Group K

GROUP            SectionDivisionClass

Financial service activities, except insurance and pension funding
Monetary intermediation
This group includes the obtaining of funds in the form of transferable deposits, i.e. funds that are fixed in money terms, obtained on a day-to-day basis and, apart from central banking, obtained from non-financial sources.
Activities of holding companies
Trusts, funds and similar financial entities
Other financial service activities, except insurance and pension funding
This group includes financial service activities other than those conducted by monetary institutions.
Insurance, reinsurance and pension funding, except compulsory social security
Insurance
This group includes life insurance with or without a substantial savings element and non-life insurance.
Reinsurance
Pension funding
Activities auxiliary to financial services and insurance activities
Activities auxiliary to insurance and pension funding
This group includes acting as agents (i.e. brokers) in selling annuities and insurance policies or provide other employee benefits and insurance and pension related services such as claims adjustment and third party administration.
Fund management activities