18 / 20 Sections L and M: Finance, insurance and real estate
Sections L and M: Finance, insurance and real estate
Financial and insurance activities in Section L and real estate activities in Section M, in ISIC Rev. 5.
11 guides in this cluster.
- What Are Activities Auxiliary to Financial Services?
Auxiliary financial activities support finance and insurance without taking deposits, lending on own account or underwriting risk.
- How Are Holding Companies and Financing Conduits Classified?
Holding companies and financing conduits are classified by whether they own and control subsidiaries or merely channel funds, as described in the UNSD structure.
- What Are Financial Service Activities Except Insurance in ISIC Rev. 5?
Financial services except insurance cover deposit taking, lending, leasing finance, credit and other financial intermediation without underwriting risk.
- How Do You Read a Code for Financial Services?
A financial services code is read from Section L down through division, group and class, checking whether the unit intermediates, underwrites or only supports finance.
- How Are Insurance, Reinsurance and Pension Funding Classified?
Insurance, reinsurance and pension funding cover underwriting risk and providing retirement income, pooling premiums and contributions against future payments.
- What Is Intermediation for Real Estate in ISIC Rev. 5?
Intermediation for real estate covers bringing buyers, sellers, landlords and tenants together, including class 6821 in ISIC Rev. 5.
- What Are Real Estate Activities on a Fee or Contract Basis?
Real estate on a fee or contract basis covers agency, brokerage and management services supplied for others, for a fee or commission.
- How Are Trusts, Funds and Investment Activities Classified in ISIC Rev. 5?
Trusts, funds and investment activities cover pooling and investing money or assets on behalf of investors or beneficiaries.
- What Changed in Sections L and M in ISIC Rev. 5?
Sections L and M in Rev. 5 keep finance and real estate separate, with clearer intermediation classes including class 6821.
- What Does Section L Cover in ISIC Rev. 5?
Section L in ISIC Rev. 5 covers financial service activities and insurance, including banking, investment, insurance and auxiliary services.
- What Does Section M Cover in ISIC Rev. 5?
Section M in ISIC Rev. 5 covers real estate activities, including buying, selling, letting and managing property on own account or for others.