ERIE · 10-Q · 2026Q3 · Full report

Customer Revenue Concentration

ERIE INDEMNITY CO · 2026-10-29 · Importance 63 · Surprise 32

The Erie Insurance Exchange is Indemnity’s sole customer, and Indemnity’s earnings are largely generated from management fees based on Exchange premiums. The Exchange’s statutory direct written premiums grew 2.9% to $10.2 billion in the first nine months of 2026. Its policyholders’ surplus was $10.7 billion at September 30, 2026, up from $10.1 billion at December 31, 2025, and AM Best affirmed its A “Excellent” financial strength rating outlook as stable on September 11, 2026. The Exchange’s year-over-year policy retention ratio was 87.2% at September 30, 2026, versus 88.4% at December 31, 2025.

Key facts