The CMI, supported by the Institute and Faculty of Actuaries, has a long history of providing authoritative and independent mortality and sickness rate tables for UK life insurers and pension funds. The CMI tables have underpinned the prudential and financial reporting of almost all these institutions.
From 1 March 2013, the structure and processes of the CMI have been revised, to ensure that it remains fit for purpose in the 21st century. The changes address vulnerabilities in the CMI’s previous structure and funding, strengthen its processes and governance and will create a stronger and fairer organisation that will continue to be regarded as 'a jewel in the crown' of the Institute and Faculty of Actuaries. The key change is that new full outputs of the CMI will only be available to those organisations and individuals who register as CMI users, and who contribute the appropriate amount for their organisation.
Click here for more detail on the changes to the CMI.