<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> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <DEBT-HELD-FOR-SALE> 18,217 <DEBT-CARRYING-VALUE> 2,730 <DEBT-MARKET-VALUE> 3,107 <EQUITIES> 2,011 <MORTGAGE> 670 <REAL-ESTATE> 236 <TOTAL-INVEST> 24,112 <CASH> 137 <RECOVER-REINSURE> 392 <DEFERRED-ACQUISITION> 549 <TOTAL-ASSETS> 31,067 <POLICY-LOSSES> 4,279 <UNEARNED-PREMIUMS> 1,783 <POLICY-OTHER> 280 <POLICY-HOLDER-FUNDS> 12,825 <NOTES-PAYABLE> 2,358 <PREFERRED-MANDATORY> 842 <PREFERRED> 0 <COMMON> 888 <OTHER-SE> 4,546 <TOTAL-LIABILITY-AND-EQUITY> 31,067 <PREMIUMS> 1,157 <INVESTMENT-INCOME> 390 <INVESTMENT-GAINS> 56 <OTHER-INCOME> 69 <BENEFITS> 1,043 <UNDERWRITING-AMORTIZATION> 202 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 163 <INCOME-TAX> 33 <INCOME-CONTINUING> 130 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 119 <EPS-PRIMARY> 0.87 <EPS-DILUTED> 0.87 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0