RISK EFFECT ON CONTRIBUTION OF PARTICIPANTS IN SHARIA INSURANCE INDONESIA

Anisa Istiqomah, Vidia Gati

= http://dx.doi.org/10.20473/jebis.v6i1.18254
Abstract views = 831 times | downloads = 414 times

Abstract


This study aims to prove the effect of operational costs, investment returns, claims and minimum risk-based tabarru' funds partially and simultaneously on the contribution of Islamic general insurance in Indonesia 2015-2018. This study uses a quantitative approach with secondary data in the form of publication of annual Islamic financial statements and sample selection using a purposive sampling technique. The amount of data is 11 companies with observations over four years to obtain 44 observational data used as samples in this study. The technique used is regression analysis using a fixed effect model (FEM) panel data. The results illustrate that partially, minimum variable costs based on operational risk, claims, and tabarru’ funds have a significant positive effect on participant contributions. Thus proving that the higher the minimum operational costs based on claims, and tabarru’ 'will influence the determination of participant contributions. As for investment returns, it has no effect on determining participant contributions because funds can be allocated to increase assets. Simultaneous statistical test results from operational costs, investment returns, claims, minimum risk-based funds are influenced by participant contributions. This research suggestion should be that Islamic general insurance companies can conduct regular audits on the use of operational costs to make it more efficient so that the allocation of contribution costs can be directed towards the growth of assets or minimum risk-based tabarru’ funds of the company.

Keywords: Contribution, Islamic insurance, Participant, Risk-based, Tabarru’ funds


Full Text:

PDF

References


Al Arif, & Muhammad Nur R. (2012). Lembaga Keuangan Syariah. Pustaka Setia.

Anwar, K. (2004). Asuransi Syariah, Halal & Maslahat. Tiga Serangkai.

Archer, Rifaat, & Volker. (2009). Takaful Islamic Insurance Concept and Regulatory Issue. John Willey and Sons.

Astria, D. (2009). Analisis Faktor-Faktor yang Mempengaruhi Laba PT Asuransi Takaful Keluarga. Institut Pertanian Bogor.

Billah, M. (2001). Principles & practices of takaful and insurance compared. In International Islamic University, Malaysia-2001. IIUM Press. https://scholar.google.com/scholar?hl=en&q=takaful&btnG=&as_sdt=1%2C5&as_sdtp=#18

Damayanti, F. E. (2016). Pengaruh Kontribusi Peserta, Klaim, Dan Hasil Investasi Terhadap Surplus Underwriting Asuransi Umum Syariah Di Indonesia [Universitas Airlangga]. http://repository.unair.ac.id/33108/

Dewi, K. V., & Witjaksono, A. (2015). Evaluasi Pengakuan Pendapatan dan Beban Atas Dana Tabbaru’ dan Dana perusahaan pada Asuransi PT AJB BumiPutera. BINUS.

Djojosoedarsono, S. (2003). Prinsip-prinsip Manajemen Risiko Asuransi. Salemba Empat.

Duzuki, A. . (2015). International Shari’ah Research Academy for Islamic Finance (ISRA) Sistem Keuangan Islam. Rajawali Pers.

Ernst & Young Global Limited. (2014). Global Takaful Insights 2014 Market updates. EY Global Limited.

Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS. Yogyakarta: Universitas Diponegoro. Badan Penerbit Universitas Diponegoro.

Huda, & Nasution. (2009). Current Issue Lembaga Keuangan Syariah. Kencana.

Hwang, T., & Greenford, B. (2005). A Cross-Section Analysis of the Determinants of Life Insurance Consumption in Mainland China, Hong Kong, and Taiwan. Risk Management and Insurance Review, 8(1), 103–125. https://doi.org/10.1111/j.1540-6296.2005.00051.x

Indriani, R., Canggih, C., & Rusmita, S. A. (2019). Efficiency Determinants of Islamic Insurance in Indonesia. The 2nd International Conference on Islamic Economics, Business, and Philanthropy (ICIEBP) Theme: “Sustainability and Socio Economic Growth, Publisher KnE Social Sciences, 175–182.

Kontan. (n.d.). Hasil Investasi Asuransi Syariah Minus Rp 542 Milliar. https://keuangan.kontan.co.id/news/hasil-investasi-asuransi-syariah-minus-rp-542-miliar

Kuncoro. (2013). Metode Riset Untuk Bisnis dan Managemen. Erlangga.

Kuncoro, M. (2007). Metode kuantitatif : teori dan aplikasi untuk bisnis dan ekonomi. In System. UPP STIM YKPN.

Kurnia, S. (2017). Perkembangan Asuransi Kesehatan Swasta di Indonesia 2012 – 2016. Jurnal Ekonomi Kesehatan Indonesia, 2(2). https://doi.org/10.7454/eki.v2i2.2142

Middle East Global Advisors. (2016). World Takaful Report 2016. 11th Annual World Takaful Conference. http://www.takafulprimer.com/main/downloads/ms_5860.pdf

Nasution, N. H. & M. E. (2008). Investasi Pada Pasar Modal Syariah. Kencana.

Otoritas Jasa Keuangan. (2016). Peraturan Otoritas Jasa Keuangan (POJK) Nomor 71 / POJK.05/2016 tentang Kesehatan Keuangan Perusahaan Asuransi dan Perusahaan Reasuransi. https://www.ojk.go.id/id/kanal/iknb/regulasi/asuransi/peraturan-ojk/Pages/POJK-tentang-Kesehatan-Keuangan-Perusahaan-Asuransi-dan-Perusahaan-Reasuransi.aspx

Prodjodikoro, W. (1958). Hukum Asuransi Indonesia. Pembimbing.

Purnomo, A. (2017). Analisis Pembayaran Premi Dalam Asuransi Syariah. Al-Uqud : Journal of Islamic Economics, 1(1), 27. https://doi.org/10.26740/jie.v1n1.p27-40

Puspitasari, N. (2015). Manajemen Asuransi Syariah. UII Press.

Saniatuslima, H., & Suprayogi, N. (2015). Manajemen Resiko Dana Tabarru’ Pt Asuransi Jiwa Syariah Al Amin. Jesit, 2(12), 1002–1018.

Sianturi, I. R. (2014). Pengaruh Beban Klaim, Current Rasio, Pertumbuhan Premi Terhadap Return On Invesment. Universitas Maritim Raja Ali Haji.

Soedibjo, S., & Fitriati, R. (2009). untuk Mencapai Titik Impas dengan Pendekatan Model Profit Testing. Jurnal Ilmu Administrasi Dan Organisasi, 16, 59–67.

Soemitra, A. (2009). Bank dan Lembaga Keuangan Syari’ah. Perdana Media Group.

Sula, M. S. (2004). Asuransi Syariah (Life and General) : Konsep dan Sistem Oprasional. Gema Insani.

Triandaru, S., & Budisantoro, T. (2006). Bank dan Lembaga Keuangan Lain. Salemba Empat.

Wardhani, R. K. M., & Septiarini, D. F. (2017). Faktor-Faktor Yang Mempengaruhi Kontribusi Peserta Pada Perusahaan Asuransi Jiwa Syariah Di Indonesia. Jurnal Ekonomi Syariah Teori Dan Terapan, 4(10), 802–816. https://doi.org/http://dx.doi.org/10.20473/vol4iss201710pp802

Wirdyaningsih. (2005). Bank dan Asuransi Islam Di Indonesia. Kencana.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2020 Jurnal Ekonomi dan Bisnis Islam (JEBIS)

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

   Image result for doaj green tick  Hasil gambar untuk portal garuda logoImage result for logo IAI  EBSCO Information Services | Databaser, e-tidsskrifter, e-bøker, Discovery
 

View My Stats

Creative Commons License
(JEBIS) Jurnal Ekonomi Dan Bisnis Islam  (p-ISSN: 2442-6563; e-ISSN: 2527-3027is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.