SCHEDULE IV - REINSURANCE

12 Months Ended

Dec. 31, 2012

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, 2012:
Life insurance in-force	$	706,415,969	$	444,950,866	$	30,470,432	$	291,935,535		10.4	%
Premiums and policy fees:
Life insurance	2,226,614		1,228,444		281,711		1,279,881		(1)	22.0
Accident/health insurance	38,873		12,065		29,413		56,221			52.3
Property and liability insurance	216,014		69,589		6,765		153,190			4.4
Total	$	2,481,501	$	1,310,098	$	317,889	$	1,489,292
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		(1)	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

(1)Includes annuity policy fees of $103.8 million, $74.9 million, and $43.4 million for the years ended December 31, 2012, 2011, and 2010, respectively.