Work

Determinants of Profitability of the Islamic Life Insurance Industry in Indonesia

Year: 2024
Type: article
Abstract: The purpose of this study is to ascertain how economic growth and company-specific variables affect the profitability of Islamic life insurance in Indonesia. This study employed a quantitative approach using a descriptive methodology. The sampling technique used purposive sampling with a sample of 10 Islamic Life Insurance companies in Indonesia. The results of this study indicate that partially the leverage variable has a negative and significant effect on profitability. Premium growth variable has a positive and significant effect on profitability. The variables of company size, tangibility, liquidity, and economic growth have no effect on profitability. While simultaneously the variables of company-specific factors (company size, leverage, tangibility, premium growth, and liquidity) and economic growth have a significant effect on profitability.
Language: English
Subfield: Accounting
Open Access status: diamond
OpenAlex ID: W4403303604
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