<ARTICLE> 7 <LEGEND> This restated schedule contains summary financial information extracted from the Company's consolidated financial statements as filed in Form 10-Q for the quarter ended June 30, 1997. This information is qualified in its entirety by reference to such financial statements. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 22,390,967 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 156,273 <MORTGAGE> 16,524 <REAL-ESTATE> 0 <TOTAL-INVEST> 22,614,774<F1> <CASH> 541,605<F1> <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 2,745,129 <TOTAL-ASSETS> 30,188,858 <POLICY-LOSSES> 21,099,438 <UNEARNED-PREMIUMS> 291,516 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 206,842 <NOTES-PAYABLE> 539,249 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,782 <OTHER-SE> 2,628,519 <TOTAL-LIABILITY-AND-EQUITY> 30,188,858 <PREMIUMS> 2,903,343 <INVESTMENT-INCOME> 518,630 <INVESTMENT-GAINS> (1,135) <OTHER-INCOME> 295,392<F2> <BENEFITS> 2,391,749 <UNDERWRITING-AMORTIZATION> 87,475 <UNDERWRITING-OTHER> 672,926 <INCOME-PRETAX> 564,080<F2> <INCOME-TAX> 171,130 <INCOME-CONTINUING> 392,950<F3> <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 392,950<F3> <EPS-PRIMARY> 2.87<F3><F4> <EPS-DILUTED> 2.77<F3><F4> <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Restated to reflect change in method of reporting cash to include cash equivalents. <F2>Includes $267,223 gain from the sale of the television business in 1997. <F3>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 in 1997. <F4>Restated for Statement of Financial Accounting Standard No. 128, Earnings Per Share. </FN>