AIM VARIABLE INSURANCE FUNDS INC
NSAR-B, 1999-03-01
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0000896435
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 7136261919
002 A000000 11 GREENWAY PLAZA, SUITE 100
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 13
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 AND 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
007 C021000 AIM V.I. AGGRESSIVE GROWTH FUND
007 C031000 N
007 C011100 11
007 C021100 AIM V.I. BALANCED FUND
007 C031100 N
007 C011200 12
007 C021200 AIM V.I. CAPITAL DEVELOPMENT FUND
007 C031200 N
007 C011300 13
007 C021300 AIM V.I. HIGH YIELD FUND
007 C031300 N
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 DISTRIBUTORS, INC.
011 B00AA01 8-21323
011 C01AA01 HOUSTON
011 C02AA01 TX
011 C03AA01 77046
011 C04AA01 1173
012 A00AA01 STATE STREET BANK AND TRUST
012 B00AA01 85-5003
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
013 A00AA01 TAIT WELLER AND BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
013 B04AA01 2108
015 A00AA01 STATE STREET BANK AND TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   91
019 C00AA00 AIMFUNDSAA
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000001 13-5674085
020 C000001    674
020 A000002 GOLDMAN, SACHS & CO.
020 B000002 13-5108880
020 C000002    473
020 A000003 MORGAN STANLEY DEAN WITTER & CO.
<PAGE>      PAGE  3
020 B000003 13-2655998
020 C000003    394
020 A000004 SALOMON SMITH BARNEY HOLDINGS INC.
020 B000004 22-1660266
020 C000004    341
020 A000005 INSTINET CORPORATION
020 B000005 13-3443395
020 C000005    301
020 A000006 WARBURG DILLON READ LLC
020 B000006 13-3873456
020 C000006    282
020 A000007 PAINE WEBBER INC.
020 B000007 13-2638166
020 C000007    267
020 A000008 DEUTSCHE MORGAN GRENFELL INC.
020 B000008 13-2730828
020 C000008    251
020 A000009 CREDIT SUISSE FIRST BOSTON CORP.
020 B000009 13-5659485
020 C000009    248
020 A000010 BT ALEX BROWN INC.
020 B000010 52-1319768
020 C000010    244
021  000000     7491
022 A000001 MORGAN STANLEY DEAN WITTER & CO.
022 B000001 13-2655998
022 C000001  16057378
022 D000001     92376
022 A000002 WARBURG DILLON READ LLC
022 B000002 13-3873456
022 C000002  10981361
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022 A000003 GOLDMAN, SACHS & CO.
022 B000003 13-5108880
022 C000003   7281645
022 D000003    178427
022 A000004 HSBC SECURITIES, INC.
022 B000004 13-2650272
022 C000004   4375787
022 D000004     41351
022 A000005 DRESDNER KLEINWORT BENSON NORTH AMERICA LLC
022 B000005 13-3894311
022 C000005   2820958
022 D000005    112669
022 A000006 DEUTSCHE MORGAN GRENFELL INC.
022 B000006 13-2730828
022 C000006   2618323
022 D000006     50430
022 A000007 SALOMON SMITH BARNEY HOLDINGS, INC.
022 B000007 22-1660266
022 C000007   2077080
<PAGE>      PAGE  4
022 D000007    103609
022 A000008 CREDIT SUISSE FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008   1248472
022 D000008     86302
022 A000009 BARCLAY CAPITAL INC.
022 B000009 06-1031656
022 C000009   1177777
022 D000009     10800
022 A000010 UBS SECURITIES LLC
022 B000010 13-3873456
022 C000010   1150839
022 D000010      1742
023 C000000   55731602
023 D000000   40051646
026 A000000 Y
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054 G00AA00 N
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077 A000000 Y
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<PAGE>      PAGE  5
077 Q010000 Y
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080 A00AA00 ICI MUTUAL INSURANCE CO.
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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
076  000100     0.00
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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  37
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<PAGE>      PAGE  38
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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<PAGE>      PAGE  44
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<PAGE>      PAGE  45
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<PAGE>      PAGE  46
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<PAGE>      PAGE  47
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<PAGE>      PAGE  48
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024  001100 Y
025 A001101 SBC WARBURG DILLON READ INC.
025 B001101 13-3873456
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<PAGE>      PAGE  49
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<PAGE>      PAGE  50
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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025 A001201 SBC WARBURG DILLON READ INC.
025 B001201 13-3873456
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<PAGE>      PAGE  53
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<PAGE>      PAGE  54
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<PAGE>      PAGE  55
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<PAGE>      PAGE  56
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072 P001200        0
072 Q001200       27
072 R001200        0
072 S001200        8
072 T001200        0
072 U001200        0
072 V001200        0
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072 Y001200       59
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072BB001200      303
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073 A011200   0.0360
073 A021200   0.0000
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073 C001200   0.0000
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074 D001200        0
074 E001200        0
074 F001200     2881
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        9
074 K001200       50
074 L001200       28
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074 O001200       34
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<PAGE>      PAGE  57
074 V011200     9.21
074 V021200     0.00
074 W001200   0.0000
074 X001200        1
074 Y001200        0
075 A001200        0
075 B001200     1891
076  001200     0.00
024  001300 Y
025 A001301 SBC WARBURG DILLON READ INC.
025 B001301 13-3873456
025 C001301 D
025 D001301     356
028 A011300       567
028 A021300         0
028 A031300         0
028 A041300         0
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028 C011300       437
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028 C031300         0
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028 D011300       671
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028 D031300         0
028 D041300        58
028 E011300      1173
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028 G011300      5056
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029  001300 N
030 A001300      0
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030 C001300  0.00
034  001300 N
035  001300      0
036 B001300      0
037  001300 N
038  001300      0
<PAGE>      PAGE  58
039  001300 N
040  001300 N
041  001300 N
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.000
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048 A021300 0.625
048 B011300   300000
048 B021300 0.550
048 C011300   500000
048 C021300 0.500
048 D011300        0
048 D021300 0.000
048 E011300        0
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300  1000000
048 K021300 0.450
049  001300 N
050  001300 N
051  001300 N
052  001300 N
053 A001300 Y
053 B001300 Y
053 C001300 N
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   4.5
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   0.0
062 M001300   0.0
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<PAGE>      PAGE  59
062 P001300  91.4
062 Q001300   0.0
062 R001300   1.1
063 A001300   0
063 B001300  7.5
064 A001300 N
064 B001300 Y
065  001300 N
066 A001300 N
067  001300 N
068 A001300 N
068 B001300 N
069  001300 N
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070 A021300 Y
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 Y
070 K011300 Y
070 K021300 N
070 L011300 Y
070 L021300 N
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 N
071 A001300      9741
071 B001300      1711
<PAGE>      PAGE  60
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071 D001300   39
072 A001300  8
072 B001300      360
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072 D001300        0
072 E001300        0
072 F001300       21
072 G001300        0
072 H001300        0
072 I001300        1
072 J001300       12
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072 L001300        2
072 M001300        6
072 N001300        0
072 O001300        0
072 P001300        0
072 Q001300       27
072 R001300        0
072 S001300       11
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072 U001300        0
072 V001300        0
072 W001300        3
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072 Y001300       46
072 Z001300      323
072AA001300        8
072BB001300      375
072CC011300        0
072CC021300      326
072DD011300      330
072DD021300        0
072EE001300        0
073 A011300   0.3970
073 A021300   0.0000
073 B001300   0.0000
073 C001300   0.0000
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074 B001300      356
074 C001300        0
074 D001300     7279
074 E001300       83
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300        8
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074 L001300      210
<PAGE>      PAGE  61
074 M001300        6
074 N001300     7978
074 O001300        0
074 P001300        1
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300       11
074 S001300        0
074 T001300     7966
074 U011300      901
074 U021300        0
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074 X001300        1
074 Y001300        0
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075 B001300     4973
076  001300     0.00
SIGNATURE   JOHN J. ARHTUR                               
TITLE       SR VP & TREASURER   
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
V. I. Capital Appreciation Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> AIM V.I. CAPITAL APPRECIATION
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        443985820
<INVESTMENTS-AT-VALUE>                       634153469
<RECEIVABLES>                                 14677710
<ASSETS-OTHER>                                   28245
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               648859424
<PAYABLE-FOR-SECURITIES>                       1236530
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       374891
<TOTAL-LIABILITIES>                            1611421
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     434303451
<SHARES-COMMON-STOCK>                         25689529
<SHARES-COMMON-PRIOR>                         24031390
<ACCUMULATED-NII-CURRENT>                       700362
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       22076541
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     190167649
<NET-ASSETS>                                 647248003
<DIVIDEND-INCOME>                              2782124
<INTEREST-INCOME>                              1619969
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (3770512)
<NET-INVESTMENT-INCOME>                         631581
<REALIZED-GAINS-CURRENT>                      22808693
<APPREC-INCREASE-CURRENT>                     78385559
<NET-CHANGE-FROM-OPS>                        101825833
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (922615)
<DISTRIBUTIONS-OF-GAINS>                    (16345246)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4333736
<NUMBER-OF-SHARES-REDEEMED>                  (3416071)
<SHARES-REINVESTED>                             740474
<NET-CHANGE-IN-ASSETS>                       124467925
<ACCUMULATED-NII-PRIOR>                         876543
<ACCUMULATED-GAINS-PRIOR>                     15712724
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3521837
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                3779984
<AVERAGE-NET-ASSETS>                         566139574
<PER-SHARE-NAV-BEGIN>                            21.75
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                           4.12
<PER-SHARE-DIVIDEND>                             (.04)
<PER-SHARE-DISTRIBUTIONS>                        (.65)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              25.20
<EXPENSE-RATIO>                                    .67
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
V. I. Diversified Income Fund December 31, 1998 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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         94344460
<INVESTMENTS-AT-VALUE>                        94430433
<RECEIVABLES>                                  2107326
<ASSETS-OTHER>                                   22465
<OTHER-ITEMS-ASSETS>                            144120
<TOTAL-ASSETS>                                96704344
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       258991
<TOTAL-LIABILITIES>                             258991
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      90723425
<SHARES-COMMON-STOCK>                          8818969
<SHARES-COMMON-PRIOR>                          7914436
<ACCUMULATED-NII-CURRENT>                      5805150
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (311599)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        228377
<NET-ASSETS>                                  96445353
<DIVIDEND-INCOME>                                81920
<INTEREST-INCOME>                              7419812
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (741092)
<NET-INVESTMENT-INCOME>                        6761255
<REALIZED-GAINS-CURRENT>                      (884777)
<APPREC-INCREASE-CURRENT>                    (2586149)
<NET-CHANGE-FROM-OPS>                          3290329
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (4724444)
<DISTRIBUTIONS-OF-GAINS>                     (1507363)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2291048
<NUMBER-OF-SHARES-REDEEMED>                  (1956150)
<SHARES-REINVESTED>                             569635
<NET-CHANGE-IN-ASSETS>                         7126701
<ACCUMULATED-NII-PRIOR>                        4195077
<ACCUMULATED-GAINS-PRIOR>                      1653803
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           580119
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 741092
<AVERAGE-NET-ASSETS>                          96686554
<PER-SHARE-NAV-BEGIN>                            11.29
<PER-SHARE-NII>                                    .75
<PER-SHARE-GAIN-APPREC>                          (.35)
<PER-SHARE-DIVIDEND>                             (.57)
<PER-SHARE-DISTRIBUTIONS>                        (.18)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.94
<EXPENSE-RATIO>                                    .77
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
V. I. Government Securities Fund December 31, 1998 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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         73936283
<INVESTMENTS-AT-VALUE>                        75119334
<RECEIVABLES>                                   519410
<ASSETS-OTHER>                                   28197
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                75666941
<PAYABLE-FOR-SECURITIES>                      15929375
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1552885
<TOTAL-LIABILITIES>                           17482260
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      54757995
<SHARES-COMMON-STOCK>                          5205570
<SHARES-COMMON-PRIOR>                          3167800
<ACCUMULATED-NII-CURRENT>                      2488745
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (245110)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1183051
<NET-ASSETS>                                  58184681
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2890554
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (359941)
<NET-INVESTMENT-INCOME>                        2530613
<REALIZED-GAINS-CURRENT>                        241993
<APPREC-INCREASE-CURRENT>                       445919
<NET-CHANGE-FROM-OPS>                          3218525
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (1611964)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3062093
<NUMBER-OF-SHARES-REDEEMED>                  (1168506)
<SHARES-REINVESTED>                             144183
<NET-CHANGE-IN-ASSETS>                        24384885
<ACCUMULATED-NII-PRIOR>                        1585397
<ACCUMULATED-GAINS-PRIOR>                     (507409)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           221956
<INTEREST-EXPENSE>                               20591
<GROSS-EXPENSE>                                 359941
<AVERAGE-NET-ASSETS>                          44391219
<PER-SHARE-NAV-BEGIN>                            10.67
<PER-SHARE-NII>                                    .63
<PER-SHARE-GAIN-APPREC>                            .20
<PER-SHARE-DIVIDEND>                             (.32)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.18
<EXPENSE-RATIO>                                    .76
<AVG-DEBT-OUTSTANDING>                          940000
<AVG-DEBT-PER-SHARE>                               .24
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Growth Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 4
   <NAME> AIM V.I. GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        249372103
<INVESTMENTS-AT-VALUE>                       369688954
<RECEIVABLES>                                  3493895
<ASSETS-OTHER>                                   25249
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               373208098
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1293347
<TOTAL-LIABILITIES>                            1293347
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     228804314
<SHARES-COMMON-STOCK>                         14997262
<SHARES-COMMON-PRIOR>                         13054326
<ACCUMULATED-NII-CURRENT>                      1232493
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       21770496
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     120107448
<NET-ASSETS>                                 371914751
<DIVIDEND-INCOME>                              1895594
<INTEREST-INCOME>                              1514487
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2180021
<NET-INVESTMENT-INCOME>                        1230060
<REALIZED-GAINS-CURRENT>                      22257031
<APPREC-INCREASE-CURRENT>                     68057550
<NET-CHANGE-FROM-OPS>                         91544641
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1180373
<DISTRIBUTIONS-OF-GAINS>                      22129920
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2345258
<NUMBER-OF-SHARES-REDEEMED>                  (1407943)
<SHARES-REINVESTED>                            1005621
<NET-CHANGE-IN-ASSETS>                       113062981
<ACCUMULATED-NII-PRIOR>                        1182806
<ACCUMULATED-GAINS-PRIOR>                     21643385
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1941818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2180021
<AVERAGE-NET-ASSETS>                         302803063
<PER-SHARE-NAV-BEGIN>                            19.83
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                           6.57
<PER-SHARE-DIVIDEND>                             (.09)
<PER-SHARE-DISTRIBUTIONS>                       (1.59)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.80
<EXPENSE-RATIO>                                    .72
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
International Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 5
   <NAME> AIM V.I. INTERNATIONAL FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        182932292
<INVESTMENTS-AT-VALUE>                       239050552
<RECEIVABLES>                                   620306
<ASSETS-OTHER>                                   23692
<OTHER-ITEMS-ASSETS>                            982733
<TOTAL-ASSETS>                               240677283
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       362971
<TOTAL-LIABILITIES>                             362971
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     170399034
<SHARES-COMMON-STOCK>                         12249573
<SHARES-COMMON-PRIOR>                         12319556
<ACCUMULATED-NII-CURRENT>                      1934360
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       11825802
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      56155116
<NET-ASSETS>                                 240314312
<DIVIDEND-INCOME>                              3026033
<INTEREST-INCOME>                               937102
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (2110806)
<NET-INVESTMENT-INCOME>                        1852329
<REALIZED-GAINS-CURRENT>                      13261554
<APPREC-INCREASE-CURRENT>                     15969669
<NET-CHANGE-FROM-OPS>                         31083552
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (1910166)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2410075
<NUMBER-OF-SHARES-REDEEMED>                  (2581125)
<SHARES-REINVESTED>                             101067
<NET-CHANGE-IN-ASSETS>                        29291727
<ACCUMULATED-NII-PRIOR>                        1134854
<ACCUMULATED-GAINS-PRIOR>                     (580780)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1744127
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2112223
<AVERAGE-NET-ASSETS>                         232550286
<PER-SHARE-NAV-BEGIN>                            17.13
<PER-SHARE-NII>                                    .15
<PER-SHARE-GAIN-APPREC>                           2.50
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.62
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Money Market Fund December 31, 1998 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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         63980500
<INVESTMENTS-AT-VALUE>                        63980500
<RECEIVABLES>                                   150387
<ASSETS-OTHER>                                   22524
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                64153411
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        63088
<TOTAL-LIABILITIES>                              63088
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      64090266
<SHARES-COMMON-STOCK>                         64090266
<SHARES-COMMON-PRIOR>                         58634564
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             57
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  64090323
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3483093
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (367317)
<NET-INVESTMENT-INCOME>                        3115776
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          3115776
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (3115776)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      100181770
<NUMBER-OF-SHARES-REDEEMED>                 (97841844)
<SHARES-REINVESTED>                            3115776
<NET-CHANGE-IN-ASSETS>                         5455702
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           57
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           252407
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 367317
<AVERAGE-NET-ASSETS>                          63101740
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .58
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Value Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 7
   <NAME> AIM V.I. VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        902523920
<INVESTMENTS-AT-VALUE>                      1233608185
<RECEIVABLES>                                  4758068
<ASSETS-OTHER>                                   44723
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1238410976
<PAYABLE-FOR-SECURITIES>                      15933766
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1093665
<TOTAL-LIABILITIES>                           17027431
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     855502720
<SHARES-COMMON-STOCK>                         46535623
<SHARES-COMMON-PRIOR>                         33161794
<ACCUMULATED-NII-CURRENT>                      6191169
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       28274001
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     331415655
<NET-ASSETS>                                1221383545
<DIVIDEND-INCOME>                              7033962
<INTEREST-INCOME>                              5125076
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (5974352)
<NET-INVESTMENT-INCOME>                        6184686
<REALIZED-GAINS-CURRENT>                      30475488
<APPREC-INCREASE-CURRENT>                    230113292
<NET-CHANGE-FROM-OPS>                        266773466
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (5622957)
<DISTRIBUTIONS-OF-GAINS>                    (49732413)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       13690852
<NUMBER-OF-SHARES-REDEEMED>                  (2542811)
<SHARES-REINVESTED>                            2225788
<NET-CHANGE-IN-ASSETS>                       530542052
<ACCUMULATED-NII-PRIOR>                        5579627
<ACCUMULATED-GAINS-PRIOR>                     47575497
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          5570566
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5978079
<AVERAGE-NET-ASSETS>                         907594296
<PER-SHARE-NAV-BEGIN>                            20.83
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                           6.59
<PER-SHARE-DIVIDEND>                             (.13)
<PER-SHARE-DISTRIBUTIONS>                       (1.13)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              26.25
<EXPENSE-RATIO>                                    .66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Growth and Income Fund December 31, 1998 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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        965305784
<INVESTMENTS-AT-VALUE>                      1277949006
<RECEIVABLES>                                 26842653
<ASSETS-OTHER>                                   36060
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1304827719
<PAYABLE-FOR-SECURITIES>                      39326193
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3442757
<TOTAL-LIABILITIES>                           42768950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     935990892
<SHARES-COMMON-STOCK>                         53131024
<SHARES-COMMON-PRIOR>                         33868543
<ACCUMULATED-NII-CURRENT>                     11997368
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2532381
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     311538128
<NET-ASSETS>                                1262058769
<DIVIDEND-INCOME>                             10826657
<INTEREST-INCOME>                              7206342
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (5883476)
<NET-INVESTMENT-INCOME>                       12149523
<REALIZED-GAINS-CURRENT>                       5086770
<APPREC-INCREASE-CURRENT>                    224324487
<NET-CHANGE-FROM-OPS>                        241560780
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (4873870)
<DISTRIBUTIONS-OF-GAINS>                    (12029125)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       19890074
<NUMBER-OF-SHARES-REDEEMED>                  (1379171)
<SHARES-REINVESTED>                             751578
<NET-CHANGE-IN-ASSETS>                       622946224
<ACCUMULATED-NII-PRIOR>                        4850844
<ACCUMULATED-GAINS-PRIOR>                      9421873
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          5556833
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5901562
<AVERAGE-NET-ASSETS>                         905305521
<PER-SHARE-NAV-BEGIN>                            18.87
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                           4.95
<PER-SHARE-DIVIDEND>                             (.09)
<PER-SHARE-DISTRIBUTIONS>                        (.24)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.75
<EXPENSE-RATIO>                                    .65
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Global Utilities Fund December 31, 1998 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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         20094279
<INVESTMENTS-AT-VALUE>                        27996448
<RECEIVABLES>                                   159314
<ASSETS-OTHER>                                   18328
<OTHER-ITEMS-ASSETS>                               423
<TOTAL-ASSETS>                                28174513
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        40885
<TOTAL-LIABILITIES>                              40885
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      19698693
<SHARES-COMMON-STOCK>                          1620177
<SHARES-COMMON-PRIOR>                          1446730
<ACCUMULATED-NII-CURRENT>                       608138
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (75451)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       7902248
<NET-ASSETS>                                  28133628
<DIVIDEND-INCOME>                               488969
<INTEREST-INCOME>                               396662
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (275051)
<NET-INVESTMENT-INCOME>                         610580
<REALIZED-GAINS-CURRENT>                       (59962)
<APPREC-INCREASE-CURRENT>                      3278654
<NET-CHANGE-FROM-OPS>                          3829272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (450038)
<DISTRIBUTIONS-OF-GAINS>                      (187121)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         516028
<NUMBER-OF-SHARES-REDEEMED>                   (380439)
<SHARES-REINVESTED>                              37858
<NET-CHANGE-IN-ASSETS>                         6054767
<ACCUMULATED-NII-PRIOR>                         439576
<ACCUMULATED-GAINS-PRIOR>                       179652
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           161488
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 275327
<AVERAGE-NET-ASSETS>                          24844324
<PER-SHARE-NAV-BEGIN>                            15.26
<PER-SHARE-NII>                                    .35
<PER-SHARE-GAIN-APPREC>                           2.15
<PER-SHARE-DIVIDEND>                             (.28)
<PER-SHARE-DISTRIBUTIONS>                        (.12)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.36
<EXPENSE-RATIO>                                   1.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Aggressive Growth Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 10
   <NAME> AIM V.I. AGGRESSIVE GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   8-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          3761644
<INVESTMENTS-AT-VALUE>                         4434854
<RECEIVABLES>                                    72029
<ASSETS-OTHER>                                    2778
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4509661
<PAYABLE-FOR-SECURITIES>                        100750
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         9808
<TOTAL-LIABILITIES>                             110558
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4108916
<SHARES-COMMON-STOCK>                           446621
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (2786)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (395537)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        688510
<NET-ASSETS>                                   4399103
<DIVIDEND-INCOME>                                 1129
<INTEREST-INCOME>                                33438
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (18902)
<NET-INVESTMENT-INCOME>                          15665
<REALIZED-GAINS-CURRENT>                      (395537)
<APPREC-INCREASE-CURRENT>                       688510
<NET-CHANGE-FROM-OPS>                           308638
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (22273)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         464162
<NUMBER-OF-SHARES-REDEEMED>                    (19962)
<SHARES-REINVESTED>                               2421
<NET-CHANGE-IN-ASSETS>                         4399103
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            13054
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  75421
<AVERAGE-NET-ASSETS>                           2430925
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                          (.14)
<PER-SHARE-DIVIDEND>                             (.04)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.01)
<PER-SHARE-NAV-END>                               9.85
<EXPENSE-RATIO>                                   1.16
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Balanced Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 11
   <NAME> AIM V.I. BALANCED FUND
       
<S>                             <C>
<PERIOD-TYPE>                   8-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          9616611
<INVESTMENTS-AT-VALUE>                        10197967
<RECEIVABLES>                                   176528
<ASSETS-OTHER>                                    2779
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                10377274
<PAYABLE-FOR-SECURITIES>                         24717
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         9221
<TOTAL-LIABILITIES>                              33938
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       9536421
<SHARES-COMMON-STOCK>                           928627
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (2790)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         109017
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        700688
<NET-ASSETS>                                  10343336
<DIVIDEND-INCOME>                                 3473
<INTEREST-INCOME>                               135187
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (33469)
<NET-INVESTMENT-INCOME>                         105191
<REALIZED-GAINS-CURRENT>                        135495
<APPREC-INCREASE-CURRENT>                       700688
<NET-CHANGE-FROM-OPS>                           941374
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (115294)
<DISTRIBUTIONS-OF-GAINS>                       (20295)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         954695
<NUMBER-OF-SHARES-REDEEMED>                    (38646)
<SHARES-REINVESTED>                              12578
<NET-CHANGE-IN-ASSETS>                        10343336
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            21238
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  80247
<AVERAGE-NET-ASSETS>                           4218617
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .12
<PER-SHARE-GAIN-APPREC>                           1.18
<PER-SHARE-DIVIDEND>                             (.14)
<PER-SHARE-DISTRIBUTIONS>                        (.02)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.14
<EXPENSE-RATIO>                                   1.18
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
Capital Development Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 12
   <NAME> AIM V.I. CAPITAL DEVELOPMENT FUND
       
<S>                             <C>
<PERIOD-TYPE>                   8-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          2831945
<INVESTMENTS-AT-VALUE>                         3126893
<RECEIVABLES>                                    87266
<ASSETS-OTHER>                                    2777
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 3216936
<PAYABLE-FOR-SECURITIES>                         34293
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        10175
<TOTAL-LIABILITIES>                              44468
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       3134630
<SHARES-COMMON-STOCK>                           344450
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          (3061)
<ACCUMULATED-NET-GAINS>                       (254049)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        294948
<NET-ASSETS>                                   3172468
<DIVIDEND-INCOME>                                 4034
<INTEREST-INCOME>                                19212
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (15120)
<NET-INVESTMENT-INCOME>                           8126
<REALIZED-GAINS-CURRENT>                      (254021)
<APPREC-INCREASE-CURRENT>                       294948
<NET-CHANGE-FROM-OPS>                            49053
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (12074)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         403978
<NUMBER-OF-SHARES-REDEEMED>                    (60954)
<SHARES-REINVESTED>                               1426
<NET-CHANGE-IN-ASSETS>                         3172468
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             9522
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  73660
<AVERAGE-NET-ASSETS>                           1891388
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                          (.78)
<PER-SHARE-DIVIDEND>                             (.04)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.21
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM V.I.
High Yield Fund December 31, 1998 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
   <NUMBER> 13
   <NAME> AIM V.I. HIGH YIELD FUND
       
<S>                             <C>
<PERIOD-TYPE>                   8-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          8051856
<INVESTMENTS-AT-VALUE>                         7726106
<RECEIVABLES>                                   238319
<ASSETS-OTHER>                                    6183
<OTHER-ITEMS-ASSETS>                              7980
<TOTAL-ASSETS>                                 7978588
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        12287
<TOTAL-LIABILITIES>                              12287
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       8662066
<SHARES-COMMON-STOCK>                           901675
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (2785)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (367230)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (325750)
<NET-ASSETS>                                   7966301
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               360052
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (36691)
<NET-INVESTMENT-INCOME>                         323361
<REALIZED-GAINS-CURRENT>                      (367230)
<APPREC-INCREASE-CURRENT>                     (325750)
<NET-CHANGE-FROM-OPS>                         (369619)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (330305)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         910186
<NUMBER-OF-SHARES-REDEEMED>                    (46088)
<SHARES-REINVESTED>                              37577
<NET-CHANGE-IN-ASSETS>                         7966301
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            20728
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  82872
<AVERAGE-NET-ASSETS>                           4940917
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .39
<PER-SHARE-GAIN-APPREC>                         (1.15)
<PER-SHARE-DIVIDEND>                             (.40)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.84
<EXPENSE-RATIO>                                   1.13
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

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