industry risk premium by sic code
The Standard Industrial Classification (SIC) system was created by the government to categorize businesses by industry and uses four-digit numerical codes to classify them. 
SICCODE Business Data Powering the World's Top Companies, For More Specialized Data and Services, Visit our, SIC Code Definition / History / Structure, SIC Code 2299 - Textile Goods, Not Elsewhere Classified, SIC Code 5149 - Groceries and Related Products, Not Elsewhere Classified, SIC Code 7389 - Business Services, Not Elsewhere Classified, SIC Code 4789 - Transportation Services, Not Elsewhere Classified. Alternatively a search for that company's main competitors may help, if the company itself is not listed. An establishment may only have one (1) Primary SIC code, which is determined by the industry classification that generates the highest revenue or value of shipments. When used correctly, companies can focus their marketing efforts on the industries that generate the highest return on investment. Industry-level Data Includes Cost of equity, cost of debt and WACC estimates Performance statistics Valuation multiples Levered and unlevered betas Capital structure WebCodes Titles Total Marketable US Businesses; 3841: Surgical and Medical Instruments: 6,420: 384100: Surgical and medical instruments: 4,378: 38410000: Surgical and medical instruments: 4,378: 384101: Ophthalmic instruments and apparatus: 100: 38410100: Ophthalmic instruments and apparatus: 56: 38410101: Muscle exercise apparatus, What Does It Mean To Be An Additional Insured? Examples of Not Elsewhere Classified - NEC Codes in the SIC Code system. S&P DOW JONES INDICES AND MSCI ANNOUNCE SELECT LIST OF COMPANIES POTENTIALLY IMPACTED BY CONSULTATION ON PROPOSED GICS STRUCTURE CHANGES, Select Companies Potentially Impacted by GICS Structure Changes in MSCI Indexes, Select Companies Potentially Impacted by GICS Structure Changes in GICS Direct, Nov 29, 2021: Some small business sic code classifications can result in you paying higher premiums for In 1999, MSCI and S&P Dow Jones Indices jointly developed the Global Industry Classification Standard (GICS), seeking to offer an efficient investment tool to capture the breadth, depth and evolution of industry sectors. How Does General Liability Insurance Work? How Will The Metaverse Change Commercial Insurance? To interpret the complexity and pace of industry movements, a consistent and comprehensive global industry classification standard is critical.
An SIC code (Standard Industrial Classification) is a four digit numerical code assigned by the U.S. government to businesses in order to identify the primary activity of the business. Tap into a database of 15 million verified business records arranged by specific industries. First and foremost, they provide information about the various types of insurance available for businesses. For Measuring, Totalizing Fluid Meter and Counting Device Manufacturing, Instrument Manufacturing. What Are The Different Types Of Insurers? Sign up below to receive the latest updates and news from MSCI. When applying an industry risk premium (IRP) from a major (two-digit) standard industrial classification (SIC) with many companies, outliers would not be expected to have a significant impact on the results. WebThe Global Industry Classification Standard (GICS) Explore the GICS structure by clicking below on the Interactive tool: Sector Industry Group [Select a Sector] Industry [Select an Industry Group] Learn more: GICS structure and definitions effective close of March 17, 2023 S&P DOW JONES INDICES AND MSCI ANNOUNCE REVISIONS TO THE GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS) STRUCTURE IN 2023, Revisions to the Global Industry Classification Standard (GICS) Structure Effective March 2023, Jan 21, 2022: WebSearch SIC Codes by Industry | NAICS Association Search SIC Codes by Industry Back Click Here for Data Appends & Targeted Marketing Lists * Current Number of US Businesses within that Primary SIC Code. Businesses often use the SIC code lookup to identify companies within specific industries for marketing purposes. What Does Commercial Auto Physical Damage Insurance Cover? This can help business owners stay on top of their insurance needs and make sure they have the coverage they need. Find your SIC Class Code & get the best small business insurance quotes online. WebIndustry codes help insurers with several analytical processes involving marketing, underwriting, exclusions, loss control, forms, pricing and other operations. But some insurance companies still use SIC codes to identify customers by industry code. WebBaker Risk San Antonio, TX, 78218US 541330- Engineering Services More Companies in this Industry Risk Strategies Co Boston, MA, 02110US 524210- Insurance Agencies and Brokerages For Measuring and Testing Electricity and Electrical Signals, Analytical Laboratory Instrument Manufacturing, Optical Instrument and Lens Manufacturing, Surgical and Medical Instrument Manufacturing, Surgical Appliance and Supplies Manufacturing, Dental Equipment and Supplies Manufacturing, Photographic and Photocopying Equipment Manufacturing, Other Measuring and Controlling Device Manufacturing, Sporting and Athletic Goods Manufacturing, Costume Jewelry and Costume Novelties, Except Precious Metal, Local and Suburban Transit and Interurban Hwy Passenger Trans, All Other Transit and Ground Transportation, Terminal and Service Facilities For Motor Vehicle Passenger Transportation, Specialized Freight (except Used Goods) Trucking, Terminal Maintenance Facilities For Motor Freight Transport, Deep Sea Domestic Transportation Of Freight, Freight Transportation On The Great Lakes - St. Lawrence Seaway, Coastal and Great Lakes Passenger Transportation, Other Support Activities For Water Transportation, Other Support Activities For Air Transportation, Pipeline Transportation of Refined Petroleum Products, All Other Travel Arrangement and Reservation Services, Support Activities For Rail Transportation, Wireless Telecommunications Carriers (except Satellite), Natural Gas Transmisison and Distribution, Mixed, Manufactured, or Liquefied Petroleum Gas Production And/or, Combination Utilities, Not Elsewhere Classified, Cogeneration Services and Small Power Producers, Wholesale - Motor Vehicles & Motor Vehicle Parts & Supplies, Automobile and Other Motor Vehicle Merchant Wholesalers, Motor Vehicle Supplies and New Parts Merchant Wholesalers, Motor Vehicle Parts (used) Merchant Wholesalers, Wholesale - Lumber & Other Construction Materials, Wholesale - Professional & Commercial Equipment & Supplies, Photographic Equipment and Supplies Merchant Wholesalers, Other Commercial Equipment Merchant Wholesalers, Other Professional Equipment and Supplies Merchant Wholesalers, Wholesale - Metals & Minerals (no Petroleum), Metal Service Centers and Other Metal Merchant Wholesalers, Coal and Other Mineral and Ore Merchant Wholesalers, Other Electronic Parts and Equipment Merchant Wholesalers, Wholesale - Hardware & Plumbing & Heating Equipment & Supplies, Warm Air Heating and Air - Conditioning Equipment and Supplies Merchant Wholesalers, Refrigeration Equipment and Supplies Merchant Wholesalers, Wholesale - Machinery, Equipment & Supplies, Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers, Farm and Garden Machinery and Equipment Merchant Wholesalers, Industrial Machinery and Equipment Merchant Wholesalers, Service Establishment Equipment and Supplies Merchant Wholesalers, Transportation Equipment and Supplies (except Motor Vehicles) Merchant Wholesalers, Sporting and Recreational Goods and Supplies Merchant Wholesalers, Toy and Hobby Goods and Supplies Merchant Wholesalers, Other Misc. Businesses often use the SIC code lookup to identify companies within specific industries for marketing purposes. The third digit is used to further refine the classification by identifying the industry subgroup under which the company falls. SIC codes classify the economy into 20 sectors, which are separated into 99 3-digit subsectors, which are divided into 311 4-digit industry groups, which are further subdivided into 709 5-digit industries, and finally disaggregated into 1057 6-digit U.S. industries. This includes changes in laws and regulations, as well as updates on the various insurance policies available. GICS is a common global classification standard used by thousands of market participants across all major groups involved in the investment process: asset managers, brokers (institutional and retail), custodians, consultants, research teams and stock exchanges. Occupational Safety & Health Administration, Occupational Safety and Health Administration, Outreach Training Program (10- and 30-hour Cards), OSHA Training Institute Education Centers, Severe Storm and Flood Recovery Assistance, Description for 7382: Security Systems Services, Security systems devices, burglar and fire alarm: monitoring and. With the SIC Code lookup by industry, they can target their marketing on businesses that they specialize in, or want to gain as customers.
WebSIC Code SIC Description; 01: Agricultural Production Crops: 02: Agriculture production livestock and animal specialties: 07: Agricultural Services: 08: Forestry: 09: Fishing, hunting, and trappingB. The last digit designates national industries. These are some of the questions asked by commercial insurance companies when trying to classify your business by Standard Industrial Classification (SIC) code. The third digit is used to further refine the classification by identifying the industry subgroup under which the company falls. S&P DOW JONES INDICES AND MSCI ANNOUNCE FURTHER REVISIONS TO THE GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS) STRUCTURE IN 2016, Jun 1, 2015: Risk Type (NAICS CODES) by Coverage Category. WebBelow is the WACC by Industry based on data from the U.S. Industry Benchmarking Module that illustrates the variability of risk in an industry over time. Posted by admin. Furthermore, business insurance articles can help business owners stay informed about changes in the insurance industry.
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WebSIC codes classify the economy into 20 sectors, which are separated into 99 3-digit subsectors, which are divided into 311 4-digit industry groups, which are further subdivided into 709 5-digit industries, and finally disaggregated into 1057 6-digit U.S. industries. Electrical Equipment and Component Manufacturing, Household Cooking Appliance Manufacturing, Household Refrigerator and Home Freezer Manufacturing, Household Laundry Equipment Manufacturing, Software and Other Prerecorded Compact Disc, Other Major Household Appliance Manufacturing, Electric Lamp Bulb and Part Manufacturing, Current - Carrying Wiring Device Manufacturing, Noncurrent - Carrying Wiring Device Manufacturing, Residential Electric Lighting Fixture Manufacturing, Motor Vehicle Electrical and Electronic Equipment Manufacturing, Integrated Record Production/distribution, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Other Communications Equipment Manufacturing, Semiconductor and Related Device Manufacturing, Miscellaneous Electrical Machinery, Equipment & Supplies, Electrical Equipment For Internal Combustion Engines, Blank Magnetic and Optical Recording Media Manufacturing, Aircraft Engine and Engine Parts Manufacturing, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Guided Missiles and Space Vehicles and Parts, Guided Missile and Space Vehicle Manufacturing, Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing, Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing, All Other Transportation Equipment Manufacturing, Automatic Environment Control Manufacturing. What kinds products or services do you sell? Riot, Vandalism And Civil Commotion Insurance, Special Purpose Acquisition Company Insurance, Understanding Primary And Non-Contributory Liability Insurance. Establishments of this industry may sell or lease and install the security systems which they monitor and maintain. WebIndustry codes help insurers with several analytical processes involving marketing, underwriting, exclusions, loss control, forms, pricing and other operations. Nondurable Goods Merchant Wholesalers, Retail - Building Materials, Hardware, Garden Supply, Department Stores (except Discount Department Stores), Retail - Auto Dealers & Gasoline Stations, Gasoline Stations With Convenience Stores, Retail - Home Furniture, Furnishings & Equipment Stores, All Other Nondepository Credit Intermediation, Retail - Miscellaneous Shopping Goods Stores, All Other Health and Personal Care Stores, Central Reserve Depository Institutions, Not Elsewhere Classified, Savings Institutions, Not Federally Chartered, Foreign Trade and International Banking Institutions, Other Activities Related To Credit Intermediation, Federal and Federally - Sponsored Credit Agencies, Short - Term Business Credit Institutions, Miscellaneous Business Credit Institution, Security and Commodity Brokers, Dealers, Exchanges & Services, Services Allied With The Exchange Of Securities or Commodities, Not Elsewhere Classified, Direct Property and Casualty Insurance Carriers, Real Estate Operators (no Developers) & Lessors, Lessors Of Nonresidential Buildings (except Miniwarehouses), Lessors Of Residential Buildings and Dwellings, Real Estate Dealers (for Their Own Account), Unit Investment Trusts, Face - Amount Certificate Offices, and Closed - End Management Investment Offices, Hotels, Rooming Houses, Camps & Other Lodging Places, Recreational and Vacation Camps (except Campgrounds), Rv (recreational Vehicle) Parks and Campgrounds, Organization Hotels and Lodging Houses, On Membership Basis, Drycleaning and Laundry Services (except Coin - Operated), Garment Pressing, and Agents For Laundries and Drycleaners, Coin - Operated Laundries and Drycleaners, Services - Consumer Credit Reporting, Collection Agencies, Services - Mailing, Reproduction, Commercial Art & Photography, Other Business Service Centers (including Copy Shops), Services - To Dwellings & Other Buildings, Services - Miscellaneous Equipment Rental & Leasing, Services - Computer Programming, Data Processing, Etc, Computer and Office Machine Repair and Maintenance, Services - Miscellaneous Business Services, Security Systems Services (except Locksmiths), Photofinishing Laboratories (except One - Hour), Services - Telephone Interconnect Systems, Services - Automotive Repair, Services & Parking, Services - Auto Rental & Leasing (no Drivers), Other Automotive Mechanical and Electrical Repair and Maintenance, Communication Equipment Repair and Maintenance, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Consumer Electronics Repair and Maintenance, Other Personal and Household Goods Repair and Maintenance, Teleproduction and Other Postproduction Services, Motion Picture Theaters (except Drive - Ins), Services - Amusement & Recreation Services, All Other Amusement and Recreation Industries, Bands, Orchestras, Actors, and Other Entertainers and Entertainment Groups, Services - Miscellaneous Amusement & Recreation, Freestanding Ambulatory Surgical and Emergency Centers, Offices and Clinics Of Doctors Of Osteopathy, Offices Of Mental Health Practitioners (except Physicians), Services - Nursing & Personal Care Facilities, Nursing Care Facilities (skilled Nursing Facilities), Psychiatric and Substance Abuse Hospitals, Services - Misc Health & Allied Services, Nec, All Other Misc.
Division I: Services | Major Group 73: Business Services | Industry Group 738: Miscellaneous Business Services. Risk Premiums for Other Markets. S&P DOW JONES INDICES AND MSCI ANNOUNCE SELECT LIST OF COMPANIES CHANGING DUE TO REVISIONS TO THE GICS STRUCTURE IN 2018, SELECT LIST OF COMPANIES CHANGING DUE TO REVISIONS TO THE GICS STRUCTURE IN 2018, Nov 15, 2017: The third digit tells you the specific industry group.
What Is Excess And Surplus Lines Insurance? SIC Code lookup by industry. 0. WebThe rst time Ibbotson published industry risk premiums (IRPs), sometimes called RPis (risk premiums for the industry), was in its 2000 Stocks, Bonds, Bills, and Ination Valuation Yearbook(SBBI). GICS is a four-tiered, hierarchical industry classification system. An establishment that operates in more than one (1) activity may have additional Secondary SIC Codes. Establishments primarily engaged in monitoring and maintaining security systems devices, such as burglar and fire alarms. 
How Will Artificial Intelligence Change Commercial Insurance? Following are some of the answers to commonly asked general liability class code questions: According to WikipediA, "The Standard Industrial Classification (SIC) is a system for classifying industries by a four-digit code. WebPossible SIC codes for the paint and battery industries are as follows: SIC 2851: paints, varnishes, lacquers, enamels, and allied products SIC 3691: storage batteries The long-term supply side industry risk premiums for the closest SIC codes according to the Valuation Handbook are 0.39 percent for SIC code 28: chemicals and allied products and 2.8 An SIC code (Standard Industrial Classification) is a four digit numerical code assigned by the U.S. government to businesses in order to identify the primary activity of the business. Risk Type (NAICS CODES) by Coverage Category. How Do I Find A Company's SIC Code. All groups are separated into 12 higher level divisions. In the official U.S. Government SIC Code system, there are a total of 1,514 codes (included in the 2-digit, 3-digit, and 4-digit levels). Find out more about the GICS structure & sub-industry definitions. Nonmetallic Mineral Product Manufacturing, Ground or Treated Mineral and Earth Manufacturing, Steel Works, Blast Furnaces & Rolling & Finishing Mills, Other Fabricated Wire Product Manufacturing, Iron and Steel Pipe and Tube Manufacturing. The third digit is used to further refine the classification by identifying the industry subgroup under which the company falls. Other Vegetable (except Potato) and Melon Farming, Broilers and Other Meat Type Chicken Production, Fur - Bearing Animal and Rabbit Production, General Farms, Primarily Livestock and Animal Specialties, Postharvest Crop Activities (except Cotton Ginning), Forest Nurseries and Gathering Of Forest Products, Dredging: Gold - Endless Bucket or Ladder Type, Bituminous Coal and Lignite Surface Mining, Geophysical Surveying and Mapping Services, Support Activities For Oil and Gas Operations, Mining and Quarrying Of Nonmetallic Minerals (no Fuels), Crushed and Broken Limestone Mining and Quarrying, Crushed and Broken Granite Mining and Quarrying, Other Crushed and Broken Stone Mining and Quarrying, Clay and Ceramic and Refractory Minerals Mining, Chemical and Fertilizer Mineral Mining, Not Elsewhere Classified, Support Activities For Nonmetallic Minerals (except Fuels) Mining, General Bldg Contractors - Residential Bldgs, New Multifamily Housing Construction (except For - Sale Builders), General Bldg Contractors - Nonresidential Bldgs, General Contractors - Industrial Buildings and Warehouses, General Contractors - Nonresidential Buildings, Other Than Industrial Buildings and Warehouses, Heavy Construction Other Than Bldg Const - Contractors, Poured Concrete Foundation and Structure Contractors, Power and Communication Line and Related Structures Construction, Electrical Contractors and Other Wiring Installation Contractors, Water and Sewer Line and Related Structures Construction, Structural Steel and Precast Concrete Contractors, Ice Cream and Frozen Dessert Manufacturing, Canned, Frozen & Preservd Fruit, Veg & Food Specialties, Chocolate and Confectionery Manufacturing. Industry risk makes a difference to business value How much can the industry-specific risk affect the company valuation?