This subsector comprises establishments primarily engaged in underwriting annuities, insurance policies and reinsurance, and the retailing of insurance and the provision of related services to policy holders. Industries are defined in terms of the type of risk being insured against, such as death, loss of employment due to age or disability, and property damage. Establishments that pool risk invest premiums to build up a portfolio of financial assets to be used against future claims. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves.

NAIC Code

524

Comparability

All - Canadian, Mexican and United States industries are comparable

Employment Trend in EMO* Region

Number of People Employed / Year
* EMO represents Elgin, Middlesex and Oxford Counties
Sources: OMAFRA ANALYST - EMSI CANADIAN DATASET

Yearly Average Earnings

68,440
2016
Sources: OMAFRA ANALYST - EMSI CANADIAN DATASET

Number of Employers by Employee Size Range

Location Date
1-4
5-9
10-19
20-49
50-99
100-199
200-499
500+
0 Payroll Employees
Canada 2009 - Jun 6,034 2,722 1,444 856 326 140 77 37 3,992
Canada 2010 - Jun 6,076 2,711 1,421 847 323 132 73 40 4,082
Canada 2011 - Jun 6,089 2,681 1,358 820 314 128 70 41 4,880
Canada 2012 - Jun 5,957 2,646 1,424 881 350 96 88 45 4,920
Canada 2012 - Dec 6,069 2,674 1,398 890 352 102 89 44 5,893
Canada 2013 - Jun 6,615 2,818 1,363 900 351 103 88 43 7,077
Canada 2013 - Dec 6,702 2,727 1,450 923 359 104 86 35 7,419
Canada 2014 - Jun 6,717 2,715 1,451 928 354 112 83 34 7,566
Canada 2014 - Dec 6,341 2,587 1,443 944 361 133 87 36 20,563
Canada 2015 - Jun 6,245 2,544 1,472 934 363 127 89 34 20,678
Canada 2015 - Dec 6,216 2,572 1,494 894 370 127 81 36 21,367
Canada 2016 - Jun 6,155 2,596 1,532 870 362 124 89 34 21,518
Canada 2016 - Dec 6,182 2,625 1,525 865 352 132 86 35 21,084
Elgin (Excluding St. Thomas) 2009 - Jun 3 2 2 1 0 0 0 0 3
Elgin (Excluding St. Thomas) 2010 - Jun 4 2 1 2 0 0 0 0 2
Elgin (Excluding St. Thomas) 2011 - Jun 4 2 1 2 0 0 0 0 3
Elgin (Excluding St. Thomas) 2012 - Jun 4 2 1 2 0 0 0 0 6
Elgin (Excluding St. Thomas) 2012 - Dec 2 2 1 2 0 0 0 0 8
Elgin (Excluding St. Thomas) 2013 - Jun 2 2 0 2 0 0 0 0 8
Elgin (Excluding St. Thomas) 2013 - Dec 3 1 1 2 0 0 0 0 7
Elgin (Excluding St. Thomas) 2014 - Jun 3 1 1 2 0 0 0 0 7
Elgin (Excluding St. Thomas) 2014 - Dec 2 1 1 2 0 0 0 0 26
Elgin (Excluding St. Thomas) 2015 - Jun 2 1 1 2 0 0 0 0 25
Elgin (Excluding St. Thomas) 2015 - Dec 3 1 1 2 0 0 0 0 20
Elgin (Excluding St. Thomas) 2016 - Jun 3 0 1 2 0 0 0 0 20
Elgin (Excluding St. Thomas) 2016 - Dec 3 0 1 2 0 0 0 0 26
London 2009 - Jun 98 31 20 19 3 3 1 1 57
London 2010 - Jun 104 31 22 18 3 3 1 1 67
London 2011 - Jun 107 30 21 18 3 3 1 1 78
London 2012 - Jun 100 29 20 21 4 3 1 1 83
London 2012 - Dec 100 30 21 21 4 3 1 1 88
London 2013 - Jun 105 32 20 21 4 3 1 1 104
London 2013 - Dec 100 35 20 22 4 3 2 0 106
London 2014 - Jun 97 37 20 23 4 3 2 0 107
London 2014 - Dec 87 34 19 20 4 3 2 0 267
London 2015 - Jun 94 29 20 19 4 2 2 0 264
London 2015 - Dec 93 28 22 17 5 2 2 0 282
London 2016 - Jun 93 25 22 16 6 2 2 0 286
London 2016 - Dec 86 28 24 13 6 2 2 0 276
Middlesex (Excluding London) 2009 - Jun 14 5 3 1 1 0 0 0 11
Middlesex (Excluding London) 2010 - Jun 14 5 3 1 1 0 0 0 15
Middlesex (Excluding London) 2011 - Jun 16 4 3 2 0 0 0 0 17
Middlesex (Excluding London) 2012 - Jun 15 5 3 1 1 0 0 0 15
Middlesex (Excluding London) 2012 - Dec 19 5 3 1 1 0 0 0 18
Middlesex (Excluding London) 2013 - Jun 20 6 3 1 1 0 0 0 23
Middlesex (Excluding London) 2013 - Dec 24 7 1 1 1 0 0 0 23
Middlesex (Excluding London) 2014 - Jun 22 6 3 1 1 0 0 0 22
Middlesex (Excluding London) 2014 - Dec 18 6 5 1 1 0 0 0 43
Middlesex (Excluding London) 2015 - Jun 14 7 4 2 1 0 0 0 43
Middlesex (Excluding London) 2015 - Dec 13 6 4 2 1 0 0 0 44
Middlesex (Excluding London) 2016 - Jun 15 4 2 3 1 0 0 0 43
Middlesex (Excluding London) 2016 - Dec 17 2 3 3 1 0 0 0 50
Ontario 2009 - Jun 2,298 1,039 530 344 119 55 48 14 1,691
Ontario 2010 - Jun 2,343 1,017 513 333 120 53 44 15 1,739
Ontario 2011 - Jun 2,386 1,008 480 328 117 47 43 12 2,031
Ontario 2012 - Jun 2,342 1,005 484 362 126 42 48 13 2,035
Ontario 2012 - Dec 2,406 1,007 472 366 128 41 49 12 2,432
Ontario 2013 - Jun 2,646 1,058 473 374 122 42 49 12 2,886
Ontario 2013 - Dec 2,693 1,049 482 384 127 43 51 10 3,041
Ontario 2014 - Jun 2,696 1,051 488 383 126 46 48 10 3,114
Ontario 2014 - Dec 2,571 980 497 400 128 61 49 11 8,501
Ontario 2015 - Jun 2,554 951 506 386 129 58 48 11 8,558
Ontario 2015 - Dec 2,537 945 519 364 139 58 43 12 8,792
Ontario 2016 - Jun 2,560 939 505 348 137 55 48 12 8,838
Ontario 2016 - Dec 2,559 979 492 360 123 57 46 13 8,673
Oxford 2009 - Jun 16 5 8 7 2 2 0 0 14
Oxford 2010 - Jun 16 4 7 6 0 2 0 0 11
Oxford 2011 - Jun 12 8 8 7 2 2 0 0 16
Oxford 2012 - Jun 12 7 8 6 2 2 0 0 13
Oxford 2012 - Dec 12 6 8 6 2 2 0 0 16
Oxford 2013 - Jun 14 6 9 6 2 1 0 0 18
Oxford 2013 - Dec 14 6 7 6 2 1 0 0 15
Oxford 2014 - Jun 15 6 8 6 2 2 0 0 17
Oxford 2014 - Dec 17 4 7 7 2 2 0 0 49
Oxford 2015 - Jun 17 4 7 6 2 2 0 0 49
Oxford 2015 - Dec 17 5 7 6 2 2 0 0 46
Oxford 2016 - Jun 16 5 8 5 2 2 0 0 47
Oxford 2016 - Dec 16 6 7 5 2 2 0 0 44
St. Thomas 2009 - Jun 5 5 2 0 0 0 0 0 1
St. Thomas 2010 - Jun 6 5 2 0 0 0 0 0 1
St. Thomas 2011 - Jun 6 5 2 0 0 0 0 0 1
St. Thomas 2012 - Jun 6 5 1 1 0 0 0 0 2
St. Thomas 2012 - Dec 5 5 1 1 0 0 0 0 3
St. Thomas 2013 - Jun 5 5 2 0 0 0 0 0 4
St. Thomas 2013 - Dec 6 5 2 0 0 0 0 0 4
St. Thomas 2014 - Jun 8 4 1 1 0 0 0 0 4
St. Thomas 2014 - Dec 6 4 1 1 0 0 0 0 15
St. Thomas 2015 - Jun 7 4 2 0 0 0 0 0 15
St. Thomas 2015 - Dec 7 4 2 0 0 0 0 0 12
St. Thomas 2016 - Jun 7 4 2 0 0 0 0 0 11
St. Thomas 2016 - Dec 7 3 3 0 0 0 0 0 12
Sources: OMAFRA ANALYST - EMSI CANADIAN DATASET

Employment by Geography

Number of People Employed / Year
Sources: OMAFRA ANALYST - EMSI CANADIAN DATASET
Legend
Canada
Elgin (Excluding St. Thomas)
London
Middlesex (Excluding London)
Ontario
Oxford
St.Thomas

Labour Flow

-440

2011Census

* EMO represents Elgin, Middlesex and Oxford Counties

The Labour Flow shows the Net Import of people working in the particular industry and the specified geography (# Employed - # Resident)

Sources: STATISTICS CANADA, 2011 CENSUS

Career Search and Development

Opportunities

No results for Insurance Carriers and Related Activities