provides a wider range of triggers under which an IDI can be placed into resolution,
which along with the mandatory resolution under the PCA regime (see Core Principle (CP) 11 of
the BCP assessment) allows for sufficiently early resolution. Under state insurance receivership law,
a resolution proceeding may be issued reasonably in advance of an insurer’s insolvency, with
detailed triggers available for this purpose although, in all cases, subject to court approval.