Key facts
Code summary
Code 65
Official title Insurance, Reinsurance and Pension Funding, except Compulsory Social Security
Version PSIC 2019
Source layer PSA / BSP
Fi
PSIC 2019 Navigation-first hub Division 65 - Insurance, Reinsurance and Pension Funding, except Compulsory Social Security
PSIC Division 65 covers Insurance, Reinsurance and Pension Funding, except Compulsory Social Security. Child codes include Insurance, Reinsurance, and Pension funding. It is the shortlist layer for broad activities that...
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About this level
Practical summary
Division 65 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities. This division collects tightly related groups, with child examples such as Insurance, Reinsurance, and Pension funding. It is the main bridge between a broad sector label and the more precise groups below it.
Administrative context
Where this code is used
This division is used when the first pass is too broad and the work needs to be split into groups such as Insurance, Reinsurance, and Pension funding. It helps with registration wording, sector analytics and review of near-miss options.
Selection note
How to choose it
Use this division as the first narrowing step. Compare child groups such as Insurance, Reinsurance, and Pension funding and move to the group that best matches the real activity, not the marketing description.
Official note
Source-backed description
This division includes the underwriting annuities and insurance policies and investing premiums to build up a portfolio of financial assets to be used against future claims. Provision of direct insurance and reinsurance is included.
FAQ
What does PSIC Division 65 cover?
PSIC Division 65 groups the main activity family for Insurance, Reinsurance and Pension Funding, except Compulsory Social Security and acts as the first narrowing step below the section level.
How do I compare Division 65 with nearby divisions?
Read the child groups side by side and compare the exact operational wording. The closest neighboring options are 64 Financial Service Activities, except Insurance and Pension Funding and 66 Activities Auxiliary to Financial Service and Insurance Activities.
Why does Division 65 matter for filing?
It is the level that helps you narrow a broad section into the right group before you reach a class or subclass decision.