Finance, insurance and real estate and rental and leasing IBSP

• 5A - Finance, insurance and real estate and rental and leasing

524122 - Direct, private, automobile insurance carriers^CAN

This Canadian industry comprises private establishments in which more than 70 percent of nominal output is derived from underwriting automobile insurance directly to policyholders. Nominal output is measured as premiums less claims plus investment income.

Automobile insurance is often provided in a package which includes liability insurance and vehicle loss or damage insurance. Automobile insurance includes insurance for private and commercial vehicles.

• Illustrative example(s)

  • direct, private, automobile insurance carriers

• Exclusion(s)

  • government-owned automobile insurance carriers (See 524123 Direct, public, automobile insurance carriers)
  • reinsuring automobile insurance (See 524133 Automobile reinsurance carriers)