UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 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:106
Form 13F Information Table Value Total: $229,272
List of Other Included Managers:
None
<PAGE>
PACIFIC LIFE INSURANCE COMPANY - SEC REPORT 13-F
Per SEC 13F
AS OF : 12/31/1999
<TABLE>
NAME OF ISSUER CLASS CUSIP FAIR MKT SHARES SH/ INVEST VOTING
VALUE PRINCIPA PRN DISCRETIAUTHORITY
<S> <C> <C> <C> <S> <C>
BOYD GAMING CORP COM 10330410 290.63 50000 SH SOLE 50000
CANADIAN NATL RAILWAY CONV PFD $50PAR PFD 13637540 420 10000 SH SOLE 0
CHEVRON CORP COM 16675110 937.02 10817 SH SOLE 10817
CITIZENS UTILITIES CO CONV PFD$50 PAR PFD 17735120 315.7 5600 SH SOLE 0
COMMUNITY BANK OF THE BAY SER A COM 20348510 50 10000 SH SOLE 10000
COMSTOCK RESOURCES INC COM 20576820 166.3 57844 SH SOLE 57844
EL PASO ENER CAP TRUST CONV PFD $50 PAR PFD 28367820 1007.5 20000 SH SOLE 0
EMMIS COMM CONV PFD $50PAR PFD 29152520 1590 20000 SH SOLE 0
FLEXI INTERNATIONAL SOFTWARE INC COM 33892310 18.03 25396 SH SOLE 25396
GENEVA STEEL WTS 144A COM 37225212 0 169800 SH SOLE 169800
HOLLINGER INTL INC COM 43556910 297.56 23000 SH SOLE 23000
INTERMEDIA COMMUNICATIONS INC COM 45880110 205.74 5300.75 SH SOLE 5300.75
KMART FINANCING CONV PFD $50 PAR PFD 49877820 437.5 10000 SH SOLE 0
LEAR CORP COM 52186510 580.8 18150 SH SOLE 18150
MONSANTO CO CONV PFD $40PAR (ACES) PFD 61166230 993.75 30000 SH SOLE 0
NATL AUSTRALIA BANK LTD CONV PFD $25PAR PFD 63252530 1657.5 60000 SH SOLE 0
OWENS ILLINOIS INC CONV PFD $50PAR PFD 69076850 1250 40000 SH SOLE 0
ST PAUL CAPITAL CONV PFD MIPS $ 50 PAR PFD 79285620 590 10000 SH SOLE 0
SEAGRAM CO LTD CONV PFD $50PAR PFD 81185020 900 20000 SH SOLE 0
SOVEREIGN BANCORP INC COM 84590510 404.79 54312 SH SOLE 54312
SPRINT CONV PFD $31.88 PAR PFD 85206140 1485 20000 SH SOLE 0
STATION CASINOS INC COM 85768910 359 16000 SH SOLE 16000
TESORO PETROLEUM CORP CONV PFD $15PAR PFD 88160940 960 80000 SH SOLE 0
U S RESTAURANT PROPERTIES INC COM 90297110 24718.92 1734661 SH SOLE 1734661
WENDYS FIN I SER A CONV PFD $50PAR PFD 95058820 478.75 10000 SH SOLE 0
WILLIAMS CO COM 96945710 1432.62 46875 SH SOLE 46875
AMFM INC CONV PFD $50PAR PFD 00169320 2151.25 10000 SH SOLE 0
AMERICAN TELEPHONE & TEL COM 00195710 236.53 4655 SH SOLE 4655
AT&T CORP - LIBERTY MEDIA COM 00195720 1810.39 31866 SH SOLE 31866
ASM LITHOGRAPHY HOLDING CONV BD 144A DEB 00207EAB 1160 1000000 PRN SOLE 0
AFFYMETRIX INC CONV 144A DEB 00826TAA 1490 1000000 PRN SOLE 0
ALLIED CAPITAL CORP COM 01903Q10 769.75 42034 SH SOLE 42034
ALPHARMA INC CONV SR SUB NT 144A DEB 020813AC 536.25 500000 PRN SOLE 0
ALZA CORP CONV SUB DEB DEB 022615AD 3142.5 3000000 PRN SOLE 0
AMERICA ONLINE CONV ZERO CPN PUT 12/6/04 DEB 02364JAC 2745 4500000 PRN SOLE 0
AMERICAN CAPITAL STRATEGIES LTD COM 02493710 1137.5 50000 SH SOLE 50000
AMERICAN GEN CONV PFD MIPS $50 PAR PFD 02637G20 2870.81 30500 SH SOLE 0
AMERICAN TOWER CORP CONV BD 144A DEB 029912AA 699.38 500000 PRN SOLE 0
APACHE CORP CONV PFD $31PAR PFD 03741160 1065 30000 SH SOLE 0
AT HOME CORP CONV SUB DEB PUT 12/28/03 DEB 045919AA 647.5 1000000 PRN SOLE 0
AT HOME CORP CONV SUB DEB PT12/28/03 DEB 045919AC 1295 2000000 PRN SOLE 0
EXCITE@HOME CONV SUB NT 144A DEB 045919AD 1900 2000000 PRN SOLE 0
AUTOMATIC DATA PROCESSING CONVPT 2/20/02 DEB 053015AC 2780 2000000 PRN SOLE 0
AVIRON CONV SUB NT DEB 053762AC 343.75 500000 PRN SOLE 0
CKE RESTAURANTS INC CONV SUB NT DEB 12561EAB 1590 3000000 PRN SOLE 0
CNF TRUST I SER A CONV PFD $50 PAR PFD 12612V20 1440 30000 SH SOLE 0
CAPSTAR HOTEL CORP CONV SUB NT DEB 140918AC 1164.38 1500000 PRN SOLE 0
CENTOCOR INC CONV SUB NT DEB 152342AE 1331.25 1000000 PRN SOLE 0
CHECKFREE HOLDINGS CORP CONV 144A DEB 162816AA 1587.5 1000000 PRN SOLE 0
CHIQUITA BRANDS CONV SUB DEB DEB 170032AH 992.8 1360000 PRN SOLE 0
CONEXANT SYSTEMS INC CONV SUB NT 144A DEB 207142AA 1464.38 500000 PRN SOLE 0
CYMER INC SUB NT CONV STEP UP DEB 232572AC 1107.5 1000000 PRN SOLE 0
DEVON ENERGY CORP COM 25179M10 1077.84 32786 SH SOLE 32786
DIAMOND OFFSHORE DRILL CONV SUB NT DEB 25271CAA 2525 2500000 PRN SOLE 0
DOUBLECLICK INC CONV SUB NT 144A DEB 258609AA 1551.25 500000 PRN SOLE 0
FINOVA FINANCE TR CONV PFD $50 PAR PFD 31808E20 500 10000 SH SOLE 0
HEALTHSOUTH CORP CONV SUB DEB DEB 421924AF 385.63 500000 PRN SOLE 0
HILTON HOTELS CORP CONV SUB NT DEB 432848AL 4173.13 5500000 PRN SOLE 0
HUANENG POWER INTL PLC CONV PT 5/21/02 DEB 443304AA 13276.25 13000000 PRN SOLE 0
HUMAN GENOME SCIENCES CONV NT 144A DEB 444903AC 1800 1500000 PRN SOLE 0
INTERIM SERVICES INC CONV SUB NT DEB 45868PAA 1980 2250000 PRN SOLE 0
INTERNET CAPITAL GRP INC CONV SR NT DEB 46059CAA 1458.75 1000000 PRN SOLE 0
INTERPUBLIC GROUP COS CONV SUB DEB 460690AF 1570 1000000 PRN SOLE 0
INTERPUBLIC GROUP CO INC CONV SUB NT144A DEB 460690AG 2828.13 2500000 PRN SOLE 0
KULICKE & SOFFA IND INC CONV SUB NT 144A DEB 501242AC 1106.25 1000000 PRN SOLE 0
LATTICE SEMICONDUCTOR CO CONV BD 144A DEB 518415AA 1959.38 1500000 PRN SOLE 0
MCN ENERGY GROUP INC CONV PFD $50PAR PFD 55267J30 406.25 10000 SH SOLE 0
MAGNA INTL INC CONV SUB DEB 144A DEB 559222AF 425 500000 PRN SOLE 0
MAGNA INTL INC CONV SUB DEB DEB 559222AG 1700 2000000 PRN SOLE 0
MASCOTECH INC CONV SUB DEB DEB 574670AB 5127.5 7000000 PRN SOLE 0
MEDITRUST CONV DEB REIT DEB 58501TAC 2303 2800000 PRN SOLE 0
NETWORK ASSOC INC CNV SUB PT2/13/03 144A DEB 640938AA 931.25 2500000 PRN SOLE 0
OMNICOM GRP CONV SUB DEB PT01/03/03 DEB 681919AC 3180 1000000 PRN SOLE 0
ORIX CORP CONV DEB 686330AA 2435.45 15000000 PRN SOLE 0
PEP BYS MANNY MOE&JACK SUB CNV PT9/20/01 DEB 713278AJ 9292.5 17700000 PRN SOLE 0
POTOMAC ELECTRIC POWER CO CONV DEB DEB 737679BT 8460.75 8700000 PRN SOLE 0
PRISON REALTY CORP COM 74264N10 22145.69 5023346 SH SOLE 5023346
PSINET INC SERIES C CONV PFD $50 PAR PFD 74437C30 1751.25 30000 SH SOLE 0
ROGERS COMM INC CONV DEB DEB 775109AE 1722.6 2000000 PRN SOLE 0
SBC COMMUNICATIONS INC CONV PFD(TELEMEX) PFD 78387G20 1912.5 20000 SH SOLE 0
SEACOR HOLDINGS INC CONV BD SUB NT DEB 811904AE 478.75 500000 PRN SOLE 0
SEALED AIR CORP CONV PFD SER A $50 PAR PFD 81211K20 1313 26000 SH SOLE 0
SEPRACOR INC CONV NT 144A DEB 817315AF 1052.5 1000000 PRN SOLE 0
STANDARD MOTOR PRODS CONV SUB DEB DEB 853666AB 397.5 500000 PRN SOLE 0
STMICROELECTRONICS NV CONV SUB NT DEB 861012AB 4102.5 3000000 PRN SOLE 0
THERMO ELECTRON CORP SR SUB CONV 144A DEB 883556AF 2535 3000000 PRN SOLE 0
THERMO INSTRUMENT SYS CONV SR DEB 144A DEB 883559AC 3275 4000000 PRN SOLE 0
THERMO INSTRUMENT SYSTEMS CONV DEB 883559AE 4352.15 5500000 PRN SOLE 0
THERMOLASE CORP CONV SUB DEB 144A DEB 883624AA 9300 12000000 PRN SOLE 0
THERMOTREX CORP CONV SUB DEB DEB 883666AA 2725.2 4000000 PRN SOLE 0
TOTAL RENAL CARE HLDGS CONV SUB NT 144A DEB 89151AAA 1875 3000000 PRN SOLE 0
TOWER AUTOMOTIVE INC CONV SUB NT DEB 891707AE 414.38 500000 PRN SOLE 0
VALERO ENERGY CORP-NEW COM 91913Y10 282.72 14225 SH SOLE 14225
VODAFONE AIRTOUCH PLC COM 92857T10 1979.51 39990 SH SOLE 39990
WASTE MANAGEMENT INC COM 94106L10 284.25 16538 SH SOLE 16538
WASTE MGMT INC CONV SUB NT DEB 94106LAA 875 1000000 PRN SOLE 0
WIND RIVER SYSTEMS INC CONV SUB NT DEB 973149AC 631.25 500000 PRN SOLE 0
GLOBAL CROSSING LTD COM G3921A10 15763.65 315273 SH SOLE 315273
LORAL SPACE & COMM CONV PFD SER C $50PAR PFD G5646214 643.75 10000 SH SOLE 0
</TABLE>
