ISIC Rev.4 draft“Financial and insurance activities”

United Nations Statistics DivisionWorkshop on Classifications,

Montevideo, Uruguay, 14-18 march 2005

59 Financial intermediation, except insurance and pension funding

591 Monetary intermediation 5911 Central banking 5919 Other monetary intermediation

592, 5920 Holding of securities/ Activities of holding companies (new!)

599 Other financial intermediation 5991 Financial leasing 5992 Other credit granting 5993 Trusts, funds and other financial vehicles

(new!) 5999 Other financial intermediation n.e.c.

60 Insurance, reinsurance and pension funding, except compulsory social security

601 Insurance 6011 Life insurance 6012 Non-life insurance

602 6020 Reinsurance

603 6030 Pension funding

61 Other financial activities

611 Activities auxiliary to financial intermediation, except insurance and pension funding

6111 Administration of financial markets 6112 Security and commodity contracts dealing activities 6119 Activities auxiliary to financial intermediation n.e.c.

612 Activities auxiliary to insurance and pension funding

6121 Risk and damage evaluation 6122 Activities of insurance agents and brokers 6129 Other activities auxiliary to insurance and pension

funding

613 6130 Fund management activities (new!)

ISIC Rev.3.1 to ISIC Rev.4 draft

Improved explanatory notes, better and clearer description of activities

New group created for the activities of holding companies in this section (592)

Majority of countries: financial leasing is separately identifiable from operating leasing

ISIC Rev.3.1 to ISIC Rev.4 draft

New class for trusts, funds and other financial vehicles (5993)New group created for Reinsurance (6020)Activities auxiliary to insurance and pension funding; one class in ISIC Rev.3.1; three classes in ISIC Rev.4Management of trusts and funds on a fee or contract basis, recognized in a new single group (613) In may 2004 draft classified in 6119 and 6129