ERIE · 10-Q · 2026Q3 · Full report

Net Investment Income Trends

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

Total investment income decreased 7.8% to $19.9 million in the third quarter of 2026 but increased 6.4% to $64.5 million in the first nine months, compared with 2025. Net investment income increased 20.8% to $25.4 million in the quarter and 17.3% to $71.5 million year to date, driven by higher average bond and exchange-traded fund holdings and increased agent loan interest income. Net realized and unrealized investment losses were $5.5 million in the quarter and $5.7 million year to date, compared with gains in the corresponding 2025 periods. Net impairment losses recognized in earnings improved to $0.1 million in the quarter and $1.3 million year to date, primarily because of lower available-for-sale security impairments and lower expected credit losses on loans.

Key facts

• ERIE INDEMNITY CO's net investment income was $25.399 million in Q3 2026, up 20.8%, and $71.546 million in the first nine months of 2026, up 17.3%. source
• ERIE INDEMNITY CO's total investment income decreased $1.7 million in Q3 2026 and increased $3.9 million in the first nine months of 2026 versus the same periods in 2025. source
• ERIE INDEMNITY CO's net investment income increased $4.4 million in Q3 2026 and $10.5 million in the first nine months of 2026, primarily due to higher bond and exchange-traded fund income from higher average holdings and increased agent loan interest income, partly offset by lower cash income. source