The Effect of Financial Soundness Level on Premium Growth of Companies Listed in AASI

Authors

  • Andika Rizki Pradana Tazkia Islamic University College
  • Sulhani Tazkia Islamic University College

DOI:

https://doi.org/10.30993/jicab.v2i2.426

Keywords:

Financial Health, Premium Growth, Ratio

Abstract

Analyze how the effect of financial health level as measured by liquidity ratio, investment balance ratio with liabilities, investment income ratio, claim expense ratio, tabarru' fund change ratio, and risk-based capital ratio on premium growth of Islamic insurance companies listed in the Indonesian Sharia Insurance Association (AASI) for the period 2018-2022. Quantitative research using panel data regression analysis with SPSS 26 program.There is a significant influence between the variable ratio of investment income on the growth of premiums of Islamic insurance companies indicated by a partial significance test value of 0.044 <0.05 and there is also an influence between the variable ratio of changes in tabarru's funds on the growth of Islamic insurance premiums indicated by a partial significance test value of 0.007 <0.05. Meanwhile, there is no influence between the variables of liquidity ratio, investment balance ratio with liabilities, claim expense ratio, and risk-based capital (RBC) ratio on the growth of premiums of Islamic insurance companies.

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Published

2024-09-30

Issue

Vol. 2 No. 2 (2024): JICAB

Section

Articles

License

Copyright (c) 2024 The Effect of Financial Soundness Level on Premium Growth of Companies Listed in AASI © 2024 by Andika Rizki Pradana, Sulhani is licensed under CC BY-NC 4.0

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Journal of Islamic Contemporary Accounting and Business © 2023 by Tazkia Islamic University College is licensed under CC BY-NC 4.0 

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