The impact of total equity, risk-based capital ratio, adequacy investment ratio, direct premium receivable ratio, liquidity ratio, and loss ratio toward the early warning system of general insurance
Keywords:
early warning system (ews), direct premium receivable ratio, liquidity ratio, loss ratio, equityAbstract
This study aims to analyze the impact of simultaneous and partial Total Equity, Risk-Based Capital Ratio (RBC), Investment Adequacy Ratio (RKI), Direct Premium Receivable Ratio, Liquidity Ratio, and Loss Ratio on the Early Warning System of General Insurance in Indonesia. Results of the analysis show that EWS is simultaneously influenced by the variables of Equity, Risk-Based Capital (RBC), Investment Adequacy Ratio (RKI), Direct Premium Receivable Ratio, Liquidity Ratio, and Loss Ratio. While partially EWS is not influenced by the Liquidity Ratio and Loss Ratio variables, but EWS is partially influenced by the variables of Equity, Risk-Based Capital (RBC), Investment Adequacy Ratio (RKI), and the Direct Premium Receivable Ratio. The regression coefficient that connects the variables of Equity, Risk-Based Capital (RBC), Investment Adequacy Ratio (RKI), and the Direct Premium Receivable Ratio with the EWS variable in general insurance companies in Indonesia has a significant positive value.
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