WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


<ARTICLE>                                             7
<CIK>                                        0000768836
<NAME>                       IDS Life Insurance Company
<MULTIPLIER>                                       1000
<CURRENCY>                                  U.S. DOLLAR
<FISCAL-YEAR-END>           DEC-31-1994     DEC-31-1995
<PERIOD-START>              JAN-01-1994     JAN-01-1995
<PERIOD-END>                DEC-31-1994     DEC-31-1995
<PERIOD-TYPE>                      YEAR            YEAR
<EXCHANGE-RATE>                       1               1
<DEBT-HELD-FOR-SALE>            8017555        10516212
<DEBT-CARRYING-VALUE>          11269861        11257591
<DEBT-MARKET-VALUE>            10694800        11878377
<EQUITIES>                         1906            3517
<MORTGAGE>                      2400514         2945495
<REAL-ESTATE>                     20835           28796
<TOTAL-INVEST>                 22121637        25290211
<CASH>                           267774           72147
<RECOVER-REINSURE>                 1110            1849
<DEFERRED-ACQUISITION>          1865324         2025725
<TOTAL-ASSETS>                 35747543        42900078
<POLICY-LOSSES>                22708910        25018089
<UNEARNED-PREMIUMS>                   0               0
<POLICY-OTHER>                        0               0
<POLICY-HOLDER-FUNDS>             50068           56323
<NOTES-PAYABLE>                       0               0
<COMMON>                           3000            3000
<PREFERRED-MANDATORY>                 0               0
<PREFERRED>                           0               0
<OTHER-SE>                      1585691         2328708
<TOTAL-LIABILITY-AND-EQUITY>   35747543        42900078
<PREMIUMS>                       144640          161530
<INVESTMENT-INCOME>             1781873         1907309
<INVESTMENT-GAINS>               (4282)          (4898)
<OTHER-INCOME>                   384105          472035
<BENEFITS>                      1303351         1483431
<UNDERWRITING-AMORTIZATION>      280372          280121
<UNDERWRITING-OTHER>             210101          211642
<INCOME-PRETAX>                  512512          560782
<INCOME-TAX>                     176343          195842
<INCOME-CONTINUING>              336169          364940
<DISCONTINUED>                        0               0
<EXTRAORDINARY>                       0               0
<CHANGES>                             0               0
<NET-INCOME>                     336169          364940
<EPS-PRIMARY>                         0               0
<EPS-DILUTED>                         0               0
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<PAYMENTS-PRIOR>                      0               0
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<CUMULATIVE-DEFICIENCY>               0               0