<ARTICLE> 7 <MULTIPLIER> 1000000 <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> DEC-31-1996 DEC-31-1995 <DEBT-HELD-FOR-SALE> 8164 9458 <DEBT-CARRYING-VALUE> 0 0 <DEBT-MARKET-VALUE> 0 0 <EQUITIES> 16 65 <MORTGAGE> 406 254 <REAL-ESTATE> 554 653 <TOTAL-INVEST> 10076 11107 <CASH> 73 119 <RECOVER-REINSURE> 1576 604 <DEFERRED-ACQUISITION> 456 434 <TOTAL-ASSETS> 14407 14651 <POLICY-LOSSES> 9573 9805 <UNEARNED-PREMIUMS> 1113 1055 <POLICY-OTHER> 11 11 <POLICY-HOLDER-FUNDS> 91 89 <NOTES-PAYABLE> 482 607 <PREFERRED-MANDATORY> 100 0 <PREFERRED> 200 213 <COMMON> 286 299 <OTHER-SE> 1383 1472 <TOTAL-LIABILITY-AND-EQUITY> 14307 14651 <PREMIUMS> 2731 2666 <INVESTMENT-INCOME> 705 733 <INVESTMENT-GAINS> 44 7 <OTHER-INCOME> 18 53 <BENEFITS> 2181 2178 <UNDERWRITING-AMORTIZATION> 707 714 <UNDERWRITING-OTHER> 337 334 <INCOME-PRETAX> 259 195 <INCOME-TAX> (2) (14) <INCOME-CONTINUING> 261 209 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 261 209 <EPS-PRIMARY> 2.05 1.63 <EPS-DILUTED> 1.95 1.53 <RESERVE-OPEN> 5113 5142 <PROVISION-CURRENT> 2030 1856 <PROVISION-PRIOR> (162) (54) <PAYMENTS-CURRENT> 764 635 <PAYMENTS-PRIOR> 1190 1196 <RESERVE-CLOSE> 5027 5113 <CUMULATIVE-DEFICIENCY> (162) (54)