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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
12 Months Ended
Dec. 31, 2011
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION  
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

PROTECTIVE LIFE INSURANCE COMPANY AND SUBSIDIARIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

 

Deferred

 

 

 

 

 

Stable Value

 

 

 

 

 

 

 

of Deferred

 

 

 

 

 

 

 

Policy

 

 

 

 

 

Products,

 

 

 

 

 

 

 

Policy

 

 

 

 

 

 

 

Acquisition

 

 

 

 

 

Annuity

 

 

 

 

 

 

 

Acquisitions

 

 

 

 

 

 

 

Costs and

 

 

 

 

 

Contracts and

 

Net

 

 

 

Benefits

 

Costs and

 

 

 

 

 

 

 

Value of

 

Future Policy

 

 

 

Other

 

Premiums

 

Net

 

and

 

Value of

 

Other

 

 

 

 

 

Businesses

 

Benefits and

 

Unearned

 

Policyholders’

 

and Policy

 

Investment

 

Settlement

 

Businesses

 

Operating

 

Premiums

 

Segment

 

Acquired

 

Claims

 

Premiums

 

Funds

 

Fees

 

Income(1)

 

Expenses

 

Acquired

 

Expenses(1)

 

Written(2)

 

 

 

(Dollars In Thousands)

 

For The Year Ended December 31, 2011:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Life Marketing

 

$

2,582,687

 

$

11,755,841

 

$

589,027

 

$

274,870

 

$

744,819

 

$

446,014

 

$

978,098

 

$

120,884

 

$

(21,316

)

$

196

 

Acquisitions

 

824,277

 

7,804,207

 

6,792

 

3,669,366

 

414,823

 

529,261

 

662,293

 

75,041

 

55,792

 

22,386

 

Annuities

 

548,494

 

1,175,690

 

103,314

 

7,497,370

 

68,319

 

507,229

 

390,788

 

71,060

 

53,867

 

 

Stable Value Products

 

2,347

 

 

 

2,769,510

 

 

145,150

 

81,256

 

4,556

 

2,557

 

 

Asset Protection

 

52,519

 

53,987

 

517,274

 

1,645

 

170,898

 

21,650

 

88,257

 

26,255

 

151,928

 

161,387

 

Corporate and Other

 

1,612

 

78,002

 

1,851

 

50,113

 

21,361

 

104,140

 

21,528

 

2,654

 

131,136

 

21,107

 

Total

 

$

4,011,936

 

$

20,867,727

 

$

1,218,258

 

$

14,262,874

 

$

1,420,220

 

$

1,753,444

 

$

2,222,220

 

$

300,450

 

$

373,964

 

$

205,076

 

For The Year Ended December 31, 2010:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Life Marketing

 

$

2,475,621

 

$

10,910,433

 

$

520,589

 

$

275,325

 

$

736,252

 

$

387,953

 

$

921,765

 

$

91,363

 

$

(32,305

)

$

246

 

Acquisitions

 

810,681

 

6,241,033

 

16,329

 

3,857,946

 

246,698

 

458,703

 

512,433

 

64,410

 

25,559

 

766

 

Annuities

 

471,163

 

1,231,374

 

93,609

 

6,985,784

 

42,650

 

482,264

 

407,455

 

(3,182

)

39,285

 

 

Stable Value Products

 

6,903

 

 

 

3,076,233

 

 

171,327

 

123,365

 

5,430

 

3,325

 

 

Asset Protection

 

54,707

 

63,357

 

509,273

 

2,258

 

178,883

 

23,959

 

86,799

 

29,540

 

130,585

 

168,762

 

Corporate and Other

 

3,497

 

84,068

 

2,125

 

48,216

 

24,162

 

100,639

 

24,575

 

1,694

 

117,621

 

23,961

 

Total

 

$

3,822,572

 

$

18,530,265

 

$

1,141,925

 

$

14,245,762

 

$

1,228,645

 

$

1,624,845

 

$

2,076,392

 

$

189,255

 

$

284,070

 

$

193,735

 

For The Year Ended December 31, 2009:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Life Marketing

 

$

2,277,256

 

$

9,969,274

 

$

539,061

 

$

234,467

 

$

653,441

 

$

361,921

 

$

782,372

 

$

144,125

 

$

(49,561

)

$

492

 

Acquisitions

 

839,829

 

5,878,326

 

21,805

 

3,896,074

 

261,516

 

479,743

 

532,992

 

59,025

 

14,768

 

854

 

Annuities

 

430,704

 

1,296,249

 

54,748

 

6,248,437

 

33,831

 

440,096

 

350,850

 

81,928

 

28,089

 

 

Stable Value Products

 

12,112

 

 

 

3,581,150

 

 

221,688

 

154,555

 

3,471

 

3,565

 

 

Asset Protection

 

59,821

 

95,507

 

558,464

 

2,379

 

190,292

 

28,448

 

109,381

 

29,908

 

116,346

 

178,530

 

Corporate and Other

 

5,549

 

63,974

 

2,344

 

44,635

 

26,564

 

71,167

 

29,896

 

1,900

 

109,444

 

26,413

 

Adjustments(3)

 

 

23,429

 

 

 

 

 

 

 

 

 

Total

 

$

3,625,271

 

$

17,326,759

 

$

1,176,422

 

$

14,007,142

 

$

1,165,644

 

$

1,603,063

 

$

1,960,046

 

$

320,357

 

$

222,651

 

$

206,289

 

 

(1)  Allocations of Net Investment Income and Other Operating Expenses are based on a number of assumptions and estimates and results would change if different methods were applied.

(2)  Excludes Life Insurance

(3)  Balance sheet adjustments represent the inclusion of assets related to discontinued operations.