<ARTICLE> 7 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <DEBT-HELD-FOR-SALE> 691,976,855 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 24,229,849 <MORTGAGE> 338,458,261 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,146,717,259 <CASH> 1,726,812 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 96,246,153 <TOTAL-ASSETS> 1,288,826,060 <POLICY-LOSSES> 660,081,842 <UNEARNED-PREMIUMS> 25,658,167 <POLICY-OTHER> 11,004,362 <POLICY-HOLDER-FUNDS> 65,821,085 <NOTES-PAYABLE> 0 <COMMON> 5,488,784 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 461,281,150 <TOTAL-LIABILITY-AND-EQUITY> 1,288,826,060 <PREMIUMS> 116,071,422 <INVESTMENT-INCOME> 84,902,022 <INVESTMENT-GAINS> (42,592) <OTHER-INCOME> 0 <BENEFITS> 91,098,014 <UNDERWRITING-AMORTIZATION> 13,221,175 <UNDERWRITING-OTHER> 41,015,687 <INCOME-PRETAX> 55,595,576 <INCOME-TAX> 19,400,000 <INCOME-CONTINUING> 36,195,976 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 36,195,976 <EPS-PRIMARY> 2.04 <EPS-DILUTED> 2.04 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0