ATECO 65—Insurance, reinsurance and pension funding, except compulsory social security

Where 65 sits

1. L Financial and Insurance Activities
2. 65 Insurance, reinsurance and pension funding, except compulsory social security

Contains 3 narrower codes

• 65.1 Insurance
• 65.2 Reinsurance
• 65.3 Pension funding

What 65 includes

• This division includes underwriting annuities, insurance policies (for example, direct life and non-life insurance) and investing premiums to build up a portfolio of financial assets to be used against future claims. Provision of direct insurance, pension funding and reinsurance are included.

What 65 excludes

• Provision of insurance-related services on a fee or contract basis, see division 66
• Compulsory social security activities, see 84.3

65 in other systems