<TABLE> <S> <C>

<ARTICLE>                                           7
<CIK>                                               0000881453
<NAME>                                              ASLAC0399
<MULTIPLIER>                                        1,000
<CURRENCY>                                          U.S Dollars
                                                     
<S>                                                 <C>
<PERIOD-TYPE>                                       3-MOS
<FISCAL-YEAR-END>                                   DEC-31-1999
<PERIOD-START>                                      JAN-01-1999
<PERIOD-END>                                        MAR-31-1999
<EXCHANGE-RATE>                                                   1
<DEBT-HELD-FOR-SALE>                                        137,852
<DEBT-CARRYING-VALUE>                                       146,133
<DEBT-MARKET-VALUE>                                         146,188
<EQUITIES>                                                    9,926
<MORTGAGE>                                                        0
<REAL-ESTATE>                                                     0
<TOTAL-INVEST>                                              156,668
<CASH>                                                       69,750
<RECOVER-REINSURE>                                            8,228
<DEFERRED-ACQUISITION>                                      785,974
<TOTAL-ASSETS>                                           20,973,720 <F1>
<POLICY-LOSSES>                                              69,685
<UNEARNED-PREMIUMS>                                               0
<POLICY-OTHER>                                                    0
<POLICY-HOLDER-FUNDS>                                             0
<NOTES-PAYABLE>                                             203,000
<PREFERRED-MANDATORY>                                             0
<PREFERRED>                                                       0
<COMMON>                                                      2,000
<OTHER-SE>                                                  261,140
<TOTAL-LIABILITY-AND-EQUITY>                             20,973,720 <F2>
<PREMIUMS>                                                      749
<INVESTMENT-INCOME>                                           2,654
<INVESTMENT-GAINS>                                              295
<OTHER-INCOME>                                               77,760 <F3>
<BENEFITS>                                                   (1,499)
<UNDERWRITING-AMORTIZATION>                                  30,521
<UNDERWRITING-OTHER>                                         35,182
<INCOME-PRETAX>                                              17,254
<INCOME-TAX>                                                  3,844
<INCOME-CONTINUING>                                               0
<DISCONTINUED>                                                    0
<EXTRAORDINARY>                                                   0
<CHANGES>                                                         0
<NET-INCOME>                                                 13,410
<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
<FN>
<F1> Included in Total Assets are Assets Held in Separate Accounts of
     $19,900,125.
<F2> Included in Total Liabilities and Equity are Liabilities Related to
     Separate Accounts of $19,900,125.
<F3> Other income includes annuity charges and fees of $60,418 and  
     fee income of $16,977.
</FN>

                                                     


</TABLE>