<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND THE STATEMENT OF CONSOLIDATED INCOME AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<DEBT-HELD-FOR-SALE>                            17,733
<DEBT-CARRYING-VALUE>                            2,707
<DEBT-MARKET-VALUE>                              3,240
<EQUITIES>                                       2,000
<MORTGAGE>                                         510
<REAL-ESTATE>                                      612
<TOTAL-INVEST>                                  23,865
<CASH>                                              56
<RECOVER-REINSURE>                                 289
<DEFERRED-ACQUISITION>                             568
<TOTAL-ASSETS>                                  30,292
<POLICY-LOSSES>                                  4,342
<UNEARNED-PREMIUMS>                              1,782
<POLICY-OTHER>                                     279
<POLICY-HOLDER-FUNDS>                           12,184
<NOTES-PAYABLE>                                  2,405
<PREFERRED-MANDATORY>                              842
<PREFERRED>                                          0
<COMMON>                                           914
<OTHER-SE>                                       4,755
<TOTAL-LIABILITY-AND-EQUITY>                    30,292
<PREMIUMS>                                       2,252
<INVESTMENT-INCOME>                                754
<INVESTMENT-GAINS>                                  45
<OTHER-INCOME>                                     135
<BENEFITS>                                       2,055
<UNDERWRITING-AMORTIZATION>                        387
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                    238
<INCOME-TAX>                                        35
<INCOME-CONTINUING>                                203
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       181
<EPS-PRIMARY>                                     1.28
<EPS-DILUTED>                                     1.28
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0