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Federal NAICS Codes
NAICS 524130
Reinsurance Carriers
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 524130.
NAICS 524130 federal market metrics
- Total obligations
- $92.2M
- Total awards
- 35 awards
- Active obligations
- $0
- Size standard
- $47,000,000 receipts
What this NAICS covers
NAICS 524130 covers reinsurance carriers that assume risk from other insurance carriers by underwriting treaty or facultative reinsurance contracts, setting ceded premium rates, managing reserve allocations, and administering reinsurance recoveries and claim settlements.
Federal opportunities under 524130 typically involve providing assumption of ceded liabilities, pricing and issuing treaty or facultative reinsurance agreements, reserving advice, recoverable accounting, and claim adjudication under contracted reinsurance terms.
FY2025 snapshot
- Obligations
- $34.5K
- Awards
- 1
- Average award
- $34.5K
Federal obligation trend
FY2022
$3M · 1 award
FY2023
$13.6M · 3 awards
FY2025
$34.5K · 1 award
FY2026
$0 · 1 award
Recent awards
$34,504
MISCELLANEOUS FOREIGN AWARDEES
Department of State
- PIID
- 19CG5025P0457
- PSC
- G009 - SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS
FAQ
What work fits NAICS 524130?
- Issuing treaty excess-of-loss or quota-share reinsurance agreements to assume portions of property or casualty exposures ceded by a primary insurer.
- Providing facultative reinsurance acceptance for a single large risk with individualized underwriting, premium calculation, and contractual terms for assumed liability.
- Managing reinsurance recoverable accounting and claims adjudication under contract terms, including processing ceded claim submissions and settlement payments.
- Delivering actuarial pricing and reserving support tied to reinsurance treaties, including loss development analysis and contract-level premium allocation.
When is NAICS 524130 a weak fit?
- Primary insurance underwriting: direct insurers that underwrite and retain risk on retail policies are not assuming ceded liabilities from other insurers and operate under a different scope.
- Insurance brokering or reinsurance placement: brokers that arrange reinsurance contracts do not assume underwriting risk and therefore fall outside reinsurance carrier activities.
- Program administration without capital risk assumption: entities providing administrative or claims processing services for an insurer without assuming the insurer's liabilities are not reinsurance carriers.
What solicitation language points to NAICS 524130?
- Contract language requiring assumption of loss payment obligations or explicit ceded liability acceptance under reinsurance treaties or facultative certificates.
- Pricing deliverables that request ceded premium schedules, layer attachment and exhaustion points, and treaty loss-experience adjustments.
- Reporting and compliance requirements for reinsurance recoverables, reserve allocation statements, and contract-level actuarial memoranda.
Put this market knowledge to work
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