Group 652 - Reinsurance
PSIC Group 652 covers Reinsurance. Direct children below it include Reinsurance. It clusters closely related activities and helps compare nearby classes before choosing the most defensible business activity code.
Child codes
These are the next codes most users should open after this hub page.
Nearby codes
Practical summary
Group 652 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities > 65 Insurance, Reinsurance and Pension Funding, except Compulsory Social Security. This group usually narrows the choice to a small family of classes such as Reinsurance. It is useful when two or three neighboring activities look similar but should not be collapsed into one code.
Where this code is used
This group is used when reviewers compare a short list of classes such as Reinsurance and need to decide which family is the closest fit. It is common in internal classification review and administrative lookup work.
How to choose it
Use this group when the activity sits between similar classes such as Reinsurance. The safest choice is the one whose wording matches the actual production, service or operating model most closely.
FAQ
What does PSIC Group 652 cover?
PSIC Group 652 clusters a smaller family of classes under Reinsurance and is useful when the business sits between closely related options.
How do I compare Group 652 with sibling groups?
Look at the parent class and the nearby sibling groups. On this page, the most relevant nearby options are 651 Insurance and 653 Pension funding.
Why is Group 652 useful for classification?
It sits at the point where a broad sector is already narrowed enough to compare a small family of similar classes before the final code choice.