<ARTICLE> 7 <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <DEBT-HELD-FOR-SALE> 2,742,888 <DEBT-CARRYING-VALUE> 2,020,371 <DEBT-MARKET-VALUE> 2,071,853 <EQUITIES> 850,454 <MORTGAGE> 839,569 <REAL-ESTATE> 29,640 <TOTAL-INVEST> 6,759,448 <CASH> 27,267 <RECOVER-REINSURE> 34,323 <DEFERRED-ACQUISITION> 560,459 <TOTAL-ASSETS> 7,989,646 <POLICY-LOSSES> 4,578,738 <UNEARNED-PREMIUMS> 30,040 <POLICY-OTHER> 49,510 <POLICY-HOLDER-FUNDS> 198,266 <NOTES-PAYABLE> 342,557 <COMMON> 59,334 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,939,784 <TOTAL-LIABILITY-AND-EQUITY> 7,989,646 <PREMIUMS> 453,884 <INVESTMENT-INCOME> 322,037 <INVESTMENT-GAINS> 26,066 <OTHER-INCOME> 223,692 <BENEFITS> 547,284 <UNDERWRITING-AMORTIZATION> 29,061 <UNDERWRITING-OTHER> (61,227) <INCOME-PRETAX> 250,309 <INCOME-TAX> 81,884 <INCOME-CONTINUING> 168,425 <DISCONTINUED> 18,541 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 186,966 <EPS-PRIMARY> 3.90 <EPS-DILUTED> 3.90 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0