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Life Policy and Deposit Contract Reserves
12 Months Ended
Dec. 31, 2011
Life Policy and Deposit Contract Reserves  
Life Policy and Deposit Contract Reserves

Note 14.  Life Policy and Deposit Contract Reserves

 

The following table provides the components of our life policy and deposit contract liability balances for the years ended December 31:

 

(in millions)

 

Erie Family Life Insurance Company

 

 

2011 

 

2010 

 

2009 

 

 

Deferred annuities

 

$1,144

 

$1,117

 

$1,076

 

 

Ordinary/traditional life

 

282

 

254

 

229

 

 

Universal life

 

228

 

214

 

211

 

 

Other

 

17

 

18

 

24

 

 

Life policy and deposit contract reserves

 

$1,671

 

$1,603

 

$1,540

 

 

 

 

The reinsurance credit related to life policy and deposit contract reserves was $108 million, $95 million and $82 million at December 31, 2011, 2010, and 2009 respectively, and is presented in other assets in the Consolidated Statements of Financial Position.