Analysis of The Financial Health Level of PT Asuransi Jasa Indonesia For the Period 2018-2022

Abstract

Based on data from the Indonesian General Insurance Association (AAUI) during the COVID-19 pandemic, namely from 2019-2021, the performance of general insurance companies has decreased, where one of the members of the Indonesian General Insurance Association (AAUI) who has decreased performance is PT Asuransi Jasa Indonesia. Based on this, it is necessary to assess the level of financial health at PT Asuransi Jasa Indonesia. The method used in this research is quantitative method, with descriptive approach. The data analysis method in this study uses financial ratio analysis which includes profitability, liquidity, and solvency ratios. The results of this study indicate that the profitability level of PT Asuransi Jasa Indonesia is included in the bad criteria during the 2018-2022 period. While the liquidity level of PT Asuransi Jasa Indonesia is included in the good criteria. And the solvency level of PT Asuransi Jasa Indonesia is included in the healthy criteria. Conclusion: The conclusion of this study is that PT Asuransi Jasindo has a fairly good financial health, although it is less able to generate profits from its assets and equity.