Review of Islamic Economics and Finance
Vol 5, No 2 (2022): Review of Islamic Economics and Finance : December 2022

Factors Affecting the Asset Growth of Indonesian Shaaria Life Insurance Companies

Muhamad Rizki Karim Amrulloh (International Islamic University Islamabad, Pakistan)
Farras Abyan Aziz (International Islamic University Islamabad, Pakistan)



Article Info

Publish Date
01 Dec 2022

Abstract

Purpose – This study aims to provide an overview and analysis of how premiums, claims, and investment results have affected asset growth in Indonesian Sharia life insurance companies from 2015 to 2020.Methodology - In this work, quantitative causality methodologies were used as the research methodology. The Financial Services Authority-registered Sharia life insurance company serves as the study's population (FSA). The method used for sampling in research is by purposive sampling with the number of samples as many as eleven Sharia life insurance companies in Indonesia for 6 years of research.Findings - The dependent variables in this study are asset growth and independent variables in this research are premiums, claims and investment returns. The results showed that premiums affect the growth of assets in the negative direction, claims affect the growth of assets in the negative direction and investment returns positively affect the growth of assets.

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Journal Info

Abbrev

rief

Publisher

Subject

Economics, Econometrics & Finance

Description

The aims of this Journal is to promote a principled approach to research on Islamic macroeconomics, Islamic microeconomics, Islamic development economics, Islamic monetary economics, Islamic public economics, Islamic political economics, Islamic leisure toursm, and Islamic financial technology. ...