<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 82,619 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 4 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 110,708 <CASH> 1,896 <RECOVER-REINSURE> 5,359 <DEFERRED-ACQUISITION> 40,396 <TOTAL-ASSETS> 291,632 <POLICY-LOSSES> 58,088 <UNEARNED-PREMIUMS> 129 <POLICY-OTHER> 41,434 <POLICY-HOLDER-FUNDS> 5,754 <NOTES-PAYABLE> 61,477 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,169 <OTHER-SE> 86,091 <TOTAL-LIABILITY-AND-EQUITY> 291,632 <PREMIUMS> 32,636 <INVESTMENT-INCOME> 5,438 <INVESTMENT-GAINS> 0 <OTHER-INCOME> 2,731 <BENEFITS> 16,768 <UNDERWRITING-AMORTIZATION> 2,745 <UNDERWRITING-OTHER> 10,104 <INCOME-PRETAX> 6,971 <INCOME-TAX> 1,691 <INCOME-CONTINUING> 13,559 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,559 <EPS-PRIMARY> 12.19 <EPS-DILUTED> 12.19 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0