PROTECTIVE LIFE INSURANCE CO

Delisted

CIK 310826fmd_0JK05YNKJWG8DGBRNK5V7APH63Finance, Insurance and Real Estate · Life InsuranceTemplate: Insurance

Coverage: Jan 01, 2009 to Dec 31, 2021, 48 periods

Income Statement · Annual · Millions · USD
Line item	FY2011	FY2012	FY2013	FY2014	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021
Total revenues	3,409	3,456	3,605	4,464	4,294	4,313	4,759	5,731	6,168	6,413
Net premiums earned	1,420	1,489	1,580	1,887	2,059	2,089	2,273	2,548	2,976	2,902
Net investment income	1,753	1,789	1,836	2,098	1,823	1,923	2,339	2,825	2,889	2,982
Realized investment gains (losses)	45	(53)	(62)	185	123	(25)	(174)	(59)	(235)	150
Provision for credit losses	–	–	–	–	–	–	–	4	140	(112)
Losses and loss adjustment expenses	2,222	2,317	2,474	2,786	2,877	2,955	3,511	4,256	4,901	4,924
Policy acquisition costs	159	105	112	195	49	54	134	157	163	200
Total benefits, losses and expenses	2,933	2,996	3,182	3,725	3,771	3,849	4,511	5,207	5,891	6,042
Operating income	414	462	–	–	387	409	368	468	390	333
Interest expense	–	–	–	–	171	178	185	180	137	15
Income before taxes	475	460	422	739	523	464	248	524	277	371
Income tax expense	152	151	131	247	170	(718)	54	97	43	86
Net income from continuing operations	324	309	292	492	353	1,182	194	427	234	285
Net income	324	309	292	492	353	1,182	194	427	234	285