FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Registrant Name Variable Account I - AIG Life Insurance Company
File Number 811-5301
Registrant CIK Number: 0000820627
Report as of the end of semiannual period: / / (a)
or fiscal year: 12/31/98 (b)
Is this a transition report? (Y or N): N
Is this form being completed by the registrant? (Y or N): N
Is this an amendment to a previous filing? (Y or N): N
Is this a change to a previous filing? (Y or N): N
1.A) Registrant Name: Variable Account I - AIG Life Insurance Company
B) File Number: 811-5301
C) Telephone Number: (302) 594-2987
2.A) Street: One Alico Plaza, 600 King Street
B) City: Wilmington C) State: DE D) Zip Code: 19801 Zip Ext.:
E) Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by the Registrant?(Y or N) --N---
4. Is this the last filing on this form by the Registrant?(Y or N) ---N---
5. Is Registrant a small business investment company (SBIC)?(Y or N) --N--
6. Is Registrant a unit investment trust (UIT)?(Y or N) --------Y---------
UNIT INVESTMENT TRUSTS
for period ending: 12/31/98
File Number: 811-5301
127. Life opposite the appropriate description below the number of series whose
portfolios are invested primarily (based upon a percentage of NAV) in each
type of security shown, the aggregate total assets at market value as of a
date at or neat the end of the current period of each such group of series
and the total income distributions made by each such group of series during
the current period (excluding distributions of realized gains, if any):
Number of Total Assest Total Income
Series ($000's omitted) Distributions
Investing ($000's omitted)
A. U.S. Treasury
direct issue __________ __________ _________
B. U.S. Government
agency ___________ __________ _________
C. State and municipal
tax-free ___________ __________ _________
D. Public utility
debt ___________ __________ _________
E. Brokers or dealers
debt or debt of
brokers' or dealers'
parent ___________ __________ _________
F. All other corporate
intermed. & long-term
debt ___________ __________ __________
G. All other corporate
short-term debt ___________ __________ __________
H. Equity securities of
brokers or dealers
or parents of
brokers or dealers ___________ __________ __________
I. Investment company
equity securities ___________ __________ __________
J. All other equity
securities $1,619,784 $ 67,696
K. Other securities ___________ __________ __________
L. Total assets of all
series of
registrant $ 1,619,784 $ 67,696
131. Total expenses incurred by all series of Registrant during the current
reporting period ($000's omitted) $ 17,736
