<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <DEBT-HELD-FOR-SALE> 1,722,541 <DEBT-CARRYING-VALUE> 1,880,772 <DEBT-MARKET-VALUE> 1,774,791 <EQUITIES> 835,169 <MORTGAGE> 640,352 <REAL-ESTATE> 31,383 <TOTAL-INVEST> 5,369,108 <CASH> 14,558 <RECOVER-REINSURE> 28,827 <DEFERRED-ACQUISITION> 313,530 <TOTAL-ASSETS> 6,114,304 <POLICY-LOSSES> 3,384,577 <UNEARNED-PREMIUMS> 51,607 <POLICY-OTHER> 2,808 <POLICY-HOLDER-FUNDS> 238,708 <NOTES-PAYABLE> 266,492 <COMMON> 60,563 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,700,561 <TOTAL-LIABILITY-AND-EQUITY> 6,114,304 <PREMIUMS> 427,511 <INVESTMENT-INCOME> 287,057 <INVESTMENT-GAINS> 42,592 <OTHER-INCOME> 219,370 <BENEFITS> 494,965 <UNDERWRITING-AMORTIZATION> 27,957 <UNDERWRITING-OTHER> (56,518) <INCOME-PRETAX> 258,029 <INCOME-TAX> 86,596 <INCOME-CONTINUING> 171,433 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 171,433 <EPS-PRIMARY> 3.52 <EPS-DILUTED> 3.52 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0