Faktor Penentu Surplus Underwriting Dana Tabarru’ Asuransi Jiwa Syariah di Indonesia Periode 2015-2020

Abstract

The occurrence of a high underwriting surplus will greatly benefit the company and have an impact on the level of public confidence in the services and products offered by sharia insurance so that people will choose the company as a place to do insurance. This requires the underwriter to carry out underwriting management properly so that there is an underwriting surplus. This study was conducted to determine the effect of premiums, claims and investment returns on the underwriting surplus of tabarru' funds for full sharia life insurance in Indonesia in 2015-2020. This research method is done through panel data regression. Research data in the form of secondary data with purposive sampling as a technique used in the research sample. Partially, the results show that premiums have a significant positive effect on the underwriting surplus, claims have a significant negative effect on the underwriting surplus, and investment returns have an insignificant negative effect on the underwriting surplus. Simultaneous testing shows that premiums, claims and investment returns have a significant effect on the underwriting surplus.

The Factors Affecting Surplus Underwriting of Tabarru Funds in Sharia Life Insurance Companies

“…So hypothesis testing H3 rejected dan H0 accepted which means there is no influence between investment returns and underwriting tabarru funds. These results are similar to the research conducted (Widyastuti & Sholihah, 2022) explained that the investment management was not yet optimal so that it did not provide benefits to the underwriting surplus.…”

“…However, even though they have great growth potential, insurance companies still maintain their good name in the community, because there is still a negative view of the public towards insurance after the failure to pay that was experienced by several sharia insurance companies some time ago. There are three types of sharia insurance in Indonesia, namely sharia life insurance, sharia general insurance, and reinsurance (Widyastuti & Sholihah, 2022).…”

“…Other types of research related to this research, among others: on the research conducted (Widyastuti & Sholihah, 2022) the results of this study are that the more participants pay contributions, the premi collected will potentially become an underwriting surplus. Claims that occur have a significant negative effect on the underwriting surplus of tabarru' funds.…”