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KBLI Navigator/Section K/66292
KBLI 66292

Insurance & Pension Fund Supervision

Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is blocked for a PT PMA under the 13 May 2026 moratorium. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliDirect Match🏝️🚫Closed in Bali (2026 moratorium)· needs review· low conf.❓Not classifiable — divergence documented

Insurance Oversight: Nationally Open, Bali PMA Closed

This activity covers financial oversight in insurance, guarantee and pension funds—open nationally to full foreign ownership, but unavailable for PMA registration at a Bali address.

By the numbers
National foreign-ownership ceiling
100%
Open business scales
Mikro, Kecil, Menengah, Besar
National PMA source
Perpres 10/2021, 49/2021
Bali PMA status
Closed (Bali moratorium)
National openness does not turn into a right to register a PMA at a Bali address.
What Changed

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

What You Need

This code covers regulatory supervision of insurance and pension-fund financial services. The licensing rows shown here earlier were in fact an unrelated cooperative-sector rating-agency licensing regime carried over from a different 2020-vintage code sharing the same digits, so they have been removed from this page; the correct licensing for this code is not yet reliably defined in our verified sources. Before registering or investing, confirm the current requirements with the Bali Zero team. **Risk tier under review.** The licensing rows this code's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so we cannot currently re-derive it. Where this page states a risk tier or a scale-based requirement, treat it as provisional pending re-derivation, and verify the current classification at oss.go.id before acting on it.

Who This Is For

Typically only relevant for a government or quasi-governmental body performing financial regulation; it is not a commercial activity suited for private foreign entrepreneurs.

2020 → 2025
Previous codes (KBLI 2020): 66292

Regulatory Divergence

The licensing previously shown for 66292 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 66292 'Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun' (regulatory supervision of insurance and pension-fund financial services) carries canonical status_mapping='MATCH_LANGSUNG', kbli_2020_source=None, pp28_sources=['66292'] (self-referencing). This is the ROOT-CAUSE code of the lot's cooperative-rating contamination cluster (report §6, meta-pattern): PP28's own lampiran table carries a KBLI-2020-vintage row for digit-string 66292, 'Aktivitas Pemeringkat Usaha Mikro, Kecil, Menengah dan Koperasi' (cooperative-rating agency licensing) — a vintage-blind digit-string join matched this row's kewajiban block onto the 2025 code that happens to share the same digits (this code, 66292, whose actual 2025 scope is insurance/pension-fund supervision, unrelated to cooperative rating), instead of onto the cooperative-rating activity's TRUE 2025 home. Corroborated this session by direct read of the canonical dataset: the current KBLI-2025 record for code 66198 ('Pemeringkatan Usaha Mikro, Kecil, Menengah, dan Koperasi') carries kbli_2020_source='66292' and itself serves the identical koperasi-rating per_skala block verbatim — confirming 66198, not this code, is the activity's correct 2025 home. Verified this session (json-dump byte-comparison): 66292's own served per_skala row is BYTE-IDENTICAL to the block documented for 66192/66197/66211/66224/66299/66309 in this same lot. No independently-verified alternate crosswalk identity is established for 66292 itself beyond this root-cause read, and per rule #9 this cure does not inject a replacement value: status_mapping and pp28_sources are left UNCHANGED; the true origin of the payload is recorded HERE as _data_note provenance only. per_skala detached; the licensing regime for insurance/pension-fund supervision is not retrievable from the pinned sources as hunted. Lot 5 conductor gate (SIGNED), run wf_0f7438f4-a41, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarMedium-Low RiskNIB dan Sertifikat StandarAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

Foreign ownership (PMA)
Perpres 10/2021, 49/2021Audit pendingKBLI 2020

The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.

Bali status
Bali province blocks ALL Low + Medium-Low risk KBLI for PMA (island-wide, permanent) (effective 2026-05-13)Audit pending2026 overlay

Conservative posture derived from the risk tier · confidence LOW.

Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a insurance & pension fund supervision business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 66292 (Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun) is TERBUKA (100% foreign ownership) at the national level, but in Bali it is blocked for a PT PMA under the 13 May 2026 moratorium. [derivation under review] Nationally TERBUKA but the Besar scale is 'Menengah Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] — NOTE: the licensing rows this verdict's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so the verdict cannot currently be re-derived; verdict pending re-derivation from the true risk tier (GARUDA-FILIERA). Outside Bali it is open to a PT PMA with no local partner required. (Source: Perpres 10/2021 as amended by Perpres 49/2021 — the investment-list annexes predate KBLI 2025; per-code crosswalk audit in progress.)
What license is required for KBLI 66292?
We cannot yet show a verified licensing basis for KBLI 66292: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 66292?
KBLI 66292 is the Indonesian business classification code for "Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun" (Insurance & Pension Fund Supervision). 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 66292 change from KBLI 2020 to 2025?
KBLI 66292 was mapped from previous code 66292 (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

66299Section K

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

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🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in Bali
66291Section K

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Aktivitas Advisori Aktuaria

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
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Aktivitas Broker Penjaminan Ulang

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
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Surety Brokerage

Aktivitas Broker Penjaminan

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66224Section K

Surety Agency

Aktivitas Agen Penjaminan

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

Reinsurance Brokerage

Aktivitas Pialang Reasuransi

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