<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <DEBT-HELD-FOR-SALE> 2,842,836 <DEBT-CARRYING-VALUE> 395,927 <DEBT-MARKET-VALUE> 390,621 <EQUITIES> 507 <MORTGAGE> 16,671 <REAL-ESTATE> 0 <TOTAL-INVEST> 4,329,784 <CASH> 84,824 <RECOVER-REINSURE> 24,178 <DEFERRED-ACQUISITION> 984,544 <TOTAL-ASSETS> 19,456,018 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 535,738 <POLICY-HOLDER-FUNDS> 2,901,108 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,500 <OTHER-SE> 1,671,003 <TOTAL-LIABILITY-AND-EQUITY> 19,456,018 <PREMIUMS> 50,815 <INVESTMENT-INCOME> 209,508 <INVESTMENT-GAINS> (17,916) <OTHER-INCOME> 15,480 <BENEFITS> 142,125 <UNDERWRITING-AMORTIZATION> 84,398 <UNDERWRITING-OTHER> 213,785 <INCOME-PRETAX> 72,842 <INCOME-TAX> 25,494 <INCOME-CONTINUING> 47,348 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 47,348 <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