PSIC 2019 · Class

Risk and damage evaluation

Open to 100%

This class involves providing administrative services related to insurance, particularly in assessing and settling insurance claims.

Includes

Assessing insurance claims
Claims adjusting
Risk assessing
Risk and damage evaluation
Average and loss adjusting
Settling insurance claims

Excludes

Appraisal of real estate 6820
Appraisal for other purposes 7490
Investigation activities 8030

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The foreign-ownership rule, capital, licenses, and setup route are shown on each specific sub-class. Pick the one that matches your activity.

66210Risk and damage evaluation

Details

Level: Class
Section: K Financial And Insurance Activities
Parent: 662

Sector statistics

Employed persons: 618.4K persons(May 2026)

Whole PSIC section K (not specific to this code). Source: PSA Labor Force Survey, May 2026.

Industry size

Establishments: 539(2022)
Employment: 9,655 persons(2022)
Revenue: ~₱67.2B(2022)

Figures are for PSIC group 662 (the nearest level PSA surveys), not this specific code. Source: PSA OpenStat, Annual Survey of Philippine Business and Industry (ASPBI), 2022. Revenue figures are approximate.

Guides from Emerhub

Set up in the Philippines

Emerhub runs the SEC and BIR filings for a foreign-owned corporation, a local corporation with structured control, employer of record, or product holding, whichever fits PSIC 6621.