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Protective Life
Corporation PL Protective Life Corporation is a holding company whose
subsidiaries provide financial services through the production, distribution,
and administration of insurance and investment products. Protective Life
Corporation operates in five units: Life Marketing, Acquisitions, Annuities,
Stable Value Products and Asset Protection. December 2005, the company had
insurance in force of $724.1 billion, of which approximately $576.8 billion was
ceded to reinsurers. In July, 2006, the company's chief subsidiary,
Protective Life Insurance Company, acquired five life insurance companies
that manufacture and distribute traditional life insurance and annuities
(Chase Insurance Group), and four related non-insurance companies from JPMorgan Chase & Co. In July 2006, the company's
subsidiary, Lyndon Insurance Group, Inc., acquired the vehicle extended
service contract business of Western General. In February 2007, the company
sold Matrix Direct, Inc. to American General Life Insurance Company. Stock Quotes and Other InformationSearch
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