<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> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <DEBT-HELD-FOR-SALE> 3,045 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 715 <MORTGAGE> 14 <REAL-ESTATE> 11 <TOTAL-INVEST> 6,117 <CASH> 1,010 <RECOVER-REINSURE> 0 <F1> <DEFERRED-ACQUISITION> 553 <TOTAL-ASSETS> 18,875 <POLICY-LOSSES> 948 <UNEARNED-PREMIUMS> 1,854 <POLICY-OTHER> 790 <POLICY-HOLDER-FUNDS> 1,011 <NOTES-PAYABLE> 1,294 <F2> <PREFERRED-MANDATORY> 50 <F3> <PREFERRED> 0 <COMMON> 172 <OTHER-SE> 2,712 <TOTAL-LIABILITY-AND-EQUITY> 18,875 <PREMIUMS> 417 <F4> <INVESTMENT-INCOME> 149 <INVESTMENT-GAINS> 0 <F5> <OTHER-INCOME> 996 <F6> <BENEFITS> 226 <UNDERWRITING-AMORTIZATION> 52 <UNDERWRITING-OTHER> 1,046 <INCOME-PRETAX> 238 <INCOME-TAX> 89 <INCOME-CONTINUING> 149 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 138 <EPS-PRIMARY> 0.82 <EPS-DILUTED> 0.80 <RESERVE-OPEN> 520 <F1> <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> Preferred stock at par value. Does not include Company-obligated Mandatorily Redeemable Preferred Capital Securities of Subsidiary Trust holding solely to Company's Junior Subordinated Debentures. <F4> Includes other income. <F5> Included in net investment income. <F6> Represents brokerage commissions and fees. </FN>