<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> 12-MOS 12-MOS 12-MOS
<FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 DEC-31-1995
<PERIOD-END> DEC-31-1997 DEC-31-1996 DEC-31-1995
<DEBT-HELD-FOR-SALE> 22,773,700 17,307,100 12,963,300
<DEBT-CARRYING-VALUE> 0 0 0
<DEBT-MARKET-VALUE> 0 0 0
<EQUITIES> 228,900 99,700 36,600
<MORTGAGE> 1,074,800 <F1> 803,100 <F2> 559,000 <F3>
<REAL-ESTATE> 0 0 0
<TOTAL-INVEST> 28,525,600 20,743,900 15,098,000
<CASH> 0 0 0
<RECOVER-REINSURE> 795,800 504,200 84,800
<DEFERRED-ACQUISITION> 3,381,600 <F4> 2,559,300 <F5> 1,421,700 <F6>
<TOTAL-ASSETS> 40,629,900 28,692,700 19,510,100
<POLICY-LOSSES> 23,142,400 17,975,600 12,673,100
<UNEARNED-PREMIUMS> 406,100 272,400 187,900
<POLICY-OTHER> 1,250,600 815,900 244,700
<POLICY-HOLDER-FUNDS> 364,900 240,400 272,700
<NOTES-PAYABLE> 4,221,200 <F7> 1,857,400 <F8> 1,839,700 <F9>
<PREFERRED-MANDATORY> 1,383,900 600,000 0
<PREFERRED> 115,800 267,100 283,500
<COMMON> 2,619,800 2,350,700 428,200
<OTHER-SE> 2,478,300 <F10> 1,599,000 <F11> 1,320,000 <F12>
<TOTAL-LIABILITY-AND-EQUITY> 40,629,900 28,692,700 19,510,100
<PREMIUMS> 3,410,800 1,654,200 1,465,000
<INVESTMENT-INCOME> 2,170,100 1,517,800 1,318,600
<INVESTMENT-GAINS> 266,500 60,800 204,100
<OTHER-INCOME> 809,000 <F13> 557,000 <F14> 573,500 <F15>
<BENEFITS> 3,175,000 <F16> 1,863,600 <F17> 1,692,900 <F18>
<UNDERWRITING-AMORTIZATION> 548,000 <F19> 266,400 <F20> 307,500 <F21>
<UNDERWRITING-OTHER> 1,006,300 634,200 516,500
<INCOME-PRETAX> 1,485,700 815,800 822,700
<INCOME-TAX> 560,100 302,200 240,700
<INCOME-CONTINUING> 925,600 513,600 582,000
<DISCONTINUED> 0 0 0
<EXTRAORDINARY> (6,900) (26,500) (2,100)
<CHANGES> 0 0 0
<NET-INCOME> 866,400 452,200 470,900
<EPS-PRIMARY> 2.72 1.85 2.19
<EPS-DILUTED> 2.52 1.69 2.03
<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
<FN>
<F1> Includes $558,600 of credit-tenant loans.
<F2> Includes $447,100 of credit-tenant loans.
<F3> Includes $259,100 of credit-tenant loans.
<F4> Includes $2,466,400 of cost of policies purchased.
<F5> Includes $2,015,000 of cost of policies purchased.
<F6> Includes $1,030,700 of cost of policies purchased.
<F7> Includes $1,866,300 related to consumer and commercial finance debt.
<F8> Includes $762,500 related to consumer and commercial finance debt.
<F9> Includes $383,600 related to consumer and commercial finance debt and
notes payable of subsidiaries of $584,700 which were not direct
obligations of Conseco.
<F10> Includes retained earnings of $2,277,700 and accumulated other
comprehensive income of $200,600.
<F11> Includes retained earnings of $1,562,400 and accumulated other
comprehensive income of $36,600.
<F12> Includes retained earnings of $1,207,300 and accumulated other
comprehensive income of $112,700.
<F13> Includes gain on loan securitizations of $569,100 and fee revenue and
other income of $239,900.
<F14> Includes gain on loan securitizations of $388,100 and fee revenue and
other income of $168,900.
<F15> Includes gain on loan securitizations of $443,300 and fee revenue and
other income of $130,200.
<F16> Includes insurance policy benefits of $2,368,300 and amounts added to
annuity and financial product policyholder account balances of $806,700.
<F17> Includes insurance policy benefits of $1,195,000 and amounts added to
annuity and financial product policyholder account balances of $668,600.
<F18> Includes insurance policy benefits of $1,107,500 and amounts added to
annuity and financial product policyholder account balances of $585,400.
<F19> Includes amortization of cost of policies purchased of $261,800,
amortization of cost of policies produced of $105,000 and amortization
related to investment gains of $181,200.
<F20> Includes amortization of cost of policies purchased of $157,500,
amortization of cost of policies produced of $72,900 and amortization
related to investment gains of $36,000.
<F21> Includes amortization of cost of policies purchased of $118,800,
amortization of cost of policies produced of $62,100 and amortization
related to investment gains of $126,600.
</FN>