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KBLI Navigator/Section K/66223
KBLI 66223

Reinsurance Brokerage

Aktivitas Pialang Reasuransi

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskDirect Match🏝️✅Registrable in Bali· medium conf.

This covers acting as a reinsurance broker—consulting and facilitating the placement of conventional or Sharia-compliant reinsurance, and managing the settlement of related claims on behalf of insurance, guarantee, or reinsurance companies.

What Changed

Direct 1:1 match from KBLI 2020 — code and scope unchanged.

What You Need

Nationally, the field is fully open to 100% foreign ownership. In Bali, the island-wide moratorium (in force since 13 May 2026) only halts PMA registrations for Low and Medium-Low risk lines — this KBLI's large-scale (Besar) risk class is higher, so it is not caught: PMA registration in Bali remains possible.

Who This Is For

Experienced reinsurance or insurance professionals aiming to build an intermediary brokerage that places coverage and handles claims for insurers or reinsurers.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
ProcessingSesuai ketentuan OJK/BI
2020 → 2025
Previous codes (KBLI 2020): 66223
Common Questions
Can foreigners operate a reinsurance brokerage business in Indonesia?
Yes. KBLI 66223 (Aktivitas Pialang Reasuransi) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 66223?
KBLI 66223 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.
What is KBLI 66223?
KBLI 66223 is the Indonesian business classification code for "Aktivitas Pialang Reasuransi" (Reinsurance Brokerage). 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.
How did KBLI 66223 change from KBLI 2020 to 2025?
KBLI 66223 was mapped from previous code 66223 (KBLI 2020). This is a direct match — the code number and scope remained the same. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

66224Section K

Surety Agency

Aktivitas Agen Penjaminan

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66222Section K

Insurance Brokerage

Aktivitas Pialang Asuransi

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66225Section K

Surety Brokerage

Aktivitas Broker Penjaminan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66221Section K

Insurance Agency

Aktivitas Agen Asuransi

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66226Section K

Retrocession Brokerage

Aktivitas Broker Penjaminan Ulang

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66212Section K

Insurance Loss Adjusting

Aktivitas Penilai Kerugian Asuransi

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

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