Summary - Canadian Industry Statistics
Segregated (except pension) funds - 52693
Definition
This class comprises funds that are separate investment accounts established by life insurers under the provisions of the Canadian and British Insurance Companies Act, or the corresponding sections of the Foreign Insurance Companies Act or a provincial act.
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Setting up these funds allows life insurers' policy holders to invest in funds that are not subject to the investment restriction in effect on the insurers' portfolio as contained in the insurance act.
Example Activities:
Segregated funds (except pension), of life insurance carriersExclusions
No exclusions are specified in the 2017 NAICS Canada manual.
Businesses
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Salaries and wages
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