<ARTICLE> 7 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <DEBT-HELD-FOR-SALE> 16,802 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 153 <MORTGAGE> 183 <REAL-ESTATE> 0 <TOTAL-INVEST> 21,627 <CASH> 59 <RECOVER-REINSURE> 461 <DEFERRED-ACQUISITION> 4,103 <TOTAL-ASSETS> 125,581 <POLICY-LOSSES> 5,987 <UNEARNED-PREMIUMS> 53 <POLICY-OTHER> 16,678 <POLICY-HOLDER-FUNDS> 97,377 <NOTES-PAYABLE> 650 <PREFERRED-MANDATORY> 250<F1> <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 2,316 <TOTAL-LIABILITY-AND-EQUITY> 125,581 <PREMIUMS> 2,954 <INVESTMENT-INCOME> 1,163 <INVESTMENT-GAINS> (5) <OTHER-INCOME> 0 <BENEFITS> 2,282 <UNDERWRITING-AMORTIZATION> 417 <UNDERWRITING-OTHER> 847 <INCOME-PRETAX> 494 <INCOME-TAX> 155 <INCOME-CONTINUING> 339 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 339 <EPS-BASIC> 2.42 <EPS-DILUTED> 2.42 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>REPRESENTS COMPANY OBLIGATED MANDATORILY REDEEMABLE PREFERRED SECURITIES OF SUBSIDIARY TRUST HOLDING SOLELY PARENT JUNIOR SUBORDINATED DEBENTURES </FN>