Analisis Perbandingan Kinerja Keuangan Asuransi Syariah dan Konvensional yang Terdaftar di Bursa Efek Indonesia

DAFTAR LAMPIRAN 1. Sampel

Daftar Sampel Asuransi Syariah

No Kode Saham Nama Emiten Tanggal IPO

1 ASBI Asuransi Bintang Tbk 29-Nov-1989

2 ASRM Asuransi Ramayana Tbk 19-Mar-1990

2 PNIN Panin Insurance Tbk 20-Sep-1983

Daftar Sampel Asuransi Konvensional

No Kode Saham Nama Emiten Tanggal IPO

1 ABDA Asuransi Bina Dana Arta Tbk 06-Jul-1989 2 AMAG Asuransi Multi Artha Guna Tbk 23-Des-2005

3 ASDM Asuransi Dayin Mitra Tbk 15-Des-1989

4 LPGI Lippo General Insurance Tbk 06-Sep-2005 5 MREI Maskapai Reasuransi International Tbk 04-Sep-1989

2. Data Pengukuran Variabel

Data Pengukuran Asuransi Syariah Asuransi Tahun EVA Curren

t Ratio Cash Ratio Comman Size Tren Angka Indeks Asuransi Bintang Tbk 2010 2011 2012 2013 2014 -5,078,673 2,280,938 -45,829 -1,234,611 -1,184,878 216 206 468 678 445 4.7 3.6 23.1 15.13 16.7 3.68 9.27 19.28 13.19 7.45 100 340 982 739 367 Asuransi Ramayana Tbk 2010 2011 2012 2013 2014 -15,925,444 -34,557,894 -85,879,970 -73,855,530 -107,670,613 200 244 756 729 726 8.3 9.3 28.8 38.3 30.4 10.28 13.39 9.27 8.97 10.75 100 153 133 138 239 Panin Insurance Tbk 2010 2011 2012 2013 2014 227,831,000 -61,925,000 -189,925,000 -27,385,000 -218,714,000 345 366 834 429 388 25.6 27.1 78 101 123 34.34 29.47 45.96 34.65 34.5 100 117 138 145 179

Data Pengukuran Asuransi Konvensional Asuransi Tahun EVA Current

Ratio Cash Ratio Comman Size Tren Angka Indeks Asuransi Bina Dana Arta Tbk 2010 2011 2012 2013 2014 15,213,465 58,150,242 65,786,615 121,426,901 137,169,008 258 300 122 141 172 4.13 7.8 1.9 6.16 7.2 10.63 16.3 14.11 17.28 14.58 100 193 262 334 380 Asuransi Dayin Mitra Tbk 2010 2011 2012 2013 2014 3,476,221 2,607,466 4,774,137 3,099,037 367,692 161 164 121 126 126 11.8 6.9 8.3 1.6 2.3 13.68 18.74 20.19 19.32 20.49 100 154 201 232 266 Asuransi Multi Artha Guna Tbk 2010 2011 2012 2013 2014 4,879,283 19,524,192 -551,576 20,814,984 -26,486,397 232 281 220 230 261 4.14 2.6 1 1.6 2.1 24.16 30.72 24.5 30.72 24.5 100 160 247 257 235 Lippo General Insurance Tbk 2010 2011 2012 2013 2014 -29,325,733 -31,527,618 -49,331,003 -53,189,081 -64,348,320 560 432 421 256 228 2.1 2.7 3.5 2.5 1.5 23.9 13.8 10.9 13.7 18.4 100 77 78 146 236 Maskapai Reasuransi International Tbk 2010 2011 2012 2013 2014 24,512,943 33,811,607 2,884,299 -5,925,375 -61,898,728 158 163 168 166 157 24.7 37.6 5.3 8.8 8.2 12.08 13.32 19.39 18.57 17.72 100 134 210 226 251

3. Hasil Perhitungan Statistik Deskriftif Jenis_Asuransi

N Mean

Std. Deviation

Std. Error Mean EVA Asuransi Syariah 3 -3,9551E7 3,36814E

7

1,94460E7

Asuransi Konvensional 5 6,1714E6 4,53979E 7

2,03026E7

Current_Rati o

Asuransi Syariah 3 468,6667 64,28136 37,11286 Asuransi Konvensional 5 224,9600 95,05297 42,50898 Cash_Rati

o

Asuransi Syariah 3 35,3017 31,34250 18,09560 Asuransi Konvensional 6 6,6572 5,36182 2,18895 Comman_Si

ze

Asuransi Syariah 3 18,9633 14,56714 8,41034 Asuransi Konvensional 5 18,4680 4,92555 2,20277 Tren_Angka_Inde

ks

Asuransi Syariah 3 264,6667 208,82340 120,56425 Asuransi

Konvensional

4. Independent Sample Test EVA

Independent Sample Test (EVA)

EVA Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F ,036

Sig. ,856

t-test for Equality of Means

T -1,496 -1,626

Df 6 5,481

Sig. (2-tailed) ,185 ,160

Mean Difference -4,57227E7 -4,57227E7 Std. Error Difference 3,05691E7 2,81130E7 95% Confidence

Interval of the Difference

Lower -1,20523E8 -1,16124E8 Upper 2,90771E7 2,46790E7

5. Independent Sample Test Liquidity Ratio yang diwakili Current Ratio

Independent Sample Test (Current Ratio)

Current_Ratio Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F ,519

Sig. ,498

t-test for Equality of Means

T 3,879 4,319

Df 6 5,746

Sig. (2-tailed) ,008 ,006

Mean Difference 243,70667 243,70667 Std. Error Difference 62,82566 56,43029 95% Confidence Interval

of the Difference

Lower 89,97783 104,13075 Upper 397,43551 383,28258

6. Independent Sample Test Liquidity Ratio yang diwakili Cash Ratio

Independent Sample Test (Cash Ratio)

Cash_Ratio Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F 16,796

Sig. ,005

t-test for Equality of Means

T 2,334 1,571

Df 7 2,059

Sig. (2-tailed) ,052 ,253

Mean Difference 28,64447 28,64447 Std. Error Difference 12,27207 18,22752 95% Confidence Interval

of the Difference

Lower -,37436 -47,67494 Upper 57,66329 104,96387

7. Independent Sample Test Comman Size

Independent Sample Test (Common Size)

Comman_Size Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F 7,936

Sig. ,030

t-test for Equality of Means

T ,073 ,057

Df 6 2,278

Sig. (2-tailed) ,944 ,959

Mean Difference ,49533 ,49533

Std. Error Difference 6,80815 8,69402 95% Confidence

Interval of the Difference

Lower -16,16360 -32,85533 Upper 17,15427 33,84600

8. Independent Sample Test Tren Angka Indeks

Independent Sample Test (Tren Angka Indeks)

Tren_Angka_Indeks Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F 14,163

Sig. ,009

t-test for Equality of Means

T ,799 ,601

Df 6 2,112

Sig. (2-tailed) ,455 ,606

Mean Difference 73,50667 73,50667 Std. Error Difference 92,05165 122,23487 95% Confidence Interval

of the Difference

Lower -151,73560 -426,50872 Upper 298,74893 573,52205

3. Hasil Perhitungan Statistik Deskriftif

Jenis_Asuransi

N

Mean

Std.

Deviation

Std. Error

Mean

EVA Asuransi Syariah

3

-3,9551E7 3,36814E

7

1,94460E7

Asuransi Konvensional

5

6,1714E6 4,53979E

7

2,03026E7

Current_Rati

o

Asuransi Syariah

3

468,6667 64,28136

37,11286

Asuransi Konvensional

5

224,9600 95,05297

42,50898

Cash_Rati

o

Asuransi Syariah

3

35,3017 31,34250

18,09560

Asuransi Konvensional

6

6,6572

5,36182

2,18895

Comman_Si

ze

Asuransi Syariah

3

18,9633 14,56714

8,41034

Asuransi Konvensional

5

18,4680

4,92555

2,20277

Tren_Angka_Inde

ks

Asuransi Syariah

3

264,6667 208,82340 120,56425

Asuransi

Konvensional

4. Independent Sample Test EVA

Independent Sample Test (EVA)

EVA Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F ,036

Sig. ,856

t-test for Equality of Means

T -1,496 -1,626

Df 6 5,481

Sig. (2-tailed) ,185 ,160

Mean Difference -4,57227E7 -4,57227E7

Std. Error Difference 3,05691E7 2,81130E7

95% Confidence Interval of the Difference

Lower -1,20523E8 -1,16124E8

5. Independent Sample Test Liquidity Ratio yang diwakili Current Ratio

Independent Sample Test (

Current Ratio

)

Current_Ratio Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F ,519

Sig. ,498

t-test for Equality of Means

T 3,879 4,319

Df 6 5,746

Sig. (2-tailed) ,008 ,006

Mean Difference 243,70667 243,70667

Std. Error Difference 62,82566 56,43029

95% Confidence Interval of the Difference

Lower 89,97783 104,13075

6. Independent Sample Test Liquidity Ratio yang diwakili Cash Ratio

Independent Sample Test (

Cash Ratio

)

Cash_Ratio Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F 16,796

Sig. ,005

t-test for Equality of Means

T 2,334 1,571

Df 7 2,059

Sig. (2-tailed) ,052 ,253

Mean Difference 28,64447 28,64447

Std. Error Difference 12,27207 18,22752

95% Confidence Interval of the Difference

Lower -,37436 -47,67494

7. Independent Sample Test Comman Size

Independent Sample Test (

Common Size

)

Comman_Size

Equal

variances

assumed

Equal

variances not

assumed

Levene's Test for

Equality of Variances

F

7,936

Sig.

,030

t-test for Equality of

Means

T

,073

,057

Df

6

2,278

Sig. (2-tailed)

,944

,959

Mean Difference

,49533

,49533

Std. Error Difference

6,80815

8,69402

95% Confidence

Interval of the

Difference

Lower

-16,16360

-32,85533

Upper

17,15427

33,84600

8. Independent Sample Test Tren Angka Indeks

Independent Sample Test (Tren Angka Indeks)

Tren_Angka_Indeks Equal

variances assumed

Equal variances not

assumed Levene's Test for

Equality of Variances

F 14,163

Sig. ,009

t-test for Equality of Means

T ,799 ,601

Df 6 2,112

Sig. (2-tailed) ,455 ,606

Mean Difference 73,50667 73,50667

Std. Error Difference 92,05165 122,23487

95% Confidence Interval of the Difference

Lower -151,73560 -426,50872