ERIE · Earnings call · 2026Q3T · Full report

Segment Profitability

ERIE INDEMNITY CO · 2026-10-29 · Importance 53 · Surprise 48

The Erie Insurance Exchange’s Q2 2026 combined ratio improved to 103.9% from 116.9% in Q2 2025, a 13-point improvement. For the first six months of 2026, the combined ratio was 101.6%, compared with 112.6% in the prior-year period. Catastrophe losses affected the Q2 ratio by 15 points, versus 22 points a year earlier; year-to-date catastrophe losses were seven points better, and non-catastrophe losses improved almost three points. Indemnity reported Q2 net income of $180 million, up from $175 million, and first-half net income of $331 million, up from $313 million.

Key facts

• Erie Indemnity operating income increased approximately 2.5% to $204 million in Q2 2026 from $199 million in Q2 2025.
• Erie Indemnity operating income increased 5.8% to $371 million for the first six months of 2026 from $351 million in the same period of 2025.
• Erie Indemnity net income was $180 million, or $3.45 per diluted share, in Q2 2026, compared with $175 million, or $3.34 per diluted share, in Q2 2025.
• Erie Indemnity net income was $331 million, or $6.32 per diluted share, for the first six months of 2026, compared with $313 million, or $5.99 per diluted share, for the first six months of 2025.