This issue includes:

• Rethinking operational risk models
  by Neil Cantle, Fred Vosvenieks
• The future of life insurance taxation
  by Philip Simpson
• CEIOPS: Consultation paper on variable annuities
  by Neil Dissanayake, Gary Finkelstein
• Omnibus II
  by William Coatesworth, Neil Cantle
• The CMI mortality projections model
  by Robert Bugg, Farzana Ismail, Russell Osman
• Product innovation: 2011 year of the protection account
  by Gary Finkelstein, Neil Dissanayake, Neil Cantle, Joshua Corrigan
• The impact of recent regulatory changes on the Indian life insurance market
  by Sanket Kawatkar
• Financial markets corner European variable annuity economic hedge costs – Market update
  by Gary Finkelstein, Neil Dissanayake, Neil Cantle, Joshua Corrigan