SECURITIES AND EXCHANGE COMMISSION


                          Washington, D.C. 20549


                                FORM 11-K


                               ANNUAL REPORT

                     PURSUANT TO SECTION 15(d) OF THE
                     SECURITIES EXCHANGE ACT OF 1934


                          For the Fiscal Year Ended
                             November 30, 1993

A.      Full title of the Plan:

         Aetna Life & Casualty Incentive Savings Plan

B.      Name of issuer of the securities held pursuant to the plan and 
        the address of its principal executive office:

         Aetna Life and Casualty Company
         151 Farmington Avenue
         Hartford, Connecticut  06156

         REQUIRED INFORMATION:

         The following documents for the plan are set forth on pages 2 and 3:

                     Independent Auditors' Report
                     Independent Auditors' Consent

Pursuant to the requirements of the Securities Exchange Act of 1934, 
the persons who administer the Plan have duly caused this annual report 
to be signed by the undersigned duly authorized.
                              
                    AETNA LIFE & CASUALTY
                   INCENTIVE SAVINGS PLAN

                    By:  Mary Ann Champlin
                         Mary Ann Champlin
                         Senior Vice President, Aetna Human Resources
                         Aetna Life and Casualty Company



Dated:  May 20, 1994

Independent Auditors' Report


Aetna Life & Casualty Incentive Savings Plan
  Committee and Participants of Aetna
  Life & Casualty Incentive Savings Plan:


We have audited the accompanying statements of 
financial condition of Aetna Life & Casualty
Incentive Savings Plan as of November 30, 1993 and
1992, and the related statements of income and
changes in plan equity for each of the years in the
three year period ended November 30, 1993.  These
financial statements are the responsibility of the
Plan's management.  Our responsibility is to express
an opinion on these financial statements based on our
audits.

We conducted our audits in accordance with generally
accepted auditing standards.  Those standards require
that we plan and perform the audit to obtain
reasonable assurance about whether the financial
statements are free of material misstatement.  An
audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the
financial statements.  An audit also includes
assessing the accounting principles used and
significant estimates made by management, as well as
evaluating the overall financial statement
presentation.  We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the aforementioned financial
statements present fairly, in all material respects,
the financial condition of Aetna Life & Casualty
Incentive Savings Plan as of November 30, 1993 and
1992, and the results of its operations and the changes
in its plan equity for each of the years in the three
year period ended November 30, 1993 in conformity
with generally accepted accounting principles.

Our audit was made for the purpose of forming an
opinion on the basic financial statements taken as a
whole.  The 1993 supplementary information included
in Schedules I and II is presented for the purpose of
additional analysis and is not a required part of the
basic financial statements but is supplementary
information required by the Department of Labor's
Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of
1974.  Such 1993 supplementary information has been
subjected to the auditing procedures applied in the
audit of the basic financial statements and, in our
opinion, is fairly stated in all material respects in
relation to the basic financial statements taken as a
whole.

                                      KPMG Peat Marwick
March 18, 1994
Hartford Connecticut

Independent Auditors' Consent


Aetna Life & Casualty Incentive Savings Plan
Committee and Participants of Aetna
Life & Casualty Incentive Savings Plan:

We consent to incorporation by reference in the
Registration Statement (No. 2-73911) on Form S-8 of
Aetna Life & Casualty Incentive Savings Plan of our
report dated March 18, 1994, relating to the
statements of financial condition of Aetna Life &
Casualty Incentive Savings Plan as of November 30,
1993 and 1992, the related statements of income and
changes in plan equity for the years ended November 30, 
1993, 1992, and 1991, and the 1993 supplementary
information which report appears in the November 30,
1993 annual report on Form 11-K of Aetna Life &
Casualty Incentive Savings Plan.



                                    KPMG Peat Marwick


Hartford, Connecticut
May 18, 1994