Financial Analysis of PT. Asuransi Harta Aman Pratama, Tbk. Using The Financial Ratio In Statement of Financial Accounting Standards (PSAK) No. 28

  • Dyah Puspitasari Sunaryo Putri Universitas Pamulang

Abstract

  1. Asuransi Harta Aman Pratama, TBk. is General Insurace which net income began to experience a drastic decline in 2015 and suffered heavy loss in 2017. The aim of this research is to analyze the financial performance of PT. Asuransi Harta Aman Pratama, Tbk using the financial ratio in Statement of Financial Accounting Standards (PSAK) No.28, that is about Insurance.  This  analisys will reveal the cause of  loss. There is one ratio that is not used in this research, that is Premium Receivable to Surplus Ratio. This company has decreased of  net profit in 2015, then in 2017 suffered losses. The result of analyze to find out which part are concern of the company to improve its performance. Used in this research is a quantitative approach of descriptive method. The present research methodology analyzes financial reports from PT. Asuransi Harta Aman Pratama, Tbk. between 2010 and 2017. It also analyzes correlated factors based on supporting data. the overall of research show ratios show poor performance and a comprehensive strategy is needed to improve performance.

Published
2019-11-27
How to Cite
SUNARYO PUTRI, Dyah Puspitasari. Financial Analysis of PT. Asuransi Harta Aman Pratama, Tbk. Using The Financial Ratio In Statement of Financial Accounting Standards (PSAK) No. 28. Politeknik & Kolej Komuniti Journal of Social Sciences and Humanities, [S.l.], v. 4, n. 1, p. 174-187, nov. 2019. ISSN 0128-2875. Available at: <https://myjms.mohe.gov.my/index.php/PMJSSH/article/view/7330>. Date accessed: 26 july 2024.