SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]

SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III — SUPPLEMENTARY INSURANCE INFORMATION

PROTECTIVE LIFE INSURANCE COMPANY AND SUBSIDIARIES

															Amortization
	Deferred						Stable Value								of Deferred
	Policy						Products,								Policy
	Acquisition		Future				Annuity								Acquisitions
	Costs and		Policy				Contracts and		Net				Benefits		Costs and
	Value of		Benefits				Other		Premiums		Net		and		Value of		Other
	Businesses		and		Unearned		Policyholders'		and Policy		Investment		Settlement		Businesses		Operating		Premiums
Segment	Acquired		Claims		Premiums		Funds		Fees		Income(1)		Expenses		Acquired		Expenses(1)		Written(2)
	(Dollars In Millions)
For The Year Ended December 31, 2021
Retail Life and Annuity	$	2,806	$	19,506	$	—	$	11,674	$	1,474	$	1,110	$	2,316	$	222	$	224	$	—
Acquisitions		870		34,478		1		5,914		1,320		1,590		2,411		19		234		28
Stable Value Products		15		—		—		8,526		—		303		124		5		3		—
Asset Protection		178		34		843		—		98		20		59		63		108		97
Corporate and Other		—		46		1		78		10		(41)		14		—		111		10
Total	$	3,869	$	54,064	$	845	$	26,192	$	2,902	$	2,982	$	4,924	$	309	$	680	$	135
For The Year Ended December 31, 2020 (Recast)
Retail Life and Annuity	$	2,480	$	18,483	$	—	$	10,914	$	1,541	$	1,015	$	2,168	$	116	$	199	$	—
Acquisitions		762		35,537		2		6,361		1,317		1,648		2,510		24		267		90
Stable Value Products		8		—		—		6,056		—		230		133		3		4		—
Asset Protection		170		40		779		—		107		23		75		65		94		105
Corporate and Other		—		47		1		68		11		(27)		15		—		218		11
Total	$	3,420	$	54,107	$	782	$	23,399	$	2,976	$	2,889	$	4,901	$	208	$	782	$	206
For The Year Ended December 31, 2019 (Recast)
Retail Life and Annuity	$	2,417	$	17,674	$	—	$	9,402	$	1,244	$	945	$	1,765	$	100	$	209	$	—
Acquisitions		924		36,176		2		6,387		1,173		1,533		2,237		11		232		42
Stable Value Products		5		—		—		5,444		—		244		144		3		4		—
Asset Protection		174		44		792		—		120		28		93		62		98		180
Corporate and Other		—		51		1		78		11		75		17		—		232		12
Total	$	3,520	$	53,945	$	795	$	21,311	$	2,548	$	2,825	$	4,256	$	176	$	775	$	234

(1) Allocations of Net Investment Income and Other Operating Expenses are based on a number of assumptions and estimates and results would change if different methods were applied.

(2) Excludes Life Insurance.

See the accompanying Report of Independent Registered Public Accounting Firm