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PROTECTIVE LIFE CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2019 10-Q, filed Nov 12, 2019. Its latest SEC filing is a N-PX from Aug 27, 2026.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Sells life insurance, annuities and investment products to individuals, retirement plans and institutional investors.

How Did They Make Money?

revenue

Who Were Their Customers?

Life and annuity products are sold to individuals through agents, brokers and financial institutions; funding agreements go directly to institutional investors and trustees, while asset-protection products reach consumers through vehicle dealers.

Did Revenues Turn Into Profits?

Yes. It kept 6 cents of every revenue dollar as net income in .

Operating income,
9% of revenue
▼ −6% vs ($506.9M, 11%)
Net income,
6% of revenue
▼ −73% vs ($1.1B, 25%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q3 FY2019, the three months to Sep 30, 2019
Revenue
▲ +20%
vs $1.3B in Q3 FY2018
Net income
▼ −9%
vs $110.1M in Q3 FY2018
  • Oct 11, 2019 Executive Chairman John D. Johns announced his resignation His director and employee roles were also to end at that time.
  • Jun 5, 2019 Completed acquisition of Great-West’s individual life and annuity business Protective completed the transaction through reinsurance of substantially all of the sellers’ individual life insurance and annuity business.
  • Mar 8, 2019 Replaced PricewaterhouseCoopers with KPMG as independent auditor

Grew. Revenue grew 12% in 2 years, from $4.5B in to $5B in , about 6% a year.

Additional ancillary products The latest report includes other specialized ancillary products alongside extended-service, credit-life and disability, and GAP products; the older report describes the listed products without that addition.

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