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Informational Memorandum-IS-19-002

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Delores Dean, Acting Deputy Administrator for Insurance Services
Subject
2020 Standard Reinsurance Agreement (SRA) and 2020 Livestock Price Reinsurance Agreement (LPRA)

The Risk Management Agency (RMA) has released the 2020 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2020 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2019. The documents are located on the RMA website Reinsurance Agreements page. The draft Appendix III that provides standards, procedure and instructions for reporting data to RMA will be issued by May 2019.

RMA will be implementing 2018 Farm Bill requirements and revising documents prior to June 30, 2019. Otherwise, the SRA and LPRA for the 2020 reinsurance year have not changed from the prior year.

Companies wishing to participate during the 2020 reinsurance year must submit a signed copy of the applicable agreement and the Plan of Operation exhibits, to RMA by April 1, 2019. Send all 2020 SRA and 2020 LPRA documentation to your assigned account executive or:

VIA email to:                  Dave.Miller@rma.usda.gov

VIA overnight mail to:    David Miller, Director
                                      Reinsurance Services Division, RMA
                                      1400 Independence Avenue, SW, Room 6747
                                      Washington, DC 20250-0801

Please direct any questions to David Miller at 202-720-9830.