CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Revenues
Premiums and policy fees	$ 711,429		$ 716,586	[1]	$ 1,407,734		$ 1,382,929	[1]
Reinsurance ceded	(344,673)		(364,248)	[1]	(649,231)		(696,056)	[1]
Net of reinsurance ceded	366,756		352,338	[1]	758,503		686,873	[1]
Net investment income	456,222		448,785	[1]	918,343		892,998	[1]
Realized investment gains (losses):
Derivative financial instruments	(48,268)		(34,993)	[1]	(78,177)		(47,679)	[1]
All other investments	65,593		58,917	[1]	101,319		63,389	[1]
Other-than-temporary impairment losses	(13,670)		(15,632)	[1]	(48,090)		(31,653)	[1]
Portion recognized in other comprehensive income (before taxes)	62		6,145	[1]	15,718		16,503	[1]
Net impairment losses recognized in earnings	(13,608)		(9,487)	[1]	(32,372)		(15,150)	[1]
Other income	81,480		87,224	[1]	192,740		159,433	[1]
Total revenues	908,175		902,784	[1]	1,860,356		1,739,864	[1]
Benefits and expenses
Benefits and settlement expenses, net of reinsurance ceded: (three months: 2012 - $306,172; 2011 - $357,165; six months: 2012 - $587,979; 2011 - $670,271)	568,522		551,553	[1]	1,158,151		1,087,922	[1]
Amortization of deferred policy acquisition costs and value of business acquired	67,188		65,718	[1]	124,024		130,944	[1]
Other operating expenses, net of reinsurance ceded: (three months: 2012 - $45,978; 2011 - $48,810; six months: 2012 - $92,609; 2011 - $94,070)	164,778		150,674	[1]	319,915		295,445	[1]
Total benefits and expenses	800,488		767,945	[1]	1,602,090		1,514,311	[1]
Income before income tax	107,687		134,839	[1]	258,266		225,553	[1]
Income tax expense	31,532		46,920	[1]	83,090		78,807	[1]
Net income	76,155		87,919	[1]	175,176		146,746	[1]
Less: Net income attributable to noncontrolling interests			296	[1]			245	[1]
Net income available to PLC's common shareowners	$ 76,155	[2]	$ 87,623	[1],[2]	$ 175,176	[2]	$ 146,501	[1],[2]
Net income available to PLC's common shareowners - basic (in dollars per share)	$ 0.93		$ 1.01	[1]	$ 2.14		$ 1.69	[1]
Net income available to PLC's common shareowners - diluted (in dollars per share)	$ 0.91		$ 1.00	[1]	$ 2.10		$ 1.67	[1]
Cash dividends paid per share (in dollars per share)	$ 0.18		$ 0.16	[1]	$ 0.34		$ 0.30	[1]
Average shares outstanding - basic (in shares)	81,639,756		86,346,216	[1]	81,985,649		86,474,012	[1]
Average shares outstanding - diluted (in shares)	83,243,703		87,653,731	[1]	83,583,025		87,736,449	[1]

[1] Recast from previously reported information

[2] Protective Life Corporation ("PLC")