XML 23 R124.htm IDEA: XBRL DOCUMENT v2.4.1.9
OFFSETTING OF ASSETS AND LIABILITIES (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets $ 225,716plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements $ 207,876plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
Net Amounts of Assets Presented in the Statement of Financial Position 225,716plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement 207,876plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 53,612us-gaap_DerivativeCollateralObligationToReturnSecurities 52,487us-gaap_DerivativeCollateralObligationToReturnSecurities
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 73,935us-gaap_DerivativeCollateralObligationToReturnCash 10,700us-gaap_DerivativeCollateralObligationToReturnCash
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 98,169plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements 144,689plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 44,985us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement 2,444us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement
Total derivatives    
Gross Amounts of Recognized Assets 270,701us-gaap_DerivativeFairValueOfDerivativeAsset 210,320us-gaap_DerivativeFairValueOfDerivativeAsset
Net Amounts of Assets Presented in the Statement of Financial Position 270,701us-gaap_DerivativeAssets 210,320us-gaap_DerivativeAssets
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 53,612plico_DerivativeCollateralObligationToReturnSecuritiesTotal 52,487plico_DerivativeCollateralObligationToReturnSecuritiesTotal
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 73,935plico_DerivativeCollateralObligationToReturnCashTotal 10,700plico_DerivativeCollateralObligationToReturnCashTotal
Total derivatives, Net Amount 143,154plico_DerivativeAssetsAmountOffsetAgainstCollateralIncludingAssetsNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset 147,133plico_DerivativeAssetsAmountOffsetAgainstCollateralIncludingAssetsNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 225,716plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
110,983plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
Net Amounts of Assets Presented in the Statement of Financial Position 225,716plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
110,983plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 53,612us-gaap_DerivativeCollateralObligationToReturnSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
52,487us-gaap_DerivativeCollateralObligationToReturnSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 73,935us-gaap_DerivativeCollateralObligationToReturnCash
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
10,700us-gaap_DerivativeCollateralObligationToReturnCash
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 98,169plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
47,796plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 1,051plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
1,517plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
Net Amounts of Assets Presented in the Statement of Financial Position 1,051plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
1,517plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 1,051plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
1,517plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 37,497plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
95,376plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
Net Amounts of Assets Presented in the Statement of Financial Position 37,497plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
95,376plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 37,497plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
95,376plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
Derivatives with PLC    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 6,077plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_InterestSupportAgreementAndYearlyRenewableTermPremiumSupportAndPortfolioMaintenanceAgreementsMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 6,077plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_InterestSupportAgreementAndYearlyRenewableTermPremiumSupportAndPortfolioMaintenanceAgreementsMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 6,077plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_InterestSupportAgreementAndYearlyRenewableTermPremiumSupportAndPortfolioMaintenanceAgreementsMember
 
Other    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 360plico_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_OtherDerivativesMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 360plico_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_OtherDerivativesMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount $ 360plico_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_OtherDerivativesMember