AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
10-Q, EX-27, 2000-08-14
LIFE INSURANCE
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<TABLE> <S> <C>

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

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<DEBT-HELD-FOR-SALE>                         1,309,351
<DEBT-CARRYING-VALUE>                          417,117
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       7,419
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                               1,776,636
<CASH>                                          22,579
<RECOVER-REINSURE>                                 475
<DEFERRED-ACQUISITION>                         188,327
<TOTAL-ASSETS>                               2,105,660
<POLICY-LOSSES>                              1,791,413
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                           14,032
<NOTES-PAYABLE>                                 32,100
                           99,242
                                        625
<COMMON>                                        14,471
<OTHER-SE>                                       7,832
<TOTAL-LIABILITY-AND-EQUITY>                 2,105,660
                                       9,472
<INVESTMENT-INCOME>                             33,749
<INVESTMENT-GAINS>                               6,196
<OTHER-INCOME>                                       0
<BENEFITS>                                      28,692
<UNDERWRITING-AMORTIZATION>                      5,632
<UNDERWRITING-OTHER>                             7,405
<INCOME-PRETAX>                                  5,123
<INCOME-TAX>                                       444
<INCOME-CONTINUING>                                955
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       955
<EPS-BASIC>                                        .07
<EPS-DILUTED>                                      .05
<RESERVE-OPEN>                                     594
<PROVISION-CURRENT>                                512
<PROVISION-PRIOR>                                (175)
<PAYMENTS-CURRENT>                                 122
<PAYMENTS-PRIOR>                                    48
<RESERVE-CLOSE>                                    738
<CUMULATIVE-DEFICIENCY>                          (175)


</TABLE>


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