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Pratiwi Hidayah Ndaru , A., & Soesetio, Y. (2021). Early Warning System Analysis of General Insurance Companies. KnE Social Sciences, 5(8), 72–86. https://doi.org/10.18502/kss.v5i8.9349

https://doi.org/10.18502/kss.v5i8.9349

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authors

  • Amandhita Pratiwi Hidayah Ndaru

    Amandhita Pratiwi Hidayah Ndaru

    Department of Management, Faculty of Economic, Universitas Negeri Malang
  • Yuli Soesetio

    Yuli Soesetio

    Department of Management, Faculty of Economic, Universitas Negeri Malang

Published Date

  • Jul 14, 2021

Early Warning System Analysis of General Insurance Companies

KnE Social Sciences / International Research Conference on Economics and Business / Pages 72–86

Abstract

This research aimed to examine the effect of an Early Warning System on insurance company performance. The sample included insurance companies listed on The Financial Services Authority (OJK) in 2016-2018. Fifty samples were obtained through purposive sampling. Data were analysed using regression. The results showed that the loss ratio, liquidity ratio, technical reserve ratio and age of the insurance company affected their performance, but not consistently across the three regression test methods. Meanwhile, the retention ratio did not affect the performance of insurance companies consistently. These results suggest that Indonesian insurance companies having a tendency to prioritize public trust to increase the insurance business.


Keywords: Early Warning System, Insurance Company Performance, Indonesia General Insurance

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