<ARTICLE> 7
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<DEBT-HELD-FOR-SALE>                            16,848
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                         181
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  20,970
<CASH>                                              88
<RECOVER-REINSURE>                               5,765
<DEFERRED-ACQUISITION>                           3,361
<TOTAL-ASSETS>                                 100,980
<POLICY-LOSSES>                                  4,939
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                  21,139
<POLICY-HOLDER-FUNDS>                           69,362
<NOTES-PAYABLE>                                    700
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                       2,143
<TOTAL-LIABILITY-AND-EQUITY>                   100,980
<PREMIUMS>                                       3,163
<INVESTMENT-INCOME>                              1,536
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                       0
<BENEFITS>                                       2,671
<UNDERWRITING-AMORTIZATION>                        345
<UNDERWRITING-OTHER>                             1,118
<INCOME-PRETAX>                                    480
<INCOME-TAX>                                       174
<INCOME-CONTINUING>                                306
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       306
<EPS-PRIMARY>                                     2.28
<EPS-DILUTED>                                     2.28
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0