Insurance, reinsurance and pension funding, except compulsory social security

List of business classifications grouped under K65 - Insurance, reinsurance and pension funding, except compulsory social security in Indonesia.

KBLI Name Description Status
65302

Financial institution pension fund

This group is a pension fund established by a commercial bank or life insurance company for the community or individuals or a company for its employees. Included in this group are businesses to collect and invest funds for the purpose of paying a certain amount of money at retirement. Funding and administration of compulsory social security provided by the government for the benefit of the public or general are included in the 84300 group.

Open
65201

Conventional reinsurance

Conventional reinsurance activities or the coverage of all or part of the risks associated with existing insurance policies that are covered by other insurance companies.

Closed to foreign investment
65202

Sharia reinsurance

Reinsurance activities with sharia principles or the coverage of all or part of the risks associated with existing insurance policies that are covered by other insurance companies.

Closed to foreign investment
65301

Employer pension fund

This group is a pension fund established by an employer for part or all of its employees. Included in this group are businesses to collect and invest funds for the purpose of paying a certain amount of money at retirement. Funding and administration of compulsory social security provided by the government for the benefit of the public or general are included in the 84300 group

Closed to foreign investment
65122

Sharia non-life insurance

Insurance businesses with sharia principles that specifically bear the risk of loss, loss of property or property including legal liability to third parties that may occur against the insured's property or property due to certain reasons with a certain amount of coverage that has been determined and agreed by both parties stated in the agreement letter. Provisions for insurance services other than life insurance, such as accident and fire insurance, health insurance, travel insurance, property insurance, transportation insurance, motor vehicles, ships and airlines and liability and financial loss insurance

Closed to foreign investment
65112

Sharia life insurance

Risk management services with sharia principles that provide payments to policyholders, the insured or other entitled parties in the event that the insured dies or remains alive or other payments to the policyholder, the insured or other entitled parties at a certain time regulated in agreement which amount has been determined or based on management results

Open
65121

Conventional non-life insurance

Insurance companies that specifically bear the risk of loss, loss of property or property including legal liability to third parties that may occur to the insured's property or property for certain reasons with a sum insured, the amount of which has been determined and approved by the two the parties listed in the letter of agreement. Provisions for insurance services other than life insurance, such as accident and fire insurance, health insurance, travel insurance, property insurance, transportation insurance, motor vehicles, ships and airlines and liability and financial loss insurance

Open
65111

Conventional life insurance

Risk management services that provide payments to policyholders, the insured or other entitled parties in the event that the insured dies or remains alive or other payments to the policyholder, the insured or other entitled parties at a certain time as stipulated in the agreement. has been determined or based on management results

Open

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