Schedule I - Summary of Investments-Other than Investments in Related Parties

12 Months Ended

Dec. 31, 2013

Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Summary of Investments-Other than Investments in Related Parties

EMC INSURANCE GROUP INC. AND SUBSIDIARIES

Schedule I – Summary of Investments-

Other than Investment in Related Parties

December 31, 2013



Type of investment	Cost		Fair value		Amount at which shown in the balance sheet

Securities available-for-sale:
Fixed maturity securities:
U.S. treasury	$	9,539,657	$	9,412,497	$	9,412,497
U.S. government-sponsored agencies	156,980,739		146,945,719		146,945,719
Obligations of states and political subdivisions	346,554,566		357,051,689		357,051,689
Commercial mortgage-backed	63,184,992		68,939,577		68,939,577
Residential mortgage-backed	96,058,330		94,179,189		94,179,189
Other asset-backed	11,455,608		12,647,636		12,647,636
Corporate	325,798,433		338,807,706		338,807,706
Total fixed maturity securities	1,009,572,325		1,027,984,013		1,027,984,013

Equity securities:
Common stocks:
Financial services	19,272,973		28,498,329		28,498,329
Information technology	12,644,716		18,917,368		18,917,368
Healthcare	12,801,287		21,944,614		21,944,614
Consumer staples	9,162,313		13,010,682		13,010,682
Consumer discretionary	10,722,050		21,031,295		21,031,295
Energy	14,102,214		21,117,265		21,117,265
Industrials	11,189,958		17,264,144		17,264,144
Other	13,357,539		17,811,177		17,811,177
Non-redeemable preferred stocks	10,582,438		10,253,400		10,253,400
Total equity securities	113,835,488		169,848,274		169,848,274

Other long-term investments	2,391,987		2,391,987		2,391,987

Short-term investments	56,165,534		56,165,534		56,165,534
Total investments	$	1,181,965,334	$	1,256,389,808	$	1,256,389,808

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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