<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <DEBT-HELD-FOR-SALE> 19,625,100 <DEBT-CARRYING-VALUE> 251,100 <DEBT-MARKET-VALUE> 261,600 <EQUITIES> 1,342,700 <MORTGAGE> 3,269,700 <REAL-ESTATE> 1,522,400 <TOTAL-INVEST> 68,627,300 <CASH> 2,270,800 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 3,714,400 <TOTAL-ASSETS> 179,975,200 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 4,761,200 <POLICY-HOLDER-FUNDS> 21,184,400 <NOTES-PAYABLE> 8,422,900 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,200 <OTHER-SE> 5,767,300 <TOTAL-LIABILITY-AND-EQUITY> 179,975,200 <PREMIUMS> 870,100 <INVESTMENT-INCOME> 2,163,000 <INVESTMENT-GAINS> 606,900 <OTHER-INCOME> 2,824,800 <BENEFITS> 494,700 <UNDERWRITING-AMORTIZATION> 304,000 <UNDERWRITING-OTHER> 4,040,500 <INCOME-PRETAX> 1,085,800 <INCOME-TAX> 301,100 <INCOME-CONTINUING> 608,700 <DISCONTINUED> (6,600) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 602,100 <EPS-BASIC> 2.75 <EPS-DILUTED> 2.62 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0