ABSTRACT
This research aims to test the performance of life insurance companies between sharia-based and conventional. This research was conducted for five years from 2013 to 2017 on 14 life insurance companies that have units and implement dual basis management systems in OJK. Through the Risk-Based Capital (RBC) and Early Warning System (EWS) approach, proving sharia unit performance is superior to conventional namely claim ratio, investment adequacy ratio, premium growth ratio and technical ratio. This indicates that managers who implement sharia insurance-based insurance business management are more careful and thorough than conventional systems so that they are better able to maximize the company's performance and achieve stakeholder goals.
