Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Schedule of components of the Consolidated Statements of Operations by reportable business segment

The following tables summarize the components of the Consolidated Statements of Operations by reportable business segment:

	Erie Insurance Group
(in millions)	Three months ended March 31, 2014
	Management operations		Property and casualty insurance operations			Life insurance operations			Investment operations		Eliminations			Consolidated
Premiums earned/life policy revenue			$	1,268		$	20				$	0		$	1,288
Net investment income									$	112	(3		)	109
Net realized investment gains									56					56
Net impairment losses recognized in earnings									0					0
Equity in earnings of limited partnerships									50					50
Management fee revenue	$	319									(319		)	—
Service agreement and other revenue	7					1								8
Total revenues	326		1,268			21			218		(322		)	1,511
Cost of management operations	268										(268		)	—
Insurance losses and loss expenses			1,007			28					(1		)	1,034
Policy acquisition and underwriting expenses			365			9					(53		)	321
Total benefits and expenses	268		1,372			37			—		(322		)	1,355
Income (loss) before income taxes	58		(104		)	(16		)	218		—			156
Provision for income taxes	20		(36		)	(6		)	69		—			47
Net income (loss)	$	38	$	(68	)	$	(10	)	$	149	—			$	109

	Erie Insurance Group
(in millions)	Three months ended March 31, 2013
	Management operations		Property and casualty insurance operations		Life insurance operations			Investment operations		Eliminations			Consolidated
Premiums earned/life policy revenue			$	1,156	$	19				$	0		$	1,175
Net investment income								$	106	(3		)	103
Net realized investment gains								249					249
Net impairment losses recognized in earnings								0					0
Equity in earnings of limited partnerships								36					36
Management fee revenue	$	296								(296		)	—
Service agreement and other revenue	7				1								8
Total revenues	303		1,156		20			391		(299		)	1,571
Cost of management operations	254									(254		)	—
Insurance losses and loss expenses			817		26					(1		)	842
Policy acquisition and underwriting expenses			328		9					(44		)	293
Total benefits and expenses	254		1,145		35			—		(299		)	1,135
Income (loss) before income taxes	49		11		(15		)	391		—			436
Provision for income taxes	17		4		(5		)	130		—			146
Net income (loss)	$	32	$	7	$	(10	)	$	261	$	—		$	290