Exhibit 99.1




                              Administrative Report
                                       for
            Hartford Life Global Funding Trust 2005-040 (the "Trust")


                            Payment Date May 16, 2005
                             CUSIP Number 41659FCG7


(i)  the amount received by the Indenture Trustee from Hartford Life Insurance
     Company ("Hartford Life") as of the payment date in respect of the
     principal, interest and premium, if any, on Funding Agreement No. 405040
     (the "Funding Agreement") issued by Hartford Life Insurance Company
     ("Hartford Life").

             --------------- ---------------------------------

             Interest:       $ 17,475.87
             --------------- ---------------------------------

             Principal:      $ 0.00
             --------------- ---------------------------------

(ii) the amount of payment on such Payment Date to holders allocable to
     principal and interest on the notes of the Trust.

             --------------- ---------------------------------

             Interest:       $ 17,475.87
             --------------- ---------------------------------

             Principal:      $ 0.00
             --------------- ---------------------------------

(iii) the aggregate stated principal amount of the Funding Agreement, the
     current interest rate or rates thereon at the close of business on such
     Payment Date, and the current rating assigned to the Funding Agreement.

- ------------------------------------- ---------------------------------------

Aggregate Principal Amount:           $ 4,946,015.00
- ------------------------------------- ---------------------------------------

Interest Rate:                        4.38%
- ------------------------------------- ---------------------------------------

                           Ratings:
                                   Moody's Investor Services: Aa3
                                   Standard & Poors' Rating Service: AA-

(iv) the aggregate principal balance of the notes of the Trust at the close of
     business on such Payment Date and the current rating assigned to such
     notes.

                           Aggregate Principal Amount: $4,946,000.00
                           Ratings:
                                   Moody's Investor Services: Aa3
                                   Standard & Poors' Rating Service: AA-


AMACAR Pacific Corp., as administrator of Hartford Life Global Funding Trust
2005-040

By:   /s/  EVELYN ECHEVARRIA
      -------------------------------
      Name:  Evelyn Echevarria
      Title:  Vice President