XML 129 R106.htm IDEA: XBRL DOCUMENT v2.4.0.8
Indemnity Supplemental Information (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2013
Indemnity
Dec. 31, 2012
Indemnity
Dec. 31, 2011
Indemnity
Dec. 31, 2010
Indemnity
Dec. 31, 2013
Indemnity
Erie Family Life Insurance Company (EFL)
Dec. 31, 2012
Indemnity
Erie Family Life Insurance Company (EFL)
Dec. 31, 2013
Exchange
Dec. 31, 2012
Exchange
Dec. 31, 2013
Reclassifications and eliminations
Dec. 31, 2012
Reclassifications and eliminations
Available-for-sale securities, at fair value:                            
Fixed maturities $ 8,688 $ 8,159     $ 526 $ 452         $ 8,162 $ 7,707    
Equity securities 869 1,000     50 55         819 945    
Trading securities, at fair value 3,202 2,417     0 0         3,202 2,417    
Limited partnerships 1,086 1,217     146 180         940 1,037    
Other invested assets 21 21     1 1         20 20    
Total investments 13,866 12,814     723 688         13,143 12,126    
Cash and cash equivalents 452 400 185 430 49 12 11 310     403 388    
Premiums receivable from policyholders 1,167 1,062                 1,167 1,062    
Reinsurance recoverable 172 168                 172 168    
Deferred income tax asset 2 37     2 37         0 0    
Deferred acquisition costs 566 504                 566 504    
Other assets 451 456     114 117         337 339    
Receivables from the Exchange and other affiliates         300 281     4 3     (300) (281)
Note receivable from EFL         25 25     25       (25) (25)
Total assets 16,676 15,441     1,213 1,160         15,788 14,587 (325) (306)
Liabilities                            
Losses and loss expense reserves 3,747 3,598                 3,747 3,598    
Life policy and deposit contract reserves 1,758 1,708                 1,758 1,708    
Unearned premiums 2,598 2,365                 2,598 2,365    
Deferred income tax liability 450 365     0 0         450 365    
Other liabilities, adjusted for consolidation presentation 573 614     479 518         419 402 (325) (306)
Total liabilities 9,126 8,650     479 518         8,972 8,438 (325) (306)
Shareholders' equity and noncontrolling interest                            
Total Indemnity shareholders’ equity 734 642     734 642                
Noncontrolling interest in consolidated entity – Exchange 6,816 6,149                 6,816 6,149    
Total equity 7,550 6,791 6,293   734 642         6,816 6,149    
Total liabilities, shareholders’ equity, and noncontrolling interest 16,676 15,441     1,213 1,160         15,788 14,587 (325) (306)
Receivables from the Exchange         296 278                
Note receivable from EFL, annual interest rate (as a percent)                 6.70%          
Note receivable from EFL, interest income recognized by Indemnity                 $ 2 $ 2