<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM" AND IS
QUALIFIED IN ITS ENTIRETY BY REFERNCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<DEBT-HELD-FOR-SALE>                       758,765,418
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                  83,041,099
<MORTGAGE>                                 212,118,221
<REAL-ESTATE>                               38,808,815
<TOTAL-INVEST>                           1,092,733,553
<CASH>                                      26,619,996
<RECOVER-REINSURE>                             618,682
<DEFERRED-ACQUISITION>                               0
<TOTAL-ASSETS>                           4,567,765,073
<POLICY-LOSSES>                            992,204,872
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                               1,044,118
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     2,500,000
<OTHER-SE>                                 280,611,378
<TOTAL-LIABILITY-AND-EQUITY>             4,567,765,073
<PREMIUMS>                                 820,638,922
<INVESTMENT-INCOME>                         76,104,738
<INVESTMENT-GAINS>                         (1,533,222)
<OTHER-INCOME>                             406,226,647
<BENEFITS>                               1,025,798,687
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                             73,862,992
<INCOME-TAX>                                38,604,652
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                35,258,340
<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