The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 06-30-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PROTECTIVE LIFE CORP
Address: Po Box 2606
Birmingham , AL35202
Form 13F File Number: 028-18945

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Philip E. Passafiume
Title: Executive Vice President and Chief Investment Officer
Phone: 205-268-6899
Signature, Place, and Date of Signing:
/s/ PHILIP E. PASSAFIUME BIRMINGHAM , AL 08-12-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 19
Form 13F Information Table Value Total: 131,722
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
028-06348 Dai-ichi Life Holdings, Inc.

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name
1 028-06348 Dai-ichi Life Holdings, Inc.
SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
DIAMOND OFFSHORE DRILLING IN COM 25271C201 4,128 700,863 SH SOLE 700,863 0 0
Invesco Taxable Municipal Bond INVESCO 46138G805 4,435 160,000 SH SOLE 160,000 0 0
iShares Core U.S. Aggregate Bo CORE US AGGBD ET 464287226 21,799 214,390 SH SOLE 214,390 0 0
iShares iBoxx $ Investment Gra IBOXX INV CP ETF 464287242 17,363 157,805 SH SOLE 157,805 0 0
iShares 7-10 Year Treasury Bon BARCLAYS 7 10 YR 464287440 2,458 24,025 SH SOLE 24,025 0 0
iShares iBoxx High Yield Corpo IBOXX HI YD ETF 464288513 10,812 146,879 SH SOLE 146,879 0 0
iShares MBS ETF MBS ETF 464288588 15,990 164,021 SH SOLE 164,021 0 0
iShares 10 Year Investment Gr JP MRG EM CRP BD 464289511 4,531 85,000 SH SOLE 85,000 0 0
iShares Floating Rate Bond ETF FLTG RATE NT ETF 46429B655 2,446 49,000 SH SOLE 49,000 0 0
Nuveen Preferred & Income Oppo COM 67073B106 3,366 440,000 SH SOLE 440,000 0 0
SPDR ICE Preferred Securities WELLS FG PFD ETF 78464A292 26,224 731,500 SH SOLE 731,500 0 0
SPDR Portfolio Aggregate Bond SPDR 78464A649 3,953 150,000 SH SOLE 150,000 0 0
SUMMIT MIDSTREAM PARTNERS LP BLOMBERG BRC INV 78468R200 491 16,300 SH SOLE 16,300 0 0
SPDR Bloomberg Short Term High BLOOMBERG SRT TR 78468R408 446 18,500 SH SOLE 18,500 0 0
SPDR Bloomberg High Yield Bond BLOOMBERG BRCLYS 78468R622 1,098 12,100 SH SOLE 12,100 0 0
Summit Midstream Partners LP COM UNIT LTD 866142409 157 12,350 SH SOLE 12,350 0 0
VanEck Fallen Angel High Yield FALLEN ANGEL HG 92189F437 432 16,000 SH SOLE 16,000 0 0
Vanguard Long-Term Bond ETF VANGUARD ADMIRAL FDS INC 921937793 3,906 49,000 SH SOLE 49,000 0 0
Vanguard Intermediate-Term Cor INT-TERM CORP 92206C870 7,687 96,064 SH SOLE 96,064 0 0