ABSTRACT
Business sustainability is important for stakeholders and investors and is related to the management's ability to manage the company. This study aims to analyze business sustainability at insurance companies during the pandemic of Covid-19 using the Springate (S-Score) and G-Score model. The research population is insurance companies listed on the Indonesia Stock Exchange (IDX) in 2020-2021, with a total observation of 16 companies. The research data uses secondary data obtained from the Indonesia Stock Exchange (IDX) website. The S-score results showed that the insurance companies ABDA and LIFE remained in good condition and were not threatened with bankruptcy, which indicated that they could maintain the company's sustainability in the future. There are companies that have the potential to go bankrupt and are threatened with future sustainability, namely AMAG, ASBI, ASJT, JMAS and MTWI, while other companies continue to fluctuate every period during the covid-19 pandemic. In contrast to the results of the G-Score which shows that all sustainability of insurance companies is in a good condition. Although the G-score results show all insurance companies are in good condition of sustainability, insurance companies must also consider the S-score results. Investors with the principle of prudence will take decisions based on the results of the S-score. This is related to the risk of investment in the future. © 2022 IEEE.