<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
GREAT NORTHERN INSURED ANNUITY CORPORATION FORM 10-K AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995
<PERIOD-START>                             JAN-01-1996             JAN-01-1995
<PERIOD-END>                               DEC-31-1996             DEC-31-1995
<DEBT-HELD-FOR-SALE>                             5,270                   5,065
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                       1,160                   1,282
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                   6,599                   6,544
<CASH>                                               6                      30
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                             130                      89
<TOTAL-ASSETS>                                   7,120                   6,927
<POLICY-LOSSES>                                  6,172                   6,067
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                                      48                      74
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                      0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             3                       3
<OTHER-SE>                                         687                     659
<TOTAL-LIABILITY-AND-EQUITY>                     7,120                   6,927
<PREMIUMS>                                         200                     177
<INVESTMENT-INCOME>                                463                     785
<INVESTMENT-GAINS>                                   3                    (14)
<OTHER-INCOME>                                       8                      17
<BENEFITS>                                          30                     137
<UNDERWRITING-AMORTIZATION>                       (27)                    (43)
<UNDERWRITING-OTHER>                                64                     114
<INCOME-PRETAX>                                     76                      62
<INCOME-TAX>                                        25                      25
<INCOME-CONTINUING>                                 51                      26
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                        51                      26
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0


</TABLE>