Indemnity Shareholders' Equity and Noncontrolling Interest (Tables)

9 Months Ended

Sep. 30, 2012

Indemnity Shareholders' Equity and Noncontrolling Interest

Schedule of reconciliation of the beginning and ending balances of shareholders' equity and noncontrolling interest

	Erie Insurance Group
(in millions, except per share data)	Indemnity shareholder interest		Exchange noncontrolling interest		Erie Insurance Group
Balance at December 31, 2010	$912		$5,422		$6,334
Net income	169		99		268
Change in other comprehensive loss, net of tax	(52	)	(9	)	(61	)
Realized gain on sale of life affiliate, net of tax	8		–		8
Net purchase of treasury stock	(154	)	–		(154	)
Dividends declared:
Class A $2.0975 per share	(101	)	–		(101	)
Class B $314.625 per share	(1	)	–		(1	)
Balance at December 31, 2011	$781		$5,512		$6,293
Net income	130		370		500
Change in other comprehensive income, net of tax	4		179		183
Net purchase of treasury stock	(54	)	–		(54	)
Dividends declared:
Class A $1.6575 per share	(78	)	–		(78	)
Class B $248.625 per share	(1	)	–		(1	)
Balance at September 30, 2012	$782		$6,061		$6,843