WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the condensed consolidated financial statements of the registrant and is qualified in its entirety by reference to such financial statements </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 [DEBT-HELD-FOR-SALE] 3,546,144 [DEBT-CARRYING-VALUE] 0 [DEBT-MARKET-VALUE] 0 [EQUITIES] 9,187 [MORTGAGE] 213,717 [REAL-ESTATE] 1,573 [TOTAL-INVEST] 4,592,472 <CASH> 24,485 [RECOVER-REINSURE] 279,425 [DEFERRED-ACQUISITION] 337,351 <TOTAL-ASSETS> 5,846,456 [POLICY-LOSSES] 4,040,120 [UNEARNED-PREMIUMS] 0 [POLICY-OTHER] 404,899 [POLICY-HOLDER-FUNDS] 0 [NOTES-PAYABLE] 107,695 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 310 <OTHER-SE> 784,387 <TOTAL-LIABILITY-AND-EQUITY> 5,846,456 [PREMIUMS] 822,884 [INVESTMENT-INCOME] 207,606 [INVESTMENT-GAINS] 3,358 [OTHER-INCOME] 17,593 [BENEFITS] 741,753 [UNDERWRITING-AMORTIZATION] 54,098 [UNDERWRITING-OTHER] 116,772 <INCOME-PRETAX> 87,810 <INCOME-TAX> 31,563 <INCOME-CONTINUING> 56,247 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 55,783 <EPS-PRIMARY> 2.04 <EPS-DILUTED> 2.01 [RESERVE-OPEN] 0 [PROVISION-CURRENT] 0 [PROVISION-PRIOR] 0 [PAYMENTS-CURRENT] 0 [PAYMENTS-PRIOR] 0 [RESERVE-CLOSE] 0 [CUMULATIVE-DEFICIENCY] 0