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Protective Life Corp. (PL)

At 16:02 EST: 16.92 USD  Up 0.33 (1.99%)  
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Protective Life Corp.
2801 Highway 280 South
Birmingham, AL 35223
Phone: 205-268-1000
Fax: 205-868-3541
Web Site: http://www.protective.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Financial
Industry: Life Insurance
Employees (last reported count): 2,372

BUSINESS SUMMARY
Protective Life Corporation, through its subsidiaries, engages in the production, distribution, and administration of insurance and investment products in the United States. It operates in five segments: Life Marketing, Acquisitions, Annuities, Stable Value Products, and Asset Protection. The Life Marketing segment markets level premium term insurance, universal life, variable universal life, and bank owned life insurance products through various distribution channels, as well as through a network of independent personal producing general agents. The Acquisitions segment focuses on acquiring, converting, and servicing insurance policies sold to individuals, which are acquired from other companies. The Annuities segment manufactures, sells, and supports fixed and variable annuity products that are sold through broker-dealers, financial institutions, and independent agents and brokers. The Stable Value Products segment sells guaranteed funding agreements to special purpose entities, as well as markets fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, institutional investors, bank trust departments, and money market funds. This segment also markets guaranteed investment contracts and other qualified retirement savings plans. The Asset Protection segment primarily markets extended service contracts and credit life and disability insurance to protect consumersÂ’ investments in automobiles, watercraft, and recreational vehicles; and markets a guaranteed asset protection product and an inventory protection product. The company was founded in 1907 and is headquartered in Birmingham, Alabama.
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    OFFICERS
      Pay Exercised
    Mr. John D. Johns , 58
    Chairman, Chief Exec. Officer, Pres, Head of Life Insurance Operations and Chairman of Fin. & Investments Committee
    $ 845.00K $ 0
    Mr. Richard Joseph Bielen , 49
    Chief Financial Officer
    $ 437.00K $ 0
    Ms. Carolyn M. Johnson , 49
    Chief Operations Officer, Chief Technology Officer and Exec. VP
    $ 546.00K $ 0
    Ms. Deborah J. Long Esq., 56
    Exec. VP, Sec. and Gen. Counsel
    $ 438.00K $ 0
    Mr. Carl S. Thigpen , 53
    Chief Investment Officer and Exec. VP
    $ 461.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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