Variant of NAICS 1997 - Labour Force Survey (LFS) Industries

524122 - Direct, Private, Automobile Insurance Carriers

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.

  • Exclusion(s):

    • government-owned establishments engaged in underwriting automobile insurance (See 524123 Direct, Public, Automobile Insurance Carriers)
  • and

    establishments primarily engaged in:

    • reinsuring automobile insurance (See 524133 Automobile Reinsurance Carriers)
  • Example Activities:

    • Direct private, automobile insurance carriers
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