Teguh, Patrick Parishashabha (2024) PERBANDINGAN KINERJA INVESTASI ASURANSI UNIT LINK ALLIANZ SEBELUM DAN SETELAH PANDEMI COVID-19 DI INDONESIA. Skripsi thesis, Universitas Tarumanagara.

[thumbnail of Patrick Purishashabha Teguh 115210102 JA.pdf] Text
Patrick Purishashabha Teguh 115210102 JA.pdf
Download (1MB)

Abstract

(A) PATRICK PURISHASHABHA TEGUH 115210102
(B) COMPARISON OF ALLIANZ UNIT LINK INSURANCE INVESTMENT PERFORMANCE
BEFORE AND AFTER THE COVID-19 PANDEMIC IN INDONESIA
(C) Number of Pages: X + 66, 5 Table, 4 Attachment
(D) FINANCIAL MANAGEMENT
(E) Abstract: This study aims to analyze the comparison of investment performance in the unit
link insurance portfolio of PT Asuransi Allianz Life Indonesia before and after the COVID19
pandemic
in
Indonesia.
Investment
performance
is
measured
by
three
main
indicators,

namely

Risk Adjusted Return (RAR), Net Asset Value Return (NAV), and Selling Price
Fluctuations. This research uses a quantitative approach with a comparative method and
secondary data from 17 Allianz conventional unit-linked investment portfolios. The
analyzed period includes two years before the pandemic (2018-2019) and two years after
the pandemic (2022-2023). Hypothesis testing was conducted using the Wilcoxon Signed
Rank Test because the data was non-normally distributed. The results showed that there
were significant differences in the three indicators between before and after the pandemic.
RAR and NAV Return tended to decrease after the pandemic, while price fluctuations
increased, indicating an increase in market instability. The findings confirm that the
pandemic has a real impact on unit-linked insurance investment performance, as well as
the importance of fund managers' ability to deal with dynamic and uncertain market
conditions.
(F) Keywords: Investment Performance, Risk Adjusted Return, Price fluctuation, Net Asset
Value, Unit Link Insurance.
(G) Reference List (52)
(H) Khairina Natsir Dra., M.M.

(A) PATRICK PURISHASHABHA TEGUH (115210102)
(B) PERBANDINGAN KINERJA INVESTASI ASURANSI UNIT LINK ALLIANZ
SEBELUM DAN SETELAH PANDEMI COVID-19 DI INDONESIA
(C) Jumlah Halaman: X + 66, 5 Tabel, 4 Lampiran
(D) MANAJEMEN KEUANGAN
(E) Abstrak: Penelitian ini bertujuan untuk menganalisis perbandingan kinerja investasi pada
portofolio asuransi unit link PT Asuransi Allianz Life Indonesia sebelum dan setelah
pandemi COVID-19 di Indonesia. Kinerja investasi diukur dengan tiga indikator utama
yaitu Risk Adjusted Return (RAR), Return Nilai Aktiva Bersih (NAB), dan Fluktuasi
Harga Jual. Penelitian ini menggunakan pendekatan kuantitatif dengan metode komparatif
dan data sekunder dari 17 portofolio investasi unit link konvensional Allianz. Periode yang
dianalisis mencakup dua tahun sebelum pandemi (2018–2019) dan dua tahun setelah
pandemi (2022–2023). Pengujian hipotesis dilakukan dengan menggunakan uji Wilcoxon
Signed Rank Test karena data berdistribusi non-normal. Hasil penelitian menunjukkan
bahwa terdapat perbedaan signifikan pada ketiga indikator antara sebelum dan sesudah
pandemi. RAR dan Return NAB cenderung menurun setelah pandemi, sementara fluktuasi
harga meningkat, yang menunjukkan peningkatan ketidakstabilan pasar. Temuan ini
menegaskan bahwa pandemi memberikan dampak nyata terhadap kinerja investasi
asuransi unit link, serta pentingnya kemampuan manajer investasi dalam menghadapi
kondisi pasar yang dinamis dan penuh ketidakpastian.
(F) Kata Kunci :Kinerja Investasi, Risk Adjusted Return, Fluktuasi harga, Nilai Aktiva Bersih,
Asuransi Unit Link.
(G) Daftar Acuan (52)
(H) Khairina Natsir Dra., M.M.

Item Type: Thesis (Skripsi)
Subjects: Skripsi/Tugas Akhir
Skripsi/Tugas Akhir > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Manajemen
Depositing User: FE Perpus
Date Deposited: 30 Sep 2025 03:06
Last Modified: 30 Sep 2025 03:06
URI: https://repotest.untar.ac.id/id/eprint/48104

Actions (login required)

View Item View Item