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

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-15, Insurance Companies, 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, 2018

($ in thousands)
Type of investment	Cost		Fair value		Amount at which shown in the balance sheet
Fixed maturity securities available-for-sale:
U.S. treasury	$	8,139	$	8,021	$	8,021
U.S. government-sponsored agencies	303,198		304,479		304,479
Obligations of states and political subdivisions	273,727		283,651		283,651
Commercial mortgage-backed	83,854		84,379		84,379
Residential mortgage-backed	161,055		162,137		162,137
Other asset-backed	21,596		20,834		20,834
Corporate	421,563		419,408		419,408
Total fixed maturity securities available-for-sale	1,273,132		1,282,909		1,282,909
Equity investments, at fair value:
Common stocks:
Financial services	35,410		41,839		41,839
Information technology	17,678		31,581		31,581
Healthcare	21,602		34,571		34,571
Consumer staples	10,926		13,180		13,180
Consumer discretionary	15,921		22,765		22,765
Energy	10,124		13,372		13,372
Industrials	10,989		19,389		19,389
Other	11,512		14,371		14,371
Non-redeemable preferred stocks	18,531		16,654		16,654
Investment funds	7,678		7,641		7,641
Total equity investments	160,371		215,363		215,363
Equity investments, at alternative measurement of cost less impairments	1,200		XXXX		1,200
Other long-term investments	19,316		XXXX		19,316
Short-term investments	28,204		28,204		28,204
Total investments	$	1,482,223	XXXX		$	1,546,992