Protective Life Corp (PL) 69.95 $PL
Mark L. Drew to Join Protective as General Counsel
BusinessWire - Tue Jul 26, 3:19PM CDT
Protective Life Corporation has announced that Mark L. Drew will join the Company as Executive Vice President and General Counsel of the Company in August 2016. In his role, Mark will be a member of the Company's executive leadership team and oversee the legal affairs of the Company. He will report to John D. Johns, Chairman and Chief Executive Officer.
PL: 69.95 (-0.01)
Fitch Affirms Protective Life's Commercial Servicer Ratings
BusinessWire - Tue Jun 21, 9:58AM CDT
Fitch Ratings has affirmed Protective Life Insurance Co.'s (Protective Life) commercial servicer ratings as follows:
PL: 69.95 (-0.01)
Fitch Affirms Protective Life's Ratings; Outlook Stable
BusinessWire - Thu Jun 16, 9:22AM CDT
Fitch Ratings has affirmed Protective Life Corporation's (PL) Issuer Default Rating (IDR) at 'A-' and senior debt ratings at 'BBB+'. Fitch has also affirmed the Insurer Financial Strength (IFS) ratings of PL's primary life insurance subsidiaries at 'A'. The Rating Outlook is Stable. A full ratings list follows at the end of this release.
PL: 69.95 (-0.01)
Protective Asset Protection Receives 2016 Dealers' Choice Award
BusinessWire - Thu Jun 09, 3:36PM CDT
Protective Asset Protection, an operating segment of Protective Life Corporation, has been voted the 2016 Dealers' Choice Platinum Vehicle Service Contract provider by automotive dealership personnel as part of the annual awards presented by the industry trade publication, Auto Dealer Today. The Dealers' Choice Awards recognize the automotive industry's leading product and service providers. Voting is exclusive to dealers and dealership personnel.
PL: 69.95 (-0.01)
Fitch Upgrades Two Classes of Protective Life 2007-PL
BusinessWire - Mon May 23, 4:42PM CDT
Fitch Ratings has upgraded two classes and affirmed 16 classes of Protective Finance Corporation REMIC 2007-PL commercial mortgage pass-through certificates. A full list of rating actions follows at the end of this release.
PL: 69.95 (-0.01)
ProEquities Adds Two Senior Executives to Its Leadership Team
BusinessWire - Fri May 20, 8:23AM CDT
Leading independent broker/dealer, ProEquities, Inc., a wholly owned subsidiary of Protective Life Corporation, today announced it has added Blaine Miller as Chief Supervision Officer and Steve Youhn as Chief Compliance Officer. Miller and Youhn will report to Chris Flint, President and Chief Executive Officer of ProEquities, and be responsible for leading all facets of the firm's sales supervision and compliance functions.
PL: 69.95 (-0.01)
Fitch Affirms Protective Life Corporation's Ratings; Outlook Stable
BusinessWire - Fri Apr 22, 11:12AM CDT
Fitch Ratings has affirmed Protective Life Corporation's (PL) Issuer Default Rating (IDR) at 'A-' and senior debt ratings at 'BBB+'. At the same time, Fitch has affirmed the 'A' Insurer Financial Strength (IFS) ratings of PL's primary life insurance subsidiaries. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
PL: 69.95 (-0.01)
Protective to Hold Update Meeting
BusinessWire - Tue Mar 22, 4:23PM CDT
Protective Life Corporation ("Protective" or the "Company"
, a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE:8750, "Dai-ichi Life", will host a Company Update Meeting on April 11, 2016 from 12:00 p.m. to 1:30 p.m. Eastern Time in New York City. Members of Protective's senior management team will provide an overview of 2015 financial results and current business strategy. This meeting is intended for professional investors, bankers and other company constituents.
PL: 69.95 (-0.01)
A.M. Best Affirms Ratings of Protective Life Corporation and Its Subsidiaries
BusinessWire - Tue Jan 26, 12:51PM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of the primary life insurance subsidiaries of Protective Life Corporation (Protective) (headquartered in Birmingham, AL). Additionally, A.M. Best has affirmed the ICR of "a-" and existing issue ratings of Protective. Concurrently, A.M. Best has withdrawn existing shelf ratings on Protective and its program rating on Protective Life Secured Trusts, as those structures have been terminated by Protective. All of the above ratings have a stable outlook.
PL: 69.95 (-0.01)
Protective's subsidiary acquires business blocks from Genworth for undisclosed amount
M2 - Mon Jan 18, 7:30AM CST
A wholly owned US subsidiary of The Dai-ichi Life Insurance Company Limited (TSE:8750), Protective Life Corporation's (Protective) principal subsidiary, Protective Life Insurance Company (Protective Life), disclosed on Saturday the acquisition of certain blocks of business via reinsurance, from Genworth Life and Annuity Insurance Company. Richmond, Virginia.
PL: 69.95 (-0.01)
Genworth Closes Sale Of Certain Blocks Of Term Life Insurance Policies
PR Newswire - Fri Jan 15, 3:27PM CST
Genworth Financial, Inc. (NYSE: GNW) (Genworth) announced today it has closed the previously announced sale of certain blocks of term life insurance to Protective Life Insurance Company. The transaction represents another action toward increasing Genworth's financial flexibility and strength by generating capital from low return blocks. Genworth will provide details regarding the transaction on its earnings conference call for the fourth quarter of 2015.
PL: 69.95 (-0.01), GNW: 2.75 (-0.05)
Protective Closes Acquisition of Blocks of Business from Genworth
BusinessWire - Fri Jan 15, 3:15PM CST
Protective Life Corporation ("Protective", a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE:8750) ("Dai-ichi Life", today announced that its principal subsidiary, Protective Life Insurance Company ("Protective Life", completed the acquisition via reinsurance of certain blocks of business from Genworth Life and Annuity Insurance Company ("Genworth", Richmond, Virginia.
PL: 69.95 (-0.01)
Protective Announces Management Changes -- Richard J. Bielen Named President and Chief Operating Officer
BusinessWire - Tue Jan 05, 7:01AM CST
Protective Life Corporation ("Protective", "Company" today announced that Richard J. Bielen, the Company's current Vice Chairman and Chief Financial Officer, has been named President and Chief Operating Officer of the Company.
PL: 69.95 (-0.01)
Protective Life Launches Online Financial Learning Center
BusinessWire - Tue Nov 17, 1:47PM CST
Protective Life Insurance Company, a subsidiary of Protective Life Corporation, today announced it has developed a new online portal for financial education. The "Protective Life Learning Center" combines simple interactive tools with more than 500 informative articles and videos. Topics range from basic budget planning to understanding different types of life insurance and annuities.
PL: 69.95 (-0.01)
A.M. Best Assigns Issuer Credit Rating to Protective Life Global Funding
BusinessWire - Mon Oct 19, 11:02AM CDT
A.M. Best has assigned an issuer credit rating of "aa-" to Protective Life Global Funding. The outlook assigned is stable. All other ratings of Protective Life Corporation (Protective) (headquartered in Birmingham, AL), a subsidiary of The Dai-ichi Life Insurance Company, Limited (DL) (Tokyo, Japan), and its subsidiaries remain unchanged.
PL: 69.95 (-0.01)
Genworth Enters Into Agreement To Sell Certain Blocks Of Term Life Insurance Policies
PR Newswire - Wed Sep 30, 5:00PM CDT
Genworth Financial, Inc. (NYSE: GNW) (the company or Genworth) announced today that Genworth Life and Annuity Insurance Company, a wholly-owned indirect subsidiary of the company, has entered into an agreement to sell, via reinsurance, certain blocks of term life insurance to Protective Life Insurance Company. The majority of the term life insurance blocks included in this transaction are currently reinsured to River Lake Insurance Company and River Lake Insurance Company II, which previously had not been consolidated in the statutory financial statements of the U.S. life insurance companies. Genworth will continue to administer and service the policies, which represent approximately $108.7 billion of term life insurance in force backed by approximately $2.3 billion of statutory reserves as of June 30, 2015.
PL: 69.95 (-0.01), GNW: 2.75 (-0.05)
Protective to Acquire Blocks of Business from Genworth
BusinessWire - Wed Sep 30, 5:00PM CDT
Protective Life Corporation ("Protective", a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE: 8750, "Dai-ichi Life", has reached an agreement through its wholly owned subsidiary, Protective Life Insurance Company, with Genworth Life and Annuity Insurance Company ("Genworth", Richmond, Virginia, to acquire via reinsurance certain in force blocks of term life insurance from Genworth.
PL: 69.95 (-0.01)
ProEquities Names Flint as President and CEO, Focus Will Be Long-Term Growth
BusinessWire - Tue Jul 07, 4:17PM CDT
ProEquities, Inc., a subsidiary of Protective Life Corporation, today announced Christopher W. Flint will join Protective Life as the president and CEO of ProEquities to focus on long-term growth strategies for ProEquities and its financial advisors.
PL: 69.95 (-0.01)
Mark L. Drew to Join Protective as General Counsel
BusinessWire - Tue Jul 26, 3:19PM CDT
Protective Life Corporation has announced that Mark L. Drew will join the Company as Executive Vice President and General Counsel of the Company in August 2016. In his role, Mark will be a member of the Company's executive leadership team and oversee the legal affairs of the Company. He will report to John D. Johns, Chairman and Chief Executive Officer.
PL: 69.95 (-0.01)
Fitch Affirms Protective Life's Commercial Servicer Ratings
BusinessWire - Tue Jun 21, 9:58AM CDT
Fitch Ratings has affirmed Protective Life Insurance Co.'s (Protective Life) commercial servicer ratings as follows:
PL: 69.95 (-0.01)
Fitch Affirms Protective Life's Ratings; Outlook Stable
BusinessWire - Thu Jun 16, 9:22AM CDT
Fitch Ratings has affirmed Protective Life Corporation's (PL) Issuer Default Rating (IDR) at 'A-' and senior debt ratings at 'BBB+'. Fitch has also affirmed the Insurer Financial Strength (IFS) ratings of PL's primary life insurance subsidiaries at 'A'. The Rating Outlook is Stable. A full ratings list follows at the end of this release.
PL: 69.95 (-0.01)
Protective Asset Protection Receives 2016 Dealers' Choice Award
BusinessWire - Thu Jun 09, 3:36PM CDT
Protective Asset Protection, an operating segment of Protective Life Corporation, has been voted the 2016 Dealers' Choice Platinum Vehicle Service Contract provider by automotive dealership personnel as part of the annual awards presented by the industry trade publication, Auto Dealer Today. The Dealers' Choice Awards recognize the automotive industry's leading product and service providers. Voting is exclusive to dealers and dealership personnel.
PL: 69.95 (-0.01)
Fitch Upgrades Two Classes of Protective Life 2007-PL
BusinessWire - Mon May 23, 4:42PM CDT
Fitch Ratings has upgraded two classes and affirmed 16 classes of Protective Finance Corporation REMIC 2007-PL commercial mortgage pass-through certificates. A full list of rating actions follows at the end of this release.
PL: 69.95 (-0.01)
ProEquities Adds Two Senior Executives to Its Leadership Team
BusinessWire - Fri May 20, 8:23AM CDT
Leading independent broker/dealer, ProEquities, Inc., a wholly owned subsidiary of Protective Life Corporation, today announced it has added Blaine Miller as Chief Supervision Officer and Steve Youhn as Chief Compliance Officer. Miller and Youhn will report to Chris Flint, President and Chief Executive Officer of ProEquities, and be responsible for leading all facets of the firm's sales supervision and compliance functions.
PL: 69.95 (-0.01)
Fitch Affirms Protective Life Corporation's Ratings; Outlook Stable
BusinessWire - Fri Apr 22, 11:12AM CDT
Fitch Ratings has affirmed Protective Life Corporation's (PL) Issuer Default Rating (IDR) at 'A-' and senior debt ratings at 'BBB+'. At the same time, Fitch has affirmed the 'A' Insurer Financial Strength (IFS) ratings of PL's primary life insurance subsidiaries. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
PL: 69.95 (-0.01)
Protective to Hold Update Meeting
BusinessWire - Tue Mar 22, 4:23PM CDT
Protective Life Corporation ("Protective" or the "Company"
, a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE:8750, "Dai-ichi Life", will host a Company Update Meeting on April 11, 2016 from 12:00 p.m. to 1:30 p.m. Eastern Time in New York City. Members of Protective's senior management team will provide an overview of 2015 financial results and current business strategy. This meeting is intended for professional investors, bankers and other company constituents. PL: 69.95 (-0.01)
A.M. Best Affirms Ratings of Protective Life Corporation and Its Subsidiaries
BusinessWire - Tue Jan 26, 12:51PM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of the primary life insurance subsidiaries of Protective Life Corporation (Protective) (headquartered in Birmingham, AL). Additionally, A.M. Best has affirmed the ICR of "a-" and existing issue ratings of Protective. Concurrently, A.M. Best has withdrawn existing shelf ratings on Protective and its program rating on Protective Life Secured Trusts, as those structures have been terminated by Protective. All of the above ratings have a stable outlook.
PL: 69.95 (-0.01)
Protective's subsidiary acquires business blocks from Genworth for undisclosed amount
M2 - Mon Jan 18, 7:30AM CST
A wholly owned US subsidiary of The Dai-ichi Life Insurance Company Limited (TSE:8750), Protective Life Corporation's (Protective) principal subsidiary, Protective Life Insurance Company (Protective Life), disclosed on Saturday the acquisition of certain blocks of business via reinsurance, from Genworth Life and Annuity Insurance Company. Richmond, Virginia.
PL: 69.95 (-0.01)
Genworth Closes Sale Of Certain Blocks Of Term Life Insurance Policies
PR Newswire - Fri Jan 15, 3:27PM CST
Genworth Financial, Inc. (NYSE: GNW) (Genworth) announced today it has closed the previously announced sale of certain blocks of term life insurance to Protective Life Insurance Company. The transaction represents another action toward increasing Genworth's financial flexibility and strength by generating capital from low return blocks. Genworth will provide details regarding the transaction on its earnings conference call for the fourth quarter of 2015.
PL: 69.95 (-0.01), GNW: 2.75 (-0.05)
Protective Closes Acquisition of Blocks of Business from Genworth
BusinessWire - Fri Jan 15, 3:15PM CST
Protective Life Corporation ("Protective"
, a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE:8750) ("Dai-ichi Life", today announced that its principal subsidiary, Protective Life Insurance Company ("Protective Life", completed the acquisition via reinsurance of certain blocks of business from Genworth Life and Annuity Insurance Company ("Genworth", Richmond, Virginia. PL: 69.95 (-0.01)
Protective Announces Management Changes -- Richard J. Bielen Named President and Chief Operating Officer
BusinessWire - Tue Jan 05, 7:01AM CST
Protective Life Corporation ("Protective", "Company"
today announced that Richard J. Bielen, the Company's current Vice Chairman and Chief Financial Officer, has been named President and Chief Operating Officer of the Company. PL: 69.95 (-0.01)
Protective Life Launches Online Financial Learning Center
BusinessWire - Tue Nov 17, 1:47PM CST
Protective Life Insurance Company, a subsidiary of Protective Life Corporation, today announced it has developed a new online portal for financial education. The "Protective Life Learning Center" combines simple interactive tools with more than 500 informative articles and videos. Topics range from basic budget planning to understanding different types of life insurance and annuities.
PL: 69.95 (-0.01)
A.M. Best Assigns Issuer Credit Rating to Protective Life Global Funding
BusinessWire - Mon Oct 19, 11:02AM CDT
A.M. Best has assigned an issuer credit rating of "aa-" to Protective Life Global Funding. The outlook assigned is stable. All other ratings of Protective Life Corporation (Protective) (headquartered in Birmingham, AL), a subsidiary of The Dai-ichi Life Insurance Company, Limited (DL) (Tokyo, Japan), and its subsidiaries remain unchanged.
PL: 69.95 (-0.01)
Genworth Enters Into Agreement To Sell Certain Blocks Of Term Life Insurance Policies
PR Newswire - Wed Sep 30, 5:00PM CDT
Genworth Financial, Inc. (NYSE: GNW) (the company or Genworth) announced today that Genworth Life and Annuity Insurance Company, a wholly-owned indirect subsidiary of the company, has entered into an agreement to sell, via reinsurance, certain blocks of term life insurance to Protective Life Insurance Company. The majority of the term life insurance blocks included in this transaction are currently reinsured to River Lake Insurance Company and River Lake Insurance Company II, which previously had not been consolidated in the statutory financial statements of the U.S. life insurance companies. Genworth will continue to administer and service the policies, which represent approximately $108.7 billion of term life insurance in force backed by approximately $2.3 billion of statutory reserves as of June 30, 2015.
PL: 69.95 (-0.01), GNW: 2.75 (-0.05)
Protective to Acquire Blocks of Business from Genworth
BusinessWire - Wed Sep 30, 5:00PM CDT
Protective Life Corporation ("Protective"
, a wholly owned U.S. subsidiary of The Dai-ichi Life Insurance Company, Limited (TSE: 8750, "Dai-ichi Life", has reached an agreement through its wholly owned subsidiary, Protective Life Insurance Company, with Genworth Life and Annuity Insurance Company ("Genworth", Richmond, Virginia, to acquire via reinsurance certain in force blocks of term life insurance from Genworth. PL: 69.95 (-0.01)
ProEquities Names Flint as President and CEO, Focus Will Be Long-Term Growth
BusinessWire - Tue Jul 07, 4:17PM CDT
ProEquities, Inc., a subsidiary of Protective Life Corporation, today announced Christopher W. Flint will join Protective Life as the president and CEO of ProEquities to focus on long-term growth strategies for ProEquities and its financial advisors.
PL: 69.95 (-0.01)
