ERIE · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

ERIE INDEMNITY CO · 2026-10-29 · Importance 49 · Surprise 32 · Matches filing data

Management fee revenue for policy issuance and renewal services rose 2.6% to $847.0 million in the third quarter of 2026 and 3.8% to $2.5 billion in the first nine months, while the management fee rate was 25% in both 2026 and 2025. Exchange direct and affiliated assumed premiums written increased 1.8% to $3.5 billion in the quarter and 2.9% to $10.2 billion year to date. Third-quarter personal lines premiums increased 0.4% to $2.5 billion, while commercial lines premiums increased 5.5% to $952 million. Administrative services management fee revenue rose 4.7% to $19.7 million in the quarter and 7.4% to $58.8 million year to date; reimbursements, recorded as both revenue and expense, were $197.6 million and $599.2 million, respectively, with no net operating-income impact.

Key facts

• ERIE INDEMNITY CO's policy issuance and renewal management fee revenue increased 2.6% to $847.0 million in Q3 2026 and 3.8% to $2.5 billion in the first nine months of 2026 versus the same periods in 2025. source
• The Exchange's direct and affiliated assumed premiums written increased 1.8% to $3.5 billion in Q3 2026 and 2.9% to $10.2 billion in the first nine months of 2026; these premiums underpin ERIE INDEMNITY CO's management fee revenue. source
• Administrative-services reimbursement revenue and corresponding costs increased operating revenue and expenses by $197.6 million in Q3 2026 and $599.2 million in the first nine months of 2026, with no net impact on operating income. source
• ERIE INDEMNITY CO recognized $4.0 million of recoveries under its cybersecurity insurance policy as of September 30, 2026, included in Other Income, and continued to pursue recovery of additional lost income and related expenses. source
• ERIE INDEMNITY CO's administrative-services management fee revenue increased 4.7% to $19.7 million in Q3 2026 and 7.4% to $58.8 million in the first nine months of 2026 versus 2025. source
• The management fee rate allocated to policy issuance and renewal services was 24.41% in 2026 and 24.37% in 2025. source
• The management fee rate allocated to administrative services was 0.59% in 2026 and 0.63% in 2025. source
• ERIE INDEMNITY CO is the attorney-in-fact for subscribers at the Erie Insurance Exchange and provides policy issuance, renewal, and administrative services. source

Impact estimates