CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012		Jun. 30, 2013		Jun. 30, 2012
Revenues
Premiums and policy fees	$ 756,331		$ 711,429		$ 1,483,178		$ 1,407,734
Reinsurance ceded	(390,490)		(344,673)		(725,840)		(649,231)
Net of reinsurance ceded	365,841		366,756		757,338		758,503
Net investment income	466,220		456,222		923,854		918,343
Realized investment gains (losses):
Derivative financial instruments	143,881		(48,268)		151,266		(78,177)
All other investments	(109,978)		65,593		(114,123)		101,319
Other-than-temporary impairment losses	(1,789)		(13,670)		(3,129)		(48,090)
Portion recognized in other comprehensive income (before taxes)	(2,211)		62		(5,455)		15,718
Net impairment losses recognized in earnings	(4,000)		(13,608)		(8,584)		(32,372)
Other income	94,392		81,480		179,419		192,740
Total revenues	956,356		908,175		1,889,170		1,860,356
Benefits and expenses
Benefits and settlement expenses, net of reinsurance ceded: (three months: 2013 - $370,752; 2012 - $306,172; six months: 2013 - $678,058; 2012 - $587,979)	557,866		568,522		1,139,746		1,158,151
Amortization of deferred policy acquisition costs and value of business acquired	74,946		67,188		127,185		124,024
Other operating expenses, net of reinsurance ceded: (three months: 2013 - $50,406; 2012 - $45,978; six months: 2013 - $91,395; 2012 - $92,609)	166,531		164,778		347,599		319,915
Total benefits and expenses	799,343		800,488		1,614,530		1,602,090
Income before income tax	157,013		107,687		274,640		258,266
Income tax expense	53,814		31,532		93,150		83,090
Net income	103,199		76,155		181,490		175,176
Net income available to PLC's common shareowners	$ 103,199	[1]	$ 76,155	[1]	$ 181,490	[1]	$ 175,176	[1]
Net income available to PLC's common shareowners - basic (in dollars per share)	$ 1.30		$ 0.93		$ 2.29		$ 2.14
Net income available to PLC's common shareowners - diluted (in dollars per share)	$ 1.27		$ 0.91		$ 2.24		$ 2.10
Cash dividends paid per share (in dollars per share)	$ 0.20		$ 0.18		$ 0.38		$ 0.34
Average shares outstanding - basic (in shares)	79,404,770		81,639,756		79,272,814		81,985,649
Average shares outstanding - diluted (in shares)	81,087,238		83,243,703		80,898,042		83,583,025

[1] Protective Life Corporation ("PLC")