<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, 1997, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <DEBT-HELD-FOR-SALE> 22,437,818 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 146,326 <MORTGAGE> 14,137 <REAL-ESTATE> 0 <TOTAL-INVEST> 22,644,235 <CASH> 235,675 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 2,581,828 <TOTAL-ASSETS> 29,454,005 <POLICY-LOSSES> 19,409,349 <UNEARNED-PREMIUMS> 276,673 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 199,046 <NOTES-PAYABLE> 523,209 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,819 <OTHER-SE> 3,414,653 <TOTAL-LIABILITY-AND-EQUITY> 29,454,005 <PREMIUMS> 5,873,661 <INVESTMENT-INCOME> 1,077,715 <INVESTMENT-GAINS> (5,440) <OTHER-INCOME> 304,766<F1> <BENEFITS> 4,833,077 <UNDERWRITING-AMORTIZATION> 180,417 <UNDERWRITING-OTHER> 1,372,388 <INCOME-PRETAX> 864,820<F1> <INCOME-TAX> 279,797 <INCOME-CONTINUING> 585,023<F2> <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 585,023<F2> <EPS-PRIMARY> 4.30<F2> <EPS-DILUTED> 4.16<F2> <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Includes $267,223 gain from the sale of the television business. <F2>Includes $211,190 after-tax gain ($1.55 basic earnings per share, $1.50 diluted earnings per share) from the sale of the television business. </FN>