Erie Indemnity
13 named things its latest annual report says its results depend on, each in the company's own words. 4 of them are also named by other companies we've read.
Customers
Erie Insurance Exchange
earns from · not to exceed 25%, of the direct and affiliated assumed premiums written by the Exchangenamed as a riskAs our primary purpose is to manage the affairs at the Exchange for the benefit of the subscribers (policyholders) through the policy issuance and renewal services and administrative services, the Exchange is our sole customer.Business (Item 1)
Erie Insurance Exchange
insures or lends tonamed as a riskWe also have an exposure to a concentration of credit risk related to the unsecured receivables due from the Exchange for net management fee and other reimbursements.Business (Item 1)
Partners and platforms
Other companies
AM Best
A ("Excellent")named as a riskA significant downgrade in the AM Best rating could reduce the competitive position of the Exchange, making it more difficult toRisk factors (Item 1A)
Private passenger automobile and homeowners insurance
concentrated in · 71% of the 2025 direct and affiliated assumed written premiumsnamed as a riskIn addition, due to the Exchange's premium concentration in the automobile and homeowners insurance markets, it may be more sensitive to trends that could affect auto and home insurance coverages and rates over time, for example changing vehicle types or usage, usage-based methods of determining premiums, ownership and driving patterns such as ride sharing or remote work, advancements in vehicle or home technology or safety features such as accident and loss prevention technologies, the development of autonomous vehicles, or residential occupancy patterns, among other factors.Risk factors (Item 1A)
Places
Erie, Pennsylvania
concentrated innamed as a riskOur workforce is largely concentrated in Erie, Pennsylvania.Risk factors (Item 1A)
Also named by WAB
Hazards
Earthquakes
operates innamed as a riskCommon natural catastrophic events in the Exchange's footprint include tropical cyclones, earthquakes, severe convective storms, and severe winter weather.Risk factors (Item 1A)
Also named by AAPL, AMKR, AN, ANET, APP, BRO, CDNS, CEG and 37 more
Tropical cyclones
operates innamed as a riskCommon natural catastrophic events in the Exchange's footprint include tropical cyclones, earthquakes, severe convective storms, and severe winter weather.Risk factors (Item 1A)
Severe convective storms
operates innamed as a riskCommon natural catastrophic events in the Exchange's footprint include tropical cyclones, earthquakes, severe convective storms, and severe winter weather.Risk factors (Item 1A)
Severe winter weather
operates innamed as a riskCommon natural catastrophic events in the Exchange's footprint include tropical cyclones, earthquakes, severe convective storms, and severe winter weather.Risk factors (Item 1A)
Commodities and inputs
Fixed maturity securities
exposed to its price · $1,369,691named as a riskWe invest primarily in fixed maturity investments, which comprised 85% of our invested assets at December 31, 2025.Market risk (Item 7A)
Non-investment grade fixed maturities
exposed to its price · 14%named as a riskWe do not hedge the credit risk inherent in our fixed maturity and equity securities investments.Market risk (Item 7A)
Laws and programs
State insurance holding company system laws
subject toApproval by the applicable insurance commissioner is required prior to the consummation of transactions affecting the members within a holding company system.Business (Item 1)