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


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524124 - Direct property insurance carriersCAN

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)
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