Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017)
Profitability is one benchmark to show a company operational performance. Various factors influence the amount of profitability. This research aims to analyze the influence of the amount of premium income, total investment, claims expense and operational costs on the profitability gained during the...
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| Main Authors: | , |
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| Format: | UMS Journal (OJS) |
| Language: | eng |
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Muhammadiyah University Press
2019
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| Online Access: | https://journals.ums.ac.id/index.php/jisel/article/view/8595 |
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| _version_ | 1805340862171840512 |
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| author | Nurbaya, Siti Alam, Azhar |
| author_facet | Nurbaya, Siti Alam, Azhar |
| author_sort | Nurbaya, Siti |
| collection | OJS |
| description | Profitability is one benchmark to show a company operational performance. Various factors influence the amount of profitability. This research aims to analyze the influence of the amount of premium income, total investment, claims expense and operational costs on the profitability gained during the period 2011-2017. This paper conducts multiple linear analysis, namely OLS (Ordinary Least Square) with secondary data in the form of time-series data. The results of the t-test indicate that the claims expense variable has a negative and significant effect. Meanwhile, the operational cost variable has a positive and significant impact. On the contrary, the premium variable and the amount of investment both have a positive but not significant effect. Moreover, the results of the F test show that the variables of premium, investment, claims expense and operating costs have a considerable impact on the profitability of Sinar Mas Islamic Insurance. |
| format | UMS Journal (OJS) |
| id | oai:ojs2.journals.ums.ac.id:article-8595 |
| institution | Universitas Muhammadiyah Surakarta |
| language | eng |
| publishDate | 2019 |
| publisher | Muhammadiyah University Press |
| record_format | ojs |
| spelling | oai:ojs2.journals.ums.ac.id:article-8595 Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) Nurbaya, Siti Alam, Azhar Islamic Insurance; premium; claims expense; operational cost; profitability Profitability is one benchmark to show a company operational performance. Various factors influence the amount of profitability. This research aims to analyze the influence of the amount of premium income, total investment, claims expense and operational costs on the profitability gained during the period 2011-2017. This paper conducts multiple linear analysis, namely OLS (Ordinary Least Square) with secondary data in the form of time-series data. The results of the t-test indicate that the claims expense variable has a negative and significant effect. Meanwhile, the operational cost variable has a positive and significant impact. On the contrary, the premium variable and the amount of investment both have a positive but not significant effect. Moreover, the results of the F test show that the variables of premium, investment, claims expense and operating costs have a considerable impact on the profitability of Sinar Mas Islamic Insurance. Muhammadiyah University Press 2019-09-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/jisel/article/view/8595 10.23917/jisel.v2i2.8595 Journal of Islamic Economic Laws; Vol 2, No 2: July 2019; 234-251 2655-9617 2655-9609 eng https://journals.ums.ac.id/index.php/jisel/article/view/8595/4776 Copyright (c) 2019 Journal of Islamic Economic Laws https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | Islamic Insurance; premium; claims expense; operational cost; profitability Nurbaya, Siti Alam, Azhar Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title | Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title_full | Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title_fullStr | Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title_full_unstemmed | Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title_short | Analysis of Factors Affecting Islamic Insurance Profitability (Case Study Of Sinar Mas Islamic Insurance Period 2011-2017) |
| title_sort | analysis of factors affecting islamic insurance profitability case study of sinar mas islamic insurance period 2011 2017 |
| topic | Islamic Insurance; premium; claims expense; operational cost; profitability |
| topic_facet | Islamic Insurance; premium; claims expense; operational cost; profitability |
| url | https://journals.ums.ac.id/index.php/jisel/article/view/8595 |
| work_keys_str_mv | AT nurbayasiti analysisoffactorsaffectingislamicinsuranceprofitabilitycasestudyofsinarmasislamicinsuranceperiod20112017 AT alamazhar analysisoffactorsaffectingislamicinsuranceprofitabilitycasestudyofsinarmasislamicinsuranceperiod20112017 |