<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <DEBT-HELD-FOR-SALE> 22,968,900 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 263,400 <MORTGAGE> 1,070,800 <F1> <REAL-ESTATE> 0 <TOTAL-INVEST> 28,696,600 <CASH> 0 <RECOVER-REINSURE> 761,800 <DEFERRED-ACQUISITION> 3,465,100 <F2> <TOTAL-ASSETS> 41,124,000 <POLICY-LOSSES> 23,078,600 <UNEARNED-PREMIUMS> 409,100 <POLICY-OTHER> 1,280,700 <POLICY-HOLDER-FUNDS> 336,600 <NOTES-PAYABLE> 4,494,200 <F3> <PREFERRED-MANDATORY> 1,388,100 <PREFERRED> 115,800 <COMMON> 2,621,000 <OTHER-SE> 2,504,400 <F4> <TOTAL-LIABILITY-AND-EQUITY> 41,124,000 <PREMIUMS> 990,100 <INVESTMENT-INCOME> 676,200 <INVESTMENT-GAINS> 104,800 <OTHER-INCOME> 213,700 <F5> <BENEFITS> 954,400 <F6> <UNDERWRITING-AMORTIZATION> 170,600 <F7> <UNDERWRITING-OTHER> 295,000 <INCOME-PRETAX> 420,600 <INCOME-TAX> 170,200 <INCOME-CONTINUING> 250,400 <DISCONTINUED> 0 <EXTRAORDINARY> (16,400) <CHANGES> 0 <NET-INCOME> 214,600 <EPS-PRIMARY> .69 <EPS-DILUTED> .65 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1> Includes $596,600 of credit-tenant loans. <F2> Includes $2,442,600 of cost of policies purchased. <F3> Includes $2,059,100 related to consumer and commercial finance debt. <F4> Includes retained earnings of $2,336,700, and accumulated other comprehensive income of $167,700. <F5> Includes gain on loan securitizations of $137,200 and fee revenue and other income of $76,500. <F6> Includes insurance policy benefits of $680,400 and amounts added to annuity and financial product policyholder account balances of $274,000. <F7> Includes amortization of cost of policies purchased of $51,000, amortization of cost of policies produced of $33,200 and amortization related to investment gains of $86,400. </FN>