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CONSOLIDATED QUARTERLY RESULTS - UNAUDITED (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CONSOLIDATED QUARTERLY RESULTS - UNAUDITED                      
Premiums and policy fees $ 867,263plico_PremiumsAndPolicyFees $ 755,300plico_PremiumsAndPolicyFees $ 848,183plico_PremiumsAndPolicyFees $ 812,323plico_PremiumsAndPolicyFees $ 837,706plico_PremiumsAndPolicyFees $ 653,664plico_PremiumsAndPolicyFees $ 752,752plico_PremiumsAndPolicyFees $ 723,200plico_PremiumsAndPolicyFees $ 3,283,069plico_PremiumsAndPolicyFees $ 2,967,322plico_PremiumsAndPolicyFees $ 2,799,390plico_PremiumsAndPolicyFees
Reinsurance ceded (430,878)us-gaap_CededPremiumsWritten (283,104)us-gaap_CededPremiumsWritten (348,255)us-gaap_CededPremiumsWritten (333,506)us-gaap_CededPremiumsWritten (387,192)us-gaap_CededPremiumsWritten (277,628)us-gaap_CededPremiumsWritten (396,777)us-gaap_CededPremiumsWritten (325,840)us-gaap_CededPremiumsWritten (1,395,743)us-gaap_CededPremiumsWritten (1,387,437)us-gaap_CededPremiumsWritten (1,310,097)us-gaap_CededPremiumsWritten
Net of reinsurance ceded 436,385plico_NetOfReinsuranceCeded 472,196plico_NetOfReinsuranceCeded 499,928plico_NetOfReinsuranceCeded 478,817plico_NetOfReinsuranceCeded 450,514plico_NetOfReinsuranceCeded 376,036plico_NetOfReinsuranceCeded 355,975plico_NetOfReinsuranceCeded 397,360plico_NetOfReinsuranceCeded 1,887,326plico_NetOfReinsuranceCeded 1,579,885plico_NetOfReinsuranceCeded 1,489,293plico_NetOfReinsuranceCeded
Net investment income 525,539us-gaap_NetInvestmentIncome 532,861us-gaap_NetInvestmentIncome 525,576us-gaap_NetInvestmentIncome 514,037us-gaap_NetInvestmentIncome 515,340us-gaap_NetInvestmentIncome 434,772us-gaap_NetInvestmentIncome 447,064us-gaap_NetInvestmentIncome 439,012us-gaap_NetInvestmentIncome 2,098,013us-gaap_NetInvestmentIncome 1,836,188us-gaap_NetInvestmentIncome 1,789,338us-gaap_NetInvestmentIncome
Realized investment gains (losses) 71,869us-gaap_RealizedInvestmentGainsLosses 39,299us-gaap_RealizedInvestmentGainsLosses 42,386us-gaap_RealizedInvestmentGainsLosses 30,981us-gaap_RealizedInvestmentGainsLosses (13,227)us-gaap_RealizedInvestmentGainsLosses 4,263us-gaap_RealizedInvestmentGainsLosses (47,636)us-gaap_RealizedInvestmentGainsLosses (5,223)us-gaap_RealizedInvestmentGainsLosses 184,535us-gaap_RealizedInvestmentGainsLosses (61,823)us-gaap_RealizedInvestmentGainsLosses (53,124)us-gaap_RealizedInvestmentGainsLosses
Other income 85,119us-gaap_OtherIncome 72,404us-gaap_OtherIncome 71,296us-gaap_OtherIncome 65,514us-gaap_OtherIncome 69,825us-gaap_OtherIncome 65,523us-gaap_OtherIncome 60,638us-gaap_OtherIncome 54,434us-gaap_OtherIncome 294,333us-gaap_OtherIncome 250,420us-gaap_OtherIncome 230,553us-gaap_OtherIncome
Total revenues 1,118,912us-gaap_Revenues 1,116,760us-gaap_Revenues 1,139,186us-gaap_Revenues 1,089,349us-gaap_Revenues 1,022,452us-gaap_Revenues 880,594us-gaap_Revenues 816,041us-gaap_Revenues 885,583us-gaap_Revenues 4,464,207us-gaap_Revenues 3,604,670us-gaap_Revenues 3,456,060us-gaap_Revenues
Total benefits and expenses 888,469us-gaap_BenefitsLossesAndExpenses 932,640us-gaap_BenefitsLossesAndExpenses 966,571us-gaap_BenefitsLossesAndExpenses 937,738us-gaap_BenefitsLossesAndExpenses 902,049us-gaap_BenefitsLossesAndExpenses 767,239us-gaap_BenefitsLossesAndExpenses 737,114us-gaap_BenefitsLossesAndExpenses 775,769us-gaap_BenefitsLossesAndExpenses 3,725,418us-gaap_BenefitsLossesAndExpenses 3,182,171us-gaap_BenefitsLossesAndExpenses 2,996,481us-gaap_BenefitsLossesAndExpenses
Income before income tax 230,443us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 184,120us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 172,615us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 151,611us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 120,403us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 113,355us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 78,927us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 109,814us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 738,789us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 422,499us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 459,579us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 78,917us-gaap_IncomeTaxExpenseBenefit 62,287us-gaap_IncomeTaxExpenseBenefit 56,572us-gaap_IncomeTaxExpenseBenefit 49,062us-gaap_IncomeTaxExpenseBenefit 31,931us-gaap_IncomeTaxExpenseBenefit 37,107us-gaap_IncomeTaxExpenseBenefit 25,923us-gaap_IncomeTaxExpenseBenefit 35,936us-gaap_IncomeTaxExpenseBenefit 246,838us-gaap_IncomeTaxExpenseBenefit 130,897us-gaap_IncomeTaxExpenseBenefit 151,043us-gaap_IncomeTaxExpenseBenefit
Net income $ 151,526us-gaap_NetIncomeLoss $ 121,833us-gaap_NetIncomeLoss $ 116,043us-gaap_NetIncomeLoss $ 102,549us-gaap_NetIncomeLoss $ 88,472us-gaap_NetIncomeLoss $ 76,248us-gaap_NetIncomeLoss $ 53,004us-gaap_NetIncomeLoss $ 73,878us-gaap_NetIncomeLoss $ 491,951us-gaap_NetIncomeLoss $ 291,602us-gaap_NetIncomeLoss $ 308,536us-gaap_NetIncomeLoss