Erie Indemnity Co (FRA:EI2)
€ 398 8 (2.05%) Market Cap: 20.59 Bil Enterprise Value: 20.46 Bil PE Ratio: 39.47 PB Ratio: 11.33 GF Score: 69/100

Erie Indemnity Co Annual Shareholders Meeting Transcript

Apr 20, 2020 / 01:30PM GMT
Release Date Price: €161 (+0.63%)
Thomas Bailey Hagen
Erie Indemnity Company - Independent Chairman of the Board

Good morning, fellow shareholders. I'm Tom Hagen, Chairman of the Board of the Erie Indemnity Company, and I will be acting as Chairman of this meeting. I'm pleased to welcome you to this 95th annual shareholders meeting of our company, albeit this meeting is in a much different format than usual for the first time in our 95 years and certainly necessitated by the coronavirus challenge facing all of us. As a reminder, the Erie Indemnity Company is the attorney-in-fact for the subscribers at the reciprocal Erie Insurance Exchange and also the management company for the 5 other insurance companies owned by the Exchange, all of which collectively comprise the Erie Insurance Group, commonly referred to as Erie Insurance or just the Erie.

Before we begin, we have some housekeeping items to review. Because of the ongoing concerns regarding the spread of the COVID-19 coronavirus, this Annual Meeting of Shareholders is being held solely by live webcast. Out of concern for the health and safety of our employees and

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