Pengaruh Pendapatan Premi, Beban Klaim, Hasil Underwriting, dan Risk Based Capital Terhadap Laba dan Harga Saham (Studi Kasus pada Peusahaan Asuransi yang Terdatar di Bursa Efek Indonesia Tahun 2012-2016)

Abstract

Abstract. this study to find out the factors that affect earnings and stock prices on 9 insurance companies listed on the Indonesia Stock Exchange period 2012-2016. Earnings and stock prices are the dependent variable in this study. There are five independent variables used are premium income, claims expense, underwriting result, and Risk Based Capital. This research belongs to quantitative research with the population of insurance companies listed in Indonesia Stock Exchange (BEI). While the sample of this study is determined by purposive sampling method so that 9 samples from 11 companies in the observation period 2012-2016. The result of research indicate that partially variable of Premium Revenue, Claim Cost, and Risk Based Capital have an effect on Profit variable while Underwriting Result variable has no effect to Profit variable. While simultaneously, the variable Premium Income, Claim Expense, and Risk Based Capital together affect the Variable Profit. And variable of Premium Revenue, Claim Cost, Risk Based Capital, and Underwriting Result have no effect to stock price variable. While simultaneously, variable of Premium Income, Claim Cost, Risk Based Capital, and Underwriting Result together influential to Variable Profit.

Keywords: Premium Revenue, Claim Cost, Risk Based Capital, and Underwriting Result 

Abstrak. Tujuan dari penelitian ini untuk mengetahui mengetahui faktor-faktor yang mempengaruhi laba dan harga saham pada  perusahaan asuransi yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Laba dan harga saham merupakan variabel dependen dalam penelitian ini. Ada lima variabel independen yang digunakan yaitu pendapatan premi, beban klaim, hasil underwriting, dan Risk Based Capital. Penelitian ini tergolong penelitian kuantitatif dengan populasi perusahaan asuransi yang terdaftar di Bursa Efek Indonesia (BEI). Sedangkan sampel penelitian ini ditentukan dengan metode purposive sampling sehingga diperolah 9 sampel dari 11 perusahaan pada periode pengamatan 2012-2016. Hasil penelitian menunjukkan bahwa secara parsial variabel Pendapatan Premi, Beban Klaim, dan Risk Based Capital berpengaruh terhadap variabel Laba sedangkan variabel Hasil Underwriting tidak berpengaruh terhadap variabel Laba. Sedangkan secara simultan, variabel Pendapatan Premi, Beban Klaim, dan Risk Based Capital bersama-sama berpengaruh terhadap Variabel Laba. Dan variabel Pendapatan Premi, Beban Klaim, Risk Based Capital, dan Hasil Underwriting tidak berpengaruh terhadap variabel Harga Saham. Sedangkan secara simultan, variabel Pendapatan Premi, Beban Klaim, Risk Based Capital, dan Hasil Underwriting bersama-sama berpengaruh terhadap Variabel Laba.

Kata Kunci: Pendapatan Premi, Beban Klaim, Risk Based Capital, dan Hasil Underwriting