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ERIE INDEMNITY COMPANY

(ERIE)
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Erie Indemnity : Robert Zehr SVP Actuarial

08/12/2021 EDT

ERIE, Pa., August 12, 2021- Erie Insurance(ERIE) has named Robert Zehr as the company's next senior vice president, actuarial, and chief actuary. Zehr will succeed Brad Eastwood, who will retire at the end of 2021.

Zehr is currently vice president, enterprise risk management, and ERIE's corporate risk officer. In this role, he is responsible for managing ERIE's P&C loss reserving team, providing peer review and recommendations for actuarial opinion, managing the economic capital modeling team and providing a vision for risk/return optimization and risk budgeting. Zehr has also led ERIE's reinsurance program.

'Rob brings more than 20 years of actuarial experience and expertise in loss reserves, pricing decisions, predictive modeling and rate filings to this senior leadership role,' said Greg Gutting, executive vice president and chief financial officer. 'He is a respected industry leader and has been an integral part of building and enhancing ERIE's enterprise risk management function since its inception.'

At ERIE, Zehr has led teams of actuaries, risk managers, project managers and analysts who recommend risk tolerances and provide risk-related guidance to ERIE's Board of Directors and executive management.

He joined ERIE in 2003 from EMC Insurance Companies in Des Moines, Iowa. He earned a bachelor's degree in mathematics from Binghamton University, a master's degree in mathematics teacher education from the State University of New York College at Potsdam and an M.B.A. from Case Western Reserve University. He is also a Fellow of the Casualty Actuarial Society.

Zehr will begin his new role on August 26.

Disclaimer

Erie Indemnity Company published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 12:32:10 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 2 630 M - -
Net income 2021 304 M - -
Net Debt 2021 - - -
P/E ratio 2021 33,5x
Yield 2021 2,16%
Capitalization 8 982 M 8 982 M -
Capi. / Sales 2021 3,41x
Capi. / Sales 2022 3,29x
Nbr of Employees 5 865
Free-Float 41,5%
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Last Close Price 194,46 
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Managers and Directors
Timothy G. NeCastro President & Chief Executive Officer
Gregory J. Gutting Chief Financial Officer & Executive Vice President
Thomas B. Hagen Non-Executive Chairman
Robert C. Ingram Chief Information Officer & EVP
Ronald Habursky Chief Investment Officer & Senior Vice President
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