<ARTICLE> 7 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0001046374 <NAME> Transamerica Occidental Life Insurance Co. <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1.000 <DEBT-HELD-FOR-SALE> 26,980,676 <DEBT-CARRYING-VALUE> 26,980,676 <DEBT-MARKET-VALUE> 26,980,676 <EQUITIES> 471,734 <MORTGAGE> 716,669 <REAL-ESTATE> 24,876 <TOTAL-INVEST> 28,838,974 <CASH> 35,817 <RECOVER-REINSURE> 829,653 <DEFERRED-ACQUISITION> 2,138,203 <TOTAL-ASSETS> 36,329,812 <POLICY-LOSSES> 5,275,149 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 502,331 <POLICY-HOLDER-FUNDS> 22,718,955 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,587 <OTHER-SE> 3,328,325 <TOTAL-LIABILITY-AND-EQUITY> 36,329,812 <PREMIUMS> 1,798,034 <INVESTMENT-INCOME> 2,077,232 <INVESTMENT-GAINS> 17,471 <OTHER-INCOME> 0 <BENEFITS> 2,772,809 <UNDERWRITING-AMORTIZATION> 235,180 <UNDERWRITING-OTHER> 382,783 <INCOME-PRETAX> 501,965 <INCOME-TAX> 164,685 <INCOME-CONTINUING> 337,280 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 337,280 <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