Variant of NAICS 2002 - Information and Communication Technology (ICT) Sector

• 6.2 - Industries not included in the Information and Communication Technology Sector
• 52 - Finance and Insurance
• 524 - Insurance Carriers and Related Activities
• 5241 - Insurance Carriers
• 52413 - Reinsurance Carriers^US

524135 - Liability Reinsurance Carriers^CAN

This Canadian industry comprises establishments in which more than 70 per cent of nominal output is derived from assuming all or part of the risk associated with liability insurance policies originally underwritten by other insurance carriers. 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. Examples of liability insurance are product liability insurance, professional malpractice insurance and directors' liability insurance.

• Example Activities:

  • Liability reinsurance carriers