This issue includes:

• Discount rates under Solvency II
  by Oliver Gillespie, Robert Bugg, Matthew Cocke
• The future of mutual life insurers
  by John McKenzie, Philip Simpson
• Allocation of economic capital
  by Russell Osman, Fred Vosvenieks
• Phase II insurance contract reporting
  by Matthew Cocke, Emma McWilliam, William Hines
• Solvency II—risk management: Groups and emerging risks
  by Neil Cantle, Oliver Gillespie
• Sukuk—an Islamic alternative to conventional bonds
  by Lindsay Unwin, Farzana Ismail, John McKenzie