<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <DEBT-HELD-FOR-SALE> 48,823,892 <DEBT-CARRYING-VALUE> 137,699,512 <DEBT-MARKET-VALUE> 183,752,694 <EQUITIES> 3,159,628 <MORTGAGE> 13,751,254 <REAL-ESTATE> 15,548,106 <TOTAL-INVEST> 236,012,909 <CASH> 14,800,236 <RECOVER-REINSURE> 39,768,757 <DEFERRED-ACQUISITION> 4,786,026 <TOTAL-ASSETS> 340,875,968 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 244,604,873 <POLICY-HOLDER-FUNDS> 18,292,491 <NOTES-PAYABLE> 5,917,969 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 79,405 <OTHER-SE> 43,846,602 <TOTAL-LIABILITY-AND-EQUITY> 340,875,968 <PREMIUMS> 5,337,148 <INVESTMENT-INCOME> 4,252,494 <INVESTMENT-GAINS> 224,681 <OTHER-INCOME> 119,609 <BENEFITS> 6,119,515 <UNDERWRITING-AMORTIZATION> 714,432 <UNDERWRITING-OTHER> 3,344,208 <INCOME-PRETAX> (244,223) <INCOME-TAX> 155,603 <INCOME-CONTINUING> (47,394) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (47,394) <EPS-BASIC> (0.01) <EPS-DILUTED> (0.01) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0