Exhibit 99.2

Erie Indemnity Company

Statements of Operations

(dollars in thousands, except per share data)

	Three months ended September 30,					Nine months ended September 30,
	2018		2017			2018			2017
	(Unaudited)					(Unaudited)
Operating revenue
Management fee revenue - policy issuance and renewal services, net	$	451,361	$	435,214		$	1,311,911		$	1,268,591
Management fee revenue - administrative services, net	13,521		—			39,894			—
Administrative services reimbursement revenue	140,172		—			432,642			—
Service agreement revenue	7,072		7,278			21,297			21,781
Total operating revenue	612,126		442,492			1,805,744			1,290,372
Operating expenses
Cost of operations - policy issuance and renewal services	375,259		361,253			1,103,517			1,058,745
Cost of operations - administrative services	140,172		—			432,642			—
Total operating expenses	515,431		361,253			1,536,159			1,058,745
Operating income	96,695		81,239			269,585			231,627
Investment income
Net investment income	7,659		5,982			21,583			18,202
Net realized investment gains (losses)	0		899			(497		)	1,539
Net impairment losses recognized in earnings	0		0			(646		)	(182		)
Equity in earnings of limited partnerships	772		1,537			361			1,899
Total investment income	8,431		8,418			20,801			21,458
Interest expense, net	709		377			1,864			800
Other income (expense)	54		(415		)	156			(1,231		)
Income before income taxes	104,471		88,865			288,678			251,054
Income tax expense	24,025		30,322			62,768			86,108
Net income	$	80,446	$	58,543		$	225,910		$	164,946
Net income per share
Class A common stock – basic	$	1.73	$	1.26		$	4.85		$	3.54
Class A common stock – diluted	$	1.54	$	1.12		$	4.32		$	3.15
Class B common stock – basic	$	259	$	189		$	728		$	531
Class B common stock – diluted	$	259	$	189		$	727		$	531
Weighted average shares outstanding – Basic
Class A common stock	46,188,941		46,188,949			46,188,522			46,186,109
Class B common stock	2,542		2,542			2,542			2,542
Weighted average shares outstanding – Diluted
Class A common stock	52,317,438		52,316,876			52,313,642			52,342,450
Class B common stock	2,542		2,542			2,542			2,542
Dividends declared per share
Class A common stock	$	0.8400	$	0.7825		$	2.5200		$	2.3475
Class B common stock	$	126.000	$	117.375		$	378.000		$	352.125

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Erie Indemnity Company

Statements of Financial Position

(in thousands)

	September 30, 2018		December 31, 2017
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	244,688	$	215,721
Available-for-sale securities	105,031		71,190
Receivables from Erie Insurance Exchange and affiliates	463,620		418,328
Prepaid expenses and other current assets	44,014		34,890
Federal income taxes recoverable	0		29,900
Note receivable from Erie Family Life Insurance Company	25,000		25,000
Accrued investment income	6,504		6,853
Total current assets	888,857		801,882
Available-for-sale securities	599,164		687,523
Equity securities	12,511		—
Limited partnership investments	37,088		45,122
Fixed assets, net	121,684		83,149
Deferred income taxes, net	37,660		19,390
Other assets	62,539		28,793
Total assets	$	1,759,503	$	1,665,859
Liabilities and shareholders' equity
Current liabilities:
Commissions payable	$	257,015	$	228,124
Agent bonuses	79,308		122,528
Accounts payable and accrued liabilities	113,204		104,533
Dividends payable	39,119		39,116
Contract liability	34,086		—
Deferred executive compensation	11,071		15,605
Federal income taxes payable	9,310		0
Current portion of long-term borrowings	1,395		0
Total current liabilities	544,508		509,906
Defined benefit pension plans	154,736		207,530
Employee benefit obligations	69		423
Contract liability	17,903		—
Deferred executive compensation	13,104		14,452
Long-term borrowings	98,332		74,728
Other long-term liabilities	9,828		1,476
Total liabilities	838,480		808,515
Shareholders’ equity	921,023		857,344
Total liabilities and shareholders’ equity	$	1,759,503	$	1,665,859

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