AMERICAN GENERAL CORP /TX/
10-Q, EX-27, 2000-08-07
LIFE INSURANCE
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<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000

<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>                            61,631<F1>
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                         369
<MORTGAGE>                                       3,732
<REAL-ESTATE>                                      219
<TOTAL-INVEST>                                  71,539
<CASH>                                             274
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                           6,586<F2>
<TOTAL-ASSETS>                                 121,163
<POLICY-LOSSES>                                 64,091<F3>
<UNEARNED-PREMIUMS>                                341<F3>
<POLICY-OTHER>                                     376<F3>
<POLICY-HOLDER-FUNDS>                            2,493<F3>
<NOTES-PAYABLE>                                 13,926
                            1,971<F4>
                                          0
<COMMON>                                           869
<OTHER-SE>                                       5,560<F5>
<TOTAL-LIABILITY-AND-EQUITY>                   121,163
                                       1,966<F6>
<INVESTMENT-INCOME>                              2,675
<INVESTMENT-GAINS>                               (109)
<OTHER-INCOME>                                     940<F7>
<BENEFITS>                                       2,751
<UNDERWRITING-AMORTIZATION>                        352<F8>
<UNDERWRITING-OTHER>                             (594)<F9>
<INCOME-PRETAX>                                    642<F10>
<INCOME-TAX>                                       213<F11>
<INCOME-CONTINUING>                                379
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       379
<EPS-BASIC>                                     1.53
<EPS-DILUTED>                                     1.50
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>ALL FIXED MATURITY SECURITIES ARE CLASSIFIED AS AVAILABLE-FOR-SALE AND RECORDED
AT FAIR VALUE.
<F2>INCLUDES COST OF INSURANCE PURCHASED (CIP).
<F3>THE SUM OF POLICY LOSSES, UNEARNED PREMIUMS, POLICY-OTHER, AND POLICYHOLDER
FUNDS COMPRISES INSURANCE AND ANNUITY LIABILITIES.
<F4>CONSISTS OF NON-CONVERTIBLE MANDATORILY REDEEMABLE PREFERRED
SECURITIES OF SUBSIDIARIES.
<F5>CONSISTS OF NET OF THE FOLLOWING:  COST OF TREASURY STOCK; RETAINED EARNINGS;
AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).











<F6>INCLUDES INSURANCE CHARGES.
<F7>INCLUDES PRIMARILY FINANCE CHARGES ON FINANCE RECEIVABLES.
<F8>CONSISTS OF AMORTIZATION OF POLICY ACQUISITION COSTS AND CIP, NET OF ACCRETION
OF INTEREST.
<F9>CONSISTS OF CAPITALIZATION OF POLICY ACQUISTION COSTS AND CIP.
<F10>EXCLUDES $77 MILLION OF DIVIDENDS ON PREFERRED SECURITIES OF SUBSIDIARIES,
SHOWN SEPARATELY, NET OF TAX, IN THE CONSOLIDATED INCOME STATEMENT.
<F11>EXCLUDES $27 MILLION TAX BENEFIT FOR TAX DEDUCTIBLE DIVIDENDS RELATED TO
PREFERRED SECURITIES OF SUBSIDIARIES.
</FN>


</TABLE>


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