<ARTICLE>  7
<LEGEND>
THIS  SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET  AND  STATEMENT  INCOME  FOR ANCHOR NATIONAL LIFE INSURANCE COMPANY'S FORM
10-Q  FOR THE THREE MONTHS ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY
BY  REFERENCE  TO  SUCH  FINANCIAL  STATEMENTS.
</LEGEND>


                           
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                MAR-31-1999
<PERIOD-END>                     DEC-31-1998
<DEBT-HELD-FOR-SALE>           5,910,805,000
<DEBT-CARRYING-VALUE>                      0
<DEBT-MARKET-VALUE>                        0
<EQUITIES>                         5,326,000
<MORTGAGE>                       500,424,000
<REAL-ESTATE>                     24,000,000
<TOTAL-INVEST>                 8,226,892,000
<CASH>                         1,294,949,000
<RECOVER-REINSURE>                         0
<DEFERRED-ACQUISITION>           940,794,000
<TOTAL-ASSETS>                24,305,687,000
<POLICY-LOSSES>                8,076,822,000
<UNEARNED-PREMIUMS>                        0
<POLICY-OTHER>                             0
<POLICY-HOLDER-FUNDS>                      0
<NOTES-PAYABLE>                  209,803,000
<COMMON>                           3,511,000
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<OTHER-SE>                       760,903,000
<TOTAL-LIABILITY-AND-EQUITY>  24,305,687,000
<PREMIUMS>                                 0
<INVESTMENT-INCOME>              125,631,000
<INVESTMENT-GAINS>                   884,000
<OTHER-INCOME>                   103,683,000
<BENEFITS>                        99,894,000
<UNDERWRITING-AMORTIZATION>       27,604,000
<UNDERWRITING-OTHER>               9,088,000
<INCOME-PRETAX>                   58,197,000
<INCOME-TAX>                      21,009,000
<INCOME-CONTINUING>               37,188,000
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                      37,188,000
<EPS-PRIMARY>                              0
<EPS-DILUTED>                              0
<RESERVE-OPEN>                             0
<PROVISION-CURRENT>                        0
<PROVISION-PRIOR>                          0
<PAYMENTS-CURRENT>                         0
<PAYMENTS-PRIOR>                           0
<RESERVE-CLOSE>                            0
<CUMULATIVE-DEFICIENCY>                    0