The Effect of Premium Income and Risk-Based Capital (RBC) on Profitabilty of Life Insurance Company in Indonesia 2019 – 2023

This study aims to analyze and determine the effect of premium income and Risk-Based Capital (RBC) on Profitabilty of Life Insurance Company in Indonesia 2019 – 2023. The population in this study were 39 life insurances companies listed on Otoritas Jasa Keuangan (OJK) in the 2019-2023 period, and the sample was determined as many as 28 companies from all existing populations based on a purposive sampling method. This research data uses secondary data, namely the financial statements of life insurances companies for 2019-2023. The data analysis method used is a panel data regression test with Eviews 12 software. The results of this study show that both premium income and risk-based capital (RBC) have a significant simultaneous influence on the profitability of life insurance companies. The partial research results are as follows: 1) Premium income has a significant positive impact on life insurance companies, and 2) Risk-based capital (RBC) has a significant positive impact on the profitability of life insurance companies.