<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <DEBT-HELD-FOR-SALE> 5,896,600 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 74,000 <MORTGAGE> 17,900 <REAL-ESTATE> 72,000 <TOTAL-INVEST> 6,372,700 <CASH> 36,000 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 317,400 <TOTAL-ASSETS> 7,276,200 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 369,400 <POLICY-HOLDER-FUNDS> 5,473,600 <NOTES-PAYABLE> 199,500 <PREFERRED-MANDATORY> 219,600<F1> <PREFERRED> 0 <COMMON> 42,400 <OTHER-SE> 530,700 <TOTAL-LIABILITY-AND-EQUITY> 7,276,200 <PREMIUMS> 77,400 <INVESTMENT-INCOME> 371,500 <INVESTMENT-GAINS> (4,200) <OTHER-INCOME> 14,400 <BENEFITS> 247,200 <UNDERWRITING-AMORTIZATION> 29,900 <UNDERWRITING-OTHER> 78,900 <INCOME-PRETAX> 81,000 <INCOME-TAX> 24,800 <INCOME-CONTINUING> 56,200 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (4,700) <NET-INCOME> 51,500 <EPS-BASIC> 1.21 <EPS-DILUTED> 1.19 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>(a) Mandatorily Redeemable Preferred Securities of subsidiary trusts </FN>