SECURITIES AND EXCHANGE COMMISSION

                          WASHINGTON, D.C.  20549
                                     
                             ________________


                                  AMENDED
                                 FORM 8-K

                              CURRENT REPORT

                  PURSUANT TO SECTION 13 OR 15(D) OF THE

                      SECURITIES EXCHANGE ACT OF 1934


DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)    JULY 12, 1995

                              SUNAMERICA INC.

            (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)


        MARYLAND                 1-4618          86-0176061
(STATE OR OTHER JURISDICTION     (COMMISSION     (IRS EMPLOYER
     OF INCORPORATION)           FILE NUMBER)    IDENTIFICATION NO.)


1 SUNAMERICA CENTER
LOS ANGELES, CALIFORNIA                          90067-6022
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)         (ZIP CODE)


Registrant's telephone number, including
area code                                        (310) 772-6000



Item 5. Other Events
        -------------

        On July 12, 1995, the Registrant issued the following press release:


               SUNAMERICA CHANGES NAME OF LEADING SUBSIDIARY

        Continues National Campaign to Enhance Brand Name Awareness


LOS ANGELES (July 12, 1995) --  As part of its ongoing effort to develop a
strong brand-name image and build upon its leadership in the retirement
savings market, SunAmerica Inc. today announced that the name of its
subsidiary, Sun Life Insurance Company of America, has been changed to
"SunAmerica Life Insurance Company."

According to Jana Waring Greer, executive vice president, SunAmerica
Marketing, the new name now positions SunAmerica Life Insurance Company to
capitalize on increased consumer awareness of "SunAmerica" as a major brand
name.  "For the first time, our leading life insurer will be able to benefit
from SunAmerica's national corporate advertising campaign, which this week
featured sponsorship of Major League Baseball's All Star Game, as well as
prominent spots on "60 Minutes" and the ABC, CBS and NBC evening news."

SunAmerica Life Insurance Company is the largest of SunAmerica's four life
insurance companies.  It was recently awarded an "A+ (Superior)" rating from
industry analysts A.M. Best Company, recognizing its 105-year tradition of
financial security for policyholders.

SunAmerica Inc. (NYSE:SAI) is a financial services company specializing in
the sale of long-term savings products and investments to the expanding
preretirement savings market.  At March 31, 1995, the company held $25
billion of assets, including those on its balance sheet, in mutual funds and
in retirement trust accounts.

                                #####     



                                SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                         
                                         SUNAMERICA INC.

Date:   July 12, 1995                    By: /s/ SUSAN L. HARRIS
                                             -----------------------------
                                             Susan L. Harris
                                             Vice President, General Counsel-
                                             Corporate Affairs & Secretary