Exhibit 16(b)(iii)

              AETNA LIFE INSURANCE AND ANNUITY COMPANY AND SUBSIDIARIES
            (A wholly owned subsidiary of Aetna Retirement Services, Inc.)

                                     Schedule III

                         Supplementary Insurance Information

            As of and for the years ended December 31, 1995, 1994 and 1993
 
(Millions)



                              Deferred                       Unpaid                     Policyholders'
                               policy          Future        claims                       funds left
                            acquisition        policy       and claim       Unearned       with the        Premium
Segment                         costs         benefits      expenses        premiums        company        revenue
- - -------------------------------------------------------------------------------------------------------------------
                                                                                         
1995
- - ----
Financial Services             $  602.5       $1,018.9         $  1.0          $ -          $10,483.3       $ 82.6
Life Insurance                    738.8        2,574.3           26.2            1.4             16.8         48.2
                             --------------------------------------------------------------------------------------
Total                          $1,341.3       $3,593.2         $ 27.2          $ 1.4        $10,500.1       $130.8
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------


1994
- - ----
Financial Services             $  516.8       $  773.7         $  1.4          $ -           $8,942.9       $ 70.2
Life Insurance                    647.5        2,137.3         $ 22.4            1.7              6.4         54.0
                             --------------------------------------------------------------------------------------
Total                          $1,164.3       $2,911.0         $ 23.8          $ 1.7         $8,949.3       $124.2
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------


1993
- - ----
Financial Services             $  440.8       $  720.3         $  1.2          $ -           $8,898.8       $ 32.0
Life Insurance                    610.8        2,109.3           26.0            1.7              6.2         50.1
                             --------------------------------------------------------------------------------------
Total                          $1,051.6       $2,829.6         $ 27.2          $ 1.7         $8,905.0       $ 82.1
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------


(Millions)
                                                                                  Amortization
                                             Other income                         of deferred
                                 Net          (including          Current            policy             Other
                             investment    realized capital     and future         acquisition      operation
Segment                      income (1)   gains and losses)      benefits             costs          expenses
- - -------------------------------------------------------------------------------------------------------------------
                                                                                     

1995
- - ----
Financial Services             $  823.3        $ 223.6            $ 704.4              $ 10.5          $256.5
Life Insurance                    181.0          178.6              210.9                32.8            62.2
                             --------------------------------------------------------------------------------------

Total                          $1,004.3        $ 402.2            $ 915.3              $ 43.3        $  318.7
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------


1994
- - ----
Financial Services             $  745.9        $ 130.0            $ 639.9              $  9.6          $176.9
Life Insurance                    171.3          160.8              214.2                16.8            58.3
                             --------------------------------------------------------------------------------------

Total                          $  917.2        $ 290.8            $ 854.1              $ 26.4          $235.2
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------


1993
- - ----
Financial Services             $  739.2        $ 121.6             $ 624.1              $(1.4)         $149.0
Life Insurance                    172.7          148.9               194.3                21.2           58.2
                             --------------------------------------------------------------------------------------
Total                          $  911.9        $ 270.5             $ 818.4              $ 19.8         $207.2
                             --------------------------------------------------------------------------------------
                             --------------------------------------------------------------------------------------

(1) The allocation of net investment income is based upon the investment year method or specific identification of certain 
portfolios within specific segments.