524125
524125 Direct liability insurance carriers
Sociétés d'assurance directe - responsabilité • Canadian industry
What code 524125 includes
This Canadian industry comprises establishments in which more than 70 percent of nominal output is derived from underwriting liability insurance directly to policyholders. Nominal output is measured as premiums less claims plus investment income. Liability insurance provides protection for legal liability to others for injury, death or damage to property which may arise in the course of carrying out occupational or personal activities.
Activities & Examples
- directors liability insurance
- product liability insurance
- professional malpractice insurance
- directors liability insurance
- product liability insurance
- professional malpractice insurance
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 524125 — Direct liability insurance carriers
International Concordance
- ISIC Rev. 4: K6512* — Non-life insurance