SCHEDULE V

1 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2015

	Column A	Column B		Column C					Column D			Column E
				Additions
Description		Balance at beginning of period		Charged to costs and expenses		Charged to other accounts			Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated		$	34,662	$	10,620	$	—		$	13,730	(A)	$	31,552
Reserve for known and incurred but not reported claims:
Consolidated		$	1,011,780	$	491,092	$	(42,500	)	$	476,492	(B)	$	983,880
Reserve deducted from notes receivable:
Consolidated		$	2,441	$	167	$	—		$	333		$	2,275
Reserve deducted from deferred income taxes:
Consolidated		$	15,706	$	108	$	—		$	9,085		$	6,729

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.

SCHEDULE V

2 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2014

	Column A	Column B		Column C				Column D			Column E
				Additions
Description		Balance at beginning of period		Charged to costs and expenses		Charged to other accounts		Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated		$	31,831	$	12,352	$	—	$	9,521	(A)	$	34,662
Reserve for known and incurred but not reported claims:
Consolidated		$	1,018,365	$	450,023	$	13,142	$	469,750	(B)	$	1,011,780
Reserve deducted from notes receivable:
Consolidated		$	2,584	$	128	$	—	$	271		$	2,441
Reserve deducted from deferred income taxes:
Consolidated		$	18,119	$	—	$	—	$	2,413		$	15,706

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.

SCHEDULE V

3 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2013

	Column A	Column B		Column C						Column D			Column E
				Additions
Description		Balance at beginning of period		Charged to costs and expenses			Charged to other accounts			Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated		$	30,917	$	7,478		$	—		$	6,564	(A)	$	31,831
Reserve for known and incurred but not reported claims:
Consolidated		$	976,462	$	530,356		$	(9,143	)	$	479,310	(B)	$	1,018,365
Reserve deducted from notes receivable:
Consolidated		$	2,902	$	(132	)	$	—		$	186		$	2,584
Reserve deducted from deferred income taxes:
Consolidated		$	14,172	$	3,578		$	369		$	—		$	18,119

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.