<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from SEC Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <DEBT-HELD-FOR-SALE> 3680761 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 971061 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 4993147 <CASH> 50339 <RECOVER-REINSURE> 125660 <DEFERRED-ACQUISITION> 73984 <TOTAL-ASSETS> 5795505 <POLICY-LOSSES> 2252102 <UNEARNED-PREMIUMS> 813726 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 72913 <NOTES-PAYABLE> 434444 <COMMON> 71681 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1796767 <TOTAL-LIABILITY-AND-EQUITY> 5795505 <PREMIUMS> 2787011 <INVESTMENT-INCOME> 226804 <INVESTMENT-GAINS> 21587 <OTHER-INCOME> 18613 <BENEFITS> 2249652 <UNDERWRITING-AMORTIZATION> 213081 <UNDERWRITING-OTHER> 244074 <INCOME-PRETAX> 308299 <INCOME-TAX> 60675 <INCOME-CONTINUING> 247624 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 247624 <EPS-PRIMARY> 3.66 <EPS-DILUTED> 3.66 <RESERVE-OPEN> 1886951 <PROVISION-CURRENT> 2338075 <PROVISION-PRIOR> (93677) <PAYMENTS-CURRENT> 1281621 <PAYMENTS-PRIOR> 761639 <RESERVE-CLOSE> 2088089 <CUMULATIVE-DEFICIENCY> (93677)