<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
Company's consolidated financial statements as filed in Form 10-K for the
year ended December 31, 1995, and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<DEBT-HELD-FOR-SALE>                        19,675,006
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                     108,062
<MORTGAGE>                                      22,213
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              20,040,825
<CASH>                                           4,139
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                       2,565,027
<TOTAL-ASSETS>                              25,337,986
<POLICY-LOSSES>                             19,016,591
<UNEARNED-PREMIUMS>                            301,452
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          316,938
<NOTES-PAYABLE>                                327,268
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        15,636
<OTHER-SE>                                   2,118,505
<TOTAL-LIABILITY-AND-EQUITY>                25,337,986
<PREMIUMS>                                   6,070,830
<INVESTMENT-INCOME>                          1,024,960
<INVESTMENT-GAINS>                               (270)
<OTHER-INCOME>                                  95,100
<BENEFITS>                                   5,034,266
<UNDERWRITING-AMORTIZATION>                    168,779
<UNDERWRITING-OTHER>                         1,386,580
<INCOME-PRETAX>                                600,995
<INCOME-TAX>                                   251,938
<INCOME-CONTINUING>                            349,057
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   349,057
<EPS-PRIMARY>                                     2.33<F1>
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>Per-share amounts have been adjusted to reflect the three-for-two stock
split payable March 18, 1996.
</FN>