On the Record · Protective Life
Protective Life acquisitions, on the record
The businesses Protective Life bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
USWC Holding Company ("US Warranty") and its affiliated operating subsidiariesWord for word“On December 1, 2016, the Company, through its primary operating subsidiary, PLICO, acquired US Warranty and its affiliated operating subsidiaries via a stock purchase agreement.” 10-K for 2016 | acquisition | On December 1, 2016 | — |
MONY Life Insurance Company ("MONY") from AXA Financial, Inc.Word for word“On October 1, 2013, the Company completed the acquisition of MONY Life Insurance Company ("MONY") from AXA Financial, Inc.” 10-K for 2016 | acquisition | On October 1, 2013 | — |
Genworth Life and Annuity Insurance Company ("GLAIC") reinsurance transaction (coinsurance of certain term life insurance business)Word for word“On January 15, 2016, PLICO completed a reinsurance transaction with Genworth Life and Annuity Insurance Company (“GLAIC”).” 10-K for 2016 | agreed acquisition | On January 15, 2016 | — |
Liberty Life Assurance Company of Boston (Life Business of Liberty Mutual, acquired by Lincoln Life)Word for word“On January 18, 2018, and for the limited purposes set forth therein, the Company entered into a Master Transaction Agreement (the "Master Transaction Agreement") with Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company, for the limited purposes set forth therein, Liberty Mutual Group Inc. ("Liberty Mutual"), The Lincoln National Life Insurance Company ("Lincoln Life"), and for the limited purposes set forth therein, Lincoln National Corporation, pursuant to which Lincoln Life will acquire Liberty Mutual's Group Benefits Business and Individual Life and Annuity Business (the "Life Business") through the acquisition of all of the issued and outstanding capital stock of Liberty Life Assurance Company of Boston ("Liberty") (the "Transaction").” 10-K for 2017 | agreed divestiture | On January 18, 2018 | — |
USWC Holding CompanyWord for word“On occasion, the Company's other operating segments have acquired companies and/or blocks of policies, such as the December 2016 acquisition of USWC Holding Company which is included in the Asset Protection segment.” 10-K for 2017 | acquisition | December 2016 | — |
MONY Life Insurance CompanyWord for word“On October 1, 2013, the Company completed the acquisition of MONY Life Insurance Company ("MONY") from AXA Financial, Inc.” 10-K for 2017 | acquisition | On October 1, 2013 | — |
Liberty Mutual Group Inc.'s Group Benefits Business and Individual Life and Annuity Business (the Life Business), reinsured by PLICO and PLAICWord for word“On May 1, 2018, The Lincoln National Life Insurance Company (“Lincoln Life”) completed the acquisition (the “Closing”) of Liberty Mutual Group Inc.’s (“Liberty Mutual”) Group Benefits Business and Individual Life and Annuity Business (the “Life Business”) through the acquisition of all of the issued and outstanding capital stock of Liberty Life Assurance Company of Boston (“Liberty”).” 10-K for 2018 | acquisition | May 1, 2018 | — |
Individual life insurance and annuity business of Great-West Life & Annuity Insurance Company and affiliated SellersWord for word“On January 23, 2019, PLICO entered into a Master Transaction Agreement (the “GWL&A Master Transaction Agreement”) with Great-West Life & Annuity Insurance Company (“GWL&A”), Great-West Life & Annuity Insurance Company of New York (“GWL&A of NY”), The Canada Life Assurance Company (“CLAC”) and The Great-West Life Assurance Company (“GWL” and, together with GWL&A, GWL&A of NY and CLAC, the “Sellers”), pursuant to which PLICO will acquire via reinsurance (the “Transaction”) substantially all of the Sellers’ individual life insurance and annuity business (the “Individual Life Business”).” 10-K for 2018 | agreed acquisition | January 23, 2019 | — |
Deal filings since 2016
- 2019-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Protective Life’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-03-05. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.