THE INFLUENCE OF PREMIUM INCOME, CLAIMS, PROFITABILITY, INVESTMENT RESULTS, AND OPERATIONAL EXPENSES ON THE GROWTH OF ASSETS OF GENERAL INSURANCE COMPANIES LISTED IN THE FINANCIAL SERVICES AUTHORITY (OJK) FROM 2019 TO 2022

Abstract

The purpose of this research was to analyze the effect of premium income, claims, profitability, investment returns and operational expenses on asset growth in general insurance registered with ithe Financial Services Authority. The population in this research is all general insurance companies registered with the Financial Services Authority for the 2019-2022 periodi. The method used in this research is quantitative with secondary data via the official website of the Financial Services Authority. The analytical tool used in this research is multiple linear regression analysis. The results of this research show that 1) premium income has a significant positive effect on asset growth. 2) Claims have a significant negative effect on asset growth. 3) Profitability has no significant effect on asset growth. 4) Investment returns have a significant positive effect on asset growth. 5) Operational Expenses have a significant negative effect on asset growth. 6) Premium income, claims, profitability, investment returns and operational expenses simultaneously influence asset growth.