(in millions, except per share data)

Indemnity
shareholders’
interest

Exchange
noncontrolling
interest

Erie
Insurance
Group

Balance at December 31, 2009

$902

$4,823

$5,725

Comprehensive income:

Net income

162

498

660

Other comprehensive income, net of tax:

Unrealized gains on securities

9

101

110

Reclassification of unrealized gain on sale of P&C affiliated subsidiaries

(15)

–

(15

)

Postretirement plans:

Amortization of prior service cost

0

–

0

Amortization of net actuarial loss

2

–

2

Net actuarial loss during year

(6)

–

(6

)

Loss due to plan changes during year

0

–

0

Curtailment/settlement loss arising during year

0

–

0

Postretirement plans

(4)

–

(4

)

Other comprehensive (loss) income, net of tax

(10)

101

91

Reclassification of unrealized gain on sale of P&C affiliated subsidiaries, net of tax

15

–

15

Comprehensive income

167

599

766

Purchase of treasury stock

(58)

–

(58

)

Dividends declared:

Class A $1.995 per share

(99)

–

(99

)

Class B $293.25 per share

0

–

0

Balance at December 31, 2010

$912

$5,422

$6,334

Comprehensive income:

Net income (loss)

143

(156)

(13

)

Other comprehensive income, net of tax:

Unrealized loss on securities

(2)

(13)

(15

)

Reclassification of unrealized gain on sale of EFL

(9)

–

(9

)

Other comprehensive loss, net of tax

(11)

(13)

(24

)

Reclassification of unrealized gain on sale of EFL, net of tax

9

–

9

Comprehensive income (loss)

141

(169)

(28

)

Purchase of treasury stock

(131)

–

(131

)

Dividends declared:

Class A $1.545 per share

(77)

–

(77

)

Class B $231.75 per share

0

–

0

Balance at September 30, 2011

$845

$5,253

$6,098