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HomeMy WebLinkAbout10-2269?o - aacq C.w j -)erm Nc °9q COMMONWEALTH OF PENNSYLVANIA O-~E44701 of? N`+v' INSURANCE DEPARTMENT Harrisburg, PA April 1, 2010 Whereas, the ERIE INSURANCE COMPANY, located at Erie, PA, has filed in this Department a certified copy of its charter and a detailed statement of its Assets and Liabilities, and otherwise complied with the requirements of Section 661 of the Act of Assembly of the Commonwealth of Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating the Law &c.," approved the 17`h day of May, A.D. 1921, as well as with the requirements of the laws of this Commonwealth applicable to such company in doing business herein. Now Therefore, I, Joel Ario, 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 Q authorized to become and be accepted as sole surety on all bonds, undertakings and obligationsf q 9 J uiRd of'I :r- permitted by law or the ordinances, rules or regulations of any municipality, board, body, organizati 0`11, or s public officer. ?i In Witness Whereof, I have hereunto set my hand and affixed my official seal, the day and year first above written. Insurance Commissioner 4I(o.0o PO M-r 113488 0 a39a*9 Er i-17M. Co PLFF PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION • 2! 2. 3 2 0 0 9 2 0 1 0 0 1 0 0 ANNUAL STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2009 OF THE CONDITION AND AFFAIRS OF THE ERIE INSURANCE COMPANY NAIC Group Code 213 213 NAIC Company Code 26263 Employer's ID Number 25-1232960 (Current Period) (Prior Period) Organized under the Laws of the State of PENNSYLVANIA State of Domicile or Port of Entry PENNSYLVANIA Country of Domicile U.S. Incorporated September 11. 1972 Commenced Business January 1. 1973 Statutory Home Office 100 Erie Insurance Place Erie. PA 16530 (Street and Number) (City or Town, State and Zip Code) Main Administrative Office 100 Erie Insurance Place Erie. PA 16530 814-870-2000 (Street and Number) (City or Town, State and Zip Code) (Area Code) (Telephone Number) Mail Address 100 Erie Insurance Place Erie. PA 16530 (Street and Number) (City or Town, State and Zip Code) Primary Location of Books and Records 100 Erie Insurance Place Erie. PA 16530 814-870-2000 (Street and Number) (City or Town, State and Zip Code) (Area Code) (Telephone Number) Internet Website Address www.erieinsulrance.com Statutory Statement Contact Dewey A. Gantz 814-870-2000 x2785 (Name) (Area Code) (Telephone Number) (Extension) Dwayne.Gantz(a-)erieinsumnce.com 814-870-4040 (E-Mail Address) (Area Code) (Fax Number) OFFICERS EXECUTIVE OFFICERS President & Chief Executive Officer. Terrence William Cavanaugh Executive Vice President, Executive Vice President & Secretary & General Counsel: James Joseph Tanous Chief Financial Officer: Marcia Ann Dail Executive Vice President: George Raymond Lucore Senior Vice President, Treasurer & Executive Vice President: Michael Stephen Zavasky Chief Investment Officer. Douglas Frank Ziegler SENIOR VICE PRESIDENTS Jeffrey William Brinling Louis Felix Colaizzo Eugene Charles Connell George David Dufala Lorianne Feltz-Upperman Cheryl Arm Ferric Gregory John Gutting John Francis Kearns Christina Marie Marsh Eric Alan Miller Matthew Wayne Myers Timothy Gerard NeCastro Randall Thomas Peterman Eric Douglas Root Douglas Edward Smith Gary David Veshecco Christopher John Zimmer REGIONAL VICE PRESIDENTS Timothy Gerard Maher Mark Kevin Banks Ronnie L.ee Chamberlain Douglas Norman Fitzgerald Richard James Hinman Charles Thomas Longua Lisa Ann NeCastro David Joseph Rioux William Arnold Stevens Caml Sue Weirich Paul Steven Marc Cipriani Charles Michael Fletcher James Gerald Horvat Terry Lee McConnell Karen Barbara Palmer Ann Kannazon Scott James Patrick Stoik Richard John Wisniewski Ross Clark Fonticella Karen Kraus Phillips Karen Jean McEnery Bence Edward Peterson Karl James Shearer, Jr. James Thomas Timm Christy Spencer Yousefnejad DIRECTORS OR TRUSTEES Terrence William Cavanaugh Marcia Ann Dail Thomas Bailey Hagen, Chairman James Joseph Tanous Michael Stephen Zavasky Douglas Frank Ziegler State of Pennsylvania / SS County of Erie ! James Michael Carlucci Sandra Isabel Dorsey David Vance Freeman Raymond Edward Leeds Robert Fredrick Morgan, Jr. Margaret Ann Porter Karen Ann Skarupski James Edgar Weaver Daniel James Zdunski George Raymond Lucore The officers of this repuning entity being duly swom, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions there from for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: ( I ) state law 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 information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described otficers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic riling) of the enclosed statement. 'fhe electronic riling may be requestoTbous regulators in lieu of or in addition to the enclosed statement. d Twrzrrc,? Terrence Willi Cavanaugh es Joseph T us, Executive Vice M a Ann Dail, Executive Vice Preside & CEO ident, Secretary & General Counsel President & CFO VICE PRESIDENTS Bates James Melvin Brown Richard Walter Corbin kw.alStywrwsbrswpw2ooqutft Erie Insurance Company ASSETS Net AdmlEed Nonadmftd Assets Net Assft Assets Cols. 1 - 2 Admbed As 1. Bonds (Suduedae D) ._. 396.603.147 396,603,147 354.99 2. Sbda (Sdtedu ie D). 21 Preknedsbcks..._........_ ................._......... .......... .....,....... ........._................. .. ............. ...14.262.211 ....... ....... ...... 14,292,214 22.67 99 rv,n kilt Jm.._ ...__.....22.049,912 ... ....___._.._22,049,912 .._-............19,93 0 ....... ...................._.0 _................ _. . .... ....................... 0 0 ....................... .................7,381.259 .................18.7 0 ....................... ..... ..............................0 .............. ......................354.392 ........................1 10. SWAMis. cash and' , ', d aae% (lines / to 9) ........................................................... ..............440.670.924 .................................0 .............440.670.924 ..............41" 11. Title plants less f...._....0 dwged o6 (for Tie bsuers any) ............................................................................... .................................... ............ _................. 0 .................. ...._ 12. lwasbiwd span due and amued ....................................................................................................5.241.646 .................................... ..................5,241,646 ...................40 13. Pamwnr and conrdewion: 131 lJrpotbcbd and epeftts'WleruasbsouseofOalaGt1a11 ..... .. . .... .................44,827,397 ......................266,250 .................14.541,147 .................462f ........ p 13.2 Deland Waimia, spats' balefba and irt*twuts booked bus ddamd and not yd due (kgkp tO 5..........0 aenrd bul unbied pmfrwmr? ..................... ..............129,016.891 .......... 13.3 A=uedtabospedNepwwne.....-............. ........................__...................._....... .................................... .._...... 14. Resaaatae: 14.1 Amounts mooven6b iam takweos ..................................................................... ................ ll.M8 .......... 14.2 Funds held by or deposled wlh t ii -, companies........................................... ...................1.206,979 .......... 14.3 Olw amaatb recaivaltle under rakes ranee camada ........................................ .................................... .......... 15. Amounts rKew" tds" b uwwaed plan ................................................................ .................................... .......... 16.1 Cutmrd lederd and benign ium - tax Ie00Yarahle and iterset tltera ........................ .................................... ......... 162 Net defamed tax asset ...................................................................................................... .................10,602.697 ......... 17. Guara q kinds reownWe or an deposit .......................................................................... .................................... ......... 18. Elecbauic daft pftx A 11 epupnwq and saftwe ......................................................... .................................... ......... 19. Funibm and equpnnt, ipYt I 1raMn cafe dd M mats (f..........OG .................... .................................... ......... 20. Net adjurbwt in saw and laban due b buwign esdwW rams, ........................... .................................... ......... 21. Reosirables from patent, suixMiMes and afoola ......................................................... .................................... ......... 22. NeaMt am (5..........0) and alter amoutb reoaiveMe ...................................................... .................................... ......... 23. Aggragab wf A4ns fa odw lwt bwaebd assets ........................................................... ...................... 21. TOM aaeb exdusftg Sepwab Acme t Sapfapaed Accounts and Pmbcbd Cal A=" (Liras 10 to 23) .......................................................................................... . ..............631.935,141 ......... 25. From Sepnab Accounts. Sep agaled Aon to and fiebrbd Cal Accounts, ............. ................................... ......... 26. TOTALS Wass 24 and 251 ........................................................... ............. ...................... . ..............631.935.141 rerreurr ...._., .............129.018.891 I ..............131,6 .................................o ....... ............... _ 61618,774 .............. 625,086.368 ..............610,1 0 ............... ....-- DV -_........ 0901...._ ...............__.........._....._........................................................._................................. ............................... .... ........... ._............ 0 ........... 0902 .......................................................................................................................................... ............................... ............................... .......................... 0 ..................... . 0903 ................................................................................................................................................................................. .................................... .................................0 ...................._ 08811 Sunwy of snaking wriWn for Line 9 from awlow page. ....................................... ................................. 0 .................................0 .................................0 .................. _ 0999. TOW ILMM 1 on ow am 060 k1le 9 4bowl ................................................. .................................0 .................................0 .................................0 ..................._- 2301. Pmmiun Tax Craft ...............................................................................................................................337.662 ................................... .... ................ ..337,662 2302.OlwAcmutlReakrble .................................................................................................................................... ................ .......... ...................... .........0 ........... _ 2303. Equ bw and Depoei4 in Pools and Assodabar ......................................................................................15,107 .................................... .......................15,107 ................ - 2398. Sumwy of ramaiu q wf 4w br Lin 23 from oarlar pop .......................................................................0 ............................ 0 .................................0 .................. ._ ToWk (Linn 1 twu 23M 06A 2396) Hine Z3 abo%Vl ...................................................................... 352,769 ..... .................... .......0 ...................352769 ..........._...._ A.W%r.mamreryar2009db Erie Insurance Company LIABILITIES. SURPLUS AND OTHER FUNDS 7.1 Cumnl kdaral aM brerpn aroorrre taxes (ardrdig $.....8124,822) o rmYrad aepdrpawn 111 71 Md',I adtoimbiV ........ ...... .............. ................................................_..... ...__...... ...... ....................... 1. .............................................................................. Loan (Part 2A, Line 35, Cahn„ 8) ........................................................... .... ....... . ..... 142.499.378 . ..... ..... ....... ...........149.851,004 2. RUMMUro papabb on paid bean and loos a expernn (W ed ie F, Part 1, C*mn 6) ........... ...................... .... .....................63.904 ........ ....................61,066 3. Lou adjssmn@ M expenan (Part 2A, Lna 35, Calm 9? .............................._....................................................................... ......._,... .................... 27.393,476 .... ............. 25.953,430 4. Commosm payable. oM*n9W aommilw and atw sMft riwgw ........................................................................... ............. ........................................ ........ ................................. 5. 08w egwar (exr>7rdrrg hen, loenses and bn) ....................................................... . .....................19.67 ....... ...................... %,525 6. Taxn, fooee ard (an (eadudirg kdaal and las9n mmOW WM) ................................................................................ .......... ._..._...............1,689.729 I ........ .... .......__1.254,149 879536 .... ................. & Ag , ,marry5.......... 0endYMarestlMM $..........0 ................................................................................................................... 9. uno nred pwrAws (Pan 1A. Um 38, Cokmn 5) W ds&m*v urrmd Pwnk w for ceded r lmKwu Of $....107.927.804 and ndd ng wmardy rnarn d $.........A) ......................................................................................................... . ....................76.896.516 ......... ............74,743.838 1.793.974 ......... . _...........1,686.646 11. Oiriderds ' ' ' and urpeid: 11.1 Slodd oldw& ................................................................................................................................................................................ .. ......................................... ......... ................................ 11.2 PO6cyhddan ................................................................................................................................................................................ .. ..........................101.960 ......... .................131.182 12. Ceded minrrarre p axims payade ON Of cubM mnnbanna) ................................................................................................. .. ...................128.712,685 ......... ..........130,707.676 13. Fwds held by =npmy wider m wwm Yadas (Scl e" F. Pan 3. Cok m 19) ..................................................................... ... ......................................... ......... ................................ 14. Amomb wi 6 W or r - I - by aompany for aaaoM of dlrra ...................................................................................................... .. ..........................512.646 ........ ..................474,463 15. Ramdwm and Ibro not ebobd .................................................................................................................................................. ... ..........................321.892 ........ ..................329.079 I& Prarbim for momince (Selo" F. Pan n .................................................................................................................................. ... ......................................... ......... ................................ 17. Net a*wmw e in auaef and tieb ibn due to (deign aclumga rMw ........................................................................................... ... ......................................... ......... ................................ ........................................ .. ....... ................................ 19. POW* 10 Parer , auheidin ise and yyYge6 ..................................................................................................................................... ... .....................12.665 572 ........ .............15.229.709 20. Payabblor»oaNea .......................................................................................................................................................................... ... ......................................... ........ ................................. 21. Wi ty for amo nb held under uirwred plew .............................................................................................................................. ... ......................................... ........ ................................. 22. CepiW nol s $...........0 and nbm I I - K $..........0 ....................................................................................................................... ... ......................................... ........ ................................. 23. Aggagft wibin for bbft& ........................................................................................................................................................ ... ............................41 ........ ..............................0 24. TOW Iebilee axdudrq pnlbrJed of Yebom (Una 1 No* 23) .............................................................................................. ... ...................393.592901 ........ ...........400.822.346 25. Pmbcled cd lebi m ....................................................................................................................................................................... ... ......................................... ........ ................................. 2& Tod ltliln (Lima 24 and 25? ....................................................................................................................................................... .... ...................393 592 901 ........ ........... 27. AggMgWA wdlsir for apecol swpls hrrds ................................................................................................................................... .... ......................................0 ........ ..............................0 28. Comm cepiWMock ....................................................................................................................................................................... .... ......................2=000 ....... ................2,350.000 29. Premed rapid slodc .................................................................................... ................................................................................ .... ......................................... ........ ................................ 30. Aggregele writ-m for of er two Wecol u plrs lyds .................................................................................................................. .... ......................................0 ........ ..............................0 31. Supls naba ...................................................................................................................................................................................... . ................................... ..... ................................ 32. Grow pod in and coniftuled s,epln ............................................................................................................................................... .... .....................81,482.000 ....... ..............81.482.000 33. Unowined Mrds (awpls) ................................................................................................................................................................ ... ....................147.661.467 ....... ............125.695.114 34. Len traeetry sbd, at cot 34.1 ..........0.000 stores common (wle prided in Uw 28 S..........0) ....................................................................................... .... ......................................... ........ ................................. 341 ..........0.000 show prel, - (wpm nridad in Lim 29 $.........10 .................................................................................._. .... ......................................... ........ ......._........................ 35. Swpls n mprda pdghabn (Lure 27 lo 33, Im 34) (Pape 4, Lim 39) ................................................................................. .... .................... 231,493,467 ....... ............2(M 527114 3& TOTALS (PW 2 Lim 26. Cal 3 ................................................................................................................................................... .... ....................025,086,368 ....... ............610.349.480 M. WM Camfm Prhrate Pwemgar AM Fsaoe .................................................................................................................................... ............. ...............12,499 ......................................... 2302 OW Acmmb Payabb .................................. ...29.067 ......................................... ....................................................................................................................................... . ......... .............. ........................................... ......................................... 239& Summry d rmisimg wnrir for Line 23 from oarbw page ................................................................................................................................................0 ......................................0 a r +i T. i`. ...................................... 2701 ............................................................................................................................................................................................................................................................ 2702 .......................................................................................................................................................................................................................................................... . 2703 . .................................................................................................................................................................................................................................................................................................. 279& Swmwy d rmwin- wMe4r4 for Loa 27 bm ovular pepe ................................................................................................................................................0 .......................................0 3001 . .................................................................................................................................................................................................................................................................................................. 3002 .................................................................................................................................................................................................................................................................................................. 3003 ................................................................................................................................................................................................................................................................................................... 3008. Summary of rei w b wn*4m for Lre 301om or- 1, page ...............................................................................................................................................0 ......................................0 3 mwaswm.mbnelenmoivre Erie Insurance Company STATEMENT OF INCOME 1 1 2 UNDERWRITING INCOME Curmm Year Prior Year 1. Pranmis earned (Part 1, Lire 35, Coi u n 4)... .. ........ .......... ....... ..... 190,907,087 .... ............. .166.701,C DEDUCTIONS 2. Lossesinaved(Part 2,Line 35,Column 7) .............. .............. .... ........._.... _..__.. _......... ..._.. ...... ._................ .110.867.581 .... . ...........106,004.. 3. Loss adhaYroMexpanssroared (Pw3,Line 25.Cdrnnl)_........ _.._..._ ........ ...................._..___....._.. ................. .......21.361. 21,361,451 ...... .................. 18,569 4. 09w uuiaw&q apases waned MW 3. Line 25, Co1rm 2) .............. .................. .......... .....................,......... ,..... ...... .. ........... _......... 53,107.534 ...... ....... _.........51.426.' 5. Aggregabwia-weforurmkw*VdKkxborn ............. .................. __.............. _...._.... ._............. ....... ............ ...... ......_ _..............._.....__.100710 ..... ................. .171 6. ToWrmderw"dedudiom(Lina2tlaocgh5) ............._......_...-._........._...........-..........__....___...-__.................... .__._ _.....____......185.437.337 ..... ..... .... ...... 176.171,. 7. Net aroaee of pmbcted oafs ........ .............. ....... .... ..................................... ..-....... _..... _...... ..... ........ ..... ..... .... ....... 8. Nelrmdetwib gain (bas)(Line lminus Liee6plus Line 7) .............. .............................. ....._...._............ .... ........._ __..... ....... ................... 5,169,150 ..... ..............._...12,529: INVESTMENT INCOME 9. Net mmrnent xwne earned (ExhN of Net Im"ome t kwon W Line 17) ......................... ................... .._.......... - ........ ...... ................ ........ 5.538,219 ..... .............. ....23.250, 10. Net maimed capiW gains (lasses) Isar aptW gains tax of S.......... 0 (Exhnit of Capita Gains (loaea)?....._ ................ ......... ........................ 4 171 ..... ...._-........-23.729, 11. Not kwedmenlgain (loss)ILlnes9-10?......_..._................... ........._................... ................. ....................... .......... ......... ......... ......... ,.............21.496.045 ............... (10,478. OTHER INCOME 12. Net gain (loss) from agent' or p wnNxn balances defied of (amount recovered 5.....3,296.494 amount dwgeddf 5.....7.471.671) ........... .................... ............................................ .............. .................. .... ...... ........... ......... ........... .......... ..(4,175.177) ...... .......................(5741 13. Finance and senicedteWnot ndrdsdin pemrrm......._........_ ..................._........................ ............................ _.... ......... ....._._._._......_..._..._.......... ...... .........._-....... ....._ 14. Aggregate wibaebrmQalnbasincome ......... ................. ..._.......... ........ ---- ........... .._.................... ........................... .... ........_............... 102567 .............. ,............ .159 15. Tall olw - - (Lna l2 t wo gh l4)...._ .................................................................. ...................................... ................... .. ..................... .-14,072A101 ........ ........ -........... 415 16. Nat' - a bafom dividaMs b pokyhotlns, aW cW W gains tax and bsiore al olw faders) and beign % wne Wass (lino 8.11 r 15).................. ..............................................................................._....._....................................... ...... 22,893,185 ....................... _.1.636, 17. Dividends to .... .......... 60M .120 18. Net rwme, afbr &%lards to pofcytbldas afar capfal pairs tea and tabor W ofw lades) and benign home true (Line 16 minus Line 17) ...................................................................._................................................................... .._._........._..,....22.833.149 .......... ........... _... 1,515. 19. Federal and b *p ncome Woes kamed ................................................................................................................................. ...........................6 199 ........... ..............11.537, 20. Net koome(Lne18nnmsLine 19?(bLine 22) ........................... ....................... ................. ...................... .............. ._..._....... . ..,...................... 15970950 ........... ....... (10.022 CAPITAL AND SURPLUS ACCOUNT 21. Scrpla as vegans pofcyholdas. December 31 prior yaw (Page 4. Line 39, Callum 2) ........................... .................... .......................209.527.114 ........... ............115,438, 22. Net moans (hen line 201 .............................. _................ _................ ......................... ........................................ ....................... . .........................15.970.950 (10.022, 23. Net ianelans (b) from Pmtm*d Cal arcouns .......................................................................................................................... .............................................. ........... .......................... 24. Charge in net uneafeed c pdW gains or (loam) less cepilel pairs tax of 5.....(3,405.858) .............. ........... .......................... .... .._............. ....8.589,281 ........... . _..........._..(787, 25. Charge in net --fled boffin mdnage capital gain (oa) ............................................................................... _ ....... ......._ ....... ................. ................... .......... . .............. ..... _ . 26. Charge n net daknred nmme taa ............................................................................................................................................. . ..........................(6,721.573) .......... ...............11,636 . 27. Ctwge in nonednYBed cab MAW of Nonadmil ed Aaels. Line 26 Column 3) ................................................................. ..............................196,781 ........... ...............(6,738 28. Chop in pnovbien for rMnaanoe (Page 3. line 16. Column 2 nrims Colam 1) ....................................... .......................... . ................................. ........... ........... ....... . ............ 29. Change in awl" nota.............................................................................................................................................................. .............................................. ........... ........................ 30. Supke (omffbrAad b) aifrdnawn tram pmhded ask ............................................................................................................ .............................................. ........... ......................... 31. CwTwWn ~ of dwga in aoca "prnriples ........................................................................................ ...................__ .............. ._..........3.933.911 ........... ..... ...._..-...... - 32. Capita denges: 32.1 Pain in ............................................................................................................................................................................. ..... ............................................ .......... .......................... 322 Tramfen ed from auq*n (Stock De idaq) .................................................................................................................... ..... ............................................. .......... ......................... . 32.3 Twebmd to suptrs .................................................................................................................................................... ..... ............................................. .......... .......................... 33. &q*z a*mknenb: 33.1 Pod in ............................................................................................................................................................................. ..... ............................................. .......... .......................... 33.2 Traslened to capiW (Sba Dfvidend) .......................................................................................................................... ..... ............................................. .......... .......................... 33.3. Tra denmd horn capital .......................... 34. Net nenatlarroea from or (b) Hone Oft ............................................................................................................................... ..... ............................................. .......... ........................... 35. Dividends to abddroNem ....................................................................................................................................................... ..... ............................................. .......... ....................... . 36. Charge in Mmay abet (Page 3. Lines 34.1 and 342. Colrm 2 minus Column 1) .......................................................... ..... ............................................. .......... .......................... 37. AWapafe - ile " for gains and bssa in uNpls ............................................................................................................... ..... ..........................................0 .......... ......................... 38. Chop in -plus as mgada poinyleldas for the year (Lka 22 Yragh 37) .................................... ........................ ..... .........................2f ......... ................ S ,911 39. SMWa&rvWft;A'j' DeoanW 31 OAMM Yaw Pm 21 Plull Line 3a P?aw 3, Line 35 .............................. ..... .....................131.493.467 .......... ... .........209,527, 0501. LAD Program Eapersa ............................................................................................................................................ ............. ..... ...................... .........88,270 .......... ....................171, OW2. North Camine Priale Pampa Auto Esaon ............................................................................................................ ......12.500 0503 .................................................................................................................................................................................................. ..... ............................................. .......... ....................... 0596. Summary of remaking wile-ins for Line 5 from overlay Papa ............................................................................................ ..... ..........................................0 .......... ...................... Tom am 05M 111110503 mu 0501 (Line 5 ft"I ......................................................... ..... .......................................... ..... ........................100 770 ......... .................171 1101. 14ensWreors frroans ............................................................................................................................................................. ..... .......................... 32.045 .......... ......................34. M. Mboolanam Reinsurance Intone ....................................................................................................................................... ..... ............ ........ ............ 70,522 .......... ....................124, 1403 ....................................... ........................................................................................................................................................ ..... ............................................. .......... ........................... 1496. Summary of fame nq wileas b Line 14 how oerlaa Page ..................................... ....................0 140, Tolela Um 1,001 #vm / 1 Line 14 Actual ..................................................................................................... ..... .102.567 159 3701 ....................................................................................... 3702. ................ .......... ........................... .............................................................. ............................................................ ..... ............................................. ........... ........................ . 3M. ............................ ............................................................... ......................................................................................... ..... ............................................. ........... ......................... 3798. Summary of mmwwrp w la-m b Line 37 from omlow page ........................................................................................... ..... ..........................................0 AardWq ilMrerabtanpr2 offt Erie Insurance Company CASH FLOW CASH FROM OPERATIONS 1. Prmmu m aolecbd net of rMraar m .................................................................................................................................. ........ ...................195.472.530 .......... ...........168.664.679 2. NM boWneM iron . .......................................................................................................................................................... ........ ......................22.455.914 .......... ...........23.320.007 3. IAeaemeom iamane ........................ _....................................................................._................._....................................... ........ ..............._ 14.072.61 0 ......... .................. 415 4. TaW (Linn 1 through 3) ........................................................................................................................................................ ........ .................. 213.855.893 . ......... ........... 211, 589.327 5. BMS11 and IM related Pry'"MW ........................................................................................................................................ ......... ....................112.023,235 ......... ... i10,240,9W 6. NM tarrelart b SepuiM AcmunlL Segragobd Am me Md Pn1lecAed Cek Aaoowft- ............................................... ........ ......................................... .......... ................................. 7. CAmmosaw upeiaea paid Md agprep M wilne for deducum ......................................... ...................................... ... ...... .......... .............72,723,861 ......... ....... 70.917M 6. Drdnde paid b pabaAwidem ............................................................................................................................................ ........ .............................89.258 ......... ...................135.824 9. Federal end faeipn irrarrs Wan paid (mcwerad) nM d 9.....663232 tan on caplM gene (mace) ............................... ......... ........................6 42 ......... ..............10106 10. ..................................................................................................................... TaW (Linn 5 tw* 9) .................................. ......... .191.161.596 .................... ......... ............191,701.238 11. Not ®A tam aparridh<(L.im 4 nw" Line 10) ................................................................................................................. ......... .......................22.694295 ......... ..............19,666,089 CASH FROM INVESTMENTS 12. Pmmeda tan iwadmw t wW, mekrad or roped 12.1 Son& ......................................................................................................................................................................... ......... .......................92.144.796 ........ ........ 92.918,UG 122 SbckL ......................................................................................................................................................................... ......... .........................4.500.393 ........ ...............11,180,529 121 Mwop bow .......................................................................................................................................................... ......... ........................................... ......... .................................. 12.4 Reel ateb .................................................................................................................................................................. ......... .......................................... ........ ................................... 12.5 Ober iwaMd aae ................................................................................................................................................ .......... ........................................... ........ ...............30A00.000 12.5 NM gala or (ban) an rash, rah e**mM a and hal4en i wownerft ......................................................... ......... ........................................... ........ .......................(2.335) 12.7 M Kdww=pa.uie ............................................................................................................................................ .......... ........................................... ........ ........................1427 12.8 ToW iwo~ pmcadt (Lna 12.11012.7) ........................................................................................................ .......... .......................96.945.189 ........ .............134,096.467 13. Cog of maWnenlt wgwW (b g4wm orift 13.1 Bonds ......................................................................................................................................................................... .......... .....................126.356,045 ........ ...............99.599.046 13.2 SbckL ........................................................................................................................................................................ .......... .........................1'w. 0 ....... ................18.030,700 13.3 W)rlppe loam .......................................................................................................................................................... .......... ........................................... ........ ................................... 13.4 ReM eMab ................................................................................................................................................................. .......... ........................................... ........ ................................... 13.5 09rar kwsa' aeew ............................................................................................................................................... .......... ........................................... ....... ................30,000.000 13.6 M6Cdarraars appkrarom ................................................................................................................................................. ... ......................... 339.713 .......... ................................. 13.7 TaW keieabwrb a0gniad (Lint 13.1 b 13.6? ................................................................................................................. ... ..................126 557 956 .......... ...........147,629,746 14. NM naaae (dM ) in oaaraG bm and p unirn oMa ..................................................................................................... ... ........................................ .......... ................................. 15. Not coh tan iwa emit (Line 12.8 mnm Liw 13.7 mks We 14J ..................................... ............................................... ... ................... (31,612.769) .......... ............(13.531,279) CASH FROM RNANCMG AND MISCELLANEOUS SOURCES It Cash pwided (appled). 16.1 Surpks note, capita nobe ................................................................................................................................................. ... ........................................ .......... ................................. 162 C40W and paid in erapW km newy *& ................................................................................................................. ... ........................................ .......... ................................. 16.3 Bananed kff da .................................................................................................................................................................... ... ........................................ .......... ................................. 16.4 Not deposb on deposkipe mifar. and alm i 3wana kebika ............................................................................... ... ........................................ ......... .................................. 16.5 Di Aderdt lo abddraI I ................................................................................................................................................... ... ........................................ ......... .................................. 15.6 Ohr Oah Pwided (apptadt ............................................................................................................................................ .. ...................... (2,412.M) 2.358.532 17. NO cah tom fi w=V and moceftnears wmoa (Lm 16.1 to 16.4 mku Line 163 pks Lne %5 ................................ .. ...................... (2,412255) ......... ................ 2,355,532 RECONCILIATION OF CASH, CASH EOUNALENTS AND SHORT-TERM INVESTMENTS 18. NM rlwp n cah rah eg kvWft and slwmWw ia»atrwrM (L kw 11 pks Line 15 pka Line W) .................................... .. ...................(11.330.759) ......... ................6.715.341 19. Cah, ueh egNdwb end shat NM iws*mr t: 19.1 Beg Ynipdyeer ................................................................................................................................................................. .. .....................18.712.018 ......... ................9.996.677 dik*wjlu c h low obwa oe for 5 ?, smaawerea2oosare Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT PART 1 . PRFU11JIM FARmr-n Wet Net per per I Cd?? I u mbot 31 a I 5. DumV Year per 1 Fire ............ . -................ -.... ..... ....... .__ ....... ........ ............. ... _...__..._._.1,635.567 1,014,313 ........ 518.426 .... .2,331,4 2. Afied lim&-.......... _ ......................_..._ _............. -_.............. ....... _. ... ..................... .. 541,606 ..........._ _,.._ ........196,685 ._...... _.......... ..... 221.763 ........ .._ ...............518,7 3. Fatmowrsrsmuopbped.. ... ... .......................... 4. FlorrsOSerars naOpb perA ............................................................... . ..........39,133.200 .......... 14.814,131 ............ ........ ....15.909,146 ........... ............. 38,038,1 5. Conmadal naiph Pat ................................................................. .. ................ ...... 4,261,792 ......... 9.079.758 .............. ........... . .............. 9,389,114 ........... ...... 23,952.4 6. ldorbageguor"..._. ........ ....._. ........ .. ............. . ... ... .. . ............. .. ..... .. . 6. Oammaare .......... .............. _........ ........ . ...... .... ............ . ......... . ............ .... ......... ..._....... ........ 9. INnd more .................. ................. _ .......... ............................. .. . .......................... ..967,539 ........... 360,3W ............ .. .._ _.........363,998 ............ ..... 983,P . ..... ........... ........._.......__..... 11.1 AAadicWprabon"lobby -omnawe ........................................ .. .................. ........ ....... ....... ........... ...... .................... _..... ..._..... . .......... ........ _.......... ........... ....-. ..................... 112 Me"profemisrtllobby -dom"We...... _ .............................. . .......... .._......._.......... ,........ .......... ........................ _ __............................ ........... .......... ..... __.....- 12. Earlquake ....................................................................................... .. .......................................... .. ......... .......... ... .................... ............ ................................ ........... .......................... 13. Crap aaodeW ad healh ................................................................ .. .......................................... ........... ................................. ............ ................................ ........... ........................... 14. Ceetdt amftd ad huM (gmW ad kr*AI W) ............................ .. .......................................... ........... ................................. ............ ................................ ........... ........................... 15. Oha a mart aW hedtlt ................................................................ .. .......................................... ........... ................................. ............ ................................ ........... ........................ . 16. Wakes' mnperoalim ..................................................................... . ... .................... 12,536,527 .......... ................5,102.974 ........... ...............5,018,506 .......... ..............12,620.! 17.1 Oosr lobby - aopmsnaa ................................................................ . ......................... 4,560,365 .......... ....... .........1.190,919 .......... ................1,710.292 .......... ................4,040,! 17.2 Oha horny - dams-made .............................................................. .. ..............................19.307 ........... .....................14,483 ........... .............. 14.&19 ........... .....................18,! 17.3 Ewxa wwrkow oompersrion ......................................................... .. .......................................... ........... ................................. ........... ................................ ........... .......................... 18.1 Pmd do lobby - atrrna= ........................................................... .. ............................103,122 ........... .....................42.323 ..-........ .............. .......38.020 ........... ...................107; 182 Pmd cb bobby • densaisde ......................................................... .. .......................................... ........... ................................. ........... ................................. .......... ........................ . 19.1.19.2 PrWio passer" Wo lobby ......................................................... .....................54.606.914 .......... . ............. 22.051,502 .......... ..............21.919.830 .......... .............. 54.743. 19.3.19.4 Cmmerdal a lD labilry ................................................................... . ............. 11.594,801 .......... ................4.508,841 .......... ................4,474,289 .......... ..............11.629, 21. Aubphysiol1, ipa ....................................................................... . .......................42,494,158 .......... ..............16,169.419 .......... ..... 17.125,631 .......... ..............41,537. 22. ........................................... A-M (al psi s) .................................... .. .......................................... ........... ................................. ........... ................... .......... .. . ... .. . ......... ....... ... . ....... 23. FidWly ............................................................................................... . ......................... 41,005 ........... .....................15.499 ........... .....................20,505 .......... ......................35. 24. Sung ................................... ...................................... .................. .. ... . .............................337.798 ........... ......... 180,920 ........... ...................175.675 .......... ....................343. 26. Burgbry and hOL ............................................................................. . ....................................582 .......... ...........................450 .......... ..... -393 .......... ........................... 27. Baler and nndrkray ......................--.............. ................................ . ........................................... .......... ................................. .......... ..................... 26. Crea ................................................................................................ . ........................................... .......... .................................. .......... .................................. .......... ........................... 29. nlamli. ....................................................................................... . ........................................... .......... .................................. .......... .................................. .......... ........................... 30. Warranty ............................................................................................ . ........................................... .......... .................................. .......... .................................. .......... ........................... 31. Rwmwwroe-nonpmpohasla wmodprtp. ........................... . .................................3.146 ......... .......................(3.911) .......... ......................(3.911) .......... ................... 3, 32. Reksuarres-noWaWliorWeesasdlobby .............................. . ....................................336 .......... .................................. .......... .................................. .......... .......................... 33. Ressranoe-nwPoporwwnuaredirrrr, kdL ................. . ................................... ........ .......... .................................. .......... ............._...._............. 34. Agpngab wdlks for cost bm of busimm ................................ . ........................................0 .......... ...............................0 .......... ...............................0 .......... ....................... 3401. ....................................................................................................................................................... ....................................................................................... 3402 ....................................................................................................................................................... ....................................................................................... 3403 . ....................................................................................................................................................... ............................................ ............................................ 3496. Summery of ranakekq wdbis fm Lae 34 tram ova m page ..............................................0 .........................................0 .........................................0 Annual Stylamenr for the yew 2009 of ft Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT 1 2 3 4 5 Reserve for Amount Unearned Amount Unearned Rate Credits Total Reserve (Running One Year (Running More Than and Retrospective for Unearned or Less from Date One Year trom Earned But Adjustments Based Premiums _ --_,.-.1 •_1 n_- - --.\ I-% I l.ka A 0-i. rtl M Fvnananm r.Ak 1 +9 +'It 4 1 .............. Fire- .................................... .... ......... ..................... ............. 518,408 ........................ ......18 .................. ................. .................................. .....................518,426 . ....221 737 ........................ ......26 .................. ................. ................................... .....................121763 2 Allied Nnes............................................................................ ............. ................ , 3 ............. Farmowners multiple peril. .. .. . . ........ .. .. . . ................ .... ....... .. ................................... ........................ ........... .................. ................. ................................ . .................................0 4 Homeowners nw%& peril.................................................. ............. ...............15,909,146 ........................ ........... ................. .................. ................................... ................15.909,146 5. Commercial multiple peril.......' ...:........................................ ............. .................9,385,512 ........................ .3.602 ................. .................. ................................... ..... ............. 9,389,114 ...........0 .................................. ........................ ........... ................. .................. ......... . .................. ................................... .................................0 8. Ocean mame ...................................................................... ............. ................................... ........................ ........... ..... .. 9. Inland marine ....................................................................... ............. ....................363,714 ........................ ....284 ................. .................. ................................... .....................363,998 10. Financial guaranty ............................................................... ............. ................................... ........................ ........... ....... ....... ... .................. ... ................................ .................................0 11.1 Medical professional liability - occurrence .......................... .............. ................................... ....................... ............ ................. .................. ................................... .................................0 11.2 Medical probssional liability - daimsanade ....................... .............. .................................. ....................... ............ ................. .................. ................................... .................................0 ...... .................. ................................... .................................0 13. Group accident and health ................................................. .............. ................................... ....................... ............ ................. .................. ................................... .................................0 14. Credit accident and health (group and ir*mual) ............. .............. ................................... ....................... ............ ................ ................... ................................... .................................0 15. Other accident and health .................................................. .............. ................................... ....................... ............ ................ ................... ................................... .................................0 16. Workers' cor npensation ...................................................... .............. .................5.009.563 ....................... ..8,943 ................ ................... ................................... ..................5,018,506 17.1 Other liability - occurrenoe .................................................. .............. .................1,704,128 ....................... ..6,165 ................ ................... ................................... ..................1,710.292 17.2 Other liability - daims-made ............................................... .............. ......................14,839 ...................... ............ ................ ................... ................................... .......................14,839 17.3 Excess wodcers' compensation .......................................... .............. ................................... ....................... ............ ................ ................... ................................... .................................0 18.1 Products liability - occurrence ............................................ ............... ......................38,020 ....................... ............ ................ ................... ................................... ........................ A= 18.2 Products liability - claims-made ......................................... ............... ................................... ...................... ............. ................ ................... ................................... .................................0 19.1, 19. 2 Private passenger auto liability. .......................................... ............... ...............21,919,830 ..................... ............. ................ ................... ................................... 21,919,830 ................ 19.3,19. 4 Commercial auto liability .................................................... ............... .................4,474,289 ...................... ............. ................ ................... ................................... ..................4.474,289 21. Auto physical damage ....................................................... ............... ...............17,125,631 ...................... ............. ............... .................... ................................... ................17,125,631 22. Aaaaft (all perlls) ............................................................... ............... ................................... ...................... ............. ............... .................... ................................... .................................0 23. Fidelity, ................................................................................ ............... ......................18,787 ...................... ...1,718 ............... .................... ................................... .......................20,505 24. Surety ................................................................................. ............... ........139,423 ..................... .36,252 ............... .................... ................................... .....................175,675 26. Burglary and thek ............................................................. ................ ............................393 ...................... ............. ............... .................... ................................... ............................393 27. Boiler and machinery ......................................................... ............... ................................... ...................... ............. ............... .................... ................................... .................................0 28. Creelt ................................................................................. .............. ............................... .................... ........... ............. .................. ............................... ...............................0 29. International ....................................................................... ............... .................................. ...................... ............. ............... .................... ................................... .................................0 30 Warranty ............................................................................ .............. ............................... ................... ............ ............. .................. ............................... ...............................0 31. Reinsurance - nonproportional assumed property ........... ........... ... . . ......................(3,911 ) ....... ............. . .............. ............... .................... ................................... ........................(3,911) 32. Reinsurance - non proportional assumed liability ............. ................ ................................... ..................... .............. ............... .................... ................................... .0 ............. ................... 33. Reinsurance ranproportional assumed frnandal hues .. ................ ................................... ..................... .............. ............... .................... ................................... .0 .............................. .. 34. Aggregate wd*4ns for other lanes of business ................ .... .... ................................0 ..................... ...........0 .............. ..................0 ................................0 .................................0 ......................57,07 1................................0 j ................................0 ( ................ 1 I l 36. Accrued retrospective premiums based on experience ......................................................................................................................................................................... 0 ..........0 37. Earned but unbilled premiums ....................................................................................................................... 3401. .................................0 ................................... ................................... ................................... ................................... ...................................................................... ................................... . 3402 . ........................................................................................................... 0 3403 . ............................................. . ................................... ................................... .................................0 3498. Summary of remaining write-ins W Line 34 from overflow page .... ................................0 ................................0 ................................0 ................................0 .................................0 (a) State here basis of computation used in each case: Monthly Pro-Rata Annual Srewrrye t for eye y" 2009 of ft Erie Insurance Company UNDERWRITING AND INVESTMENT EXHIBIT Direct Business Net Premiums Written (Cols. 1 +2+3 _A-S\ 1. Fire_ ...... ............ .................... ............................._.......................... ............1,166.944 ...........1,835,567 ..................... ...........1,166,944 ............................ ... 1,M567 2. Abed lines ....................................................................................... ............... 562,954 ..............541.606 ............................ ..............562,954 ............................ ...............541.606 3. Fartrnowners multiple pard ............................................................. ............................. ............................ ............................ .......................... . ............................ ............................0 ............ 4. Homeowners ffK#jPto peN ................ .. ..... .. ... .. ........ .. . ...... .. .........24,672,915 .........39.133.200 ........................... ..... 24,672.915 ............................ ...........39,133,200 5. Commercial mxrldple Peril ............................................................... ..........41,084,009 .........24.261.792 ............................ .........40.959.832 ..............124.177 ...........24.261.792 6. guaranty .......................................................................... .............................. ............................ ............................ ............................ ............................ ............................0 8. Ocean Marine ................................................................................. .............................. ............................ ............................ ............................ ............................ ............................0 9. Inland marine .................................................................................. ...............757.284 ..............987,539 ............................ ..............757.284 ............................ ................987.539 10. Financial guaranty ........................................................... ......... .............................. ............................ ............................ ............................ ............................ ............................0 11.1 Medical professional liability - occurrence ...................................... .............................. ............................ ............................ ............................ ............................ ............................0 11.2 Medical professional liability - dainis-made ................................... .............................. ............................ ............................ ............................ ............................ ............................0 12. Earthquake ...................................................................................... .............................. ............................ ............................ ............................ ............................ ............................0 13. Group accident and health ............................................................. .............................. ............................ ............................ ............................ ............................ ............................0 14. Credit accident and heap (group and individual) ......................... .............................. ............................ ............................ ............................ ............................ ............................0 15. Other aaiderd and hwO .............................................................. .............................. ............................ ............................ ............................ ............................ ............................0 16. Workers' oor pensation .................................................................. ..........21,452.521 .........12.536.527 .......................43 .........21.452.564 ............................ ...........12.536.527 17.1 Other liability - Occurrence .............................................................. ............4.929.878 ...........4.560.365 ............................ ...........4.889.738 ................40.140 .............4.560.385 17.2 Ober liability - dairns made ........................................................... ...................4.596 ................19.307 ............................ ..................4.596 ............................ ..................19.307 17.3 Excess workers' compensation ...................................................... ............................. ............................ ............................ . . ................. ......... ............................ ............................0 18.1 Products liability - occurrence. .......... ............................................. .................55.411 ..............103.122 ............................ ................55.411 ............................ ................103.12? 18.2 Products liability - daime made ...................................................... .............................. ............................ ............................ ............................ ............................ ............................0 19.1.19.2 PMalo Pastarger sub liability ....................................................... ........149.216.734 .........54,608,914 ............................ .......147,505,356 ...........1,711,378 ...........54,606,914 19.3.19.4 Connardel aub liability ................................................................. ..........34.524.541 .........11,594.801 .........12.685.751 .........46.623.882 ..............586.410 ...........11.594.801 21. Auto physical damage .................................................................... ........119.763.254 .........42.494.158 ................50.677 .......119.813,931 ............................ ...........42.494.158 22. Aircraft (a8 plerils) ............................................................................ .............................. ............................ ............................ ............................ ............................ ............................C ............808.313 ................41.005 .............808.313 ............................ ..................41,OOE 24. Surety .............................................................................................. ............6.397,588 ..............337.798 ............................ ...........6.397,588 ............................ ................337.79E 26. Burglary and #wA .......................................................................... .................12.230 .....................582 ...............12.230 ....58: 27. Boller and nachirmy ...................................................................... .............................. ............................ ............................ ............................ ............................ ............................ 28. Crei* ............................................................................................ .......................... ......................... ........................ ........................ ......................... ..........................C 29. International ........... .................................................................. .............................. ............................ ............................ ............................ ............................ ........................... f 30. Warranty .......................................................................................... .............................. ............................ ............................ ........................... ............................ .......................... [ .................... 31. Reinsurance - nonpropor8cnal assumed property ......................... ............ XXX........... . ..................3.146 ............................ ........................... ............................ 3.141 .................... 32. Reinsurance - nonpnopordoral assumed liability ........................... . ..........XXX ........... .....................336 ........................... ............................ ...... ............. .......................331 33. Reinsurance - ranpropordoral assumed financial tires .......... ...... ............ XXX........... . ............................ ............................ ............................ ............................ .... ........ ................ 34. Aggregate while-ins for ofer fines of business .............................. ..........................0 .........................0 .........................0 .........................0 .........................0 .......... .................. t ........................... ..... 3401 . ........................................................................................................ .............................. ............................ ............................ ......................! 3402 . ....................................................................................................... .......................... ........................ ......................... ......................... ......................... e 3403 . ....................................................................................................... .......................... ........................ ......................... ........................ 3498. Summary of rerna" wdle-ins for Line 34 from overflow page.. 0 .........................0 .........................0 .........................0 .........................0 ........................... j 3499. Took Liras 3401 fn 3403 plus 3496) (Lxw 34 abOlvel ............. ..........................0 .........................0 .........................0 .........................0 .........................0 .......................... a (a) Does the company's direct premrkans wrift kx*We p wniums recorded on an ins a rent basis? Yes [ j No ( X ) 6 m z • fA M ? C 7 AQ J 7 K C Z v m ?o rZ )Q o? E?y 3 3_+ ?e m a a s g m s a c s n s A O 3 EIS t i :c ?o ?m C M Z oz m ?c ? ON Amdadmm txfty mdb Eric Nnurance Company UNDERWRITING AND INVESTMENT EXHIBIT DAW It _ cL7oFlt11?1e o1r lAwA4rlwid ldidamAYq bwamrd T 1. Mims*rMadwmiwc 1.1 llimd,._._..... _._.....__......... _..__................................ -........... ......... ............. ...............-.14AW4 0 . _........ ........... ............ _ ....... ........... ...... .......... . _.....11.446110 .......... 11 Rooraaiaammd............ _._......_.._.._...._......... ._ ..... ................ ......... _ . .._.__._.......A307102 . _............... _......... _....... . ...................._....... .... . ._..__....-.... .8302 _....__.._ 13 Rti_......... _.__..._._._..._ ............. _.... 1.4 Rdome4 dmodarto11.1.12.13..._....._.._..._...__._..__......._.. _._._...__..7.611, ......_..... ................ A ._.................... _....A __._...... 2 Cawdom mi ludm c .... _ _ .......4MA6 ....... ___.._....._......_._.. ..__._ ..1ISpM 22 Robtdmrowmwo 0*161ONOPa--._------- ..........._._.........._._.-. .__......_........................ ..._...._......36.300,773 ....... _........... ........... __.. __..._------- b10 m 23 Robmdaro01"aids" oowkvwA --......... ........ .................. ..._._...... ...................................... ....._._....._..17.700.97 _.__......... ..... _............ _.......... ...... 6.710,577 21 CoMtpd-dYMd.._.__ ......... ...._.._........ _.. ..... _.... ............. _.......... ....... _....... __....__.._.... _.._....... -_-_-......... ._...... _._._................A 25 . .............. .......... ..... _... _..... .............. ............. .. ........ ...... .... .1744117 ._._..._..._...._._..-...... ._..._........... .3.310137 2.6 CadYgtm-admowwwdd..._........................ _...... .................... _.... ..._... .................................... .. ...................... --........... ................... ................ ... ................ _.............. 0 27 Pdgadmrmmobw ......._..._..._........ ...... ............. ............. ................. ... ._._.............._.......... ............... L Ndmoooimlaiadbdrmtoal•22.23.21.25-2/.27}_.__.._.. ...__.._._..........._.._..A .__...._..._T75N.130 _. ..._...__._...._...A _....11501.130 ._........ 1 Alvoa %martaNgM..._._..... _............... -.............. _.........._._.._...... ..._._._...........__........_. ............._....................... ._........................-....-... __-------------- _.............A ....... _...... _...... __..._.._ .......... ............ .li = I 8wdtbmrradmmod1 r...__......___...._._.._.._._....__...._....__._......_.._. ...__..___....._.07f06 ._..._._.._......303010 ........... _..__._......... _ ................ _...425,44 IL 1awloadWAMA Opwk.._.._....__ ............... _._............ ................. ................ ....__....__..._....?2300 _._........... _.1,544.80 ..._.._................... _........ .._............ .1,53/221 7. 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IuORgdwwOiRigalRisforlbubb0waw0bspqa_ ._ ..................__..._.... ....... __................... 0 AMW ti*lhMpffMOt a Erie Meurance Coinpmy ?iC!I 111114 OVA diilff 3 -1- 6 7] Mould Monad Rb M" MwlMorr d ftwoM O?o31 d DWMar Cab b wo Y Ynr M.wsuasrrenttorereyear2m ftm Erie Insurance Company SCHEDULE D - SUMMARY BY COUNTRY Long-Term Bonds and Stocks OWNED December 31 of Current Year 1 2 3 Book/Adjusled Description Carrying Value Fair Value Actual Cost BONDS 1. United States ........................ .....................18,373,801 ..................... 18.692,690 .....................17,921,677 Governments (Including all obligations 2. Canada ................................. ......................................... ......................................... ......................................... . guaranteed by governments) 3. Other Countries .................... .......................1998171 .......................2100120 .......................1 1,997,140 4. Totes ................................... .....................20.37 .972 .....................20 792 810 .....................19 918 817 U.S. Stales, Territories and Possessions (DOW and auaranteed) 5. Totals- .................................. .......................7,387,863 .......................7,854.. 904 .......................7,553,328 U.S. Poibcal Subdivisions of Stales, Territories and Possessions Direct and uaranleed 6. Totals .................................... .......................7.789.779 .......................8 005147 .......................7 873 899 U. S. Special Revenue and Special Assessment Obligations and AN Non-Guaranteed obligations of Agencies and Authorities of Governments and Thew Political subdivisions 7. Totals .................................... .....................40 397 944 .....................41 324 540 .....................40 986 786 Industrial and Misoellaneous. Credit Tenant 8. United Stales ........................ ...................275,707,786 ...................287,427,185 ...... ............. 275,553,211 Loans and Hybrid Securities (Unaffiliated) 9. Canada ................................. .......................8,646,679 .......................9,207,720 .......................8.634,176 10. Odw Counties .................... ..................... 36,301125 .....................37 37,908,169 .....................35 35,772 681 11. Totals. ................................... ...................320 590 ...................334 543 074 ...................319.960.(U Parer and Allikafts 12. Totals .................................... ......................................... ......................................... ......................................... 13. Total Bonds ........ »......... „ .... ...................396 396,603,148 ...................412 520 475 ...................396 292 898 PREFERRED STOCKS 14. United States ........................ .....................11,204,006 ....... ..............12.533,855 .....................11,312,108 Industrial and Iiscellansous (Unaffiliated) 15. Canada ................................. ......................................... ......................................... ......................................... 16. Otw Countries .................... .......................3,078,206 .......................3.538.206 .......................3123 200 17. Totals ......................... 6 .....................14 282 214 .....................'16,072,063 .....................14 435 308 Parent Subsidiaries and AffiNales 18. Tot* .................................... ......................................... ......................................... ......................................... 19. Total Preferred Stocks-- ..................-.14,282,214 .....................16 072 063 .....................14 435 308 COMMON STOCKS 20. United Stales. ....................... ......................................... ......................................... ......................................... Industrial and Miscellaneous (Unaffiliated) 21. Canada ................................. ......................................... ......................................... ......................................... 22. Countries .................... ......................................... ......................................... ......................................... .....................................0 ......................................0 ......................................0 Parent Subsidiaries Affiliates 4. Totak .................................... .....................22,049,912 .....................22 049 912 .......................7135 463 25. Total Common Stocks.... .....................22 049 912 .....................22 049 912 .......................7135 7,135,463 26. T ... ____......_ ..... 36,332,126 3321 .....................38121975 .....................21 570 771 27. Total Bonds and Stocks .... ...................432,935.274 ...................450,642.450 ...................417,863,669 Par Value