<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 18,138 <DEBT-CARRYING-VALUE> 2,715 <DEBT-MARKET-VALUE> 3,322 <EQUITIES> 1,817 <MORTGAGE> 520 <REAL-ESTATE> 611 <TOTAL-INVEST> 24,089 <CASH> 55 <RECOVER-REINSURE> 301 <DEFERRED-ACQUISITION> 521 <TOTAL-ASSETS> 30,561 <POLICY-LOSSES> 4,312 <UNEARNED-PREMIUMS> 1,811 <POLICY-OTHER> 285 <POLICY-HOLDER-FUNDS> 12,407 <NOTES-PAYABLE> 2,670 <PREFERRED-MANDATORY> 842 <PREFERRED> 0 <COMMON> 883 <OTHER-SE> 4,669 <TOTAL-LIABILITY-AND-EQUITY> 30,561 <PREMIUMS> 3,406 <INVESTMENT-INCOME> 1,138 <INVESTMENT-GAINS> 62 <OTHER-INCOME> 206 <BENEFITS> 3,072 <UNDERWRITING-AMORTIZATION> 587 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 335 <INCOME-TAX> 46 <INCOME-CONTINUING> 289 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 256 <EPS-PRIMARY> 1.82 <EPS-DILUTED> 1.81 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0