Early Warning System for Sharia Insurance Companies in Indonesia and Malaysia at 2013-2015 periode

Sylva Alif Rusmita, Puji Sucia Sukmaningrum, Zata Atikah Amani

2017

Abstract

The purpose of this research is to know the health of Islamic insurance companies in Indonesia and Islamic insurance companies in Malaysia using early warning system during the period of 2013-2015. Early warning system is the measurement where those ratios will provide early warning. This research method uses quantitative methods, and using sample of three Islamic insurance companies in Indonesia and eight Islamic insurance companies in Malaysia. Assessment of financial performance using early warning system is measured by the ratio of change of surplus ratio, underwriting ratio, incurred loss ratio, commission ratio, management ratio, investment yield ratio, premium growth ratio, and retention ratio. The data used is secondary data which is being collected of annual financial report from 2013-2015. The results show all of the ratios on Islamic insurance companies in Indonesia and Malaysia in good health. But when viewed from per ratio, health level in Islamic insurance companies in Malaysia is better than Islamic insurance companies in Indonesia.

Paper Citation

in Harvard Style

Rusmita S., Sukmaningrum P. and Amani Z. (2017). Early Warning System for Sharia Insurance Companies in Indonesia and Malaysia at 2013-2015 periode.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 135-140. DOI: 10.5220/0007078201350140

in Bibtex Style

@conference{iciebp17,
author={Sylva Alif Rusmita and Puji Sucia Sukmaningrum and Zata Atikah Amani},
title={Early Warning System for Sharia Insurance Companies in Indonesia and Malaysia at 2013-2015 periode},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={135-140},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007078201350140},
isbn={978-989-758-315-5},
}

in EndNote Style

TY - CONF

JO - 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,
TI - Early Warning System for Sharia Insurance Companies in Indonesia and Malaysia at 2013-2015 periode
SN - 978-989-758-315-5
AU - Rusmita S.
AU - Sukmaningrum P.
AU - Amani Z.
PY - 2017
SP - 135
EP - 140
DO - 10.5220/0007078201350140