North American Industry Classification System (NAICS) Canada 2017 Version 2.0

52412 - Direct insurance (except life, health and medical) carriers

This industry comprises establishments primarily engaged in underwriting all types of insurance (other than life, health or medical), directly to policyholders. Examples of establishments in this industry are automobile, property and liability insurance carriers.

524121 - Direct general property and casualty insurance carriers^CAN

This Canadian industry comprises establishments engaged only in underwriting a combination of automobile insurance, property insurance and liability insurance, directly to policyholders, with no one of the three types accounting for more than 70 percent of the nominal output. Nominal output is measured as premiums less claims plus investment income.

• Illustrative example(s)

  • direct property and casualty insurance carriers (combination of policies)

  All examples

• Exclusion(s)

  • general and other reinsurance (See 524139 General and other reinsurance carriers)

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.

• Illustrative example(s)

  • direct, private, automobile insurance carriers

  All examples

• Inclusion(s)

  • insurance for private and commercial vehicles
  • liability insurance and vehicle loss or damage insurance

• Exclusion(s)

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

524123 - Direct, public, automobile insurance carriers^CAN

This Canadian industry comprises government-owned establishments engaged in underwriting automobile insurance directly to policyholders.

• Illustrative example(s)

  • government owned automobile insurance carriers

  All examples

• Exclusion(s)

  • reinsuring automobile insurance (See 524133 Automobile reinsurance carriers)

524124 - Direct property insurance carriers^CAN

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.

• Illustrative example(s)

  • direct property insurance carriers (e.g., burglary, theft, fire, damage)
  • fire insurance underwriters

  All examples

• Inclusion(s)

  • personal and commercial property 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

• Exclusion(s)

  • reinsuring property insurance (See 524134 Property reinsurance carriers)

524125 - Direct liability insurance carriers^CAN

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.

• Illustrative example(s)

  • directors liability insurance
  • product liability insurance
  • professional malpractice insurance

  All examples

524129 - Other direct insurance (except life, health and medical) carriers^CAN

This Canadian industry comprises establishments, not classified to any other Canadian industry, primarily engaged in underwriting insurance, other than life, health or medical directly to policyholders.

Boiler and machinery insurance provides protection against losses resulting from faulty or malfunctioning machinery, including damage to the insured equipment as well as surrounding buildings and equipment. Surety insurance guarantees that an individual or company will complete work that it has promised to do. Fidelity insurance or fidelity bonds protect organizations against dishonest or fraudulent acts of their employees. Marine and aircraft insurance provides protection for losses to vessels, cargo and liability to passengers.

• Illustrative example(s)

  • aircraft insurance
  • bank deposit insurance
  • boiler insurance
  • fidelity insurance
  • machinery and equipment insurance
  • marine insurance
  • share insurance
  • workmen's compensation, insurance

  All examples

• Exclusion(s)

  • general and other reinsurance (See 524139 General and other reinsurance carriers)