Insurance, reinsurance and pension funding, except compulsory social security
What this code covers
Use this division for insurance, reinsurance and pension funding, except compulsory social security when the main activity includes Insurance and Reinsurance. Check exclusions and nearby codes before applying it to a mixed activity.
Official NACE Rev. 2.1 labels and explanatory notes are imported from the source dataset. Plain-language explanations are shown separately so readers can compare interpretation with the source text.
- 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.
- provision of insurance-related services on a fee or contract basis, see division 66
- Compare with 66, 64, 65.1 when the main activity overlaps another code.
- Check national equivalent caveats before using this code for local registration or filing workflows.
- If the main revenue activity appears in an exclusion, compare the alternative code before deciding.
Use this guide as classification support, not legal, tax, filing, or regulatory advice.
- - 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.
- - provision of insurance-related services on a fee or contract basis, see division 66
- - Insurance
- - Reinsurance
- - Pension funding
- - Provision of insurance-related services on a fee or contract basis, see division 66
What is NACE 65 used for?
Use NACE 65 for insurance, reinsurance and pension funding, except compulsory social security when the main activity matches this scope: Use this division for insurance, reinsurance and pension funding, except compulsory social security when the main activity includes Insurance and Reinsurance. Check exclusions and nearby codes before applying it to a mixed activity.
What are typical examples for 65?
Typical examples include Insurance, Reinsurance, and Pension funding.
When might 65 not be the right code?
Review another code when the activity is closer to provision of insurance-related services on a fee or contract basis, see division 66.
Which codes should I compare before choosing 65?
Compare 65 with 66 Activities auxiliary to financial services and insurance activities, 64 Financial service activities, except insurance and pension funding, and 65.1 Insurance when the activity description is ambiguous.
Use this division for activities auxiliary to financial services and insurance activities when the main activity includes These services can be provided via/in different media/ways, including over the internet.. Check exclusions and nearby codes before applying it to a mixed activity.
Use this division for financial service activities, except insurance and pension funding when the main activity includes Monetary intermediation and Activities of holding companies and financing conduits. Check exclusions and nearby codes before applying it to a mixed activity.
Use this group for insurance when the main activity includes Life insurance and life reinsurance with or without a substantial savings element and other non-life insurance and Activities of insurance providers on own account. Check exclusions and nearby codes before applying it to a mixed activity.
Use this group for the broader activity area of reinsurance, including Reinsurance. Open the child codes when a more specific code is needed.
Use this group for the broader activity area of pension funding, including Pension funding. Open the child codes when a more specific code is needed.
Use this section for fINANCIAL AND INSURANCE ACTIVITIES when the main activity includes Three principal types of activities are classified in this section: raising, obtaining and providing funding (division 64); pooling of risk by underwriting insurance and annuities (division 65); and providing specialised services facilitating or supporting financial or insurance service activities (division 66).. Check exclusions and nearby codes before applying it to a mixed activity.
Rev. 2 code 65 maps to the same Rev. 2.1 class 65 Insurance, reinsurance and pension funding, except compulsory social security.
Official close match imported from NACE Rev. 2.1.
Low operational impact is expected, but systems should still store the target Rev. 2.1 version explicitly.
Confirm the target version field and update references where Rev. 2.1 is required.