The CMI collects information from insurance companies and actuarial consultancies in order to carry out research into the mortality and morbidity experience of various classes of insured lives, annuitants and pensioners

The purposes for which the CMI uses the information it collects are to:

  • compare the actual mortality and morbidity experience with the expected experience based on one or more published tables
  • construct tables of mortality and morbidity functions based on analysis of aggregated data primarily for use by members of the actuarial profession
  • make estimates of future developments in mortality and morbidity rates
  • carry out other statistical investigations and research that may be useful to actuaries with regard to the conduct of long term assurance, annuity and pension business, of sickness and related insurances and of self-administered pension schemes.

The CMI uses this data to produce:

  • a summary of the data and the mortality / morbidity experience of that dataset. This is returned to the relevant data contributor and it is an integral part of CMI’s data validation, to ensure we have interpreted the data appropriately; and
  •  an anonymised dataset, in which no individual can be identified, which is used with other relevant data for further research,

The CMI makes available the results of its research by a number of means:

  • Subscribers and other Authorised Users receive an analysis of the aggregated experience of a number of data submissions, usually for a single year or for several years combined.
  • The CMI also releases the results of some of these aggregated analyses and the results of other research to Subscribers and other Authorised Users in Working Papers and other documents

In certain circumstances the CMI may supply data to universities, and others, for non-commercial research

This will be done under a Research License  which sets out the obligations of the researcher(s) and the CMI

All requests for data for research should include the following:

  • confirmation that the terms of the Research Licence will be met
  • information about what data is required
  • a summary of the purpose of the data request and the intended output.

Data will only be released for research purposes where the CMI Management Committee agrees that the proposed research may provide a worthwhile addition to actuarial knowledge. The CMI reserves the right to levy a charge for the handling of such data requests.

Any data provided for research will have been de-personalised in such form that they can no longer be considered personal data or sensitive personal data within the context of the data protection legislation. In addition, any data provided will normally be aggregated so as to preserve the confidentiality of information relating to individual life offices or pension schemes.

Occasionally the CMI may make available data that indicates, via anonymous codes, the data from individual life offices or pension schemes. Such research will only normally be undertaken at the instigation of the relevant investigation committee and the Research License requires that:

  •  published work based on the data will not include any figures that might allow an individual life office or pension scheme to be identified; and
  • a draft copy of the report will be submitted to the CMI prior to publication for approval.

Contact Details

If you have any questions about the CMI please email

info@cmilimited.co.uk

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Events calendar

  • Spaces available

    Drawing from his most recent book “The New Long Life” and his longevity research Andrew J Scott will outline how longer lives and new technologies will fundamentally reshape how we structure our lives and transform the economy. As well as looking at the agenda this will set governments and corporates he will focus on the implications for you and how you prepare your future career.

  • India Town Hall

    Webinar
    28 January 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann. 

  • Spaces available

    What are the options for the world economy looking ahead?

    In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.

  • Spaces available

    Trust and Leadership for Actuaries

    Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:

  • Health and Care Hot Topics webinar

    Online webinar
    10 February 2021

    Spaces available

    In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.

    Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.

  • Spaces available

    As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.

  • Sub-Saharan Africa Town Hall

    26 February 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.

  • MENAP Town Hall

    2 March 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.