SCHEDULE IV - REINSURANCE

12 Months Ended

Dec. 31, 2011

SCHEDULE IV - REINSURANCE

SCHEDULE IV - REINSURANCE

SCHEDULE IV - REINSURANCE

PROTECTIVE LIFE INSURANCE COMPANY AND SUBSIDIARIES

					Assumed					Percentage of
			Ceded to		from					Amount
	Gross		Other		Other		Net			Assumed to
	Amount		Companies		Companies		Amount			Net
	(Dollars In Thousands)
For The Year Ended December 31, 2011:
Life insurance in-force	$	728,670,260	$	469,530,487	$	32,812,882	$	291,952,655		11.2	%
Premiums and policy fees:
Life insurance	2,245,359		1,278,273		248,467		1,215,553		(1)	20.4
Accident/health insurance	43,161		14,415		21,719		50,465			43.0
Property and liability insurance	219,267		71,225		6,160		154,202			4.0
Total	$	2,507,787	$	1,363,913	$	276,346	$	1,420,220
For The Year Ended December 31, 2010:
Life insurance in-force	$	753,518,782	$	495,056,077	$	18,799,243	$	277,261,948		6.8	%
Premiums and policy fees:
Life insurance	2,153,318		1,284,504		166,606		1,035,420			16.1
Accident/health insurance	49,520		17,323		63		32,260			0.2
Property and liability insurance	232,744		78,885		7,106		160,965			4.4
Total	$	2,435,582	$	1,380,712	$	173,775	$	1,228,645
For The Year Ended December 31, 2009:
Life insurance in-force	$	755,263,432	$	515,136,471	$	19,826,424	$	259,953,385		7.6	%
Premiums and policy fees:
Life insurance	2,135,750		1,350,061		113,306		898,995			12.6
Accident/health insurance	59,202		21,859		126		37,469			0.3
Property and liability insurance	298,832		137,116		67,464		229,180			29.4
Total	$	2,493,784	$	1,509,036	$	180,896	$	1,165,644

(1)  Includes annuity policy fees of $74.9 million, $43.4 million, and $34.9 million for the years ended December 31, 2011, 2010, and 2009, respectively.