<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM STATEMENTS OF FINANCIAL POSITION AT DECEMBER 31, 1997; STATEMENTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1997; STATEMENTS OF SHAREHOLDER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 1997; AND STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000839759 <NAME> ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 1,756,257 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 114,627 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,907,997 <CASH> 393 <RECOVER-REINSURE> 1,726 <DEFERRED-ACQUISITION> 71,946 <TOTAL-ASSETS> 2,318,549 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 1,084,409 <POLICY-HOLDER-FUNDS> 607,474 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,000 <OTHER-SE> 281,410 <TOTAL-LIABILITY-AND-EQUITY> 2,318,549 <PREMIUMS> 90,366 <INVESTMENT-INCOME> 124,887 <INVESTMENT-GAINS> 701 <OTHER-INCOME> 28,597 <BENEFITS> 179,872 <UNDERWRITING-AMORTIZATION> 5,023 <UNDERWRITING-OTHER> 23,644 <INCOME-PRETAX> 36,012 <INCOME-TAX> 13,296 <INCOME-CONTINUING> 22,716 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 22,716 <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