Analisis Sensitivitas Cadangan Prospektif Asuransi Jiwa Seumur Hidup terhadap Fluktuasi BI-Rate Berdasarkan Tabel Mortalitas Indonesia IV

Meisyy Laisa Usrini Deswan; Hafizha Zahra; Aulia Kusuma Putri

doi:10.36312/panthera.v6i2.1270

Authors

Meisyy Laisa Usrini Deswan Program Studi Statistika, Fakultas Matematika dan Ilmu Pengetahuan Alam, Universitas Negeri Medan, Jalan William Iskandar Ps. V, Deli Serdang, Sumatera Utara 20221, Indonesia
Hafizha Zahra Program Studi Statistika, Fakultas Matematika dan Ilmu Pengetahuan Alam, Universitas Negeri Medan, Jalan William Iskandar Ps. V, Deli Serdang, Sumatera Utara 20221, Indonesia
Aulia Kusuma Putri Program Studi Statistika, Fakultas Matematika dan Ilmu Pengetahuan Alam, Universitas Negeri Medan, Jalan William Iskandar Ps. V, Deli Serdang, Sumatera Utara 20221, Indonesia

DOI:

https://doi.org/10.36312/panthera.v6i2.1270

Keywords:

Whole Life Insurance, BI-Rate, Prospective Reserves, Mortality Table

Abstract

This study aims to analyze the sensitivity of prospective reserves for whole life insurance to BI-Rate fluctuations based on the Indonesian Mortality Table (TMI) IV. The method used is quantitative, using secondary data in the form of a male population in TMI IV, assuming a certain entry age, a fixed sum insured, and a fixed annual premium. Three constant interest rate scenarios are applied: pessimistic, normal, and optimistic. Prospective reserves are calculated using the gross premium valuation method using commutation symbols. The results show that a decrease in interest rates significantly increases reserves, especially at the middle of the policy life, and results in a positive initial reserve indicating an immediate liability burden. Conversely, an increase in interest rates depresses reserves to a negative value, reflecting a capital surplus. The conclusion of this study is that BI-Rate fluctuations significantly impact the solvency of life insurance companies, necessitating a dynamic asset-liability matching strategy.

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