These tables are based on the ‘all office’ mortality experience for 1999-2002, as detailed in CMI Report 21 which was published in September 2004. The CMI consulted the profession about these, and other, proposed mortality tables in CMI Working Paper 8 which was published in May 2004. That paper was discussed at a seminar held in Staple Inn in June 2004.
In April 2005 CMI Working paper 12 was published. Working paper 12 contained proposals for the 00 series assured lives (permanent and temporary assurances) tables.
The proposed new tables of mortality for annuitants and pensioners are significantly lighter, over the main age ranges for these types of business, than the previous 92 series of tables: it is also clear that the ‘shape’ of mortality is somewhat different
However, the new tables are consistent with the results disclosed in the CMI’s regular annual reports on industry mortality experience, the quadrennium report in CMI Report 21 (2004) and with the information contained in CMI Working Paper 8. That paper gave a detailed comparison of the 1999-2002 experience with the 92 series tables, including confidence intervals for mortality rates at particular ages. In this way information as to the shape and level of mortality that the new tables will be required to describe was disclosed.
The CMI is aware that some offices are required, for some purposes, to use the latest published mortality tables. It should be noted that the information that is now being made available does not constitute ‘publication’ of the tables. At time of publication, it is expected that formal adoption of the 00 series tables will occur towards the end of Q1 2006, but this depends on feedback received.
Related documents
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CMI Working paper 16. The graduation of the CMI 1999-2002 mortality experience: Proposed annuitant and pensioner graduations
27 September 2005 -
CMI Report 21. Whole volume
31 May 2004 -
CMI Working paper 8. Considerations for the graduation of the CMI 1999-2002 mortality experience
1 November 2004 -
CMI Working paper 12. The graduation of the CMI 1999-2002 mortality experience: Feedback on Working paper 8 and proposed assured lives graduations
10 April 2005
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Asia Conference 2021 webinar series
Online webinar series26 July 2021 - 30 July 2021
We have made it through 2020 but the COVID-19 crisis continues to have a significant impact on individuals, societies, businesses and the wider economy across the globe. Navigating the world post COVID-19 in an uncertain and highly unstable time brings along many uncertainties, challenges and exciting opportunities. Hence the theme of this year’s IFoA Asia Conference Webinar Series is “Risk. Adapt. Thrive.” -
CMI Income Protection
30 July 2021In April 2021, the CMI Income Protection Committee published Working Paper 149, which detailed the changes to analysis methodology for the Income Protection Investigation and the impact of past data issues. This webinar will provide an overview of the changes in the analysis approach and discuss the adjustments to the IP11 claim inceptions graduations.
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TPR Climate Change Guidance Consultation
17 August 2021
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri -
September 2021 - Exam Preparation Techniques Webinar
23 August 2021.
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Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them. -
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.
We have made it through 2020 but the COVID-19 crisis continues to have a significant impact on individuals, societies, businesses and the wider economy across the globe. Navigating the world post COVID-19 in an uncertain and highly unstable time brings along many uncertainties, challenges and exciting opportunities. Hence the theme of this year’s IFoA Asia Conference Webinar Series is “Risk. Adapt. Thrive.”
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s 
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.