HomeMy WebLinkAbout03-1734COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2003
Whereas, the ERIE INSURANCE COMPANY, located at Erie, PA, has filed in this Department a
certified copy of its charter and a detailed statement of its Assets and Liabilities, and otherwise complied with
the requirements of Section 661 of the Act of Assembly of the Commonwealth of Pennsylvania, entitled "An
act relating to insurance; amending, revising and consolidating the Law &c.," approved the 17th day of May,
A.D. 1921, as well as with the requirements of the laws of this Commonwealth applicable to such company in
doing business herein.
Now Therefore, I, M. Diane Koken, Insurance Commissioner of the Commonwealth of Pennsylvania, do
hereby certify, in accordance with Section 1, of the Act of Assembly approved June 29, 1923 and known as act
No. 373 of the Laws of 1923, that the Erie Insurance Company, of Erie, PA, is duly authorized to become
and
be accepted as sole surety on all bonds, undertakings and obligations required or permitted by law or the
ordinances, rules or regulations of any municipality, board, body, organization, or public officer.
In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
Insurance Commissioner
PROPERTY AND cA'$LL, q_ TY COMPANIES ' A~ _eO,31A TION EDITIC :"
IIIllllllllllllllli!
*20283200220100100.
ANNUAL STATEMENT
FOR THE YEAR ENDED DECEMBER 31, 2002
OF THE CONDITION AND AFFAIRS OF THE
ERIE INSURANCE COMPANY
Policyholder Relations Contact
Chaln~n of~e Board:
Senior Executive Vice President,
Senmt~ & General Coun~l:
Eugene Chades Connell
Timolhy Oerard NeCasuo
Michael Stephen Zavasky
George David Dufala
NAIC Group Code ~ 213 NAIC Company Code 26263 Employer's ID Number 25-1232960
(Currant Period) (Prior Period)
Organized under the Laws of the State of ~ State of Domicile or Port of Entry ~
Country of Domicile U.S. Incorporated Santember I l, 1972 Commenced Business January I. 1973
Statutory Home Office 100 Erie Insurance Place Erie. PA 16530
($~ent and N,_:-~.~-~:) (City or Town, Slate and Zip Code)
Main Adminbtrative Office 100 Erie Insurance Place Erie, PA 16530 814-870-2000
(Street and Nmiib~n) (City or Town, State and Zip Code) (Area Code) (Telephone Number)
Mail Address 100 Erie Insurnn_¢e Place Erie, PA ]6~530
(Street and Nua~b~) (City or Town, State and Zip Code)
Primary Location of Books and Records 100 Erie Insurance Place Erie. PA 16530 814-870-2000
(Street and Number) (City or Town, State and Zip Code) (Area Code) (Telephone Number)
Intarnet Website Address www.erieinsurance.com
Annual Statement Contact Greeory John Gutting 814-870-2000 x2785
(Name)
(Area Code) (Telephone Number) (Extensi~o)
~eoorv.£,uttJn~ ~d~criein.~m'ance.com 8 ] 4-870-4040
(E-Mall A~,~) (Area Code) (Fan Numbe0
Rollin Richm-d Swanson 100 Erie lnTet!_ra~ce Place Erie, PA 16530 814-870-2000
(Name) (Site. et and Number) (City, State and Zip Code) (Ama Code) (Telephone Number)
OFFICERS
Frank William Hbt President & Chief Executive Officer: Jeffrey Alan Ludmt~
Jan Reid Van Gorder Executive Vine Pr~ident &
Chief Financial Officer: Philip Alan Garcia
Senior Vice President, Treasurer &
Chinfinvastmem Offenr: Douglas Frank Ziegk~
SENIOR VICE PRESIDENTS
Michecl Joseph Kndle George Raymond Lucore Thomas Brian Morgan
James Raymon Roehm John Piece Sommerwerck Bany Paul Stiles
REGIONAL VICE PRESIDENTS
Douglas Norman Fitzgerald Teny Lynn Hamman
Jamas Michael Caslucci
John PaUlck Dean
Richard Scott Huber
Charles Thomas Longua
Donald Edwani Moczulski
Robert Lawrence Oliver
David Cannon Tulino
Carol Sue W¢irich
Samuel Patton Black, III
Frank William Hin
Henry Nathan Nassau
VICE PRESIDENTS
Eric Douglas Root
Ronnie Lee Chamberlain Louis Felix Colaizzo Dennis Gale Conley
Ross Clark Fonticelin Richard James Hinmen James Gerald Horva!
Robert Thomas Juchno John David Keys Raymond Edward Leeds
Timothy Gerard Maher Terry Igc McConnell Keren Jean McEnery
Alice Ruth Moomy Robert Fredrick Morgan, Jr. Matthew Wayne Myers#
James Anthony Polito Patrick William SafsUom Ann Karmazon Scott
Michael Boniface Vehec Karen Barbara Veiger~ Rosalie Ann Wainch
Richard John Wisniewski Michael David Wolfe
DIRECTORS OR TRUSTEES
/ohn Ralph Bomeman, Jr. , Patticia Gan'isoo-Corbin
Samuel Polcn Katz Claude Clifford Lilly, Ill
John Martin Petcrsen Jan Reid Van Gorder
State of Pennsylvania / SS
Count), of Erie /
Susan Hirt Hagen
Jeffrey Alan Ludm~
Robert Charies Wilbum
The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the
reporting period stated above, all ~fthe hcrein described assc~s were the absolute property ofthc said ntporting entity, flee and clear from any liens or claims
thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein conlaincd, annexed or referred to,
is a full and true statement o£all thc assets and liabilities and of thc condition and affairs oftbe said reporting entity as of the reporting period stated above.
and of its income and deductions therefrom for the period ended, and have becn completed in accordance with the NAIC .4nnua/Statement Instructions and
.4ccounting Practices and Procedures manual cxccp o the extent that: ( I ) state law may differ; or, (2) that state rules or regulations require differences in
reporting not related to accou. P. qng practices and procedures, a~lcording to the best ~ their information, knowledge and belief, respectively.
· President & CI~' JaR Rod Van Oorder Senior Executive V .... L. -- ~
· '~ rnlllp Alan Garcia, Executive Vice
· President. Secretary &GeneraI Counsel President & CFO
Subscribed and sworn to before me this
21 st day of February. 2003
_/
NOTARY SEAL
KATHLEEN A. EWING. NOTARY PUBLIC
ERIE, ERIE COUNTY. PENNSYLVANIA
MY COMMISSION EXPIRES JULY 12, 2004
(a) Is this an original filing? Yes (X) No ( )
lb) If no: (i) state the amendmenl number:
(ii) date filed:
(iff) number of pages attached:
Erie Insurance Company
ASSETS
Cun'eN Year Pn1~' Year
I 2 3 4
Net Adn~
Nofla~ied /m~ Net Admitl~l
1. ~ ................ ~ .................................... 1~,4~,249 ,~ ............................................ 1~,~,249 ............. 189,~
2.1 P~ ~ (~ D, Pa~ 2. ~ 1) ............................................................................ ~,~,~ ................................................ ~,~,~5 ............... 21,9~,~
22 ~ ~ (~ub D, P~2, ~ ~ .............................................................................. 10,~,~ ~ ............................................... 10,9~,4M ............... 11,~7~g8
3. ~e ~ m ~ ~ {~ B):
3.~ ~ ........................................................................................................................................... 0 ...................................
32 ~.~ ~ ........................................................................................................................................................................ 0 .............................
4. ~(~A~:
4.1 P~~~W~$ ......... 0~) ............................................................................................................................ 0 ...................................
4.2 P~~p~I~$ ......... 0~) ................................................................................................................... 0 ..................................
4.3 Pm~ ~ ~ ~b (~ $ .......... 0 ~) ........................................................................................................................ ............................... 0 ..................................
5. ~ ($.....11,~,313 ~ E, P~ 1) ~d ~ ~
($.....7,118,1~ ~ DA, P~ 2) ..................................................................................................... 18,4~,~ .................................................. 18,4~,493 ............... 19,629,592
6. ~ ~ ~ (~ub ~) _ 0
7. R~ab~ ~ ...................................................... 31,9~ ........................................................ 31,9~ ...................... 55,476
8. ~ ~ ~ ~ ~ ..................................................................................................................... 0 ................................ 0 ................................ 0 ................................ 0
9. Su~, ~ a~ ~ ~ ~n~ 1 ~ 8) ............................................................................. ~,~2,7~ ............................. 0 ............ 263,~,7~ ............ ~42,~1,3~
10. A~'~ ~u~ ~u~
10.1 P~umand qm~'~n~ b ~~ .................................................................. 47,~,212 .................... 3~,~ ............... 47,~,~ ............... ~,597,~
10.2 Pmm~, qen~
aM n~ ~ ~ (~ $ .......... 0 ~ ~ ~ ~ ............................................ 1 ~,497,~ ................................. , ............. 129,497,~6 ............. 102,411,655
10~ A~ m~ p~m ........................................................................................................................................................................................ 0 ...................................
11. Fu~ ~ ~ or ~ ~ m~u~ ~ .................................................................................... 651 ,~ ...................................................... ~1.~ .................... 819,~7
12. B~b~bb ~en~r~m~ ............................................................................................................................................... 0 ...................................
13. ~ ~ab~ u~er h~h d~bb ~ ............ . ..................... 0 ...................................
14.
~m (~ub F, P~ 3, ~. 7 ~ 8) ............................................................................................. 21,~ ........................................................ ~1,~ ......................... 4,371
15. F~la~ ~n ~ ~~
(i~l~ $.....6,912,~ ~ d~ ~ ~ ........................................................................................ 12,~,478 ................................................ 12,~,478 ................. 7,~,~
16. G~n~mm~ ....................................................................................................................................................................................... 0 ..................................
17. E~ ~ ~ ~u~ a~ ~m ........................................................................................................................................................................ 0 ...................................
18: In~L ~ a~ ~ ~ ~ dm ~ ~ ........................................................................ ~,~,470 .................................................... 2,9~,470 ................ ~,~,851
19. ~t a~u~nb ~ ~= ~ ~ due = ~n ~ m~ .......................................................................................................................................... 0 ...................................
~. R~ ~ ~nL su~ a~ ~ ............................................................................................. 25,2~ ......................................................... ~,2~ ...................................
21. A~nt due ~o pm~ ~ ........................................................................................................................................ 0 ...................................
22. E~ and de~s~ in ~s ~ ~ns .................................................................................................... 5,451 ............................................................ 5,451 ' · ........................ 5,176
23. A~un~'~ivable mla~ng to unJnsumd a~ent and hea~ plans.. . ........................................................ 0 ...................................
24. ~a~ ~m~ (~hi~ 1) ..................................................................................................................................... 0 ...................................
25. ~ate w~ns ~ o~m ~an inked a~ ............................................................................................ 5~ ................................ 0 .................... 556,888 .................... ~5,672
~. To~l ~e~ ~dudi~ pm~ ~11 a~e~ (L~ 9 ~mugh 25) ............................................................. 4~,1~,918 .................... 3~,~6 ............. 457,7~,972 ............. 392,142,757
27. Pm~ ~11 ~e~ .......................................................................................................... : ................................................................................................................. 0 ...................................
28. TOTALS (Lin~ 26 and 27) ................................................................ 4~,133,918 .................... 396,946 ............. 457,7~,972 ............. 392,142.757
DETAILS OF WRffEdN$
0801 .........................................................................................................................................................
0802.
0803 ........................................................................................................................................................................................
0898. Summan/of remaining write4ns lot Line 8 from overllow page .................................................................................... 0 ................................ 0 ................................ 0 ................................ 0
0899. Totals{Lines0801 thru0803 plusO898)(UneSabove} ............................................................................................... 0 ................................ 0 ................................ 0 ~ ................................ 0
250'1.Premium Tax Credits .......................................................................................................................................... 465,216 ....................................................... 465,216 .................... 500,426
2502. Other Acoounts Receivable .................................................................................................................................. 91,672 ......................................................... 91,672 ...................... 45,246
2503 ............................................................................................................................................................................................................................................................... 0 ...................................
2598. Summai-/of remaining write-ins for Line 25 from overflow page .................................................................................. 0 ................................ 0 ................................ 0 ................................ 0
2599 Totals(Lines2501 thru 2503 plus 2598) (Line 25 above) ................................................................................. 556,888 ................................ 0 .................... 556~888 .................... 545,672
~.~,.,~,.~.=~. Erie Insurance Company
LIABILITIES~ SURPLUS AND OTHER FUNDS
1 2
Cuffest Year P~r Y~r
1. Loe~ (Part 2A, Line DI, Celunm 8).....L'.. ............................................... J. ............. .: ................................................................................................ 110,910,184 ............... 95,647,537
2, F~ i~/able on p~d ioee and Ioe~ adjuslmest es~ (Schedule F. pad 1, Cakmm 6), ...............................................................................................................................................
3. Lo~ a~uslmest e0q)m~e~ (Pad 2A, Line 34, Column 9). ...................................................... i ................................................................................................. 19,575,281 ................ 15,565.16t
4. Commis~ons payable, contl~ ~ and ~her s/milar cha~le~ .................................................................................................................................... $3,627 .................... 100,000
5. Ogler esl)enese (exciuclng trams, Imeses and lees). .......................................................................................................................................................... 38,211 ..................... 49,236
6. Teses, Bcesese and less (esclu;Ing fedend and forest income taxes) .................................................................................................................. g .............. 3,866,5~6 ................. 2,824,126
7. Fe~n~ esd k~0, I~e tax~ (l~u~g S. ......... 0 m ,,~lzed capl~ gm (kx,,~)) (~ducrm $ .......... 0 ~ d,k~ed t~ a~ty). .....................................................................................
& emoted mo,ey S. ......... 0 md I,We~themm $ ......... .0. ...............................................................................................................................................................................................
6. Unesmed P~ (Prat lA, Llue 37, C~unm 5) (allar deducting unesmed i~ for oeded re~ af $._.211,8~.t47
and in~uc~g waffanty msen~e dS ......... O). ................................................................................................................................................................. 63,709,384 ............... 51,177,6t7
10, ,edvance pmmkat,.s. ...................................................................................................................................................................................................... 1,007,711 ................. 8,62,423
11.1Stoc~ ........................................................................................................................
11.2 Policy~ ............................................................................................................................................................................................................... 92t,006 .................... 855,267
12, Ceded re~ premiums payable (net (ff oeding c(xmT~siom) ........................................................................................................................................... 16t,953,956 .............. 130,663,911
13. Fundsheld bycompanyandarminsutancelmages (Schedule F, Pa~3, Cdunm 19). .......................................................................................................................................................................
14. Amouots withheld or retained by company for anoount ~ o(hem ........................................................................................................... j .................................... 479,287 ................... 306,780
15. Remittances and items not allocated. ..............................................................................................................
16. Proviaion for reinsurance (Schedule F, Part 7). .................................................................................................................................................................................................................................
17. NOt a~us~ in asse~ and liaixlitJes due to foreign e~change rotes. .........................................................................................................................................................................................
18. Dfa~s outotmdi~ ...........................................................................................................................................................................................................................................................................
19. Payable to pa~ subaidiafles and affilatee ................................................................................................................................................................................. 9,797,373 ................. 9,574,599
20. Payable for secudaes. ..............................................................................................................................................................................................
21. i. Jabai~y far emouots held under uninsured acddent and heath plans. ...........................................................................................................................................................................................
22. Ca~it~ r~ $ ........... 0 and iot~t thereto $. ......... 0 ...................................................................................................................................................................................
23. ,~gmg ato wdle. i.s for liabii~ ................................................................................................................................................................................... 10,536,960 ............................... 0
24. Total Ih~'lifles excludin9 ix'o~oted ce# lial~dges (Une~ 11hrough 23). ................................................... j. ................................................................................ 382,652,560 .............. 307,616,656
25. Pro~ cetliia~ill§es. ....................................................................................................................................................................................................................................................................
26, Total ilabili~e~s (Lines 24 and 25). ............................................................................................... .'. ............................................................................................ 382,862~560 .............. 307,616,6~6
27. Aggregate wdto-k~ ~ special suq~us funds. ....................................................................................................................................................................................... 0 .............................. 0
28. C~-r.T,,~ c~pital ~ ....................................................................................................................................... 2,350,000 ................. 2,350,000
20. Prden'ed c~ Noc~ ................................................................................................................................................................................................
30. ,"~lmgote wdte4ns ~ other Ihan special su~us ~nd~ ............................................................................................................................................................................ 0 ............................... 0
31. Su~lus noCes ................................................................................................................................................................................................................................................................................
32. Gfess paid in and cootn'buted surpk.,s ........................................................................................................................................................................................ 31,482.000 ................ 31,482,000:
33. Unasaigned finds (suq~us) .......................................................................................................................................................................................................... 41,052,413 ................ 50,694,10t
34. t .......... 0.000 shams commo~ (value included in Line 28 $ .......... 0) ........................................................................................................................................................................................
34.2 .......... 0.000 shares prefem~ (value included in Line 29 $ .......... 0) ........................................................................................................................................................................................
36. suq~lus as regards pdic'~dars (Unas 27 to 33, less 34) (Page 4, Une 38) ................................................................................................................................ 74,864,413 ................ 84,526,101
36. TOTALS (Page 2, Line 26, COt. 3}. ............................................................................................................................................................................................. 457,736,672 : .............. 392,142,757
DETAILS OF WRITE*INS
2301. sucu~ies Landing Colgatemt ..................................................................................................................... 10,452,800 ..................................
23O2.
2~02 North Cardi~ Pdv~e P~ssangar Auto Escrow .......................................................................................................................................... 87,160 ..................................
2303.
2398. Summary of rarnaining writ~ns for Une 23 from ovadlow page... 0
2399.
Totais (Lines 2301
Ihru 2303 plus 2398) (l.ine 23 abova) .............................................................................................................................................................. 10,539,960 ............................... (
2791.
2702.
2703.
2798. Summa~ of remaining write-ins fo~ Line 27 from overllow page .......... . ............................................................. 0 ............................... 0
2799. Totals (L/nes 2701 thru 2703 plus 2790 (Line 27 above} ........................................................................................................................................... 0 ............................... 0
3001.
3002.
3003.
3098. Summary of remaining write-ins for IJne 30 from overflow page ................................................................................................................................................................... 0 ............................... 0
3099. Totals (I.Jnes 3001 I~ru 3003 plus 3098) (Line 30 above) ...................................................... . .............................................. 0 .............................. 0
~,,,,.,-=~,. Erie Insurance Company
UNDERWRITING AND INVESTMENT EXHIBIT
I 2
STATEMENT OF INCOME Cun~Year Pier Yesr
UNDERWRITING INCOUE
1. Pmmlun~ e~ (P~ 1, Une 34, Column 4). ................................................ ~ ............................................................................................................... 152,025,364 ................. 126,785,356
DEDUC'nON$
2. [_ __~e~__ In~u~md (Pat 2, Lies 34, C4~rm 7). ................................................................................................................................................................. 110,~0,~0g
3. L~ .x~en~,~ incunad (J~mt 3, Lies 20, C~nm 1) ....................................................................................................................................... 16,734,~4
4. O1~' ~lemd~ exl~naes incubi (Prat 3, Line 25, C. olgm~ 2) ............................................................................................................................. 49,576,571
5. Aggmgato v, dle~ for undemtlfog deduc~ons ........................................................................................................................................................ 1,023~20~
& Total undemtling dedu~oes (Lines 2 through 5) ................................................................................................................................................... 177,g25~0~0
?. N.~ Income of ~ected esb ...................................................................................................................................................................
& Net tmdefw~l~g gain {less) (Line 1 mira. Une 8 plus Line 7) .............................................................................................................................. (25,8g~,68~ ................ (18,520,57C
INVESTMENT INCOME
9. ~ ~ ~ ea,.ed ~ o~.et ~nvestme~ Inc~ne, Une 17) ................................................................................................................. 15,938,136 .................. 15,8~1,383
10. met maze~ ca~ g~ (fosses) (Ex~ o~ ~ G~ns ~____~e~_)) ................................................................................................................................ (4,~0~57) ........................ (523,32~)
11. Net Inveslment gain {l~m) (Lines g + 15) .......................................................................................................... 11,038,780 .................... 18,253,0~7
OTHER INCOME
12. Net gein (loss) from agef~' or premium balmlcas cllafged off (amou~ recovered $.....2.091.572
amo~'~t ~afged off $.....2,574,635) ..................................................................................................................................................... (483,067 ........................ (331,100)
13. Ftnanca and ~ica chmges nol included in premiums ......................................................................................................
14. Aggragate w~Re-ins for miscaganeous income ...... . .............................................. 25,g13 ........................... 33~700
15. 'r~ ether I,x<ae lunss 12tt~.gh 14)
................................... , ........................ {454J~4) ........................ (317,400)
16. mat income before dividends to po~"yholders and before federal and foreign income laxes ('Lines 8 +
17. Dividends to pol~e~. .....................
............... · .................................. 247~795 .........................
l& ~ income, ~.a'divldends to I~lcytmlder, b,* hefom ~der'a and foreign Inceme taxes (Line 16 mlnu~ Line 17) .......................................................... (15,562,854) ................... (5.337,641]
18. Federal and foreign income texe-, Incumed .................................................
............................ (10,894,54~. .................... (4,477~57
CAPITAL AND SURPLUS ACCOUNT
21. ~13fos as regards P(gicy~ders, December 31 print year (Page 4, Lfoe 33, Column 2) .................................................................................................... 84,820,101 ................... 82,516.141
GAINS AND (LOSSES) IN SURPLUS
22. Net bcane {from Line 20) ...................................... ~ .................................................................................................................................................... (10,694...~ .................... (4,477,287)
23. Net unre~zed capitalgalns ~-(Iosses). ................................................ · ........................... (202,25g ....................... 337.354
24. Change in net unrealized foreign e.x~nge cap~ gains (loss) ...................................................................................................................
25. C.l~ge in riel defen~d income tax. ............... ' ......................................
............................................................................... 1,461,510 ...................... 1,g68,~48
26. C. Jlangeinnonadmitledas~ts(Exhibi~l Uns5 C~umn3) ......................................................................... (118,331 ........................ (113,565)
27. Ch.nge in provbinn for mi'4ur-,nce (Page 3, Une 18, Column 2 miram Ce.~umn 1) .........................................................................................
28. C. ha.ge in .~l~las notes ..................................... ' .........................................................................
2g. ~fos (conlrlbuted to) wi~hdravm Imm protected ceos ................................................................................................................................
30. Cured#ire elfect of changes in a(=caunting prlncip{es. ........................................................................................... ' ........................................ ~ ......................................
31. C. ap~ change: ............................................................. 4,294.805
31.1 Paid in ............................................................................................
31.3 Transfen'ed to surplus .....................................
32. Sur~u~ adjustmenl~ ....................................... ' .......................................
32.1 Pakl in .......................................................................................................................................................................................................
32.2 Tracafen~d to capltal (~3c~ Dividend) .................................................... ' .............................................................................
32.3. Transfo.'ed from capita ................
33. Ne~ remitlancas from or (to) Home Offica .......................................
34. Dividends te s~ockholders .................................................................................................................................................................................. ' ...................................... ~ .....................................
35. Cheng. in treesur/steck (Pa§e 3, Line 34.1 and 34.2, Column 2 minus Colorfun 1) ....................................................................
36. Aggregate w~e..ins for gains and losses in surplus ....................................... ~ .......................................
........................................................................................................................ O .................................... 0
37. C~ange in su~us as regards ~ for I~e year (Lines 22 lhmugh 36) ................................................................................................................... (%641~688) ..................... .2,00g,gr~
38. Su~fos as regards policyhofo~z, December 31 cu~N year (Line 21 ;fos Line 37) (Page 3 Line 35) .................................................... 74,884,413 .................... 84,528,101
0501. DETAILS OF
LAD Pr~,.,~ - Expense ........................................................................................................................................................................................................... 936,046 ........................ 239,65~
0502. 2002 North Carolina Private Passenger A~to Escrow .................................
10~'-~3. - ............................................ 87,160 .......................................
0598. Surnmeq, of remeJning write.-ins fo; Lins 5 from overflow page ..............................................................................................................
/ 05gg. To~els (Lines 0501 II~ru 0503 p~os O§gS) (Line § above) .......................................................................................................... ' ................................... 0 .................................... 0
]1401. ~isceOer~eous ~ncorne ........................................... ' ...................... 1,023,206 ......................... 239,852
|~407. · .......................... 28,913 ........................... 33,700
1403 ............................................................................................................................................................................................................................
1498. SL~mmar,/of ~em~ini~§ w~e-ins for Line 14 from over, ow psge .................................................................................................................... ' ...................................... ; .......................................
.................................... 0 .................................... 0
1499 Totals (Lines 1401 thru 1403 ~us 1498) (Line 14 above) ..............................................................................
~801. · .......................... 28,913 ........................... 33.700
3602. ' .............................................................................
3503. ' ..........................................................................................................................................................................................................................
3~g8. Summar7 of rer~aini~g w.~te-ir~ ;o; Line 36 ~m ore,ow p;ge ........................................................................................................................................... 0 .................................... 0
3509 To~als (Lin~ 3~01 ~ru 3~03 p~us 3098) (LJns 36 above). .: .................................. ~ ....................................
................. 93o469,720
............... 13,360,416
.................. 39,236,108
....................... ~,23gr~2
Erie Insurance Company
CASH FLOW
CASH FROM OPERATIONS cu.e.ty.r
1. PreffdUnlS cellected net ol'reinsufance ....................................................................................... 156,656,674 ...................... 132,120,749
2. Lo~ and Ioes edj~ expenses paid (neld eslvage and solx~alion) ............................................................................................................... 108,070,020 ....................... 91,675,955
3. Unde~dtkg ex;crees paid .............................................................................................................. 48.568,077 ...................... 37,391,521
4. Other under, rig intone (expansefl .......................................................................................... (939,541 ............................ (214,20~
5. Cesh fTOm undened~g (Une I minus Une 2 minus Une 3 plus L~e 4). ................................................................. .(940,964 ......................... .2,839,066
6. NeH.veetment temme .........
7. Other income (e~eness): ................................................................................................................. 15,776,013 ....................... 16,843,296
7.1 Age~' bater~ chaged o~. ............................................................................................... (4~3,067) .......................... (351,10;
7,2 Net fu~ held ueder re~suranne paa~ ................................................................................ 167,549 ......................... 356,045
7.3 Net amount w#hheld or mla~ f(x account d olhers. ...... . ......................................... 172,565 ........................... 203,993
7.4 Aggregate write-ins for mbuslianeous item~. ........
........................................................ 28~635 ............................
7.5 Totololherbsxx~e(LJnesT.1 toTA) ................................. : ....................................................................................................................................... (114,314 ............................ 242,639
5. Dtvk~ to I~licy~ders oo direct busines& less $,....1,351,708 ~ on ~nsofame assumed o~ ceded (net) ..................................................... 182`056 ........................... 564,791
9. Federal and forelgh income taxes (paid) recovered. .................................................................. 841~797 ........................... (696~25;
10. Net cesh from opara~ns 0.~e 5 plus Une 6 ~us Une 7.5 minus Une 8 ~us Une 9) ............................................... 15,374,476 ....................... 17,663,963
CASH FRO~ INVESTMENTS
11.1 Boeds ......... . .......................................................................................................................... 66,944,634 ........................ 59,092,676
11.2 Stocks .... . .................................................................................................................................. 5,506,945 .......................... 6,718,944
11.3 Morlgage loans .................................................................
11.4 Real estato ...................................... ' ...............................................................................................................................................................................................
11.5 Other invested essefs ...............................................................................................................................................................................................................................
11.6 Net gaius or (lusess) m cash and shut,erin invents .... ' ....................
11.7 MIsnei~ i~ .......................................................... . .................................................................. . ............................... 4~792 ......................... ~,477
11.8 Totol ~t proceeds (Une~ 11.1 to 11.7) ........................................ . .......................... 72,466,671 ........................ 67,674,096
12. Ceet d h~ acquired (long.lmm or~):
12.1 9onds ...........
...................................................................................................................... [ .............. 82,167,691 ....................... 56,562,751
12.2 Sto~ ........
.................................................................................................................................... 17,659,958 .......................... 5,997,280
12.3 Mortgage Ioaes ...............................................................................................................................................................................................
12.4 Real estate ...................................................................................................................................... i ............................................... ' .......................... ' ...........................................
12.50thor invested a,~ete .........................
12.7 Total klvesallente acqu#ed (Unes 12.1 to 1Z6) ..................................................................................................... 69~827~649 ........................ 62r560,031
t3. Ne{ cesh from Ir~ (Une 11.8 n, atus Ltee 12.7) ................................................................... (27,370,978 ........................ .5,314,065
CASH FROM FINANCING AND MISCELLANEOUS SOURCES
14. Cash provided:
14.1 Su~lus notes, capital and SLqT~US pa~l in. ............................................................................................................................................................
14.2 Cal~ no~es $ .......... 0 Jees amounts rel~ $ .......... 0 .................
14.3 Net transte~ from affliatos. .... ' .....................................................................................................................................................
........................................................................................................... 197,528
14.4 Borrowed funds received .........................................................................
14.50thercesh provided ............................................................... ' ...................................................................................... . ....................... 10,606,088 ............................. 143~056
14.6 Total (Lines 14.1 to 14.5) ......................................................................................................................................................................................... 10,805,616 ............................. 143,05~
15, Cash appli~l:
15.1 Dividends to stockholders paid ........................................... . ....
18.2 Net transters to a[fdiates ...........................................................
15.3 Bon'owed funds repoid .................................................................... ' .................................................................................................................................................................... 5,088,562
15.4 Other applications .................................................................... ' .....................................................................................................................................................
............................... 11,213 ............................. 493~405
15.5 Total (i.~ 15.1 to 164)
............................................................................................................................................... 11,213 .......................... 6~581~967
16. Net cash from financing and misc~laneous sources (Line 14.6 minus Line 16.5 ..... - .............................. 10,794,403 ......................... (5~438,612)
RECONCILIATION OF CASH AND SHORT-TERM INVESTMENTS
17. Net change in cash and chort-~erm investments (Line 10 plus Line 13 plus Line 16) ......................................................................................................... (1,202,099
18. Cash and short-term i~vestments: ........................ 17,530,116
18.1 Beginning of year .................................................................................
[ 18.2 End of year ILine 17 plus Line 18.1 ........ . ....................... 10,629,592 .......................... 2,090,476
"' ' .................................................................................... 18,427,493 ........................ 19,629,592
DETAILS OF WRITE-INS
7.491 Mi~,,~!!-_~ous Inocme ...................................................................................................................................................... 28,913 ............................... 33,701
7.402 Equilies and Deposits in Pools and Associations ............................................................................................................................
7.403 ................................... (275 . ..........................................
7.498 Summary ol remaining write-ins for Line 7.4 from oven~ow page ............................................................................................................
~.499 Total (Lines 7.401 thru 7.403 plus 7,498} (Line 7.4 above) ....................................................................................................................... ' ....................................... 0 ........................................ 0
.............................. 28,638 ............................... 33,701
Erie Insurance Company
UNDERWRITING AND INVESTMENT EXHIBIT
PART 1 - PRi;N
1 2 $ 4
Ne~ De~ 31 De~ 31 Premiums
Premiums Pdm'Year- Cumer~ Year- Famed
Wtl~ p~' per. Cat. 3 Laat ~er Cai. 6 Dung Year
Une of B~nea~ Column 6~ Prat lB Year~ Prat 2 Prat lA (CoI~. 1 +2- 3)
I. Fh'e ............. . ........................................... 638,789 ............................ 216,254 .......................... 279,578 ............................. 575,465
2. .Nled lines.~ .......
. - ................................... 233,156 ............................... 78,981 ................................ 96,020 ........................... .214,117 I
3. Famm~era mddpb ~ ............................................................ , ............................... .28,851 ............................... 6,586 ............................... 10,441 ............................ .24,996
4. Homeownms muitlp/e ~ ............................................................................ .20,265,528 ......................... .8,391,071 ......................... 10,437.267 ..................... .23.246,333
5. Comm~ multiple pe~ ............................................................................... 17,998,372 ........................... 4,782,185 ........................ 6,766,370 ........................ 16,024,186
e. Mo~gage guara~/ ............................................................................
8. O~ean mmtne .... .:
............................................................................................ 0
9. Ir, land mmtne .................................................. 728,329 ~ .......................... 238,026 .......................... .267,893 ............................ 693,464
10. Financial gumanty.
11.1 Medicat mallxac6ce - ocam~nce ...................................................................................................................................................................................................... O
11.2 Medical matpmc6ce- daims-made ............................
............................................................................................................................................................................. 0
12. ~ke .................................................................................................................... 2..8,036 .................................... 331 ..................................... 412 .................................. 7,955
13. Group accide~ and health. ....................
............................................................................................................................................................................ 0
14. Credit accident and heatlh (group and rndividuat) .......................................................................................................................................................................................................... 0
15. Other ac~nt and hea~ ..... ...
............................................................................................................................................................................ 0
16. Workers' corn~ensa~on ..................................................................... 13,928,780 ........................... 3,813,128 ........................... 4,991.290 ......................... 12,751,618
17.1 Other ltabi~y - occu~Tence .................................................................... .2,517,793 .............................. 699,648 .............................. 845,064 .......................... .2,372,379
17.2 Other liability, cta~ ................................................................... 41,111 ................................ ~6,771 ................................ 14,381 ................................ 53,501
18.1 Products liability, occunenc~ .............................................................................. 91,931 ................................ 27,,545 ................................ 33,252 ............................... 86,225
18.2 Products liability- datms-made. ........................................................................................
................................................................................................................................ 0
19.1,19.2 Pdvate passenger autollabil'~ .................................................................................... 46,746,060 .................... :....16,162,001 ........................ 19,276,893 ......................... 46,631,168
19.3,11),4 Cemmen:lal auto liabi6L,/ .......................................................... 9,732,312 ........................... 2,871,735 ........................... 3,684,628 ........................... 8,919,420
21. Auto physical damage ............................................................................................... 40,286,173 ......................... 13,392.205 ........................ 16,370.524 ......................... 37,307,934
22. Aka~t(,,,peis) ................................................................................................................................................................................................................................... 0
23. F"~ality .............................................................................................. , .............................. 93,264 ............................... 14,686 ............................. 16,068 ................................ 31,883
24. Surety ......................................... . ................................ 213.598 .............................. 113,095 .............................. 117,214 .............................. 209,460
26. Bu~gfmy and bhelt. ................................................................................................................. 7,312 .................................... 603 .................................. 1,458 .................................. 6,458
27. Boiler and rnachlner/ .....
28. Credit.. . ..................................................................
.................................................................................................................................. 0
29. Intematlonat ...... . .................................................
................................................................................................................................ 0
30. R(dnsu~ance. nonpropo~onal assumed property ........................................................ 5,,641,549 .............................. 329,943 .............................. 500,589 ........................... 5,369,903
31. Reinsurance - nonpropor6onal assumed liab ity .................................................. 485,195 ................................ 15,818 ................................ 10,042 .............................. 490,971
32. Reinsurance. nonpmportional assumed financial lines ..............................................................................................................
33. Aggregate write-inc for other lines of business ................................
............................................ 0 ......................................... 0 ......................................... 0 ......................................... 0
34. TOTALS ................................................................................................................ 164,557,132 ......................... 51,177,617 ......................... 63,709,384 ....................... 162,025,365
DETAILS OF WRiTE.INS
3303. , ............................ 0
3396. Summary of remaining write-ins for Linc 33 from overflow page .......................................... 0 ......................................... 0 ......................................... 0 ......................................... 0
Erie Insurance Company
UNDERWRITING AND INVESTMENT EXHIBIT
PART lA. RECAPITULATION OF ALL PREMIUMS
(a) Gross premiums (Jess reimurame) and unearned ~T~ms on all unto 31md rls~s and reaer~ for
return pmmiun~ under rate credit ~ reb'~
I 2 3 4 5
Amou~ Unearned Amount Unearned ResMve ~
(Ruining Om Year (Ruining mom 0tan RMe Cmdl~ To(al Reserve
or Lms from OMe One Year from and Re~'~pec0ve f=r Unearned
(b) (b) ?'"' '--~': =' ~,, ~-~,~, oa ~r--;-.,~ C~. 1 +2+3"4
1. Fire ....................................................... 279,576; ............................... .2 .......................................................................................... ~79~f78
2. Allied Ines ............................................................................................... 96,020 ............................................................................................................................ 96,020
3. Fannowws muttlple pei .............................................................................. 10,441 ............................................................................................................................ 10,441
4. Haemownm mutlple ~ ............................................................. 10,437,208 ............................... 59 .................................................................................. 10,437,267
5. Carr~ mult~de pad ................................................................... $,743,311 ...................... 8,060 ...................................................................................... $,759,370
6. Bo~gage guamnly .......................................................................................................................................................................................................................
$. Ocean madm ............................................................................................................................................................................................................. 0
9. Inland medne. .................................................................................................. .267,807 ............................... 86 ............................................................................................ 207,893
10. Financ~l guaranty ........................................................................
............................................................................................................................................................................... 0
11.1 Medical malprac~ce - occurrence ................................................................................................................................................................................................................... : ............. 0
11.2 Medical malpr'~ - dakns-made .............................................
12. Eadhquake .................................................................................................. 412 ..................................................................................................................................... 412
13. Group accldert and heaah ............................................................................................................................................................................................................................................. 0
14, Credit esc~ent and heaah (group ancHn~ivklual) .................................................. . . . . ...........................
15. O~ accident and heallh. .......................................................................................................................................................................................................................... 0
16. Wo~' compen~ ................................................................................ .4,986,713 ........................ .4,577 ........................................................................................ .4,991,290
17.1 Ob~er liability - occurrence ................................................................................. 833,120 ....................... 11,935 ............................................................................................ 845,064
17.2 Other Ibbility - claims.made .................................................................................. 14,331 .............................. 51 ................................................................................................ 14,381
16.1 Producls llabaty- occunenes. ........................................................................... 33,252 .................................................................................................................................. 33,252
19.1,19.2 Private passenge' auto liaM~'y ........................................................... 19,276,893 ......... :'"'": ............................................................................................................ 19,276,893
19.3,19.4 Commercial auto liability ........................................... 3,684,828.............................................................................................................................. 3,684,626
21. Auto phys~ damage ................................................................................... 16,370,524 ........................................................................................................................... 16,370,524
22. Aircrat(aa pMs) ..............................................................................................
.............................................................................................................................................. 0
23. Rdellty ................................................................................................................ 14,511 . ......................... 1,256 ................................................................ : ........................... 16,068
24. Surety .............................................................................................................. g0,073 ....................... 27,140 ........................................................................................... 117,214
26. Bu~jlary and their ................................................................................................... 1,458 ...................................................................................................................................... 1,455
27. Boler and machinesy .................................................................................................................................................................................................................................................
28. Credit. .....
29. Intonational ....................................................................................................................................................................... .................. : .............. 0
30. Reinsurance- nonl~ assumed propedy ............................................... 500,,~8 .................................................................................................................................. 500,589
31. Reip, surance - nonprop~ assumed liabilR7 ................................................... 10,042 .................................................................................................................................... 10,042
32. Reinsurance - nonproportioM aesumed financial lines ...............................
.................................................................................................................................................................. 0
33. Aggregate write-ins for other lines of business ............................................................... 0 ................................. 0 ........................ 0, ................................. 0 ................................. 0
34. TOTALS ............................................................................................ 63,856,217 ......................... 53,157 ................................. 0 ................................. 0 ................. 63,709,384
35. Acc~ retre~pec~ pra'niums based on exba~ence .......................................... . ....................................................................................
36. Earned but unt~ premiums ..................................
37. Balance (sum of Lines 34 threugh 36)
.................................................................................................................................................................. 53,709,384
DErNL;,OF WPJTE4N$
3303. ' .............................................................................................................................................................................................
3398. Summary of remaining w~ita-ins for I.Jne 33 from oven~3w page .................................... 0 ................................. 0 ................................. 0 ............................. 0
3399.
TOTALS (Linea 3301 thru 3305 plus 3398) (Line 33 above)
......... J ................................. or ................................. o/ ................................ o/ ........ o/
(a} By gross premiums is ,,~ea,,i the aggregate of all the premiu131S written in the policies or renewats in force. Am they so returned in this statement? Yes [ X I No [ ].
{b) Sta~e here basis of computation used in each case: Monthly Pro-rata
7
~,,~-..~.,.~.=~,. 'Erie Insurance Company
UNDERWRITING AND INVESTMENT EXHIBIT
PART tB - PREMIUMS WRITTEN
Gro~ Fre~iums (Le~ Return PmmJ,_,~ ~, and Mem._~he~__. ~ Fees WrJlten and Renewed Dudn Year
1 S
Rdmum~ Relmumnm Ceded
2 3 4 $ I~ Pmmlm~
DJm~
Bu~m~ (Coll. 1 +2 +3
~B~ (a) F~ ;~ ~m~ To~~ To~ -4-~
1. ~ ............................................................................................................ ~,~ ................ ~,789 ......................................... ~,~ ....................................... ~,7~
2. M~ ~ ............................................................................................... 1~,~ .............. ~,1~ ............................................ 1~,~ ......................................... ~,1~
3. F~ ~ ~ .................................................................................................. ~,851 .......................................................................... ; ........................... ~,~1
4. ~ m~ ~ ..................................................................... 14,415,291 ~ ...........
5. ~ m~ ~ ....................................................................... 19,~,~ ........... 17,~,3~ ...................................... 18,~,~ ............. ~,1~ .......... 17,g~,3~
e, ~e g~. ............................................................................................................................................................................................................................................. 0
8. ~ ~ ................................................................................................................................................................................................................................................ 0
g. I~a~ ~ ........................................................................................ .418,883 ................ ~,3~ ........................................... .418,~ ............................................ 728~
10. F~ g~. ......................................................................
11.1 M~ ~ - ~ ........................................ . ..............
112 U~ ~p~ - ~e ............................................................................................................................................................................................................................... 0
1Z ~e .......................................... : ....................................................................................
~3. ~ ~em ~ ~ ......................................................................................................................................................................................................................................... 0
14. ~i ~e~ ~ ~ (g~p ~ i~) .................................................................................................................................................................................................... .0
15. ~~ .........................................................................................................................................................................................................................................
16. W~~ ............................................................... .......... .41,678,4~ ........... 13,~,7~ ..................... ~ .......... .41,679,~0........................................ 13,g~,7~
17.1 ~1~-~ ..................................................................... 1~17,~ .......... 2,517,~ ........................................ 1,917,~ .......................................... 2,517,~
172 ~l~bi~- d~a~ ........................................................................ ~,3~ ................. A1,111 .............................................. ~0,380 ............................................... .41,111
18.1 ~ ~'~ ..................................................................... .41~4 .............. .91,~1 .............................................. 41~4 .............................................. 91,931
18.2 ~ I~ - da~e ...................... ~. ...........................
lg.I, lg.2 P~ ~a~liabl~ ............................................................ 167,716,282 ........... 46,746,~...................................... 166,81g,516 ................ 8~,7~ .......... .~,746,~
lg.3, lg.4 ~ a~ ~a~ ......................................................................... ~,391,1~ ............ .g,~2,312 ............. 7,~,851........... 33,021,g24 ............... .g38,~7 ............. g,732,312
21. A~ d~e. .......................................................................... 137,~2,~ .......... .40,2~,1~................ 131,823 ......... 137,~,089 ....................................... .40,~,173
~. ~(~) ........................................................................
~, F~ ....................................................................................................... ~1~19 ................. ~ ........................................... ~1~19 ........................... I ................ 33,~
24. S~ ........................................................................................................ 3,~,5~ ................ 213,598 .......................................... 3,8~2,5~ .............................................. 213,~
~. B~ ~ ~ ......................................................................................... ~,033 .................... 7,312 ............................................. ~,~ ................................................. 7,312
"~' ~~ ............................................................................................................................................................................................................................................... o
~. I~ ...............................................................................................................................
~. Re~um~-no~ ~ p~ ................................... ~ ........................ 7,4~,9~ ~ ........................................... 1,~,~5 ........................................... 5,~1,~g
31. Rei~u~- ~p~ ~u~ liabi~ ..................................... ~ ............................ 485,1~ .......................................................................................................... .485,195
32. Rei~um~ - ~n~onal ~ flna~ lin~ .......................... ~ ............................................................................................................................................................... 0
33. Aggr~a~ w~le-J~ for o~er IJn~ of b~i~ ...................................................... 0 .......................... 0 ........................... 0, ........................... 0 ........................... 0 ........................... 0
~. TOTALS ................................................................................................ 415,162,467 ......... 1~,~,517 ............. 7 701,~ 4~ ~.413 ............. 2,~,975 ......... 1~,~7,132
DETNL8 OF WRITE.INS
3302.
3303 .......................................................................................................................................................................................................................................................................................
3398. Summary of re~laJnJng wrtte-ips for Line 33 from ore,ow page ............................ 0 ................... 0 0 ...................... 0 ........................... 0 ........................... 0
TOTALS (Lines 3301 thru 3303 plus 3308) (Une 33 above)....... J ........................... 01 ........................... 0J ........................... 0/ ........................... 0/ ........................... 01 ........................... 0
3399.
{a) Does the company's direct premiums wd[ten include premiums recorded on an installment basis? Yes { ] No [ X J
If yes: I. T~e amount ol such inslallment premiums $ .......... O,
r
2. Amounl al which such inslallment premiums would have been reported had they been recorded on an annualized basis $ .......... 0
! i ' ' i ' i i i '" i "': '" : : "' : ' i ." ' : i
0. i i i : i i I : i i :. i i : ..- : i i i i i i i i i i i i I i ~ :.., i : i i i
~ '" '" ~ '" -" ': ~ ........ '" '" ~ : '"" : : ': : ~ '" .......
i i i ': i i .: : .-' .-' i i i ~ i i i i i i i i .': i "." :' ~
· -' i i i i -: i i i i.i .-' i i i : ~ i i i :" i i i :
: : : · ~ : : : : : : ~ : ~ ~ : : i : .: i :' i .: :' : :' ! :' -: : i i i .: .: .:
~ i i" -" -" i -" i .... .: i i .-"~ i~. ] i i i i -" i : i i i~.. : i i
i i i~ : : ':
: : : : : ~ : :' i :' :' i i '.' i : i j : .: !
..' ~ ..- ....-. ~ : i i i i ! i .-" .-' : ..' i ~ ~ i .: i .." i i i
i
.: i i i :' i ." : i : i i i :' i : ..' i i :' i .: :' i :'
.:
i :' :' : : : : i i .: : : i i i i i : : i i i i i i : i i i :' !
: : : : i i i
.... ,...........,...,..:.........,,,
~.'i..'~§ i is! i~ ! i i i !~ i~ i~'~ i i ig~
"-'"" ":':'::
i -' : i i i ii "i.. .-' i !~. i i ii.-'
~o ..' ..' i i i i .-" i i i i i i i .: .~ .: i i i i i i i i i i i i i .: ..' .-'
~'S. i .: i i i .-" i .-" i ~- i i i ! : i i .-" i i i i i i
o o~ ~,~ : : i : : : : : : "~'t~ ! ~ i i.'~,
z
10
Erie Insurance Company
UNDERWRITING AND INVESTMENT EXHIBIT
PART -
2 3 4
1.1 D~ .............................................. 13,~1,~7 .......................................................................................... 13,~1,~
3. ~ ~ maim ~ ~ ............................................................................................... :~ ................................................................................................................................... 0
............................................................................................................... 0
28.A~un~ m~ivable ~a~ ~ ~u~ ~ident ~d ~alih pl~ p~r year
2g.~oun~ race,able mlali~ fo uni~u~ ncc~enl and ~a~ ~ans, cu~nl year .................................................................................................................................................................. 0
30.TOTAL EXPENSES PAID (Li~ 25 - 26 + 27 - 28 + 2~) ..................................................................... 12724~ ............. 48588 0~ 14~ 786
2401.DET,&JL$ OF WRITE.INS
2402. Conldbutions ............................................................................ 1 702 / 1~'
Summary of remaining write-ins for Line 24 from overflow page ............................................. i .................................. 0/. 0
J2498. ' ......................................... ' ..........................................................................................................................................................................................................
/24gg' ' ......................................................
Totals (Lines 2401thru 2403 plus 2498) (Li.e 24 above) .......................................... 101 468 I 253238
(a) Includes managemenl fees of $ .......... 0 to affiliates and $ .......... 0 Io non-affiliales.
11
A.d~J.,~..,,=,~. Erie Insurance Company
EXHIBIT OF NET INVESTMENT INCOME
I 2
1. U.$. gov~ b~ ..................................................................................................................................... , ...................... (a) .............................. 871,011 .................................. 457,142,
1.1 Boncb mmmlX flora U.S. t~ ..................................................................................................................................................... {a}. .......................... 2,145,351 ............................. 1,058,086:
12 Other Ix~d8 (urddllleted) ...................................................................................................................................................... (a) .......................... 11,175,60~ ............................ 11,338,079
1.3 B(md8 of ~';",.~,~.. .......................................................................................................................................................... ~ ........... (a) .......................................................................................
2.1 PndeJTed ethdcs (uoarlieted) ........................................................................................................................................................ (b) ............................ 1,828,652 ~ . ............................... 1,878,677
2.11 Prell~ etodm of MI~ .................................................................................................................................................... (b) ........................................ , ..............................................
2.2 ComrllOn etodm (mmflllatecl) ............................................................................................................................................................................... 61,014 ................................... 61,014
2.21 Commor, ~ of af~ ................................................................................................................................................................................................................................................
3. klodgageloa~ ................................................................................................................................................................... (c) .................................................................... ~.
4. Red eetete ................................................................................................................................................................................. (d) ..............................................................................................
5. Commct loam. ....................................................................................................................................................................................................................
6. Ca,h~hmt-tmm Inv, fmem ...................................................................................................................................................... (e) ........................... 2.57,226 ................................. 329,26~
7. DedvaUve Ir, mm~em ................................................................................................................................................................ (O ............................................................................................
8. Othor kr, meted assets .......................................................................................................................................................................
9. Nlgregae write-ins for investment irmme ......................................................................................................................................................................... 73,161 ..................................... 73~161
10. Tofal 9roa~ kweetment Income ......................................................................................................................................................................... 16~109~112 .............................. 16,095,728
11. Invesb,e~ expemes .................................................................................................................................................................................................................... !(il) .............................. 156,876
12. Investm~ laxes, llceness and fees. exdudieg federel Income taxes ............................................................................................................................................... (g) ...................................... 16
13. Interest expense ........................................................................................................................................................................................................................ (h) ............................................
14. De~ m real eetete and olher Invested assets. ............................................................................................................................................................... (i). .......................................... 0
16. Aggregate wflta-lns for deduc~ fTmn kweslmenl k~me ......................................................................................................................................................................................................... 0
16. Total dedusSons (Lines 11 through 15) ............................................................................................................................................................................................................................... 156,592
17. Net investme~ income (Line 10 rninus Lfoe 16) .............................................................................................................................................................................................................. 15,939,136
DETAILS OF WRJTE4N$
~98. Summa~ of remaining wdth-ins for Lfoe 9 fr;m overlfow page ............................................................................................................. 0 .............................................. 0
~999. Torah (Lines 0901 thru 0903 plus 0998) (Line 9 above) ..................................................................................................................................................... 73,161 ..................................... 73~161
'5,.99.. ?tal~. (L~..- I_~1 th. 1.5~. plus 15.9.8} (Line 18 above} ....................................................................................................................................................................................................... 0
(a) Inctu~. S.....318,210 accrual of discount less $.....135,706 amorl~ of premium and less $.....440,687 paid [or accrued interest on purchases.
(b) Includes $. ......... 0 accrual of disco~ less $. ......... 0 ~ of premium and less $.....36,235 paid for accrued dividends on purchases.
(c) Indedes $ .......... 0 accrual of dfscoont less $ ......... .0 amoeiza~on of prernium and less $..........0 i:,~:1 for accreed inta~sl on purchases.
(d) Includes $ ......... .0 for company~ occupancy oHts ovm Ixitdfogs; and exctudes $ ..........
(e) Includes $.....11,417 aocmd of diacount taes $....19,194 amo~tizalio~ of ixamklrn and less $.....55,933 i~al~ ~or accrued inlemet on pun:hesa&
(t) Indedes $. ........ 0 actual of discounHess $ ......... 0 ammtizaam of premium.
(g) fodudes $. ......... 0 Inva~ ex~ taxi $ ......... ,0 rnves~rm~ taxes, I~ and fees, exckldi~g fe~ Inc~ne taxes, a~lflbutabia to segregated aed Separete Accoonts.
(h) Includas $ .......... 0 intem~ o~ ~es netas and $ ......... .0 ir~areet on uspltal m3~es.
(I) Includes S .......... 0 dep~ on met esta~ and $ .......... 0 det~ on other invested aesels.
EXHIBll OF'CAPITAL GAINS (LOSSES)
1 2 3 4 5
Net Gain or (Loss)
fl'ore Ct~e in
Difference 6etweon
Realized Basis Book/
Gain (Loss) Other Increases Adjusted
on Sales Realized (Decreases) by Cam/ing and
or Maturity Adjuslments Adjusb'~ Admitted Values Tolal
1. U.S. gove,,.,,m,~ bonds ......................................................................................................................................................................... (763) ................................................................... (768)
1.1 Bonds exeml~ from U.S. tax ................................................................ 333,794 ................................................................. (1,069) .............................................................. 332,725
1.2 Othor Ix)nds (unaffliaiad) ................................................................................... 1,856,610 ................... (7,379,90~ ................... (1,417,576) ......................................................... (6,940,972
1.3 Bon~ of afNiates ......................................................................................
2.1 Prefen~ad stocks (unaffiliated) .................................................... 200,220 .............................................................. 381,728 .............................................................. 581,948
2,11 Prefen~ed st°cks of alfliates .................. 0
2.2 Common stocks (unaffiliated) .................................................................................. 89,025 .............................................................. (68,300] ................................................................ 20,725
2.21 Common slocks of alfiliates .............................................................................................................................................................. 675,0~6 .............................................................. 675,086
3. Uo~ageloans ........................................................................................................................................................................................................................................................... 0
4. Real estate ..........................................................................................................
5. Con.ct loans ................................................................................................................................................................................................. ~ ......................................................................... 0
6. Cash/short-term investmer~ts ............................................................................................................................................................ (18,750 .............................................................. (18,750
7. De~iva~e instruments .............................................................................................................................................................................................................................................................. 0
8. Other invested assets ...............................................................................
................................................................................................................................................................................ 0
9. Aggregate write-ins for capital gains (losses) .................................................................. 0 ................................... 0 ................................... 0 ................................... 0 ................................... 0
10, To~al capital ~ains tlo~sasI ................................................................................. 2,479,549 .................. ................... (7.379,g06~ ...................... (449,6441 ................................... 0 ................... 151350,0011
DETAILS OF WRITE-INS
~o3~"°2'~"°1' :::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::-"~ I'
0998. Summary of remaining write.ins for Line 9 from overflow page ....................................... 0 ................................... 0 .................................. 0 .............. 0 ........ 0
0999. Totals (Lines 0901 thru 0903 plus 0998)(Line 9 above) ............... I ................................... o I ................................... 01 o J .............. 0 / ....................... o I
12
~,~-,.~,,~-~ Erie Insurance Company
EXHIBIT 1 - ANALYSIS OF NONADMITrED ASSETS AND RELATED ITEMS
1 2
Cu~nt Year Pibr Year [;~ ;.,..,i.) r'- - - -
1. Sm~mmY dltem~ Page 2, Unes 10 to 17 and 'lg lo 23, ~ 2 .................................................................................... 398,g48 ................................ 280,565 ................................ (118,381)
2. 011~ Nofladmilled Assets:
2.1 BI~ rarely. Ne ................................................................................. ~ ............................................................................... 0
2~ Fumllure, ~lU~,T~,-~ mid eUl~llm~ ................................................................................................................................................................................................................... 0
23 L~ ;ml~ ........................................................................................................................................................... ~ .......................................................... 0
2.4 Loam on I~ sec~rlly, eno~ or ~oL .................................................................................................................................................................................................... 0
3. Tc~l(Lin~2.1 to2.4) .................................................................................................................................................. ~.....0 ....................................... 0 ..................................... 0
4. Aggregam wr~e4m ~ ot~r as~ls .......................................................................... 0 .......................................... 0 ........................................ 0
5. T~al (L~ 1 i~ LIn~ 3 and 4) ................................................................................................................ .~;~.946 ......................... 280,5~5 ......................... (116~1)
DETAILS OF WRITE.INS
0402 ........................................................................................................................................................
0498. Summary of remaining w~Nns for Line 4 from ovedlow page .............................................................................................. 0 ............................................ 0 ............................................ 0
049g' T°tals (Une~ 0401 Ibm 0403 I~lus 0498) (L~e 4 a~) .............................................................................................................. 0 ................................... 0 ....................................
13