<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF INCOME AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<DEBT-HELD-FOR-SALE>                           758,891
<DEBT-CARRYING-VALUE>                        5,360,202
<DEBT-MARKET-VALUE>                          5,112,551
<EQUITIES>                                         183
<MORTGAGE>                                     503,039
<REAL-ESTATE>                                   18,930
<TOTAL-INVEST>                               6,837,148
<CASH>                                          13,952
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                         568,987
<TOTAL-ASSETS>                               7,716,374
<POLICY-LOSSES>                              6,701,938
<UNEARNED-PREMIUMS>                             14,033
<POLICY-OTHER>                                   4,607
<POLICY-HOLDER-FUNDS>                           25,871
<NOTES-PAYABLE>                                174,500
<COMMON>                                        31,650
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     547,602
<TOTAL-LIABILITY-AND-EQUITY>                 7,716,374
<PREMIUMS>                                      35,167
<INVESTMENT-INCOME>                            382,562
<INVESTMENT-GAINS>                              17,057
<OTHER-INCOME>                                  45,504
<BENEFITS>                                     303,260
<UNDERWRITING-AMORTIZATION>                     37,164
<UNDERWRITING-OTHER>                            13,242
<INCOME-PRETAX>                                113,026
<INCOME-TAX>                                    39,609
<INCOME-CONTINUING>                             73,336
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    73,336
<EPS-PRIMARY>                                     2.32
<EPS-DILUTED>                                     2.27
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0