SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2012

SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION
PROTECTIVE LIFE CORPORATION AND SUBSIDIARIES

Segment	Deferred Policy Acquisition Costs and Value of Businesses Acquired		Future Policy Benefits and Claims		Unearned Premiums		Stable Value Products, Annuity Contracts and Other Policyholders' Funds		Net Premiums and Policy Fees		Net Investment Income(1)		Benefits and Settlement Expenses		Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired		Other Operating Expenses(1)		Premiums Written(2)
	(Dollars In Thousands)
For The Year Ended December 31, 2012:
Life Marketing	$	2,001,708	$	12,733,602	$	698,862	$	277,919	$	743,361	$	486,463	$	1,054,645	$	45,079	$	142,177	$	161
Acquisitions		679,746		7,666,423		8,367		3,514,838		459,835		550,334		716,893		77,251		51,714		29,874
Annuities		491,184		1,102,577		103,316		7,372,470		97,902		504,345		369,622		45,319		101,247		—
Stable Value Products		1,399		—		—		2,510,559		—		128,239		64,790		947		2,174		—
Asset Protection		64,416		51,600		583,920		1,790		147,805		24,310		100,697		33,951		132,195		139,076
Corporate and Other		1,066		72,184		1,561		58,431		19,539		168,641		19,393		1,018		210,923		19,456
Total	$	3,239,519	$	21,626,386	$	1,396,026	$	13,736,007	$	1,468,442	$	1,862,332	$	2,326,040	$	203,565	$	640,430	$	188,567
For The Year Ended December 31, 2011:
Life Marketing	$	1,912,916	$	11,755,841	$	589,027	$	274,870	$	744,819	$	446,175	$	978,098	$	87,461	$	139,619	$	196
Acquisitions		824,277		7,804,207		6,792		3,669,366		414,823		529,261		662,293		75,041		55,792		22,386
Annuities		435,462		1,175,690		103,314		7,497,370		68,319		507,230		390,788		57,201		85,307		—
Stable Value Products		2,347		—		—		2,769,510		—		145,150		81,256		4,556		2,557		—
Asset Protection		71,427		54,249		557,801		1,645		156,143		26,501		99,510		38,080		114,029		146,632
Corporate and Other		1,612		78,002		1,851		50,113		21,361		166,326		21,528		2,654		199,896		21,107
Total	$	3,248,041	$	20,867,989	$	1,258,785	$	14,262,874	$	1,405,465	$	1,820,643	$	2,233,473	$	264,993	$	597,200	$	190,321
For The Year Ended December 31, 2010:
Life Marketing	$	1,826,001	$	10,910,433	$	520,589	$	275,325	$	736,252	$	388,061	$	921,765	$	47,809	$	125,954	$	246
Acquisitions		810,681		6,241,033		16,329		3,857,946		246,698		458,703		512,433		64,410		25,559		766
Annuities		368,279		1,231,374		93,609		6,985,784		42,650		482,264		407,455		76		65,591		—
Stable Value Products		6,903		—		—		3,076,233		—		171,327		123,365		5,430		3,325		—
Asset Protection		77,219		63,656		550,176		2,371		167,292		28,820		99,836		45,544		90,691		157,137
Corporate and Other		3,497		84,068		2,125		48,216		24,162		154,501		24,575		1,694		197,471		23,961
Total	$	3,092,580	$	18,530,564	$	1,182,828	$	14,245,875	$	1,217,054	$	1,683,676	$	2,089,429	$	164,963	$	508,591	$	182,110

⁽¹⁾

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

⁽²⁾

Excludes Life Insurance