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Informational Memorandum-IS-23-001

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Delores Dean, Deputy Administrator for Insurance Services
Subject
2024 Standard Reinsurance Agreement (SRA) and 2024 Livestock Price Reinsurance Agreement (LPRA)

The Risk Management Agency (RMA) has released the 2024 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2024 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2023. The documents are located on the RMA website at: www.rma.usda.gov/Topics/Reinsurance-Agreements.

Companies wishing to participate during the 2024 reinsurance year must submit a signed copy of the applicable agreement and the Plan of Operation exhibits, to RMA by April 1, 2023. Email all 2024 SRA and 2024 LPRA documentation and any questions to your account executive.