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KBLI Navigator/Section K/65203
KBLI 65203

Conventional Re-Guarantee

Penjaminan Ulang Konvensional

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskNew in 2025🏝️✅Registrable in Bali· medium conf.

This covers conventional re-guarantee activities, where your company guarantees the financial obligations of other guarantee companies. Essentially, you act as a reinsurer for the guarantee sector, providing a backstop for promises like loan guarantees or contract performance bonds.

What Changed

KBLI 2020→2025 mapping: bps only.

What You Need

Nationally, this KBLI is 100% open to foreign ownership. In Bali, it’s classified as medium-high to high risk; while not blocked by the current moratorium, registration requires verifying your specific business address. Expect heightened scrutiny during the permit process.

Who This Is For

This fits seasoned foreign insurers or financial guarantee firms aiming to underwrite the risk of local guarantee providers, provided they are ready for Bali's extra compliance steps.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
ProcessingSesuai ketentuan OJK/BI
Common Questions
Can foreigners operate a conventional re-guarantee business in Indonesia?
Yes. KBLI 65203 (Penjaminan Ulang Konvensional) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 65203?
KBLI 65203 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.
What is KBLI 65203?
KBLI 65203 is the Indonesian business classification code for "Penjaminan Ulang Konvensional" (Conventional Re-Guarantee). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.

Related Codes

65204Section K

Sharia Re-Guarantee

Penjaminan Ulang Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65202Section K

Sharia Reinsurance

Reasuransi Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65201Section K

Conventional Reinsurance

Reasuransi Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65301Section K

Conventional Employer Pension Fund

Aktivitas Dana Pensiun Pemberi Kerja Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65302Section K

Sharia Employer Pension Fund

Aktivitas Dana Pensiun Pemberi Kerja Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65132Section K

Sharia Guarantee Services

Penjaminan Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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