Pengaruh Rasio Early Warning System dan Good Corporate Governance terhadap Tingkat Solvabilitas pada Asuransi Jiwa Syariah

The Effect of Early Warning System Ratio and Good Corporate Governance to The Level of Solvability in Sharia Life Insurance

Tujuan dilakukannya penelitian ini adalah untuk mengetahui pengaruh early warning system (EWS) dan good corporate governance (GCG) terhadap tingkat solvabilitas. Indikator yang digunakan untuk mengukur EWS adalah rasio perubahan surplus, rasio beban klaim, rasio biaya manajemen, rasio likuiditas dan rasio pertumbuhan premi. Sedangkan indikator yang digunakan untuk mengukur GCG adalah ukuran dewan komisaris, ukuran dewan direksi dan ukuran dewan pengawas syariah (DPS). Indikator yang digunakan untuk mengukur tingkat solvabilitas adalah risk based capital (RBC). Penelitian ini menggunakan metode penelitian kuantitatif dengan teknik purposive sampling, yang menghasilkan sampel 14 perusahaan asuransi jiwa syariah (terdiri dari 70 data) yang terdaftar di Otoritas Jasa Keuangan periode 2015-2019. Penelitian ini memiliki hasil yang menunjukkan bahwa rasio perubahan surplus, rasio beban klaim, rasio biaya manajemen, rasio pertumbuhan premi, dan ukuran DPS tidak berpengaruh terhadap tingkat solvabilitas. Sementara itu, rasio likuiditas, ukuran dewan komisaris dan ukuran dewan direksi berpengaruh terhadap tingkat solvabilitas. 

Kata Kunci: Early Warning System, Good Corporate Governance, Risk Based Capital, Asuransi Jiwa Syariah

The purpose of this research is to determine the effect of early warning systems (EWS) and good corporate governance (GCG) on the level of solvency. The indicators that used to measure EWS are the ratio of the change in surplus, the ratio of claim expenses, the ratio of management fees, the ratio of liquidity and the ratio of premium growth. Meanwhile, the indicators used to measure GCG are the size of the board of commissioners, the size of the board of directors and the size of the sharia supervisory board (SSB). The indicator used to measure the level of solvency is risk based capital (RBC). This research uses a quantitative research method with purposive sampling technique, which produces a sample of 14 sharia life insurance companies (consisting of 70 data) listed in the Financial Services Authority for the 2015-2019 period. This research has results that show that the ratio of changes in surplus, the ratio of claim expense, the ratio of management costs, the ratio of premium growth, and the size of SSB have no influence on the level of solvency. Meanwhile, the liquidity ratio, the size of the board of commissioners and the size of the board of directors have an influence on the level of solvency.

Key Words: Early Warning System, Good Corporate Governance, Risk Based Capital, Sharia Life Insurance