Does Latevo Farmers Mutual have reinsurance?

Latevo Farmers Mutual is internalising all risks for 2019 and do not have reinsurance.  The global reinsurance market is prohibitively expensive and by internalising the risks we can ensure our members are offered risk protection at an affordable price.

The Members of LFM will use their combined resources to fund the Protection and other costs.  The combined resources of LFM as collected from all Members effectively funds the payment of claims by the Mutual.