UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 30, 1999
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: PACIFIC LIFE INSURANCE COMPANY
Address: 700 Newport Center Drive
Newport Beach, CA 92660
13F File Number: 28-351
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: Yves Pinkowitz
Title: VP, Securities Administration
Phone: 949-219-5093
Signature, Place, and Date of Signing
Report Type (Check only one.):
[X] 13F Holdings Report.
[ ] 13F Notice.
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manager:
None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total:99
Form 13F Information Table Value Total: $304,917
List of Other Included Managers:
None
<PAGE>
PACIFIC LIFE INSURANCE COMPANY - SEC REPORT 13-F
Per SEC 13F
AS OF : 09/30/1999
<TABLE>
NAME OF ISSUER CLASS CUSIP FAIR MKT SHARES OR SH/ INVEST VOTING
VALUE PRINCIPAL PRN DISCRETION AUTHORITY
$(000) AMOUNT
<S> <C> <C> <C> <S> <C>
BOYD GAMING CORP COM 103304101 300 50000 SH SOLE 50000
CMS ENERGY CONV ACTS PFD $41.50 PAR PFD 125896308 731.25 20000 SH SOLE 0
CANADIAN NATL RAILWAY CONV PFD $50PAR PFD 136375409 516.88 10000 SH SOLE 0
CARRIER ACCESS CORPORATION COM 144460102 494.31 37819 SH SOLE 37819
CHEVRON CORP COM 166751107 960.01 10817 SH SOLE 10817
CITIZENS UTILITIES CO CONV PFD$50 PAR PFD 177351202 278.6 5600 SH SOLE 0
CORNERSTONE PROPANE PARTNERS LP COM 218916104 35634.45 2244690 SH SOLE 2244690
EL PASO ENER CAP TRUST CONV PFD $50 PAR PFD 283678209 1047.5 20000 SH SOLE 0
FLEXI INTERNATIONAL SOFTWARE INC COM 338923105 14.29 25396 SH SOLE 25396
GENEVA STEEL WTS 144A COM 372252122 0.02 169800 SH SOLE 169800
HOLLINGER INTL INC COM 435569108 273.13 23000 SH SOLE 23000
KMART FINANCING CONV PFD $50 PAR PFD 498778208 476.25 10000 SH SOLE 0
LEAR CORP COM 521865105 638.65 18150 SH SOLE 18150
NATL AUSTRALIA BANK LTD CONV PFD $25PAR PFD 632525309 1642.5 60000 SH SOLE 0
OWENS ILLINOIS INC CONV PFD $50PAR PFD 690768502 1310 40000 SH SOLE 0
ST PAUL CAPITAL CONV PFD MIPS $ 50 PAR PFD 792856205 546.88 10000 SH SOLE 0
SEAGRAM CO LTD CONV PFD $50PAR PFD 811850205 928.75 20000 SH SOLE 0
SOVEREIGN BANCORP INC COM 845905108 493.9 54312 SH SOLE 54312
SPRINT CONV PFD $31.88 PAR PFD 852061407 1550 20000 SH SOLE 0
STATION CASINOS INC COM 857689103 372 16000 SH SOLE 16000
TESORO PETROLEUM CORP CONV PFD $15PAR PFD 881609408 1255 80000 SH SOLE 0
WENDYS FIN I SER A CONV PFD $50PAR PFD 950588202 565 10000 SH SOLE 0
AES CORP CONV JR SUB NT DEB 00130HAN5 1275 1000000 PRN SOLE 0
AMFM INC COM 001693100 1215 20000 SH SOLE 20000
AMFM INC CONV PFD $50PAR PFD 001693209 1622.5 10000 SH SOLE 0
AMERICAN TELEPHONE & TEL COM 001957109 202.49 4655 SH SOLE 4655
AT&T CORP - LIBERTY MEDIA COM 001957208 1189 31866 SH SOLE 31866
ADAPTEC INC CONV SUB NT 144A DEB 00651FAA6 475.63 500000 PRN SOLE 0
ADAPTEC INC CONV SUB NT DEB 00651FAC2 713.44 750000 PRN SOLE 0
ADELPHIA COMM SERIES D CONV PFD $200 PAR PFD 006848402 883.75 5000 SH SOLE 0
ALLIED CAPITAL CORP COM 01903Q108 943.14 42034 SH SOLE 42034
ALPHARMA INC CONV SR SUB NT 144A DEB 020813AC5 593.13 500000 PRN SOLE 0
ALZA CORP CONV SUB DEB DEB 022615AD0 2400 2000000 PRN SOLE 0
AMERICAN CAPITAL STRATEGIES LTD COM 024937104 925 50000 SH SOLE 50000
AMERICAN GEN CONV PFD MIPS $50 PAR PFD 02637G200 2440 30500 SH SOLE 0
APACHE CORPORATION CONV PFD $31PAR PFD 037411600 1200 30000 SH SOLE 0
AT HOME CONV SUB NT PUT 12/28/03 144A DEB 045919AA5 653.75 1000000 PRN SOLE 0
AT HOME CORP CONV SUB DEB PT12/28/03 DEB 045919AC1 1307.5 2000000 PRN SOLE 0
AUTOMATIC DATA PROCESSING CONVPT 2/20/02 DEB 053015AC7 2302.5 2000000 PRN SOLE 0
AVIRON CONV SUB NT DEB 053762AC4 442.5 500000 PRN SOLE 0
CKE RESTAURANTS INC CONV SUB NT DEB 12561EAB1 1942.5 3000000 PRN SOLE 0
CNF TRUST I SER A CONV PFD $50 PAR PFD 12612V205 1612.5 30000 SH SOLE 0
CAPSTAR HOTEL CORP CONV SUB NT DEB 140918AC7 2611.88 3500000 PRN SOLE 0
CENTOCOR INC CONV SUB NT DEB 152342AE1 1316.25 1000000 PRN SOLE 0
CHIQUITA BRANDS CONV SUB DEB DEB 170032AH9 1224 1360000 PRN SOLE 0
CITRIX SYS INC CONV DEB PT 3/22/04 144A DEB 177376AA8 945 2000000 PRN SOLE 0
CONEXANT SYSTEMS INC CONV SUB NT 144A DEB 207142AA8 861.25 500000 PRN SOLE 0
COSTCO COS INC CONV SUB NT PT 8/19/02 DEB 22160QAC6 16387.5 19000000 PRN SOLE 0
CYMER INC CONV SUB DEB STEP UP 144A DEB 232572AA5 1458.75 1500000 PRN SOLE 0
DIAMOND OFFSHORE DRILL CONV SUB NT DEB 25271CAA0 2621.88 2500000 PRN SOLE 0
DOUBLECLICK INC CONV SUB NT 144A DEB 258609AA4 782.5 500000 PRN SOLE 0
HEALTHSOUTH CORP CONV SUB DEB DEB 421924AF8 386.88 500000 PRN SOLE 0
HILTON HOTELS CORP CONV SUB NT DEB 432848AL3 2003.13 2500000 PRN SOLE 0
HOME DEPOT INC CONV SUB NT DEB 437076AE2 41667.5 14000000 PRN SOLE 0
HUANENG POWER INTL PLC CONV PT 5/21/02 DEB 443304AA8 12496.25 13000000 PRN SOLE 0
INTERIM SERVICES INC CONV SUB NT DEB 45868PAA8 2571.56 3250000 PRN SOLE 0
INTERPUBLIC GROUP COS CONV SUB DEB 460690AF7 1163.75 1000000 PRN SOLE 0
INTERPUBLIC GROUP CO INC CONV SUB NT144A DEB 460690AG5 2300 2500000 PRN SOLE 0
MCN ENERGY GROUP INC COM 55267J100 226.88 13200 SH SOLE 13200
MAGNA INTL INC CONV SUB DEB 144A DEB 559222AF1 451.25 500000 PRN SOLE 0
MAGNA INTL INC CONV SUB DEB DEB 559222AG9 1805 2000000 PRN SOLE 0
MASCOTECH INC CONV SUB DEB DEB 574670AB1 5644.1 7000000 PRN SOLE 0
MEDITRUST CONV DEB REIT DEB 58501TAC2 2590 2800000 PRN SOLE 0
MICRO THERAPEUTICS INC COM 59500W100 220.39 19164 SH SOLE 19164
MINDSPRING ENTERPRISES CONV SUB NT DEB 602683AA2 923.75 1000000 PRN SOLE 0
NETWORK ASSOC INC CNV SUB PT2/13/03 144A DEB 640938AA4 837.5 2500000 PRN SOLE 0
NETWORK ASSOC INC CONV SUB DEB PT2/13/03 DEB 640938AB2 1020 3000000 PRN SOLE 0
OMNICOM GRP CONV SUB DEB PT01/03/03 DEB 681919AC0 2527.5 1000000 PRN SOLE 0
P G & E CORPORATION COM 69331C108 203.9 7880 SH SOLE 7880
PEP BYS MANNY MOE&JACK SUB CNV PT9/20/01 DEB 713278AJ8 9690.75 17700000 PRN SOLE 0
POTOMAC ELECTRIC POWER CO CONV DEB DEB 737679BT6 8439 8700000 PRN SOLE 0
PREMIER FARNELL CONV PFD $1.35$25 PAR PFD 74050U206 387.5 20000 SH SOLE 0
PRIDE INTL CONV SUB ZERO CPN PT4/24/03 DEB 741932AB3 332.5 1000000 PRN SOLE 0
PRISON REALTY CORP COM 74264N105 47026 5023346 SH SOLE 5023346
PSINET INC SERIES C CONV PFD $50 PAR PFD 74437C309 1610 40000 SH SOLE 0
ROGERS COMM INC CONV DEB 775109AE1 1587.6 2000000 PRN SOLE 0
SBC COMMUNICATIONS INC CONV PFD(TELEMEX) PFD 78387G202 1255 20000 SH SOLE 0
SAFEGUARD SCIENTIFICS CONV SUB NT 144A DEB 786449AD0 1106.25 1000000 PRN SOLE 0
SEACOR HOLDINGS INC CONV BD SUB NT DEB 811904AE1 480.63 500000 PRN SOLE 0
SEALED AIR CORP CONV PFD SER A $50 PAR PFD 81211K209 1776.25 35000 SH SOLE 0
SEPRACOR INC CONV NT 144A DEB 817315AF1 905 1000000 PRN SOLE 0
TELEFONOS DE MEXICO S A CONV DEB 879403AD5 1895 2000000 PRN SOLE 0
THERMO ELECTRON CORP SR SUB CONV 144A DEB 883556AF9 2610 3000000 PRN SOLE 0
THERMO INSTRUMENT SYS CONV SR DEB 144A DEB 883559AC0 3460 4000000 PRN SOLE 0
THERMO INSTRUMENT SYSTEMS CONV DEB 883559AE6 1186.88 1500000 PRN SOLE 0
THERMO FIBERTEK INC SUB CONV BD 144A DEB 88355WAA3 1627.5 2000000 PRN SOLE 0
THERMOLASE CORP CONV SUB DEB 144A DEB 883624AA6 10080 12000000 PRN SOLE 0
THERMOQUEST CORPORATION CONV 144A DEB 883655AA0 2415.63 2500000 PRN SOLE 0
THERMOTREX CORP CONV SUB DEB DEB 883666AA7 2795.2 4000000 PRN SOLE 0
TOTAL RENAL CARE HLDGS CONV SUB NT 144A DEB 89151AAA5 1961.25 3000000 PRN SOLE 0
TOWER AUTOMOTIVE INC CONV SUB NT DEB 891707AE1 466.25 500000 PRN SOLE 0
VALERO ENERGY CORP-NEW COM 91913Y100 273.83 14225 SH SOLE 14225
VODAFONE AIRTOUCH PLC COM 92857T107 1901.52 7998 SH SOLE 7998
WMX TECHNOLOGIES CONV PUT 3/15/00 DEB 92929QAF4 817.5 1000000 PRN SOLE 0
WASTE MANAGEMENT INC COM 94106L109 318.36 16538 SH SOLE 16538
WASTE MGMT INC CONV SUB NT DEB 94106LAA7 890 1000000 PRN SOLE 0
WIND RIVER SYSTEMS INC CONV SUB NT DEB 973149AC1 453.75 500000 PRN SOLE 0
GLOBAL CROSSING LTD COM G3921A100 15059.23 568273 SH SOLE 568273
LORAL SPACE & COMM CONV PFD SER C $50PAR PFD G56462149 491.25 10000 SH SOLE 0
</TABLE>
