<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>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<DEBT-HELD-FOR-SALE>                        10,640,454
<DEBT-CARRYING-VALUE>                        2,146,699
<DEBT-MARKET-VALUE>                          2,341,787
<EQUITIES>                                   1,015,390
<MORTGAGE>                                     425,009
<REAL-ESTATE>                                  507,082
<TOTAL-INVEST>                              15,049,796
<CASH>                                          58,059
<RECOVER-REINSURE>                             143,378
<DEFERRED-ACQUISITION>                         349,953
<TOTAL-ASSETS>                              17,548,122
<POLICY-LOSSES>                              2,248,501
<UNEARNED-PREMIUMS>                            901,222
<POLICY-OTHER>                                 157,286
<POLICY-HOLDER-FUNDS>                        8,405,327
<NOTES-PAYABLE>                              1,251,073
<COMMON>                                       215,394
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   3,247,334
<TOTAL-LIABILITY-AND-EQUITY>                17,548,122
<PREMIUMS>                                   1,195,782
<INVESTMENT-INCOME>                            528,271
<INVESTMENT-GAINS>                              20,726
<OTHER-INCOME>                                  78,538
<BENEFITS>                                   1,142,820
<UNDERWRITING-AMORTIZATION>                    202,436
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                208,819
<INCOME-TAX>                                    40,910
<INCOME-CONTINUING>                            167,909
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   167,909
<EPS-PRIMARY>                                     2.67
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0