Niqosiya: Journal of Economics and Business Research
Vol. 5 No. 1 (2025): January-June 2025

The Effect of Firm Size, Investment Return, Claims Expense Ratio, and Volume of Capital on the Profitability of Sharia Insurance Companies

Shofiatul Munawaroh (UIN Kiai Ageng Muhammad Besari Ponorogo)
Moh. Faizin (UIN Kiai Ageng Muhammad Besari Ponorogo)



Article Info

Publish Date
28 Jun 2025

Abstract

Introduction: This study aims to examine how firm size, investment return, claims expense ratio, and capital volume influence the profitability of sharia insurance companies. Research Methods: The research method used in this study is a quantitative method, using panel data regression analysis. The number of samples studied is 10 sharia insurance companies and sharia business units registered with the Indonesian Sharia Insurance Association (AASI) that consistently reported positive profits and did not suffer losses during the 2019-2023 period. Results: Firm size has a partial effect on the profitability of sharia insurance companies. Investment return also has a partial effect on the profitability of these companies. The claims expense ratio, however, does not partially impact their profitability. Conversely, the capital volume does partially influence the profitability of sharia insurance companies. Together, firm size, investment return, claims expense ratio, and capital volume collectively affect the profitability of sharia insurance companies.

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Journal Info

Abbrev

niqosiya

Publisher

Subject

Description

Scope of study of scientific writings by students or collaboration of students and lecturers in the form of research on Islamic economic studies, Sharia economics, Sharia banking, zakat and waqf management in the realm of Islamic economics and business studies as well as scientific ...