伊瑞保险 2026年季度报告

FORM10-Q☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from___to___Commission file number 0-24000 ERIE INDEMNITY COMPANY (Exact name of registrant as specified in its charter) Pennsylvania25-0466020(State or other jurisdiction of(IRS Employerincorporation or organization)Identification No.) 100ErieInsurancePlace,Erie,Pennsylvania16530(Address of principal executive offices)(Zip Code) 814 870-2000(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)hasbeen subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company.See the definitions of "large accelerated filer," "accelerated filer," "smaller reportingcompany," and "emerging growth company" in Rule12b-2 of the Exchange Act. (Check one): Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ The number of shares outstanding of the registrant’s ClassA CommonStock as of the latest practicable date was 46,189,068 at April17,2026. The number of shares outstanding of the registrant’s ClassB CommonStock as of the latest practicable date was 2,542 at April17, 2026. Table of Contents PARTI.FINANCIALINFORMATIONItem 1.Financial Statements (Unaudited)Consolidated Statements of Operations – Three months ended March 31, 2026 and 2025Consolidated Statements of Comprehensive Income – Three months ended March 31, 2026 and 2025Consolidated Statements of Financial Position – March 31, 2026and December31, 2025Consolidated Statements of Shareholders' Equity – Three months ended March 31. 2026 and 2025Consolidated Statements of Cash Flows – Three months ended March 31, 2026 and 2025Notes to Consolidated Financial Statements – March 31, 2026Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPARTII.OTHERINFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 6.ExhibitsSIGNATURES PARTI. FINANCIAL INFORMATION ITEM 1.FINANCIAL STATEMENTS ERIE INDEMNITY COMPANYCONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)(dollars in thousands, except per share data) Operating revenue Management fee revenue-policyissuanceand renewal servicesManagement fee revenue - administrative servicesAdministrative services reimbursement revenueService agreement revenueTotal operating revenue Operating expenses Cost of operations - policy issuance and renewal servicesCost of operations - administrative servicesTotal operating expensesOperating income Investment income Net investment incomeNet realized and unrealized investment (losses) gainsNet impairment losses recognized in earnings Total investment income Other incomeIncome before income taxesIncome tax expense Net income Net income per share ClassA common stock – basicClassA common stock – dilutedClassB common stock – basic and diluted Weighted average shares outstanding – BasicClassA common stockClassB common stock ClassA common stockClassB common stock Dividends declared per shareClassA common stockClassB common stock See accompanying notes to Consolidated Financial Statements. See Note 12, "Accumulated Other Comprehensive Income (Loss)", foramounts reclassified out of accumulated other comprehensive income (loss) into the Consolidated Statements of Operations. ERIE INDEMNITY COMPANYCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)(in thousands) Net income Other comprehensive (loss) income, net of taxChange in unrealized holding (losses) gains on available-for-sale securitiesPension and other postr