NAICS code 524130: Reinsurance Carriers

NAICS 524130 is “Reinsurance Carriers”. This industry comprises establishments primarily engaged in assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers.

Examples from the U.S. Census Bureau: Accidental and health reinsurance carriers; Life reinsurance carriers; Marine reinsurance carriers; Medical reinsurance carriers; Property and casualty reinsurance carriers; and Reinsurance carriers.

Businesses mainly initially underwriting annuities and life insurance policies, disability income insurance policies, accidental death and dismemberment insurance policies, and health and medical insurance policies are classified in Industry 52411, Direct Life, Health, and Medical Insurance Carriers; and initially underwriting various types of insurance policies (except life, disability income, accidental death and dismemberment, and health and medical insurance policies) are classified in Industry 52412, Direct Insurance (except Life, Health, and Medical) Carriers.

$47 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.

SIC codes 6311 (Life Insurance, part), 6321 (Accident and Health Insurance, part), 6324 (Hospital and Medical Service Plans, part), 6331 (Fire, Marine, and Casualty Insurance, part), 6351 (Surety Insurance, part) and 6361 (Title Insurance, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).

The IRS list of Schedule C business codes has no code for this industry. If no code fits, the list ends with 999000 Unclassified establishments.

Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 524130 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.