alternative investment insurance fund for infrastructure development through a Public Private Partnership.