Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
01-2199 FX
o / - cJ./ 9 f CIvIL . , COMMONWEALTH OF PENNSYL VANIA INSURANCE DEPARTMENT Harrisburg, PA April 1, 2001 Whereas, the ERIE INSURANCE COMPANY, located at Erie, P A, 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 weIl 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. f~.~d(~ " Insurance ComnusslOner ,..".,.-c,-'o'" ~,"/' I'-illll I';"_~"*, PROPERTY AND CASUALTY COMPANIES 0 ASSOCIATION EDITION I ~II~ 1I1~ 1I1111111111~1111111I1~ ~IIII~II ~11111III1111I1111I~ 111111I111111~mlll~1 ~1111~1111 ~ *000028283200020100100- ANNUAL STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2000 OF THE CONDITION AND AFFAIRS OF THE ERIE INSURANCE COMPANY NAIC Group Code 213 213 NAIC Company Code (CWTllIll Period) (Prior Period) Organized under the Laws of the State of Incorporated Seotemberll. 1972 Statutory Bome Office 100 Erie Insurance Place (s..et and Number) 100 Erie Insurance Place (Street and Number) 100 Erie Insurance Place (Slreet and Number) Primary Location of Books and Records 26263 Employer's m Number 25-1232960 ,using as the port of entry Commenced Business Erie. PA 16530 (City or Town, Stale and Zip Code) Erie. PA 16530 8140870-2000 (City or Town, Stale and Zip Code) (Area Code)(Telephone Number) Erie. PA 16530 (City orTown, State and Zip Code) 100 Erie Insurance Place Erie PA 16530 814-870-2000 (S1reet and Number) (City or Town, State and Zip Code) (Atea Code) (Telephone Number) Grel!orv John Gutting 814-870-2000 x2785 (Name) (Area Code) (Telephone Number) (Extension) l!fel!orv.l!Uttinl!@.erieinsurance,com 814-870-4040 (E-Mail Address) (Area Code) (Telephone Number) PENNSYLVANIA Main Administrative Office Mail Address Annual Statement Contact OFFICERS Chainnan of the Board: Senior Executive Vice President. Secretary 8< General Counsel: Executive Vice President: Frank William Hirt President" Chief Executive Officer: Executive Vice President" Chief Financial 0Ilicer: Senior Vice President, Treasurer & Chief Investment Oftieer: Jan Reid Van Gorder Jellrey Alan Ludrof SENIOR VICE PRESIDENTS Eugene Charles Connell Thomaa Brian Morgan# Berry Paul Stiles Mic,,",,1 Joseph Krahe Timothy Gerard NeCastro Michael Stephen Zavasky George Raymond Luco<e James Raymon Roehm REGIONAL VICE PRESIDENTS George David Dufala# Douglas Norman Fitzgerald Terry Lynn Hanunan VICE PRESIDENTS lames MichaeJ Carlucci John Patrick Dean Richard Scott Huber Charles Thomas Longua Donald Edward Moczulski Robert Lawrence Oliver Patrick William SafSlJ'On1 Carol Sue Weirich Ronnie Lee Chamberlain Ross Clark Fonticella Robert Thomas JucMo Timothy Gerard Maher Alice Ruth Moomy Charles Hartman Page, Jr. David Carmen Tulino Richard JOM Wisniewski Louis Felix Colaizzo Richard James Hinman John David Keys Terry Lee McConnell Robert Fredrick. Morgan, Jr. James Anthony Polito Michael Boniface Vehec Michael David Wolfe DIRECTORS OR TRUSTEES Samuel Patton Black, III Frank William Hirt Henry Nathan Nassau# John Ralph Borneman, Jr. Samuel Polen Katt# Joint Martin Petersen Patricia Garrison-Corbin# Claude Clifford Lilly, III# Jan Reid VanGorder State of County of PennSYlvania Erie I SS / Januarv I. 1973 Staphen Allen Milne Philip Alan Garcia Douglas Frank Ziegler David Brian Miller John Pierce Sommerwerck# Eric Douglas Root# Dennis Gale Conley Same> Gerald Horvat Raymond Edward Leeds Karen Jean McEnery Jerrold Vaughn Murphy Vincent DenniS Rapp Rosalie Ann Walacb Susan Hill Hagen# Stephen Allen Milne Robert Chatles Wilburn The officers of this company, being duly swam, each deposes and says that they are the above described officers of the said insurer, and that on the thirty.fmt day of December last, all of the herein described assets were the absolute property of the said insurer, free and clear from any liens OTclaims thereon, except as herein stated, and that this annual statement tpgetber with related exhibits, schedules and. explanations therein contained, annexed or referred to. are Ii full and we stmment of aU the assets and liabilities and of1he conditions and affairs of1be said insurer as of the thirty.first day of December last, and of its income and deduwons therefrom for the year ended on that date, and have been completed in accordance with the NAlC annual statement instructions and accounting practices and procedures manuals except to the cA1ent that: (I) stat? uJ\~. may differ; or, (2) that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their iufbnnalion, knowledge and beliet; respectively, S /.e-L~ ~ e- Jan Reid Van Gorder, Senior Executive Vice President, Secretary & General Counsel 1.JJf- a.X) Philip Alan Garcia, E1Cec:utive Vice President & CFO (al Is this an original filing? Yes (X) No ( ) Subscribed and sworn to before me this 22nd.tY?~Fe~.2001 I tt1ffL~"" 11 . [;;-"j NOTARY SEAL KATHLEEN A. EWING, NOTARY PUBLIC ERIE, ERIE COUNTY, PENNSYlVANIA MY COMMISSION EXPIRES JULY 12.2004 (b) Ifno: (i) state the amendment number (ii) date tiled (iii) number of pages attached In ,.........., ,~ Aoouai'SI<>tement lor the year 2000 of the Erie Insurance Company ASSETS Prior Year 5 Net Admitted Assets CurrenlYear i , , 2 3 I , Assets Ledger Non-ledger Nol Assets Assels Admitted 4 Net Admitled Assets tCols,1 +2 .3\ 1. Bonds (less $..........0 liability for asset transfers with put options, Schedule D, Part 1).. .............. ...........".. ......"'..................""" ...... 2, Slocks: 2,1 Preferred slocks (Schedule D, Part 2, Section 1),...,........, ................................... ............24,373,995 2,2 Common .took. (Schedule D, Pelt 2, Section 2).................................................. ..............8,353,'53 ,192,677.516 ...' ..........,400,992 ..,.......192,276,524 ...... ..,181.925.252 ..............3~54,086 ,................579,085 ............23,794,910 ...........,'9,690,790 ....,.......12,307,249 ...........,',,599,409 3, Mortgage loan. on real estate (Sch.dule B): 3.1 First liens.......".............................m......................................".............................. ............................0 .......;....................0 3.2 Other than first liens............................... 4. R.aI aslate (Schedule A): 4,1 Properties occupi.d by the company (less $..........0 encumbrances).........................................................................,............................ I 4,2 Other properties ~ess $..........0 .ncumbrances)...............................................,... 5, C..h ($.....(141,989) Schedul. E, Part 1) and short-tenn Inv..tm.nts ($.....2,232,465 SeIl.dule DA, Part 1)..,..........................................,..............................., ...........................n ...........................,0 ..............2,090,476 ..............2,090,476 ..............3,897,157 ............................0 6, Other invested assets (Schedule BA).............................................................................. ...............,.............., 7, Receiva~e for securities....,.........................,.. ........................ ......... ........ ......, ................. .................121 ,367 .................121,367 ..............,....3','59 ............................0 .........................,..0 ..........230,590,526 .........,217,'43,767 8, Aggregate write-ins for invested asse\s................................................,.......................... ............................0 ............................0 ............................0 9, Sublolals, cash and invested ass.ts (Unes 110 8)........................................................, ..........227,616,517 .............,3,954,086 .................980,077 1.0, Ag.nts' bal.nces or uncollect.d premiums (n.1 as to commissions and dividends): 10.1 Premiums and agents' balances in course of collection (after deducting ceded reinsurance balances p.ya~. of $.....2,692,952)...................... 10.2 Premiums, .g.nts' balances .nd Installments booked but d.fened .nd not yet due (aft.r deducting ced.d rein.urance bal.nces p.yabl. of $.....18,850,661) (Inctudlng $..........0 ..rned but unllllled premiums)............... , .................831,729 ............................... .................157,739 ................,673,990 ..................(54,845) ............................... ..............5,822,'04 .................783,655 I ............................0 ..............5,822,'04 1.0.3 Accrued retrospective premiums (aft.r d.ductlng ceded rein.urance b.l.nces payabl. of $..........0)................................................... ............................ ............................... ", Funds held by or deposited wllh reinsured companies.................................................... .................589,438 12, Bills receiVabI..takenlorpremiums................................................................................ ............................... 13. Reinsurance recoverables on loss and loss adjusbnent expense paym.nts (SeIledule F, Part 3, Col., 2 and 3).....................................................,........... ........................522 14, Federal income tax recovera~e .nd inte...llI1ereon...................................................., .................158,680 14A. Guaranty funds receivable or on deposft......................................................................... ............................... 15, Bectronic data processing equipment..................,.......................................................... ...".........",.....,.....", 16. Interest, divid.nd. and real estate incom. due and accrued.......................................... ..........................,.... 17. Receivable from parent. subsidiaries and affiliates......................................................... .................689,438 .................857,'92 ............................0 ..............,................ ...........,............,..':.. .........................22 ...................32,..2 ..........,......158,680 ............................0 ........,......,............... ............................... _.......................,..0 I ' ..............3,009,'8' ............................... ...:.0......,3,009;181 ......................,....,0 .....................5,175 ...".......................0 18, Equities .nd deposits in pools end associalion.............................................................. .....................5,175 19. Amounts receivable relating to uninsured accldent and health plans.............................. ..".....,..................... 20, Other assets nonadmilled (Exhib~ 1)............,......................,.......................................... .."....................,'...., ............................... ............................... ............................0 "' , 21, Aggregate write.n. for oll1er than invested assats..........................................,............... ..,......,.........52,268 .............,...........:..0 .....................9261 .....;,:...........43'007 22, TOTALS (Lines 9 through 21 )...............,...................,...................................................... ..,.......235,'76,433 ..............6,963,267 ..............1,'47,077 ...::.'::,240:992,623 OETAILS OF WRITE.INS 0801, .............................,......................................".........................................................,......,.. ............................... 0802....................................................................................................................................................................,.... 0803........................................................................................................................................................................, ..,,:.:....................0 ...............................- .';.:;:",.....:.............0 .................561,512 ..............2,839,'93 ,..,..................,'76 "./.'..""..................... ...................46.687 ..........222,214.889 0898. Summary of remaining write-ins forUM 8 from overtlow page..................,.................... ......,.....................0 ............................0 ...................:"...,J' ......................,.....0 ............................0 ..,...................,.:..~ 2101. Oth.r Accounts Receiv.~.................. ............", ........, ................' ................ ........... ......., ..., ........, .....,43.007 :.,..,.",,;;;;....:..:....0 ............................... ,;..:.",;:",,,,,....:....;.0 ..........................,,0 ";,,:.:,;....,,...::::.....0 ............................0 ;i;,.;J~4':\...43;007 .,,,.....,.........46,687 2 - ,....-.......... .......................,..,,0 ...................46,887 - - ,"'''''_",'''',..,''''"".. Erie Insurance Company LIABILITIES, SURPLUS AND OTHER FUNDS ! Current Year 2 Prior Year Losses {Part 3A, Line 32, Column 5).......... .. ....82,931,335 .. ,.... .........77,185,894 1 1A 2, 3, 4, 5, 6, 7. 8, , 9, 10, Reinsurance payable on paid loss and loss adjustment expenses (Schedule F, Part 1, Column 2)...... ...... ... ......... .....,..... ................" ....,......... Loss adjustment expenses (P.rt 3A, Line 32, Column 6i,......... .. ,......., ............... ,............., ....'....'... .. ....,..,.. ,............... ..,........ ....... .. ..,13,123,303 ".."'......... .,.12,026,323 Contingent commissions and other similar charges........"............. .. .................... ...., ........,...".. .................. .."...".."........,.......,....,.......... ...."..... ...,.........25,000 ................. ,.........60,000 Other expenses lexcluding taxes, licenses and fees)..........."'.......... ....................... ...,...............".......................,...................."................... ............. ,.............17,745 ...".... ....,,,.............9,115 Taxes, Ucenses and fees (excluding fed.ral.nd fore~n income taxes)..................,...........................,......,..,......,......,..............,.........."......,., ,.....,......,....,.,..1,080,527 ................,.....,1,199,265 Federal and foreign income taxes (excluding deferred taxes)"......."..........".."...",....,..........""...."".."...."....,,,......"".."h.".....".""..."...,..." ,h"..."..".....".."....",,'"'''' ..",,,.,,..,,..,,....,,,,......,,,,,,,, BorrOWed money.."..."..." ............... "......,.. ,...."" ..."...... ........"."".. "...... .."".. ""'" ....,...."....." """.. ...."... """."....".."...."........"...""..."..,...." .."....... .."..... ...."......, ""..' ...".....".."....... .."........ .".. Intares~ including $"..",.".0 on borrowed money,.."",.,....",.".,.", ".'"".."", ".."".,.,:"..,.."",....."",..."..,,,..,..,,,......,.............,'.....,..,.....,..,'.....,.... ...",.....,......,...",....',.,."..."", ",...,..,..,...".,.,...",."""""". Uneamed premiums (Part 2A,line 34, Column 5) (afterdeducUng ceded reinsurance uneamed pr.miums of $.....140,480,083)...........",., "................,..44,384,517 ."..",...........,.41.167,909 Dividends declared and unpaid: ..SloCkholders......................................."...".."...,........."..."...".........,.,............,....".........."......,...,.,,,.....,.,,,.....,..,,,,,............".........,.........."......................."."....".."..............""................,..."........... b, PoUcyholders.." ,.............."...............,.................,.................. ..,.........." ...,.............,......... ,............... .......... ,.".... .....,.............."...................", .....,,,,,...,.....,,...,,667,320 .......",........,....".325,969 11. Funds held by company under reins"",nce tre.ties (Schedula F, Part 3, Column 14),."...."....,...,......"........"........,....".........,........,....."...... ......"......""............",........ .."........."........"..."....".... 12, Amounts withheld or ret.ined by company for account of olhers,."........,...."",:...,,,,,....,,......,,,,,.....,,,......,,,..,.,,""'......",........",.......",........",, ..........,...."....".., 102.787 ............,.""......,....,80,140 13. Remittances and items not allocated.."...."....."."."...... ""..'''''''".'' ......,.. ..".......".. ..""... ".."...."...". .."....".."......".......' .."..". "..."....""......., "".......""'..........."""'.,,.,, ......""...... .."....,...". ""'"'' 14, Provision for reins\llal1ce (Schedule F, Part 7), ........" ..."...........,......"......", ........,.................. ......, ,......""....., .'. ......."........"........" ,......." ,....... "....,..........,........".."........ ..."..."...."................."..,.. 15. Excess of statutory reserves over stalemenl reserves (5<:hedule P Inlerrogatortes)..,.,............"..........".........,..."..",......."........................." "..,,,......,...,,,.,,...188,000 ......"",...........,2,630,000 16. N.I adjustments in ass.ts and Uabnities due to foreign exch.ng. rales...".."....."......",....,..."......,.".....""......,......,..........,.........,....."........." "",..........."............."....... .........,.".........."'...........,,, 17, Oralts Clllstanding..............",."......,.,............."....,."..."..".................. .............",.....................,........." .............."........""..................,,............., .........,. .........."....,......".... ..,.,.........."............,........... 18. P.yable to ""renl, subsidl.rtes and afliliates..........",,,...,,,,,................,,............................................... .........,.............."..,,,.................................. ......................14,663,161 ......................12,571.322 19. Payable for securities....................."....................,......................,.............................., ........................... .................,.................................,..............,. ........, ........................3,414 ....,........,.........................., 20, LI.bnity for amounts held under unIns\lled accident and health pI.ns,.........................................,...............................,........................................,.. ............................................ .........................'................ 21, Capital notes $...........0 and interesl thereon $...... ....0............ ,................................, ................,.,..............., ............"...,..........................., ,....... "..,......,..........,................. .....,.......,... .....................,.., 22, Ag9regat. write-ins for li.bWriles.,................. ..,........."..............,........ ................,......,... ....... ..,....., ,............................ ..............,...........,......,......... ..................., ......,109 368 ........................., ............0 23, T otalllabilities (Lines 1 through 22).........,.......................,.................,........,........,....... ........................................... ........................................,...... ..".........".....158,416.417 ....,..............147 235 931 24. Aggregata writa-ins for specl., surplus funds",........"......,. "...."..................................'.......................................................................................,........ ........... ..........., ....,............0 ...........................,,,........0 25A, Common capital stock........................,....,.........................................."..........................................................................................................."............. ......,.,.......,......2,350,000 ........................2,350,000 258. Prefened capital stock.........".. ................,.........................................................,......................,...................................................................,.,....... .............................................. .................................,......... 25C. Aggregale write-ins for other th.n specl., surplus funds...,.........,.......................,.....,........................................................... ................................. ..........................................0 .........................................0 26A, Surplus notes,...................................................................................................,...............,.................,.........,................................................................... ............................,........... .."................ ,................... 268. Gloss paid In and contributed surplus...,.............................................................................,........,....................,................ .......................................... ............... ......31 ,482,000 .....................31,482,000 26C, Unassigned funds (surplus)...............................,..................................................., ..,.......................................,.,................................................... ....................,.48,884,146 ......................41,146,952 260. Lass treasury stock, at eost (I) "..........0.000 shares common (value included In line 25A $....,......0)......................................,............,........,.........."......................................, .....................................,.., ........".............................. (2) ...,......0,000 shares prefenod (value included In Lin. 258 $..,........0).............................,............................................................................' ...........,..............,............, ........................................ 27, Surplus as regards poIicyhoklers (Lines 24 to 26C, less 260) (Page 4, LIn. 32).........,..................,...........................................,....................... .....................82516146 .....................14978952 28. TOTALS (Page 2, Lin. 22, Col. 4)""........................,...,.....,.................""...,,,,.......,...,,.."...,...'..........................",....."......".........",.........................,....',." ............,....,.240,992.623 .....,.......,.."..222,214,869 DETAILS OF WRITE.INS 2201. Premiums R.ceived 8afore R.newal......................,...........................,....,..."...,.........................."...,.......,....................,...................".................... ..,........................109,368 ".........................,..,..,....,.. 2202.............,.....".........,.,......."..,....."....,...............................,.................,........,..........,.......,.........................'.......,.,................,...........................,.,.......,...................,.......,.."........,................,,,................... 2203. ........................,..........,.................................................,.....................,.................,.....,..........."..,..,....,............."...................,....................,........ ...........................,....,......... ......."........;..,..,................,.".. 2298, Summa/}' of remaining wrile.ins for Lin. 22 from ov.tlIow pag......"........,.................................................".........,....,,.,..............,.........."........ .............,...."........,........,0 2299, 2401. ...........,................,.....,.............,.........,....,.................................................,.........................."...........,.........,..".....,...,.,.........,................."....,..,..... ........................,................ ......................."............,.... 2402..........................................,..................................................."........"..,.......................,.............."............,......................"..................................."...........................................,..............................,.......,.. 2403.....,..........,........................,......................."..............,....,...........'.........................,........,..........'...........,.,....,.............."........'........,..........................,..................................,...............................,.......................,.......' 2498, Summary of remaining write-ins for Line 24 from ovetllow page...................,..............,........,........,.....,...........,...........,......,............................" ........,............................,0 ..".........................".......0 2499, TolaIs, Lines 2401 thru 2403 us 2498 Lin.24 above ......................................................,................,............................,.",.......,.........,.......... .......,...,..".......,.............0 ...................",.,..,.........,.0 \::::~~~::'~'~.::::'.,.::',,::',:::::::::::::~::~::::::::::::::::::::::~::::::::::::::::::::::::~::::::::::::::::::::::::::::::::::::::::::::::::.::.:::::::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::, 25C03......,...,.................,...,............,.,...,.,.................,................,................................,..........,.,........,...................,....,........,...................................................,..............................,.............,................................ 25C9a. Summ.ry of rem.lning write-ins for lin. 25C from ov.tlIow pag.,....",........."...............",......,..,........................,.,.................,............,'......'..,.. .,....,..,....."...........".,....,0 ........,...................",..,..,,0 ~5C99, Totals Lines 25COl thru 25C03 Ius 25C98 ino 25C above ..,.,.....,......'............................,..,...............,......,............................,...,..........,.. ..,....................,............,0 .........,........, ..,...,...,......0 3 , ---- ;"'nual StatementfortneyearlOOO of the Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT STATEMENT OF INCOME UNDERWRITING INCOME Current Year Prior Year ...107,059,638 \ 1 2, i 3, 4, 5 6, 7 6. 9. 9A. 10, 11, 12, 13, 14, 14A. 148. 15. 16, 17, 18, 19. 20, 2l. 22, 23. 23A. 24, Premiums earned (Part 2, Une 32, Column 4\"" Deductions Losses incurred (Part 3, Line 32, Column 71...., "..,..,'........'"'..,.."....."'.....,,....."..,..,,,.......,....,.....,'......... ..................,.., ,.........,.......,.......,...... ..,....,....,.......79,76),042 ,...................70,609.912 Loss expenses incurred (Part 4, Line 22, Column 1 ).."......,........:,............."".....,..,..."..,.."......,...........,............."........,..,..'........,..............."... ........,..........,10,946,563 .............,........9,278,730 Other undelWriting expenses incurred (Part 4, Line 22, Column 2},....."..,....,......,.............,......"....,..,..;,....,......,......."........,....'....................." ....".............,31,991,804 ..........,.........29,m.387 Aggregate write-ins for underwriting deductions" .......... ........, ......., ......,.. ....", ......" ......, ............", ...."..... ........... ......,.., .......... ............ ....,.. ........ ...,...., ......................,....0 ..........., ....................... ,0 Total underwriting d.duclions (Lines 2 through 5),........,........................................,......."....,........,...........,.........,....................................,......., ..................122,705409 ................,,109,666,029 Net underwriting gain orltoss) (Lin.! minus Lin. 6)................................,.....,.......".......................................................,.........................,....... .....................(9,517,980) .....................12,606,391) INVESTMENT INCOME' N.t inv.stm.nt incom. .am.d (Part 1, Lin. 14).......,.............................."......,............."......,.................................................................,..,...... .....,.............,15,748,823 .............".....14.424,255 Net"';~ed capital gains or (Ioss.s) (Part lA, Line 10)....................,.....................,......,......,........................................................................... ................,.......,480400 .................,......,253,142 N.I investm.nt gain or (ioss) (Lines 8 + 9).......,........,........................................"......................................,...............,...................................... ,...................16,229,223 ...................,14,677,397 OTHER INCOME ......,113,187,429 Net gain or (loss) from agents' or premium balances charged off (amount recovered $"...1,038,031 amount charged off $.....1 ,289, 752)... ..... .......... ........................... ....... ....... ........, ....." .................... ...................... ............, .............. ...... ........".. .. ......................(251,721) .................. ......(215,253) Finance and service charges not included in premiums.......,............. ,,"'... ....... ".......:............ ,...... "....."....."............,.........".....,...".." ."...."m ....."..........".. ..".............. ........",......."..... ..91,151 Aggregate write-Ins for miscellall.ous income...".......",...............",....."....,.,......,......".....",......,'........,...........,...."........................................', .......,......,............44 981 ..."......,...,..;"".. ",.4.815 Total other Income (Lines 10 through 12)........... ................................................,..................... ......................................................................... ........................(206,740' ........................11 I 9,287' N.t income before dividend. \0 poIicyholde.. and before f.de!ill and foreign income taxes (Lines 7 + 9A + 13)............................................. ......................6,504,503 ....................11,951,719 Dividendo to poIicy_ (Exhibit 2, Lin. 16, Column I plus Page 3, Line lOb, Column I minus Column 2)................................................, .........................850,754 ......................,..581.784 Net income. an.r divid.ndo to poIicyholde.. but before federal and foreign incom. taxes (Lin.14 minus Lin.14A)........,............................. ......................5,653,749 ....................11,369,935 F.d.ral and foreign incom. tax.s incurred.........................................,......,..............................................,.................................,......,......,........ .....................,1443212 ......................3193,112 N.t incom. (Lin.148 minus Lin.15) lto Lin.I8)......,..............."......,........................................,...........................,..........................,............., ......................4.210,537 ..".............,....8,176,823 CAPITAL AND SURPLUS ACCOUNT Surplus as regatd. policyhald..., December 31 prioryear (pag. 4, Line 32, Column 2)......,....................................................................... ....................74.978.953 ....................68,046.484 GAINS ANO (LOSSES) IN SURPLUS Net income <from Line 16)................................................................................................,....".........................................................".......... .............".......4,210,537 ......................8,176,823 Net unrealized capital gains or (losses) (Part lA, Line II).........................,.........................................................".........................................., ..,...................1.484,61 I ....................,{1 ,041 ,Q49) Chang. In nonadmilled _ (exhibit 1, LIn. 6, Column 3)........"...................................................................."......................".....,............, ........"........................45 ..........................\51,305) Chang. In provi.ionforrelnsurance (pag. 3, Lin.14, Column 2 minus Column 1).........................,............................................"..."............, ........................".".....,.... ....................................... Chang. In foreign exchang..djuslm.nL......................".".................."...........""........................,........" ........................................."...............".................................... ....................................., Chang. In excess of statutory res.rves av.r stat.ment reserv.. (pag. 3, Line 15, Column 2 minus Column 1)............................................, .....................,1 ,842,000 .......................1152,000) Cha"98 in surplus notes.........,."......... .."....,......, ........".....,......,....."...........'"..."....."..... "...., ...,......",....."......,....' .....,. ...."..... ".....,.....,.....",... ....""..."".......,.......",..,... ..,.. ..",..........,.....",..."..... Capital changes: a. Paid in (exhibit 2, Lin. 6, Column 1).....,............................................................................"...................................................................... ....................................... ........,.............................' b, Transf.rred from surplus (Stocl< DW~.nd)..,......................................................".".....,...............,.................................................."............ .."............".........."........ ....................................... c.Transferredtosurplus..",...,....."....,................",..........,.....,....,.....,...........,......"...............',......,..,......"...",..........,......,.,....".....,......',......',..,................".......,...........,.."...............".....,....,...",. 25, Surplus adjustments: a, Paid in (exhibit 2, Line 7, Column 1).................................,.........................................................................,................................................ ................................... ."......,....................,....... b, Transferred \0 capital (StocI< DW~.nd)",........".....,..,..,',.".....,'" ,..,..,...,...,......,.,.......",.....,.........,,,......,.............,'........................................ .........,........,..........",....... ...........................,.......... c, Trensferred from capilaI............................_................,.....................~..........,.........................................'.........."..................'................. .............................."....... ........................,............. 26, Net remittances from or (to) Home Office (Ex~iblt 2, Line 4b minus Line 12b, Column 1).................................................."............................. ................"..................,.. ....................................... 27. Dividends to stock_ (cas~)..................................,..............................................................,............................"..................................... ....................................... ....................................... 28. Chang. in treasury .lock (Pag. 3, LIn.260 (I) and (2), Column 2 mInu' Column I}.................................................................................... ....................................... ...................................... 29, extraordinary amounts of taxes for prior yea...................... ............................................................. ..................., ............ ......, ............. ............. ............... .............."....... ........ ................ ............... 30, Ag9regate write4ns for gains and losses in .urplus"...........,...................................................."...........,........................,'................................ ....................................0 ..................."..............0 31. Chang. in surplus as regard. poflcyhald... forth. y.ar(Llnes 18lhrough 30)................................."........................................................... ....................7537193 ......................6.932,469 32. Surplus as regards poflcy~oId.... December 31 currenf year (Lln.17 plu. Lin. 31) (Pag. 3, Lin. 27)............................"............................, ...................82,516,146 ...................74.978,953 DETAILS OF WRITE.INS 0501. .........""...........".................... .",..........,.......,.....,...............,.....,.....,...........,....,...,....."...."......,...",.........",....",....,..............."...."...",...."...,,,... ...."...,.........,.........,.....,... ......."..."......................", 0502, .....",...... ............................."..........."................"........."........"............."........................................".....".......""...."........",".................",....... ",.....,.....,.....',.....,.........., ."....,.."........,,'................ 0503. ,......,.."",."....."................".......,...",..,.."....,....".....,.................,....,.....".....,......,..,.."......,....,..,....,.,...,.....,....,......"...."...,...,.,...,.',..,.....".......... ....",..",.....,..."......,......... ..."..............,,,........"....... 0598, Summary of remaining write-ins for Line 5 from overflow pag................................................................................................................ .......... "..."...."....."...............,0 ....................................0 0599, Total. (Lines 0501 Ihru 0503 oIus 05981 (Line 5 aOO'.I................................................,........................................................,.......................... ,...................................0 ....................................0 1201. Miscellaneous Income........................................................................................................................................................................................ .............,.............44,981 .........................,..,4,815 1202, ...",..."...""...."....,.....,....,..,.".,....',...,"...,.,........"...........,....""...."...,....."..",..."".........,.,.,.....,.,..."...",...."..,.."..,,....".........,......,...."...,.".,..,,,. ,.,..".....,.,.........,.......,...... ..",....".,.,.,...,.."........,..... 1203, ."...."....,....."..."...........""...,..........,,.....,......,.,.",....,..........."........,.,...""...",....,.....,..".....,.....,.....,........,.,.,...,.....,.....,.........,.,......".......,..,...,.... ",........."....",......,......"... .......,.....,.....,..,....,........... 1298. Summary of remaining write-ins for Une 12 from overftow pag.............................................................................................,........................., .......,............................0 ....................................0 1299, T olal. ILines 1201 thru 1203 olus 12981 iLin. 12 aOOv.I...........................................................................,...........................................,.......... ......,....................44 981 .................,...........4,815 3001 .".. ..... ..". ......""....... ........"....., ........,,,........,, ,......"....... "".."....".. ",.....",....",.....,.........,., ..... ...... ,...."......... ...""....., ...'" ...."........ .." ....,...........,............".,. ........... ...." .....,,'........... 3002, ..........................".........."..........".""............"............................"....."........,.................,"'................,.".....,................"......"........,,,..........."..... ....'".....,...."..",..,.....,...... ......,................"........."", 3003, ...........................................................'................."...................................,......................,".............."................."........"............."..""............. ..."'..,,,....,..,.,..............,... .......".........,............"...... 3098, Summary of remaining write-.ins for Line 30 from overflow pag........................................................................................................................ ....................................0 ...................................,0 309S. T olals {Lines 3001 !hru 3003 Diu. 309811Lin. 30 abav.i.................................................,............,..,....,........,.................................................. ........................,...........0 ..........................,.........0 4 - - A",".'S;""""tro'''''M2000'''"' Erie Insurance Company CASH, FLPW CASH FROM OPERATIONS Current Year I I 2 Prior Year 1. Premiums cotiected net of reinsurance ........... .............................. .......... ......... ........... ......... .......................... .............. ....... ..... ...110,636,198 .. ...... ............104,352,118 2. Loss and loss adjustment expenses paid (net of salvage and subrogation).... ..................... ..,.... ...... .m...... ................. .................... ........... ............83,819,154 ........... ............76,505,869 3, Und.lWTiling .xp.nses paid........ ..,....,.. ......." ......" .....", ......."...." ........' '.." ,... '., ",....'" .....", ,..." .. ,...." ,.....", ,.......', ,......" ..,.....,. ......., ....... ......,.., ........." ,..32.156,913 ......" ..............' ,30.032.306 4. Other underwriting income (expenses)....... ",. ,........ ......... ..,.... .....". ....... "..,.." ....... ........ ........ ..... . ..."...... ........ .......... ........... ........ ........ .., ........... ,,, ..........., ................. ........." ..............". ............... 5, Cash from und.rwritin9 (Lin.1 minus Lin. 2 minus Lin. 3 pius Lin. 4)................................................................................................... .........................(5,339,269) ..............:.........,(2.186.057) 6, Net Investment income........,.... ........"" ........" ........" ,....... ....'" ....... ....... ........",....", ....,.. ......, ........, .......... ........", ......... ....... .......... ............ .............' '........ ,15.485,634 ,............. .........,14 .139,837 7. Other income (expenses): 7,1 A9.nts' bai.nces ch.rg.d off.... ........... ......... ......... .......... ..... .......", ............................,.. .................. ,............................................... ....., ..........., .........,(251.721) ..".., .........., .........,(215.253) 7,2 N.t funds h.ld und.r reinsurance treati.s.........................................., ......, ....... ................. ......... ......." ......... ........., ........... ............. ......... ....................167, 754 ....... .............. ........;...7,935 7,3 N.t .mount withh.ld or retained for account of olh........,......................,......,........................,..........................,............................ ..,............................22.647 ...,............,.............,31.423 7,4 Aggregat. WTiI.-ins lor mlscellan.ous Items...................... ........ ,...........:........, ....... ................ ............................................... ........, ..... .............. ............44 981 ........... ....................96126 7.5 Total other Incom. (Lines 7.1 to 7.4)",..,.,...,................".,......".....",......"..",..,..","........,'....,.............,....".....'.......,....................", .........."..........,......~16,339) ....,........,.,.........,....(79,769) 6, Divid.nds to policyhoidOlS on direct busin.ss, I... $....,4,016,257 divid.nds on reinsurance assum.d orc.ded (n.t).........................., .............................509,403 .............................576,429 9, Fed.ral.nd foreign incom. taxes (p.id) recovered..............,..............................................,........,...........................................,............... .........................11.040360 .........................12293506' 10, Net cash from op.ratiOns (Line 5 plus Lin. 6 plus Lin. 7,5 minus Lin. 8 plus Lin. 9).............................................................................. ..........................8,560,243 ..........................9,004,076 CASH FROM INVESTMENTS 11, Prooeeds from investments sold, matured or repaid: 11, I Bonds.....................,........................................................................................................................................................................, ........................33,138,163 ........................25,920,514 11.2 Stocks........................................................................................................................................................................................................................1,962.267 ..........................9,995,916 11.3 Mortgage loans........................................................................................................................................................................................................................... ........................,.................. 11.4 Reat estat........................................................................................................................................................................................ ........................................... .........................................., 11,5 Other inv.sted assets.........................."...........,...........,................................,.......,...,..."....,.................,.........,....".......,.........,....... ."..",..,....,..,....................... .,.,..................,.................... 11.6 N.l 9.ins or ~osses) on cash and short-te.. inveslm.nts.............................................................................................................. ........................................... ...,.........,............................. 11.7 Miscellaneous proceeds............... ................................................................................................................................................... .................................3 414 ... .................., .........24 747 11,8 Total irweslm.nl proceeds (Unes 11,1 to 11,7)............................................................................................................................... ........................35.103,844 ........,.......,.......35,941, m 12, Cost at inveslments acquired (Iong-te.. only): 12,1 Sands............................................................................................................................................................................................... ........................42,891.753 .......................,36,702,255 12.2 Stocks..................................................................................... ..................................................................................................................................,5,293.695..........,..............,8.773.200 12,3 Mortgag.loans................................................................................................................................................................................ ........................................... ........................................... 12,4 R..I estat.....................................................,............................................................................................................................................................................. ........................................... 12.5 Other invested assets......................................................... .................................................................... ............................................ ....................................... ........................................... la Miscellaneous apptlcations.............................................................................................................................................................. ........................................... ........................................... 12,7 Total irweslrnents acquired (Lines 12.1 to 12.6).............................................................................................................................. .....................,..48185448 ........................45475455 13, N.t cash from investm.nts (Un. 11.8 minus Line 12,7)............................................................................................................................ .......................(13,081.604) .........................(9,534,278) CASH FROM FINANCING AND MISCELLANEOUS SOURCES 14. Cash provided: 1~,1 Sulpius notes, capltal and sulpius paid in....................................................................................................................................... .........................................., ........................................... 14.2 Capital notes ($.........,0) less .mounts repaid ($..........0)................................................................................................................ .........................................., ........................................... 14,3 Nellnlnsfe..from .ffiliates.......... .................................................................................................................................................... ..........................2,091,839 .......,..................4,191,752 14.4 Bonowed funds received.....................................................................,.......................,............................................,...................... ..........,................................ ...............,........................... 14.5 Other cash provided............................. ................................................................ ................ ................", ............,.. .......................... ............... .............. 713.048 .............,..... ........................ 1~.6 Total (Lines 14.1 to 14,5)......................,.......................................................................,.................................................................. ........................,,2.804,667 "........................4,191,752 15, Cash applied: 15.1 Dividends to slockhold... paid...................................................................................,..................................................................., ........................................... ........................................... 15,2 N.t lnlnsfe.. to affiIlales......,................................................................................................................................................................................................................................................, 15,3 Sorrowed funds repaid....................................................................,................................................................................................ ........................................,.. ........................................... 15.4 Other applicalions............................................................................................................................................................................ ...............................90 2Q7 ...............................45364 15,5 Total (Lines 15.1 to 15,4)................................................................................................................................................................. ...............................902Q7 ...............................45364 16. N.t cash from financing .nd mlscell.neous sou",", (Line 14.6 minus Line 15.5).................................................................................... ..........................2714680 ..........................4.146386 RECONCILIATION OF CASH AND SHORT.TERM INVESTMENTS 17, N.t chang. in cash and short-t... investm.nts (Lin.l0 plus Line 13 plus Un. 16)................................................................................ .........................(1,806.681) ..........................3,616,186 18. C.sh and short-term inveslments: 18.1 Seginning of y..L............................................:..............................................................................,............................................. .........................,3,697.157 ,.....,..,..................,280,971 I 18.2 End of vear fLin.17 Dlus Line 18,1l....,....................,................,......."..............",......,................,'........,'....................,......,..........., .........,..".........".2.090.476 .................,.......,3.897,157 DETAILS OF WRITE.INS 7.401 Miscellaneous Inco~........,.........".........,.......h........."..............................".......,..................,..............................................".......,.......... ...............................44,981 ,.......................................... 7,402 Finance & Service Charges....................... ............................. ....... ................................. .................................. ........................................, ....,....,...,............................. ..............................,96,126 7,403 ..-....................."...................................................................,...................,.."...,.......,.......,...........,.....,.~.....,",......,......",......",...",'.........", ....".............,....................... ........................",...",.......... 7,496 Summary of remaining write-ins for Line 7.4 from ov.rflow pa9.......................................................... ..................................................... ........................................0 ........................................0 7,499 Totsi (Lines 7,401 to 7,403 oius 7,4981 (Lin. 7,4 .bovel.......................................................................................................................... ............,...............,..44,981 ......,......,......,..........96,126 5 "'i;~....." - ~\~r - Anllual Stalement for the year 200Qof the Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT PART 1 . INTEREST, DIVIDENDS,AND REAL ESTATE INCOME 1 I 2 , 3 Paid In Advance i Due And Accrued (hi I 8 I I , Earned , ! Collected 4 5 0 7 Duling Year During Current Prior Current Poor (Columns .7\ Schedule Vear Vear Year Vear Year , 3 +5 +0 -4 i 1, U,S, government bonds.,...................., "....,.,......." D (a) ..' ....,..,.,...551,700 ,....."... ",....., ........ ".....,.......,............ "...............14Q,924 ,................141,461 ................,551,230 1,1 Bonds exempt from U.S. tax,.......,..,...... ,....""........ D (a) ,....""..",2,791 ,432 ".......,...."....... ....... ..... ".....,....."..".....' .........,.......466,732 .................624,083 ..............2,634,080 1.2 other bonds I unaffiliated)......., ........,.. '.. ...".......,'.. D la) ..............9,901,113 .....'.....,.......',......,... ,......"......"......,....... .......,......2,265,721 ..............1,989,471 .....,.....,10,177 ,363 1,3 Bonds ofaffiliales.............................."........."......." D(a) .............,...........'"... .......,,,...................., ...........,,,....,,,.......,.. ""................."........ .."........".......".,...... ,..........,.........,......0 2,1 PrefelfO<! stocks (unaflUialeo).. ",.........,'........""..... D (b) ,............,1,691,200 ..,.....,,,,....,'.......,..... ....".......,..'.............. ..,..,......"..,135,804 ...........,.......84.118 ..............1,742,820 2,11 Preferred stocks of affiliates...........,..,.............,....." D (b) .",'....".....".....",..... ....."...."..............,... ................."............ .."..."......",..........,.. ....................",,,...... ............................0 2.2 Common stock (unaffiliated)...,.." ..,....'" ..........., ...... D ...................95,500 ,.....',...."",.....,,,....,, ...",....".......",,,...,.,, ..'.......',,,........,.....,,. ..",........',................ ..........".......95,500 2,21 Common stock of affiliates,...............,.....,."...".....". D .."...,..",..,.....,......',. ..""....',.....",....."".. ..............',....."......., ..............."...",.....". ........................,...... .,......"..........,......,0 3, Mort9age loans,.................,...."........."........"..,....." B (c) ,,,,,............,.....,,,...,, "...".....,.....",.."...... ..,..."..........,....."..... .........,.....",......',,"'. ."......,.......,............. ..,......."..,.............0 4, Real estate............................................................... A(d) ...",....",....."........... ......,.....",......."......, ..,,,........,,.....,,....,,,,, ..................,......."... ..,....."..'...""........... ............,...............0 5,1 Cash on hand and on deposit.........."..........,....".... E ....".."......."."........, "......"..............""... .....",,,....,,'.............. ...."....,..."..,......."." ..,............,..,.......,.... ...........................,0 5,2 Short-tOll11 investments................. ......", "...... .......... DA(e) .............,..,287,621 ....."......'.............".. .........,......."............ .......,.............."....... ........,..,............,...... .................261,821 6, Other invested assets..........."'......".......""....."....., BA ..........".....,,,.....,,..,. ......"........"...."....... ..............".......,....,.. .,...""'...,....,...,.',,.... ......."....".......",,".., ............................0 1, Derivative instruments,,,.,,,,............,,.....,,........,,,..... DB,OC(ij ..",........,,,........,,..,,. .............."........"..... ,....",.....".........,...... .....""...............,...... ......".....".......""..". ............................0 6, Aggregate write.lns for investment income......",..... ................,364,131 ....,.......,.......,......,0 ..,......".................0 ...........................,0 ............................0 .................364 131 9, TOTAtS...................................................,.............., {o\........15 683 563 ............................0 .....,......................0 ..............3,009 161 ..............2839 193 1101........15 653 551 DEDUC7IDNS 10. Total investment expenses incurred (Part 4, .ine 22, Column 3)................................................................................. ...................................................... ................,104,728 lOA, Interest expense..""...,.............,.".....,..,....,...... ....,...,.,.,..,.,.........,....",.,....'"...,..,'.."",....,.."...,..,.....,'....."....,..".....,...,......"...'""......'"..,....,......"...,..',...., (i)..........................., 11. Deprecia~on on real eslate (for companies which depreciate annually on a formula bas~).............................................................................................. ..""'....".','..,.",,,...,, 12, Aggregate write-ins for deductions from investnlentinc;ome.",.....",...."",..""....""..""",..""".,."",.".,......""...,.""...",..".""...""....."",,,..,,,..,...,,,.....,,,., ............................0 13, Total deductions (Unes 1010 12)............................................................,............................................................................................................................................................. .................104,126 14, Net investment Income earned (line 9 minus Line 13) (to Page 4, Line 6)............................................................................................... ........................................................... ............15.146,623 DETAILS OF WRlTE.INS 0801, Miscellaneous interes!............................................. .................384,131 ............................... ............................... ..........,.................... .........,...........'........, ................,364.731 0802, ....,........."".....,........................................................' ............................... ..............................' ............................... .............................., ............................... .........."................0 0803. ..............................................................,.................. ............................... ............................... ............................... ............................... .........................,..... ..............,........,....0 0696, Summary of remaining write-ins for Une 6 from overflow page .........................,..0 ............................0 ............................0 ............................0 ............................0 ............................0 0699. Tota~ Unes 0601lhru 0803 Ius 0896 Part 1 tine 6 ............ .................364131 ............................0 ...........................,0 ............................0 .........................,..0 .................364.131 DEDUCTIONS 1201........,....................................................................,...........,................................................................................................................................................................................ 1202...............,.....,.................................................................................................................................................................................................................................................... 1203........................,..............................................................................................................................................................................................................................................,.. 1296, Summary of Iemaining write-ins for Line 12 from overflow page......,............................................................................................................,................... ............................0 12l19, Totals Lines 1201lhru 1203 Ius 1298 Part 1, Line 12 ......................................................................................................................................,........... ............................0 la) Indudes $....,205,666 accrual of d~"'unlless $.....92,542 amorlization of premium. (~ Includes $..............0 accrual of discount less $...............0 amortization of pIllmium, (b) Includes $........,......0 accrual of discount less $...............0 amortJzat~n of premium. (9) Indudes assel transfers with put options accounted for as financing (c) Indudes $...............0 accrual of discount less $...............0 amortization of premium. arrangements: $..............0 Column 3, $...............0 Column 6, Id) Indudes $...............0 for company's occupancy of its own buildings. (h) Admitted i10ms on~, Stale bas~ of e,dusions, (e) Includes $.....12.646 accrual of discount less $....,..........0 amortizaliolI of premium. (i) Includes $..............,0 interest on surplus notes and $...............0 interest on capilaI notes. PART 1A . CAPITAL GAINS AND (LOSSES ON INVESTMENTS 1 2 3 4 5 6 1 Net GaIn or (l.oss) from Change Total Increases by Decreases by In Difference (Net of CoIs. Profit on 8aJes Loss on Sales Adjustment In Adjusbnentln Between Book 2 106 Ind.) orMaturitv or Maturitv Book Value Book Value and Admitted Values 12-3 +4 -5 +6) 1. U.S. government bonds..........................................................,..... ."",...."...,...",...."" ..............."............, ................"..".....", ........."."......"......" ,.....""..."....,."..,.,..,.. ..........................0 1.1 Bonds exempt from U.S.lax...........,.....",....,.,............,...............,.., ....,...........530,831 ..............,..........16 ......."....."........".... .,.."...,..,....."".."",. .........,,,.............,,,....' ................530,619 1.2 Other bonds (unaffiliated).........,..................................................... ......,...........15,903 ................123,432 ...",..."",.."",...."... .""".,..,.....,.,..."....' ......................1,046 ............"",(46,482) 1.3 Bonds of affiliates............................ ..........., ................................... ......."."..,............,,, ".......,,,,....,............ ................,.."......... ..."...".."..,..........", ,,,.,,,,,,,,.........,,,..,,,..,. ,..........................0 2.1 PrefelfO<! stocI<s (unaffiliated)........................,................................ .............................. ............,.....,,3,033 .............................. ...."..............""...... ...................715,125 ...........,....112,692 2,11 PrefelfO<! stocks ofafliliate8.................,.."..,................"....."..",..... ,........,.............""." .""..."....".......,....., ....".."....."...."".,... ."..n........"............. .............""....."""..... ...........................0 2.2 Common stock {unaffiliated)....... ..................................................., ......,..........",...",.... .."...."....".....,..,..... ....,........,.".....,....... ."..,.............."........ .....................54,000 ...."...........,54,000 2.21 CoInmon stock of affiliates,........,...........,....."......,,,..........,.............. .......,,,.....,,....,........ .................."....."... ............""..........".. '.'.,...,.",'..,.".......... ...................653,840 ...............,653,840 3, Mortgage loans............................",..............."..,......,......,....,........, ............"................ ,.................".......... ".....,...................... ,.,...,.....""..."..,....,. .........................."..... ....,....................,0 4. Real estate..,............."".......................................,.................."....., ..................."...."". ,...."....................". ."..."............,,,.,,.... (.).......................... ......,....,......,.........,.,.. ...........................0 5.1 Cash on hand and on deposil............................. ............................ ...",............".""..... .."....,.",.",...",....,., ...."..............,,,....... ."..................""..". ..,.."".....,..".,..",....", ...........................0 5.2 Short-tenn investments,.".....,.,...".. ".."....,..... .,.,.....,...."....""....,.,. ,......,....",....".......,. ,..""..................,.." .....,.."......".."........ ..."............,............ ...............".............." ..........,................0 6. Other invested assets.,...."".....,...."....................,....".,....,"......,.", .,.............."............ ,............................. ,.........".................. ..,...........".,......".... ................................. ...........................0 1, Deri'lative instruments............................ ................. ....................... ...,.............,...."...... "............,...........".. ....."....""............... "..........."....",...,..., ...........................,..... ...........................0 6, Aggregate write-ins for capital gains and (losses)........................., .......................142 ..................,.......,0 ...........................0 ..........................,0 ..............................0 ...."................,142 9, TOTALS.......................................................................................... ................606663 ...............,126,483 .....",...................0 ............,..............0 ................1 484611 .............1 965011 (D~tribution of Line 9. Col. 1) 10. Net real~ed capitalg.ins or (losses) (Page 4, Line 9) (Col. 2-3, Line 9).........................................................................................................................................................., ...............,460,400 11. Net unreal~ed capital.ains or (losses) Ipage 4, Line 19) (Col. 4.5 +6, Line 9)...................................................................................................................,............................ .............1,484,611 . !?801. Miscellaneous................................................................................, ".....................142 ....,,"..,........,.......,.. ............."............... ...,.......................... "..........,..............".... .......................142 10802, ..........".........,,,...........,,....................................,,....,,,...,,....,,...."..'" .."...."..........",..,.... ........"..."............... ."....,,,.....,,..,,....,.... .........."".......,,..,....' ......,...................,0 ...".........,....."........... 0603. ......................",....'................."......................,................................ .....m........'..,.......... ....,......,........".....,.. ........'"."................ ..."..,...................0 I ....,...."........"......... ......,,,.........,,...,,..,...., 0696, Summary of remaining write-ins for Une B from overflow page...... ...........................0 ..............,......."..,0 ...........................0 ...........................0 ............................,,0 ...........................0 10699, Totals r.ines 0801 thru 0803 oJus 0698\ {Part lA, line 6\............. .......................142 ,....."....,..,......"..,0 .........,................,0 .......,...................0 .............,........""....0 .....",..............,142 DETAILS OF WRITE INS (a) excluding $...............0 depreCiation on real estate Included In Part 1. Line 11. 6 - ti'~ _ .~ ~I A"""~'S"""""'.'"_2000'ft''' Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT PART 2 . PREMIUMS EARNED , 1, 2, 3, 4, 5, 6, 8, 9. 10, 11.1 11.2 12, 13. 14. 15. 16, 17.1 17,2 18,1 18.2 1 i 2 I 3 I 4 I I Unearned Premiums I Unearned Premiums Nel I December 31 December 31 i Premiums Premiums Prior Year- Current Year- Earned Written per per Co!, 3 Last porCo!,5 During Year Une of BUSiness Column 4, Part 28 Year's Part 2 PartZA ICoIs, 1 +2-31 Fire"",................ ,......................'......., ................."......,..,......,.....".... ,.... "....",......""....,483,918 ...... ................."....188,364 .....,.. ,...................,'88,444 .......,............ ",....,.483,836 Allied lines""...., """""......."",......"",....'".....",.....""",..,.........,...." ,,'..'... ,.....",......"..166,717 ,..""..,..".......,..........61.540 ,..,.......,..".........",....62.987 ..,.........,.....,......."..167.270 Fannowners multiple peril.................,' ......" ..........,........ ...................., ...", ......." ......" .........23,568 .....,.. ,....... ........, ,........4,207 ......, ........... ................3.875 .... ............." ........... ..23,899 Homeowners multi~e peril......., .........., .......... .......... ........, ..,..... ......',.. ..............." ......, ,17.942.969 "................., .......6,594 ,1 08 ........, ..,.......... .....7,'83,556 ..................., ..... I 7 ,353,521 Commercial mulPple peril.....................,..,.........,................,........,....... ..,....."".......,....,'0,035, 135 ...........................3,'44.546 "..,........"...........3.6Z!1,439 ...........,......,....,...9,550,242 Mortgage 9uaranty,.............".............""..,...."......."....",......".....,.... ...,....'.."...."..'.....""....",.,... ...'.",......."".,.."",'..",..'",'.., """",....".".,...'"..,........., ..".............,......."...........,.0 Ocean marine...............................,......,............,......................."......., .........".............."..,........(20) .....................................215 "..........,...........................,4 ....................................,191 Inland marine...........,.. ..........., ..........., ....,...... .......' ........" ........, ......'..' .............. ........ ........582,724 ......., .......... .......... ..193.750 ............, .................212,493 ....., ...........' .......... ..563,981 Financial guaranty.........".. ........,.... ........" .........., "....... ...."....,..."....... ,......., ....... ......".. ......" "........ ., ,.....,........".. ....................... ." ..............."....". ...........".... ....,..... ............... ................0 Medical malpractice - ""'urrence.............,.............................,..,........ .................,..,........",......."". ..,......,..........................576 ...................................,(130) ......,...0000..,.................,706 Medical malpractice.. dalms<nade........,..........................................., ",........................................, .......,.................................... ............................,............... .........................................0 Earitlquake.......................................................,.................................. ....,.............................7,838 ....................................,308 ...................................., 126 .................................8,021 Group accident and heaUh................................................,................, ............................................ ............................................ ............................................ ....................,............,.......0 Credit accident and health (9rouP and Individual).....,......................... .... ........................................ ..................................."'...... ......................... ................... .........................................0 other accld.nt and h.aUh................................."'............................... .."'....................................... ......................"'................... ..........................."'.............. .........................................0 Workers' compensation......................................"'....................."'...... ...........................8,065,"2 ..................,........2,354,255 ..............,............2,909,981 ".........................7,509,386 Other liability. occurrence......................................., ................,.. ......, ................... ........1 ,633.098 ...................... .......,57Z.645 ............,.. ,.."'....,....566,697 ...........................1 ,639,045 other liability.. cIaIms-made..........................................,..................... .............."...............,'5,924 .......,..........................8.510 ......,..........................,6,691 ......................"........17 ,742 Products liability .. occurrence,................................... ..........."'.........', "......, .......................68.189 "'.............................23.231 .................. ..............23,796 ,............... ................67 ,624 Products liability.. claims-mad......................................,.........."'........................................."'....... "'......................."'......................................................"'.. ...................................,.....0 19,1,19.2 Private passenger auto liability..............,............................................ ......................"'35.964,836 .........................14.558.259 ,........................14,598,204 .............."'........35.924.891 19,3.19,4 Commercial auto liability.................................................."'................ "'........................6.188,717 ..........."'........."',2,074.272 .........."'..............2,324.080 ..............,............5.938.909 21, Auto physical damag.........."'............................................................. .........................29.485.496 .........................10,823.041 ........"'.............",,778.898 ........................,28.529.638 22, Aircraft <all peri~)..........................................................................;..... ......................................................"'...........................(4) ............................................ ..........................."'..........(4) 23, Fidelity..........................."'........."'..............................."'...................., ................................28.185 ....."'........................13.522 .."'..........................,'4.077 ................................27,631 24, Surety....,........"!'................................................................................. ..............................170,740 ......"'........"'............77.608 ..............,..,..............96.591 ..............................151,818 26, Burglary and thell............................................................................... ..................................4,506 ................"...................544 .....................................532 .................................,4.519 27, Boiler and machin.ry.......................................................................... .."'...................,...........(297) ....................................,385 .......,..........................."..58 .......................................32 28. Cr.'m....................................................."........................................... .....................................315 ............................................ ..................................................................."............315 Z!I. Intemalional......................................................."'....................."'...... ....................................................................................(1) ........................................(1) ..................................."'..(O} 30A. Reinsurance-NonJllOllllrtionaJ Assumed Property.............................. ...........................5.101,281 .............................,459.120 ..............................547,775 ...........................5,012.626 30B, Relnsurance-NonproportionaJ Assumed Uabllity................................ .............................,433.089 ................................16,848 ..............................238,348 ..,...........................211.589 3OC. Relnsurance-Nonproportional Assumed Financial Wnes",...............,. ...................".........,........ ..... ... ..................................,...... ................,........................... .........................................0 31. Aggregate write-Ins for other line& of business................................... ........................................,0 ....,....................................0 .........................................0 .........................................0 32. TOTALS......, ..............................., ......".......... ................ ..................... .................... ,..116.404,037 .........................4','67.909 .........................44,364.517 .......................113.187.429 DETAILS OF WRITE.INS 3101. ,.................,...........,'...........,......................................,........,.....,.......... .........................................." ,........................................... ............,............................... ..............".........................0 3102. ..............................,............,................................................................ ............................................ ............................................ ............................................ ....................,....................0 3103, ...........................................................................,......."...............,....... ................."..'...""............... .........".."..................."........ .."",.....,....,.,...............",...... .........................................0 3198, Summary of remaining WIiIe-ins for L1n. 31 from overflow page."..... .........................................0 ..............................."'.......0 .........................................0 ...........................,.............0 3199. Totals ILlnes 3101 Ihru 3103 olus 31981 ILln. 31 abov.I.................. .........................................0 ...................:.....................0 .........................................0 .............."'........................0 "~ "'~ 7 'r-- 'Mn~ilIStatementlorlJleyear2000oflhe Erie Insurance Company UNDERWRlllNG AND INVESTMENT EXHIBIT PART 2A . RECAPITULATION OF ALL PREMIUMS (a) Gross nremiur'l\S !less reinsurance) and unearned oremiums on all unexoired risks and reserve for return oremiums under rate credit or retrospective ratina olans based UDon ex-Derience, viz: , 1 , 2 '3 4 5 AmQunt Uneame<1 . Amount Unearned I Reserve for (Running One Year (Running more than Rate Credits or less from Date One Year from Ad~ance and Retrospective of Policy) Date of Policy) Premiums Adjustments Based Ibl "bl 1100%) on Experience line of Business Total Reserve for Unearned Premiums ICols,1 +2+3+4\ 1, Fire..... ............... ,...,., ............ ,........,....,..,., ....,., ...., ....,...... .......,..... ,......,186.320 ..' ........, ...............124 ....... ......... ,....., .......... ......,.................,..,......., ...........,....,.....186,444 2, Allied Hnes...................... ............... ................. ......., ................. ................. ,.....62,960 .... ........, ........,.......28 ........, ...... ..,............... .................................... ......... ..............62,987 3, Farmowners multiple penl ..... ..........,........................................., ................... ......3,875 .................................... ..,................................. .................................... ............ ............,3,875 4, Homeowners multi~e peril.....,.................................................."... .....,......".....7,179,527 ..,......................,4,028 .................................... ..........,..".................,... ..,................7,183,556 5, Commercial mulliple pen1................",........................"................" ,......"..........3,626.267 ....."...............,...3,172 ........,.................,......... ...................................' .................,,3,629.439 6. Mortgage guamnlY........."....... ..,.....,.........".......",....................... ".............,.......,............ .............,...............,....., .........................,.......... ..",.............................., .................................0 8. Ocean marine.............................",................................,..,........,.., ...................,.............4 ......,............................. .................................... ..........................,......... .................................4 9, Inlan<l marine.........,...........".........,.........,..................................,... ......................212,431 .........,.....................62 ...."..................".........' ......,..........,..........,....... .......,........,.....212.493 10, Financial guaranty..... ............. ........... ........ ......". ......... ................... ............. ......" ........ ....... .......... "........................ ........................."......... .................................... ............ .....................0 11,1 Medical rnalpmclice - occurrence....,..........,..,......,......................., ..,......,......,.......,..,(130) ..,................................. ...................................' .................................... ............................(130) 11,2 Medical malpmclice. daims-made....,...................................,....... ,.......,.......,...............".. ....',......,....................... ..'"............................... ..........................,....,.... ........,........................0 12, E.rthqu.ke..............................." .......... ................... ................" ..... ..., ........, ......., ....... ,126 ................................ .... ... ........" ........, .........., ,.. ......... ........................... ..........., ......., .......,126 13, Group accident and heallh....................,........................................ ,................................... .......................',........... ..........................,....,.... (e)................................ ............ ...................,0 14, Credn accident.nd heallh (group and individual).......................... ....,.............,................. .........'.......................,.. ..................,................. .................................... ......................,.........,0 15. Other accident and heailh....,...................,..................................... .................................... .................................." ...................................' (e).................,.............. ...........,.....................0 16, WOlter.! compensation..............,.................................................., ,..................2,906,042 ..........................3,939 ..................................., ..................................., ...................2,909,981 17,1 OtherliabiHty -ocourrence........................................,.................... ......................565,626 ..........................1,071 .................................... .................................... ......................566,697 17,2 Otherliabilily .claims-rnade........................................................... ..........................6,691 .................................... .................................... .................................... ..........................6,691 18,1 Products Habilily - occurrence........................................................ ........................23,787 ................................,9 ...................................' .............................,...... ..................,.....23,796 18.2 Producisliab!ity .cIaims-made..................................................... .................................... .................................... .................................... .................................... .................................0 19,1,19,2 Private passenger autoliabilily...................................................... .................14,698,204 .................................... .................................... ..................................., ................,14,598,204 19,3,19,4 Commen:ial.utn lIabiIiIy................................................................ ...................2,324,OW .................................... .................................... ..............,..................... ...................2,324,080 21. Auto physical damage..................................................................., .................11,778,898 .................................... .................................... ....,............................... .................11 ,778,898 22, Airclaft(a1lperi1s).....................,..,.................................................. ,................................... .................................... .................................... ...........................,........ ..............,..................0 23. FideIily ........................................... ........... ...................................... ...........' ............12,482 ..........................1 ,594 .................................... .................................... ............... .........14,077 24, Surety............... ......,....................................................................... ........................77,276 ........................19,314 .................................... ................, .................., ...................,....96,591 26. BU'lllary .n<Ilheft........................................................................................................532 .................................... .................................... .................................... .............................532 27. Boiler and machinery.................................".........................."...... ..................."..........56 ,....."................."......... ............................"...... .."....."......................... ..............."..............56 28. CredL......,................................................................................... ......"............................ ..."............................... ..........."....................... ...............,..............."... ..,........................"....0 29. Intemational.....,.................."......................................................... .........,.....................,(1) ...........,.."....,"............. ..................................., ...................................' ................................(1) 30A. Reinsurance-No""lOjlOrtlonal Assumed Property"....................... .....................,547,775 .................................... ............"............ .......... .................' .................. ............... ......,547 ,775 30B, Reinsurance-Nonproportlonal Assumed Uabillty........................... ......................238,348 ...................................' .........,.......................... ...................................' ............"........238,348 30e. Reinsumnce-Nonproportlonal Assumed Financial Lines............... ............,...........,........,.. .................................... ..................................., .......................,............ .................................0 31, Aggregate write-ins for otl1er lines of business.............................. ....,......,..................,..0 .................................0 .................................0 .................................0 .........................,..,....0 32, TOTALS.........."............................"......,........................................ ................,44,351,176 ........................33,341 .................................0 .........,..,....................0 ....,............44,384,517 33, _ retrospective premiums based on experience......,....... ............,...............,........,,,...................................................................................................................... .................... ,.............. 34, Balance (Line 32 plus Line 331......, '...........................................,..............................,....... ....,..,.............................................."......,....................................................... ..........."....44,384,517 DETAIlS OF WRITE.INS 3101. ".....".................................,............................................................ ....."............................. "......"................"........ .................................... .....................,.......,...0 .................................... 3102. ..................................,................................................."................. .................................... .................................... .....,.............................. .................................0 .................................... 3103, ....................................................................................................... .................................... .................................... .................................... .........,..,....................0 .................,.................. 3198, Summary of lell\ainIng write-iRsfor Line 31 from overffow page... .........................."....,0 .................................0 ............................."..0 .............,...................0 .................................0 3199, TOTALS lLines 3101 thnJ 3103 oIus 3198\1Line 31 allovel......... .........,........,......,,,.....0 ,....,...........................0 ......................"........,0 .................................0 "....................".........0 (.) By gross premiums is meant lhe aggregate of all the premiums written in \he policies Of renewals in force, Are they so retumeJI in lhisstatemenl? V,,[XI No [ I (b) Slale here basis of computation used in each case:....,................ Monthly ProRata (el Inoluding $...............,0 reserved for deferred matemily and othersimilar benefits. 8 - :-.""i".lIf"ll ' ,~~ ~I "" " "nnliillj,Slatementfortl1e~ar2000ofthe Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT PART 28 - PREMIUMS WRITTEN Gross Premiums (Less Return Premiums), lnclueinq POlicY arid Me'mbership Fees Written and Renewed Durine Year I 1 I 2 i 3 I Reinsurance Assumed I Reinsurance Ceded a I, b a b Direct Bu~~\ess 4 Une of Business From Affiliates From Non-Affiliates To Affiliates To Non-Affiliates Net Premiums Written (Cols,l+2a+2b -3a-3bl 1, Fire....... .................,......,....,....,......., .....................................,.... ..........,.....110.631 ..........,..,.,463.916 ............................., ...,..,.......,.110,631 .......,....,................. .,............,.483,916 2, Allied lines..............................."".........".........,......,.,.......,........... .. ,...."........56,178 ...........,....168.717 ........'"........,........., ,.....,.......,.,.56.178 ...........,.,..,...........,. ....,...........168.717 3, Farmowners multiple penl..............,....,....,........"......."........,....... .,.......................,.... ...".......,....,23,568 ,..........,..,.............., ........,.............,....... ...................,'......... ,.,....,..........23,568 . 4. Homeowners multiple penL..",.........,........."................"............. ,.......,....8,413,148 ...........17,942,969 .,........',...........,...... ,............8.413,148 ..............,..,.....,....., .".,......17,942.969 5, Commercial muliiple penl.........".......,.."..........................,......"... ..".........8.226,806 ,.......",10,035,135 ....,....,..............',.... ,......,.....8.226,806 ,............................. ,..",....,10,035,135 6, Mortgage 9uaranly......................."...,.......,........"........................., ..............',......,'...... ......,.......,............... ...,.....,.,...............'.. ,............................. ..,.,.............",......... ...."...........,......,.,0 8, Ocean manne......".................,......,.,..........,.................",......",... ."......"......".,...,...., ....."......,........,(20) ,'.....,..,........."........ .......,...................... .....,.........,......"...... ....."",........,...,(201 9, Inland manne.,..............".........,.,........"......,...,.........,..........,....... ..,......."...,305.833 ,.......,......,582,724 .....,......................., .........,.,....305.833 ....,...........,............, ...,..........,.582,724 10, Financial guaranty"..................................,........................."........ ..........,................... ...."........,............... .............................. .......,....................., ...,..................,....... ..........,....,..."..,...0 11.1 Medical malpractice - occutTence................................................ ....................."....,.. ..,........................... ........."................... ....,......................... ...........................". ...........................0 11.2 Medical malpractk:e - c1aims-made....,......................................... ..................,.,......." ..,.........................., .............................. ..,............,.............. .............................. ...,.......................0 12, Earthquake...............,................. ........., ....,.... ,.......... .....,........., ,... ..,.. ,....,................... .. .................,7,838 ............................., ...,..' ....................... ..,..............,. ,. ......... ..........., ........7,838 13, GIllUp accident and health........................................,.,.,.....,......., ................,............. .............................. ,............................. ....................,......... ......,....................... .................,.........0 14. Credli accident and health (glllup and Individual)........................ ...........,.................. .............................. ..............,............... ........................,..... .................,............ ,.,.......................,0 15, Other acc~ent and health............................................................ .............,..............., .............................. ...............,........,.,... ..............',..........,... ............,................. ...........".,............0 16. WDII<ers' compensation.................. ....................,................,........ ..........,29.640.609 .... ,.......,8,065,112 ,............,(149.787) ,..........29,490,822 ..........................,... .,.,........,8,065.112 17,1 Other liability 0 OCtu..nce.............. ........... .................................. ................860,871 .............1.633,098 .........,...................' ....,..........,660.871 ..,............................. ,.....,.,.,1,633,098 17.2 Other liabfllly - claims-made,........................................................ .............1.414,465 .................,15,924 .............,................ .............1,414.465 ............................., .......,.........,15,924 18.1 Products liabDlIy. occu..nce........................................,........,.... ...................,4,936 ..................68.189 ...............,...........,.. ..............,.....4,936 .....................,.....,.. .,................68.189 16,2 Producls liabnity .. c1aims-made.........................................,......... ..............'............... .............................. ..............,............... .....,........................ .............................. ...........................0 19,1. 19.2 Private passenger auto liabnity.............,.....................,................ .........119.800,865 ...........35.964,836 ........,.,.........,.,......' ...,.....119.289.447 ................511,416 ..,........35,964,836 19.3, 19.4 Commercial auto lIablllly.......................,...................................... ...........12,593.396 ......,......6,188,717 .............4,313.ns ...........16,655.512 .........,......251.660 ...,.........6.188.717 21, Auto physical damage.......,...........,.,.,........................................., ,..........91,633.635 ...........29,485,496 ,..........,..,...58,801 ........,..91.692,436 .....,...........,...........' ...........29,485,496 22. Aircraft (all penis)...............................,..........."............................ ......,......................, '....,....................... ............................., ....,....................,.... ......,......................, ....,.....................,0 23. Fidelity,.................. '................................' .................,................... ................538.951 ..................28.185 ...................,.......... ................538.951 .............................. ...,..............28,185 24. Surety.................................................,......,.............,.................. .............3.160.827 ................170.740 ............................., ..,..........3,160.827 .............................' ....,...........170.740 26, Burglery and theft.................._....,.............................................. .................20,432 ....................4,506 ...........................,.. ..................20,432 .........................,.... ,...................4,506 27, Boiler and machinery .,...........................................,..............,.... ..............,............... .." ,................(297} ....................... ....... .............................' .......,. ............,.......' "...................(297) 28, CredL...............,..............,.................,...........,.......................... ,.....,......,................ ....,........,........,315 .................,..........., .............................. .............................. ,..,......,............315 29, International,....... ........................... .......................................,. ..... "....,., ,.................... ....,.,.................. ..... ....,.. ........., ........, ,... .............................. ..............,........ ......, ........ ,................,.0 3OA, Reinsurance-Nonplllportional Assumed Property......................, ......"....'IXI..........." .....,.......6.190,847 .........,.....,.............. ,.,.,........1,069,566 .....,.....,.,................ .............5.101.281 30B. Reinsurance-NonplllpOllional Assumed LiabIlity.....:...............,... .........,..XXl<....,....... ......"......,.433,089 .....,..................,..... ..,...."........',........... .........................",. ,...............433,089 3OC. Reinsurance-Nonpnlportionai Assumed Financial Lines............. ............'IXI.....,....... ..................,........... .............................. .....".....,.......,.....,... ..,..,......,................. "..,.................,....0 31. A99'09ate write-ins for other lines of busin........................,....., ..........................,0 ,..........................0 ..,...........,........"..0 .....................,....,0 .................,........,0 ...."........,..........,.0 32. TOTALS.....,.,.....................................,....,........................,......,.... ....,...,276,761,563 ..,.....,117.493,603 .............4,222,790 .........281,330,861 ...............,763.078 ........,116,404,037 DETAILS OF WRITE.INS 3101. ........................................................,.........,.........................,........ ..................""........ ....................,.......,. .......................,...... .............................. .............................. ....,..",................,0 3102, ..........................................................................,.................,......., ..........................".. ....................,....,.... ....."....................... ................."........,.. ......."..................... .....,.................,...0 3103. ...,.....,."...............................,...................,.................................... ..."......................... .............................. ..............,......,........ ................".........". ...,......."................. .,.......................,,0 31S8, Summary of remaining write-ins for Line 31 from overftow page. ......,....,."............0 .............,.............0 ...........................0 ....,..,...................0 .....,.........,..........,0 .....,.......,.........,.,.0 3199, TOTALS n ;nes 3101 IhN 3103 nlus 3198' ILlne 31 above'......, ...........,.....,......",0 .....,..................,..0 ..,........,.............,.0 ,..........................0 ........,..,.,...,.........0 ,....,...........,."......0 (a) Does the company's direct premiums WTitten include premiums reconIad on an Installment bas~? Yes I I No I X] If yes: (1) The amount of such Installmenl premiums $,..............0, (2) Amount at which such installment premiums would have been reported had they been recorded on an annualized basis $...............0. 9 'W'jb=_% ~ ~- H_ ,,,:,,_,,,, _ 'I - - >. c 1\I Q. E o U Gl U C CII ... :l Ul .E Gl ";;;; W . o ~ .. ~ )j ;: E ~ '" ~ " I- iii X >< W I- Z w :E l- (/) ~ z - Q Z c( C) z E a:: ~ w Q Z ::;) "" o w 0:: 0:: :::> <.) ;; o :z <C o ;;;: 0- (/) W (/) <J) g M .... 0:: ~ I o~M1JI~~ I !!::..::::li:W\i I'.", 19'~ D.: i@0-;.1 ~ <I\"-;;:I~ I ~ ~ ;~(~ ~ ---l-Q..- S ... ~<C "" 13 '9.: on rnE__+ <Il::JC:~ .sg~ui -:;:Ie u\? ~ 51", ~ .3 8.>,: -:5-2 ~ Q. ~ ~ ~ 0)<",:>0; "'1~"'" ~=N~~C:; In C':Ion,.... en &j&f~~cD C") : : 0 $: . : :..-=0.6 '~ . ~~~~~ ~~~$~ C") . : N j , ~ ~ ~ .....M!nCOO $~cot:i~ _ gg...:~C")- ... en C"'): 0 a.> I h.:: ...;...; 3i! >- (.) :: :: ...;l ~c< j i i j !" ~~ : i :! ~~;e~G;9~~9o;C! t'lCOC")_ :....('001 :,':,"', gfoo)o)oQ: ~ J!ac;~~j~stj ~ C I : . . O'"lt . ~C::'~~:i i fii'.....: : ll.. . , : !~ '" ~ M I~ > ... <n ~ '" if o j "0 I jl &!~ 0... :g~ ri ,....- 11 "0 ON ~ ~ ~. ~~ .,; ~<<:! ~o'" '<ricia:i r.ar----:- . '0 ' ,..; ~ ~ C'oI_ "='" co t-.. ~~~~~g lJ':! . ~.... t":! ~. ~ "!<!; , ~ 1o.ri , ., , ~ , ,~ li , c : ~ ~ :' ~~~ ~ " 'n~~ :.0 : a.:"" iL:.S ~ ,,' llHZ a) IU 5 ~ ::J Q q ~ .g " H~j , ~0 ~ ~8,,~ ~~...~ it} : ~:i ~~E .~11l~~~~ ~~~1J ,," ~1~~~~8-~~~. &&Ia :~llt ~~~ ~li~::J~g~~i~ .r ee ~,,=i~~~~l~ ~~~l~~~~~~~l ~~ gg! .e~~~~c::J~I'I~~~~~~~~,_~_.~=~ ~! ~.~~~~ ~"J ~~~ee.~~I?~~~==-! ~- ~~~ ,"_' _'2.=- ~ .~c i ~ .; .~ "N ~ g. c. ~ ~ ~ ~ ~ ~ ~ : ~ ~ ~ ~ ~:e. ~ ~ ~ = f ~ ~~~ ~~~!~I~~s~~i~@lllsijlIf~~III!~~ (Q ..... 0;0 C"l ..... ~""c:Ol47 N<Oo:"'l_ ggaf~-~ ~1l"11:~~ ; 5 I 1 1 ~ j !!~ ' . , , - . . . .", :::: &: ~~l~ . . . . . . . . ., , .. , ,. , j~ c~ '" O~ ~N ., .. toi,..: II o ~ ~~ ... '" ~ .. ~ .,; N M ~~ '" w :g c 'g: '" '6 :!! ::; <0'_ "Om M '" '"-:uS M '" QCO"JQ~OOO :co f")::: :.... : . . : ; : ~ : ~ 0C"'10_C"'15'~C"I.O<"i~CJ;I,('JO i~"""~~N,...~~"1:;;N~ : ~~~1 q.;: n~~ o MM o C") N N -.;tOlt')(O crSo;~1'C o C") <:>..... 1"-..... : :..0 : : f\ii \ : , - ... "'~ .. M : 06 !l ~ ~ '" ......co.....o ~~CJ;~ :(~gg ceo ; : ......-M' : : ~~~S~g~~ ....:~\:iof~:i j ~~co~::: : :;:-o:~ ) j' . lef:~ e-.i'd'''': ~ ~ ~ i~ : ~~ M'" Eri '''' I~ :! i .............S'CIOCOlot)....P)~~N ~~q~a.q~~ jq....._~ ~~;! ~~~ \~~~ ~~~ 1 : ! I~~ . .., . . . .., . . '" . . ... . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . , . . . , . , , , . . , . . . , . . . ~ ~ MCIOCC,... e:.CO.....N ,........&nN g) C"i u;;..n M."......1n ....clO........... oriN : .-: : " , ., . ,. , ., . .. . " , moo ~ : : 9S&~~9~~~9~~~~~~~~9 ~ :o.....cn<D :oO)Lh :Q),..,cnM :co?NJ,t): CiS ~~~~-or j;~~ j1~C")j j ~~ ~ ~ ill I '1'1 i . i '11 ~ i ... o ~ ~ l!l t!~ ~'" OQ ~'" ., .. 1~- m R , ..."'- M'" 0 M.... ~ ~l:i8- ~ ....0 or :..: .... : 1 "'''OM ~ 0., t'O!.ut<l:!. ;:1;....... f')~;t Il'ieiai 11 ... ~ """ o or (Q~ r--;..... i"~ ..... ....N ~ 11 &1;;;7;~ .... t--. Ch q) ,...:O)O~O) '0:1'''. : -.:t"lI'1 : : . : : : . . . . . . . . . . . . .. , M., '" ~~~ r:n~ai.n ~~::! CD~ui"": 1 jg~&i ~~~~ ritD~ :: eo;N i ! i j j ~ (; ill i ill : : : : ~~ '" ., do ~'" CD..,. : ~~ l!l ... ~ m ~_ co:::i: ~s-g m~o ~ ~~- r:::::m~ "ONM ;("":N C"')~~ 16"":0; i 1 ...~ mm 0_ Qiui ....- : gg , II .,..;NM.:jI,l'jc.ciaOa)e.....~Nd:::i , ..-.....- . "O~ ~~~N ~~~ . . , --~~~~.,..;~~~~~~~~~~~g~~ ~~ 10 - ".r r o ~ ~c::> .... ~~ ;~ .'" ..... m 1 ~ M ::! M m '" 1 l!l ~ 1 ;g ~ ..: :t ... 1 :;; M 1i '" .,; 1 '=!~999 l~~l~ .....N(<').ooi oOOa>cn ........................ P)C"')C")C"')r') 00 <=!<=! ~9 ij " ~ II '" , , , ~ [. ; ~ i : i.8 c" ~;;: c M~ ~~ ::i5!? ,s;'! ,11 -a .es 'i M .~] c- .~ !? J!!M }! !jil "'~ - :0- r:: a e o u GJ u c l! ::l UI C GJ "t: W . o ~ ~ ,l! .. ~ ~ '" 1 < t::: IXl :i: >< W I- Z w :E l- f/) W > 2!: Q Z <C C) z E a::: ~ w o z :;) -u;o~:g~8~N~<=? 'CtCl'lr--COOON f"}",- ciO~r--:M . M ~ ~~~ :s<;; ~ ~~ ~ :' j,""";. -' @-.... t)~+ z '" ~ (2:R .., I~."! ~ ~ '" I" ~]3 ~: ~.5 ~I .- en QJ, 8.,g.~ l::<Wt => I ~ fi 5d , m u c uH ~ N .... ....'" ~'" ~.; ~ g: ~ J B i~ ~i.a ~l ~ '5 !! ~ ! 1 ~ !' en w en z w D.. X W I- Z w :E I- en => -, c <( en en o -' c z <( en w en en o -' c ~ z => <( ..., Ir <( D.. "'~ ::;~ if ~ ~ 0 NO> ~ g8f .... ~ .~ ~:;l W~ c:"io. ::/;1; 11 1e;1; ww ,..:,..: w.... - '" 11 $~ NO ,~ ~ :'" :::- I,(') N <.CI (""J ~ ~ ~ ....ON r--'MC'i<.O (0<.0 "='..0 <t'!.~ . ~ ~- _ N 0 ~ ~ w -.Trio ...."'0> ~N ~ . . :.... N 00 o ~ ~ '" 0 N -n-N"": NO'" ~O~ oN"": ~ - I "'~~ ~ ::.,~ rDMM ~CI~ 00; : '" I e;~;:i; 0>-- ~f~:g ~ 0 ~ g~....; N '" '" ~~~ -c:ti" :\\::\ ~.... .~. C"!<<-: ~ "'. .., .., ~~fZ~C! .; O..,OO(O,....O....__SCOCO~......,M~N ~~I,(')~ ~~~ ~~~~ g~~ ~~~~ g~~ ~~~. 19~ co..-..... In <::) 0 :. :..... t".l :~('f ~~-1 : : ~":~ -: :li:;;~g f"'MQ)O ~(J)-":.n o~~..... ~ j ! -'" ~~ :.0 ii ~ .; ~ '" NNCD(O lZ~~(Z ~Ii~-~- -co : ,"1 I .., , :s ~: ~~~ ~.... "' :it....; ~ 1 ~ ~ ~ ~ d N ~&nNf") S3i1;~~ a;g~~ C".I"" M : ~ j"": j '~l ;1;S; - ~ r-:M ~o "'.... r 0> ~ M 1 ~~S?= CO.....C:)ln ~gf~~ 0> , of : i ~Mcn ~.... "' Q~ - r ~~, ~ 1 NIt)NC'? ~;::a;~~ .....-,nr ..,; ~~~ \ ,..: :.....- : ..- : : ~~~s~~N~9m9~99Q~~~~oSg~o~~~~ .~ ~~'"'":ClC!.t'i1ll i~N_ :'"'": : : :: f"l.N...,..CI:!. <<!.N_~ ItH:C!..:t. "C lNcoee.....t;Oln J :0 :CO') : : J: ('1')""00 Q)Q)CO) ......... ~"i''''''co) "CO)::ee: :::: ClOQ)~CO') ....oco - u,a.,Q : cct"'!.:::: ;::: ~~~:: N.""':.ln. : .n ..... . NlN'.'. :':' CD'" Or)_ : "'~h:! I i I: I:' 'I! I '" I: i ~ ec::s :: : : :: : : I ~ I j I III I . ,11~lii ge~p<>; :::J~ CUes ' . !~'iu ; i "'~U]! i 'll",<~ , c :! ~ ::l : ad8~~~~ ~~~~~~ .ot : NN " ' " '" , ~ ~ !! ' ;! 1!! m ~~ ~ ::i! '0 ~B Q. .5 6 ] ~.. ::i! ~;o;; "'M 4~ "Ii is "'- "'''' "'- ~~ '" .. 11 :;liD M~ ~~ -~~ : , CO').... In 0 a~C;:;8 ~~~~ ~ N.... ~ : : ,~ : ~~i mfl3,n :a~~ 111 \~i~j : N-'fI1:j"",- : ~ ~:t~ i 1 ~ ~I ~ 1 Ii: !Hl $~ 11 8 1 IN'\C~S..C)...........CO')C<)O\l') m~,....-~~~Q) ;~~liO ~:g~ ';:....: j<i;j!-ri NOll':t : :_I,Q ~~....: 111 i : , ': : C!q~ .." q;~ '" ., ~ ::J t ' ::::: f~l91 :-; " o.e~.m.l!!_~ ~ ~~~i ~ 'll'll~~ , ~ , ~~5'O ~ -i, g. f,~. : ~",: c! ~ c! ~ : ~~ g" aiB~~ ~~~i :e'E. ~:I ~~:5 8'Ci5~i 220"'::: !..!.i ~... cuCij- 'c~S~-~ ': 1::1::'Ei5 ~j~b :biB :i~!t~'~~~~~E~ '~cLc~I.~_o ~5~c c' ~ mm~cgl bWOcu~ ~iu ' _ EE~Ee~.e m ~~_& ._~~~~, ~ ,~,~,~~ _~_m-~m~~ w~cE~ ~=~m_~ -m ,_ : ~~~~~i~~II~fil~8~.~~i~J~ ~~ J~~~~ j =~~~~~~~~~~~=~~~~~~S~~~b~~~~~~~~f5 ~j E IS !5f~ c.1I ~:g:g€ ~i~5~.!~~ ~ E~ ~i ~~~l! ai.e.e.E ~o'" ~<~XU~O~~~~~~UO~oo~~~8<<~~~~uS~~~~~ N~ ~NM~~~~~2~~~~~~~~~=~_'~~_NNMq~~~~<mu N . ~ .. -'. :-.7- ,., NNNNNNN~~~~~ ~~ ~ '!j '" o m c ::J ~/~<f.~j~,~.~~ ~"_...."', /fill"""", ~r""'1 ; ~~'" -~ ....N mc:no ~~:;: ,<>;1 11 8111 00 ;i~ I' ~~~ O'~ '10 ,,~ ,1M" n~ :1...-) ..~ ': 'I ~-a; , ~ ;"". ,~ '''' :u5 1~ 0'" '''' '- J,,- ,.... ,~ : co. 11 0.... , ~ ,- :g1 :m '0 :1 0'" !lil ire ,~ :N 11 ~~ :0 '''' ,~ :0; 'M 11 "'.... ,- '0 :"11" ,.... '''' :16 :1 O~ ,~ ,~ : N~ !;l; :,,- '''' II ~~ " :j ~ i I i C!~C!~~ '9~ , "'1 !lll i l!; ~ '" '1 ~~ ~1 ,0'11 , , .l!; E '" m ~ Q ~ c ~ "'If ~ '" .e ~ i! ~ .. ,; '" ~ : a ~ ~.~ "E~"6 ~.g -f E~ ai ,g.~ ~ ;;;d ,--:: ~ .~ ~ '0 ~~ ~H 1!! ~~l& itC") ~ : E ~ ~ c-~ .~ ~ q e~ o~.. iid ~ !1jj'g JL~ :E ~NP:ls?O> ~;:~~~~ (")(")(")(")(") .~,,- ~~ AnnualStatemenllortlleyearZOOOoflhe Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT PART 4 - EXPENSES 1 ! I Loss Adjustment i Expenses 2 Other 3 4 Underwriting EXDenses Investment Exoenses Total 1. Claim adjustment services: / a, DirecL............................ ...,.. . 'm............. .........."........".......".."......."......................" '" ............9.482,705 .",,,.....,,.............,,".,,.... .....,,,.....",,......,,............ b. Reinsurance assumed....."....."..........".. m..."......."....."""."...................""...",,,......... ........".......".4,577,498 ""..."........,................." ,,,......,,.....,,.,,................ c. Reinsurance ceded.."..... ..."". ,,".... ..,.. ...... .n.... ..".. ",...... ........ ",,,.. "..... ........ ....... ...m"....' . .....".. ".... "..9,954,143 "...".."...... ..,,,..... "..".." . ""'m,,.""'"'''''''''''''''''' <I, N.t claim a<ljustmentseevices (a. b - c).......,........,........,..................,.......,.......,....,.. ...... ..,.,.,.............4.106,060 ....,............................,0 ..........................,.......0 2, Gommission aru! brokerag.: a, Direct excluding conong.nl................................,.......,....................................,......."........' "................................... ............,.....29,121,261 ......."..../...,........."....,... "..........""..29,121,261 b, R.insurance assumed ex.uding conlingenl......"...."" ...... "............. .......', ......" ....,:........, ..."....", ......, ....,.." ......,,, .................,16,049.839 ...' ..............." ................ ."'" ........... ,16,049,839 c, Reinsurance ceda<l excJuding con'ngenl...............................,....",........,....""....."......,.... ,,,....,.............,,.............. "..,,,...........29.795.854 ......,........"....",'....."..." .""....,.......,29.795,654 d, Gontingent- direct......"..."..........."......""...".".........................,.."....,......"..."".......,....".. ..........,..............""..."... ".............""...".,,....,..... ",................"".........."" .",,,...........................,0 e, Contingent - reinsurance assume<l........., ....... ........" ................"", ......"............... ............. '...." ...."" ....,.., ....." ......' .." ....."" ....,.." ,,(18,575) ........ .......... .."..... .......... ..' .......... "......,..(18,575: (, Conting.nt- rei_ ce<led..............."........................"........"......".....................,....... ..,,,....,........................... .................".................. .."................................. ...."..,......................",0 g, Policy and memberilIip tees"....."..,....""..........................,..................,............................ '..",................,............., ..................................... .........................,........... ...".............................0 h, Net commission and brokerage (a.b - c.d.e - I. g).....,......".................................... ..................."......."....0 "...............,15,356.671 ..............."........,.......,0 ..................15,356.671 3. Allowances 10 managers and agents."...........".......".."...,.."",.....,........""",...."."...""....".." ....".."'........."""..".."... ..,,,..............................,, ......."........"......".......... ...............".................0 4, A<lvertislng....,.... ................., "......, ............., ".............., ......, "..................., "..................., "......, ..... "............ ........2,052 ................ "....,303,789 ........... "........................ ........ """".." ..,305.821 5, Boar<ls, bureaus and associations""..." ""."."."......"..., ".".."..... .............. "....".............."..." ...."."...... ""'" ..,85.114 .., ................",,270,953 ""......,,, "....."".".......... ......"".. "......' ..356.067 6. Surveys and undelWoting repO/lS""..."...."..."..."."".."."......................................"....,........., ..........,..............20.951 ..........."..."....,766,588 ..................................... ,......"...."......,,787,539 7. Audn of assura<ls' records........................................................................"........"....."..........." ..........,...............,.......... ......................,153,913 ......,..,........"................. ..............."......153,913 8, ... .............,,,9.482,70 ""..."""..,....4,577.49 ..,.................9,954,14: .....""..........,4,106.061 9, 10, II. 12. 13. 14, 15. 16, 17, 17A. 18, Salary and rela1ed nems: a. Salaries"....... ........................................ .............................................."........... .................. ....................4,147.421 b. Payroli taxes............,.....",..........,....,.....................................,............................'.......,...... .......................324.612 Em~oy.. relations and wellare...........,.....................................,......................"............,......., .......................636,547 insurance..... "............. ........................... ...................,.......................................... ......".".....".. ......"..""......"...27,689 Directors' fees.....,................"."........,...,.......". .,...".............."....,..,.......,....,'.......,....,....,..,...... ..".,..,......."..."."........... Travel and travel nems.................,...... ..................."........ "............................. "........".....".."" .."".""""""",,367.123 R.nt and rent items......"......., .."..."........""" "..."....."......"..."..............."..."""............., "...". ......"...............243.488 Equipment........................."......................"..."."......."""...".."...........".."......"........""......."........................523,704 Printing and stafion.ry".."."....,..,......."........................................",....",........,..,.",......',...',.., ,...,....,......."."...67.466 Postage, Jelephone an<ltelegraph, exchange and express..................................................... .......................284,551 Legal and audffing.................................................................................................................... .........................44 010 Totals (Lines 3 to 17)............................................................................................................... ....................6,n4,928 Taxes, licenses and fees: ...................,6,498.942 ......."..............487,082 ...................,1.147,226 ............... ..........20,845 .........................62.585 .......................422,141 .......................784.757 ....................1.036,236 .......................329.486 ....................1,184,677 .......................349 142 .................,13.798.342 ........................,59.093 ..................10,705,456 ...........................3,368 .......,...............815.082 ...........................5.734 .............."....1,789,507 ..........,.................,...71 .......,.................48.805 ................_................... .........................62.565 ...........................2,971 .........,.............792,235 ...........................3,889 ....................1.032.134 ...........................8,785 ....................1,568,725 ...........................4,490 ...........,...........401.442 ........................,..1,001 ...................' I ,~50,229 .........................15323 ......................,408,475 ......................,104.725 ,.................20,6n.995 a. State and local insurance taxes deducting 9uaranty association credits of$..........O............................................................,....................................................................................................................2.343.377............................,...............,....,.......2.343,377 b. Insurance department licenses and lees,.......................................................................... ..................................... .......................234.316 ..................................... .......................234,316 c, Gross guaraRly association assessments.......................................................................... ..................................... ..,......................41.474 ......,.........'.................... .........................41,474 d, All olher (exduding federal and foreign income and real estate)..........................,............ .........................16729 .........................29794 ..................................3 ..........,..............46526 ., Total tax.s, licenses aru! fees (a + b + c + <I)..............,..................................................... .........,..............,16.729 ....................2,648,961 ..................................3 .............,......2,685.693 18, Real estate expen56S...............................................,......................,..............................,......., ..................................... ..,...............,.................. .............................,....... ..................................0 20, Real estate faxes.....................................................,.............................................'............... .............'....,.................. ......................,.....................................................................................0 20A. Rt:imbursements by uninsured accident and health plans..........,.........."............................... ..."......"..........."........,., "........."............."......,.. ..................................... ......,...........................0 21, Aggregate write.ns for miscelianeous expenses...............,.........................,........................... ,...................,....48 845 ......................,187830 ..................................0 ......................,236.675 22, Total expenses Incu..d.................................................,.....................................,,.................. ..................10,946,562 ..................31,991.804 .......................104.728 (a)......,......43.043,094 23. Less unpaid expenses - current year......................................,.......................................,........ .................,13,123,303 .................,..1,087.126 .........................16.145 ..................14.226,574 24. Add unpai<l expenses - prior year............................................................................................ ..................12,028.323 ....................1,259,285 ...........................9,115 .................,13,294.703 25, Amounts receiVable relating to uninsUl1lll accident and health ~ans. prioryear..................... ..................................... .......,'.......................,.... .............,....................... .................................,0 26. Amounts receivable relating to uninsured accident and health plans, cIJITem year........."...... ......................"....."'..." ......,......"....",.... .......,.. ...............................".... ...."........................"..0 27. TOTAL EXPENSES PAID (Unes 22 - 23.24 - 25. 26)........,............................................... ....................9.849,562 ..................32,163,943 .........................97.696 ..................42,111.223 DETAILS Of WRlTE~NS 2101. Miscellaneous Expense..................................,......................................................................, ..." ................. ...47.696 ..'......' ........ ....,187 .825 ....................,......."....... ...........,...........235.711 2102, Contributions........,....",...............................,.............."...,.......,...........,....................,............... .............................~59 ..................................5 ...............",.........,......... ....................,.........984 2103, ..............................................................................................."................................................ ..................................... ..,.................................. .............."........,............ ..............,...................0 2198, Summary of remaining write--ins for Line 21 from overflow page,..........................,................, ...............,..................0 ...................,...........,..0 ,....................,............0 ...,...........",........,..".,0 2199, Totals IUnes 2101 lhru 2103 oius 21981 (Line 21 aboveL.............. ....... ........ ....... ........ ........, .., ......., .............,48,845 ....,..................187,830 ",........,......................0 ..........,..,.........236,675 (a) lociu<les management fees 01 $..........0 to affiiiates and $..........0 to non-affiliales, 12 -'Iill , Annua!StatelTlllnt for lhe year 2000 of the Erie Insurance Company EXHIBIT 1 . ANALYSIS OF NON.ADMltTED ASSETS AND RELATED ITEMS 2 3 i End a! I End of I Changes for Year i I Current Year Prior Year (tncrease) Decrease , , 1, Summary of II ems Page 2, Lines 10 to 15 and 17 to 19, Column 3...... ........... ............ ......... ...................... ....157,739 ............. ....... ,..166,796 ........... ....9.057 .2 Other Assets: 2,1 Sills receivable, not laken for premium. .............................................................""..........."...... .........................................,..... ..."..,..........',........................... ........,"'........",............",......0 2,2 FumKure, equipment and supplies. ........ ............,..."" ........ "....... ......" ......... ........ ""..,.. ....... "...... "'."............."....................".... ............................................... .....,..,....................,............,,0 2.3 Loans on per.sonal securily, eMOI1led or ooL..................."'..,........"'........................................ ......................."...................... ............................................... ............................,..,...........,0 3. Total (lines 2,110 2,3) (Page 2, Line 20, Column 3).............,............................................................. ..........................",...............0 ......,....................................,0 ..........................".............,..0 4, Ag9regate write-ins forolherthan invested assets (Page 2, line 21, Column 3)................................ .....................................9,261 .......................................,250 ....................................(9,011) I 5, Aggregate write-ins for relaled Rems..,...........,..........,........,..................,.............................................. ........,.................,.................0 .,..........................................0 .....,...........,.............".........,,0 6, Total (Line 1 plus Lines 310 5)..............................................................."........................,................." .................................167,000 ........... ..........,.. ,........ 167,046 ..............................,..,.......,46 0401, Virginia Premium Tax Crecfit.......... .......... ,................... "........ ....".. ........ ".....".....~, ........." ........ ........... .............................,.......9,261 ......................,.................250 .................................",19,011) 0402, ...................................,.,..........,......................................,.........................,....,...................................... ......................-....................... ............................................... ........,......,............................0 0403, .....................,.............,.....,......,................................................,.......,.,....,.,....."......"........,.,........,....... ..............................",......,....... .........................,.........".."...... ...................................."......0 0498, Summary of remaining write-ins for Line 4 from overflow page.....................................................,..... ............................................0 ............................................0 ............,..,.............,.........."..0 0499, T DlaIS ILines 0401 Ihnl 0403 ofus 0498) (line 4 abovel......................................,.............................., ......",.........................,..9.261 ........................................250 .............................,....../g 011' 050t Loans on company's stock........................................................,......................,.. .......,....... .................. .....,............,............".............. ,....................,......................... .......................,..............",...0 0502. ..................,.,..,..........................................................................................,.......................................... .....,....................,.................... ................................,............,. ...........................................,0 0503, ................................................................."........"................................................................................ ................"...,...."......"'....~.. ....................................."........ ....._..............,.......,............0 0598. Summary of remaining write-Ins for Line 5 from ovel1low page........................................................... ............................................0 ............................................0 ..............................,.............0 0599, Totals (Lines 0501 thnl 0503 oIus 05981 (Line 5 abovel...................................................................... ............................................0 ......................................,.....0 .......................,..",....,..........0 DETAILS OF WRITE.INS 13 '1,,__"'4 '" - " - , .."',;nnual Sti.l!ement forlhe year 2000 of the Erie Insurance CompaQY EXHIBIT 2 - RECONCILIATION OF LEDGER ASSETS I 1 I Currenty ear 2 Prior Year INCREASES IN LEDGER ASSETS I ..,...................... ........,.,116.404,037 .. ..,107,000,080 ....,."......".....,..,.. ...."......"...... ".......15,663,563 "......"........... ,.......14,331,351 ,..,.."..'....,.....",......,........,.... '......,........... ......, .........,.................606,883 ......,........"............"....362,318 1. Net premiums written {Part 2, Line 32. Column 1).......... 2. Interest, dividends and real estate income received (Part 1, Une 9, Column 3)... 3. From sale or maturity of ledger assets (Part 1A, Line 9, Column 2).............. 4. Other income items or increases, viz: ., AgenlS balance. pre,iously ch.'lled off..............................., .....,.........,.....'"......"......,......',.......,....................,......."............. ........",.........,..........,1,033,1)31 ,........................,.........835,842 b, Remiltances from home office to U.S, branch 19ro..)..,......,...............".....,......."......,........,......,.....................................,......' ..,.......,......'........,...................,.. ......,.........",...........,........,..,...... c. Funds held under reinsurance treaties (net)......""............"...,.,..........."'",.......,...................................".......,.....,,,,,.....',,..,...' ,...............""............................. ......................................,........" d. Borrowed money (9ross)................ ................., .............." ......' ....... ......., ......' ........ ....." .......... ,..,... ....,.., ...... .......', ...... ......... ....., .......... ......... ........, .......... ........... ...... .........,... ......, .........., ............ e, Amounts w~hlleld or retained for account of othe.. (neij..................................................,...............,...................................... .....................................22,647 .............................,.......31,423 f. Ag9reg.te write-in. fo, incre.... in ied9.r as.e1s................ ,..................... ........, .....", ....." ......, ......... ................ ........ .............. ..............., ,...............2,849,602 ........... .......,.... .........4.003.481 5, Adjustm.nf in book ,.Iu. ofl.d9.' a...ts (Part lA, Un. 9, Column 4)..................."......"........,.....,............,..........,...............,..... ............,.........................."........ ................................................. 6, C.pltal p.ld in IPa9. 4, Lin. 24.).................................................................................,.......,...... ..............,.......,........,.........' ....,........,........................."........ ...........,.........,..,........................ 7, Surolu. p.ld in (pag. 4, Lin. 25.)...........................................,.............................,......"......,...... .......,.......,..,....,................., ...,'............................................ ..............,...................'.............. 7 A, Surplus notes (Page 4, Line 23A)............ ................' ........, ...............................,...., ......., ........,...... ........, ....... ......, ........ ........ ........., ......................... ........................ ... ............................... ............... 8, Total (Unes 1 to 7 A)....................... ........................................................................................... ...........:.......................................... ............................136,604,763 ................... .........127 ,314,495 DECREASES IN LEDGER ASSETS 9, N.tloss.. paid (P.rt 3. Line 32, Column 4).........................................................................................................................,........, ..............................74,001 ,602 ............................,,67,256.650 10, Expense. paid {Part 4. Line 27, Column 4)..................................................................................................,.......,......................... ..............................42,111,223 ..............................39,398,700 lOA, Inl.rest expenselP.rt 1, Line lOA)...................................,............................................................................................................ .........,....................................... ..............,.................................. 11. From s.l. ormaturi!y of ledger ass.ts 1 Part lA. Lin.9, Col. 3)...........,........................................................................................ ...................................126,483 ...................................109.174 11 A, Surplu. notes (pag. 4. Lin. 23A)......" ................................................................... ......, .............. ....... ............................................ ................................................. ......................................., ......... 12. Other disbursement items or decreases, viz: a, Agents' balances charged off.." ...........' ................., ....................... .............................., ............. ......... ........ ,............... .............. ................................1,289,752 ............................... ,1.051,095 b, R.millanees to home office from U,S. branch (9ross)....................,............................................"........,.................................. ,................................................ ,................................................ C. Funds held und~r reinsurance treaties (net)..........,,,...,................,,............,,..,,.........., ......, ...,..". ........ ,,,,, ......." ....................... .." "..,,, ,........"....."..................., . "........".............. ...................... d. Borrowed money (gross)........................................................................................................................................................... ................................................. .. ............................................... ., Amounts wifhhtlld or retained for account of ofhelS (nel)..........................................., ,..,...... .................................................... ................................................. ...... .............................. ............. I, Aggregal. write<ns fo' decreases in ledger _ts...........".................................................................................."................., ......................"......................0 ..............................................0 13, Adjustm.nt in book value of ledg.' ass.ts (Part lA, Line 9. Column 5) and depreciation (Part 1, Lin. 11 ).........................."...... ..................................."............ ................................................. 14, Federal and foreign income laXes paid.................................................... ....., ..............., ................ ..................."" .......................... ................ ................1,443,212 ..............................,,3.193,112 15, Di,idends paid slllckhold.IS.....,........................................,........................................,.................................'.....................,........... ................................................. ......................".............'........... 16, Divid.nds 10 poiityhold... on direct business, less $...:,4.016.257 dividend. on rein.urance a..um.d orCed.d (n.I)....".......... ...................................500,403 ...................................576429 17. Total (Lines 9 to 16)..............................."........."................".........................................................,.......,......,............"................... ...........,.........".....119,481.675 ............................111,585.169 RECONCILIATION BETWEEN YEARS. 18, Amount of iedg.r assets a. pe' balance December 31 of prto, y..r..............,.............,................................................................. ............................218,053,345 .........................,..202,324,019 19, Increase Of (detrease) in ledger assets during the y..r (Line 8 minus Line 17)........................................."................................. ..............................17123088 ........."..................,15,729 326 20. Balance . led er asse1s Decembe' 31 01 current .ar.....,,,.........,...................'''............''............................................................. ....,.......................235.176,433 ............,...............218.053,345 DETAILS OF WRITE.INS 04101. Payabl. to Parents, Subsidiaries & Affiliales... ..................... ............................ ................ ..................,................................,.......... ....,......... ..........', ......2,091,839 ... '........ ....................3.997 .516 04102, Premiums Received Before Renewal..,.............................,.................."....,........................"...........".....................",,,.................. ....., ........, ........,.... .......709.368 "......"...............................,....... 04103. M~cellaneous Income.....,....................".........................................................................................................."..,...........,..........." .............., ......................48,395 ..........,.............,..............4.814 04198, Summary of remaining write.ins for Line 4f from overflow page..........................."......"........,,,.................,,,,...,,,,....,...,......"....".. ......................................,......,0 ....,..........,,,...................91.151 04199, TofaIs (Unes 04101 lhru 04103 olus 04198\ (Line 4f ab01lel....,....,.........................,,,....,,....,,,................................................"....,.. ,...............................2849,602 ...................,............4 093481 12101. "'''...mm...................".............".........,.,..............."......"......................,,,...,.......,...........,....,,....,.........,."....,.........."......"....,.',....", .."............................".."......"", ................"...................."......... 12102. ...................."..................................,.....,....................,...................,,,...,,...,,..................,,......,,,.....,,..............,,....,,.......................,,. ......".............,................."........ ........."..........."......................... 12lO3, ...................................".................................""..................."'....."........."'.."........"..."...........".......,........................"....,......"....,. .......,..,...,.................".......~,..... ........."...................................... 12198, Summary of remaining write-ins for Line 121from O1I.rlIow pag.............. ......., ......" ...., ...., ..........., ".., ....... ........" "...., .........."....... ..............................................0 ....,..........".............................0 12199, Totals {Lines 12lO1 lhru 12lO3.,us 12198l1Lin. 121 aOO'.I..................................................,.......,............................................... .....,............."....................,....0 ....".........".............................0 14 '-,'1g"", ~, ,n ~I ~ -:. ~ . "7', -Cf,;, \--;-, "..\.1.0, &' I'I<!!! ~ -~ " .'" '-.~-:;: ',' ,", '-, -',1 H~l!j, : , ~ -7"'c\> .0 , -l-..," .0 U 0-:r--:/ Q) ~ \0 .;1. ~ ~ "'.~ o~ yt % .',' <::) -'6 ~ r- cy ',.(',:, ~ 7:. /.. :~-....\ ,o.L -;~'\ :;:::e;; '. ,~) - "-, :;.:.0;, .-- ..-'.'~ -"--;., ~'''''" ""''''7",__4~~~~~I~''''HF''",'',1j:l>I"'~''';Ti''!l,'''''Q''!ty.."."r;,;y;"~"y,',,"'~nffiii>1~"!I;;'~1';W'\{in<l,''''''i'~N'i'']Si''''frl'Wll','itflG1f')!\Il\!\!'lilW"'JIl!l\Wri!