<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <DEBT-HELD-FOR-SALE> 81,742 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 4 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 108,247 <CASH> 1,204 <RECOVER-REINSURE> 2,910 <DEFERRED-ACQUISITION> 39,152 <TOTAL-ASSETS> 284,982 <POLICY-LOSSES> 54,894 <UNEARNED-PREMIUMS> 129 <POLICY-OTHER> 41,915 <POLICY-HOLDER-FUNDS> 4,838 <NOTES-PAYABLE> 61,477 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,169 <OTHER-SE> 83,338 <TOTAL-LIABILITY-AND-EQUITY> 284,982 <PREMIUMS> 21,611 <INVESTMENT-INCOME> 3,623 <INVESTMENT-GAINS> 0 <OTHER-INCOME> 1,904 <BENEFITS> 10,794 <UNDERWRITING-AMORTIZATION> 1,883 <UNDERWRITING-OTHER> 7,050 <INCOME-PRETAX> 4,899 <INCOME-TAX> 1,210 <INCOME-CONTINUING> 11,394 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,394 <EPS-PRIMARY> 10.26 <EPS-DILUTED> 10.26 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0