USLICO SERIES FUND/VA/
NSAR-A, 1999-08-23
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<PAGE>      PAGE  1
000 A000000 06/30/1999
000 C000000 0000827885
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000 J000000 A
001 A000000 USLICO SERIES FUND
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001 C000000 6123423418
002 A000000 20 WASHINGTON AVENUE SOUTH, ROUTE 3842
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55401
002 D020000 1900
003  000000 N
004  000000 N
005  000000 N
006  000000 N
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<PAGE>      PAGE  2
008 A00AA01 RELIASTAR INVESTMENT RESEARCH, INC.
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008 C00AA01 801-16715
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55401
008 A00AA02 PILGRIM BAXTER VALUE INVESTORS, INC.
008 B00AA02 S
008 C00AA02 801-33560
008 D01AA02 WAYNE
008 D02AA02 PA
008 D03AA02 19087
010 A00AA01 STATE STREET BANK AND TRUST CO.
010 B00AA01 8505003
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
011 A00AA01 WASHINGTON SQUARE SECURITIES, INC.
011 B00AA01 8-13987
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55401
012 A00AA01 STATE STREET BANK AND TRUST CO.
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012 C01AA01 BOSTON
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013 B04AA01 1844
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014 B00AA01 8-13987
015 A00AA01 STATE STREET BANK AND TRUST CO.
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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SIGNATURE   ROBERT B. SAGINAW
TITLE       COUNSEL



<TABLE> <S> <C>

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<CIK> 0000827885
<NAME> USLICO SERIES FUND
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     <NAME> COMMON STOCK
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<NET-INVESTMENT-INCOME>                            161
<REALIZED-GAINS-CURRENT>                         3,744
<APPREC-INCREASE-CURRENT>                       (1,427)
<NET-CHANGE-FROM-OPS>                            2,478
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (168)
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<NUMBER-OF-SHARES-REDEEMED>                        (35)
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<NET-CHANGE-IN-ASSETS>                           1,971
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<PER-SHARE-NAV-BEGIN>                            13.64
<PER-SHARE-NII>                                   0.08
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<PER-SHARE-DIVIDEND>                             (0.08)
<PER-SHARE-DISTRIBUTIONS>                        (0.08)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.69
<EXPENSE-RATIO>                                   0.44


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000827885
<NAME> USLICO SERIES FUND
<SERIES>
     <NUMBER> 2
     <NAME> MONEY MARKET
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
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<PERIOD-END>                               JUN-30-1999
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<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                        (21)
<SHARES-REINVESTED>                                120
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<EXPENSE-RATIO>                                   0.44


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000827885
<NAME> USLICO SERIES FUND
<SERIES>
     <NUMBER> 3
     <NAME> BOND
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
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<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                            2,913
<INVESTMENTS-AT-VALUE>                           2,765
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                     2,825
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<NET-INVESTMENT-INCOME>                             69
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<AVERAGE-NET-ASSETS>                             2,821
<PER-SHARE-NAV-BEGIN>                             9.74
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<PER-SHARE-NAV-END>                               9.38
<EXPENSE-RATIO>                                   0.44


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000827885
<NAME> USLICO SERIES FUND
<SERIES>
     <NUMBER> 4
     <NAME> ASSET ALLOCATION
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
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<REALIZED-GAINS-CURRENT>                         1,248
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<PER-SHARE-NAV-BEGIN>                            11.92
<PER-SHARE-NII>                                   0.17
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<PER-SHARE-DIVIDEND>                             (0.17)
<PER-SHARE-DISTRIBUTIONS>                        (0.03)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.25
<EXPENSE-RATIO>                                   0.44


</TABLE>


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