CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Assets
Fixed maturities, at fair value (amortized cost: 2012 - $26,681,324; 2011 - $26,137,960)	$ 29,787,959	$ 27,983,446
Fixed maturities, at amortized cost (fair value: 2012 - $319,163)	300,000
Equity securities, at fair value (cost: 2012 - $409,376; 2011 - $345,874)	411,786	335,232
Mortgage loans (2012 and 2011 includes: $765,520 and $858,139 related to securitizations)	4,950,201	5,353,481
Investment real estate, net of accumulated depreciation (2012 - $1,017; 2011 - $1,547)	19,816	29,899
Policy loans	865,391	879,819
Other long-term investments	361,837	257,714
Short-term investments	217,812	101,489
Total investments	36,914,802	34,941,080
Cash	368,801	267,298
Accrued investment income	357,368	350,580
Accounts and premiums receivable, net of allowance for uncollectible amounts (2012 - $4,290; 2011 - $3,899)	85,500	84,754
Reinsurance receivables	5,805,401	5,645,471
Deferred policy acquisition costs and value of business acquired	3,239,519	3,248,041
Goodwill	108,561	111,659
Property and equipment, net of accumulated depreciation (2012 - $105,789; 2011 - $134,924)	47,607	48,578
Other assets	262,052	150,549
Income tax receivable	30,827	50,783
Assets related to separate accounts
Variable annuity	9,601,417	6,741,959
Variable universal life	562,817	502,617
Total assets	57,384,672	52,143,369
Liabilities
Future policy benefits and claims	21,626,386	20,867,989
Unearned premiums	1,396,026	1,258,785
Total policy liabilities and accruals	23,022,412	22,126,774
Stable value product account balances	2,510,559	2,769,510
Annuity account balances	10,658,463	10,946,848
Other policyholders' funds	566,985	546,516
Other liabilities	1,434,604	1,065,451
Mortgage loan backed certificates		19,755
Deferred income taxes	1,736,389	1,260,629
Non-recourse funding obligations	586,000	407,800
Repurchase program borrowings	150,000
Debt	1,400,000	1,520,000
Subordinated debt securities	540,593	524,743
Liabilities related to separate accounts
Variable annuity	9,601,417	6,741,959
Variable universal life	562,817	502,617
Total liabilities	52,770,239	48,432,602
Commitments and contingencies - Note 11
Shareowners' equity
Preferred Stock; $1 par value, shares authorized: 4,000,000; Issued: None
Common Stock, $.50 par value, shares authorized: 2012 and 2011 - 160,000,000 shares issued: 2012 and 2011 - 88,776,960	44,388	44,388
Additional paid-in-capital	606,369	598,106
Treasury stock, at cost (2012 - 10,639,467; 2011 - 7,107,765 shares)	(209,840)	(107,740)
Retained earnings	2,437,544	2,191,319
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on investments, net of income tax: (2012 - $978,656; 2011 - $589,132)	1,817,504	1,094,103
Net unrealized (losses) gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2012 - $(2,147); 2011 - $(18,428))	(3,988)	(34,224)
Accumulated loss - derivatives, net of income tax: (2012 - $(1,883); 2011 - $(4,111))	(3,496)	(7,634)
Postretirement benefits liability adjustment, net of income tax: (2012 - $(39,468); 2011 - $(35,970))	(73,298)	(66,801)
Total Protective Life Corporation's shareowners' equity	4,615,183	3,711,517
Noncontrolling interest	(750)	(750)
Total equity	4,614,433	3,710,767
Total liabilities and shareowners' equity	$ 57,384,672	$ 52,143,369