<TABLE> <S> <C>

<ARTICLE>                                7
<CIK>                                    0000881453
<NAME>                                   ASLAC1299
<MULTIPLIER>                             1,000
<CURRENCY>                               U.S. Dollars

<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        DEC-31-1999
<PERIOD-START>                           JAN-01-1999
<PERIOD-END>                             DEC-31-1999
<EXCHANGE-RATE>                                         1
<DEBT-HELD-FOR-SALE>                              198,165
<DEBT-CARRYING-VALUE>                             201,525
<DEBT-MARKET-VALUE>                               201,509
<EQUITIES>                                         16,404
<MORTGAGE>                                              0
<REAL-ESTATE>                                           0
<TOTAL-INVEST>                                    219,388
<CASH>                                             89,212
<RECOVER-REINSURE>                                  4,062
<DEFERRED-ACQUISITION>                          1,087,705
<TOTAL-ASSETS>                                 30,849,414  <F1>
<POLICY-LOSSES>                                    41,127
<UNEARNED-PREMIUMS>                                     0
<POLICY-OTHER>                                          0
<POLICY-HOLDER-FUNDS>                                   0
<NOTES-PAYABLE>                                   189,000
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                            2,500
<OTHER-SE>                                        356,934
<TOTAL-LIABILITY-AND-EQUITY>                   30,849,414  <F2>
<PREMIUMS>                                          1,278
<INVESTMENT-INCOME>                                10,441
<INVESTMENT-GAINS>                                    578
<OTHER-INCOME>                                    375,064  <F3>
<BENEFITS>                                          4,996
<UNDERWRITING-AMORTIZATION>                        83,861
<UNDERWRITING-OTHER>                              191,991
<INCOME-PRETAX>                                   106,513
<INCOME-TAX>                                       30,344
<INCOME-CONTINUING>                                     0
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                       76,169
<EPS-BASIC>                                             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
     $29,381,166.
<F2> Included  in Total  Liabilities  and  Equity  are  Liabilities  Related to
     Separate Accounts of $29,381,166.
<F3> Other income includes annuity charges and fees of $289,989 and fee income
     of $83,243.
</FN>

</TABLE>