Authors :
Gusti Aisyah; Dr. Bambang Santoso Marsoem
Volume/Issue :
Volume 9 - 2024, Issue 2 - February
Google Scholar :
http://tinyurl.com/2zp3wt6d
Scribd :
http://tinyurl.com/fdbfjp87
DOI :
https://doi.org/10.5281/zenodo.10653370
Abstract :
The research carried out aims to obtain
analysis results related to the determinants of financial
distress in the general insurance industry which is
licensed and registered with the Financial Services
Authority in Indonesia by using variable indicators of
financial performance ratios regulated in the POJK
(Financial Services Authority Regulations), namely the
Underwriting Ratio , Liquidity Ratio, Investment to
Technical Ratio, Risk Based Capital (RBC), Premium
Growth Ratio to potential Financial Distress with Loss
Ratio as a moderator variable. There for Indonesian
general insurance for the period 2020 to 2022 were used
as a population and obtained a sample size of 33 general
insurance companies . Use of Logistic Regression and
Moderated Regression Analys (MRA) methods as
analysis techniques. The analysis results showed that the
Underwriting Ratio, Liquidity Ratio, Risk Based Capital
had a significant negative effect on the potential for
financial distress and the Loss ratio had a moderating
role (strengthening) the influence of the Underwriting
Ratio, Liquidity Ratio, RBC on the potential for financial
distress in general insurance companies in Indonesia.
Keywords :
Financial Distress, General Insurance, Underwriting Ratio, Liquidity Ratio, Investment to Technical Ratio, Risk Based Capital, Premium Growth, Loss Ratio.
The research carried out aims to obtain
analysis results related to the determinants of financial
distress in the general insurance industry which is
licensed and registered with the Financial Services
Authority in Indonesia by using variable indicators of
financial performance ratios regulated in the POJK
(Financial Services Authority Regulations), namely the
Underwriting Ratio , Liquidity Ratio, Investment to
Technical Ratio, Risk Based Capital (RBC), Premium
Growth Ratio to potential Financial Distress with Loss
Ratio as a moderator variable. There for Indonesian
general insurance for the period 2020 to 2022 were used
as a population and obtained a sample size of 33 general
insurance companies . Use of Logistic Regression and
Moderated Regression Analys (MRA) methods as
analysis techniques. The analysis results showed that the
Underwriting Ratio, Liquidity Ratio, Risk Based Capital
had a significant negative effect on the potential for
financial distress and the Loss ratio had a moderating
role (strengthening) the influence of the Underwriting
Ratio, Liquidity Ratio, RBC on the potential for financial
distress in general insurance companies in Indonesia.
Keywords :
Financial Distress, General Insurance, Underwriting Ratio, Liquidity Ratio, Investment to Technical Ratio, Risk Based Capital, Premium Growth, Loss Ratio.
