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Erie Indemnity Company
(NASDAQ:ERIE) 

ERIE stock logo

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related se...

Founded: 1925
Full Time Employees: 5,700
Sector: Financial Services
Industry: Insurance Brokers

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Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 
                                                        
      operating revenue
                                                        
      management fee revenue - policy issuance and renewal services
    786,399,000 727,629,000 825,275,000 823,853,000 755,049,000 698,340,000 769,162,000 760,886,000 665,686,000 601,595,000 649,049,000 633,339,000 558,090,000 503,633,000 551,666,000 544,555,000 487,992,000 450,286,000 504,891,000 502,271,000 455,718,000 429,698,000 484,551,000 483,795,000 443,750,000 424,534,000 474,427,000 480,513,000 430,983,000 407,656,000 451,361,000 454,572,000 405,978,000                    
      management fee revenue - administrative services
    19,475,000 19,286,000 18,831,000 18,296,000 17,645,000 17,216,000 17,154,000 17,051,000 16,934,000 16,693,000 16,151,000 15,636,000 15,189,000 14,877,000 14,657,000 14,476,000 14,313,000 14,301,000 14,471,000 14,667,000 14,847,000 14,969,000 14,910,000 14,813,000 14,771,000 14,628,000 14,430,000 14,195,000 13,951,000 13,738,000 13,521,000 13,299,000 13,074,000                    
      administrative services reimbursement revenue
    200,096,000 198,028,000 215,694,000 212,644,000 210,273,000 201,987,000 206,754,000 206,028,000 191,567,000 192,728,000 187,118,000 184,466,000 172,827,000 175,613,000 168,653,000 160,675,000 163,327,000 165,350,000 162,410,000 157,190,000 153,533,000 158,206,000 147,710,000 151,965,000 151,554,000 150,705,000 142,730,000 146,095,000 142,480,000 147,694,000 140,172,000 146,507,000 145,963,000                    
      service agreement revenue
    5,941,000 6,080,000 6,939,000 5,304,000 6,432,000 6,547,000 6,816,000 6,473,000 6,514,000 6,651,000 6,620,000 6,429,000 6,359,000 6,512,000 6,260,000 6,437,000 6,478,000 5,994,000 6,067,000 5,902,000 6,079,000 6,379,000 6,310,000 6,446,000 6,662,000 6,873,000 7,155,000 6,907,000 6,692,000 7,380,000 7,072,000 7,080,000 7,145,000 7,368,000 7,278,000 7,245,000 7,258,000 7,444,000 7,267,000 7,219,000 7,270,000            
      total operating revenue
    1,011,911,000 951,023,000 1,066,739,000 1,060,097,000 989,399,000 924,090,000 999,886,000 990,438,000 880,701,000 817,667,000 858,938,000 839,870,000 752,465,000 700,635,000 741,236,000 726,143,000 672,110,000 635,931,000 687,839,000 680,030,000 630,177,000 609,252,000 653,481,000 657,019,000 616,737,000 596,740,000 638,742,000 647,710,000 594,106,000 576,468,000 612,126,000 621,458,000 572,160,000 401,402,000 442,492,000 448,564,000 399,316,000 379,613,000 418,406,000 423,884,000 374,728,000            
      operating expenses
                                                        
      cost of operations - policy issuance and renewal services
    645,028,000 595,281,000 642,124,000 648,280,000 627,750,000 554,793,000 613,007,000 594,202,000 550,322,000 497,855,000 523,349,000 521,246,000 469,095,000 443,592,000 466,111,000 461,468,000 424,471,000 408,747,000 430,326,000 437,775,000 400,549,000 385,994,000 409,546,000 413,865,000 379,492,000 377,335,000 390,105,000 405,005,000 365,504,000 354,016,000 375,259,000 379,628,000 348,630,000                    
      cost of operations - administrative services
    200,096,000 198,028,000 215,694,000 212,644,000 210,273,000 201,987,000 206,754,000 206,028,000 191,567,000 192,728,000 187,118,000 184,466,000 172,827,000 175,613,000 168,653,000 160,675,000 163,327,000 165,350,000 162,410,000 157,190,000 153,533,000 158,206,000 147,710,000 151,965,000 151,554,000 150,705,000 142,730,000 146,095,000 142,480,000 147,694,000 140,172,000 146,507,000 145,963,000                    
      total operating expenses
    845,124,000 793,309,000 857,818,000 860,924,000 838,023,000 756,780,000 819,761,000 800,230,000 741,889,000 690,583,000 710,467,000 705,712,000 641,922,000 619,205,000 634,764,000 622,143,000 587,798,000 574,097,000 592,736,000 594,965,000 554,082,000 544,200,000 557,256,000 565,830,000 531,046,000 528,040,000 532,835,000 551,100,000 507,984,000 501,710,000 515,431,000 526,135,000 494,593,000 343,444,000 361,656,000 365,520,000 332,782,000 322,928,000 336,151,000 338,125,000 307,063,000            
      operating income
    166,787,000 157,714,000 208,921,000 199,173,000 151,376,000 167,310,000 180,125,000 190,208,000 138,812,000 127,084,000 148,471,000 134,158,000 110,543,000 81,430,000 106,472,000 104,000,000 84,312,000 61,834,000 95,103,000 85,065,000 76,095,000 65,052,000 96,225,000 91,189,000 85,691,000 68,700,000 105,907,000 96,610,000 86,122,000 74,758,000 96,695,000 95,323,000 77,567,000 57,958,000 80,836,000 83,044,000                 
      yoy
    10.18% -5.74% 15.99% 4.71% 9.05% 31.65% 21.32% 41.78% 25.57% 56.07% 39.45% 29.00% 31.11% 31.69% 11.95% 22.26% 10.80% -4.95% -1.17% -6.72% -11.20% -5.31% -9.14% -5.61% -0.50% -8.10% 9.53% 1.35% 11.03% 28.99% 19.62% 14.79%                     
      qoq
    5.75% -24.51% 4.89% 31.58% -9.52% -7.11% -5.30% 37.03% 9.23% -14.40% 10.67% 21.36% 35.75% -23.52% 2.38% 23.35% 36.35% -34.98% 11.80% 11.79% 16.98% -32.40% 5.52% 6.42% 24.73% -35.13% 9.62% 12.18% 15.20% -22.69% 1.44% 22.89% 33.83% -28.30% -2.66%                  
      operating margin %
    Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% NaN% NaN% NaN% NaN% NaN% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 
      investment income
                                                        
      net investment income
    23,560,000 24,826,000 21,033,000 20,030,000 19,948,000 20,920,000 17,322,000 16,010,000 15,903,000 14,212,000 14,642,000 13,535,000 2,183,000 3,979,000 5,834,000 8,268,000 10,504,000 12,572,000 18,858,000 13,650,000 17,097,000 6,981,000 7,030,000 7,373,000 8,369,000 8,200,000 8,652,000 8,030,000 8,517,000 8,626,000 7,659,000 7,104,000 6,820,000 6,424,000 5,970,000 6,236,000 5,978,000 5,663,000 5,331,000 4,891,000 4,662,000 -342,209,000 120,000,000 127,000,000 113,000,000 111,000,000 115,000,000 111,000,000 109,000,000 106,000,000 109,000,000 104,000,000 
      net realized and unrealized investment gains
    -765,000 24,000 1,331,000 479,000 502,000 246,000 2,925,000 -1,795,000 1,853,000     -3,453,000 -6,230,000 -10,324,000 -7,279,000                                    
      net impairment losses recognized in earnings
    -676,000 -679,000 -810,000 -909,000 -914,000 -361,000 -698,000 -388,000 -2,677,000 -479,250 -113,000 -171,000 -1,633,000         -86,000 -122,000 -17,000 -3,053,000 -2,000 -31,000 -84,000 -78,000 -935,000  -646,000    -61,000 -121,000 -71,000   -345,000 6,442,000 -4,000,000 -2,000,000 -2,000,000 -3,000,000 -1,000,000   -3,000,000 -9,000,000 -1,000,000 
      total investment income
    22,119,000 24,171,000 21,554,000 19,600,000 19,536,000 20,805,000 19,549,000 13,827,000 15,079,000 9,771,000 12,302,000 11,627,000 -4,732,000 288,000 -571,000 -2,094,000 3,009,000 12,328,000 20,598,000 16,418,000 17,988,000 14,071,000 16,438,000 11,553,000 -9,195,000 6,914,000 13,606,000 9,652,000 9,795,000 4,995,000 8,431,000 6,207,000 6,163,000 7,121,000 8,406,000 6,448,000 6,586,000 13,539,000 4,326,000 7,404,000 2,559,000            
      other income
    1,420,000 464,000 2,286,000 1,974,000 3,834,000 3,693,000 1,168,000 3,292,000 3,411,000 3,069,000 3,001,000 3,305,000 3,337,000 243,000 562,000 337,000 473,000     -190,000 -964,000 -258,000 -366,000 60,000 100,000 48,000 47,000 3,485,000 54,000 58,000 44,000         5,750,000 7,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 
      income before income taxes
    190,326,000 82,349,000 232,761,000 220,747,000 174,746,000 191,808,000 200,842,000 207,327,000 157,302,000 139,924,000 163,774,000 149,090,000 109,148,000 81,961,000 106,348,000 101,348,000 86,795,000 69,827,000 114,126,000 99,896,000 92,555,000 78,210,000 111,696,000 102,482,000 76,127,000 75,650,000 119,502,000 106,038,000 95,515,000 82,642,000 104,471,000 100,986,000 83,221,000 64,641,000 88,865,000 89,235,000 72,954,000 70,123,000 86,581,000 93,163,000 70,224,000            
      income tax expense
    39,852,000 18,969,000 49,908,000 46,062,000 36,329,000 39,779,000 41,012,000 43,424,000 32,750,000 28,996,000 32,734,000 31,238,000 22,907,000 16,471,000 22,035,000 21,201,000 18,176,000 14,785,000 23,903,000 20,867,000 18,989,000 15,425,000 22,480,000 20,505,000 16,801,000 16,063,000 25,333,000 18,284,000 20,204,000 20,328,000 24,025,000 21,280,000 17,463,000 32,588,000 30,322,000 30,708,000 25,078,000 24,337,000 29,205,000 31,854,000 24,329,000            
      net income
    150,474,000 63,380,000 182,853,000 174,685,000 138,417,000 152,029,000 159,830,000 163,903,000 124,552,000 110,928,000 131,040,000 117,852,000 86,241,000 65,490,000 84,313,000 80,147,000 68,619,000 55,042,000 90,223,000 79,029,000 73,566,000 62,785,000 89,216,000 81,977,000 59,326,000 59,587,000 94,169,000 87,754,000 75,311,000 62,314,000 80,446,000 79,706,000 65,758,000 32,053,000 58,543,000 58,527,000 47,876,000 45,786,000 57,376,000 61,309,000 45,895,000 -191,322,000 33,000,000 197,000,000 136,000,000 253,000,000 108,000,000 103,000,000 109,000,000 314,000,000 267,000,000 177,000,000 
      yoy
    8.71% -58.31% 14.40% 6.58% 11.13% 37.05% 21.97% 39.08% 44.42% 69.38% 55.42% 47.04% 25.68% 18.98% -6.55% 1.41% -6.72% -12.33% 1.13% -3.60% 24.00% 5.37% -5.26% -6.58% -21.23% -4.38% 17.06% 10.10% 14.53% 94.41% 37.41% 36.19% 37.35% -29.99% 2.03% -4.54% 4.32% -123.93% 73.87% -68.88% -66.25% -175.62% -69.44% 91.26% 24.77% -19.43% -59.55% -41.81%     
      qoq
    137.42% -65.34% 4.68% 26.20% -8.95% -4.88% -2.49% 31.59% 12.28% -15.35% 11.19% 36.65% 31.69% -22.33% 5.20% 16.80% 24.67% -38.99% 14.16% 7.43% 17.17% -29.63% 8.83% 38.18% -0.44% -36.72% 7.31% 16.52% 20.86% -22.54% 0.93% 21.21% 105.15% -45.25% 0.03% 22.25% 4.56% -20.20% -6.42% 33.59% -123.99% -679.76% -83.25% 44.85% -46.25% 134.26% 4.85% -5.50% -65.29% 17.60% 50.85%  
      net income margin %
    Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% -16.70% 2.45% 12.07% 8.47% 15.92% 7.57% 6.45% 7.21% 18.50% 16.93% 12.41% 
      net income per share
                                                        
      class a common stock – basic
    3.23 1.36 3.93 3.75 2.97 3.26 3.43 3.52 2.67 2.38 2.81 2.53 1.85 1.41 1.81 1.72 1.47 1.19 1.94 1.7 1.58 1.35 1.92 1.76 1.27 1.28 2.02 1.88 1.62 1.34 1.73 1.71 1.41 0.69 1.26 1.26 1.03 0.99 1.23 1.32 0.99 0.65 1.06 1.21 0.83 0.54 1.01 1.05 0.99 0.75 0.98 0.95 
      class a common stock – diluted
    2.88 1.21 3.5 3.34 2.65 2.91 3.06 3.13 2.38 2.12 2.51 2.25 1.65 1.25 1.61 1.53 1.31 1.05 1.72 1.51 1.41 1.2 1.71 1.57 1.13 1.14 1.8 1.68 1.44 1.19 1.54 1.52 1.26 0.61 1.12 1.12 0.91 0.87 1.09 1.17 0.87 0.58 0.94 1.07 0.74 0.47 0.9 0.94 0.88 0.67 0.87 0.84 
      class b common stock – basic and diluted
    485 399.25 589 563 446 361 515 528 401 358 422 380 278 211 272 258 221 177 291 255 237   264 191    243    212    154    148    125   158 149 101.5 147 142 
      weighted-average shares outstanding – basic
                                                        
      class a common stock
    46,188,850 12 46,189,068 46,189,063 46,188,903 46,189,059 46,189,042 46,189,014 19 46,189,037 46,189,026 46,188,819 38 46,189,025 46,188,845 46,188,761 77 46,189,035 46,188,289 46,188,860 115 46,189,030 46,187,808 46,188,789 69 46,189,006 46,188,994 46,188,337 115 46,188,941 46,188,705 46,187,908 722 46,188,949 46,180,852 46,188,522 -19 46,188,980 46,188,867 46,189,068 -2,397 46,189,068 46,189,068 46,189,068 -19,818 46,189,068 46,214,153 46,402,270 -47,320 46,656,911 46,693,333 
      class b common stock
    2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 2,542  2,542 2,542 
      weighted-average shares outstanding – diluted
                                                        
      dividends declared per share
                                                        
      net realized and unrealized investment losses
             -2,311,500 -2,227,000 -1,737,000 -5,282,000                                        
      interest expense
                  115,000 895,000 999,000 1,050,000 1,034,000 1,039,000 1,009,000 723,000 3,000 2,000 3,000 24,000 111,000 272,000 449,000 596,000 709,000 602,000 553,000 438,000 377,000 257,000 166,000                
      net impairment (losses) recoveries recognized in earnings
                 -238,000 -175,000 -38,000 -216,000   -1,000                                 
      net realized investment gains
                     1,295,750 1,610,000 2,769,000 804,000 4,757,000 5,915,000 6,526,000 -10,806,000 602,000 1,696,000 1,302,000 2,503,000 -1,513,000  -32,000 -465,000 -205,000 899,000 124,000 516,000 643,000 718,000 399,000  243,492,000 -292,000,000 -7,000,000 56,000,000 89,000,000 -85,000,000 133,000,000 56,000,000 270,000,000 191,000,000 61,000,000 
      net impairment recoveries (losses) recognized in earnings
                     -7,000 130,000  87,000                                
      other expense
                     402,000 541,000 548,000 519,000                                
      equity in earnings of limited partnerships
                         -604,750 3,615,000 -2,329,000  -1,886,000 3,289,000 404,000  -1,183,000 772,000 -219,000 -192,000 902,000 1,537,000 149,000 213,000 7,304,000 -1,723,000 2,114,000 -670,000 -126,017,000 43,000,000 72,000,000 28,000,000 2,000,000 34,000,000 27,000,000 50,000,000 49,000,000 37,000,000 39,000,000 
      class b common stock – basic
                         185.5 287   191 303 283  200 259 257  104 189 189  148 185 197  97 160 181  81 151      
      class b common stock – diluted
                         185.5 287   192 303 283  201 259 257  103 189 188  148 185 197  97 159 180  81 151      
      equity in losses of limited partnerships
                            -3,705,000    -1,147,000                        
      management fee revenue
                                     394,034,000 435,214,000 441,319,000 392,058,000 372,169,000 411,139,000 416,665,000 367,458,000            
      commissions
                                     226,943,000 248,677,000 251,383,000 220,478,000 216,837,000 232,455,000 235,794,000 208,714,000            
      salaries and employee benefits
                                     59,168,000 60,499,000 60,774,000 59,740,000 51,777,000 53,265,000 55,025,000 53,289,000            
      all other operating expenses
                                     57,333,000 52,480,000 53,363,000 52,564,000 54,314,000 50,431,000 47,306,000 45,060,000            
      earnings per share
                                                        
      net revenue from operations
                                        66,534,000 56,685,000 82,255,000 85,759,000 67,665,000            
      net realized investment losses
                                            -1,088,000            
      revenues
                                                        
      premiums earned
                                             1,077,000,000 1,472,000,000 1,434,000,000 1,402,000,000 1,382,000,000 1,355,000,000 1,319,000,000 1,288,000,000 1,267,000,000 1,241,000,000 1,215,000,000 
      total revenues
                                             1,145,750,000 1,346,000,000 1,632,000,000 1,605,000,000 1,589,000,000 1,426,000,000 1,598,000,000 1,511,000,000 1,697,000,000 1,577,000,000 1,426,000,000 
      yoy
                                             -27.89% -5.61% 2.13% 6.22% -6.36% -9.58% 12.06%     
      qoq
                                             -14.88% -17.52% 1.68% 1.01% 11.43% -10.76% 5.76% -10.96% 7.61% 10.59%  
      benefits and expenses
                                                        
      insurance losses and loss expenses
                                             743,750,000 939,000,000 976,000,000 1,060,000,000 863,000,000 935,000,000 1,126,000,000 1,034,000,000 896,000,000 868,000,000 861,000,000 
      policy acquisition and underwriting expenses
                                             269,000,000 367,000,000 361,000,000 348,000,000 349,000,000 341,000,000 325,000,000 321,000,000 331,000,000 311,000,000 302,000,000 
      total benefits and expenses
                                             1,012,750,000 1,306,000,000 1,337,000,000 1,408,000,000 1,212,000,000 1,276,000,000 1,451,000,000 1,355,000,000 1,227,000,000 1,179,000,000 1,163,000,000 
      income from operations before income taxes and noncontrolling interest
                                             133,000,000 40,000,000 295,000,000 197,000,000 377,000,000 150,000,000 147,000,000 156,000,000 470,000,000 398,000,000 263,000,000 
      provision for income taxes
                                             41,500,000 7,000,000 98,000,000 61,000,000 33,250,000 42,000,000  47,000,000    
      less: net income attributable to noncontrolling interest in consolidated entity – exchange
                                             55,250,000 -17,000,000 141,000,000 97,000,000 227,000,000 61,000,000 54,000,000 63,000,000 278,000,000 221,000,000 133,000,000 
      net income attributable to indemnity
                                             36,250,000 50,000,000 56,000,000 39,000,000 26,000,000 47,000,000 49,000,000 46,000,000 36,000,000 46,000,000 44,000,000 
      net income attributable to indemnity per share
                                                        
      weighted-average shares outstanding attributable to indemnity – basic
                                                        
      weighted-average shares outstanding attributable to indemnity – diluted
                                                        
      benefit from income taxes
                                                   44,000,000  156,000,000 131,000,000 86,000,000 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 
                                                          
        assets
                                                          
        current assets:
                                                          
        cash and cash equivalents
      268,616,000 345,874,000 568,551,000 358,027,000 260,379,000 298,397,000 221,213,000 170,634,000 144,872,000 144,055,000 102,873,000 142,996,000 122,376,000 142,090,000 97,664,000 90,324,000 141,305,000 183,702,000 235,996,000 156,038,000 135,192,000 161,240,000 216,355,000 257,738,000 228,646,000 336,739,000 344,872,000 338,262,000 312,045,000 266,417,000 244,688,000 198,412,000 119,627,000 215,721,000 184,628,000 144,709,000 110,418,000 189,072,000 139,813,000 124,111,000 105,282,000 182,889,000 618,000,000 421,000,000 420,000,000 514,000,000 379,000,000 300,000,000 379,000,000 452,000,000 535,000,000 365,000,000 
        available-for-sale securities
      53,995,000 33,902,000 59,833,000 59,162,000 52,976,000 44,604,000 48,575,000 47,734,000 76,693,000 82,017,000 69,822,000 63,510,000 57,470,000 24,267,000 25,750,000 57,150,000 46,155,000 38,396,000 30,627,000 20,856,000 16,847,000 17,697,000 13,429,000 27,409,000 34,818,000 32,810,000 32,984,000 61,210,000 139,994,000 402,339,000 105,031,000 107,369,000 96,574,000 71,190,000 65,318,000 72,057,000 77,412,000 56,138,000 52,108,000 46,087,000 54,285,000 62,067,000           
        available-for-sale securities lent
      870,000 3,436,000 4,318,000   7,285,000 8,135,000 6,125,000                                             
        receivables from erie insurance exchange and affiliates
      743,236,000 735,589,000 780,473,000 769,148,000 719,898,000 707,060,000 736,973,000 708,171,000 641,691,000 625,338,000 620,683,000 591,008,000 533,306,000 524,937,000 544,353,000 538,283,000 478,754,000 479,123,000 503,413,000 504,013,000 481,481,000 494,637,000 501,192,000 506,690,000 482,238,000 468,636,000 497,985,000 483,319,000 456,135,000 449,873,000 463,620,000 445,211,000 415,343,000 418,328,000 428,500,000 411,422,000 392,319,000 378,540,000 399,975,000 387,273,000 352,451,000 348,055,000           
        prepaid expenses and other current assets
      79,713,000 66,061,000 73,779,000 71,133,000 78,387,000 83,902,000 80,141,000 83,529,000 69,050,000 69,321,000 71,480,000 66,399,000 62,738,000 79,201,000 49,360,000 50,508,000 78,877,000 56,206,000 55,003,000 59,574,000 62,401,000 49,897,000 52,008,000 60,668,000 58,715,000 44,943,000 47,712,000 42,300,000 49,997,000 36,892,000 44,014,000 45,426,000 43,061,000 34,890,000 35,797,000 36,023,000 39,065,000 30,169,000 29,593,000 33,885,000 37,164,000 24,697,000           
        accrued investment income
      14,469,000 14,311,000 10,937,000 11,998,000 10,849,000 11,069,000 10,456,000 10,204,000 9,465,000 9,458,000 8,968,000 8,890,000 8,191,000 8,301,000 7,352,000 6,839,000 6,255,000 6,303,000 6,104,000 6,121,000 5,860,000 6,146,000 5,973,000 5,317,000 5,657,000 5,433,000 5,267,000 4,365,000 4,220,000 5,263,000 6,504,000 6,647,000 6,425,000 6,853,000 6,435,000 6,874,000 6,504,000 6,337,000 6,261,000 5,816,000 5,832,000 5,491,000           
        total current assets
      1,160,899,000 1,199,173,000 1,497,891,000 1,269,468,000 1,122,489,000 1,145,032,000 1,097,358,000 1,020,272,000 941,771,000 930,189,000 873,826,000 872,803,000 784,081,000 778,796,000 724,479,000 743,104,000 751,346,000 763,730,000 831,153,000 746,809,000 701,927,000 732,300,000 792,922,000 859,238,000 810,074,000 891,404,000 934,895,000 937,247,000 962,391,000 1,168,946,000 888,857,000 828,065,000 720,746,000 801,882,000 720,678,000 671,085,000 625,718,000 665,516,000 627,750,000 597,668,000 557,969,000 635,146,000           
        equity securities
      67,889,000 70,624,000 54,378,000 68,095,000 81,814,000 85,891,000 85,346,000 80,128,000 86,578,000 84,253,000 79,516,000 77,220,000 72,963,000 72,560,000 68,969,000 71,448,000 78,069,000 87,743,000 10,000 207,000 146,000 19,000 94,435,000 1,416,000 58,014,000 2,381,000 55,052,000 12,445,000 12,410,000 11,853,000 12,511,000 12,488,000 12,583,000          20,000,000 22,000,000 25,000,000 25,000,000 25,000,000 26,000,000 35,000,000 50,000,000 48,000,000 48,000,000 
        available-for-sale and equity securities lent
      54,417,000 61,063,000 51,836,000 35,535,000 12,289,000                                                
        fixed assets
      579,649,000 571,476,000 557,607,000 519,834,000 513,088,000 513,494,000 480,707,000 469,145,000 461,914,000 442,610,000 434,975,000 422,903,000 417,339,000 413,874,000 408,750,000 402,475,000 396,072,000 374,802,000 277,939,000 280,402,000 282,268,000 265,341,000 254,908,000 246,572,000 238,296,000 221,379,000 194,170,000 173,055,000 144,652,000 130,832,000 121,684,000 94,651,000 88,448,000 83,149,000 75,370,000 71,119,000 68,685,000 69,142,000 58,311,000 58,986,000 58,918,000 59,087,000           
        agent loans
      102,436,000 93,953,000 94,740,000 85,027,000 85,723,000 80,597,000 79,829,000 56,813,000 57,470,000 58,434,000 59,544,000 60,367,000 59,315,000 60,537,000 60,673,000 61,865,000 61,579,000 58,683,000 59,462,000 60,070,000 59,916,000 62,449,000 58,339,000 58,602,000 59,877,000                            
        defined benefit pension plan
      66,617,000 24,137,000 51,819,000 54,650,000 57,480,000 21,311,000 64,172,000 65,221,000 66,270,000 34,320,000 65,163,000                                          
        other assets
      48,617,000 48,489,000 45,897,000 47,021,000 47,805,000 43,278,000 48,318,000 47,731,000 48,839,000 42,934,000 36,110,000 34,776,000 32,075,000 43,295,000 45,085,000 48,262,000 49,804,000 49,265,000 57,704,000 48,652,000 44,273,000 40,081,000 32,489,000 32,702,000 32,624,000 96,853,000 95,138,000 89,568,000 92,860,000 61,590,000 62,539,000 47,834,000 45,300,000 28,793,000 29,424,000 22,355,000 21,224,000 20,096,000 19,577,000 18,892,000 19,647,000 20,968,000 561,000,000 542,000,000 528,000,000 501,000,000 480,000,000 517,000,000 485,000,000 451,000,000 436,000,000 451,000,000 
        total assets
      3,376,678,000 3,355,481,000 3,324,328,000 3,128,214,000 2,968,228,000 2,888,614,000 2,864,147,000 2,691,960,000 2,555,794,000 2,471,964,000 2,394,549,000 2,325,511,000 2,223,969,000 2,239,456,000 2,177,752,000 2,180,222,000 2,223,853,000 2,242,057,000 2,236,558,000 2,163,644,000 2,099,098,000 2,117,122,000 2,159,342,000 2,082,861,000 1,957,493,000 2,016,240,000 1,974,580,000 1,889,647,000 1,799,456,000 1,778,327,000 1,759,503,000 1,652,275,000 1,573,476,000 1,665,859,000 1,631,429,000 1,567,225,000 1,490,036,000 1,548,955,000 1,485,015,000 1,414,826,000 1,340,624,000 1,407,296,000 18,115,000,000 18,069,000,000 17,993,000,000 17,758,000,000 17,578,000,000 17,460,000,000 16,931,000,000 16,676,000,000 16,384,000,000 15,879,000,000 
        liabilities and shareholders' equity
                                                          
        current liabilities:
                                                          
        commissions payable
      440,465,000 425,320,000 425,310,000 446,424,000 429,380,000 408,309,000 426,341,000 413,205,000 384,613,000 353,709,000 357,614,000 347,795,000 322,910,000 300,028,000 310,225,000 305,984,000 287,989,000 270,746,000 280,540,000 284,234,000 272,670,000 262,338,000 275,594,000 282,436,000 270,328,000 262,963,000 272,932,000 267,403,000 253,002,000 241,573,000 257,015,000 253,328,000 240,848,000 228,124,000 236,056,000 232,905,000 219,256,000 210,559,000 218,267,000 217,203,000 202,816,000 195,542,000           
        agent incentive compensation
      58,393,000 132,560,000 99,717,000 70,101,000 42,190,000 75,458,000 60,073,000 44,870,000 26,968,000 68,077,000                                           
        accounts payable and accrued liabilities
      229,421,000 200,701,000 199,995,000 193,032,000 210,708,000 190,028,000 194,649,000 198,689,000 213,062,000 175,622,000 165,797,000 164,718,000 168,142,000 165,915,000 149,020,000 141,861,000 186,386,000 138,317,000 148,282,000 150,346,000 168,127,000 150,706,000 148,075,000 137,745,000 130,035,000 134,957,000 131,453,000 124,794,000 123,179,000 111,291,000 113,204,000 97,139,000 95,789,000 104,533,000 99,331,000 86,844,000 81,551,000 88,153,000 94,504,000 90,856,000 79,333,000            
        dividends payable
      68,109,000 68,109,000 63,569,000 63,569,000 63,569,000 63,569,000 59,377,000 59,377,000 59,377,000 59,377,000 55,419,000 55,419,000 55,419,000 55,419,000 51,693,000 51,693,000 51,693,000 51,693,000 48,200,000 48,200,000 48,200,000 48,200,000 44,940,000 44,940,000 44,940,000 44,940,000 41,913,000 41,913,000 41,913,000 41,910,000 39,119,000 39,119,000 39,119,000 39,116,000 36,441,000 36,441,000 36,441,000 36,441,000 33,996,000 33,996,000 33,996,000 33,996,000           
        contract liability
      47,432,000 47,561,000 47,949,000 46,213,000 44,102,000 42,761,000 42,754,000 41,570,000 40,555,000 41,210,000 40,831,000 39,046,000 37,187,000 36,547,000 36,786,000 35,836,000 34,872,000 34,935,000 35,853,000 35,742,000 35,799,000 36,917,000 37,420,000 36,625,000 35,810,000 35,938,000 36,318,000 35,374,000 34,116,000 33,854,000 34,086,000 33,137,000 31,951,000                    
        deferred executive compensation
      6,466,000 9,400,000 6,700,000 7,181,000 9,636,000 14,874,000 15,836,000 8,216,000 2,941,000 10,982,000 11,000,000 7,672,000 7,345,000 12,036,000 8,859,000 6,045,000 6,752,000 12,637,000 10,757,000 8,581,000 13,825,000 17,319,000 12,701,000 9,674,000 10,910,000 10,882,000 10,328,000 12,605,000 10,346,000 13,107,000 11,071,000 8,801,000 9,710,000 15,605,000 12,794,000 9,898,000 14,613,000 19,675,000 16,873,000 13,252,000 15,132,000 20,877,000           
        securities lending payable
      49,621,000 61,936,000 54,325,000 35,159,000 12,706,000 7,513,000 7,905,000 6,345,000                                             
        total current liabilities
      899,907,000 945,587,000 897,565,000 861,679,000 812,291,000 802,512,000 806,935,000 772,272,000 727,516,000 708,977,000 680,913,000 652,093,000 611,568,000 665,111,000 634,192,000 636,565,000 601,331,000 630,863,000 614,263,000 591,861,000 571,440,000 627,669,000 606,460,000 589,123,000 541,724,000 587,712,000 568,824,000 535,360,000 502,522,000 547,067,000 544,508,000 497,864,000 447,649,000 509,906,000 483,401,000 431,021,000 404,221,000 469,600,000 453,258,000 415,502,000 371,758,000 445,699,000           
        deferred income taxes
      19,982,000 24,788,000 19,776,000 476,000 3,704,000 6,418,000 12,777,000 5,192,000 6,593,000 11,481,000 11,045,000 15,647,000 16,081,000 14,075,000 20,859,000 20,491,000 9,818,000 145,000 17,153,000 17,971,000 16,454,000 12,341,000 21,618,000 18,895,000 19,281,000 17,186,000 15,505,000 19,090,000 22,180,000 24,101,000 37,660,000 31,527,000 29,055,000 19,390,000 47,558,000 51,811,000 52,495,000 53,889,000 36,161,000 35,780,000 35,250,000 40,686,000 283,000,000 413,000,000 494,000,000 490,000,000 465,000,000 557,000,000 492,000,000 450,000,000 368,000,000 312,000,000 
        other long-term liabilities
      22,286,000 22,998,000 22,885,000 13,629,000 14,038,000 23,465,000 23,493,000 22,106,000 28,497,000 21,565,000 24,758,000 25,353,000 25,055,000 29,019,000 26,294,000 27,234,000 26,600,000 14,342,000 17,783,000 17,867,000 17,062,000 9,444,000 11,495,000 14,895,000 19,433,000 21,605,000 22,396,000 32,761,000 27,754,000 11,914,000 9,828,000 422,000 1,029,000 1,476,000 1,509,000 1,004,000 2,972,000 1,863,000 1,763,000 140,000 1,500,000 1,580,000           
        total liabilities
      1,023,157,000 1,072,107,000 1,015,450,000 943,669,000 900,877,000 901,356,000 916,192,000 863,147,000 829,614,000 809,129,000 782,660,000 780,599,000 737,002,000 791,048,000 821,173,000 840,816,000 889,653,000 899,579,000 949,702,000 918,542,000 890,965,000 929,074,000 912,125,000 888,722,000 840,501,000 882,987,000 855,309,000 826,193,000 785,652,000 804,655,000 838,480,000 772,087,000 733,321,000 808,515,000 756,279,000 714,011,000 660,178,000 732,045,000 646,086,000 599,632,000 555,757,000 637,793,000 9,990,000,000 9,907,000,000 9,856,000,000 9,775,000,000 9,742,000,000 9,639,000,000 9,241,000,000 9,126,000,000 9,185,000,000 8,911,000,000 
        shareholders’ equity
                                                          
        class a common stock
      1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 1,992,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 
        class b common stock
      178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000 178,000           
        additional paid-in-capital
      16,500,000 16,492,000 16,494,000 16,494,000 16,494,000 16,466,000 16,466,000 16,466,000 16,466,000 16,466,000 16,466,000 16,466,000 16,466,000 16,481,000 16,481,000 16,481,000 16,481,000 16,496,000 16,496,000 16,496,000 16,496,000 16,487,000 16,487,000 16,487,000 16,487,000 16,483,000 16,483,000 16,483,000 16,483,000 16,459,000 16,459,000 16,459,000 16,461,000 16,470,000 16,470,000 16,470,000 16,292,000 16,300,000 16,300,000 16,300,000 16,311,000 16,311,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 
        accumulated other comprehensive loss
      -64,247,000 -52,021,000 -31,247,000 -36,296,000 -42,374,000 -47,591,000  -17,123,000 -15,230,000 -13,400,000 -12,794,000 -4,150,000  -7,414,000 -89,172,000 -73,725,000 -50,477,000 -25,288,000 -77,562,000 -77,293,000 -83,432,000 -78,143,000 -97,531,000 -106,333,000 -146,444,000 -116,868,000 -116,203,000 -119,764,000 -123,574,000 -130,284,000 -162,529,000 -162,037,000 -161,486,000 -156,059,000 -118,935,000 -118,768,000 -119,860,000 -121,381,000 -90,018,000 -90,373,000 -93,399,000 -96,864,000 -121,000,000 -120,000,000 -118,000,000 -118,000,000 -56,000,000 -55,000,000 -56,000,000 -59,000,000 -140,000,000 -138,000,000 
        retained earnings
      3,545,188,000 3,462,823,000 3,467,551,000 3,348,267,000 3,237,151,000 3,162,303,000 3,073,843,000 2,973,390,000 2,868,864,000 2,803,689,000 2,752,137,000 2,676,516,000 2,614,083,000 2,583,261,000 2,573,190,000 2,540,570,000 2,512,116,000 2,495,190,000 2,491,842,000 2,449,819,000 2,418,989,000 2,393,624,000 2,472,181,000 2,427,905,000 2,390,869,000 2,377,558,000 2,362,911,000 2,310,655,000 2,264,815,000 2,231,417,000 2,211,013,000 2,169,686,000 2,129,100,000 2,140,853,000 2,121,535,000 2,099,432,000 2,077,346,000 2,065,911,000 2,056,567,000 2,033,187,000 2,005,875,000 1,993,976,000 1,999,000,000 1,980,000,000 1,956,000,000 1,949,000,000 1,955,000,000 1,938,000,000 1,918,000,000 1,902,000,000 1,896,000,000 1,878,000,000 
        total contributed capital and retained earnings
      3,499,611,000 3,429,464,000 3,454,968,000 3,330,635,000 3,213,441,000 3,133,348,000 3,094,045,000 2,974,903,000 2,872,270,000 2,808,925,000 2,757,979,000 2,691,002,000 2,633,057,000 2,594,498,000 2,502,669,000 2,485,496,000 2,480,290,000 2,488,568,000 2,432,946,000 2,391,192,000 2,354,223,000 2,334,138,000 2,393,307,000 2,340,229,000 2,263,082,000 2,279,343,000 2,265,361,000 2,209,544,000 2,159,894,000 2,119,762,000 2,067,113,000 2,026,278,000 1,986,245,000 2,003,434,000 2,021,240,000 1,999,304,000 1,975,948,000 1,963,000,000 1,985,019,000 1,961,284,000 1,930,957,000 1,915,593,000 1,896,000,000 1,878,000,000 1,856,000,000 1,849,000,000 1,917,000,000 1,901,000,000 1,880,000,000 1,861,000,000 1,774,000,000 1,758,000,000 
        treasury stock
      -1,171,160,000 -1,171,014,000 -1,170,699,000 -1,170,332,000 -1,169,536,000 -1,169,074,000 -1,168,719,000 -1,168,297,000 -1,169,317,000 -1,169,165,000 -1,168,761,000 -1,168,380,000 -1,169,355,000 -1,168,949,000 -1,168,482,000 -1,169,140,000 -1,168,332,000 -1,167,828,000 -1,167,490,000 -1,167,211,000 -1,163,640,000 -1,163,670,000 -1,162,917,000 -1,162,546,000 -1,159,682,000 -1,158,910,000 -1,158,620,000 -1,158,300,000 -1,158,779,000 -1,157,625,000 -1,157,310,000 -1,156,999,000 -1,157,331,000 -1,155,668,000 -1,155,396,000 -1,155,114,000 -1,156,162,000 -1,155,846,000 -1,155,571,000 -1,155,301,000 -1,155,108,000 -1,155,108,000 -1,146,000,000 -1,146,000,000 -1,146,000,000 -1,146,000,000 -1,146,000,000 -1,146,000,000 -1,138,000,000 -1,127,000,000 -1,117,000,000 -1,111,000,000 
        deferred compensation
      25,070,000 24,924,000 24,609,000 24,242,000 23,446,000 22,984,000 22,629,000 22,207,000 23,227,000 23,075,000 22,671,000 22,290,000 23,265,000 22,859,000 22,392,000 23,050,000 22,242,000 21,738,000 21,400,000 21,121,000 17,550,000 17,580,000 16,827,000 16,456,000 13,592,000 12,820,000 12,530,000 12,210,000 12,689,000 11,535,000 11,220,000 10,909,000 11,241,000 9,578,000 9,306,000 9,024,000 10,072,000 9,756,000 9,481,000 9,211,000 9,018,000 9,018,000           
        total shareholders’ equity
      2,353,521,000  2,308,878,000 2,184,545,000 2,067,351,000  1,947,955,000 1,828,813,000 1,726,180,000  1,611,889,000 1,544,912,000 1,486,967,000  1,356,579,000 1,339,406,000 1,334,200,000  1,286,856,000 1,245,102,000 1,208,133,000  1,247,217,000 1,194,139,000 1,116,992,000  1,119,271,000 1,063,454,000 1,013,804,000  921,023,000 880,188,000 840,155,000  875,150,000 853,214,000 829,858,000 816,910,000 838,929,000 815,194,000 784,867,000 769,503,000           
        total liabilities and shareholders’ equity
      3,376,678,000  3,324,328,000 3,128,214,000 2,968,228,000  2,864,147,000 2,691,960,000 2,555,794,000  2,394,549,000 2,325,511,000 2,223,969,000  2,177,752,000 2,180,222,000 2,223,853,000  2,236,558,000 2,163,644,000 2,099,098,000  2,159,342,000 2,082,861,000 1,957,493,000  1,974,580,000 1,889,647,000 1,799,456,000  1,759,503,000 1,652,275,000 1,573,476,000  1,631,429,000 1,567,225,000 1,490,036,000 1,548,955,000 1,485,015,000 1,414,826,000 1,340,624,000 1,407,296,000           
        shareholders' equity
                                                          
        total shareholders' equity
       2,283,374,000    1,987,258,000    1,662,835,000    1,448,408,000    1,342,478,000    1,188,048,000    1,133,253,000    973,672,000    857,344,000                   
        total liabilities and shareholders' equity
       3,355,481,000    2,888,614,000    2,471,964,000    2,239,456,000    2,242,057,000    2,117,122,000    2,016,240,000    1,778,327,000    1,665,859,000                   
        accumulated other comprehensive income
            1,566,000      338,000                                        
        defined benefit pension plans
               26,260,000 27,744,000 55,075,000 53,522,000 51,224,000 131,222,000 148,078,000 139,231,000 130,383,000 192,808,000 184,111,000 174,228,000 164,346,000 169,358,000 161,458,000 153,558,000 145,659,000 136,078,000 129,674,000 123,270,000 116,866,000 154,736,000 145,667,000 176,598,000 207,530,000 208,528,000 219,972,000 211,415,000 221,827,000 178,257,000 170,619,000 162,981,000 172,700,000           
        agent bonuses
                50,252,000 37,443,000 20,565,000 95,166,000 77,609,000 55,146,000 31,507,000 120,437,000 88,556,000 62,694,000 30,766,000 110,158,000 85,709,000 60,264,000 29,661,000 96,053,000 73,921,000 51,357,000 26,129,000 103,462,000 79,308,000 56,482,000 30,232,000 122,528,000 93,448,000 62,845,000 32,882,000 114,772,000 84,805,000 58,235,000 31,940,000 106,752,000           
        current portion of long-term borrowings
                      2,132,000 2,098,000 2,075,000 2,064,000 2,053,000 2,031,000 2,021,000 1,998,000 2,000,000 1,979,000 1,959,000 1,914,000 1,891,000 1,870,000 1,395,000 925,000                     
        long-term borrowings
                      91,177,000 91,734,000 92,273,000 92,795,000 93,311,000 93,833,000 94,337,000 94,849,000 95,342,000 95,842,000 96,346,000 96,860,000 97,382,000 97,860,000 98,332,000 98,800,000 74,726,000 74,728,000 49,734,000 49,742,000 24,753,000 24,766,000               
        short-term borrowings
                     40,000,000                                     
        federal income taxes recoverable
                           2,664,000 3,965,000   462,000 6,075,000 7,791,000  8,162,000   14,716,000 29,900,000    5,260,000    11,947,000           
        limited partnership investments
                            10,006,000 15,463,000 22,492,000 26,775,000 32,171,000 30,344,000 30,038,000 34,821,000 37,088,000 39,651,000 44,114,000 45,122,000 49,451,000 53,230,000 54,457,000 58,159,000 65,949,000 70,952,000 82,912,000 88,535,000           
        federal income taxes payable
                             15,441,000 18,040,000    11,946,000  9,310,000 8,933,000   5,331,000 2,088,000 19,478,000  4,813,000 1,960,000 8,541,000            
        note receivable from erie family life insurance company
                                    25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000           
        employee benefit obligations
                                    69,000 194,000 313,000 423,000 330,000 462,000 605,000 756,000 751,000 910,000 1,072,000 1,234,000           
        trading securities
                                             496,000 2,955,000            
        accrued expenses and other current liabilities
                                               42,006,000           
        accounts payable
                                               46,526,000           
        investments – indemnity
                                                          
        available-for-sale securities, at fair value:
                                                          
        fixed maturities
                                                588,000,000 561,000,000 556,000,000 564,000,000 563,000,000 497,000,000 502,000,000 526,000,000 499,000,000 438,000,000 
        limited partnerships
                                                95,000,000 101,000,000 100,000,000 113,000,000 134,000,000 141,000,000 145,000,000 146,000,000 158,000,000 166,000,000 
        other invested assets
                                                1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 
        investments – exchange
                                                          
        trading securities, at fair value
                                                2,981,000,000 3,144,000,000 3,096,000,000 3,223,000,000 3,125,000,000 3,377,000,000 3,253,000,000 3,202,000,000 2,945,000,000 2,724,000,000 
        total investments
                                                14,650,000,000 14,881,000,000 14,950,000,000 14,669,000,000 14,626,000,000 14,608,000,000 14,140,000,000 13,866,000,000 13,420,000,000 13,102,000,000 
        premiums receivable from policyholders – exchange
                                                1,417,000,000 1,384,000,000 1,304,000,000 1,281,000,000 1,323,000,000 1,287,000,000 1,194,000,000 1,167,000,000 1,203,000,000 1,191,000,000 
        reinsurance recoverable – exchange
                                                162,000,000 162,000,000 162,000,000 161,000,000 165,000,000 168,000,000 175,000,000 172,000,000 174,000,000 174,000,000 
        deferred income taxes – indemnity
                                                51,000,000 44,000,000 40,000,000 37,000,000 2,000,000 1,000,000  2,000,000 42,000,000 43,000,000 
        deferred acquisition costs – exchange
                                                656,000,000 635,000,000 589,000,000 595,000,000 603,000,000 579,000,000 558,000,000 566,000,000 574,000,000 553,000,000 
        liabilities and shareholders’ equity
                                                          
        liabilities
                                                          
        indemnity liabilities
                                                          
        other liabilities
                                                644,000,000 589,000,000 552,000,000 611,000,000 482,000,000 451,000,000 422,000,000 476,000,000 574,000,000 535,000,000 
        exchange liabilities
                                                          
        losses and loss expense reserves
                                                3,923,000,000 3,963,000,000 3,966,000,000 3,853,000,000 3,933,000,000 3,964,000,000 3,838,000,000 3,747,000,000 3,712,000,000 3,668,000,000 
        life policy and deposit contract reserves
                                                1,848,000,000 1,837,000,000 1,827,000,000 1,812,000,000 1,801,000,000 1,789,000,000 1,775,000,000 1,758,000,000 1,754,000,000 1,739,000,000 
        unearned premiums
                                                3,109,000,000 3,007,000,000 2,845,000,000 2,834,000,000 2,896,000,000 2,788,000,000 2,625,000,000 2,598,000,000 2,654,000,000 2,553,000,000 
        indemnity shareholders’ equity
                                                          
        total indemnity shareholders’ equity
                                                750,000,000 732,000,000 710,000,000 703,000,000 771,000,000 755,000,000 742,000,000 734,000,000 657,000,000 647,000,000 
        noncontrolling interest in consolidated entity – exchange
                                                7,375,000,000 7,430,000,000 7,427,000,000 7,280,000,000 7,065,000,000 7,066,000,000 6,948,000,000 6,816,000,000 6,542,000,000 6,321,000,000 
        total equity
                                                8,125,000,000 8,162,000,000 8,137,000,000 7,983,000,000 7,836,000,000 7,821,000,000 7,690,000,000 7,550,000,000 7,199,000,000 6,968,000,000 
        total liabilities, shareholders’ equity, and noncontrolling interest
                                                18,115,000,000 18,069,000,000 17,993,000,000 17,758,000,000 17,578,000,000 17,460,000,000 16,931,000,000 16,676,000,000   
        indemnity’s shareholders’ equity
                                                          
        total liabilities, shareholders’ equity and noncontrolling interest
                                                        16,384,000,000 15,879,000,000 
                                                          
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 
                                                           
          cash flows from operating activities
                                                           
          management fee received
        802,892,000 791,468,000 943,766,000 713,712,000 760,565,000 736,108,000 772,315,000 725,656,000 664,288,000 620,511,000 637,106,000 604,670,000 557,905,000 526,295,000 555,678,000 528,656,000 490,360,000 485,720,000 511,055,000 499,277,000 486,040,000 453,467,000 496,108,000 484,327,000 453,635,000 457,198,000 484,919,000 469,223,000 433,735,000 441,478,000 450,075,000 440,797,000 418,897,000 401,592,000 419,837,000 416,783,000 389,346,000 381,465,000 398,041,000 393,345,000 363,848,000           
          administrative services reimbursements received
        199,831,000 204,644,000 109,125,000 278,382,000 221,955,000 218,789,000 183,453,000 164,062,000 209,846,000 182,985,000 179,611,000 161,700,000 197,632,000 181,776,000 169,262,000 123,900,000 193,919,000 162,905,000 169,886,000 143,817,000 157,692,000 155,214,000 152,444,000 139,389,000 140,300,000 167,558,000 124,307,000 148,082,000 148,308,000 146,627,000 130,015,000 147,634,000 150,422,000                   
          service agreement revenue received
        5,941,000 6,080,000 6,936,000 5,303,000 6,432,000 6,542,000 6,815,000 6,475,000 6,514,000 6,651,000 6,579,000 6,429,000 6,359,000                                       
          net investment income received
        22,837,000 19,446,000 21,458,000 18,469,000 19,326,000 18,596,000 17,457,000 15,640,000 15,950,000 14,869,000 15,510,000 13,323,000 13,746,000 11,260,000 10,306,000 9,085,000 9,510,000 17,873,000 9,222,000 8,862,000 9,873,000 9,674,000 7,849,000 8,853,000 9,364,000 9,050,000 8,662,000 7,687,000 9,112,000 10,864,000 9,346,000 8,328,000 8,951,000 7,688,000 8,571,000 7,469,000 7,553,000 7,153,000 6,722,000 6,739,000 6,182,000 -371,001,000 135,000,000 136,000,000 126,000,000 122,000,000 127,000,000 114,000,000 121,000,000 113,000,000 115,000,000 
          commissions paid to agents
        -389,960,000 -377,672,000 -447,816,000 -412,589,000 -370,528,000 -375,303,000 -386,648,000 -366,286,000 -315,059,000 -310,504,000 -325,292,000 -302,406,000 -261,812,000 -270,494,000 -278,606,000 -262,227,000 -230,831,000 -239,874,000 -261,861,000 -245,204,000 -219,346,000 -232,417,000 -247,825,000 -232,623,000 -215,999,000 -225,945,000 -235,019,000 -229,966,000 -204,633,000 -214,184,000 -225,694,000 -221,077,000 -192,803,000 -202,927,000 -211,300,000 -203,748,000 -182,652,000 -191,223,000 -201,522,000 -191,343,000 -172,625,000           
          incentive compensation paid to agents
        -134,249,000 -4,868,000 -4,525,000 -6,384,000 -79,017,000 -6,565,000 -7,666,000 -8,220,000 -72,413,000                                           
          salaries and wages paid
        -76,066,000 -63,945,000 -61,340,000 -59,277,000 -79,844,000 -60,049,000 -57,862,000 -49,023,000 -82,203,000 -47,860,000 -54,675,000 -47,563,000 -75,938,000 -43,849,000 -50,651,000 -42,847,000 -71,228,000 -43,495,000 -47,332,000 -45,079,000 -68,373,000 -41,650,000 -46,060,000 -50,840,000 -49,520,000 -48,181,000 -36,514,000 -50,925,000 -50,840,000 -45,669,000 -34,267,000 -47,933,000 -54,668,000 -43,476,000 -32,609,000 -48,020,000 -47,442,000 -40,994,000 -29,482,000 -44,777,000 -45,732,000           
          pension contribution and employee benefits paid
        -65,201,000 -18,703,000 -18,330,000 -17,726,000 -60,501,000 -20,547,000 -19,629,000 -16,212,000 -54,376,000 -18,770,000    -11,211,000                 -7,384,000 -50,135,000 -49,199,000 -27,144,000 -29,100,000 -7,180,000 -26,557,000 -6,909,000 -5,710,000 -6,995,000 -24,636,000           
          general operating expenses paid
        -69,161,000 -80,105,000 -81,928,000 -72,672,000 -81,938,000 -78,598,000 -68,573,000 -81,038,000 -80,064,000 -66,908,000 -74,974,000 -71,196,000 -80,779,000 -76,372,000 -54,855,000 -74,820,000 -57,477,000 -55,266,000 -53,655,000 -69,917,000 -56,456,000 -59,932,000 -60,191,000 -64,931,000 -68,491,000 -56,329,000 -61,884,000 -57,476,000 -60,439,000 -63,277,000 -33,378,000 -52,348,000 -59,033,000 -31,099,000 -54,863,000 -52,122,000 -61,000,000 -42,300,000 -42,014,000 -39,495,000 -52,220,000           
          administrative services expenses paid
        -204,965,000 -204,789,000 -217,370,000 -196,191,000 -218,352,000 -209,523,000 -196,491,000 -176,604,000 -208,432,000 -189,295,000 -178,606,000 -172,489,000 -189,739,000 -170,517,000 -163,475,000 -151,095,000 -182,437,000 -161,007,000 -160,906,000 -148,886,000 -161,731,000 -158,222,000 -142,485,000 -148,380,000 -149,666,000 -157,609,000 -133,783,000 -148,090,000 -143,046,000 -152,486,000 -132,217,000 -148,700,000 -146,935,000                   
          income taxes (paid) recovered
        -7,000            -370,000        -1,000            -276,000                   
          net cash from operating activities
        91,892,000 171,557,000 219,406,000 177,576,000 118,118,000 193,458,000 199,171,000 131,427,000 87,193,000 148,436,000 52,762,000 131,976,000 48,031,000 128,044,000 131,834,000 82,721,000 23,553,000 138,756,000 136,318,000 94,238,000 33,482,000 108,117,000 107,196,000 107,205,000 20,077,000 126,661,000 123,450,000 90,176,000 24,240,000 89,271,000 132,721,000 81,823,000 -40,230,000 76,792,000 80,843,000 74,613,000 -35,122,000 98,785,000 105,069,000 72,244,000 -21,762,000 -445,622,000 352,000,000 221,000,000 90,000,000 230,000,000 304,000,000 191,000,000 54,000,000 214,000,000 359,000,000 
          capital expenditures
        -19,000,000 -14,000,000 -12,000,000 -23,000,000 -12,000,000 -11,000,000 -6,000,000 -18,000,000 -5,000,000 
          free cash flows
        91,892,000 171,557,000 219,406,000 177,576,000 118,118,000 193,458,000 199,171,000 131,427,000 87,193,000 148,436,000 52,762,000 131,976,000 48,031,000 128,044,000 131,834,000 82,721,000 23,553,000 138,756,000 136,318,000 94,238,000 33,482,000 108,117,000 107,196,000 107,205,000 20,077,000 126,661,000 123,450,000 90,176,000 24,240,000 89,271,000 132,721,000 81,823,000 -40,230,000 76,792,000 80,843,000 74,613,000 -35,122,000 98,785,000 105,069,000 72,244,000 -21,762,000 -445,622,000 333,000,000 207,000,000 78,000,000 207,000,000 292,000,000 180,000,000 48,000,000 196,000,000 354,000,000 
          cash flows from investing activities
                                                           
          purchase of investments:
                                                           
          available-for-sale securities
        -187,180,000 -471,450,000 -12,930,000 -77,356,000 -131,330,000 -100,266,000 -137,381,000 -158,470,000 -77,530,000 -73,383,000 -82,849,000 -76,173,000 -47,594,000 -89,605,000 -163,974,000 -120,437,000 -91,055,000 -112,950,000 -98,396,000 -93,488,000 -75,183,000 -57,921,000 -139,901,000 -60,750,000 -137,442,000 -103,932,000 -237,502,000 -394,573,000 -220,811,000 -198,122,000 -79,925,000 -37,585,000 -77,263,000 -98,479,000 -107,899,000 -119,282,000 -65,521,000 -100,574,000 -107,402,000 -94,278,000 -67,557,000           
          equity securities
        -3,168,000 -21,159,000 -1,250,000 -7,571,000 -6,946,000 -7,134,000 -12,523,000 -6,005,000 -7,137,000 -9,285,000 -7,505,000 -8,983,000 -9,707,000 -5,973,000 -5,799,000 -2,538,000 -4,619,000 -12,537,000 -17,246,000 -9,589,000 -18,819,000 -12,671,000 -22,440,000 -26,318,000 -18,089,000 -20,224,000    -3,052,000 -1,035,000                   
          proceeds from investments:
                                                           
          available-for-sale securities sales
        106,790,000 127,944,000 14,318,000 28,982,000 34,721,000 48,802,000 51,185,000 79,250,000 25,922,000 34,253,000 47,553,000 36,093,000 42,715,000 57,264,000 114,974,000 75,467,000 48,291,000 41,284,000 49,666,000 27,965,000 31,238,000 12,454,000 20,287,000 24,415,000 44,562,000 31,828,000 224,923,000 281,441,000 149,155,000 109,410,000 49,526,000 18,670,000 57,717,000 23,899,000 62,567,000 41,218,000 16,633,000               
          available-for-sale securities maturities/calls
        39,998,000 53,234,000 67,920,000 33,137,000 34,278,000 44,467,000 51,519,000 53,729,000 46,926,000 20,845,000 26,800,000 14,570,000 14,402,000 18,982,000 36,791,000 31,929,000 42,699,000 42,206,000 42,826,000 54,643,000 45,145,000 26,121,000 34,009,000 23,317,000 35,405,000 20,952,000 20,944,000 107,559,000 154,343,000 35,474,000 29,248,000 41,201,000 28,473,000 48,546,000 46,392,000 56,582,000 43,460,000               
          purchase of fixed assets
        -37,414,000 -30,767,000 -34,994,000 -20,257,000 -29,674,000 -46,643,000 -27,714,000 -28,042,000 -22,446,000 -20,546,000 -27,098,000 -25,861,000 -19,142,000 -16,319,000 -22,864,000 -12,563,000 -15,458,000 -110,703,000 -9,900,000 -17,051,000 -11,146,000 -3,239,000 -14,863,000 -16,340,000 -21,086,000 -33,676,000 -34,103,000 -16,849,000 -17,411,000                       
          loans to agents and others
        -14,811,000 -4,759,000 -12,580,000 -5,598,000 -12,568,000 -4,045,000                                              
          collections on agent and other loans
        2,820,000 3,517,000 2,513,000 4,728,000 2,113,000                                               
          net cash from investing activities
        -88,726,000 -338,276,000 35,520,000 -38,812,000 -97,760,000 -56,506,000 -90,774,000 -52,633,000 -26,999,000 -51,835,000 -37,466,000 -55,938,000 -12,326,000 -31,925,000 -32,801,000 -28,464,000 -13,732,000 -142,332,000 -7,647,000 -24,683,000 -10,828,000 -24,654,000 -103,148,000 -32,674,000 -82,749,000 -92,393,000 -74,456,000 -21,543,000 63,758,000 -28,423,000 -47,322,000 11,086,000 -16,739,000 -34,248,000 -4,469,000 -28,865,000 -7,081,000 -40,306,000 -55,371,000 -19,418,000 -21,849,000 475,622,000 -125,000,000 -195,000,000 -155,000,000 -63,000,000 -201,000,000 -237,000,000 -95,000,000 -261,000,000 -163,000,000 
          cash flows from financing activities
                                                           
          dividends paid to shareholders
        -68,109,000 -63,569,000 -63,568,000 -63,569,000 -63,569,000 -59,376,000 -59,378,000 -59,377,000 -59,377,000 -55,419,000 -55,419,000 -55,418,000 -55,419,000 -51,693,000 -51,693,000 -51,693,000 -51,693,000 -48,201,000 -48,200,000 -48,200,000 -48,200,000 -138,081,000 -44,940,000 -44,941,000 -44,940,000 -41,914,000 -41,913,000 -41,914,000 -41,910,000 -39,119,000 -39,120,000 -39,119,000 -39,116,000 -36,441,000 -36,441,000 -36,442,000 -36,441,000 -33,996,000 -33,996,000 -33,997,000 -33,996,000 -31,858,000 -32,000,000 -31,000,000 -32,000,000 -30,000,000 -30,000,000 -29,000,000 -30,000,000 -28,000,000 -28,000,000 
          net changes in cash collateral for securities lent
        -12,315,000 7,611,000 19,166,000 22,453,000 5,193,000 -392,000 1,560,000                                             
          net cash from financing activities
        -80,424,000 -55,958,000 -44,402,000 -41,116,000 -58,376,000 -59,768,000 -57,818,000 -53,032,000 -59,377,000 -55,419,000 -55,419,000 -55,418,000 -55,419,000 -51,693,000 -91,693,000 -105,238,000 -52,218,000 -48,718,000 -48,713,000 -48,709,000 -48,702,000 -138,578,000 -45,431,000 -45,439,000 -45,421,000 -42,401,000 -42,384,000 -42,416,000 -42,370,000 -39,119,000 -39,123,000 -14,124,000 -39,125,000 -11,451,000 -36,455,000 -11,457,000 -36,451,000 -9,220,000 -33,996,000 -33,997,000 -33,996,000 -42,858,000 -30,000,000 -25,000,000 -29,000,000 -32,000,000 -24,000,000 -33,000,000 -32,000,000 -36,000,000 -26,000,000 
          net decrease in cash, cash equivalents and restricted cash
        -77,258,000                                                   
          cash, cash equivalents and restricted cash, beginning of period
        345,874,000  298,397,000                                               
          cash, cash equivalents and restricted cash, end of period
        268,616,000  210,524,000 97,648,000 260,379,000                                               
          supplemental disclosure of noncash transactions
                                                           
          liability incurred to purchase fixed assets
        1,549,000 2,102,000 23,415,000 844,000 4,462,000 -371,000 -5,219,000 16,382,000     1,553,000 7,160,000 17,673,000 -300,000 78,000 -4,074,000 17,098,000 13,718,000 -318,000 47,000 767,000 -1,486,000 -6,694,000                         
          operating lease assets obtained in exchange for lease liabilities
        738,000 1,038,000 439,000 1,204,000 1,319,000 765,000 2,443,000 1,791,000 2,872,000 -1,808,000 3,917,000 3,087,000 670,000                                       
          contribution to charitable foundation
                                                           
          income taxes paid
         1,000 -30,570,000   -35,992,000 -44,000,000   -36,000,000 -32,000,000   -20,630,000 -21,000,000   -20,990,000 -23,001,000   -10,000,000 -46,951,000   -11,954,000 -21,000,000   -29,606,000 -29,000,000   -35,746,000 -22,737,000   -35,250,000 -27,099,000 -42,000,000 -258,000 239,653,000 -98,000,000 -176,000,000 -72,000,000 -64,000,000 -28,000,000 -84,000,000 -14,000,000 -76,000,000 -59,000,000 
          other investments
             -75,000   -81,000 -4,000 -3,000   -1,041,000 -256,000 -349,000 -374,000 -165,000   -780,000 -128,000                         
          net increase in cash, cash equivalents and restricted cash
         -222,677,000 210,524,000 97,648,000 -38,018,000 77,184,000 50,579,000                                             
          cash, cash equivalents and restricted cash, beginning of year
                                                           
          cash, cash equivalents and restricted cash, end of year
                                                           
          receipt of donated equipment
                                                         
          income taxes recovered
            20,000    3,142,000        17,000        375,000    138,000        234,000               
          interest paid
                     -197,000 -916,000 -1,021,000 -1,027,000 -1,032,000 -1,038,000 -1,044,000 -688,000 -1,000 10,000 -14,000 -134,000 -271,000 -448,000 -557,000 -755,000 -515,000 -550,000 -333,000 -380,000 -161,000 -164,000               
          proceeds from disposal of fixed assets
                     109,000 126,000 30,000                                   
          collections on agent loans
             2,393,000 2,093,000 2,736,000 2,846,000  2,034,000 2,398,000 2,325,000 2,010,000 2,215,000 2,078,000 2,220,000 2,155,000 3,640,000 1,446,000 2,138,000 1,837,000 2,058,000 1,634,000 1,943,000   1,678,000 2,313,000                       
          proceeds from short-term borrowings
                                                         
          payments on short-term borrowings
                     -40,000,000                                     
          payments on long-term borrowings
                                                         
          cash, cash equivalents and restricted cash beginning of period
                                                          
          cash, cash equivalents and restricted cash end of period
              50,579,000                                             
          loans to agents and other
                                                           
          loans to agents
                -2,507,000  -1,323,000 -3,247,000 -903,000 -2,061,000 -801,000 -3,574,000 -5,195,000 -734,000 -2,718,000 -1,933,000 -997,000 -6,325,000 -1,460,000 -510,000 -1,803,000                           
          net increase in cash, cash equivalents, and restricted cash
                817,000                                           
          cash, cash equivalents, and restricted cash beginning of period
                144,055,000                                           
          cash, cash equivalents, and restricted cash end of period
                144,872,000                                           
          cash, cash equivalents, and restricted cash, beginning of year
                                                           
          cash, cash equivalents, and restricted cash, end of year
                                                           
          agents bonuses paid
                  -6,965,000 -7,078,000 -98,925,000 -4,704,000 -4,797,000 -4,809,000 -122,093,000 -3,805,000 -4,100,000 -4,579,000 -111,099,000 -3,926,000 -4,116,000 -3,100,000 -97,085,000 -3,533,000 -3,722,000 -3,851,000 -104,689,000 -3,657,000 -4,063,000 -3,987,000 -122,607,000 -3,881,000 -3,806,000 -3,781,000 -111,275,000 -3,356,000 -3,333,000 -3,237,000 -103,933,000           
          net decrease in cash and cash equivalents
                    -19,714,000   -50,981,000 -42,397,000   20,846,000 -26,048,000           78,785,000 -96,094,000  39,919,000 34,291,000 -78,654,000   18,829,000 -77,607,000   1,000,000 -94,000,000   -79,000,000 -73,000,000   
          cash and cash equivalents, beginning of period
                  142,090,000  183,702,000  161,240,000  336,739,000  266,417,000  215,721,000  189,072,000  182,889,000           
          cash and cash equivalents, end of period
                  -40,123,000 20,620,000 122,376,000  7,340,000 -50,981,000 141,305,000  79,958,000 20,846,000 135,192,000  -41,383,000 29,092,000 228,646,000  6,610,000 26,217,000 312,045,000  46,276,000 78,785,000 119,627,000  39,919,000 34,291,000 110,418,000  15,702,000 18,829,000 105,282,000           
          employee benefits paid
                   -17,412,000 -20,048,000   -9,638,000 -11,470,000 -8,244,000 -8,025,000 -8,415,000 -8,152,000  -8,105,000 -6,224,000 -9,738,000                           
          net increase in cash and cash equivalents
                     44,426,000    -52,294,000    -55,115,000 -41,383,000 29,092,000 -108,093,000 -8,133,000 6,610,000 26,217,000 45,628,000 21,729,000        49,259,000    -12,858,000    135,000,000    -83,000,000 170,000,000 
          cash and cash equivalents, beginning of year
                                                           
          cash and cash equivalents, end of year
                                                           
          transfer of investments from other investments to equity securities
                                                           
          service agreement fee received
                      6,283,000 6,438,000 6,304,000  6,067,000 5,902,000 6,079,000 6,379,000 6,310,000 6,446,000 6,662,000 6,873,000 7,155,000 6,907,000 6,692,000 7,380,000 7,072,000 7,080,000 7,145,000 7,368,000 7,278,000 7,245,000 7,258,000 7,444,000 7,267,000 7,219,000 7,270,000 6,997,000 8,000,000 7,000,000 8,000,000 8,000,000 8,000,000 7,000,000 8,000,000 8,000,000 8,000,000 
          operating lease assets obtained in exchange for new operating lease liabilities
                      1,689,000 479,000 1,008,000 1,068,000 1,402,000 909,000 68,000 836,000 667,000 2,107,000 1,333,000 1,805,000 542,000 621,000 32,515,000                       
          net payments on long-term borrowings
                        -525,000 -517,000 -513,000 -509,000 -502,000  -491,000 -498,000 -481,000    -460,000                       
          transfer of investments from limited partnerships to equity securities
                              8,853,000                             
          pension contributions and employee benefits paid
                                 -10,802,000 -9,841,000 -11,210,000 -10,875,000                       
          repayment of note receivable from erie family life insurance
                                                           
          net proceeds from long-term borrowings
                                 -487,000 -471,000   -3,000   24,990,000 -14,000                 
          limited partnership distributions
                              219,000 278,000 254,000 335,000 304,000 67,000 1,225,000 1,165,000 2,971,000 2,611,000 426,000 2,135,000 1,654,000 696,000 643,000 10,615,000 1,804,000 4,291,000 1,127,000 -100,888,000 41,000,000 42,000,000 32,000,000 36,000,000 31,000,000 39,000,000 25,000,000 51,000,000 46,000,000 
          limited partnerships
                              -1,000 -6,000 -13,000 -28,000 -11,000 -9,000 -26,000 -2,000 -184,000 -31,000 -80,000 -5,000 -214,000 -111,000 -129,000 -82,000 -264,000 -103,000 100,072,000 -38,000,000 -38,000,000 -25,000,000 -38,000,000 -36,000,000 -19,000,000 -27,000,000 -22,000,000 -14,000,000 
          decrease in reimbursements collected from affiliates
                                          -1,702,000 5,433,000 -11,066,000  395,000 -11,503,000 -785,000           
          agent loan distributions
                                                           
          agent loan repayments
                                                           
          distributions on agent loans
                                   -714,000 -6,233,000                       
          increase in reimbursements collected from affiliates
                                                           
          trading securities
                                             2,025,000             
          transfer of investments from limited partnerships to trading securities
                                                           
          net purchase of fixed assets
                                      -30,546,000 -9,430,000 -8,691,000 -10,891,000 -8,064,000 -6,421,000 -3,551,000 -14,793,000 -3,158,000 -3,761,000 -3,496,000           
          net distributions on agent loans
                                      -15,937,000 -3,460,000 -17,874,000            -1,000,000       
          net costs from long-term borrowings
                                        -9,000    -10,000               
          net (distributions) collections on agent loans
                                         -25,000 -1,102,000 -1,696,000 -1,387,000               
          net collections on agent loans
                                             -36,000    -312,000    1,000,000    
          purchase of treasury stock
                                                     -10,000,000 -10,000,000 -10,000,000 -5,000,000 
          net collections (distributions) on agent loans
                                               762,000 1,008,000           
          premiums collected
                                                  1,540,000,000 1,517,000,000 1,389,000,000 1,360,000,000 1,427,000,000 1,390,000,000 1,289,000,000 1,246,000,000 1,330,000,000 
          commissions and bonuses paid to agents
                                                  -197,000,000 -187,000,000 -249,000,000 -173,000,000 -179,000,000 -172,000,000 -225,000,000 -160,000,000 -165,000,000 
          losses paid
                                                  -815,000,000 -820,000,000 -793,000,000 -779,000,000 -808,000,000 -845,000,000 -785,000,000 -703,000,000 -680,000,000 
          loss expenses paid
                                                  -136,000,000 -132,000,000 -125,000,000 -138,000,000 -127,000,000 -121,000,000 -130,000,000 -127,000,000 -116,000,000 
          other underwriting and acquisition costs paid
                                                  -126,000,000 -166,000,000 -226,000,000 -142,000,000 -147,000,000 -137,000,000 -235,000,000 -138,000,000 -120,000,000 
          fixed maturities
                                                  -594,000,000 -725,000,000 -882,000,000 -473,000,000 -735,000,000 -589,000,000 -501,000,000 -722,000,000 -917,000,000 
          preferred stock
                                                  -45,000,000 -71,000,000 -54,000,000 -63,000,000 -214,000,000 -92,000,000 -76,000,000 -42,000,000 -40,000,000 
          common stock
                                                  -332,000,000 -267,000,000 -298,000,000 -496,000,000 -216,000,000 -290,000,000 -260,000,000 -318,000,000 -321,000,000 
          sales/maturities of investments:
                                                           
          fixed maturity sales
                                                  234,000,000 354,000,000 271,000,000 155,000,000 119,000,000 212,000,000 159,000,000 133,000,000 386,000,000 
          fixed maturity calls/maturities
                                                  273,000,000 260,000,000 209,000,000 169,000,000 272,000,000 169,000,000 244,000,000 254,000,000 264,000,000 
          sale of and returns on limited partnerships
                                                  58,000,000 42,000,000 76,000,000 97,000,000 30,000,000 29,000,000 41,000,000 73,000,000 39,000,000 
          net purchase of property and equipment
                                                  -19,000,000 -14,000,000 -12,000,000 -23,000,000 -12,000,000 -11,000,000 -6,000,000 -18,000,000 -5,000,000 
          net distributions on life policy loans
                                                         
          annuity deposits and interest
                                                  18,000,000 20,000,000 20,000,000 19,000,000 21,000,000 23,000,000 22,000,000 21,000,000 21,000,000 
          annuity surrenders and withdrawals
                                                  -22,000,000 -22,000,000 -20,000,000 -26,000,000 -23,000,000 -21,000,000 -18,000,000 -24,000,000 -19,000,000 
          universal life deposits and interest
                                                  10,000,000 11,000,000 6,000,000 9,000,000 11,000,000 7,000,000 7,000,000 7,000,000 8,000,000 
          universal life surrenders
                                                  -4,000,000 -3,000,000 -3,000,000 -4,000,000 -3,000,000 -3,000,000 -3,000,000 -2,000,000 -3,000,000 
          cash and cash equivalents at beginning of period
                                                  514,000,000  452,000,000  
          cash and cash equivalents at end of period
                                                  197,000,000 1,000,000 420,000,000  79,000,000 -79,000,000 379,000,000  170,000,000