<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <DEBT-HELD-FOR-SALE> 20,591,500 <DEBT-CARRYING-VALUE> 249,400 <DEBT-MARKET-VALUE> 265,800 <EQUITIES> 1,325,400 <MORTGAGE> 2,987,500 <REAL-ESTATE> 1,623,700 <TOTAL-INVEST> 73,344,800 <CASH> 3,011,400 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 3,667,500 <TOTAL-ASSETS> 180,458,600 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 4,754,700 <POLICY-HOLDER-FUNDS> 20,989,600 <NOTES-PAYABLE> 7,237,200 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,200 <OTHER-SE> 5,667,100 <TOTAL-LIABILITY-AND-EQUITY> 180,458,600 <PREMIUMS> 431,600 <INVESTMENT-INCOME> 1,053,400 <INVESTMENT-GAINS> 172,800 <OTHER-INCOME> 1,294,900 <BENEFITS> 240,800 <UNDERWRITING-AMORTIZATION> 92,100 <UNDERWRITING-OTHER> 1,885,300 <INCOME-PRETAX> 464,300 <INCOME-TAX> 156,700 <INCOME-CONTINUING> 226,400 <DISCONTINUED> (5,300) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 221,100 <EPS-PRIMARY> 1.01 <EPS-DILUTED> 0.96 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0