<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <DEBT-HELD-FOR-SALE> 1,606,865 <DEBT-CARRYING-VALUE> 1,940,046 <DEBT-MARKET-VALUE> 1,798,135 <EQUITIES> 718,023 <MORTGAGE> 680,625 <REAL-ESTATE> 30,888 <TOTAL-INVEST> 5,220,669 <CASH> 22,774 <RECOVER-REINSURE> 30,036 <DEFERRED-ACQUISITION> 329,139 <TOTAL-ASSETS> 6,140,336 <POLICY-LOSSES> 3,297,237 <UNEARNED-PREMIUMS> 23,321 <POLICY-OTHER> 118,336 <POLICY-HOLDER-FUNDS> 194,869 <NOTES-PAYABLE> 266,838 <COMMON> 60,564 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,671,979 <TOTAL-LIABILITY-AND-EQUITY> 6,140,336 <PREMIUMS> 655,302 <INVESTMENT-INCOME> 375,196 <INVESTMENT-GAINS> 61,426 <OTHER-INCOME> 176,886 <BENEFITS> 627,862 <UNDERWRITING-AMORTIZATION> 22,265 <UNDERWRITING-OTHER> (62,675) <INCOME-PRETAX> 347,603 <INCOME-TAX> 117,707 <INCOME-CONTINUING> 229,896 <DISCONTINUED> 9,341 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 239,237 <EPS-PRIMARY> 4.92 <EPS-DILUTED> 4.92 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0