<TABLE> <S> <C>

<ARTICLE>  7
<LEGEND>                                                          
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE BALANCE SHEET AND INCOME STATEMENT OF ANCHOR NATIONAL LIFE 
INSURANCE COMPANY'S FORM 10-Q FOR THE THREE MONTHS ENDED DECEMBER 31, 1996 
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                  <C>          <C>
<PERIOD-TYPE>                        3-MOS
<FISCAL-YEAR-END>                                   SEP-30-1996
<PERIOD-END>                                        DEC-31-1996
<DEBT-HELD-FOR-SALE>                              2,281,527,000
<DEBT-CARRYING-VALUE>                                         0
<DEBT-MARKET-VALUE>                                           0
<EQUITIES>                                            3,842,000
<MORTGAGE>                                          120,680,000
<REAL-ESTATE>                                        24,000,000
<TOTAL-INVEST>                                    2,703,683,000
<CASH>                                              196,142,000
<RECOVER-REINSURE>                                            0
<DEFERRED-ACQUISITION>                              461,637,000
<TOTAL-ASSETS>                                   10,025,708,000
<POLICY-LOSSES>                                   2,445,744,000
<UNEARNED-PREMIUMS>                                           0
<POLICY-OTHER>                                                0
<POLICY-HOLDER-FUNDS>                                         0
<NOTES-PAYABLE>                                      35,903,000
<COMMON>                                              3,511,000
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                                   0
<OTHER-SE>                                          526,611,000
<TOTAL-LIABILITY-AND-EQUITY>                     10,025,708,000
<PREMIUMS>                                                    0
<INVESTMENT-INCOME>                                  45,773,000
<INVESTMENT-GAINS>                                  (19,116,000)
<OTHER-INCOME>                                       44,820,000
<BENEFITS>                                           31,229,000
<UNDERWRITING-AMORTIZATION>                          13,817,000
<UNDERWRITING-OTHER>                                   (837,000)
<INCOME-PRETAX>                                       4,946,000
<INCOME-TAX>                                          1,600,000
<INCOME-CONTINUING>                                   3,346,000
<DISCONTINUED>                                                0
<EXTRAORDINARY>                                               0
<CHANGES>                                                     0
<NET-INCOME>                                          3,346,000
<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>