65 Insurance, reinsurance and pension funding, except compulsory social security
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65 Insurance, reinsurance and pension funding, except compulsory social security
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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.
This division excludes:
- provision of insurance related services on a fee or contract basis, see division 66