al-Uqud : Journal of Islamic Economics
Vol. 7 No. 2 (2023): July

Factors affecting solvability analysis of Indonesian sharia life insurance companies

Puspitasari, Novi (Unknown)
Hidayat, Sutan Emir (Unknown)
Nurhayati, Nurhayati (Unknown)
Hasanah, Shofiatul (Unknown)



Article Info

Publish Date
30 Jul 2023

Abstract

Examining and analyzing the impact of premiums, claims, investment returns, reinsurance, and underwriting on the solvency of Islamic life insurance firms in Indonesia is the goal of this study, with firm size as the control variable. In this study, the entire population serves as the total sample. The sampling method is saturation sampling of 15 companies, and the research range is from 2016 to 2020, with a total of 75 observations. The analytical method uses multiple linear regression analyses: premiums, investment returns, and underwriting impact solvency and support resource-based theory. However, regarding the impact of Claims, Reinsurance, and control variables, namely, The level of solvency is not significantly impacted by the size of the company; it is contrary to Resource Based Theory. This is rationally found in the Islamic insurance business model, which is different from the conventional insurance business model so that the solvency of Islamic insurance is not affected by claims, reinsurance, and company size.

Copyrights © 2023






Journal Info

Abbrev

jie

Publisher

Subject

Economics, Econometrics & Finance

Description

al-Uqûd : Journal of Islamic Economics published by the Islamic Economic Studies Department of Economics Faculty of Economics, Universitas Negeri Surabaya in cooperation with the Forum of Economic and Business Lecturer Islam (FORDEBI). al-Uqûd published twice a year, in January and July. The ...