In this issue: Europe – Solvency II update; UK – Lloyd's publishes Solvency II guidance notes; UK – FSA comments on the resolution framework for insurers; UK – Update on the PRA's role as insurance regulator; UK – HMRC publishes interim guidance on new corporate tax regime for life insurers; Global – IAIS launches self-assessment and peer review on corporate and risk governance; Global – IAIS publishes comments on consultation on policy measures for global systemically important insurers; US – New York Department of Financial Services reissues emergency regulations on Superstorm Sandy claims; Brazil – Privatization of Latin America's major reinsurer; Have you seen our Year in Review?

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