Protective Life Corporation (NYSE:PL) (“Protective”) today clarified that recent media reports regarding a potential transaction with a Japanese insurer are not based on information released by Protective. It is Protective’s policy not to comment on speculative media reports.
ABOUT PROTECTIVE LIFE CORPORATION
Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the U.S. It has annual revenues of approximately $4.0 billion and as of December 31, 2013 had assets of approximately $68.8 billion.