The resolution regime for insurance undertakings implemented by Ordinance No. 2017-1608 of 27 November 2017 on the creation of a resolution regime for the insurance sector provided public authorities with new powers and tools in order to better prevent the failure of insurance undertakings or groups and to minimise the possible adverse consequences of such failures. It allows for the resolution college of the Autorité de contrôle prudentiel et de résolution (ACPR) to have at its disposal swift and enhanced instruments and powers with regard to insurers in difficulty so as to prevent the adverse consequences of possible failures in this sector on policyholders, financial stability, the economy or public finances.