AIM VARIABLE INSURANCE FUNDS INC
NSAR-B, 1996-02-27
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 896435
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AIM VARIABLE INSURANCE FUNDS, INC.
001 B000000 811-7452
001 C000000 7132141919
002 A000000 ELEVEN GREENWAY PLAZA, SUITE 1919
002 B000000 HOUSTON
002 C000000 TX
002 D010000 77046
002 D020000 1173
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  9
007 C010100  1
007 C020100 AIM V.I. CAPITAL APPRECIATION FUND
007 C030100 N
007 C010200  2
007 C020200 AIM V.I. DIVERSIFIED INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 AIM V.I. GOVERNMENT SECURITIES FUND
007 C030300 N
007 C010400  4
007 C020400 AIM V.I. GROWTH FUND
007 C030400 N
007 C010500  5
007 C020500 AIM V.I. INTERNATIONAL EQUITY FUND
007 C030500 N
007 C010600  6
007 C020600 AIM V.I. MONEY MARKET FUND
007 C030600 N
007 C010700  7
007 C020700 AIM V.I. VALUE FUND
007 C030700 N
007 C010800  8
007 C020800 AIM V.I. GROWTH & INCOME FUND
007 C030800 N
007 C010900  9
007 C020900 AIM V.I. GLOBAL UTILITIES FUND
007 C030900 N
007 C011000 10
<PAGE>      PAGE  2
008 A00AA01 AIM ADVISORS, INC.
008 B00AA01 A
008 C00AA01 801-12313
008 D01AA01 HOUSTON
008 D02AA01 TX
008 D03AA01 77046
008 D04AA01 1173
011 A00AA01 AIM DISTRIBUTOR'S, INC
011 B00AA01 8-21323
011 C01AA01 HOUSTON
011 C02AA01 TX
011 C03AA01 77046
012 A00AA01 STATE STREET BANK & TRUST
012 B00AA01 85-5003
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
013 A00AA01 TAIT, WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19102
013 B04AA01 1707
015 A00AA01 STATE STREET BANK & TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
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019 C00AA00 AIMFUNDSAA
020 A000001 GOLDMAN, SACHS & CO.
020 B000001 13-5108880
020 C000001    218
020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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020 A000003 MORGAN STANLEY & CO. INCORPORATED
020 B000003 13-2655998
020 C000003    115
020 A000004 SHEARSON LEHMAN BROTHERS INC.
020 B000004 13-2518466
020 C000004    106
020 A000005 INVESTACORP, INC.
020 B000005 59-1790176
020 C000005     95
020 A000006 FIRST BOSTON CORPORATION (THE)
020 B000006 13-5659485
020 C000006     91
020 A000007 BMA FINANCIAL SERVICES, INC.
<PAGE>      PAGE  3
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020 A000008 SMITH BARNEY, HARRIS UPHAM & CO. INCORPORATED
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020 C000008     74
020 A000009 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
020 B000009 13-2741729
020 C000009     70
020 A000010 INSTINET CORPORATION
020 B000010 13-3443395
020 C000010     67
021  000000     1926
022 A000001 DAIWA SECURITIES AMERICA, INC.
022 B000001 13-5680329
022 C000001   2931775
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022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
022 C000002   2143452
022 D000002     11860
022 A000003 SWISS BANK CORPORATION INVESMENT BANKING INC.
022 B000003 13-2639550
022 C000003   1809537
022 D000003     25964
022 A000004 SHEARSON LEHMAN BROTHERS INC.
022 B000004 13-2518466
022 C000004    343772
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022 A000005 UBS SECURITIES INC.
022 B000005 13-2932996
022 C000005    237716
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022 A000006 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
022 B000006 13-3551367
022 C000006    160215
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022 A000007 MORGAN STANLEY & CO. INC.
022 B000007 13-2655998
022 C000007    148209
022 D000007      9132
022 A000008 BEAR, STEARNS & CO. INC.
022 B000008 13-3299429
022 C000008    119866
022 D000008      2109
022 A000009 DEUTSCHE BANK CAPITAL CORP.
022 B000009 13-6124068
022 C000009    115619
022 D000009       153
022 A000010 NIKKO SECURITIES CO. INC.
022 B000010 94-1302123
022 C000010     78000
<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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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  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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028 F030900         0
028 F040900         0
028 G010900      3018
028 G020900       160
028 G030900         0
028 G040900       575
028 H000900         0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.000
048 A010900   250000
048 A020900 0.650
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
<PAGE>      PAGE  38
048 K010900   250000
048 K020900 0.600
049  000900 N
050  000900 N
051  000900 N
052  000900 N
053 A000900 Y
053 B000900 Y
062 A000900 N
062 B000900   0.0
062 C000900   0.0
062 D000900   0.0
062 E000900   0.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900   0.0
062 N000900   0.0
062 O000900   0.0
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 N
066 E000900 Y
066 F000900 N
066 G000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
<PAGE>      PAGE  39
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900      6845
071 B000900      2778
071 C000900      4822
071 D000900   63
072 A000900 11
072 B000900       81
072 C000900      171
072 D000900        0
072 E000900        0
072 F000900       33
072 G000900        0
072 H000900        0
072 I000900        1
072 J000900       21
072 K000900        0
072 L000900        0
072 M000900        5
072 N000900        0
072 O000900        0
072 P000900        0
072 Q000900       33
072 R000900        5
072 S000900       18
072 T000900        0
072 U000900        0
072 V000900        0
072 W000900        1
072 X000900      117
072 Y000900       46
<PAGE>      PAGE  40
072 Z000900      181
072AA000900      153
072BB000900       73
072CC010900      929
072CC020900        0
072DD010900      186
072DD020900        0
072EE000900        9
073 A010900   0.3100
073 A020900   0.0000
073 B000900   0.0140
073 C000900   0.0000
074 A000900       20
074 B000900      627
074 C000900        0
074 D000900     1689
074 E000900       99
074 F000900     5894
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900        1
074 K000900        5
074 L000900       93
074 M000900        5
074 N000900     8433
074 O000900       22
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900       17
074 S000900        0
074 T000900     8394
074 U010900      721
074 U020900        0
074 V010900    11.64
074 V020900     0.00
074 W000900   0.0000
074 X000900        2
074 Y000900        0
075 A000900        0
075 B000900     5259
076  000900     0.00
SIGNATURE   JOHN J. ARTHUR                               
TITLE       SR V.P. & TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I.
Capital Appreciation Fund series for the December, 1995 annual 
report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> AIM V.I. CAPITAL APPRECIATION FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                        172435151
<INVESTMENTS-AT-VALUE>                       211782961
<RECEIVABLES>                                   623677
<ASSETS-OTHER>                                   15757
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               212422395
<PAYABLE-FOR-SECURITIES>                        126516
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       143456
<TOTAL-LIABILITIES>                             269972
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     172910083
<SHARES-COMMON-STOCK>                         12822408
<SHARES-COMMON-PRIOR>                          7318355
<ACCUMULATED-NII-CURRENT>                       516011
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (491023)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      39217352
<NET-ASSETS>                                 212152423
<DIVIDEND-INCOME>                               286021
<INTEREST-INCOME>                              1270163
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1023581
<NET-INVESTMENT-INCOME>                         532603
<REALIZED-GAINS-CURRENT>                       3521243
<APPREC-INCREASE-CURRENT>                     33203988
<NET-CHANGE-FROM-OPS>                         37257834
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (45369)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        6155688
<NUMBER-OF-SHARES-REDEEMED>                   (654458)
<SHARES-REINVESTED>                               2823
<NET-CHANGE-IN-ASSETS>                       123975151
<ACCUMULATED-NII-PRIOR>                          28777
<ACCUMULATED-GAINS-PRIOR>                    (4012266)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           882870
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1023581
<AVERAGE-NET-ASSETS>                         148432750
<PER-SHARE-NAV-BEGIN>                            12.05
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           4.46
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.55
<EXPENSE-RATIO>                                   0.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. 
Diversified Income Fund series for the December 31, 1995 annual 
report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> AIM V.I. DIVERSIFIED INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         42232557
<INVESTMENTS-AT-VALUE>                        43642532
<RECEIVABLES>                                  1010773
<ASSETS-OTHER>                                   15048
<OTHER-ITEMS-ASSETS>                             21896
<TOTAL-ASSETS>                                44690249
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        60104
<TOTAL-LIABILITIES>                              60104
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      43080526
<SHARES-COMMON-STOCK>                          4461727
<SHARES-COMMON-PRIOR>                          2770435
<ACCUMULATED-NII-CURRENT>                       987410
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (871395)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1433604
<NET-ASSETS>                                  44630145
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2745013
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  284604
<NET-INVESTMENT-INCOME>                        2460409
<REALIZED-GAINS-CURRENT>                        675894
<APPREC-INCREASE-CURRENT>                      2440780
<NET-CHANGE-FROM-OPS>                          5577083
<EQUALIZATION>                                  653844
<DISTRIBUTIONS-OF-INCOME>                    (2879611)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1807566
<NUMBER-OF-SHARES-REDEEMED>                   (409796)
<SHARES-REINVESTED>                             293522
<NET-CHANGE-IN-ASSETS>                        19358960
<ACCUMULATED-NII-PRIOR>                         752768
<ACCUMULATED-GAINS-PRIOR>                    (1547289)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           193008
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 284604
<AVERAGE-NET-ASSETS>                          35153645
<PER-SHARE-NAV-BEGIN>                             9.12
<PER-SHARE-NII>                                   0.69
<PER-SHARE-GAIN-APPREC>                           0.94
<PER-SHARE-DIVIDEND>                            (0.75)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.00
<EXPENSE-RATIO>                                   0.88
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I.
Government Securities Fund series for the December 31, 1995 annual 
report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 3
   <NAME> AIM V.I. GOVERNMENT SECURITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         18692275
<INVESTMENTS-AT-VALUE>                        19327299
<RECEIVABLES>                                   235597
<ASSETS-OTHER>                                   23864
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                19586760
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        41369
<TOTAL-LIABILITIES>                              41369
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      18951306
<SHARES-COMMON-STOCK>                          1921357
<SHARES-COMMON-PRIOR>                          1372034
<ACCUMULATED-NII-CURRENT>                       409777
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (450716)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        635024
<NET-ASSETS>                                  19545391
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               990824
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  169584
<NET-INVESTMENT-INCOME>                         821240
<REALIZED-GAINS-CURRENT>                      (148986)
<APPREC-INCREASE-CURRENT>                      1343577
<NET-CHANGE-FROM-OPS>                          2015831
<EQUALIZATION>                                  199339
<DISTRIBUTIONS-OF-INCOME>                     (852380)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         693584
<NUMBER-OF-SHARES-REDEEMED>                   (229935)
<SHARES-REINVESTED>                              85675
<NET-CHANGE-IN-ASSETS>                        12887216
<ACCUMULATED-NII-PRIOR>                         241578
<ACCUMULATED-GAINS-PRIOR>                     (301730)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            71080
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 169584
<AVERAGE-NET-ASSETS>                          15535425
<PER-SHARE-NAV-BEGIN>                             9.39
<PER-SHARE-NII>                                   0.54
<PER-SHARE-GAIN-APPREC>                           0.74
<PER-SHARE-DIVIDEND>                            (0.50)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.17
<EXPENSE-RATIO>                                   1.19
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I.
Growth Fund series for the December 31, 1995 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 4
   <NAME> AIM V.I. GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         92358116
<INVESTMENTS-AT-VALUE>                       102491904
<RECEIVABLES>                                  1570140
<ASSETS-OTHER>                                   15172
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               104077216
<PAYABLE-FOR-SECURITIES>                       1468849
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         8255
<TOTAL-LIABILITIES>                            1477104
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      84619787
<SHARES-COMMON-STOCK>                          7107114
<SHARES-COMMON-PRIOR>                          4248627
<ACCUMULATED-NII-CURRENT>                       628628
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        7067210
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      10284487
<NET-ASSETS>                                 102600112
<DIVIDEND-INCOME>                               564913
<INTEREST-INCOME>                               635065
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  562543
<NET-INVESTMENT-INCOME>                         637435
<REALIZED-GAINS-CURRENT>                       9511105
<APPREC-INCREASE-CURRENT>                      8357905
<NET-CHANGE-FROM-OPS>                         18506445
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (48608)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3110541
<NUMBER-OF-SHARES-REDEEMED>                   (255480)
<SHARES-REINVESTED>                               3426
<NET-CHANGE-IN-ASSETS>                        57103096
<ACCUMULATED-NII-PRIOR>                          39801
<ACCUMULATED-GAINS-PRIOR>                    (2443895)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           434620
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 562543
<AVERAGE-NET-ASSETS>                          73070671
<PER-SHARE-NAV-BEGIN>                            10.71
<PER-SHARE-NII>                                   0.09
<PER-SHARE-GAIN-APPREC>                           3.65
<PER-SHARE-DIVIDEND>                            (0.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.44
<EXPENSE-RATIO>                                   0.84
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I.
International Equity Fund series for the December 31, 1995 annual
report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 5
   <NAME> AIM V.I. INTERNATIONAL EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         66760505
<INVESTMENTS-AT-VALUE>                        77992061
<RECEIVABLES>                                  1705064
<ASSETS-OTHER>                                   14798
<OTHER-ITEMS-ASSETS>                           3986961
<TOTAL-ASSETS>                                83698884
<PAYABLE-FOR-SECURITIES>                       1280092
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       161937
<TOTAL-LIABILITIES>                            1442029
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      71759941
<SHARES-COMMON-STOCK>                          6020540
<SHARES-COMMON-PRIOR>                          4989995
<ACCUMULATED-NII-CURRENT>                       374899
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1106243)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      11235528
<NET-ASSETS>                                  82256855
<DIVIDEND-INCOME>                               972190
<INTEREST-INCOME>                               184428
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  699094
<NET-INVESTMENT-INCOME>                         457524
<REALIZED-GAINS-CURRENT>                      (107659)
<APPREC-INCREASE-CURRENT>                     13454304
<NET-CHANGE-FROM-OPS>                         13804169
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (123270)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1612585
<NUMBER-OF-SHARES-REDEEMED>                   (591239)
<SHARES-REINVESTED>                               9199
<NET-CHANGE-IN-ASSETS>                        27237776
<ACCUMULATED-NII-PRIOR>                         127710
<ACCUMULATED-GAINS-PRIOR>                    (1092919)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           457559
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 699094
<AVERAGE-NET-ASSETS>                          66670268
<PER-SHARE-NAV-BEGIN>                            11.03
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           2.58
<PER-SHARE-DIVIDEND>                            (0.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.66
<EXPENSE-RATIO>                                   1.15
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. 
Money Market Fund series for the December 31, 1995 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 6
   <NAME> AIM V.I. MONEY MARKET FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         65140712
<INVESTMENTS-AT-VALUE>                        65140712
<RECEIVABLES>                                   383892
<ASSETS-OTHER>                                   14916
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                65539520
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        33766
<TOTAL-LIABILITIES>                              33766
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      65521991
<SHARES-COMMON-STOCK>                         65521991
<SHARES-COMMON-PRIOR>                         31015948
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (16237)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  65505754
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2503796
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  225554
<NET-INVESTMENT-INCOME>                        2278242
<REALIZED-GAINS-CURRENT>                       (17141)
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          2261101
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2278242
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       80119674
<NUMBER-OF-SHARES-REDEEMED>                 (47891871)
<SHARES-REINVESTED>                            2278241
<NET-CHANGE-IN-ASSETS>                        34488902
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          904
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           168901
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 225554
<AVERAGE-NET-ASSETS>                          46144418
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (0.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. 
Value Fund series for the December 31, 1995 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 7
   <NAME> AIM V.I. VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                        227669641
<INVESTMENTS-AT-VALUE>                       256791581
<RECEIVABLES>                                  1327163
<ASSETS-OTHER>                                   16033
<OTHER-ITEMS-ASSETS>                             57844
<TOTAL-ASSETS>                               258192621
<PAYABLE-FOR-SECURITIES>                        795777
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<SHARES-COMMON-PRIOR>                          9234449
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<ACCUMULATED-NET-GAINS>                       16941375
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      29895158
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<DIVIDEND-INCOME>                              1723041
<INTEREST-INCOME>                              1353855
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1240651
<NET-INVESTMENT-INCOME>                        1836245
<REALIZED-GAINS-CURRENT>                      19312304
<APPREC-INCREASE-CURRENT>                     25543678
<NET-CHANGE-FROM-OPS>                         46692227
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (124487)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        6903801
<NUMBER-OF-SHARES-REDEEMED>                   (176240)
<SHARES-REINVESTED>                               7829
<NET-CHANGE-IN-ASSETS>                       147954320
<ACCUMULATED-NII-PRIOR>                         107823
<ACCUMULATED-GAINS-PRIOR>                    (2370929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1078007
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1240651
<AVERAGE-NET-ASSETS>                         181240121
<PER-SHARE-NAV-BEGIN>                            11.83
<PER-SHARE-NII>                                   0.11
<PER-SHARE-GAIN-APPREC>                           4.18
<PER-SHARE-DIVIDEND>                            (0.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.11
<EXPENSE-RATIO>                                   0.75
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. 
Growth and Income Fund series for the December 31, 1995 annual
report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 8
   <NAME> AIM V.I. GROWTH AND INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         36207923
<INVESTMENTS-AT-VALUE>                        38749195
<RECEIVABLES>                                   260853
<ASSETS-OTHER>                                    5252
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                39015300
<PAYABLE-FOR-SECURITIES>                        376637
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        71451
<TOTAL-LIABILITIES>                             448088
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      35794953
<SHARES-COMMON-STOCK>                          3041229
<SHARES-COMMON-PRIOR>                           739467
<ACCUMULATED-NII-CURRENT>                        10307
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         220680
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       2541272
<NET-ASSETS>                                  38567212
<DIVIDEND-INCOME>                               327833
<INTEREST-INCOME>                               145216
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  136678
<NET-INVESTMENT-INCOME>                         336371
<REALIZED-GAINS-CURRENT>                       1441764
<APPREC-INCREASE-CURRENT>                      2467076
<NET-CHANGE-FROM-OPS>                          4245211
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (325888)
<DISTRIBUTIONS-OF-GAINS>                     (1114895)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2208514
<NUMBER-OF-SHARES-REDEEMED>                      22290
<SHARES-REINVESTED>                             115538
<NET-CHANGE-IN-ASSETS>                        31187066
<ACCUMULATED-NII-PRIOR>                          (176)
<ACCUMULATED-GAINS-PRIOR>                     (106189)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           181621
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 204480
<AVERAGE-NET-ASSETS>                          19135889
<PER-SHARE-NAV-BEGIN>                             9.98
<PER-SHARE-NII>                                   0.14
<PER-SHARE-GAIN-APPREC>                           3.11
<PER-SHARE-DIVIDEND>                            (0.14)
<PER-SHARE-DISTRIBUTIONS>                       (0.41)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.68
<EXPENSE-RATIO>                                   0.78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This shedule contains summary financial information for the AIM V.I. 
Global Utilities Fund series for the December 31, 1995 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 9
   <NAME> AIM V.I. GLOBAL UTILITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   11-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                          7345626
<INVESTMENTS-AT-VALUE>                         8309070
<RECEIVABLES>                                    98650
<ASSETS-OTHER>                                    5181
<OTHER-ITEMS-ASSETS>                             20328
<TOTAL-ASSETS>                                 8433229
<PAYABLE-FOR-SECURITIES>                         21873
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        17389
<TOTAL-LIABILITIES>                              39262
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7423006
<SHARES-COMMON-STOCK>                           721345
<SHARES-COMMON-PRIOR>                           305237
<ACCUMULATED-NII-CURRENT>                          769
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8441
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        963289
<NET-ASSETS>                                   8393967
<DIVIDEND-INCOME>                               170888
<INTEREST-INCOME>                                80845
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   70788
<NET-INVESTMENT-INCOME>                         180945
<REALIZED-GAINS-CURRENT>                         80096
<APPREC-INCREASE-CURRENT>                       929383
<NET-CHANGE-FROM-OPS>                          1190424
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (186096)
<DISTRIBUTIONS-OF-GAINS>                        (9403)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         535828
<NUMBER-OF-SHARES-REDEEMED>                   (134462)
<SHARES-REINVESTED>                              17742
<NET-CHANGE-IN-ASSETS>                         5436300
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            32703
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 117291
<AVERAGE-NET-ASSETS>                           5261394
<PER-SHARE-NAV-BEGIN>                             9.69
<PER-SHARE-NII>                                   0.29
<PER-SHARE-GAIN-APPREC>                           1.98
<PER-SHARE-DIVIDEND>                            (0.31)
<PER-SHARE-DISTRIBUTIONS>                       (0.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.64
<EXPENSE-RATIO>                                   1.47
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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