CD Tesis
Pengaruh Beban Klaim, Pertumbuhan Premi, Likuiditas, Profitabilitas, Risk Based Capital, Dan Hasil Investasi Terhadap Kondisi Financial Distress Pada Perusahaan Asuransi Jiwa
Theoretically, the company carries out its business activities to achieve its basic objective, namely making a profit. There are many ways to achieve these goals so that the company can operate continuously. However, in its development there are companies that are successful and there are companies that fail to maintain their sustainability.
Financial difficulties make the company excluded from the market if the company is unable to control this, so that it makes the company enter into a state of default and go bankrupt. However, it can be something that benefits the company if it is managed properly, so that it becomes an alarm called an early warning system for problems that arise.
This study aims to provide empirical evidence about the factors that affect the financial distress of life insurance companies. The factors tested in determining financial distress are based on the Altman Z-Score method. The sample was taken using nonrandom sampling method with purposive sampling technique. The analytical method used to test the research hypothesis using logistic regression.
The results of this study indicate that profitability and risk-based capital have a positive effect and investment returns have a negative and significant effect on the financial distress of life insurance companies, while claim expenses, premium growth and liquidity have no effect on the financial distress of life insurance companies.
Keywords: Financial distress, life insurance, logistic regression
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