<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MONY LIFE INSURANCE COMPANY ANNUAL STATEMENT WHICH IS PREPARED IN CONFORMITY WITH STATUTORY ACCOUNTING PRINCIPLES. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <DEBT-HELD-FOR-SALE> 0 <DEBT-CARRYING-VALUE> 1,074,724,142 <DEBT-MARKET-VALUE> 1,081,902,689 <EQUITIES> 981,115 <MORTGAGE> 134,828,204 <REAL-ESTATE> 22,626,801 <TOTAL-INVEST> 1,286,053,106 <CASH> 45,955,728 <RECOVER-REINSURE> 248,881 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 4,961,369,195 <POLICY-LOSSES> 581,230,946 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 8,331,025 <POLICY-HOLDER-FUNDS> 683,944,239 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,500,000 <OTHER-SE> 130,650,663 <TOTAL-LIABILITY-AND-EQUITY> 4,961,369,195 <PREMIUMS> 799,035,036 <INVESTMENT-INCOME> 99,006,242 <INVESTMENT-GAINS> (3,544,265) <OTHER-INCOME> 332,438 <BENEFITS> 761,994,174 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 105,726,347 <INCOME-PRETAX> 27,108,931 <INCOME-TAX> 17,389,702 <INCOME-CONTINUING> 9,719,228 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,719,228 <EPS-PRIMARY> 3.89 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0