Insurance Act 1996
E818517
The Insurance Act 1996 was Malaysia’s principal legislation governing the regulation, supervision, and conduct of insurance business and insurers prior to its replacement by more modern financial services laws.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Insurance Act 1996 canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T9733280 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Insurance Act 1996 Context triple: [Financial Services Act 2013, repealed, Insurance Act 1996]
-
A.
Lloyd’s Act 1982
Lloyd’s Act 1982 is a key piece of UK legislation that modernized and regulates the structure, governance, and operations of the Lloyd’s of London insurance market.
-
B.
Lloyd’s Act 1911
Lloyd’s Act 1911 is a UK statute that restructured and regulated the operations and governance of the Lloyd’s of London insurance market in the early 20th century.
-
C.
Lloyd’s Act 1871
Lloyd’s Act 1871 is a UK statute that formally established the legal framework and corporate structure of the Lloyd’s of London insurance market.
-
D.
War Hazards Compensation Act
The War Hazards Compensation Act is a U.S. federal law that provides reimbursement and compensation for injuries, death, or detention of civilian employees caused by war-risk hazards while working in support of U.S. military or government operations abroad.
-
E.
National Insurance Act 1946
The National Insurance Act 1946 was a landmark British welfare reform law that created a comprehensive, compulsory social security system providing benefits for sickness, unemployment, retirement, and other contingencies for most of the population.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Insurance Act 1996 Target entity description: The Insurance Act 1996 was Malaysia’s principal legislation governing the regulation, supervision, and conduct of insurance business and insurers prior to its replacement by more modern financial services laws.
-
A.
Lloyd’s Act 1982
Lloyd’s Act 1982 is a key piece of UK legislation that modernized and regulates the structure, governance, and operations of the Lloyd’s of London insurance market.
-
B.
Lloyd’s Act 1911
Lloyd’s Act 1911 is a UK statute that restructured and regulated the operations and governance of the Lloyd’s of London insurance market in the early 20th century.
-
C.
Lloyd’s Act 1871
Lloyd’s Act 1871 is a UK statute that formally established the legal framework and corporate structure of the Lloyd’s of London insurance market.
-
D.
War Hazards Compensation Act
The War Hazards Compensation Act is a U.S. federal law that provides reimbursement and compensation for injuries, death, or detention of civilian employees caused by war-risk hazards while working in support of U.S. military or government operations abroad.
-
E.
National Insurance Act 1946
The National Insurance Act 1946 was a landmark British welfare reform law that created a comprehensive, compulsory social security system providing benefits for sickness, unemployment, retirement, and other contingencies for most of the population.
- F. None of above. chosen
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
Malaysian federal statute
ⓘ
financial services legislation ⓘ insurance law ⓘ |
| aimsTo |
ensure orderly development of the insurance sector
ⓘ
promote a sound insurance industry ⓘ protect policyholders ⓘ |
| appliesTo |
adjusters in Malaysia
ⓘ
insurance agents in Malaysia ⓘ insurance brokers in Malaysia ⓘ insurers in Malaysia ⓘ |
| contains |
provisions on fit and proper requirements
ⓘ
provisions on inspection and investigation ⓘ provisions on licensing criteria ⓘ provisions on offences and penalties ⓘ provisions on reporting and disclosure ⓘ |
| country | Malaysia ⓘ |
| enforcedBy | Bank Negara Malaysia ⓘ |
| governingBody | Minister of Finance (Malaysia) ⓘ |
| jurisdiction | Malaysia ⓘ |
| languageOfDocument |
English
ⓘ
Malay ⓘ |
| legalSystem | common law ⓘ |
| legislature | Parliament of Malaysia ⓘ |
| predecessorOf |
Financial Services Act 2013 insurance provisions
ⓘ
linked to:
Financial Services Act 2013
|
| providesFor |
authorization of insurance brokers
ⓘ
capital adequacy requirements ⓘ corporate governance of insurers ⓘ intervention and enforcement powers ⓘ licensing of insurers ⓘ maintenance of insurance funds ⓘ market conduct requirements ⓘ protection of policy owners ⓘ prudential supervision of insurers ⓘ regulation of adjusters ⓘ regulation of insurance agents ⓘ solvency requirements for insurers ⓘ winding up of insurers ⓘ |
| regulates |
composite insurers
ⓘ
general insurance business ⓘ life insurance business ⓘ reinsurance business ⓘ |
| regulatorEmpowered | Bank Negara Malaysia ⓘ |
| repealedBy |
Financial Services Act 2013
ⓘ
Islamic Financial Services Act 2013 ⓘ |
| repealScope | conventional insurance business framework ⓘ |
| shortTitle | Insurance Act 1996 ⓘ |
| status | repealed ⓘ |
| subjectMatter |
conduct of insurance business
ⓘ
regulation of insurance business ⓘ supervision of insurers ⓘ |
| timePeriod | late 1990s to early 2010s ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Insurance Act 1996 Description of subject: The Insurance Act 1996 was Malaysia’s principal legislation governing the regulation, supervision, and conduct of insurance business and insurers prior to its replacement by more modern financial services laws.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.