Detailed structure and explanatory notes
ISIC Rev.3.1 code 66Structure
This Division is divided into the following Groups:
This division includes units engaged in setting up and managing insurance funds for all kinds of insurance types (life and non-life) and units engaged in the provision of retirement incomes. In either case, activities involving the collection and investment of funds are included. The activities include long- and short-term risk spreading with or without a savings element.
This division differentiates between pension funding and life and non-life insurance as the primary breakdown.
This division excludes:
- compulsory social security, see 7530
- activities auxiliary to insurance and pension funding, see 6720
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