ERIE · Earnings call · 2026Q3T · Full report

Revenue Performance and Mix

ERIE INDEMNITY CO · 2026-10-29 · Importance 31 · Surprise 32

Erie Insurance Exchange direct written premium grew 3.3% in Q2 2026, compared with 9.2% in Q2 2025; first-half growth was 3.4% versus 11.4%. Average premium per policy increased 6.8% year over year, while policies in force decreased 2% and the retention ratio edged down to 87.5%. Management attributed moderating growth to more adequate pricing and competitive pressures, and said it was pursuing targeted rate reductions rather than broadly lowering rates.

Key facts

• Erie Indemnity investment income was $23 million in Q2 2026 compared with $20 million in Q2 2025.
• Erie Indemnity investment income totaled $45 million in the first six months of 2026 compared with $39 million in the first half of 2025.