SCIAN 5241—Insurance and surety companies

Where 5241 sits

1. 52 Financial and insurance services
2. 524 Insurance, surety, and retirement fund managementt companies
3. 5241 Insurance and surety companies

Contains 3 narrower codes

• 52411 Insurance companies
• 52412 Farmer insurance funds
• 52413 Surety companies

Description

Economic units primarily engaged in issuing insurance policies, such as life insurance, accident insurance, theft or damage insurance, and in underwriting surety bonds.

What 5241 includes

• Economic units (insurance companies) primarily engaged in contracting insurance with correlated risks (reinsurance), and economic units (surety companies) primarily engaged in distributing the risk of a surety between two or more surety companies (resureance).

Cross-references for 5241

• Establishments primarily engaged in the placement or direct sale to the public of insurance or surety contracts or policies (5242, Services related to insurance and surety, and retirement fund management).

5241 in other systems