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KBLI Navigator/Section K/66226
KBLI 66226

Retrocession Brokerage

Aktivitas Broker Penjaminan Ulang

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

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

This activity involves acting as a reinsurance broker: offering consultancy and intermediary services to arrange reinsurance coverage and handle claims settlement on behalf of the insured. You essentially connect primary insurers with reinsurers and manage the process.

What Changed

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

What You Need

Nationally, this KBLI is 100% open to foreign investment. 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

Foreign reinsurance brokers or intermediaries who want to serve the Indonesian market through a locally established company.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
ProcessingSesuai ketentuan OJK/BI
2020 → 2025
Previous codes (KBLI 2020): 66226
Common Questions
Can foreigners operate a retrocession brokerage business in Indonesia?
Yes. KBLI 66226 (Aktivitas Broker Penjaminan Ulang) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 66226?
KBLI 66226 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.
What is KBLI 66226?
KBLI 66226 is the Indonesian business classification code for "Aktivitas Broker Penjaminan Ulang" (Retrocession 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 66226 change from KBLI 2020 to 2025?
KBLI 66226 was mapped from previous code 66226 (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

66291Section K

Actuarial Advisory

Aktivitas Advisori Aktuaria

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

Surety Brokerage

Aktivitas Broker Penjaminan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66292Section K

Insurance & Pension Fund Supervision

Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66224Section K

Surety Agency

Aktivitas Agen Penjaminan

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66299Section K

Other Insurance & Pension Support Services

Aktivitas Penunjang Lainnya untuk Asuransi, Penjamian, dan Dana Pensiun Ytdl

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66223Section K

Reinsurance Brokerage

Aktivitas Pialang Reasuransi

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

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