CMI Working Paper 92

Working Paper 92 describes the proposed “08” Series term mortality tables based on experience in 2007-2010, for consultation. The paper provides an overview of the dataset, describes the methodology used to produce the tables, sets out accompanying analyses and describes the proposed approach to extending the tables to younger and older ages.

An Executive Summary has been produced for Working Paper 92 and is contained in a separate document. This provides a brief synopsis of the working paper and is publically-available.

The proposed “08” Series term mortality tables are issued for consultation; feedback is requested on these tables, and the accelerated critical illness tables, issued alongside Working Paper 89 by 30 November 2016. The Committee is hosting a discussion forum in London in the afternoon of Friday 28 October at which we will provide an overview of the key points of both sets of proposed tables with time for questions and discussion. Further details are available on the events calendar.

There are a number of Excel spreadsheets issued alongside this paper:

• The proposed “08” Series term mortality tables This spreadsheet contains the proposed rates, including the indicative rates at younger and older ages.
• All Offices results for 2007-2010, comparing the experiences of the graduations dataset with the proposed and indicative “08” Series tables; note that this dataset comprises data for business written in 2001 and later years. A second set of results is also provided additionally incorporating data for business written in 2000 and earlier years.
• The dataset that underlies the graduations; reformatted to enable easier use in the graduation software, available alongside Working Paper 77. Note that this spreadsheet also includes a dataset that includes business written in 2000 and earlier years