<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) November 7, 1994
__________________
Aetna Life and Casualty Company
_______________________________________________________________________
(Exact name of registrant as specified in its charter)
Connecticut
_______________________________________________________________________
(State or other jurisdiction of incorporation)
1-5704 06-0843808
_______________________________________________________________________
(Commission File Number) (I.R.S. Employer
Identification No.)
151 Farmington Avenue, Hartford, Connecticut 06156
_______________________________________________________________________
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code (203) 273-0123
__________________
Not Applicable
_______________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
TABLE OF CONTENTS
_________________
Page
____
Item 5. Other Events. 3
Signatures 4
<PAGE> 3
Item. 5. Other Events
Subsequent to the filing of its Form 10-Q for the quarterly period
ended September 30, 1994, on October 28, 1994, the claims paying
rating of The Aetna Casualty and Surety Company was lowered by A.M.
Best. Aetna's ratings at October 28, 1994 and at November 7, 1994,
follow:
<TABLE>
<CAPTION>
Rating Agencies
____________________________________________________________
Moody's Investors Standard
A.M. Best Duff & Phelps Service & Poor's
____________________________________________________________
<S> <C> <C> <C> <C>
Aetna Life and Casualty Company
(senior debt)
October 28, 1994 * A+ A2 A+
November 7, 1994 * A+ A2 A+
Aetna Life and Casualty Company
(commercial paper)
October 28, 1994 * Duff 1 P-1 A-1
November 7, 1994 * Duff 1 P-1 A-1
Aetna Life Insurance Company
(claims paying)
October 28, 1994 A AA (on rating Aa3 A+
watch-down)
November 7, 1994 A AA (on rating Aa3 A+
watch-down)
The Aetna Casualty and Surety Company
(claims paying)
October 28, 1994 A AA (on rating A1 A+
watch-down)
November 7, 1994 A- AA (on rating A1 A+
watch-down)
Aetna Life Insurance and Annuity Company
(claims paying)
October 28, 1994 A++ AAA (on rating Aa2 AA
watch-down)
November 7, 1994 A++ AAA (on rating Aa2 AA
watch-down)
<FN>
* Not rated by the agency.
</TABLE>
<PAGE> 4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
Aetna Life and Casualty Company
_______________________________
(Registrant)
Date November 7, 1994 By ROBERT E. BROATCH
________________________________________
(Signature)
Robert E. Broatch
Senior Vice President, Finance
and Corporate Controller
