Note: More recent versions of the CMI Mortality Projections Model have subsequently been released. View the full list of model versions
CMI Working Paper 49 accompanies the updated version of the CMI Mortality Projections Model, CMI_2010, and is issued alongside the model and an updated user guide
The structure of the CMI_2010 model is identical to that of the CMI_2009 version. However, the default parameters contained in the model have been updated to reflect the publication of England and Wales population mortality data for calendar year 2009.
As a result, the default initial rates of mortality improvement have, in general, increased from those published in 'CMI_2009'. Accordingly core projections generated by the CMI_2010 model produce expectations of life which are generally slightly higher than those produced by CMI_2009 (with other parameters held constant).
This working paper illustrates the impact of incorporating data for 2009 and discusses the issues arising from the update to the model.
- 23 November 2010
- 23 November 2010
- 23 November 2010
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We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.
This webinar will cover:
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• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.