524124
524124 Direct property insurance carriers
Sociétés d'assurance directe - biens • Canadian industry
What code 524124 includes
This Canadian industry comprises establishments in which more than 70 per cent of nominal output is derived from underwriting property insurance directly to policyholders. Nominal output is measured as premiums less claims plus investment income. Property insurance provides protection for losses to buildings and contents.
Activities & Examples
- direct property insurance carriers (e.g., burglary, theft, fire, damage)
- fire insurance underwriters
- direct property insurance carriers (e.g., burglary, theft, fire, damage)
- fire insurance underwriters
- personal and commercial property insurance
- plate glass insurance
- provision of a package with related types of protection, such as personal liability for homeowners and tenants, business-interruption insurance and temporary accommodation costs
Exclusions & Cross-References
- reinsuring property insurance (See 524134 Property reinsurance carriers (CAN))
Classification Hierarchy
- Sector 52 — Finance and insurance
- Subsector 524 — Insurance carriers and related activities
- Industry group 5241 — Insurance carriers
- Industry 52412 — Direct insurance (except life, health and medical) carriers
- Canadian industry 524124 — Direct property insurance carriers
International Concordance
- ISIC Rev. 4: K6512* — Non-life insurance