XML 19 R78.htm IDEA: XBRL DOCUMENT v2.4.1.9
OFFSETTING OF ASSETS AND LIABILITIES (Details 2) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities $ 46,735plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements  
Net Amounts of Liabilities Presented in the Statement of Financial Position 46,735plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralRightToReclaimSecurities  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeCollateralRightToReclaimCash  
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 549,262us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement  
Total derivatives    
Gross Amounts of Recognized Liabilities 595,997us-gaap_DerivativeFairValueOfDerivativeLiability  
Net Amounts of Liabilities Presented in the Statement of Financial Position 595,997us-gaap_DerivativeLiabilities  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440plico_DerivativeCollateralObligationRightToReclaimSecuritiesTotal  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295plico_DerivativeCollateralObligationRightToReclaimCashTotal  
Total derivatives, Net Amount 549,262plico_DerivativeLiabilitiesAmountOffsetAgainstCollateralIncludingLiabilitiesNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset  
Repurchase agreements    
Repurchase agreements 510,123plico_SecuritiesSoldUnderAgreementsToRepurchaseAmountAfterEffectsOfMasterNettingArrangements  
Total Liabilities    
Gross Amounts of Recognized Liabilities 1,106,120plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangementsGross  
Net Amounts of Liabilities Presented in the Statement of Financial Position 1,106,120plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangements  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash  
Net Amount 1,059,385plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAfterEffectsOfMasterNettingArrangements  
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 46,735plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 46,735plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeCollateralRightToReclaimCash
/ 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 Liabilities 341,698plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 341,698plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 341,698plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Funds withheld derivative    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 71,533plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 71,533plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 71,533plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
 
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 44,312plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 44,312plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 44,312plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
 
Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 83,126plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 83,126plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 83,126plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
 
Embedded derivative - IUL    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 8,593plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 8,593plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 8,593plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
 
Predecessor    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   65,887plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeCollateralRightToReclaimCash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   563,648us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives    
Gross Amounts of Recognized Liabilities   629,535us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   629,535us-gaap_DerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612plico_DerivativeCollateralObligationRightToReclaimSecuritiesTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258plico_DerivativeCollateralObligationRightToReclaimCashTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, Net Amount   563,665plico_DerivativeLiabilitiesAmountOffsetAgainstCollateralIncludingLiabilitiesNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Repurchase agreements    
Repurchase agreements   50,000plico_SecuritiesSoldUnderAgreementsToRepurchaseAmountAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total Liabilities    
Gross Amounts of Recognized Liabilities   679,535plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangementsGross
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   679,535plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amount   613,665plico_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   65,887plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeCollateralRightToReclaimCash
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   57,305plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   57,305plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   57,305plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Funds withheld derivative    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   311,727plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   311,727plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   311,727plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_FundsWithheldDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   63,460plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   63,460plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   63,460plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   124,465plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   124,465plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   124,465plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - IUL    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   6,691plico_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   6,691plico_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   $ 6,691plico_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember