AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
10-Q, EX-27, 2000-11-13
LIFE INSURANCE
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<TABLE> <S> <C>

<PAGE>
<ARTICLE> 7
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<DEBT-HELD-FOR-SALE>                         1,352,917
<DEBT-CARRYING-VALUE>                          423,118
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       6,516
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                               1,817,018
<CASH>                                         105,401
<RECOVER-REINSURE>                                 369
<DEFERRED-ACQUISITION>                         213,458
<TOTAL-ASSETS>                               2,265,252
<POLICY-LOSSES>                              1,942,879
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                           15,805
<NOTES-PAYABLE>                                 32,100
                           99,373
                                        625
<COMMON>                                        14,498
<OTHER-SE>                                      22,320
<TOTAL-LIABILITY-AND-EQUITY>                 2,265,252
                                      15,179
<INVESTMENT-INCOME>                             61,801
<INVESTMENT-GAINS>                               6,276
<OTHER-INCOME>                                       0
<BENEFITS>                                      47,862
<UNDERWRITING-AMORTIZATION>                     10,083
<UNDERWRITING-OTHER>                            11,525
<INCOME-PRETAX>                                  9,587
<INCOME-TAX>                                     1,271
<INCOME-CONTINUING>                              2,729
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,729
<EPS-BASIC>                                        .19
<EPS-DILUTED>                                      .14
<RESERVE-OPEN>                                     594
<PROVISION-CURRENT>                                596
<PROVISION-PRIOR>                                 (76)
<PAYMENTS-CURRENT>                                 237
<PAYMENTS-PRIOR>                                    92
<RESERVE-CLOSE>                                    828
<CUMULATIVE-DEFICIENCY>                           (76)


</TABLE>


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