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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
12 Months Ended
Dec. 31, 2011
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION  
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III

SUPPLEMENTARY INSURANCE INFORMATION

 

 

 

 

 

Erie Insurance Group

 

(in millions)

 

 

Deferred
policy
acquisition
costs

 

Reserves for
losses, loss
expenses, life
policy deposit
contracts

 

Unearned
premiums

 

Premiums
earned

 

Net
investment
income*

 

Benefits,
claims,
losses, and
settlement
expenses

 

Amortization
of deferred
policy
acquisition
costs

 

Other
operating
expenses*

 

Net
premiums
written
(excluding
life)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property and casualty insurance operations

 

 

$343

 

$3,499

 

$2,178

 

$4,149

 

$324

 

$3,344

 

$668

 

$327

 

$4,255

 

Life insurance operations

 

 

144

 

1,671

 

0

 

65

 

93

 

100

 

12

 

15

 

0

 

Management operations

 

 

0

 

0

 

0

 

0

 

16

 

0

 

0

 

0

 

0

 

Total

 

 

$487

 

$5,170

 

$2,178

 

$4,214

 

$433

 

$3,444

 

$680

 

$342

 

$4,255

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2010:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property and casualty insurance operations

 

 

$327

 

$3,584

 

$2,082

 

$3,925

 

$325

 

$2,810

 

$635

 

$303

 

$4,019

 

Life insurance operations

 

 

140

 

1,603

 

0

 

62

 

96

 

90

 

16

 

15

 

0

 

Management operations

 

 

0

 

0

 

0

 

0

 

12

 

0

 

0

 

0

 

0

 

Total

 

 

$467

 

$5,187

 

$2,082

 

$3,987

 

$433

 

$2,900

 

$651

 

$318

 

$4,019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2009:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property and casualty insurance operations

 

 

$313

 

$3,598

 

$1,981

 

$3,808

 

$326

 

$2,639

 

$611

 

$364

 

$3,861

 

Life insurance operations

 

 

154

 

1,540

 

0

 

61

 

93

 

89

 

13

 

15

 

0

 

Management operations

 

 

0

 

0

 

0

 

0

 

14

 

0

 

0

 

0

 

0

 

Total

 

 

$467

 

$5,138

 

$1,981

 

$3,869

 

$433

 

$2,728

 

$624

 

$379

 

$3,861

 

 

* Net investment income and other operating expenses are charged directly to the respective entities, therefore an allocation basis is not required.