<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED BALANCE SHEET AND THE UNAUDITED STATEMENT OF CONSOLIDATED
INCOME AND RETAINED EARNINGS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<DEBT-HELD-FOR-SALE>                        10,139,061
<DEBT-CARRYING-VALUE>                        2,102,507
<DEBT-MARKET-VALUE>                          2,098,909
<EQUITIES>                                     929,968
<MORTGAGE>                                     419,390
<REAL-ESTATE>                                  505,662
<TOTAL-INVEST>                              14,436,538
<CASH>                                          46,815
<RECOVER-REINSURE>                             171,109
<DEFERRED-ACQUISITION>                         392,745
<TOTAL-ASSETS>                              16,870,645
<POLICY-LOSSES>                              2,294,838
<UNEARNED-PREMIUMS>                            868,154
<POLICY-OTHER>                                 156,744
<POLICY-HOLDER-FUNDS>                        8,219,373
<NOTES-PAYABLE>                              1,230,325
<COMMON>                                       213,443
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   2,964,132
<TOTAL-LIABILITY-AND-EQUITY>                16,870,645
<PREMIUMS>                                     593,831
<INVESTMENT-INCOME>                            259,351
<INVESTMENT-GAINS>                               5,278
<OTHER-INCOME>                                  39,067
<BENEFITS>                                     589,499
<UNDERWRITING-AMORTIZATION>                    100,509
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                 76,126
<INCOME-TAX>                                    10,916
<INCOME-CONTINUING>                             65,210
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    65,210
<EPS-PRIMARY>                                     1.04
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0