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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, unless otherwise specified
2 Months Ended 1 Months Ended 3 Months Ended
Mar. 31, 2015
Jan. 31, 2015
Mar. 31, 2014
Revenues      
Premiums and policy fees $ 506,386plico_PremiumsAndPolicyFees    
Reinsurance ceded (146,813)us-gaap_CededPremiumsWritten    
Net of reinsurance ceded 359,573plico_NetOfReinsuranceCeded    
Net investment income 272,211us-gaap_NetInvestmentIncome    
Realized investment gains (losses):      
Derivative financial instruments (4,948)us-gaap_GainLossOnDerivativeInstrumentsNetPretax    
All other investments (35,056)plico_RealizedInvestmentGainsLossesAllOtherInvestments    
Other income 49,181us-gaap_OtherIncome    
Total revenues 640,961us-gaap_Revenues    
Benefits and expenses      
Benefits and settlement expenses, net of reinsurance ceded: (2015 Successor - $120,522; 2015 Predecessor: $96,141; 2014 Predecessor - $304,136) 485,424us-gaap_PolicyholderBenefitsAndClaimsIncurredNet    
Amortization of deferred policy acquisition costs and value of business acquired 28,036plico_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired    
Other operating expenses, net of reinsurance ceded: (2015 Successor - $23,746; 2015 Predecessor - $17,700; 2014 Predecessor - $44,392) 102,965plico_OtherOperatingExpensesNetOfReinsuranceCeded    
Total benefits and expenses 616,425us-gaap_BenefitsLossesAndExpenses    
Income before income tax 24,536us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments    
Income tax expense 8,116us-gaap_IncomeTaxExpenseBenefit    
Net income 16,420us-gaap_NetIncomeLoss    
Predecessor      
Revenues      
Premiums and policy fees   260,582plico_PremiumsAndPolicyFees
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
812,323plico_PremiumsAndPolicyFees
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Reinsurance ceded   (91,632)us-gaap_CededPremiumsWritten
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(333,506)us-gaap_CededPremiumsWritten
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net of reinsurance ceded   168,950plico_NetOfReinsuranceCeded
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
478,817plico_NetOfReinsuranceCeded
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net investment income   164,605us-gaap_NetInvestmentIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
514,037us-gaap_NetInvestmentIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Realized investment gains (losses):      
Derivative financial instruments   22,031us-gaap_GainLossOnDerivativeInstrumentsNetPretax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(39,574)us-gaap_GainLossOnDerivativeInstrumentsNetPretax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
All other investments   81,153plico_RealizedInvestmentGainsLossesAllOtherInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
72,146plico_RealizedInvestmentGainsLossesAllOtherInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other-than-temporary impairment losses   (636)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(423)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Portion recognized in other comprehensive income (before taxes)   155plico_OtherThanTemporaryImpairmentsInOtherComprehensiveIncomeReclassificationBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(1,168)plico_OtherThanTemporaryImpairmentsInOtherComprehensiveIncomeReclassificationBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net impairment losses recognized in earnings   (481)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(1,591)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other income   23,388us-gaap_OtherIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
65,514us-gaap_OtherIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total revenues   459,646us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
1,089,349us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Benefits and expenses      
Benefits and settlement expenses, net of reinsurance ceded: (2015 Successor - $120,522; 2015 Predecessor: $96,141; 2014 Predecessor - $304,136)   266,575us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
727,428us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Amortization of deferred policy acquisition costs and value of business acquired   4,817plico_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
65,882plico_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other operating expenses, net of reinsurance ceded: (2015 Successor - $23,746; 2015 Predecessor - $17,700; 2014 Predecessor - $44,392)   55,407plico_OtherOperatingExpensesNetOfReinsuranceCeded
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
144,428plico_OtherOperatingExpensesNetOfReinsuranceCeded
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total benefits and expenses   326,799us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
937,738us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Income before income tax   132,847us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
151,611us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Income tax expense   44,325us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
49,062us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net income   $ 88,522us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
$ 102,549us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember