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News Releases - Financial

  • 12/3/13 10:30 am EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE:PL) (“Protective”) announces the webcast of its 2013 Annual Investor Conference. The meeting will be held on December 5, 2013 in New York City and will begin at 9:00 a.m. Eastern. Those interested in listening to the live webcast of the conference may access it, along with the presentation materials, in the Investor Relations section of the Company's website at www.protective.com. Listeners should logmore...
  • 10/30/13 4:17 pm EDT
    • 29% growth in operating earnings per share over 3Q12
    • 58% growth in net income per share over 3Q12
    • Record Annuities segment earnings
    • On track to achieve the Company’s 2013 financial plan
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--(October 30, 2013) – Protective Life Corporation (NYSE: PL) (“PLC” or “the Company”) today reported results for the third quarter of 2013. Net income available to PLC’s common shareowners for the third quarter of 2013 was $93.1 million or $1.15 per average diluted share, compared to $60.5 million or $0.73 per average diluted share in the third quarter of 2012. After-tax operating income was $79.5 million or $0.98 per average diluted share,more...
  • 10/30/13 3:03 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Protective Life Corporation (NYSE: PL) (“Protective”) declared a quarterly dividend of $0.20 per share. The Corporation’s Board of Directors declared the quarterly dividend to be paid December 2, 2013 to share owners of record at the close of business on November 14, 2013. ABOUT PROTECTIVE LIFE CORPORATION Protective Life Corporation provides financial services through the production,more...
  • 10/1/13 4:30 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that on October 1, 2013 its principal subsidiary, Protective Life Insurance Company (“Protective Life”), completed the acquisition of MONY Life Insurance Company (“MONY”) and has reinsured certain policies of MONY Life Insurance Company of America (“MLOA”). The transaction was originally announced on April 10, 2013. The total transaction price was $1.06 billion. Themore...
  • 9/30/13 11:50 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) will announce third quarter 2013 results on Wednesday, October 30, 2013. The company will hold a conference call for management to discuss third quarter results on Thursday, October 31, 2013 at 9:00 a.m. Eastern. Those interested in listening to the live webcast of the conference call may access it through Protective’s website. Listeners should log on to www.protective.commore...
  • 9/13/13 8:50 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that it has received the insurance regulatory approvals required in order for Protective Life Insurance Company to move forward under its agreement with certain subsidiaries of AXA SA (NYSE Euronext Paris:CS) (“AXA”) to acquire MONY Life Insurance Company (“MONY”) and reinsure certain policies of MONY Life Insurance Company of America (“MLOA”). The transaction was previouslymore...
  • 8/29/13 3:15 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) will participate in the upcoming Scotiabank Financials Summit in Toronto, ON, on Thursday, September 5, 2013. Richard J. Bielen, Protective’s Vice Chairman and Chief Financial Officer, will provide a Company overview beginning at 11:40 a.m. Eastern time that day. A live webcast of the presentation will be available on the Company website at www.protective.com in the Investormore...
  • 7/31/13 4:31 pm EDT
    • 13% growth in operating earnings per share over 2Q12
    • 40% growth in net income per share over 2Q12
    • Strong sales in all retail segments
    • On track to achieve the Company’s 2013 financial plan
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“PLC” or “the Company”) today reported results for the second quarter of 2013. Net income available to PLC’s common shareowners for the second quarter of 2013 was $103.2 million or $1.27 per average diluted share, compared to $76.2 million or $0.91 per average diluted share in the second quarter of 2012. After-tax operating income was $77.7 million or $0.96 per average diluted share, compared to $70.9more...
  • 7/31/13 3:46 pm EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Protective Life Corporation (NYSE: PL) (“Protective”) declared a quarterly dividend of $0.20 per share. The Corporation’s Board of Directors declared the quarterly dividend to be paid September 3, 2013 to share owners of record at the close of business on August 14, 2013. ABOUT PROTECTIVE LIFE CORPORATION Protective Life Corporation provides financial services through the production,more...
  • 7/12/13 8:00 am EDT
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that Carolyn M. Johnson has resigned her position as Executive Vice President and Chief Operating Officer to pursue other opportunities. “Carolyn has been the architect of many positive changes in our company and operations. We appreciate her service and contributions to the Company and wish her well in the future,” said John D. Johns, Protective’s Chairman, Presidentmore...

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