<ARTICLE> 7
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<DEBT-HELD-FOR-SALE>                         5,919,500
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                      69,200
<MORTGAGE>                                      23,800
<REAL-ESTATE>                                   72,700
<TOTAL-INVEST>                               6,363,700
<CASH>                                          28,700
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                         430,400
<TOTAL-ASSETS>                               7,643,700
<POLICY-LOSSES>                                      0
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                 525,800
<POLICY-HOLDER-FUNDS>                        5,494,300
<NOTES-PAYABLE>                                201,100
<PREFERRED-MANDATORY>                          218,100<F1>
<PREFERRED>                                          0
<COMMON>                                        42,300
<OTHER-SE>                                     488,100
<TOTAL-LIABILITY-AND-EQUITY>                 7,643,700
<PREMIUMS>                                      49,900
<INVESTMENT-INCOME>                            123,300
<INVESTMENT-GAINS>                             (2,900)
<OTHER-INCOME>                                  10,900
<BENEFITS>                                     102,900
<UNDERWRITING-AMORTIZATION>                     15,200
<UNDERWRITING-OTHER>                            31,800
<INCOME-PRETAX>                                 23,100
<INCOME-TAX>                                     6,500
<INCOME-CONTINUING>                             16,600
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    17,400
<EPS-BASIC>                                        .41
<EPS-DILUTED>                                      .41
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>Mandatorily Redeemable Preferred Securities of subsidiary trusts
</FN>