XML 26 R81.htm IDEA: XBRL DOCUMENT v2.4.1.9
OFFSETTING OF ASSETS AND LIABILITIES (Details 2) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities $ 46,735pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements  
Net Amounts of Liabilities Presented in the Statement of Financial Position 46,735pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralRightToReclaimSecurities  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeCollateralRightToReclaimCash  
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 627,515us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement  
Total derivatives    
Gross Amounts of Recognized Liabilities 674,250us-gaap_DerivativeFairValueOfDerivativeLiability  
Net Amounts of Liabilities Presented in the Statement of Financial Position 674,250us-gaap_DerivativeLiabilities  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440pl_DerivativeCollateralObligationRightToReclaimSecuritiesTotal  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295pl_DerivativeCollateralObligationRightToReclaimCashTotal  
Total derivatives, Net Amount 627,515pl_DerivativeLiabilitiesAmountOffsetAgainstCollateralIncludingLiabilitiesNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset  
Repurchase agreements    
Repurchase agreements 510,123pl_SecuritiesSoldUnderAgreementsToRepurchaseAmountAfterEffectsOfMasterNettingArrangements  
Total Liabilities    
Gross Amounts of Recognized Liabilities 1,184,373pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangementsGross  
Net Amounts of Liabilities Presented in the Statement of Financial Position 1,184,373pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangements  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash  
Net Amount 1,137,638pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAfterEffectsOfMasterNettingArrangements  
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 46,735pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 46,735pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 5,295us-gaap_DerivativeCollateralRightToReclaimCash
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 341,698pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 341,698pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 341,698pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 194,098pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 194,098pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 194,098pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 83,126pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 83,126pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 83,126pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
 
Embedded derivative - IUL    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 8,593pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeIulMember
 
Net Amounts of Liabilities Presented in the Statement of Financial Position 8,593pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeIulMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 8,593pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeIulMember
 
Predecessor    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   65,887pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeCollateralRightToReclaimCash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   754,852us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives    
Gross Amounts of Recognized Liabilities   820,739us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   820,739us-gaap_DerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612pl_DerivativeCollateralObligationRightToReclaimSecuritiesTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258pl_DerivativeCollateralObligationRightToReclaimCashTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, Net Amount   754,869pl_DerivativeLiabilitiesAmountOffsetAgainstCollateralIncludingLiabilitiesNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Repurchase agreements    
Repurchase agreements   50,000pl_SecuritiesSoldUnderAgreementsToRepurchaseAmountAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total Liabilities    
Gross Amounts of Recognized Liabilities   870,739pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangementsGross
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   870,739pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedIncludingLiabilitiesNotSubjectToMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amount   804,869pl_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   65,887pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258us-gaap_DerivativeCollateralRightToReclaimCash
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   311,727pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   311,727pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   311,727pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   311,969pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   311,969pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   311,969pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   124,465pl_DerivativeFairValueOfDerivativeLiabilityBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Liabilities Presented in the Statement of Financial Position   124,465pl_DerivativeFairValueOfDerivativeLiabilityAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   124,465pl_DerivativeFairValueOfDerivativeLiabilityAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - IUL    
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   $ 6,691us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeIulMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember