<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <DEBT-HELD-FOR-SALE> 0 <DEBT-CARRYING-VALUE> 2,571,814 <DEBT-MARKET-VALUE> 2,596,116 <EQUITIES> 6,049 <MORTGAGE> 65,488 <REAL-ESTATE> 4,130 <TOTAL-INVEST> 3,295,898 <CASH> 33,724 <RECOVER-REINSURE> 137 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 7,127,413 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 16,199 <POLICY-HOLDER-FUNDS> 2,904 <NOTES-PAYABLE> 0 <COMMON> 2,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 710,426 <TOTAL-LIABILITY-AND-EQUITY> 7,127,413 <PREMIUMS> 139,974 <INVESTMENT-INCOME> 63,604 <INVESTMENT-GAINS> (1,210) <OTHER-INCOME> 3,660 <BENEFITS> 116,324 <UNDERWRITING-AMORTIZATION> 6,206 <UNDERWRITING-OTHER> 27,547 <INCOME-PRETAX> 55,951 <INCOME-TAX> 20,470 <INCOME-CONTINUING> 35,481 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 35,481 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0