Summary - Canadian Industry Statistics
Insurance carriers and related activities - 524
Definition
This subsector comprises establishments primarily engaged in: underwriting annuities and insurance policies, reinsurance, and the retailing of insurance and the provision of related services to policy holders.
-
Read more
Industries are defined in terms of the type of risk being insured against, such as death, loss of employment due to age or disability, and property damage. Establishments that pool risk invest premiums to build up a portfolio of financial assets to be used against future claims. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves.
Exclusions
No exclusions are specified in the 2017 NAICS Canada manual.
Information on the number and size of businesses for 2021.
Establishments
0-99 Employees
Gross domestic product
No information available at this level of data, go up a level to get more information.
Find data for 2020 on hourly wages.