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2016-01-27T00:00:00.000Z

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Wrong Emmanuel Dooc?

Hon. Emmanuel Dooc F.

Commissioner

IC Corporation

HQ Phone: (331) 332-5000

IC Corporation

2701 Navistar Drive

Lisle, Illinois 60532

United States

Company Description

About IC Bus: IC Bus, LLC of Lisle, Ill., is a wholly-owned subsidiary of Navistar, Inc. (NYSE: NAV). The nation's largest integrated manufacturer of school buses, IC Bus is a global leader in passenger protection, chassis design, engines and ergonomics. ... more

Find other employees at this company (1,101)

Background Information

Employment History

Commissioner
Insurance Commissioner

Affiliations

Board Member
Capital Market Development Council

Web References (122 Total References)


IC Commissioner Emmanuel ...

www.manilatimes.net [cached]

IC Commissioner Emmanuel Dooc said they expect that individual Filipinos who are insured through microinsurance would grow to 50 million by 2018 or 2019 from the current 30 million plus.

"Our latest official count is 28 million as of 2014. So, easily we are now well over 30 million," he noted.
Dooc said they already surpassed their original 20-20 target for the microinsurance or at least 20 percent of the population are insured by the year 2020.
"We have long ago exceeded that because we are now at 40 and it is now 2016," Dooc told reporters at the sidelines of the 2016 Ready: Disaster Resilience Forum in Makati City on Wednesday.
Instead of a 20 percent target, he said they are expecting that at least 60 to 70 percent of the population would be insured by 2020.
"With more participants in micro insurance program, we could drive up the number of insured and the premiums generated," the Insurance chief added.
To meet such target, Dooc said, they have to encourage more players to participate in micro-insurance particularly the big ones with networks throughout the country.
"They will see that there is money in micro," he added.
Dooc said for 2015 alone, roughly three percent or P7.2 billion of the P233 billion estimated premium contribution came from mutual benefit associations (MBAs), major providers of micro-insurance.


IC Commissioner Emmanuel ...

www.manilatimes.net [cached]

IC Commissioner Emmanuel Dooc said they expect that individual Filipinos who ... Read more >


IC Commissioner Emmanuel ...

www.tribune.net.ph [cached]

IC Commissioner Emmanuel Dooc has claimed that thousands of jobs may be lost, and regulations may be onerous, with regards to the proposed reformed CTPL.


The event was attended by Insurance ...

www.ECEBUANALHUILLIER.COM [cached]

The event was attended by Insurance Commission (IC) Commissioner Emmanuel Dooc, IC Cebu District Chief Atty.


IC Commissioner Emmanuel ...

www.tribune.net.ph [cached]

IC Commissioner Emmanuel Dooc, in a briefing at the sidelines of the two-day Disaster Risk Finance - Apec Roadmap for Resilient Economies that started in SMX, Bacolod City yesterday, said the proposed insurance product covers destruction from typhoon, flooding caused by typhoon, earthquake and fire. He said IC and the Bureau of Treasury are now reviewing the proposal for presentation before Department of Finance (DoF) Sec.

...
"We hope that the proposed Executive Order, a draft of which is already prepared, if DoF will endorse it then it will be with the President hopefully before the end of the year," Dooc said. The proposed product was formulated along with the Insurance and Surety Association of the Philippines and World Bank's financing arm - International Finance Corp. Dooc explained that the proposed product is different from the pending bill in Congress calling for the reduction of taxes imposed to non-life companies, which to date is 27 percent annually and is the highest in the world. Dooc said they proposed to tax non-life insurance companies of a five percent premium tax, which is similar to the Gross Receipt Tax (GRT) imposed on banks, and a 0.5 percent DST. "I surveyed the players, the non-life insurance industry, and that is acceptable to them," he added.

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