Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2011

Comprehensive Income

Schedule of components of the change in comprehensive (loss) income

(in millions)	Erie Insurance Group
Change in other comprehensive (loss) income:	2011		2010		2009
Indemnity:
Cumulative effect of accounting changes, net of tax	$   -		$   -		$   (6	)
Unrealized (loss) gain on securities:
Gross unrealized holding (losses) gains on investments arising during period	(11	)	18		105
Unrealized gains transferred to the noncontrolling interest (1)	-		(23	)	-
Reclassification adjustment for gross (gains) losses included in net income	(5	)	(5	)	10
Unrealized holding (losses) gains on investments	(16	)	(10	)	115
Income tax benefit (expense) related to unrealized (losses) gains	5		4		(40	)
Net unrealized holding (losses) gains on investments arising during year	(11	)	(6	)	75
Postretirement plans:
Amortization of prior service cost	1		0		0
Amortization of actuarial loss	6		4		3
Net actuarial (loss) gain during year	(69	)	(9	)	38
Losses due to plan changes during year	(1	)	(1	)	(3	)
Curtailment/settlement loss arising during year	0		0		(1	)
Postretirement benefits, gross	(63	)	(6	)	37
Income tax benefit (expense) related to postretirement benefits	22		2		(13	)
Postretirement plans, net	(41	)	(4	)	24
Change in other comprehensive (loss) income, net of tax – Indemnity	(52	)	(10	)	93
Change in other comprehensive (loss) income, net of tax – Exchange	(9	)	101		423
Change in other comprehensive (loss) income, net of tax – Erie Insurance Group	$(61	)	$  91		$516

(1)   This represents unrealized gains moved from Indemnity shareholder interest to the noncontrolling interest as a result of the December 31, 2010 sale of the P&C subsidiaries.

Schedule of components of accumulated other comprehensive (loss) income, net of tax

(in millions)	Erie Insurance Group
Accumulated other comprehensive (loss) income:	2011		2010		2009
Indemnity:
Accumulated net appreciation of investments	$  11		$  22		$  28
Accumulated net losses associated with post-retirement benefits	(116	)	(75	)	(71	)
Accumulated other comprehensive loss – Indemnity	(105	)	(53	)	(43	)
Exchange:
Accumulated other comprehensive income – Exchange	$ 287		$277		$176

Schedule of components of comprehensive income, net of tax

(in millions)	Erie Insurance Group
Comprehensive income:	2011		2010		2009
Net income – Erie Insurance Group	$268		$660		$   446
Change in other comprehensive (loss) income, net of tax – Erie Insurance Group	(61	)	91		516
Less: Cumulative effect of accounting changes, net of tax	–		–		(101	)
Less: Unrealized gains transferred to the noncontrolling interest, net of tax (1)	–		(15	)	–
Total comprehensive income – Erie Insurance Group	207		766		1,063
Less: Noncontrolling interest in consolidated entity – Exchange	90		599		856
Total comprehensive income – Indemnity	$117		$167		$   207

(1)This represents unrealized gains moved from Indemnity shareholder interest to the noncontrolling interest as a result of the December 31, 2010 sale of the P&C subsidiaries.