SCHEDULE IV - REINSURANCE

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]

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 Millions)
For The Year Ended December 31, 2021:
Life insurance in-force	$	829,253	$	(222,865)	$	191,110	$	797,498		24.0	%
Premiums and policy fees:
Life insurance		2,843		(1,113)		1,037		2,767	(1)	37.5	%
Accident/health insurance		32		(19)		28		41		68.3
Property and liability insurance		281		(188)		1		94		1.1
Total	$	3,156	$	(1,320)	$	1,066	$	2,902
For The Year Ended December 31, 2020 (Recast):
Life insurance in-force	$	785,197	$	(244,588)	$	206,050	$	746,659		27.6	%
Premiums and policy fees:
Life insurance		2,661		(826)		934		2,769	(1)	33.7	%
Accident/health insurance		37		(23)		90		104		86.5
Property and liability insurance		279		(178)		2		103		1.9
Total	$	2,977	$	(1,027)	$	1,026	$	2,976
For The Year Ended December 31, 2019 (Recast):
Life insurance in-force	$	766,197	$	(271,601)	$	212,574	$	707,170		30.1	%
Premiums and policy fees:
Life insurance		2,853		(1,312)		836		2,377	(1)	35.2	%
Accident/health insurance		42		(90)		41		(7)		(585.7)
Property and liability insurance		281		(106)		3		178		1.7
Total	$	3,176	$	(1,508)	$	880	$	2,548

(1) Includes annuity policy fees of $199 million, $163 million, and $164 million, and for the years ended December 31, 2021, 2020, and 2019, respectively.

See the accompanying Report of Independent Registered Public Accounting Firm