<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  QUARTER  ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE  TO  SUCH  FINANCIAL  STATEMENTS.
</LEGEND>


                           
<PERIOD-TYPE>                          6-MOS
<FISCAL-YEAR-END>                 DEC-31-1999
<PERIOD-END>                      JUN-30-1999
<DEBT-HELD-FOR-SALE>           5,668,697,000
<DEBT-CARRYING-VALUE>                      0
<DEBT-MARKET-VALUE>                        0
<EQUITIES>                         2,020,000
<MORTGAGE>                       619,470,000
<REAL-ESTATE>                     24,000,000
<TOTAL-INVEST>                 8,097,784,000
<CASH>                         1,292,171,000
<RECOVER-REINSURE>                         0
<DEFERRED-ACQUISITION>         1,014,372,000
<TOTAL-ASSETS>                25,958,368,000
<POLICY-LOSSES>                8,015,393,000
<UNEARNED-PREMIUMS>                        0
<POLICY-OTHER>                             0
<POLICY-HOLDER-FUNDS>                      0
<NOTES-PAYABLE>                            0
<COMMON>                           3,511,000
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<OTHER-SE>                       933,008,000
<TOTAL-LIABILITY-AND-EQUITY>  25,958,368,000
<PREMIUMS>                                 0
<INVESTMENT-INCOME>              271,925,000
<INVESTMENT-GAINS>                (6,804,000)
<OTHER-INCOME>                   220,514,000
<BENEFITS>                       203,573,000
<UNDERWRITING-AMORTIZATION>       55,876,000
<UNDERWRITING-OTHER>              18,158,000
<INCOME-PRETAX>                  130,052,000
<INCOME-TAX>                      46,900,000
<INCOME-CONTINUING>               83,152,000
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                      83,152,000
<EPS-BASIC>                              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