SCHEDULE I PROTECTIVE INSURANCE CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES (in thousands) As of December 31, 2018 (1) Amounts presented above do not include investments of $156,855 classified as cash and cash equivalents in the consolidated balance sheet. - 76 - Type of Investment Cost Fair Value Amount at Which Shown in the Consolidated Balance Sheet (1) Fixed Income Securities: Bonds: Agency collateralized mortgage obligations $ 10,636 $ 10,687 $ 10,687 Agency mortgage-backed securities 37,168 37,385 37,385 Asset-backed securities 66,241 64,422 64,422 Bank loans 10,208 9,750 9,750 Certificates of deposit 2,835 2,835 2,835 Collateralized mortgage obligations 5,095 5,423 5,423 Corporate securities 196,925 190,450 190,450 Mortgage-backed securities 38,586 38,540 38,540 Municipal obligations 29,102 29,155 29,155 Non-U.S. government obligations 25,339 25,180 25,180 U.S. government obligations 178,369 178,818 178,818 Total fixed income securities 600,504 592,645 592,645 Equity Securities: Common Stocks: Consumer 15,963 17,945 17,945 Energy 3,981 3,179 3,179 Financial 23,111 25,253 25,253 Industrial 3,287 6,920 6,920 Technology 1,259 2,303 2,303 Funds (e.g. mutual funds, closed end funds, ETFs) 6,797 5,489 5,489 Other 5,032 5,333 5,333 Total equity securities 59,430 66,422 66,422 Commercial mortgage loans 6,672 6,672 6,672 Short-term: Certificates of deposit 1,000 1,000 1,000 Total short-term and other 1,000 1,000 1,000 Total investments $ 667,606 $ 666,739 $ 666,739