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.
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.