WZ L—Financial and insurance activities

Where L sits

1. L Financial and insurance activities

Contains 3 narrower codes

• 64 Financial service activities, except insurance and pension funding
• 65 Insurance, reinsurance and pension funding, except compulsory social security
• 66 Activities auxiliary to financial services and insurance activities

What L includes

• This section covers financial and insurance services, as well as activities related to the credit and insurance industries, regardless of the technologies used to provide these services or ancillary services.
• Three main activities are distinguished within this section: the raising and lending of funds in Division 64, the pooling of risk through the conclusion of insurance and annuity contracts in Division 65, and the provision of specific services to facilitate or assist financial or insurance services in Division 66.
• This section also includes the Holding of assets, such as activities of holding companies and financing Conduits and the activities of trusts, funds and similar financial institutions (Department 64), as well as the activities of the reinsurance and pension schemes and pension funds (Department of 65).

L in other systems