SIC Code 52413 - Standard Industrial Classifications Codes (SIC Code) and North American Industry Classification System (NAICS)

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Library > SIC Codes > 52413

Standard Industrial Classifications Codes (SIC Codes) /
North American Industry Classification System (NAICS)

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524131	Life Reinsurance Carriers This industry comprises establishments in which more than 70 percent of nominal output is derived from assuming all or part of the risk associated with individual and group annuities and policies for life insurance, accidental death and dismemberment insurance, and disability income insurance originally underwritten by other insurance carriers. Nominal output is measured as premiums less claims plus investment income.
524132	Accident and Sickness Reinsurance Carriers This industry comprises establishments in which more than 70 percent of nominal output is derived from assuming all or part of the risk associated with insurance policies for hospital, medical, dental, vision and other health services originally underwritten by other insurance carriers. Nominal output is measured as premiums less claims plus investment income.
524133	Automobile Reinsurance Carriers This industry comprises establishments in which more than 70 percent of nominal output is derived from assuming all or part of the risk associated with automobile insurance policies originally underwritten by other insurance carriers. Nominal output is measured as premiums less claims plus investment income.
524134	Property Reinsurance Carriers This industry comprises establishments in which more than 70 percent of nominal output is derived from assuming all or part of the risk associated with property insurance policies originally underwritten by other insurance carriers. Nominal output is measured as premiums less claims plus investment income. Property insurance provides protection for losses to buildings and contents.
524135	Liability Reinsurance Carriers This 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.
524139	General and Other Reinsurance Carriers This industry comprises establishments, not classified to any other industry, primarily engaged in assuming all or part of the risk associated with insurance policies originally underwritten by other insurance carriers.

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