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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2011
Reinsurance  
Schedule of summary of direct insurance and reinsurance for property and casualty and life insurance activities

 

 

(in millions)

 

 

 

 

Erie Insurance Group

Property and casualty insurance:

 

2011

 

2010

 

2009

 

Premiums written:

 

 

 

 

 

 

 

Direct

 

$4,271

 

$4,035

 

$3,861

 

Assumed

 

21

 

19

 

30

 

Ceded

 

(37

)

(35

)

(30

)

Premiums written, net

 

4,255

 

4,019

 

3,861

 

Premiums earned:

 

 

 

 

 

 

 

Direct

 

4,164

 

3,939

 

3,806

 

Assumed

 

21

 

20

 

42

 

Ceded

 

(36

)

(34

)

(40

)

Premiums earned, net

 

4,149

 

3,925

 

3,808

 

Insurance losses and loss expenses:

 

 

 

 

 

 

 

Direct

 

3,311

 

2,834

 

2,655

 

Assumed

 

11

 

(15

)

12

 

Ceded

 

22

 

(9

)

(28

)

Insurance losses and loss expenses, net

 

$3,344

 

$2,810

 

$2,639

 

 

 

 

 

 

 

 

 

Life insurance:

 

 

 

 

 

 

 

Premiums earned:

 

 

 

 

 

 

 

Direct

 

$   108

 

$   104

 

$   100

 

Ceded

 

(43

)

(42

)

(39

)

Premiums earned, net

 

65

 

62

 

61

 

Insurance losses and loss expenses:

 

 

 

 

 

 

 

Direct

 

120

 

102

 

114

 

Ceded

 

(20

)

(12

)

(25

)

Insurance losses and loss expenses, net

 

$   100

 

$    90

 

$   89

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

Premiums earned:

 

 

 

 

 

 

 

Property and casualty

 

$4,149

 

$3,925

 

$3,808

 

Life

 

65

 

62

 

61

 

Premiums earned, net

 

4,214

 

3,987

 

3,869

 

Insurance losses and loss expenses:

 

 

 

 

 

 

 

Property and casualty

 

3,344

 

2,810

 

2,639

 

Life

 

100

 

90

 

89

 

Insurance losses and loss expenses, net

 

$3,444

 

$2,900

 

$2,728