<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM STATEMENT OF
FINANCIAL POSITION, STATEMENT OF OPERATIONS AND UNASSIGNED DEFICIT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<DEBT-HELD-FOR-SALE>                       899,868,327
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                 100,323,352
<MORTGAGE>                                 245,462,996
<REAL-ESTATE>                               40,012,365
<TOTAL-INVEST>                           1,285,667,040
<CASH>                                               0
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                               0
<TOTAL-ASSETS>                           5,890,394,515
<POLICY-LOSSES>                          1,075,902,987
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                       22,459,243
<NOTES-PAYABLE>                             11,371,257
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     2,500,000
<OTHER-SE>                                 317,625,127
<TOTAL-LIABILITY-AND-EQUITY>             5,890,394,515
<PREMIUMS>                                 644,848,831
<INVESTMENT-INCOME>                         64,095,187
<INVESTMENT-GAINS>                           (219,208)
<OTHER-INCOME>                             267,340,506
<BENEFITS>                                 760,022,831
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                             54,030,759
<INCOME-TAX>                                27,201,703
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                26,829,056
<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