<TABLE> <S> <C>



<ARTICLE>                                                                  7
<CIK>                                                                1031223
<NAME>                                                   PHL Variable Ins Co
<MULTIPLIER>                                                               1
<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>                                              21,859,000
<DEBT-CARRYING-VALUE>                                              3,144,000
<DEBT-MARKET-VALUE>                                                        0
<EQUITIES>                                                                 0
<MORTGAGE>                                                                 0
<REAL-ESTATE>                                                              0
<TOTAL-INVEST>                                                    26,027,000
<CASH>                                                             1,714,000
<RECOVER-REINSURE>                                                         0
<DEFERRED-ACQUISITION>                                            21,010,000
<TOTAL-ASSETS>                                                   428,024,000       <F1>
<POLICY-LOSSES>                                                            0
<UNEARNED-PREMIUMS>                                                        0
<POLICY-OTHER>                                                             0
<POLICY-HOLDER-FUNDS>                                             27,667,000
<NOTES-PAYABLE>                                                            0
<PREFERRED-MANDATORY>                                                      0
<PREFERRED>                                                                0
<COMMON>                                                           2,500,000
<OTHER-SE>                                                        20,294,000
<TOTAL-LIABILITY-AND-EQUITY>                                     428,024,000       <F2>
<PREMIUMS>                                                           230,000
<INVESTMENT-INCOME>                                                1,543,000
<INVESTMENT-GAINS>                                                         0
<OTHER-INCOME>                                                     5,050,000
<BENEFITS>                                                         1,092,000
<UNDERWRITING-AMORTIZATION>                                        1,356,000
<UNDERWRITING-OTHER>                                               2,869,000
<INCOME-PRETAX>                                                    1,506,000
<INCOME-TAX>                                                         553,000
<INCOME-CONTINUING>                                                  953,000
<DISCONTINUED>                                                             0
<EXTRAORDINARY>                                                            0
<CHANGES>                                                                  0
<NET-INCOME>                                                         953,000
<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
        


<FN>
<F1> Included in Total Assets are Assets Held in Separate Accounts of 
$376,046,000.
<F2> Included in Total Liabilities and Equity are Liabilities Related to 
Separate Accounts of $376,046,000.
</FN>

</TABLE>