<ARTICLE> 7


                                                           
<PERIOD-TYPE>                                                            6-MOS
<FISCAL-YEAR-END>                                                  DEC-31-1999
<PERIOD-START>                                                     JAN-01-1999
<PERIOD-END>                                                       JUN-30-1999
<DEBT-HELD-FOR-SALE>                                                 2,585,298
<DEBT-CARRYING-VALUE>                                                  409,621
<DEBT-MARKET-VALUE>                                                    409,171
<EQUITIES>                                                               3,223
<MORTGAGE>                                                              16,889
<REAL-ESTATE>                                                                0
<TOTAL-INVEST>                                                       4,164,771
<CASH>                                                                 101,130
<RECOVER-REINSURE>                                                      22,780
<DEFERRED-ACQUISITION>                                                 951,805
<TOTAL-ASSETS>                                                      19,364,412
<POLICY-LOSSES>                                                              0
<UNEARNED-PREMIUMS>                                                          0
<POLICY-OTHER>                                                         543,891
<POLICY-HOLDER-FUNDS>                                                2,793,676
<NOTES-PAYABLE>                                                              0
<PREFERRED-MANDATORY>                                                        0
<PREFERRED>                                                                  0
<COMMON>                                                                 2,500
<OTHER-SE>                                                           1,655,675
<TOTAL-LIABILITY-AND-EQUITY>                                        19,364,412
<PREMIUMS>                                                              31,309
<INVESTMENT-INCOME>                                                    137,597
<INVESTMENT-GAINS>                                                     (13,800)
<OTHER-INCOME>                                                             845
<BENEFITS>                                                             159,389
<UNDERWRITING-AMORTIZATION>                                             49,686
<UNDERWRITING-OTHER>                                                   141,972
<INCOME-PRETAX>                                                         36,786
<INCOME-TAX>                                                            12,875
<INCOME-CONTINUING>                                                     23,911
<DISCONTINUED>                                                               0
<EXTRAORDINARY>                                                              0
<CHANGES>                                                                    0
<NET-INCOME>                                                            23,911
<EPS-BASIC>                                                                0
<EPS-DILUTED>                                                                0
<RESERVE-OPEN>                                                               0
<PROVISION-CURRENT>                                                          0
<PROVISION-PRIOR>                                                            0
<PAYMENTS-CURRENT>                                                           0
<PAYMENTS-PRIOR>                                                             0
<RESERVE-CLOSE>                                                              0
<CUMULATIVE-DEFICIENCY>                                                      0