Close Menu
    What's Hot

    Royal Institute of British Architects 1974 Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC

    June 29, 2026

    Energy Industry Pension Scheme Completes Bulk Purchase Annuity Buy-In With Canada Life

    June 24, 2026

    Passage of UK Pension Schemes Act Seen Boosting Size of DB Superfund Market

    June 24, 2026
    X (Twitter) LinkedIn
    Longevity & Mortality Investor
    • Home
    • Coverage
      1. Life Insurance Capital Solutions
      2. Life Insurance
      3. Longevity and Mortality Risk Transfer
      4. Mortality
      5. Secondary Life Markets
      6. View All

      Pacific Life Re Appoints Florence Durousseau as Head of Capital Solutions, Europe

      June 15, 2026

      Third Block Reinsurance Deal With Tokio Marine & Nichido Life for Pacific Life Re

      June 10, 2026

      Lumos Insurance Hires Tom Kenny To Establish Reinsurance Operations

      June 9, 2026

      Resolution Life Closes Three Reinsurance Transactions in Asia

      June 8, 2026

      Shaping the Future of Health Insurance Through Innovation and Analytics

      June 10, 2026

      Q&A: Dr Christoph Schmitt, Director, Insurance, Fitch Ratings

      May 28, 2026

      Chronic Disease Onset and Cumulative Exposure: Clinical, Prognostic and Underwriting Implications

      May 13, 2026

      US Annuity Sales Notch Tenth Consecutive $100bn+ Quarter

      May 11, 2026

      Royal Institute of British Architects 1974 Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC

      June 29, 2026

      Energy Industry Pension Scheme Completes Bulk Purchase Annuity Buy-In With Canada Life

      June 24, 2026

      Passage of UK Pension Schemes Act Seen Boosting Size of DB Superfund Market

      June 24, 2026

      From Policy Ambition to Operational Reality: Building the Foundations of the UK’s Next Pensions Era

      June 24, 2026

      The Pursuit of Everlasting Life Unlikely to Shift Actuarial Models

      June 10, 2026

      Pricing in the Unknown: Why Mortality Models Aren’t Ready for MCED Tests Just Yet

      April 9, 2026

      Better Understanding of Alzheimer’s Is Improving Lives if Not Actuarial Assumptions – Yet

      March 25, 2026

      Business as Usual in UK Pension Risk Transfer Market Amid Record Low Mortality in England and Wales

      March 25, 2026

      UK Equity Release Market Waits on Fourth Quarter for Potentially Market-Altering Change

      June 24, 2026

      Q&A: James Westerlind, Partner, ArentFox Schiff

      June 24, 2026

      New Data Shows Typical Life Settlement Covers the Average Cost of Long-Term Care

      May 28, 2026

      Policyholders Who Sold Their Life Insurance Received Nearly Nine Times More Than Insurers Offered in 2025

      May 20, 2026

      Royal Institute of British Architects 1974 Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC

      June 29, 2026

      Energy Industry Pension Scheme Completes Bulk Purchase Annuity Buy-In With Canada Life

      June 24, 2026

      Passage of UK Pension Schemes Act Seen Boosting Size of DB Superfund Market

      June 24, 2026

      UK Equity Release Market Waits on Fourth Quarter for Potentially Market-Altering Change

      June 24, 2026
    • Events
    • Latest Issues

      Editor’s Letter – Volume 2, Issue 6, June 2026

      June 10, 2026

      Editor’s Letter – Volume 2, Issue 5, May 2026

      May 13, 2026

      Editor’s Letter – Volume 2, Issue 4, April 2026

      April 9, 2026

      Editor’s Letter – Volume 2, Issue 3, March 2026

      March 11, 2026

      Editor’s Letter – Volume 2, Issue 2, February 2026

      February 11, 2026
    • Contact Us
    Newsletter
    Longevity & Mortality Investor

    Latest CMI Model Shows Rise in Cohort Life Expectancy

    Mortality June 30, 2025By LMI Newsdesk
    Share
    Twitter LinkedIn Email

    The UK’s Continuous Mortality Investigation (CMI) has released its latest annual update to the CMI Mortality Projections Model, CMI_2024. The CMI Model is used by UK pension schemes and insurance companies which need to make assumptions about future mortality rates.

    CMI_2024 produces cohort life expectancies at age 65 that are about three months higher for males and about two weeks higher for females than in the previous version of the CMI model, CMI_2023.

    The CMI has made significant changes to the method for CMI_2024, now that the short- to-medium term impact of the pandemic on mortality is better understood. This follows consultation with users, who were largely supportive of the proposals.

    Versions of the CMI Model from CMI_2020 to CMI_2023 addressed the impact of the pandemic by placing no weight on data for 2020 or 2021 and reduced weight on data for 2022 and 2023. In contrast, CMI_2024 puts full weight on data for every year and introduces a new “overlay” term to explicitly model the initial increase in mortality caused by the pandemic as well as the fall in the following years.

    Standardised mortality rates in England and Wales have fallen each year since 2020. All-age mortality in 2024 was the lowest on record, but still higher than what the CMI Model projected before the pandemic. Mortality to date in 2025 has also been relatively low, and comparable to the corresponding period in 2024.

    Mortality trends have varied significantly by age. Although mortality in 2024 reached record lows at pensioner ages, mortality for younger working ages remained above the 2014-2023 average. CMI_2024 reflects this by allowing trends to differ by age more than in previous versions, and this drives the increase in life expectancies at pensioner ages, particularly for males.

    “We were pleased that responses to the consultation on CMI_2024 showed broad support for our proposal. The key changes made allow better modelling of mortality as we emerge from the pandemic and should provide a sound foundation for future years,” said Cobus Daneel, Chair of the CMI Mortality Projections Committee.

    “While recent mortality has been close to record lows, the outlook for mortality remains uncertain. We encourage users of our model to consider adjusting the model’s parameters to reflect their own portfolios and views on the impact of the pandemic.”

    2025 - July Longevity Risk News News: July 2025 Population Mortality
    Share. Twitter LinkedIn Email

    Related Posts

    Royal Institute of British Architects 1974 Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC

    June 29, 2026By LMI Newsdesk

    Energy Industry Pension Scheme Completes Bulk Purchase Annuity Buy-In With Canada Life

    June 24, 2026By LMI Newsdesk

    Passage of UK Pension Schemes Act Seen Boosting Size of DB Superfund Market

    June 24, 2026By Mark McCord

    UK Equity Release Market Waits on Fourth Quarter for Potentially Market-Altering Change

    June 24, 2026By Greg Winterton
    Latest Issue

    Passage of UK Pension Schemes Act Seen Boosting Size of DB Superfund Market

    June 24, 2026

    UK Equity Release Market Waits on Fourth Quarter for Potentially Market-Altering Change

    June 24, 2026

    From Policy Ambition to Operational Reality: Building the Foundations of the UK’s Next Pensions Era

    June 24, 2026

    Q&A: James Westerlind, Partner, ArentFox Schiff

    June 24, 2026
    Ad

    Where Longevity and Mortality Meet the Markets
    ISSN 2978-5219

    X (Twitter) LinkedIn
    Coverage
    • Life Insurance Capital Solutions
    • Life Insurance
    • Longevity and Mortality Risk Transfer
    • Mortality Risk
    • Secondary Life Markets
    More Info
    • Home
    • About Us
    • Contact Us
    • Guest Articles
    • Submit Story Idea
    Our Newsletter
    Get the latest industry news, commentary and events from the Longevity & Mortality Investor directly into your inbox. Why not sign up today?

    © 2026 Longevity & Mortality Investor. Website by Kavells.
    • Sitemap
    • Privacy Policy
    • Copyright Notice
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.