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Informational Memorandum-IS-14-002

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Heather Manzano, Acting Deputy Administrator for Insurance Services
Subject
2015 Standard Reinsurance Agreement (SRA) and 2015 Livestock Price Reinsurance Agreement (LPRA)

The Risk Management Agency (RMA) has released the 2015 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2015 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2014. The documents are located on the RMA website at: www.rma.usda.gov/pubs/ra/. The draft Appendix III that provides standards, procedure and instructions for reporting data to RMA will be issued by May 10, 2014.

The following changes were made to the 2015 SRA: Section III(a)(2)(G)(i)(IV): For the 2015 reinsurance year, the value in subclause (IV) will be 1.0509.

Section III(a (2)(H)(i))(IV): For the 2015 reinsurance year, the value in subclause (IV) will be 1.0509.

Companies wishing to participate during the 2015 reinsurance year must submit a signed copy of the applicable agreement and the Plan of Operation exhibits, to RMA by April 1, 2014. Send all 2015 SRA and 2015 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 Stop 0801 Washington, DC 20250-0804

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