The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies
The insurance industry has developed rapidly enough to cause intense competition between companies. In competition, it is necessary to have good work prospects and public trust, one of which is having a healthy financial performance. Financial performance can be influenced by several factors, namel...
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| Format: | Article |
| Language: | English |
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Universitas KH Abdul Chalim, Prodi Ekonomi Syariah
2025-06-01
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| Series: | Indonesian Interdisciplinary Journal of Sharia Economics |
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| Online Access: | https://e-journal.uac.ac.id/index.php/iijse/article/view/6915 |
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| _version_ | 1850103228132229120 |
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| author | Nur Azizah Rida Perwita Sari |
| author_facet | Nur Azizah Rida Perwita Sari |
| author_sort | Nur Azizah |
| collection | DOAJ |
| description |
The insurance industry has developed rapidly enough to cause intense competition between companies. In competition, it is necessary to have good work prospects and public trust, one of which is having a healthy financial performance. Financial performance can be influenced by several factors, namely risk-based capital and claim ratio. The study analyzed whether risk-based capital and claim ratios affect financial performance. The population of this study is insurance companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023. This research uses quantitative methods with purposive sampling methods with a total sample of 15 companies over 5 5-year period. The data used in this study are secondary data obtained through the company’s financial statements and annual reports. The results of this study indicate that risk-based capital affects financial performance. Meanwhile, the claim ratio does not affect financial performance.
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| format | Article |
| id | doaj-art-0292a3f9d80a497580a8e7d47641afef |
| institution | DOAJ |
| issn | 2621-606X |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Universitas KH Abdul Chalim, Prodi Ekonomi Syariah |
| record_format | Article |
| series | Indonesian Interdisciplinary Journal of Sharia Economics |
| spelling | doaj-art-0292a3f9d80a497580a8e7d47641afef2025-08-20T02:39:35ZengUniversitas KH Abdul Chalim, Prodi Ekonomi SyariahIndonesian Interdisciplinary Journal of Sharia Economics2621-606X2025-06-018210.31538/iijse.v8i2.6915The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance CompaniesNur Azizah0Rida Perwita Sari1Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya, IndonesiaUniversitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya, Indonesia The insurance industry has developed rapidly enough to cause intense competition between companies. In competition, it is necessary to have good work prospects and public trust, one of which is having a healthy financial performance. Financial performance can be influenced by several factors, namely risk-based capital and claim ratio. The study analyzed whether risk-based capital and claim ratios affect financial performance. The population of this study is insurance companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023. This research uses quantitative methods with purposive sampling methods with a total sample of 15 companies over 5 5-year period. The data used in this study are secondary data obtained through the company’s financial statements and annual reports. The results of this study indicate that risk-based capital affects financial performance. Meanwhile, the claim ratio does not affect financial performance. https://e-journal.uac.ac.id/index.php/iijse/article/view/6915Financial PerformanceRisk Based CapitalClaim Ratio |
| spellingShingle | Nur Azizah Rida Perwita Sari The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies Indonesian Interdisciplinary Journal of Sharia Economics Financial Performance Risk Based Capital Claim Ratio |
| title | The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies |
| title_full | The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies |
| title_fullStr | The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies |
| title_full_unstemmed | The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies |
| title_short | The Effect of Risk-Based Capital and Claim Ratio on the Financial Performance of Insurance Companies |
| title_sort | effect of risk based capital and claim ratio on the financial performance of insurance companies |
| topic | Financial Performance Risk Based Capital Claim Ratio |
| url | https://e-journal.uac.ac.id/index.php/iijse/article/view/6915 |
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