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

                                   Schedule IV

                                   Reinsurance

For the years ended December 31,
(Millions)


                                                                                          Percentage
                                                  Ceded to      Assumed                    of Amount
                                   Direct           Other      from Other     Net         Assumed to
                                   Amount         Companies    Companies    Amount            Net
                                   ------         ---------    ---------- ----------     ------------
         1995
                                                                                
 Life insurance in force             $36,031.5      $1,846.8     $3,596.7     $37,781.4         9.5%
                                   ============== ============ ============== ===========

 Premiums:
   Life Insurance                  $      28.8    $      8.6   $     28.0     $    48.2         58.1
   Accident and Health Insurance           7.5           7.5            -             -            -
   Annuities                              82.1                 -      0.5          82.6          0.6
                                   ============== ============ ============== ===========
    Total earned premiums          $     118.4    $     16.1   $     28.5       $ 130.8         21.8
                                   ============== ============ ============== ===========

         1994

 Life insurance in force             $32,184.3      $1,423.0     $2,677.8     $33,439.1         8.0%
                                   ============== ============ ============== ===========

 Premiums:
   Life Insurance                  $      27.3    $      6.0   $     32.8     $    54.1         60.6
   Accident and Health Insurance           9.3           9.3            -             -            -
   Annuities                              69.9                 -      0.2          70.1          0.3
                                   ============== ============ ============== ===========
    Total earned premiums          $     106.5    $     15.3   $     33.0     $   124.2         26.6
                                   ============== ============ ============== ===========

         1993

 Life insurance in force             $30,602.3      $1,210.2     $3,099.0      $32,491.1        9.5%
                                   ============== ============ ============== ===========

 Premiums:
   Life Insurance                  $      22.4    $      5.6   $     33.3     $     50.1       66.5
   Accident and Health Insurance          12.9          12.9           -               -          -
   Annuities                              31.3                 -      0.7           32.0        2.2
                                   ============== ============ ============== ===========
    Total earned premiums          $       66.6   $     18.5   $     34.0     $       82.1     41.4
                                   ============== ============ ============== ===========