NAICS CanadaCanadian Industry
NAICS Canada 524121—Direct general property and casualty insurance carriers
Canadian Industry · North American Industry Classification System (Canada) (2022 v1.0)
Where 524121 sits
- 52 Finance and insurance
- 524 Insurance carriers and related activities
- 5241 Insurance carriers
- 52412 Direct insurance (except life, health and medical) carriers
- 524121 Direct general property and casualty insurance carriers
Description
This Canadian industry comprises establishments engaged only in underwriting a combination of automobile insurance, property insurance and liability insurance, directly to policyholders, with no one of the three types accounting for more than 70 percent of the nominal output. Nominal output is measured as premiums less claims plus investment income.
What 524121 excludes
- General and other reinsurance (see 524139 general and other reinsurance carriers (can))
Example activities
- direct property and casualty insurance carriers (combination of policies)
- direct property and casualty insurance carriers (combination of policies)
524121 in other systems
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