The Effect of Premium Income and Risk-Based Capital (RBC) on Profitabilty of Life Insurance Company in Indonesia 2019 – 2023

Authors

  • Laras Shinta Maharani
  • Elan Nurhadi Purwanto

DOI:

https://doi.org/10.54595/jmeb.v4i2.88

Keywords:

Premium Income, Risk-Based Capital (RBC), Profitability

Abstract

This study aims to analyze and determine the effect of premium income and Risk-Based Capital (RBC) on Profitabilty of Life Insurance Company in Indonesia 2019 – 2023. The population in this study were 39 life insurances companies listed on Otoritas Jasa Keuangan (OJK) in the 2019-2023 period, and the sample was determined as many as 28 companies from all existing populations based on a purposive sampling method. This research data uses secondary data, namely the financial statements of life insurances companies for 2019-2023. The data analysis method used is a panel data regression test with Eviews 12 software. The results of this study show that both premium income and risk-based capital (RBC) have a significant simultaneous influence on the profitability of life insurance companies. The partial research results are as follows: 1) Premium income has a significant positive impact on life insurance companies, and 2) Risk-based capital (RBC) has a significant positive impact on the profitability of life insurance companies.

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Published

04-03-2025

How to Cite

Laras Shinta Maharani, & Elan Nurhadi Purwanto. (2025). The Effect of Premium Income and Risk-Based Capital (RBC) on Profitabilty of Life Insurance Company in Indonesia 2019 – 2023 . Journal of Management and Energy Business, 4(2). https://doi.org/10.54595/jmeb.v4i2.88

Issue

Vol. 4 No. 2 (2024): Journal of Management and Energy Business

Section

Table of Contents

License

Copyright (c) 2025 Laras Shinta Maharani, Elan Nurhadi Purwanto

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