Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Schedule of components of the Consolidated Statements of Operations by reportable business segment

The following tables summarize the components of the Consolidated Statements of Operations by reportable business segment:

	Erie Insurance Group
(in millions)	Three months ended March 31, 2015
	Management operations		Property and casualty insurance operations			Life insurance operations			Investment operations			Eliminations			Consolidated
Premiums earned/life policy revenue			$	1,380		$	22					$	0		$	1,402
Net investment income									$	116		(3		)	113
Net realized investment gains									56						56
Net impairment losses recognized in earnings									(2		)				(2		)
Equity in earnings of limited partnerships									28						28
Management fee revenue	$	343										(343		)	—
Service agreement and other revenue	8					0									8
Total revenues	351		1,380			22			198			(346		)	1,605
Cost of management operations	298											(298		)	—
Insurance losses and loss expenses			1,033			28						(1		)	1,060
Policy acquisition and underwriting expenses			386			9						(47		)	348
Total benefits and expenses	298		1,419			37			—			(346		)	1,408
Income (loss) before income taxes	53		(39		)	(15		)	198			—			197
Provision for income taxes	19		(14		)	(5		)	61			—			61
Net income (loss)	$	34	$	(25	)	$	(10	)	$	137		$	—		$	136

	Erie Insurance Group
(in millions)	Three months ended March 31, 2014
	Management operations		Property and casualty insurance operations			Life insurance operations			Investment operations		Eliminations			Consolidated
Premiums earned/life policy revenue			$	1,268		$	20				$	0		$	1,288
Net investment income									$	112	(3		)	109
Net realized investment gains									56					56
Net impairment losses recognized in earnings									0					0
Equity in earnings of limited partnerships									50					50
Management fee revenue	$	319									(319		)	—
Service agreement and other revenue	7					1								8
Total revenues	326		1,268			21			218		(322		)	1,511
Cost of management operations	268										(268		)	—
Insurance losses and loss expenses			1,007			28					(1		)	1,034
Policy acquisition and underwriting expenses			365			9					(53		)	321
Total benefits and expenses	268		1,372			37			—		(322		)	1,355
Income (loss) before income taxes	58		(104		)	(16		)	218		—			156
Provision for income taxes	20		(36		)	(6		)	69		—			47
Net income (loss)	$	38	$	(68	)	$	(10	)	$	149	$	—		$	109