PROTECTIVE LIFE CORP - FORM 8-K - EX-99.1 - March 15, 2011

united investors life insurance

PROTECTIVE LIFE CORP - FORM 8-K - EX-99.1 - March 15, 2011

UNITED INVESTORS LIFE INSURANCE COMPANY

NOTES TO UNAUDITED INTERIM FINANCIAL STATEMENTS

(UNAUDITED)

(Dollar amounts in thousands except per share data)

Note A;Background and Accounting Policies

Prior to December 31, 2010, United Investors was a wholly-owned subsidiary of Liberty National Life Insurance Company (Liberty), which in turn is a wholly-owned subsidiary of Torchmark Corporation (Torchmark). On December 31, 2010 one hundred percent of United Investors outstanding common stock was sold to Protective Life Insurance Company, a wholly owned subsidiary of Protective Life Corporation.

During the fourth quarter of 2010, certain annuity business previously assumed from an affiliate was recaptured and certain life and annuity business was ceded by the Company to ... http://insure.ucoz.com/news/united_investors_life_insurance/2013-06-01-2917