Reinsurance
إعادة التأمين
📌 Description
SSIC 652: Reinsurance. Used for company registration, Nitaqat, and GOSI in Saudi Arabia.
📖 Description
SSIC code 652 — Reinsurance — classifies economic activities in this sector according to the Saudi national classification system.
Sub-categories (1)
When to use this code
Ministry of Commerce — Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting — GASTAT
FAQ
What is SSIC code 652?
SSIC code 652 corresponds to 'Reinsurance' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a group-level code used in business registration and government filings in Saudi Arabia.
When should I use SSIC 652?
Use SSIC code 652 when your main business activity is 'Reinsurance'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.
What Saudization rate applies to SSIC 652?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 652. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.