CONSENT OF PRICEWATERHOUSECOOPERS

Published on


EXHIBIT 23.5

CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the use in this Amendment No. 4 to the Registration
Statement on Form S-1 of our report dated August 10, 2001 relating to the
statement of financial position of Gibraltar Life Insurance Company, Ltd.,
which appears in such Registration Statement.


/s/ PricewaterhouseCoopers

Tokyo, Japan

November 14, 2001