Note: More recent versions of the CMI Mortality Projections Model have subsequently been released. View the full list of model versions
The version of CMI_2015 Model published on 28 September 2015 contained an invalid default value for the user input in cell G21 on the ‘Inputs’ tab. This has no effect if the ‘Core’ parameter level is selected for the ‘Initial Rates of Mortality Improvement’ and will cause error messages to be generated if the ‘Advanced’ parameter level is selected.
The version of the model released on 7 October 2015 contains the appropriate default value. Alternatively, the original version of the model can be used provided cell G21 on the Inputs tab is amended to 01/01/2012 (not 01/01/2011).
CMI Working paper 84 accompanies the updated version of the CMI Mortality Projections Model, CMI_2015, and is issued alongside the Model and an updated User Guide.
The structure of CMI_2015 is identical to that of the previous versions; however the default parameters contained in the Model have been updated to reflect England & Wales population mortality data for calendar year 2014, and for the first seven months of 2015.
The default Initial Rates of Mortality Improvement in CMI_2015 are lower than those published in CMI_2014 for almost all ages for both males and females. This means that Core Projections generated by CMI_2015 produce lower expectations of life than those produced by CMI_2014 (with other parameters held constant) for all ages for both males and females.
CMI Working Paper 83 analyses recent mortality in England & Wales and provides background for the calibration of CMI_2015.
Documents
- CMI Working Paper 84
- User guide accompanying CMI_2015
- The updated Model, CMI_2015 (Reissued on 07/10/2015 with cell G21 on the Inputs tab amended to an appropriate default value – affects the Advanced Parameters version only)
- Age-period-cohort model - males
- Age-period-cohort model - females
- Exposure and deaths dataset used in the preparation of CMI_2015 (Reissued on 06/10/2015 to incorporate additional data and minor formatting updates)
- Estimates of exposure at age 90+
Contact Details
If you have any questions about the CMI please email
Filter or search events
Events calendar
-
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.
-
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities. -
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.
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 
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities.
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.