<ARTICLE> 7 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 DEC-31-1996 <PERIOD-END> MAR-31-1998 MAR-31-1997 MAR-31-1996 <DEBT-HELD-FOR-SALE> 12,205,321 11,772,252 10,335,291 <DEBT-CARRYING-VALUE> 0 0 0 <DEBT-MARKET-VALUE> 0 0 0 <EQUITIES> 1,080,733 850,997 746,635 <MORTGAGE> 0 0 0 <REAL-ESTATE> 668,502 729,257 607,987 <TOTAL-INVEST> 15,078,607 14,134,846 12,674,332 <CASH> 42,647 38,383 29,134 <RECOVER-REINSURE> 53,088 84,258 94,851 <DEFERRED-ACQUISITION> 382,867 393,424 361,063 <TOTAL-ASSETS> 21,126,510 20,389,752 18,339,862 <POLICY-LOSSES> 11,722,580 11,679,590 10,276,100 <UNEARNED-PREMIUMS> 2,241,953 2,397,437 2,217,602 <POLICY-OTHER> 0 0 0 <POLICY-HOLDER-FUNDS> 0 0 0 <NOTES-PAYABLE> 654,663 707,588 664,975 <PREFERRED-MANDATORY> 207,000 207,000 207,000 <PREFERRED> 16,140 18,732 13,265 <COMMON> 523,700 487,557 462,893 <OTHER-SE> 4,279,515 3,397,274 3,216,151 <TOTAL-LIABILITY-AND-EQUITY> 21,126,510 20,389,752 18,339,862 <PREMIUMS> 1,114,756 1,171,453 1,030,576 <INVESTMENT-INCOME> 219,299 218,662 192,379 <INVESTMENT-GAINS> 44,804 95,592 47,920 <OTHER-INCOME> 88,298 71,496 59,016 <BENEFITS> 811,096 868,878 755,460 <UNDERWRITING-AMORTIZATION> 253,053 254,760 230,488 <UNDERWRITING-OTHER> 209,799 188,355 166,455 <INCOME-PRETAX> 193,209 245,210 177,488 <INCOME-TAX> 39,209 52,911 33,077 <INCOME-CONTINUING> 154,000 192,299 144,411 <DISCONTINUED> 0 (67,750) (15,590) <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 154,000 124,549 128,821 <EPS-PRIMARY> 0.90 0.73 0.75 <EPS-DILUTED> 0.83 0.68 0.70 <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