|
gptkbp:instance_of
|
gptkb:legislation
|
|
gptkbp:administered_by
|
gptkb:Department_of_Finance_Canada
|
|
gptkbp:aims_to
|
protect policyholders
|
|
gptkbp:amended_by
|
gptkb:Financial_Consumer_Agency_of_Canada_Act
|
|
gptkbp:applies_to
|
federally regulated insurance companies
|
|
gptkbp:defines
|
insurance business
|
|
gptkbp:effective_date
|
1987-01-01
|
|
gptkbp:enacted_by
|
gptkb:Parliament_of_the_United_Kingdom
|
|
gptkbp:establishes
|
capital requirements
|
|
gptkbp:facilitates
|
mergers and acquisitions in insurance sector
|
|
gptkbp:governed_by
|
gptkb:Office_of_the_Superintendent_of_Financial_Institutions
|
|
gptkbp:governs
|
insurance companies
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Insurance Companies Act (Canada)
|
|
gptkbp:includes
|
provisions for dispute resolution
provisions for solvency
provisions for consumer protection
provisions for policyholder rights
|
|
gptkbp:is_a_key_component_of
|
Canada's financial system
|
|
gptkbp:is_applicable_to
|
foreign insurance companies operating in Canada
|
|
gptkbp:is_designed_to
|
ensure financial stability of insurers
|
|
gptkbp:is_influenced_by
|
international insurance standards
|
|
gptkbp:is_part_of
|
Canadian financial regulatory framework
|
|
gptkbp:is_related_to
|
gptkb:Insurance_Act_(Ontario)
|
|
gptkbp:is_reviewed_by
|
gptkb:Parliament_of_the_United_Kingdom
|
|
gptkbp:is_subject_to
|
Canadian law
|
|
gptkbp:is_updated_by
|
legislative amendments
|
|
gptkbp:mandates
|
licensing of insurance companies
|
|
gptkbp:promotes
|
fair competition in insurance market
|
|
gptkbp:provides
|
regulatory compliance
framework for insurance operations
|
|
gptkbp:regulates
|
insurance industry
|
|
gptkbp:requires
|
annual financial statements
disclosure of information to policyholders
|
|
gptkbp:bfsParent
|
gptkb:Assumption_Life
|
|
gptkbp:bfsLayer
|
7
|