<TABLE> <S> <C>


<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>                                        0000716791
<NAME>                                       NORTHBROOK LIFE INSURANCE COMPANY
<MULTIPLIER>                                 1,000
<CURRENCY>                                   U.S. DOLLARS



<S>                             <C>
<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>                            76,402
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  79,433
<CASH>                                               0
<RECOVER-REINSURE>                           2,293,094
<DEFERRED-ACQUISITION>                               0
<TOTAL-ASSETS>                               8,098,230
<POLICY-LOSSES>                                      0
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                 144,352
<POLICY-HOLDER-FUNDS>                        2,148,555
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,500
<OTHER-SE>                                      80,784
<TOTAL-LIABILITY-AND-EQUITY>                 8,098,230
<PREMIUMS>                                           0
<INVESTMENT-INCOME>                              5,146
<INVESTMENT-GAINS>                                 (68)
<OTHER-INCOME>                                       0
<BENEFITS>                                           0
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                  5,078
<INCOME-TAX>                                     1,756
<INCOME-CONTINUING>                              3,322
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,322
<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




</TABLE>