AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 14, 2000
- -------------------------------------------------------------------------------
FILE NOS. 033-65381
811-07467
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
POST-EFFECTIVE AMENDMENT NO. 6 /X/
AND/OR
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940
AMENDMENT NO. 12 /X/
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
(Exact Name of Registrant)
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
(Name of Depositor)
ONE ALLSTATE DRIVE
P.O. BOX 9095
FARMINGVILLE, NEW YORK 11738
516-451-5300
(Address and Telephone Number of Depositor's Principal Offices)
MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
3100 SANDERS ROAD
NORTHBROOK, ILLINOIS 60062
847-402-2400
(Name, Complete Address and Telephone Number of Agent for Service)
COPIES TO:
RICHARD T. CHOI, ESQUIRE TERRY R. YOUNG, ESQUIRE
FREEDMAN, LEVY, KROLL & SIMONDS ALLSTATE LIFE FINANCIAL SERVICES, INC.
1050 CONNECTICUT AVENUE, N.W. 3100 SANDERS ROAD
SUITE 825 NORTHBROOK, IL 60062
WASHINGTON, D.C. 20036-5366
Approximate date of proposed public offering: Continuous
IT IS PROPOSED THAT THIS FILING WILL BECOME EFFECTIVE
(CHECK APPROPRIATE BOX)
/X/ immediately upon filing pursuant to paragraph (b) of Rule 485
/ / on (date) pursuant to paragraph (b) of Rule 485
/ / 60 days after filing pursuant to paragraph (a)(1) of Rule 485
/ / on (date) pursuant to paragraph (a)(i) of Rule 485
IF APPROPRIATE, CHECK THE FOLLOWING BOX:
/ / This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
Title of Securities Being Registered: Units of Interest in the Allstate Life of
New York Separate Account A under deferred variable annuity contracts.
<PAGE>
Explanatory Note
Registrant is filing this post-effective amendment ("Amendment") for the purpose
of adding four new variable sub-accounts that will be available under the AIM
Lifetime Plus(SM) II Variable Annuity contract and to add certain performance
information for eight variable sub-accounts of the AIM Lifetime Plus(SM)
Variable Annuity contract, both described in the registration statement. The
Amendment is not intended to amend or delete any part of the registration
statement, except as specifically noted herein.
<PAGE>
Allstate Life Insurance Company of New York
Allstate Life of New York Separate Account A
Supplement, dated February 14, 2000, to
AIM Lifetime Plus(SM) II Variable Annuity Prospectus
dated December 30, 1999
This supplement amends the above-referenced prospectus for the AIM Lifetime
Plus(SM) II Variable Annuity Contract (the "Contract"), offered by Allstate Life
Insurance Company of New York, to add four new Variable Sub-Accounts. Please
keep this supplement for future reference together with your prospectus.
Cover page: Replace the second paragraph with the following:
The Contract currently offers 19 investment alternatives ("investment
alternatives"). The investment alternatives include 2 fixed account options
("Fixed Account Options") and 17 variable sub-accounts ("Variable
Sub-Accounts") of the Allstate Life of New York Separate Account A
("Variable Account"). Each Variable Sub-Account invests exclusively in
shares of one of the following funds ("Funds") of AIM Variable Insurance
Funds, Inc.:
AIM V.I. Aggressive Growth Fund AIM V.I. Global Utilities Fund
AIM V.I. Balanced Fund AIM V.I. Government Securities Fund
AIM V.I. Blue Chip Fund AIM V.I. Growth Fund
AIM V.I. Capital Appreciation Fund AIM V.I. Growth and Income Fund
AIM V.I. Capital Development Fund AIM V.I. High Yield Fund
AIM V.I. Dent Demographics Fund AIM V.I. International Equity Fund
AIM V.I. Diversified Income Fund AIM V.I. Money Market Fund
AIM V.I. Global Growth and Income Fund AIM V.I. Telecommunications Fund
AIM V.I. Value Fund
Change all references throughout the prospectus to the availability of "13"
Variable Sub-Accounts to "17" Variable Sub-Accounts, and "15" investment
alternatives to "19" investment alternatives.
Page 8: Insert the following to the chart describing Fund Annual Expenses:
<TABLE>
<CAPTION>
------------------------------------------------- ------------------ ----------------- ------------------
Total Annual
Fund Management Fees Other Expenses Fund Expenses
<S> <C> <C> <C>
AIM V.I. Blue Chip Fund(2) 0.75% 0.55% 1.30%
AIM V.I. Dent Demographics Fund(2) 0.85% 0.55% 1.40%
AIM V.I. Global Growth and Income Fund(2) 1.00% 0.45% 1.45%
AIM V.I. Telecommunications Fund(2) 1.00% 0.44% 1.44%
------------------------------------------------- ------------------ ----------------- ------------------
</TABLE>
Page 8: Insert the following footnote after footnote 1 to the chart describing
Fund Annual Expenses:
(2) The AIM V.I. Blue Chip, Dent Demographics, Global Growth and Income,
and Telecommunications Funds commenced operations on December 30, 1999,
December 30, 1999, October 15, 1999 and October 15, 1999 respectively. The
management fee, other expenses and total annual fund operating expenses are
based on estimates for the Funds' first full fiscal year.
Page 8: Insert the following to Example 1:
<TABLE>
<CAPTION>
SUB-ACCOUNT 1 YEAR 3 YEARS 5 YEARS 10 YEARS
-------------------- ------ ------- ------- --------
<S> <C> <C> <C> <C>
AIM V.I. Blue Chip $87 $129 $171 $302
AIM V.I. Dent Demographics $88 $127 $165 $287
AIM V.I. Global Growth and Income $88 $133 $178 $316
AIM V.I. Telecommunications $88 $133 $178 $315
</TABLE>
Page 8: Insert the following to Example 2:
<TABLE>
<CAPTION>
SUB-ACCOUNT 1 YEAR 3 YEARS 5 YEARS 10 YEARS
-------------------- ------ ------- ------- --------
<S> <C> <C> <C> <C>
AIM V.I. Blue Chip $27 $84 $142 $302
AIM V.I. Dent Demographics $28 $81 $136 $287
AIM V.I. Global Growth and Income $29 $88 $150 $316
AIM V.I. Telecommunications $29 $88 $150 $315
</TABLE>
Page 10: Replace the last sentence of the second paragraph under Financial
Information with the following:
The financial statements of Allstate New York and the variable Account as
of December 31, 1998 and 1997 and for the two years ended December 31,
1998, appear in the Statement of Additional Information. Unaudited
financial statements of the Variable Account and Allstate New York as of an
for the period ended September 30, 1999 also appear in the Statement of
Additional Information.
Page 15: Insert the following to the table describing the investment objective
of each Fund:
<TABLE>
<CAPTION>
-------------------------------------------------- ---------------------------------------------------------
<S> <C>
Fund: Each Fund Seeks:
-------------------------------------------------- ---------------------------------------------------------
AIM V.I. Blue Chip Fund Long-term growth of capital with a secondary objective
of current income
-------------------------------------------------- ---------------------------------------------------------
AIM V.I. Dent Demographics Fund Long-term growth of capital; the fund's investment objective
may be changed by the fund's Board of Directors without
shareholders' approval
-------------------------------------------------- ---------------------------------------------------------
AIM V.I. Global Growth and Income Fund Long-term growth of capital together with current income
-------------------------------------------------- ---------------------------------------------------------
AIM V.I. Telecommunications Fund Long-term growth of capital
-------------------------------------------------- ---------------------------------------------------------
</TABLE>
Page 28: Replace the first sentence of the third paragraph under heading "THE
VARIABLE ACCOUNT" with the following:
The Variable Account consists of multiple Variable Sub-Accounts 17 which
are currently available for investment under the Contract.
<PAGE>
Allstate Life Insurance Company of New York
Allstate Life of New York Separate Account A
Supplement, dated February 14, 2000, to
AIM Lifetime Plus(SM) II Variable Annuity
Statement of Additional Information
dated December 30, 1999
This supplement amends the above-referenced Statement of Additional Information
("SAI") for the AIM Lifetime Plus(SM) II Variable Annuity Contract (the
"Contract"), offered by Allstate Life Insurance Company of New York, to add four
new Variable Sub-Accounts.
Page 4: Replace the last sentence of the fourth pargraph under Standardized
Total Returns with the following:
In addition, no standardized total returns are shown for the AIM V.I. Blue
Chip, AIM V.I. Dent Demographics, AIM V.I. Global Growth and Income, and
AIM V.I. Telecommunications Variable Sub-Accounts which commenced
operations on January 3, 2000, and no standardized total returns are shown
for the AIM V.I. Aggressive Growth, AIM V.I. Balanced, AIM V.I. Capital
Development, and AIM V.I. High Yield Variable Sub-Accounts, as the
inception date of these Sub-Accounts is October 25, 1999.
Page 4: Insert the following to the chart describing the inception dates of the
Variable Sub-Accounts:
AIM V.I. Blue Chip January 3, 2000
AIM V.I. Dent Demographics January 3, 2000
AIM V.I. Global Growth and Income January 3, 2000
AIM V.I. Telecommunications January 3, 2000
Page 5: Replace the third sentence of the third paragraph under Non-Standardized
Total Returns with the following:
In addition, no non-standardized total returns are shown for the AIM V.I.
Blue Chip, AIM V.I. Dent Demographics, AIM V.I. Global Growth and Income,
and AIM V.I. Telecommunications Variable Sub-Accounts, which commenced
operations on January 3, 2000, and no non-standardized total returns are
shown for the AIM V.I. Aggressive Growth, AIM V.I. Balanced, AIM V.I.
Capital Development, and AIM V.I. High Yield Variable Sub-Accounts, as the
inception date of these Sub-Accounts is October 25, 1999.
Page 6: Replace the first sentence of the second paragraph under Adjusted
Historical Total Returns with the following:
Except as otherwise noted, the adjusted historical total returns for the
Variable Sub-Accounts for the periods ended June 30, 1999 are set out
below.
Page 6: Insert the following to the chart describing the inception dates of the
Funds:
Inception Date of
Variable Sub-Account Corresponding Fund
- -------------------- ------------------
AIM V.I. Blue Chip* December 30, 1999
AIM V.I. Dent Demographics* December 30, 1999
AIM V.I. Global Growth and Income* October 15, 1999
AIM V.I. Telecommunications* October 15, 1999
*The adjusted historical total returns for these Variable Sub-Accounts are shown
for the periods ended January 31, 2000.
Page 6: Insert the following to the table describing adjusted historical total
returns without the enhanced death benefit option:
<TABLE>
<CAPTION>
10 Years
or Since Inception of
Variable Sub-Account One Year Five Years Fund (if less)
- -------------------- -------- ---------- ---------------------
<S> <C> <C> <C>
AIM V.I. Blue Chip N/A N/A -8.92%*
AIM V.I. Dent Demographics N/A N/A -7.98%*
AIM V.I. Global Growth and Income -9.82% 10.30% 9.17%
AIM V.I. Telecommunications 68.30% 31.23% 27.02%
</TABLE>
Page 7: Insert the following to the table describing adjusted historical total
returns with the enhanced death benefit option:
<TABLE>
<CAPTION>
10 Years
or Since Inception of
Variable Sub-Account One Year Five Years Fund (if less)
- -------------------- -------- ---------- ---------------------
<S> <C> <C> <C>
AIM V.I. Blue Chip N/A N/A -8.93%*
AIM V.I. Dent Demographics N/A N/A -7.99%*
AIM V.I. Global Growth and Income -9.84% 10.30% 9.17%
AIM V.I. Telecommunications 68.27% 31.23% 27.01%
</TABLE>
*Adjusted historical total returns for the AIM V.I. Blue Chip and Dent
Demographics Variable Sub-Accounts are not annualized.
<PAGE>
Page 14: Replace the sentence under the heading "Experts" with the following:
The financial statements and related financial statement schedules of Allstate
New York as of December 31, 1998 and 1997 and for each of the three years in the
period ended December 31, 1998 that appear in this Statement of Additional
Information have been audited by Deloitte & Touche LLP, independent auditors, as
stated in their report appearing herein, and are included in reliance upon the
report of such firm given upon their authority as experts in accounting and
auditing.
The financial statements of the Variable Account as of December 31, 1998 and for
the periods ended December 31, 1998 and December 31, 1997 that appear in this
Statement of Additional Information have been audited by Deloitte & Touche LLP,
independent auditors, as stated in their report appearing herein, and are
included in reliance upon the report of such firm given upon their authority as
experts in accounting and auditing.
Page 15: Replace the first sentence under "Financial Statements" with the
following:
The financial statements of the Variable Account as of and for the periods ended
December 31, 1998, the financial statements and related financial statement
schedules of Allstate New York as of December 31, 1998 and for each of the three
years in the period ended December 31, 1998 and the accompanying Independent
Auditors' Reports appear on the pages that follow. The financial statements of
the Variable Account and Allstate New York as of and for the periods ended
September 30, 1999 also appear on the pages that follow and are unaudited.
Financial Statements: Insert the following unaudited financial statements for
the Variable Account and Allstate New York after the audited financial
statements for the Variable Account and Allstate New York as of and for the
periods ended December 31, 1998 that are included in the AIM Lifetime Plus(SM)
II Variable Annuity Statement of Additional Information dated December 30, 1999.
<PAGE>
Allstate Life Insurance Company of New York
Allstate Life of New York Separate Account A
Supplement, dated February 14,
2000, to AIM Lifetime Plus(SM)
Variable Annuity
Statement of Additional Information
dated May 1, 1999
This supplement amends the above-referenced Statement of Additional Information
("SAI") for the AIM Lifetime Plus(SM) Variable Annuity Contract (the
"Contract"), offered by Allstate Life Insurance Company of New York, to add
eight new Variable Sub-Accounts.
Page 5: Insert the following at the end of the first paragraph:
In addition, no standardized total returns are shown for the AIM V.I. Blue Chip,
AIM V.I. Dent Demographics, AIM V.I. Global Growth and Income, and AIM V.I.
Telecommunications Variable Sub-Accounts, which commenced operations on January
3, 2000, and no standardized total returns are shown for the AIM V.I. Aggressive
Growth, AIM V.I. Balanced, AIM V.I. Capital Development, and AIM V.I. High Yield
Variable Sub-Accounts, as the inception date of these Sub-Accounts is October
25, 1999.
The inception dates of the Variable Sub-Accounts are as follows:
AIM V.I. Aggressive Growth October 25, 1999
AIM V.I. Balanced October 25, 1999
AIM V. I. Blue Chip January 3, 2000
AIM V.I. Capital Appreciation October 14, 1996
AIM V.I. Capital Development October 25, 1999
AIM V. I. Dent Demographics January 3, 2000
AIM V.I. Diversified Income October 14, 1996
AIM V. I. Global Growth and Income January 3, 2000
AIM V.I. Global Utilities October 14, 1996
AIM V.I. Government Securities October 14, 1996
AIM V.I. Growth October 14, 1996
AIM V.I. Growth & Income October 14, 1996
AIM V.I. High Yield October 25, 1999
AIM V.I. International Equity October 14, 1996
AIM V. I. Telecommunications January 3, 2000
AIM V.I. Value October 14, 1996
Page 5: Delete the footnote from the table in the column "Since Inception."
Page 5: Insert the following at the end of the third paragraph under
Non-Standardized Total Returns:
In addition, no non-standardized total returns are shown for the AIM V.I. Blue
Chip, AIM V.I. Dent Demographics, AIM V.I. Global Growth and Income, and AIM
V.I. Telecommunications Variable Sub-Accounts, which commenced operations on
January 3, 2000, and no non-standardized total returns are shown for the AIM
V.I. Aggressive Growth, AIM V.I. Balanced, AIM V.I. Capital Development, and AIM
V.I. High Yield Variable Sub-Accounts, as the inception date of these
Sub-Accounts is October 25, 1999.
The inception date of each Variable Sub-Account appears under "Standardized
Total Returns," above.
Page 5: Delete the footnote from the table in the column "Since Inception."
Page 5: Replace the first sentence of the second paragraph under Adjusted
Historical Total Returns with the following:
Except as otherwise noted, the adjusted historical total returns for the
Variable Sub-Accounts for the periods ended December 31, 1998 are set out below.
Page 5: Insert the following to the table describing adjusted historical total
returns without the enhanced death benefit option:
<TABLE>
<CAPTION>
10 Years or
Since Inception of
Variable Sub-Account One Year Five Years Fund (if less)*
- -------------------- -------- ---------- ------------------
<S> <C> <C> <C>
AIM V.I. Aggressive Growth** 32.95% N/A 16.88%
AIM V.I. Balanced** 6.72% N/A 12.31%
AIM V.I. Capital Development** 20.25% N/A 4.73%
AIM V.I. High Yield** 2.30% N/A -5.36%
AIM V.I. Blue Chip** N/A N/A -8.92%***
AIM V.I. Dent Demographics** N/A N/A -7.98%***
AIM V.I. Global Growth and Income** 68.30% 31.23% 27.02%
AIM V.I. Telecommunications** -9.82% 10.30% 9.17%
</TABLE>
**The adjusted historical total returns for these Variable Sub-Accounts are
shown for the periods ended January 31, 2000.
***Adjusted historical total returns for the AIM V.I. Blue Chip and Dent
Demographics Variable Sub-Accounts are not annualized.
Page 5: Insert the following to the footnote describing the inception dates of
the Funds:
AIM V.I. Aggressive Growth May 1, 1998
AIM V.I. Balanced May 1, 1998
AIM V.I. Capital Development May 1, 1998
AIM V.I. High Yield May 1, 1998
AIM V.I. Blue Chip December 30, 1999
AIM V.I. Dent Demographics December 30, 1999
AIM V.I. Global Growth and Income October 15, 1999
AIM V.I. Telecommunications October 15, 1999
<PAGE>
Page 11: Replace the sentence under the heading "Experts" with the following:
The financial statements and related financial statement schedules of Allstate
New York as of December 31, 1998 and 1997 and for each of the three years in the
period ended December 31, 1998 that appear in this Statement of Additional
Information have been audited by Deloitte & Touche LLP, independent auditors, as
stated in their report appearing herein, and are included in reliance upon the
report of such firm given upon their authority as experts in accounting and
auditing.
The financial statements of the Variable Account as of December 31, 1998 and for
the periods ended December 31, 1998 and December 31, 1997 that appear in this
Statement of Additional Information have been audited by Deloitte & Touche LLP,
independent auditors, as stated in their report appearing herein, and are
included in reliance upon the report of such firm given upon their authority as
experts in accounting and auditing.
Page 12: Replace the first sentence under "Financial Statements" with the
following:
The financial statements of the Variable Account as of and for the periods ended
December 31, 1998, the financial statements and related financial statement
schedules of Allstate New York as of December 31, 1998 and for each of the three
years in the period ended December 31, 1998 and the accompanying Independent
Auditors' Reports appear on the pages that follow. The financial statements of
the Variable Account and Allstate New York as of and for the periods ended
September 30, 1999 also appear on the pages that follow and are unaudited.
Financial Statements: Insert the following unaudited financial statements for
the Variable Account and Allstate New York after the audited financial
statements for the Variable Account and Allstate New York as of and for the
periods ended December 31, 1998 that are included in the AIM Lifetime Plus(SM)
Variable Annuity Statement of Additional Information dated May 1, 1999.
<PAGE>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 1999
(unaudited)
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
STATEMENT OF NET ASSETS
September 30, 1999
- --------------------------------------------------------------------------------------------------------
(unaudited)
<S> <C>
ASSETS
Allocation to Sub-Accounts investing in the AIM Variable Insurance Funds, Inc.:
Capital Appreciation, 234,394 shares (cost $5,524,240) $ 6,291,130
Diversified Income, 233,413 shares (cost $2,586,488) 2,497,524
Global Utilities, 48,852 shares (cost $844,756) 899,856
Government Securities, 172,071 shares (cost $1,921,416) 1,897,943
Growth, 260,910 shares (cost $6,117,965) 7,141,106
Growth and Income, 434,796 shares (cost $9,569,076) 11,243,829
International Equity, 148,528 shares (cost $2,813,370) 3,184,447
Money Market, 1,518,289 shares (cost $1,518,289) 1,518,289
Value, 567,592 shares (cost $14,677,368) 16,437,465
------------------
Total Assets 51,111,589
LIABILITIES
Payable to Allstate Life Insurance Company of New York:
Accrued contract maintenance charges 14,729
------------------
Net Assets $ 51,096,860
==================
</TABLE>
See notes to financial statements
2
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
STATEMENTS OF OPERATIONS
- -----------------------------------------------------------------------------------------------------------------
(unaudited)
AIM Variable Insurance Funds, Inc. Sub-Accounts
--------------------------------------------------------------------
For the Nine Months Ended September 30, 1999
--------------------------------------------------------------------
Capital Diversified Global Government
Appreciation Income Utilities Securities Growth
----------- ------------ ------------ ----------- -----------
<S> <C> <C> <C> <C> <C>
INVESTMENT INCOME
Dividends $ - $ - $ - $ - $ -
Charges from Allstate Life Insurance Company:
of New York
Mortality and expense risk (50,929) (19,586) (5,942) (27,184) (54,944)
Administrative expense (3,772) (1,451) (440) (2,014) (4,070)
----------- ------------ ------------ ----------- -----------
Net investment income (loss) (54,701) (21,037) (6,382) (29,198) (59,014)
REALIZED AND UNREALIZED GAINS
(LOSSES) ON INVESTMENTS
Realized gains (losses) from sales of investments:
Proceeds from sales 135,739 328,134 78,167 2,002,538 219,395
Cost of investments sold 128,686 338,962 70,930 2,132,604 198,369
----------- ------------ ------------ ----------- -----------
Net realized gains (losses) 7,053 (10,828) 7,237 (130,066) 21,026
----------- ------------ ------------ ----------- -----------
Change in unrealized gains (losses) 291,759 (30,396) 23,953 (19,311) 451,102
----------- ------------ ------------ ----------- -----------
Net gains (losses) on investments 298,812 (41,224) 31,190 (149,377) 472,128
----------- ------------ ------------ ----------- -----------
CHANGE IN NET ASSETS
RESULTING FROM OPERATIONS $ 244,111 $ (62,261) $ 24,808 $ (178,575) $ 413,114
=========== ============ ============ =========== ===========
</TABLE>
See notes to financial statements.
3
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
STATEMENTS OF OPERATIONS
- ----------------------------------------------------------------------------------------------------
(unaudited)
AIM Variable Insurance Funds, Inc. Sub-Accounts
------------------------------------------------------
For the Nine Months Ended September 30, 1999
------------------------------------------------------
Growth and International Money
Income Equity Market Value
----------- ------------ ------------ -----------
<S> <C> <C> <C> <C>
INVESTMENT INCOME
Dividends $ - $ - $ 40,384 $ -
Charges from Allstate Life Insurance Company:
of New York
Mortality and expense risk (87,617) (24,167) (12,311) (108,944)
Administrative expense (6,490) (1,790) (912) (8,070)
----------- ------------ ------------ -----------
Net investment income (loss) (94,107) (25,957) 27,161 (117,014)
REALIZED AND UNREALIZED GAINS
(LOSSES) ON INVESTMENTS
Realized gains (losses) from sales of investments:
Proceeds from sales 328,635 130,636 243,291 242,116
Cost of investments sold 263,594 120,919 243,291 214,182
----------- ------------ ------------ -----------
Net realized gains (losses) 65,041 9,717 - 27,934
----------- ------------ ------------ -----------
Change in unrealized gains (losses) 490,792 225,562 - 667,107
----------- ------------ ------------ -----------
Net gains (losses) on investments 555,833 235,279 - 695,041
----------- ------------ ------------ -----------
CHANGE IN NET ASSETS
RESULTING FROM OPERATIONS $ 461,726 $ 209,322 $ 27,161 $ 578,027
=========== ============ ============ ===========
</TABLE>
See notes to financial statements.
4
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
For the Nine Months Ended September 30, 1999
- -----------------------------------------------------------------------------------------------------------------------------------
(unaudited)
AIM Variable Insurance Funds, Inc. Sub-Accounts
-----------------------------------------------------------------------------
Capital Diversified Global Government
Appreciation Income Utilities Securities Growth
-------------- -------------- -------------- -------------- --------------
<S> <C> <C> <C> <C> <C>
FROM OPERATIONS
Net investment income (loss) $ (54,701) $ (21,037) $ (6,382) $ (29,198) $ (59,014)
Net realized gains (losses) 7,053 (10,828) 7,237 (130,066) 21,026
Change in unrealized gains (losses) 291,759 (30,396) 23,953 (19,311) 451,102
-------------- -------------- -------------- -------------- --------------
Change in net assets resulting from operations 244,111 (62,261) 24,808 (178,575) 413,114
-------------- -------------- -------------- -------------- --------------
FROM CAPITAL TRANSACTIONS
Deposits 1,470,908 975,385 540,379 558,978 2,356,996
Benefit payments (7,042) - - - -
Payments on termination (155,912) (124,328) (12,782) (394,522) (246,175)
Contract maintenance charges (1,967) (646) (271) 145 (2,202)
Transfers among the sub-accounts
and with the Fixed Account - net 435,084 (56,168) (47,041) (1,660,806) 431,788
-------------- -------------- -------------- -------------- --------------
Change in net assets resulting
from capital transactions 1,741,071 794,243 480,285 (1,496,205) 2,540,407
-------------- -------------- -------------- -------------- --------------
INCREASE (DECREASE) IN NET ASSETS 1,985,182 731,982 505,093 (1,674,780) 2,953,521
NET ASSETS AT BEGINNING OF PERIOD 4,304,136 1,764,822 394,504 3,572,174 4,185,527
-------------- -------------- -------------- -------------- --------------
NET ASSETS AT END OF PERIOD $ 6,289,318 $ 2,496,804 $ 899,597 $ 1,897,394 $ 7,139,048
============== ============== ============== ============== ==============
</TABLE>
See notes to financial statements.
5
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
For the Nine Months Ended September 30, 1999
- --------------------------------------------------------------------------------------------------------------------------
(unaudited)
AIM Variable Insurance Funds, Inc. Sub-Accounts
-------------------------------------------------------------------
Growth and International Money
Income Equity Market Value
-------------- -------------- -------------- --------------
<S> <C> <C> <C> <C>
FROM OPERATIONS
Net investment income (loss) $ (94,107) $ (25,957) $ 27,161 $ (117,014)
Net realized gains (losses) 65,041 9,717 - 27,934
Change in unrealized gains (losses) 490,792 225,562 - 667,107
-------------- -------------- -------------- --------------
Change in net assets resulting from operations 461,726 209,322 27,161 578,027
-------------- -------------- -------------- --------------
FROM CAPITAL TRANSACTIONS
Deposits 4,071,293 731,642 578,144 8,582,680
Benefit payments (18,572) (8,963) - (16,566)
Payments on termination (225,697) (66,211) (44,175) (417,261)
Contract maintenance charges (3,391) (738) (414) (4,928)
Transfers among the sub-accounts
and with the Fixed Account - net 353,186 355,353 (10,917) 560,699
-------------- -------------- -------------- --------------
Change in net assets resulting
from capital transactions 4,176,819 1,011,083 522,638 8,704,624
-------------- -------------- -------------- --------------
INCREASE (DECREASE) IN NET ASSETS 4,638,545 1,220,405 549,799 9,282,651
NET ASSETS AT BEGINNING OF PERIOD 6,602,044 1,963,126 968,052 7,150,077
-------------- -------------- -------------- --------------
NET ASSETS AT END OF PERIOD $ 11,240,589 $ 3,183,531 $ 1,517,851 $ 16,432,728
============== ============== ============== ==============
</TABLE>
See notes to financial statements.
6
<PAGE>
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
Notes to Financial Statements
(unaudited)
1. Organization
Allstate Life of New York Separate Account A (the "Account"), a unit
investment trust registered with the Securities and Exchange Commission
under the Investment Company Act of 1940, is a Separate Account of
Allstate Life Insurance Company of New York ("Allstate New York"). The
assets of the Account are legally segregated from those of Allstate New
York. Allstate New York is wholly owned by Allstate Life Insurance
Company, a wholly owned subsidiary of Allstate Insurance Company, which is
wholly owned by The Allstate Corporation.
These financial statements and notes as of September 30, 1999 and for the
nine-month period ended September 30, 1999 are unaudited. The financial
statements reflect all adjustments (consisting only of normal recurring
accruals) which are, in the opinion of management, necessary for the fair
presentation of the financial position, results of operations and changes
in net assets for the interim period. These financial statements and notes
should be read in conjunction with the Allstate Life of New York Separate
Account A financial statements and notes for the period ended December 31,
1998 included in the Registration Statement on Form N-4 for the Account.
The results of operations for the interim periods should not be considered
indicative of results to be expected for the full year.
<TABLE>
<CAPTION>
2. UNITS OUTSTANDING AND ACCUMULATION UNIT VALUE
(Units in whole amounts)
Accumulation
Units Outstanding Unit Value
September 30, 1999 September 30, 1999
------------------- ------------------
<S> <C> <C>
Investments in the AIM Variable Insurance Funds, Inc.
Capital Appreciation 398,502 15.78
Diversified Income 214,435 11.64
Global Utilities 55,220 16.29
Government Securities 169,001 11.23
Growth 345,008 20.69
Growth and Income 572,044 19.65
International Equity 205,370 15.50
Money Market 133,426 11.38
Value 853,397 19.26
</TABLE>
See notes to financial statements.
7
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 1999
(UNAUDITED)
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
STATEMENTS OF FINANCIAL POSITION
SEPTEMBER 30, DECEMBER 31,
1999 1998
------------- ------------
($ in thousands, except par value data) (UNAUDITED)
ASSETS
Investments
Fixed income securities, at fair value
(amortized cost $1,787,423 and $1,648,972) .... $1,899,766 $1,966,067
Mortgage loans ................................... 163,144 145,095
Short-term ....................................... 27,766 76,127
Policy loans ..................................... 30,561 29,620
---------- ----------
Total investments .......................... 2,121,237 2,216,909
Deferred acquisition costs .......................... 99,180 87,830
Accrued investment income ........................... 22,655 22,685
Reinsurance recoverables ............................ 2,093 2,210
Receivable from affiliates, net ..................... 5,530 --
Cash ................................................ 1,140 3,117
Other assets ........................................ 7,152 9,887
Separate Accounts ................................... 389,675 366,247
---------- ----------
TOTAL ASSETS ............................... $2,648,662 $2,708,885
========== ==========
LIABILITIES
Reserve for life-contingent contract benefits ....... $1,129,003 $1,208,104
Contractholder funds ................................ 769,248 703,264
Current income taxes payable ........................ 20,158 14,029
Deferred income taxes ............................... 5,150 25,449
Other liabilities and accrued expenses .............. 30,720 23,463
Payable to affiliates, net .......................... -- 38,835
Separate Accounts ................................... 389,675 366,247
---------- ----------
TOTAL LIABILITIES .......................... 2,343,954 2,379,391
---------- ----------
COMMITMENTS AND CONTINGENT LIABILITIES (NOTE 3)
SHAREHOLDER'S EQUITY
Common stock, $25 par value, 80,000 shares
authorized, issued and outstanding ............ 2,000 2,000
Additional capital paid-in .......................... 45,787 45,787
Retained income ..................................... 216,914 198,801
Accumulated other comprehensive income:
Unrealized net capital gains .................... 40,007 82,906
---------- ----------
TOTAL ACCUMULATED OTHER COMPREHENSIVE INCOME 40,007 82,906
---------- ----------
TOTAL SHAREHOLDER'S EQUITY ................. 304,708 329,494
---------- ----------
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY . $2,648,662 $2,708,885
========== ==========
See notes to financial statements.
3
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
STATEMENTS OF OPERATIONS
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
---------------------- ----------------------
($ in thousands) 1999 1998 1999 1998
----------- --------- --------- ---------
(UNAUDITED) (UNAUDITED)
<S> <C> <C> <C> <C>
REVENUES
Premiums and contract charges (net of reinsurance
ceded of $909 and $903; $3,076 and $2,660) .. $ 26,442 $ 28,166 $ 77,027 $ 87,838
Net investment income ........................... 37,771 33,758 109,778 100,018
Realized capital gains and losses ............... (812) 53 (1,560) 4,157
--------- --------- --------- ---------
63,401 61,977 185,245 192,013
--------- --------- --------- ---------
COSTS AND EXPENSES
Contract benefits (net of reinsurance recoveries
of $309 and $1,245; $1,091 and $1,748) ....... 47,347 46,744 133,560 135,565
Amortization of deferred acquisition costs ...... 2,352 1,562 7,178 5,767
Operating costs and expenses .................... 5,068 5,261 16,410 17,426
--------- --------- --------- ---------
54,767 53,567 157,148 158,758
--------- --------- --------- ---------
INCOME FROM OPERATIONS BEFORE
INCOME TAX EXPENSE ........................... 8,634 8,410 28,097 33,255
Income tax expense .............................. 3,071 2,883 9,984 11,746
--------- --------- --------- ---------
NET INCOME ...................................... $ 5,563 $ 5,527 $ 18,113 $ 21,509
========= ========= ========= =========
</TABLE>
See notes to financial statements.
4
<PAGE>
<TABLE>
<CAPTION>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
STATEMENTS OF CASH FLOWS
NINE MONTHS ENDED
SEPTEMBER 30,
----------------------
($ in thousands) 1999 1998
--------- ---------
(UNAUDITED)
<S> <C> <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net income ............................................. $ 18,113 $ 21,509
Adjustments to reconcile net income to net cash
provided by operating activities:
Amortization and other non-cash items ........... (28,229) (26,588)
Realized capital gains and losses ............... 1,560 (4,157)
Interest credited to contractholder funds ....... 22,805 27,537
Changes in:
Reserve for life-contingent contract benefits
and contractholder funds ................ 34,045 41,875
Deferred acquisition costs .................. (9,169) (8,605)
Accrued investment income ................... 30 1,167
Income taxes payable ........................ 8,929 6,858
Other operating assets and liabilities ...... (10,859) (15,245)
--------- ---------
Net cash provided by operating activities 37,225 44,351
--------- ---------
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of fixed income securities ......... 141,505 65,274
Investment collections
Fixed income securities ......................... 14,685 92,221
Mortgage loans .................................. 6,264 4,888
Investments purchases
Fixed income securities ......................... (291,312) (248,209)
Mortgage loans .................................. (26,730) (14,312)
Change in short-term investments, net .................. 50,722 (977)
Change in policy loans, net ............................ (941) (1,159)
--------- ---------
Net cash used in investing activities ... (105,807) (102,274)
--------- ---------
CASH FLOWS FROM FINANCING ACTIVITIES
Contractholder fund deposits ........................... 115,288 100,721
Contractholder fund withdrawals ........................ (48,683) (43,191)
--------- ---------
Net cash provided by financing activities 66,605 57,530
--------- ---------
NET INCREASE (DECREASE) IN CASH ........................ (1,977) (393)
CASH AT THE BEGINNING OF PERIOD ........................ 3,117 393
--------- ---------
CASH AT END OF PERIOD .................................. $ 1,140 $ --
========= =========
</TABLE>
See notes to financial statements.
5
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)
1. BASIS OF PRESENTATION
The accompanying financial statements include the accounts of Allstate
Life Insurance Company of New York (the "Company"), a wholly owned
subsidiary of Allstate Life Insurance Company ("ALIC"), which is wholly
owned by Allstate Insurance Company ("AIC"), a wholly owned subsidiary of
The Allstate Corporation (the "Corporation"). These financial statements
have been prepared in conformity with generally accepted accounting
principles.
The financial statements and notes as of September 30, 1999 and for the
three month and nine month periods ended September 30, 1999 and 1998 are
unaudited. The financial statements reflect all adjustments (consisting
only of normal recurring accruals) which are, in the opinion of
management, necessary for the fair presentation of the financial position,
results of operations and cash flows for the interim periods. These
financial statements and notes should be read in conjunction with the
financial statements and notes thereto included in the Allstate Life
Insurance Company of New York Annual Report on Form 10-K for 1998. The
results of operations for the interim periods should not be considered
indicative of results to be expected for the full year.
Effective January 1, 1999, the Company adopted Statement of Position
("SOP") 97-3, "Accounting by Insurance and Other Enterprises for
Insurance-Related Assessments." The SOP provides guidance concerning when
to recognize a liability for insurance-related assessments and how those
liabilities should be measured. Specifically, insurance-related
assessments should be recognized as liabilities when all of the following
criteria have been met: 1) an assessment has been imposed or it is
probable that an assessment will be imposed, 2) the event obligating an
entity to pay an assessment has occurred and 3) the amount of the
assessment can be reasonably estimated. The adoption of this statement had
an immaterial impact to the Company's results of operations and financial
position.
In July 1999, the Financial Accounting Standards Board ("FASB") delayed
the effective date of Statement of Financial Accounting Standard ("SFAS")
No. 133, "Accounting for Derivative Instruments and Hedging Activities",
which replaces existing pronouncements and practices with a single,
integrated accounting framework for derivatives and hedging activities.
The delay was effected through the issuance of SFAS No. 137, which extends
the effective date of the SFAS No. 133 requirements to fiscal years
beginning after June 15, 2000. As such, the Company plans to adopt the
provisions of SFAS No. 133 as of January 1, 2001. Based on existing
interpretations of the requirements of SFAS No. 133, the impact of
adoption is not expected to be material to the results of operations or
financial position of the Company.
To conform with the 1999 presentation, certain amounts in the prior years'
financial statements and notes have been reclassified.
6
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)
2. COMPREHENSIVE INCOME
The components of other comprehensive income on a pretax and after-tax
basis are as follows:
<TABLE>
<CAPTION>
THREE MONTHS ENDED SEPTEMBER 30,
--------------------------------------------------------------------------------
($ in thousands) 1999 1998
---------------------------------------- ------------------------------------
AFTER- AFTER-
PRETAX TAX TAX PRETAX TAX TAX
------ --- --- ------ --- ---
<S> <C> <C> <C> <C> <C> <C>
Unrealized capital gains and losses:
Unrealized holding (losses)gains
arising during the period $ (44,903) $ 15,716 $ (29,187) $ 86,267 $(30,193) $ 56,074
Adjustments to unrealized
capital gains and losses
arising during the period:
Deferred acquisition costs 185 (65) 120 (2,956) 1,034 (1,922)
Reserves for life insurance
policy benefits 28,992 (10,147) 18,845 (48,180) 16,863 (31,317)
--------- --------- --------- -------- -------- --------
Net unrealized holding
(losses) gains arising
during the period (15,726) 5,504 (10,222) 35,131 (12,296) 22,835
Less: reclassification
adjustment for realized
net capital (losses) gains
included in net income (837) 293 (544) 47 (16) 31
--------- --------- -------- --------- -------- --------
Other comprehensive
(loss) income $ (14,889) $ 5,211 (9,678) $ 35,084 $(12,280) 22,804
========= ========= ========= ========
Net income 5,563 5,527
-------- -------
Comprehensive
(loss) income $ (4,115) $ 28,331
======== ========
</TABLE>
7
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)
2. COMPREHENSIVE INCOME (CONTINUED)
<TABLE>
<CAPTION>
NINE MONTHS ENDED SEPTEMBER 30,
--------------------------------------------------------------------------------
($ in thousands) 1999 1998
---------------------------------------- ------------------------------------
AFTER- AFTER-
PRETAX TAX TAX PRETAX TAX TAX
------ --- --- ------ --- ---
<S> <C> <C> <C> <C> <C> <C>
Unrealized capital gains and losses:
Unrealized holding (losses)gains
arising during the period $(206,351) $ 72,223 $(134,128) $ 130,276 $(45,596) $ 84,680
Adjustments to unrealized
capital gains and losses
arising during the period:
Deferred acquisition costs 2,182 (764) 1,418 (3,066) 1,072 (1,994)
Reserves for life insurance
policy benefits 136,572 (47,800) 88,772 (73,283) 25,649 (47,634)
--------- --------- --------- -------- -------- --------
Net unrealized holding
(losses) gains arising
during the period (67,597) 23,659 (43,938) 53,927 (18,875) 35,052
Less: reclassification
adjustment for realized
net capital (losses) gains
included in net income (1,599) 560 (1,039) 4,215 (1,475) 2,740
--------- --------- -------- --------- -------- --------
Other comprehensive
(loss) income $ (65,998) $ 23,099 (42,899) $ 49,712 $(17,400) 32,312
========= ========= ========= ========
Net income 18,113 21,509
-------- --------
Comprehensive
(loss) income $(24,786) $ 53,821
======== ========
</TABLE>
8
<PAGE>
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)
3. COMMITMENTS AND CONTINGENT LIABILITIES
REGULATION AND LEGAL PROCEEDINGS
The Company is subject to the effects of a changing social, economic and
regulatory environment. Public and regulatory initiatives have varied and
have included employee benefit regulations, removal of barriers preventing
banks from engaging in the securities and insurance business, tax law
changes affecting the taxation of insurance companies, the tax treatment
of insurance products and its impact on the relative desirability of
various personal investment vehicles, and proposed legislation to prohibit
the use of gender in determining insurance rates and benefits. The
ultimate changes and eventual effects, if any, of these initiatives are
uncertain.
Various other legal and regulatory actions are currently pending that
involve the Company and specific aspects of its conduct of business. In
the opinion of management, the ultimate liability, if any, in one or more
of these actions in excess of amounts currently reserved is not expected
to have a material effect on the results of operations, liquidity or
financial position of the Company.
9
<PAGE>
PART C
Part C is hereby amended to include the following exhibits:
ITEM 24. (b) EXHIBITS
(9)(c) Opinion and Consent of Michael J. Velotta, Vice President,
Secretary and General Counsel of Allstate Life Insurance Company
of New York.
(10)(a) Independent Auditors' Consent
(10)(b) Consent of Fredman, Levy, Kroll & Simonds
(13) Schedule of Computation of Performance Quotations
(99)(d) Power of Attorney for Vincent A. Fusco
25. DIRECTORS AND OFFICERS OF THE DEPOSITOR
<TABLE>
<CAPTION>
<S> <C>
NAME AND PRINCIPAL POSITION AND OFFICE WITH
BUSINESS ADDRESS* DEPOSITOR OF THE ACCOUNT
Thomas J. Wilson, II Director and President
Michael J. Velotta Director, Vice President, Secretary and General Counsel
Marcia D. Alazraki Director
Marla G. Friedman Director and Vice President
Vincent A. Fusco Director and Chief Operations Officer
Cleveland Johnson, Jr. Director
Kenneth R. O'Brien Director
John R. Raben, Jr. Director
Sally A. Slacke Director
Kevin R. Slawin Director and Vice President
Patricia W. Wilson Director and Assistant Vice President
Karen C. Gardner Vice President
Samuel H. Pilch Controller
Casey J. Sylla Chief Investment Officer
James P. Zils Treasurer
Sharmaine M. Miller Chief Administrative Officer
Richard L. Baker Assistant Vice President
D. Steven Boger Assistant Vice President
Patricia A. Coffey Assistant Vice President
Adrian B. Corbiere Assistant Vice President
Dorothy E. Even Assistant Vice President
John M. Goense Assistant Vice President
Judith P. Greffin Assistant Vice President
Keith A. Hauschildt Assistant Vice President
Ronald Johnson Assistant Vice President
Charles D. Mires Assistant Vice President
Barry S. Paul Assistant Vice President
C. Nelson Strom Assistant Vice President and Corporate Actuary
Timothy N. Vander Pas Assistant Vice President
David A. Walsh Assistant Vice President
Joanne M. Derrig Assistant Secretary and Assistant General Counsel
Emma M. Kalaidjian Assistant Secretary
Paul N. Kierig Assistant Secretary
Mary J. McGinn Assistant Secretary
Ralph A. Bergholtz Assistant Treasurer
Mark A. Bishop Assistant Treasurer
Robert B. Bodett Assistant Treasurer
Barbara S. Brown Assistant Treasurer
Rhonda Hoops Assistant Treasurer
Peter S. Horos Assistant Treasurer
Thomas C. Jensen Assistant Treasurer
Kathleen A. Knudson Assistant Treasurer
David L. Kocourek Assistant Treasurer
Daniel C. Leimbach Assistant Treasurer
Beth K. Marder Assistant Treasurer
Jeffrey A. Mazer Assistant Treasurer
Ronald A. Mendel Assistant Treasurer
Stephen J. Stone Assistant Treasurer
R. Steven Taylor Assistant Treasurer
Louise J. Walton Assistant Treasurer
Jerry D. Zinkula Assistant Treasurer
</TABLE>
*The principal business address of Mr. Fusco is One Allstate Drive, P.O. Box
9095, Farmingville, New York 11738. The principal business address of the other
foregoing officers and directors is 3100 Sanders Road, Northbrook, Illinois
60062.
27. NUMBER OF CONTRACT OWNERS
AIM Lifetime Plus:
As of January 31, 2000, there were 885 nonqualified contracts and 479 qualified
contracts.
AIM Lifetime Plus II Variable Annuity:
As of January 31, 2000, there were 0 nonqualified contracts and 1 qualified
contract.
<PAGE>
SIGNATURES
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant, Allstate Life of New York Separate Account A, certifies
that it meets the requirements of Securities Act Rule 485(b) for effectiveness
of this Registration Statement and has duly caused this Amendment to the
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, and its seal to be hereunto affixed and attested, all in the
Township of Northfield, State of Illinois, on the 14th day of February, 2000.
ALLSTATE LIFE OF NEW YORK SEPARATE ACCOUNT A
(REGISTRANT)
BY: ALLSTATE LIFE INSURANCE COMPANY OF
NEW YORK
(DEPOSITOR)
(SEAL)
By: /s/Michael J. Velotta
-----------------------
Michael J. Velotta
Vice President, Secretary and
General Counsel
As required by the Securities Act of 1933, this amended Registration Statement
has been duly signed below by the following Directors and Officers of Allstate
Life Insurance Company of New York on the 14th day of February, 2000.
*/THOMAS J. WILSON, II President and Director
Thomas J. Wilson, II (Principal Executive Officer)
**/VINCENT A. FUSCO Director and Chief Operations Officer
Vincent A. Fusco
/s/MICHAEL J. VELOTTA Vice President, Secretary, General
Michael J. Velotta Counsel and Director
*/KEVIN R. SLAWIN Vice President and Director
Kevin R. Slawin (Principal Financial Officer)
*/SAMUEL H. PILCH Controller
Samuel H. Pilch (Principal Accounting Officer)
*/MARCIA D. ALAZRAKI Director
Marcia D. Alazraki
*/CLEVELAND JOHNSON, JR. Director
Cleveland Johnson, Jr.
*/JOHN R. RABEN, JR. Director
John R. Raben, Jr.
*/SALLY A. SLACKE Director
Sally A. Slacke
*/ By Michael J. Velotta, pursuant to Powers of Attorney previously filed.
**/ By Michael J. Velotta, pursuant to Powers of Attorney filed herewith.
<PAGE>
EXHIBIT INDEX
Exhibit Description
(9)(c) Opinion and Consent of Michael J. Velotta, Vice President,
Secretary and General Counsel
(10)(a) Independent Auditors' Consent
(10)(b) Consent of Freedman, Levy, Kroll & Simonds
(13)(a) Schedule of Computation of Performance Quotations
for AIM Lifetime Plus(SM) II Variable Annuity
(b) Schedule of Computation of Performance Quotations
for AIM Lifetime Plus(SM) Variable Annuity
(99)(d) Power of Attorney for Vincent A. Fusco
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
LAW AND REGULATION DEPARTMENT
3100 Sanders Road, J5B
Northbrook, Illinois 60062
Direct Dial Number 847-402-2400
Facsimile 847-402-4371
Michael J. Velotta
Vice President, Secretary
and General Counsel
February 14, 2000
TO: ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
NORTHBROOK, ILLINOIS 60062
FROM: MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
RE: POST EFFECTIVE AMENDMENT NO. 6 TO FORM N-4 REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933 AND AMENDMENT NO. 12 UNDER THE
INVESTMENT COMPANY ACT OF 1940
FILE NOS. 033-65381, 811-07467
With reference to the above-mentioned amended Registration Statement on
Form N-4 ("Registration Statement") filed by Allstate Life Insurance Company of
New York (the "Company"), as depositor, and Allstate Life of New York Separate
Account A, as registrant, with the Securities and Exchange Commission covering
the Flexible Premium Deferred Variable Annuity Contracts described therein, and
marketed as the AIM Lifetime Plus(SM) Variable Annuity and AIM Lifetime Plus(SM)
II Variable Annuity, I have examined such documents and such law as I have
considered necessary and appropriate, and on the basis of such examination, it
is my opinion that as of February 14, 2000:
1. The Company is duly organized and existing under the laws of the State of
New York and has been duly authorized to do business by the Director of
Insurance of the State of New York.
2. The securities registered by the Registration Statement when issued will be
valid, legal and binding obligations of the Company.
I hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the use of my name under the caption "Legal
Matters" in the prospectuses constituting a part of the Registration Statement.
Sincerely,
/s/ MICHAEL J. VELOTTA
- --------------------------
Michael J. Velotta
Vice President, Secretary and
General Counsel
EXHIBIT 10 (a)
INDEPENDENT AUDITORS' CONSENT
We consent to the use in this Post-Effective Amendment No. 6 to
Registration Statement No. 033-65381 of Allstate Life of New York Separate
Account A of Allstate Life Insurance Company of New York on Form N-4 of our
report dated February 19, 1999 relating to the financial statements and the
related financial statement schedules of Allstate Life Insurance Company of New
York, and our report dated March 18, 1999 relating to the financial statements
of Allstate Life of New York Separate Account A, appearing in the statement of
additional information (which is incorporated by reference in the prospectus of
Allstate Life of New York Separate Account A of Allstate Life Insurance Company
of New York), which is part of such Registration Statement, and to the reference
to us under the heading "Experts" in such Statement of Additional Information.
Chicago Illinois
February 14, 2000
<PAGE>
EXHIBIT 10(b)
Freedman, Levy, Kroll & Simonds
CONSENT OF
FREEDMAN, LEVY, KROLL & SIMONDS
We hereby consent to the reference to our firm under the caption "Legal
Matters" in the prospectus contained in Post-Effective Amendment No. 6 to the
Form N-4 Registration Statement of Allstate Life of New York Separate Account A
(File No. 033-65381).
Washington, D.C.
February 14, 2000
Exhibit 13(a) AIM II
<TABLE>
<CAPTION>
AIM II TELECOMMUNICATIONS
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
<S> <C> <C> <C> <C> <C> <C> <C>
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 17.863223 55.98094
1 FEE 31-Jan-00 0.568227941 31.975396 0.01777 0.07
RESULTING VALUE 31-Jan-00 31.975396 55.96317 1789.4444
1.000
FORMULA: 1000*(1+T)= 1789.4444
= 1682.972505
T = 68.30% 78.94%
R = 68.30%
AIM II GLOBAL G&I
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 13.191102 75.80868
1 FEE 31-Jan-00 0.568227941 12.655140 0.04490 0.07
RESULTING VALUE 31-Jan-00 12.655140 75.76377 958.8012
1.000
FORMULA: 1000*(1+T)= 958.8012
= 901.7524989
T = -9.82% -4.12%
R = -9.82%
AIM II TELECOMMUNICATIONS
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.860136 127.22425
1 FEE 31-Jan-96 0.568227941 9.841685 0.05774 0.07
2 FEE 31-Aug-95 0.568227941 10.107524 0.05622 0.07
3 FEE 30-Jan-98 0.568227941 13.158101 0.04318 0.06
4 FEE 29-Jan-99 0.568227941 17.863223 0.03181 0.06
5 FEE 31-Jan-00 0.568227941 31.975396 0.01777 0.05
RESULTING VALUE 31-Jan-00 31.975396 127.13149 4065.0797
5.000
FORMULA: 1000*(1+T)= 4065.0797
= 3892.31382
T = 31.23% 32.38%
R = 289.23%
AIM II GLOBAL G&I
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.414800 134.86540
1 FEE 31-Jan-96 0.568227941 8.587298 0.06617 0.07
2 FEE 31-Aug-95 0.568227941 7.890815 0.07201 0.07
3 FEE 30-Jan-98 0.568227941 11.407262 0.04981 0.06
4 FEE 29-Jan-99 0.568227941 13.191102 0.04308 0.06
5 FEE 31-Jan-00 0.568227941 12.655140 0.04490 0.05
RESULTING VALUE 31-Jan-00 12.655140 134.72761 1704.9968
5.000
FORMULA: 1000*(1+T)= 1704.9968
= 1632.534441
T = 10.30% 11.26%
R = 63.25%
AIM II BLUE CHIP
29-Dec-99
TO NO. YEARS 0.090
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-99 1000.00 9.751656 102.54669
1 FEE 31-Jan-00 0.568227941 9.449718 0.06013 0.07
2 FEE N/A 0 N/A 0.00000 0.07
3 FEE N/A 0 N/A 0.00000 0.06
4 FEE N/A 0 N/A 0.00000 0.06
5 FEE N/A 0 N/A 0.00000 0.05
6 FEE N/A 0 N/A 0.00000 0.04
7 FEE N/A 0 N/A 0.00000 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 9.449718 102.48656 968.4691
0.090
FORMULA: 1000*(1+T)= 968.4691
= 910.8451486
T = -64.43% -29.86%
R = -8.92%
AIM II DENT DEMO
29-Dec-99
TO NO. YEARS 0.090
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-99 1000.00 9.751655 102.54669
1 FEE 31-Jan-00 0.568227941 9.547160 0.05952 0.07
2 FEE N/A 0 N/A 0.00000 0.07
3 FEE N/A 0 N/A 0.00000 0.06
4 FEE N/A 0 N/A 0.00000 0.06
5 FEE N/A 0 N/A 0.00000 0.05
6 FEE N/A 0 N/A 0.00000 0.04
7 FEE N/A 0 N/A 0.00000 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 9.547160 102.48717 978.4614
0.090
FORMULA: 1000*(1+T)= 978.4614
= 920.2429906
T = -60.15% -21.42%
R = -7.98%
AIM II TELECOMMUNICATIONS
18-Oct-93
TO NO. YEARS 6.286
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 18-Oct-93 1000.00 6.915204 144.60889
1 FEE 18-Oct-94 0.568227941 7.925019 0.07170 0.07
2 FEE 18-Oct-95 0.568227941 10.017621 0.05672 0.07
3 FEE 18-Oct-96 0.568227941 11.206261 0.05071 0.06
4 FEE 18-Oct-97 0.568227941 14.434247 0.03937 0.06
5 FEE 18-Oct-98 0.568227941 12.229141 0.04647 0.05
6 FEE 18-Oct-99 0.568227941 19.681991 0.02887 0.04
7 FEE 31-Jan-00 0.568227941 31.975396 0.01777 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 31.975396 144.29729 4613.9630
6.286
FORMULA: 1000*(1+T)= 4613.9630
= 4496.306971
T = 27.02% 27.54%
R = 349.63%
AIM II GLOBAL G&I
10-Feb-93
TO NO. YEARS 6.971
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 10-Feb-93 1000.00 6.670451 149.91490
1 FEE 10-Feb-94 0.568227941 7.807983 0.07278 0.07
2 FEE 10-Feb-95 0.568227941 7.521746 0.07554 0.07
3 FEE 10-Feb-96 0.568227941 8.608126 0.06601 0.06
4 FEE 10-Feb-97 0.568227941 9.857387 0.05764 0.06
5 FEE 10-Feb-98 0.568227941 11.633861 0.04884 0.05
6 FEE 10-Feb-99 0.568227941 12.890156 0.04408 0.04
7 FEE 31-Jan-00 0.568227941 12.655140 0.04490 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 12.655140 149.50510 1892.0080
6.971
FORMULA: 1000*(1+T)= 1892.0080
= 1843.761803
T = 9.17% 9.58%
R = 84.38%
<PAGE>
AIM II TELECOMMUNICATIONS
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 17.861367 55.98676
1 FEE 31-Jan-00 0.568227941 31.967387 0.01778 0.07
RESULTING VALUE 31-Jan-00 31.967387 55.96898 1789.1821
1.000
FORMULA: 1000*(1+T)= 1789.1821
= 1682.725755
T = 68.27% 78.92%
R = 68.27%
AIM II GLOBAL G&I
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 13.189636 75.81710
1 FEE 31-Jan-00 0.568227941 12.651862 0.04491 0.07
RESULTING VALUE 31-Jan-00 12.651862 75.77219 958.6593
1.000
FORMULA: 1000*(1+T)= 958.6593
= 901.6190912
T = -9.84% -4.13%
R = -9.84%
AIM II TELECOMMUNICATIONS
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.859320 127.23748
1 FEE 31-Jan-96 0.568227941 9.840662 0.05774 0.07
2 FEE 31-Aug-95 0.568227941 10.106473 0.05622 0.07
3 FEE 30-Jan-98 0.568227941 13.156733 0.04319 0.06
4 FEE 29-Jan-99 0.568227941 17.861367 0.03181 0.06
5 FEE 31-Jan-00 0.568227941 31.967387 0.01778 0.05
RESULTING VALUE 31-Jan-00 31.967387 127.14470 4064.4838
5.000
FORMULA: 1000*(1+T)= 4064.4838
= 3891.743247
T = 31.23% 32.37%
R = 289.17%
AIM II GLOBAL G&I
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.413976 134.88040
1 FEE 31-Jan-96 0.568227941 8.586343 0.06618 0.07
2 FEE 31-Aug-95 0.568227941 7.889938 0.07202 0.07
3 FEE 30-Jan-98 0.568227941 11.405994 0.04982 0.06
4 FEE 29-Jan-99 0.568227941 13.189636 0.04308 0.06
5 FEE 31-Jan-00 0.568227941 12.651862 0.04491 0.05
RESULTING VALUE 31-Jan-00 12.651862 134.74259 1704.7446
5.000
FORMULA: 1000*(1+T)= 1704.7446
= 1632.292983
T = 10.30% 11.26%
R = 63.23%
AIM II TELECOMMUNICATIONS
18-Oct-93
TO NO. YEARS 6.286
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 18-Oct-93 1000.00 6.914485 144.62392
1 FEE 18-Oct-94 0.568227941 7.924196 0.07171 0.07
2 FEE 18-Oct-95 0.568227941 10.016580 0.05673 0.07
3 FEE 18-Oct-96 0.568227941 11.205096 0.05071 0.06
4 FEE 18-Oct-97 0.568227941 14.432747 0.03937 0.06
5 FEE 18-Oct-98 0.568227941 12.227871 0.04647 0.05
6 FEE 18-Oct-99 0.568227941 19.679945 0.02887 0.04
7 FEE 31-Jan-00 0.568227941 31.967387 0.01778 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 31.967387 144.31229 4613.2867
6.286
FORMULA: 1000*(1+T)= 4613.2867
= 4495.647871
T = 27.01% 27.54%
R = 349.56%
AIM II GLOBAL G&I
10-Feb-93
TO NO. YEARS 6.971
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 10-Feb-93 1000.00 6.669709 149.93157
1 FEE 10-Feb-94 0.568227941 7.807115 0.07278 0.07
2 FEE 10-Feb-95 0.568227941 7.520910 0.07555 0.07
3 FEE 10-Feb-96 0.568227941 8.607169 0.06602 0.06
4 FEE 10-Feb-97 0.568227941 9.856291 0.05765 0.06
5 FEE 10-Feb-98 0.568227941 11.632568 0.04885 0.05
6 FEE 10-Feb-99 0.568227941 12.888723 0.04409 0.04
7 FEE 31-Jan-00 0.568227941 12.651862 0.04491 0.03
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 12.651862 149.52172 1891.7282
6.971
FORMULA: 1000*(1+T)= 1891.7282
= 1843.489112
T = 9.17% 9.58%
R = 84.35%
</TABLE>
<PAGE>
Exhibit 13(b) AIM I
<TABLE>
<CAPTION>
1yr ago: 1/29/99
Date: 1/31/00
AIM High Yield
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
<S> <C> <C> <C> <C> <C> <C> <C>
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 9.264716 107.93639
1 FEE 31-Jan-00 0.568228 10.066774 0.05645 0.07
RESULTING VALUE 31-Jan-00 10.066774 107.87994 1086.0030
1.000
FORMULA: 1000*(1+T)= 1086.0030
= 1023.002992
T = 2.30% 8.60%
R = 2.30%
AIM Balanced
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 11.491533 87.02059
1 FEE 31-Jan-00 0.568228 12.994631 0.04373 0.07
RESULTING VALUE 31-Jan-00 12.994631 86.97686 1130.2322
1.000
FORMULA: 1000*(1+T)= 1130.2322
= 1067.232203
T = 6.72% 13.02%
R = 6.72%
AIM Capital Development
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 9.040044 110.61893
1 FEE 31-Jan-00 0.568228 11.445078 0.04965 0.07
RESULTING VALUE 31-Jan-00 11.445078 110.56928 1265.4740
1.000
FORMULA: 1000*(1+T)= 1265.4740
= 1202.474014
T = 20.25% 26.55%
R = 20.25%
AIM Aggressive Growth
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 9.888373 101.12888
1 FEE 31-Jan-00 0.568228 13.775083 0.04125 0.07
RESULTING VALUE 31-Jan-00 13.775083 101.08763 1392.4904
1.000
FORMULA: 1000*(1+T)= 1392.4904
= 1329.490431
T = 32.95% 39.25%
R = 32.95%
AIM Blue Chip
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 #N/A #N/A
1 FEE 31-Jan-00 0.568228 20.959159 0.02711 0.07
RESULTING VALUE 31-Jan-00 20.959159 #N/A #N/A
1.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Dent Demo
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 #N/A #N/A
1 FEE 31-Jan-00 0.568228 9.542771 0.05955 0.07
RESULTING VALUE 31-Jan-00 9.542771 #N/A #N/A
1.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Global G&I
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 13.231608 75.57660
1 FEE 31-Jan-00 0.568228 12.649409 0.04492 0.07
RESULTING VALUE 31-Jan-00 12.649409 75.53168 955.4311
1.000
FORMULA: 1000*(1+T)= 955.4311
= 892.4311176
T = -10.76% -4.46%
R = -10.76%
AIM Telecommunications
29-Jan-99
TO NO. YEARS 1.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Jan-99 1000.00 17.918212 55.80914
1 FEE 31-Jan-00 0.568228 31.961382 0.01778 0.07
RESULTING VALUE 31-Jan-00 31.961382 55.79136 1783.1690
1.000
FORMULA: 1000*(1+T)= 1783.1690
= 1720.168997
T = 72.02% 78.32%
R = 72.02%
AIM High Yield
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 9.264716 0.06133
5 FEE 31-Jan-00 0.568228 10.066774 0.05645 0.02
RESULTING VALUE 31-Jan-00 10.066774 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Balanced
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 11.491533 0.04945
5 FEE 31-Jan-00 0.568228 12.994631 0.04373 0.02
RESULTING VALUE 31-Jan-00 12.994631 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Capital Development
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 9.040044 0.06286
5 FEE 31-Jan-00 0.568228 11.445078 0.04965 0.02
RESULTING VALUE 31-Jan-00 11.445078 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Aggressive Growth
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 9.888373 0.05746
5 FEE 31-Jan-00 0.568228 13.775083 0.04125 0.02
RESULTING VALUE 31-Jan-00 13.775083 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Blue Chip
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 #N/A #N/A
5 FEE 31-Jan-00 0.568228 20.959159 0.02711 0.02
RESULTING VALUE 31-Jan-00 20.959159 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Dent Demo
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 #N/A #N/A
1 FEE 31-Jan-96 0.568228 #N/A #N/A
2 FEE 31-Jan-97 0.568228 #N/A #N/A
3 FEE 30-Jan-98 0.568228 #N/A #N/A
4 FEE 29-Jan-99 0.568228 #N/A #N/A
5 FEE 31-Jan-00 0.568228 9.542771 0.05955 0.02
RESULTING VALUE 31-Jan-00 9.542771 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A
AIM Global G&I
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.542240 132.58660
1 FEE 31-Jan-96 0.568228 8.704391 0.06528
2 FEE 31-Jan-97 0.568228 9.833818 0.05778
3 FEE 30-Jan-98 0.568228 11.482283 0.04949
4 FEE 29-Jan-99 0.568228 13.231608 0.04294
5 FEE 31-Jan-00 0.568228 12.649409 0.04492 0.02
RESULTING VALUE 31-Jan-00 12.649409 132.32619 1673.8481
5.000
FORMULA: 1000*(1+T)= 1673.8481
= 1655.848056
T = 10.61% 10.85%
R = 65.58%
AIM Telecommunications
31-Jan-95
TO NO. YEARS 5.000
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Jan-95 1000.00 7.995282 125.07376
1 FEE 31-Jan-96 0.568228 9.975949 0.05696
2 FEE 31-Jan-97 0.568228 12.479995 0.04553
3 FEE 30-Jan-98 0.568228 13.244720 0.04290
4 FEE 29-Jan-99 0.568228 17.918212 0.03171
5 FEE 31-Jan-00 0.568228 31.961382 0.01778 0.02
RESULTING VALUE 31-Jan-00 31.961382 124.87888 3991.3015
5.000
FORMULA: 1000*(1+T)= 3991.3015
= 3973.301549
T = 31.77% 31.89%
R = 297.33%
AIM High Yield
01-May-98
TO NO. YEARS 1.752
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 10.451664 95.67854
1 FEE 01-May-99 0.568228 9.776758 0.05812 0.07
2 FEE 31-Jan-00 0.568228 10.066774 0.05645 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 10.066774 95.56398 962.0210
1.752
FORMULA: 1000*(1+T)= 962.0210
= 908.0209544
T = -5.36% -2.19%
R = -9.20%
AIM Balanced
01-May-98
TO NO. YEARS 1.752
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 10.145636 98.56454
1 FEE 01-May-99 0.568228 11.660117 0.04873 0.07
2 FEE 31-Jan-00 0.568228 12.994631 0.04373 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 12.994631 98.47208 1279.6084
1.752
FORMULA: 1000*(1+T)= 1279.6084
= 1225.6084
T = 12.31% 15.11%
R = 22.56%
AIM Capital Development
01-May-98
TO NO. YEARS 1.752
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 10.042477 99.57703
1 FEE 01-May-99 0.568228 8.660971 0.06561 0.07
2 FEE 31-Jan-00 0.568228 11.445078 0.04965 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 11.445078 99.46177 1138.3478
1.752
FORMULA: 1000*(1+T)= 1138.3478
= 1084.347761
T = 4.73% 7.68%
R = 8.43%
AIM Aggressive Growth
01-May-98
TO NO. YEARS 1.752
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 10.056517 99.43801
1 FEE 01-May-99 0.568228 9.634628 0.05898 0.07
2 FEE 31-Jan-00 0.568228 13.775083 0.04125 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 13.775083 99.33778 1368.3862
1.752
FORMULA: 1000*(1+T)= 1368.3862
= 1314.386155
T = 16.88% 19.60%
R = 31.44%
AIM Blue Chip
29-Dec-99
TO NO. YEARS 0.090
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-99 1000.00 21.354051 46.82952
1 FEE 31-Jan-00 0.568228 20.959159 0.02711 0.07
2 FEE N/A 0 N/A 0.00000 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 20.959159 46.80241 980.9392
0.090
FORMULA: 1000*(1+T)= 980.9392
= 917.9391605
T = -61.24% -19.18%
R = -8.21%
AIM Dent Demo
29-Dec-99
TO NO. YEARS 0.090
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-99 1000.00 9.750245 102.56153
1 FEE 31-Jan-00 0.568228 9.542771 0.05955 0.07
2 FEE N/A 0 N/A 0.00000 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 FEE N/A 0 N/A 0.00000 0.04
5 FEE N/A 0 N/A 0.00000 0.03
6 FEE N/A 0 N/A 0.00000 0.02
7 FEE N/A 0 N/A 0.00000 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 9.542771 102.50198 978.1529
0.090
FORMULA: 1000*(1+T)= 978.1529
= 915.1529392
T = -62.52% -21.69%
R = -8.48%
AIM Global G&I
10-Feb-93
TO NO. YEARS 6.971
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 10-Feb-93 1000.00 6.832098 146.36792
1 FEE 10-Feb-94 0.568228 7.969267 0.07130 0.07
2 FEE 10-Feb-95 0.568228 7.650292 0.07428 0.06
3 FEE 10-Feb-96 0.568228 8.724668 0.06513 0.05
4 FEE 10-Feb-97 0.568228 9.955942 0.05707 0.04
5 FEE 10-Feb-98 0.568228 11.709140 0.04853 0.03
6 FEE 10-Feb-99 0.568228 12.928247 0.04395 0.02
7 FEE 31-Jan-00 0.568228 12.649409 0.04492 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 12.649409 145.96274 1846.3424
6.971
FORMULA: 1000*(1+T)= 1846.3424
= 1837.342414
T = 9.12% 9.20%
R = 83.73%
AIM Telecommunications
18-Oct-93
TO NO. YEARS 6.286
31-Jan-00
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 18-Oct-93 1000.00 7.065868 141.52543
1 FEE 18-Oct-94 0.568228 8.069402 0.07042 0.07
2 FEE 18-Oct-95 0.568228 10.164509 0.05590 0.06
3 FEE 18-Oct-96 0.568228 11.330840 0.05015 0.05
4 FEE 18-Oct-97 0.568228 14.543783 0.03907 0.04
5 FEE 18-Oct-98 0.568228 12.278865 0.04628 0.03
6 FEE 18-Oct-99 0.568228 19.693053 0.02885 0.02
7 FEE 31-Jan-00 0.568228 31.961382 0.01778 0.01
8 FEE N/A 0 N/A 0.00000 0
9 FEE N/A 0 N/A 0.00000 0
10 FEE N/A 0 N/A 0.00000 0
11 FEE N/A 0 N/A 0.00000 0
12 FEE N/A 0 N/A 0.00000 0
13 FEE N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Jan-00 31.961382 141.21698 4513.4898
6.286
FORMULA: 1000*(1+T)= 4513.4898
= 4504.489774
T = 27.05% 27.09%
R = 350.45%
</TABLE>
Exhibit 99(d)
POWER OF ATTORNEY
With Respect to the Allstate Life Insurance Company of New York Filing on Form
N-4 for the Allstate Life of New York Separate Account A
Know all men by these presents that Vincent A. Fusco, whose signature
appears below, constitutes and appoints Thomas J. Wilson and Michael J. Velotta,
his attorneys-in-fact, with power of substitution, and each of them in any and
all capacities, to sign any registration statements and amendments thereto for
the Form N-4 for the Allstate Life of New York Separate Account A and to file
the same, with exhibits thereto and other documents, in connection therewith,
with the Securities and Exchange Commission, hereby ratifying and confirming all
that each of said attorneys-in-fact, or his substitute or substitutes, may do or
cause to be done by virtue hereof.
Date: February 14, 2000
/s/ VINCENT A. FUSCO
--------------------------
Vincent A. Fusco
Chief Operations Officer
