Erie Indemnity Co
F:EI2
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Erie Indemnity Co
F:EI2
|
US |
|
Aker Carbon Capture ASA
OSE:ACC
|
NO |
|
S
|
Sunrun Inc
F:3S9
|
US |
|
B
|
Berdikari Pondasi Perkasa Tbk PT
IDX:BDKR
|
ID |
|
Technocraft Industries (India) Ltd
BSE:532804
|
IN |
|
Emerald Resources NL
ASX:EMR
|
AU |
|
L
|
London Stock Exchange Group PLC
SWB:LS4C
|
UK |
|
Blue Sky Uranium Corp
XTSX:BSK
|
CA |
|
C
|
CGI Inc
DUS:CJ5A
|
CA |
|
Hexagon Purus ASA
F:0QJ
|
NO |
|
I
|
IMAX China Holding Inc
SWB:IMK
|
CN |
|
A
|
Applied Optoelectronics Inc
SWB:A59
|
US |
|
B
|
Best Of The Best PLC
XBER:B5O
|
UK |
|
Hochdorf Holding AG
F:1Z3
|
CH |
|
T
|
Tyson Foods Inc
XBER:TF7A
|
US |
|
Owens Corning
NYSE:OC
|
US |
|
N
|
Novartis AG
XMUN:NOT
|
CH |
|
Inmobiliaria Colonial SOCIMI SA
MAD:COL
|
ES |
|
MRF Ltd
BSE:500290
|
IN |
|
Afry AB
OTC:AFXXF
|
SE |
|
C
|
Condor Gold PLC
F:W5XA
|
UK |
Erie Indemnity Co
Erie Indemnity Co. is the company that runs the business side of Erie Insurance Exchange, a property and casualty insurer. It does not sell insurance policies in the way a normal insurer does; instead, it handles the core work behind the scenes, including policy administration, underwriting support, billing, claims handling, and investment-related services for the exchange. Its main customers are the agents and policyholders who buy coverage through Erie Insurance, along with the exchange itself, which depends on Erie Indemnity to manage day-to-day operations. The company makes most of its money from management fees paid by the insurance exchange, so its revenue is tied to the premiums written by that insurer rather than to taking direct insurance risk. That model makes Erie Indemnity unusual in the insurance industry. It sits between the customer-facing insurer and the operating infrastructure that keeps policies moving, which gives it a steady service-based role instead of the full risk-and-reward profile of an insurance carrier.
Erie Indemnity Co. is the company that runs the business side of Erie Insurance Exchange, a property and casualty insurer. It does not sell insurance policies in the way a normal insurer does; instead, it handles the core work behind the scenes, including policy administration, underwriting support, billing, claims handling, and investment-related services for the exchange.
Its main customers are the agents and policyholders who buy coverage through Erie Insurance, along with the exchange itself, which depends on Erie Indemnity to manage day-to-day operations. The company makes most of its money from management fees paid by the insurance exchange, so its revenue is tied to the premiums written by that insurer rather than to taking direct insurance risk.
That model makes Erie Indemnity unusual in the insurance industry. It sits between the customer-facing insurer and the operating infrastructure that keeps policies moving, which gives it a steady service-based role instead of the full risk-and-reward profile of an insurance carrier.
Profitability improved: Erie Indemnity said first-quarter results improved meaningfully as catastrophe losses fell sharply from last year’s unusually severe weather impact, helping the Exchange post a 99.4% combined ratio versus 108.1% a year ago.
Growth slowed: Direct written premium still grew 3.6%, but policy growth remained pressured by a more competitive market, with policies in force down 1.7% and retention easing to 88%.
Indemnity earnings rose: Net income increased to nearly $151 million, or $2.88 per diluted share, while operating income rose about 10% to almost $167 million.
Product rollout continues: Management highlighted the expansion of Erie Secure Auto, Business Auto 2.0, and a new online quote platform as key growth and efficiency initiatives for 2026.
Technology and AI: More than half of systems have been moved to modern platforms, and ChatGPT Enterprise is now available to employees as Erie embeds AI into workflows like claims and analysis.
Capital remained strong: Policyholder surplus ended March at $10.1 billion, and the company paid about $68 million in dividends during the quarter.
