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"[ABSTRAKTesis ini membahas pengaruh piutang reasuransi terhadap risiko kredit reasuransi dan manajemen risiko perusahaan asuransi umum terbuka di Indonesia. Kemampuan reasuradur untuk memenuhi liabilitasnya merupakan faktor penting yang mempengaruhi risiko bawaan perusahaan asuransi umum karena hal ini terkait dengan piutang reasuransi dan risiko kredit reasuransi, yaitu risiko kerugian keuangan yang disebabkan pelanggan atau pihak lawan gagal memenuhi kewajiban kontraktualnya yang dalam hal ini berarti kegagalan reasuradur untuk membayar klaim pemulihan kembali. Penelitian ini bertujuan untuk melihat pengaruh piutang reasuransi terhadap risiko kredit reasuransi dan melihat program reasuransi yang dimiliki oleh perusahaan asuransi umum terbuka di Indonesia dengan uji hipotesis dan analisis regresi linier serta analisis kuadran pemetaan piutang reasuransi dan risiko kredit reasuransi. Penelitian ini juga melihat implikasi manajerial terkait pengendalian piutang reasuransi dan risiko kredit reasuransi perusahaan asuransi umum terbuka di Indonesia. Hasil penelitian menunjukkan bahwa piutang reasuransi berpengaruh terhadap risiko kredit reasuransi walaupun tidak secara signifikan. Secara keseluruhan terjadi peningkatan angka piutang reasuransi perusahaan asuransi umum terbuka di Indonesia di tahun 2013 jika dibandingkan dengan tahun 2012.

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ABSTRACTThis thesis discusses the effect of reinsurance receivables on reinsurance credit risk and risk management of the general insurance public listed company in Indonesia. Reinsurer's ability to meet its liabilities are important factors that affect the risk of congenital general insurance because it is associated with reinsurance receivables and reinsurance credit risk, i.e the risk of financial loss due to customers or counterparties fail to meet contractual obligations which in this case means the failure of reinsurers to pay recovery claims. This study aims to look at the effect of reinsurance receivables on reinsurance credit risk and the reinsurance program by the general insurance public listed company in Indonesia with hypothesis testing and regression analysis also quadrant mapping analysis of reinsurance receivables and reinsurance credit risk. This study also examines the managerial implications of reinsurance receivables and reinsurance credit risk of the general insurance public listed company in Indonesia. The results showed that the reinsurance receivables affect the reinsurance credit risk, although not significantly. Overall there is an increase in the numbers of reinsurance receivables in the general insurance public listed company in Indonesia at 2013 when compared to 2012.;This thesis discusses the effect of reinsurance receivables on reinsurance credit risk and risk management of the general insurance public listed company in Indonesia. Reinsurer's ability to meet its liabilities are important factors that affect the risk of congenital general insurance because it is associated with reinsurance receivables and reinsurance credit risk, i.e the risk of financial loss due to customers or counterparties fail to meet contractual obligations which in this case means the failure of reinsurers to pay recovery claims. This study aims to look at the effect of reinsurance receivables on reinsurance credit risk and the reinsurance program by the general insurance public listed company in Indonesia with hypothesis testing and regression analysis also quadrant mapping analysis of reinsurance receivables and reinsurance credit risk. This study also examines the managerial implications of reinsurance receivables and reinsurance credit risk of the general insurance public listed company in Indonesia. The results showed that the reinsurance receivables affect the reinsurance credit risk, although not significantly. Overall there is an increase in the numbers of reinsurance receivables in the general insurance public listed company in Indonesia at 2013 when compared to 2012., This thesis discusses the effect of reinsurance receivables on reinsurance credit risk and risk management of the general insurance public listed company in Indonesia. Reinsurer's ability to meet its liabilities are important factors that affect the risk of congenital general insurance because it is associated with reinsurance receivables and reinsurance credit risk, i.e the risk of financial loss due to customers or counterparties fail to meet contractual obligations which in this case means the failure of reinsurers to pay recovery claims. This study aims to look at the effect of reinsurance receivables on reinsurance credit risk and the reinsurance program by the general insurance public listed company in Indonesia with hypothesis testing and regression analysis also quadrant mapping analysis of reinsurance receivables and reinsurance credit risk. This study also examines the managerial implications of reinsurance receivables and reinsurance credit risk of the general insurance public listed company in Indonesia. The results showed that the reinsurance receivables affect the reinsurance credit risk, although not significantly. Overall there is an increase in the numbers of reinsurance receivables in the general insurance public listed company in Indonesia at 2013 when compared to 2012.]"

"[ABSTRAKSalah satu opsi manajemen risiko bagi perusahaan asuransi adalah denganmembagi atau mentransfer risiko yang ditanggungnya kepada perusahaanasuransi lain, yang disebut reasuransi. Konsep reasuransi ini memberikan banyakkeuntungan bagi perusahaan asuransi, sekaligus membebani perusahaan denganbiaya tertentu. Penelitian ini dilakukan untuk mengetahui faktor yangmemengaruhi kebutuhan jasa reasuransi pada perusahaan asuransi di Indonesiadengan melihat aspek loss ratio, gearing ratio, tingkat debt to equity ratio,volatilitas biaya klaim, volatilitas hasil investasi, jenis organisasi, dan konsentrasilini pertanggungan perusahaan. Dari hasil penelitian kepada perusahaan asuransikerugian sebanyak 64 perusahaan dari tahun 2010-2013, dapat ditarik kesimpulanbahwa kebutuhan reasuransi: sebanding dengan tingkat loss ratio, volatilitas biayaklaim, gearing ratio, dan ukuran perusahaan; berbanding terbalik dengan DER;berbanding terbalik dengan derajat konsentrasi lini pertanggungan, dandipengaruhi oleh jenis organisasi perusahaan.

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ABSTRACTAn option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 ? 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company?s asset;inversely with DER and business concentration; also influenced by organizationalform.;An option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 ? 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company?s asset;inversely with DER and business concentration; also influenced by organizationalform.;An option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 ? 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company?s asset;inversely with DER and business concentration; also influenced by organizationalform.;An option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 ? 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company?s asset;inversely with DER and business concentration; also influenced by organizationalform.;An option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 ? 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company?s asset;inversely with DER and business concentration; also influenced by organizationalform., An option for risk management in insurance company is to transfer or divide theirrisk to other insurance company, this called reinsurance. The concept ofreinsurance is very helpful for insurance company with some benefits, yet causessome expenses. This study aimed to analyze what factors influence the demand ofreinsurance in Indonesia by considering loss ratio, gearing ratio, debt to equityratio, claim cost volatility, investment return volatility, organizational form, andbusiness concentration. From the study of 64 insurance company in Indonesiaduring 2010 – 2013, it can be concluded that the need of reinsurance is: in linewith degree of loss ratio, claim cost volatility, gearing ratio, and company’s asset;inversely with DER and business concentration; also influenced by organizationalform.]"

"Tesis ini membahas bentuk tanggung jawab perusahaan reasuransi terhadap pihak tertanggung apabila penanggung tidak dapat melaksanakan kewajibannya kepada pihak tertanggung dan hubungan antara pihak tertanggung dengan pihak penanggung ulang yang diatur di dalam Kitab Undang-Undang Hukum Perdata. Penelitian ini merupakan penelitian kualitatif dengan desain deskriptif analitis. Hasil penelitian ini menyarankan agar cadangan teknis seperti yang dimaksud dalam Pasal 14 ayat (1) PP No. 73 Tahun 1992 Tentang Penyelenggaraan Usaha Perasuransian harus diperbesar lagi jumlahnya, sehingga hak tertanggung untuk menerima pembayaran klaim atas kerugian yang dideritanya dapat lebih terjamin.

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The focus of this study discusses about reinsurance company responsibility to the insured if the insurer fails to execute its obligations to the insured and the relationship between the insured with the reinsurer arranged in the Indonesian Civil Code. This research is qualitative research with descriptive analytic design.

The results of this study suggest that the technical reserved as referred to in Article 14 paragraph (1) Government Regulation Number 73 Year 1992 about Operation of Insurance Bussiness should be expanded further in number, so that the insured?s right to receive payment of claims for damages suffered can be more assured."

"Reasuransi merupakan salah satu aspek penting dalam bisnis asuransi. Untuk mengelola bisnis, asuransi tidak hanya mengandalkan kapasitas sendiri, tetapi juga kapasitas tambahan yang diberikan oleh reasuransi. Sebagai parameter kesehatan finansial, OJK sebagai regulator mewajibkan asuransi untuk memiliki Reasuransi dalam negeri. Seperti kita ketahui, reasuransi dalam negeri di Indonesia tidak setinggi reasuransi asing. Bisnis asuransi akan selalu dikaitkan dengan reasuransi karena sifat asuransi yaitu spreading risk (dengan mengurangi risiko yang timbul dari klaim). Penelitian sebelumnya memberikan indikator bahwa kekuatan finansial akan mempengaruhi bagaimana perusahaan jasa mengelola bisnis dan profitabilitas mereka. Tulisan ini bertujuan untuk menyelidiki secara empiris hubungan antara kekuatan finansial perusahaan dengan bisnis yang dijalankannya. Kekuatan finansial untuk bisnis reasuransi merupakan komponen terpenting karena karakteristik bisnisnya, business to business. RBC sebagai salah satu parameter perusahaan asuransi untuk memilih reasuransi. Jadi dengan komponen RBC asuransi dapat melihat bagaimana bisnis dan tata kelola reasuransi. Kerangka analisis didasarkan pada hubungan antara faktor modal berbasis risiko dalam reasuransi dengan efektivitas bisnis dan profitabilitas. Data selanjutnya akan diberikan oleh laporan tahunan perusahaan dengan total 5 reasuransi lokal di Indonesia yang diuji dengan model regresi. Penelitian akan menunjukkan bagaimana faktor Risk based capital mempengaruhi bisnis perusahaan reasuransi. Penelitian diharapkan dapat membantu industri untuk lebih memahami pentingnya kekuatan finansial perusahaan reasuransi meningkatkan pengetahuan penulis lebih dalam tentang pentingnya faktor RBC untuk bisnis reasuransi. Berbeda dengan asuransi, meskipun bisnis jasa, asuransi akan langsung ke konsumen, dan reasuransi akan merusak bisnis dari asuransi, sehingga akan menjadi karakteristik B2B. Selain layanan reasuransi, kekuatan finansial adalah salah satu parameter utama dari asuransi untuk memilih reasuransi.

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Reinsurance is one of important aspect from insurance business. To ruin their business, insurnaces don’t only rely on their capacity, but to their back up capacity behind them. For arising financial strength and intercalation to Indonesia’s GDP, OJK as regulatory has obligatory for insurance to ceded their insurance cession to domestic Reinsurance. As we know, domestic reinsurances in Indonesia don’t high as high foreign Reinsurance. So they will rely on their financial strenght to ruin their business due to lack of capacity. Insurance business would be always linked with reinsurace due to their requirements for spreading risk (by reduce the variability of the financial costs to insurance companies arising from the claims). The prior researches give indicator that financial strenght will affect how sevice company ruin their business and profitability making. This paper is aim to empirically inquire intercouse between financial strength of the company with their running business. Financial strenght for reinsurance business is the most important component due to their business characteristic, business to business. RBC as one of the parameter will be the one which impose the insurance company to lay their business. So with RBC’s component we could inquire how reinsurance’s business and profitability. The analysis framework is based on relationship between risk based capital’ factor in reinsurance with their business and profitability effectivity. Data will be provided secunderly by companies annual report with total 5 local reinsurance in Indonesia. And will be examined by regression model. The finding will indicate how Risk based capital’s factor involve business and profitability both for reinsurance company. The findings may help industry to better understand how financial power’ factor work for profitability. To improve authors’ deeper knowledge about the importance of risk based capital’ factor for reinsurance core business and profitability. Different from insurance, even though they are service business, insurance would be dirrect to the consumers, and reinsurance will ruin business from insurance, so they will be B2B characteristic. Beside the service of the reinsurance, financial strenght is one of the most parameter from insurance to prefer their account.

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"[ABSTRAKLaporan ini membahas penerapan perpajakan terkait kegiatan reasuransi dan juga kegiatan retrosesi pada PT DEF Indonesia. Analisis dilakukan dengan mengacu pada regulasi perpajakan dan juga teori yang berlaku. Dalam pelaksanaan yang dilakukan PT DEF Indonesia, terdapat beberapa kesesuaian yang ditunjukkan dari penerapan perpajakan terkait penerimaan premi bruto, pembayaran klaim bruto, dan pembayaran premi retrosesi, pembayaran komisi bruto, dan juga penetapan perusahaan sebagai wajib PKP. Namun ditemukan juga beberapa ketidaksesuaian antara peraturan dan teori berlaku dengan pelaksanaan yang dilakukan PT DEF Indonesia pada penerimaan klaim retrosesi dan penerimaan komisi retrosesi.;

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ABSTRACTThe report discusses the implementation of tax related to reinsurance and retrocession activities also in PT DEF Indonesia. The analysis was performed with reference to the tax regulations and also the prevailing theory. In the implementation carried out by PT DEF Indonesia, there are several cases where their tax practices conform to regulations and theory, such as gross receipt premium, gross claims payment, paymentof retrocession premiums, gross commission payment, and also the establishment of the company as required PKP. But there are also some discrepancies between related regulations and theories to the implementation by PT DEF Indonesia at the reception of retrocession claims and receipt commission retrocession.;The report discusses the implementation of tax related to reinsurance and retrocession activities also in PT DEF Indonesia. The analysis was performed with reference to the tax regulations and also the prevailing theory. In the implementation carried out by PT DEF Indonesia, there are several cases where their tax practices conform to regulations and theory, such as gross receipt premium, gross claims payment, paymentof retrocession premiums, gross commission payment, and also the establishment of the company as required PKP. But there are also some discrepancies between related regulations and theories to the implementation by PT DEF Indonesia at the reception of retrocession claims and receipt commission retrocession.;The report discusses the implementation of tax related to reinsurance and retrocession activities also in PT DEF Indonesia. The analysis was performed with reference to the tax regulations and also the prevailing theory. In the implementation carried out by PT DEF Indonesia, there are several cases where their tax practices conform to regulations and theory, such as gross receipt premium, gross claims payment, paymentof retrocession premiums, gross commission payment, and also the establishment of the company as required PKP. But there are also some discrepancies between related regulations and theories to the implementation by PT DEF Indonesia at the reception of retrocession claims and receipt commission retrocession., The report discusses the implementation of tax related to reinsurance and retrocession activities also in PT DEF Indonesia. The analysis was performed with reference to the tax regulations and also the prevailing theory. In the implementation carried out by PT DEF Indonesia, there are several cases where their tax practices conform to regulations and theory, such as gross receipt premium, gross claims payment, paymentof retrocession premiums, gross commission payment, and also the establishment of the company as required PKP. But there are also some discrepancies between related regulations and theories to the implementation by PT DEF Indonesia at the reception of retrocession claims and receipt commission retrocession.]"

"ABSTRAKUntuk menekan kerugian sekecil mungkin, lazimnya perusahaan reasuransi akan mengambil suatu jumlah tertentu sebagai jaminan atas risiko yang ditanggung danjumlah ini disebut retensi. Metode batas retensi yang ditetapkan oleh perusahaan selama ini memberikan keamanan bagi perusahaan. Sesuai Surat Edaran Otoritas Jasa Keuangan nomor 31/SEOJK.05/2015 tentang Batas Retensi Sendiri, Besar Dukungan Reasuransi dan Laporan Program Reasuransi/Retrosesi, dijelaskan mengenai batas minimum dan maksimum retensi sendiri sesuai dengan lini usaha.Metode Pentikainen mencoba untuk menetapkan batas retensi terbaru untukperusahaan. Dengan batas retensi terbaru yang disimulasikan dengan bisnisretrosesi akan didapatkan hasil underwriting bersih. Peningkatan hasilunderwriting bersih dapat meningkatkan profit bagi perusahaan

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ABSTRACTIn order to minimize the loss as minimum as possible, a reinsurance company willusually take a certain amount as the security for the risk that covered. This amountis called retention. All this time the retention limit method which appointed by thecompany may provide a security value to the company. In accordance to SuratEdaran Otoritas Jasa Keuangan No 31/SEOJK.05/2015 concerning Limit OwnRetention, Reinsurance support and Reinsurance/Retrocession Program Reportexplain the minimum and maximum limit own retention according to businesslines. Pentikainen methods try to define latest retention limit for the company.When we use the latest retention limit simulated by the retrocession business, wewill get the net underwriting result. The increasing of the net underwriting resultcan make the company profit growing bigger;"

"Konsep akuntansi pertanggung jawaban adalah suatu konsep yang dikenal dalam akuntansi manajemen. akuntansi pertanggung jawaban dijadikan sebagai dasar bagi PT. Tugu Reasuransi Indonesia untuk menyusun anggaran bagi kegiatan operasinya. Baik akuntansi pertanggung jawaban dengan proses penyusunan anggaran tersebut terjalin suatu hubungan yang saling berpengaruh. Anggaran membutuhkan penerapan akuntansi pertanggung jawaban yang efektif agar dapat berjalan dengan baik. Di lain hal, akuntansi pertanggung jawaban membutuhkan anggaran sebagai salah satu unsur pendukung bagi efektifitas pengaplikasiannya. Penelitian yang dilakukan pada PT. Tugu Reasuransi Indonesia bertujuan untuk melihat pengaruh akuntansi pertanggung jawaban dalam anggaran perusahaan serta mengetahui kelayakan anggaran yang dibuat oleh Perusahaan sebagai standar untuk mengukur kinerja. Penelitian dilakukan penulis dengan melakukan pengamatan pada PT. Tugu Reasuransi Indonesia, yang merupakan salah satu perusahaan reasuransi sebagai suatu studi kasus. Penelitian dilakukan pada proses perencanaan hingga proses pelaksanaan anggaran. Dari penelitian yang dilakukan, hasil yang didapat menunjukkan bahwa adanya keterkaitan antara keduanya. Proses penyusunan anggaran di PT. Tugu Reasuransi Indonesia dilakukan dengan seksama dan penuh pertimbangan, cukup sesuai dengan konsep akuntansi pertangggung jawaban. Meskipun penerapan akuntansi pertanggung jawaban tidak sepenuhnya diterapkan, dari sisi investasi, peranan direksi dan pusat pertanggung jawaban yang masih perlu dibenahi dan diperbaiki. Kesimpulan dari penelitian ini, penerapan konsep akuntansi pertanggung jawaban di PT. Tugu Reasuransi Indonesia telah berjalan cukup efektif. Struktur organisasi dan kebijakan-kebijakan perusahaan yang mendukung pelaksanaan akuntansi pertanggung jawaban perlu untuk dievaluasi untuk mengantisipasi kemungkinan timbulnya penyimpangan antara teori dengan praktek yang terjadi. Akuntansi pertanggung jawaban.

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The concept of responsibility accounting is a concept known in management accounting. Responsibility accounting serves as the basis for the PT. Tugu Reasuransi Indonesia to prepare a budget for its operations. Both responsibility accounting and budgeting process is established a relationship of mutual influence. The budgeting process requires the application of effective responsibility accounting in order to run properly. On the other hand, responsibility accounting requires the budget as a supporting element for the effectiveness of its application.

Research that has been done in PT. Tugu Reasuransi Indonesia aims to see the effect of responsibility accounting in the budget accounting firms as well as determine the feasibility of the budget made by the company as a standard to measure performance. PT. Tugu Reasuransi Indonesia is one of Reinsurance Company in Indonesia. The study was conducted from the budget planning process until the budget execution process.

Results show that there is a correlation between Budgeting process and responsibility accounting in PT. Tugu Reasuransi Indonesia, both of the elements done carefully and thoughtfully, fairly in accordance with concept of responsibility accounting. Although the application of responsibility accounting is not fully implemented, in terms of investment, the directors and responsibility center that still needs to be fixed and corrected.

The conclusion of this study, the application of responsibility accounting in PT. Tugu Reasuransi Indonesia has been running quite effective. Organizational structures and policies that support the implementation of responsibility accounting need to be evaluated to anticipate the possibility of a deviation between theory and practice occurs."

"ABSTRAKLini bisnis asuransi syariah di Indonesia sedang berkembang pesat, untuk ituperusahan asuransi syariah membutuhkan jaminan reasuransi. Jaminan reasuransisyariah di pasar asuransi indonesia disediakan oleh 3 perusahaan reasuransi berupadivisi atau unit usaha syariah. Bahwa untuk jaminan reasuransinya, perusahaaanreasuransi menerima pembayaran premi/kontribusi. Setelah dikurangi dengan ujroh(biaya untuk perusahaan) dan klaim, hasil bersih yang diperoleh perusahaanreasuransi syariah disebut Dana Tabarru reasuransi syariah. Dalam prakteknya saatini metode pembayaran premi/kontribusi reasuransi jiwa syariah adalah bersifattahunan.Pada metode pembayaran premi/kontribusi tahunan jika terjadi klaim di awal masaasuransi maka sisa premi/kontribusi tahun-tahun setelah terjadinya klaim tidak akandibayarkan ke perusahaan reasuransi syariah, padahal klaim dibayarkan penuh olehperusahaan reasuransi syariah sesuai dengan bagian risiko yang telah ditetapkandalam akseptasi awal. Dengan menggunakan present value dapat dihitung tarif preminetto reasuransi syariah sekaligus. Jika menggunakan metode pembayaranpremi/kontribusi sekaligus, maka pihak reasuransi syariah akan menerimapremi/kontribusi sekaligus di awal masa asuransi, dan jika terjadi klaim maka tidakakan berpengaruh pada besarnya premi/kontribusi yang telah diterima. Besarnyaklaim yang dibayarkan dan premi/kontribusi yang telah diterima sesuai dengan risikoyang telah dibagi pada awal perjanjiaan antara perusahaan asuransi syariah denganperusahaan reasuransi syariah. Studi ini meneliti pengaruh perubahan pembayaranpremi/kontribusi dari tahunan menjadi sekaligus terhadap Dana Tabaru? reasuransisyariah

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ABSTRACTThe insurance business has developed so rapidly in Indonesia that insurancecompanies need reinsurance guaranties. In Indonesian insurance market, the Shariareinsurance guaranty is offered by three reinsurance companies, be it division orSharia venture. In the operation, reinsurance companies receives premium. Afterdeductions for cost and claims, the net revenue left for the Sharia reinsurancecompanies is called Tabarru Fund. Currently, the premium of the Sharia lifereinsurance is paid annually.In this annual payment, if the claim takes place at the beginning of the insuranceperiod, the rest of the premium will not be paid to the Sharia Reinsurance companiesdespite of the full payment provided by the Sharia Reinsurance companies based onthe risk sharing principle agreed in the acceptance. By using the present value, the netsingle premium of the Sharia reinsurance can be decided. If the premium is paid in asingle payment, the Sharia reinsurance will receive the fund at once at the beginningof the insurance period; it will not be affected when the claim takes place. Theamount of paid claims and the received premium are in line with the sharing riskagreed earlier by the Sharia Insurance and the Sharia Reinsurance compaines. Thisstudy contributes to literature on the relations between the method of premiumpayment and the Tabarru? Fund of Shariah Reinsurance"

"Tujuan dari penelitian ini adalah untuk merancang model dan matriks key risk indicators (KRI) atas risiko-risiko signifikan dari risiko kredit dan risiko operasional. Penelitian yang dilakukan merupakan studi kasus pada unit analisis PT ABC yang bergerak pada bidang reasuransi. Metode yang digunakan pada tesis ini adalah kualitatif dengan pengumpulan data melalui wawancara dan observasi dokumen perusahaan. Analisis dan perancangan KRI yang dilakukan berupa penentuan akar risiko, indikator pemantauan, serta ambang batas (threshold) dari risiko-risiko signifikan yang berpengaruh pada penurunan rasio risk based capital (RBC) perusahaan. Risiko-risiko yang signifikan tersebut diidentifikasi dari profil risiko perusahaan dan kajian strategis perusahaan, di antaranya pada risiko kredit yaitu risiko piutang perusahaan dengan umur piutang lebih dari 60 hari yang tinggi dan pada risiko operasional yaitu risiko terlambat mencatatkan produksi premi. Perancangan juga dilakukan atas kerangka kerja KRI dalam penerapannya pada manajemen risiko perusahaan. Hasil penelitian menunjukan pada risiko piutang perusahaan dengan umur piutang lebih dari 60 hari yang tinggi diperoleh empat penyebab menengah, lima akar penyebab dan lima indikator KRI. Sedangkan, risiko terlambat mencatatkan produksi premi diperoleh lima penyebab menengah, empat akar penyebab dan empat indikator KRI. Perancangan KRI ini diharapkan membantu perusahaan untuk melakukan proses pemantauan (monitoring), terutama terhadap peristiwa-peristiwa yang menjadi indikasi terjadinya suatu risiko. Berdasarkan peringatan dan informasi dini dari KRI, perusahaan dapat melakukan berbagai tindakan mitigasi lebih awal guna mengurangi kemungkinan terjadinya peristiwa risiko (likelihood) maupun dampak (impact) yang ditimbulkan oleh risiko tersebut.

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The purpose of this research is to design the model and matrix of key risk indicators (KRI) for the significant risks of credit risk and operational risk. This research is a case study on PT ABC as the analysis unit which is engaged in reinsurance. The method used in this thesis is qualitative with data collection through interviews and observation of the company documents. The analysis and design of KRI are in the form of determining the risk root causes, monitoring indicators, and thresholds of significant risks that affect the decline in the company's risk-based capital (RBC) ratio. The significant risks are identified from the company's risk profile and strategic review, among others on the credit risk is the risk of the company's receivables with a high age of receivables of more than 60 days and on the operational risk is the risk of late recording of premium production. The results showed that in the risk of company receivables with a high age of receivables of more than 60 days, four intermediate causes, five root causes and five KRI indicators were obtained. Meanwhile, the risk of being late in recording premium production obtained five intermediate causes, four root causes and four KRI indicators. The design is also conducted in the framework of KRI in its application to the company's risk management process. The design of this KRI is expected to help the company to conduct the monitoring process, particularly on the events that indicate the occurrence of a risk. Based on early warning and information from the KRI, the company may undertake early various mitigation actions to reduce the likelihood and impact of those risks."

"Penelitian ini bertujuan untuk mengetahui pengaruh perubahan risiko perusahaan dan rasio Risk Based Capital (RBC) terhadap perubahan modal perusahaan asuransi umum di Indonesia pada periode 2013-2017. Observasi dilakukan terhadap 29 perusahaan asuransi umum di Indonesia. Asset Risk dan Product Risk digunakan sebagai proksi untuk mengukur risiko perusahaan. Hasil penelitian menunjukkan bahwa perubahan risiko perusahaan dan rasio RBC di Indonesia memiliki pengaruh signifikan dalam mempengaruhi perubahan modal perusahaan asuransi umum di Indonesia pada periode 2013-2017. Hasil ini sesuai dengan penelitian sebelumnya dengan topik yang sama untuk perusahaan asuransi umum dan perbankan. Pada penelitian ini, perubahan risiko perusahaan secara positif dan rasio RBC berpengaruh secara negatif terhadap perubahan modal perusahaan. Artinya, setiap adanya peningkatan risiko di perusahaan, perusahaan akan mengiringi peningkatan risiko tersebut dengan peningkatan modal sehingga perusahaan dapat mematuhi peraturan RBC dan mampu menanggulangi setiap risiko yang dimilikinya.

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The main purpose of this research is to analyze the impact of change in companies risk and risk based capital (RBC) ratio on the change in capital in general insurance companies in Indonesia for the period 2013-2017. Observations were made on 31 general insurance companies in Indonesia. Asset Risk and Product Risk were used as a proxy to measure company risk.

The results of research shows that the companies risk and RBC ratio in Indonesia have a significant influence on the change in capital in general insurance companies in Indonesia for the period 2013-2017. These results agree with the previous research on the same topic for general insurance and banking companies.

In this study, change in companies risk has a positive influence and RBC ratio has a negative influence on changes in companies capital. That means, whenever there is an increase in risk in the company, the company will increase their capital so that the company can comply with RBC regulations and are able to cope with any risks they has."