<ARTICLE> 7 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS 6-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 DEC-31-1995 <PERIOD-END> JUN-30-1997 JUN-30-1996 JUN-30-1995 <DEBT-HELD-FOR-SALE> 11,935,094 10,257,774 9,621,174 <DEBT-CARRYING-VALUE> 0 0 0 <DEBT-MARKET-VALUE> 0 0 0 <EQUITIES> 986,124 802,117 662,461 <MORTGAGE> 0 0 0 <REAL-ESTATE> 731,876 611,614 617,867 <TOTAL-INVEST> 14,584,109 12,736,605 11,879,788 <CASH> 54,423 21,874 24,029 <RECOVER-REINSURE> 67,579 70,301 138,733 <DEFERRED-ACQUISITION> 398,898 371,383 337,825 <TOTAL-ASSETS> 20,925,916 18,503,607 17,316,634 <POLICY-LOSSES> 11,743,413 10,354,052 9,693,382 <UNEARNED-PREMIUMS> 2,418,414 2,242,500 2,169,679 <POLICY-OTHER> 0 0 0 <POLICY-HOLDER-FUNDS> 0 0 0 <NOTES-PAYABLE> 705,740 688,663 580,140 <PREFERRED-MANDATORY> 207,000 207,000 207,000 <PREFERRED> 17,998 12,813 7,656 <COMMON> 496,905 464,844 454,406 <OTHER-SE> 3,692,495 3,220,296 2,845,916 <TOTAL-LIABILITY-AND-EQUITY> 20,925,916 18,503,607 17,316,634 <PREMIUMS> 2,336,750 2,085,960 1,937,897 <INVESTMENT-INCOME> 436,232 389,180 361,848 <INVESTMENT-GAINS> 263,506 95,425 12,324 <OTHER-INCOME> 141,426 123,800 124,869 <BENEFITS> 1,714,363 1,534,261 1,403,829 <UNDERWRITING-AMORTIZATION> 527,474 462,279 426,922 <UNDERWRITING-OTHER> 382,490 347,362 296,463 <INCOME-PRETAX> 553,587 350,463 309,724 <INCOME-TAX> 130,764 70,757 63,999 <INCOME-CONTINUING> 422,823 279,706 245,725 <DISCONTINUED> (67,750) (20,832) (22,162) <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 355,073 258,874 223,563 <EPS-PRIMARY> 4.13 3.00 2.57 <EPS-DILUTED> 3.86 2.83 2.47 <RESERVE-OPEN> 0 0 0 <PROVISION-CURRENT> 0 0 0 <PROVISION-PRIOR> 0 0 0 <PAYMENTS-CURRENT> 0 0 0 <PAYMENTS-PRIOR> 0 0 0 <RESERVE-CLOSE> 0 0 0 <CUMULATIVE-DEFICIENCY> 0 0 0