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| SECTION K : FINANCIAL AND INSURANCE ACTIVITIES | | Division 65 : Insurance, reinsurance and pension funding, except compulsory social security | | Group | Class | Sub-class | Description | | | 6511 | | Life insurance | | | | | This class includes underwriting annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies (with or without substantial savings element) | | | | 65110 | Life insurance | | | 6512 | | Non-life insurance | | | | | This class includes provision of insurance services other than life insurance such as accident and fire insurance, health insurance, travel insurance,property insurance, motor, marine, aviation and transport insurance, pecuniary loss and liability insurance | | | | 65120 | Non-life insurance | | 652 | | | Reinsurance | | | 6520 | | Reinsurance | | | | | This class includes the activities of assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers | | | | 65020 | Reinsurance | | 653 | | | Pension funding | | | 6530 | | Pension funding | | | | | This class includes legal entities (i.e. funds, plans and/or programmes) organized to provide retirement income benefits exclusively for the sponsor’s employees or members. This includes pension plans with defined benefits, as well as individual plans where benefits are simply defined through the member’s contribution. | | | | 65300 | Pension funding |
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