Financial Data and Key Metrics Changes - In Q4 2025, direct written premiums grew approximately 5% year-over-year, and nearly 9% for the full year compared to 2024, primarily driven by prior rate actions [5] - The Q4 combined ratio improved significantly to 94.1%, compared to 105.7% in the same quarter last year, reflecting improved rate adequacy [6] - Net income for Q4 was over $63 million, or $1.21 per diluted share, down from $152 million, or $2.91 per diluted share in Q4 2024; full year net income totaled over $559 million, or $10.69 per diluted share, compared to over $600 million, or $11.48 per diluted share in 2024 [8] - Operating income decreased nearly $10 million or 5.7% in Q4 compared to the same period last year [9] Business Line Data and Key Metrics Changes - Policies in force declined by 1.1%, with retention dropping to 88.4% [6] - Management fee revenue for policy issuance and renewal services grew approximately $238 million or 8.2% for the full year, while expense growth totaled approximately $201 million or 8.7% [10] Market Data and Key Metrics Changes - Catastrophe losses contributed 10.6 points to the combined ratio on a reported basis, compared to 9.6 points in 2024, with significant losses offset by lower-than-expected losses in H2 [7] Company Strategy and Development Direction - The company aims to strengthen profitability, support disciplined growth, and invest in product offerings for long-term success [12] - New products like Erie Secure Auto are being rolled out to enhance competitive positioning [12] - The company is also advancing innovation through Erie Strategic Ventures, focusing on investments in technology and financial services [14] Management's Comments on Operating Environment and Future Outlook - The management highlighted a challenging underwriting environment due to elevated weather activity and competitive market dynamics [3] - Confidence was expressed in the long-term strategy that has sustained the company for 100 years, positioning it well for a strong year ahead [4] Other Important Information - A $100 million contribution to a charitable foundation impacted net income but did not affect operating income [8] - The company paid over $254 million in dividends in 2025, with a 7.1% increase in the quarterly dividend approved for 2026 [11] - The CEO announced plans to retire at the end of 2026, emphasizing a commitment to a seamless leadership transition [16] Summary of Q&A Session Questions and Answers - There was no Q&A session following the recorded remarks, so no questions or answers are available [1]

Erie Indemnity Company (NasdaqGS:ERIE) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsJulie Pelkowski - EVP and CFOScott Beilharz - VP of Investor RelationsTimothy G. NeCastro - President and CEOOperatorGood morning, welcome to the Erie Indemnity Company fourth quarter and year-end 2025 earnings conference call. This call was prerecorded and there will be no question-and-answer session following the recording. Now, I'd like to introduce your host for the call, Vice President of Inve ...

Financial Data and Key Metrics Changes - In Q4 2025, net income was over $63 million, or $1.21 per diluted share, compared to $152 million, or $2.91 per diluted share in Q4 2024 [9] - For the full year, net income totaled over $559 million, or $10.69 per diluted share, down from over $600 million, or $11.48 per diluted share in 2024 [9] - The combined ratio improved significantly to 94.1% in Q4 2025 from 105.7% in Q4 2024, and for the full year, it improved from 110.4% in 2024 to 104.9% in 2025 [6][7] Business Line Data and Key Metrics Changes - Direct written premiums grew approximately 5% in Q4 2025 compared to the prior year, and almost 9% for the full year compared to 2024 [5] - Average premium per policy for the total year grew 9.6% compared to 2024 [5] - Policies in force declined by 1.1%, and retention decreased to 88.4% [6] Market Data and Key Metrics Changes - Catastrophe losses contributed 10.6 points to the combined ratio on a reported basis, compared to 9.6 points in 2024 [8] - The company experienced significant catastrophe losses in the first half of the year, which were offset by lower-than-expected losses in the second half [8] Company Strategy and Development Direction - The company aims to strengthen profitability, support disciplined growth, and invest in product offerings and capabilities for long-term success [13] - New products like Erie Secure Auto are being rolled out to enhance competitive positioning [13][14] - The company is also advancing innovation through Erie Strategic Ventures, focusing on investments in technology and financial services [15] Management's Comments on Operating Environment and Future Outlook - The management highlighted a challenging underwriting environment due to elevated weather activity and competitive market dynamics [3] - Confidence was expressed in the long-term strategy that has sustained the company for 100 years, positioning it well for a strong year ahead [4] - The CEO announced plans to retire at the end of 2026, emphasizing the importance of a seamless leadership transition [17] Other Important Information - A $100 million contribution to a charitable foundation impacted net income but did not affect operating income [9][12] - The company paid over $254 million in dividends in 2025, with a 7.1% increase in the quarterly dividend approved for 2026 [12] Summary of Q&A Session - There was no question-and-answer session following the recorded remarks, as indicated at the beginning of the call [1][2]

Commission File Number 0-24000 ERIE INDEMNITY COMPANY Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the reg ...

Erie Indemnity Company Exhibit 99.2 Erie Indemnity Company Consolidated Statements of Operations (dollars in thousands, except per share data) | | | | Three months ended December | | | | Twelve months ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 31, | | | December 31, | | | | | | 2025 | (Unaudited) | 2024 | | 2025 | | 2024 | | Operating revenue | | | | | | | | | | Management fee revenue - policy issuance and renewal | | | | | | | | | | services | $ | 727,629 | $ | 698,340 | $ | ...

Erie Indemnity Reports Full Year and Fourth Quarter 2025 Results [Accessibility Statement] Skip NavigationNet Income per Diluted Share was $1.21 for the Quarter and $10.69 for the YearERIE, Pa., Feb. 23, 2026 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2025. Net income was $559.3 million, or $10.69 per diluted share, in 2025, compared to $600.3 million, or $11.48 per diluted share, in 2024. Net income was $63.4 mil ...

The market expects Erie Indemnity (ERIE) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 23, might help the stock move higher if these key numbers are ...

Core Viewpoint - Erie Indemnity Company will announce its financial results for the fourth quarter and year-end 2025 on February 24, 2026, with a press release issued after market close on February 23, 2026 [1]. Company Overview - Erie Insurance Group is the 11th largest homeowners insurer, 12th largest automobile insurer, and 10th largest commercial lines insurer in the United States based on direct premiums written, according to AM Best Company [3]. - Founded in 1925, Erie Insurance is a Fortune 500 company and ranks as the 16th largest property/casualty insurer in the United States based on net premiums written [3]. - The company has more than 7 million policies in force and operates in 12 states and the District of Columbia, holding an A (Excellent) rating from AM Best [3].

Core Viewpoint - The Erie Indemnity Company held a Third Quarter 2025 Earnings Conference Call to discuss its financial results and future outlook [1][2]. Group 1: Earnings Release - The earnings release and financial supplement were made available on the company's Investor Relations website after the market closed [3]. Group 2: Management Remarks - The call featured remarks from Tim NeCastro, President and CEO, and Julie Pelkowski, Executive Vice President and CFO [2][5].

Financial Data and Key Metrics Changes - The financial strength rating of Erie Insurance Group was adjusted from A-plus superior to A-excellent by AM Best, reflecting profitability challenges due to large underwriting losses from severe weather events and increased claim severity [4] - Net income for Q3 2025 was $183 million, or $3.50 per diluted share, a 14% increase from $160 million, or $3.06 per share in Q3 2024 [9] - Year-to-date net income reached $496 million, or $9.48 per diluted share, an 11% increase compared to $448 million, or $8.57 per diluted share in the first nine months of 2024 [9] - The combined ratio improved to 100.6% in Q3 2025 from 113.7% in Q3 2024, indicating progress towards profitability [8] Business Line Data and Key Metrics Changes - Direct written premiums for the exchange grew 7.6% in Q3 and 10.1% year-to-date, with an average premium per policy increasing by 10.7% [7] - Policyholder surplus increased by over $300 million for the year, totaling $9.6 billion, demonstrating a strong capital position [9] - Management fee revenue from policy issuance and renewal services rose 7.3% to $825 million for the quarter and 9.5% to $2.4 billion for the year [10] Market Data and Key Metrics Changes - The company faced elevated underwriting losses due to severe weather-related events in 2023 and 2024, which were nearly double historical levels [5] - A significant hailstorm in 2025 caused $370 million in insured losses, marking the largest weather event in the company's history [5] Company Strategy and Development Direction - The company is introducing an enhanced auto product, Erie Secure Auto, aimed at improving competitive positioning and growth potential [12] - The focus remains on strengthening profitability, delivering exceptional service, and investing in technology and products for future growth [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by inflation and weather volatility over the past few years but expressed confidence in actions taken to restore profitability [6] - The company highlighted its commitment to service, which has been recognized by industry accolades, including high customer satisfaction ratings [13] Other Important Information - The company has paid over $190 million in dividends to shareholders in the first nine months of 2025, reflecting strong financial performance [11] - Erie Insurance received multiple recognitions, including being ranked first in small business insurance customer satisfaction and named one of America's Best Insurance Companies [13][14] Summary of Q&A Session Questions and Answers - There was no Q&A session following the earnings call, as the discussion was pre-recorded [1]