524130

Reinsurance Carriers

Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers

SBA Size Standard

$47M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

52

Sector

Finance and Insurance

524

Subsector

Insurance Carriers and Related Activities

5241

Industry Group

Insurance Carriers

524130

National Industry (This Code)

Reinsurance Carriers

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual
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.

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$47M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 524130

Set-Aside Programs

8(a), WOSB, HUBZone, SDVOSB

Certification Required

No (self-certify in SAM.gov)

Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.

Cross-References

The following activities are classified elsewhere in the NAICS system:

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.

How to Use NAICS 524130 in SAM.gov

NAICS code 524130Reinsurance Carriers — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Insurance Carriers space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $47M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 524130.

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Frequently Asked Questions

What is NAICS code 524130?

NAICS code 524130 is 'Reinsurance Carriers', classified under the Finance and Insurance sector (NAICS 52). 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. Cross-Ref

What is the SBA small business size standard for NAICS code 524130?

The SBA defines a small business under NAICS code 524130 (Reinsurance Carriers) as one with $47M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 524130 in SAM.gov?

To register NAICS code 524130 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 524130 (Reinsurance Carriers) to your NAICS code list. You may designate one code as your Primary NAICS code.

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