Continuous Mortality Investigation
The Continuous Mortality Investigation (CMI) carries out research into mortality and morbidity experience.
Much of the CMI’s work is based on analysing data supplied by UK life assurance companies and by actuarial consultancies, in respect of members of large self-administered pension schemes (SAPS). Currently, the following investigations are undertaken:
The investigations focus on analysing the experience observed in subsets of the aggregated data and also periodically they produce mortality and morbidity tables used by actuaries.
Future changes in mortality experience is an area of great importance to actuaries. Information on the CMI’s work, including the latest versions of the CMI Library of mortality projections and the CMI Mortality projections model, can be accessed here.
The CMI is funded by subscriptions. The majority of subscribers also submit data; they then receive results for any data they have submitted. Details of the data submitted by each data contributor are strictly confidential.
Results presenting the experience of the aggregated datasets are made available to all subscribers. Historically, some CMI research findings were published more widely: CMI reports were published and in 2002 the CMI also started reporting developments in the form of Working papers, allowing information to be disseminated quickly and facilitate feedback and consultation. From 1 March 2013 new full outputs are only available to those organisations and individuals who register as CMI users, and who contribute the appropriate amount for their organisation. More details.
The CMI’s latest news provides information on current work, recent publications and seminar presentations.