<ARTICLE>                                                  7
<LEGEND>                                                               
     This schedule contains summary financial information extracted from
     Condensed Consolidated Statements of Financial Position and Condensed
     Consolidated Statements of Income and is qualified in its entirety by
     reference to such financial statements.
</LEGEND>                                                              
<MULTIPLIER>                                               1,000,000
                                                                       
                                                        
<PERIOD-TYPE>                                                    6-MOS
<FISCAL-YEAR-END>                                          DEC-31-1997
<PERIOD-START>                                             JAN-01-1997
<PERIOD-END>                                               JUN-30-1997
<DEBT-HELD-FOR-SALE>                                             2,903
<DEBT-CARRYING-VALUE>                                                0
<DEBT-MARKET-VALUE>                                                  0
<EQUITIES>                                                         814
<MORTGAGE>                                                          24
<REAL-ESTATE>                                                       12
<TOTAL-INVEST>                                                    5,151
<CASH>                                                            1,332
<RECOVER-REINSURE>                                                    0 <F1>
<DEFERRED-ACQUISITION>                                              570
<TOTAL-ASSETS>                                                   17,407
<POLICY-LOSSES>                                                   1,080
<UNEARNED-PREMIUMS>                                               2,017
<POLICY-OTHER>                                                      835
<POLICY-HOLDER-FUNDS>                                               679
<NOTES-PAYABLE>                                                   1,147 <F2>
<PREFERRED-MANDATORY>                                                50
<PREFERRED>                                                          6 <F4> <F5>
<COMMON>                                                           171 <F3>
<OTHER-SE>                                                       2,641
<TOTAL-LIABILITY-AND-EQUITY>                                    17,407
<PREMIUMS>                                                         793
<INVESTMENT-INCOME>                                                233
<INVESTMENT-GAINS>                                                   2
<OTHER-INCOME>                                                   1,750 <F6>
<BENEFITS>                                                         421
<UNDERWRITING-AMORTIZATION>                                        112
<UNDERWRITING-OTHER>                                             1,907
<INCOME-PRETAX>                                                    167
<INCOME-TAX>                                                        63
<INCOME-CONTINUING>                                                104
<DISCONTINUED>                                                       0
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                        85
<EPS-PRIMARY>                                                     0.46
<EPS-DILUTED>                                                     0.00
<RESERVE-OPEN>                                                     715
<PROVISION-CURRENT>                                                  0 <F1>
<PROVISION-PRIOR>                                                    0 <F1>
<PAYMENTS-CURRENT>                                                   0 <F1>
<PAYMENTS-PRIOR>                                                     0 <F1>
<RESERVE-CLOSE>                                                      0 <F1>
<CUMULATIVE-DEFICIENCY>                                              0 <F1>
<FN>
<F1>     Available on an annual basis only.
<F2>     Includes short-term borrowings and debt guarantee of ESOP.
<F3>     Common  stock at par value;  adjusted  to reflect  three-for-two  stock
         split on May 14, 1997.
<F4>     Preferred stock at par value.
<F5>     Does not  incude  Company-obligated  Mandatorily  Redeemable  Preferred
         Capital  Securities  of Subsidiary  Trust  holding  solely to Company's
         Junior Subordinated Debentures.
<F6>     Includes brokerage commissions and fees and other income.
</FN>