<ARTICLE> 7 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 5,980,343 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 6,129,369 <CASH> 45 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 103,922 <TOTAL-ASSETS> 7,412,709 <POLICY-LOSSES> 61,087 <UNEARNED-PREMIUMS> 1,042,081 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 223,847 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 707 <OTHER-SE> 1,787,245 <TOTAL-LIABILITY-AND-EQUITY> 7,412,709 <PREMIUMS> 109,091 <INVESTMENT-INCOME> 117,814 <INVESTMENT-GAINS> 20,118 <OTHER-INCOME> 7,671 <BENEFITS> 2,122 <UNDERWRITING-AMORTIZATION> 28,997 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 209,869 <INCOME-TAX> 45,723 <INCOME-CONTINUING> 164,146 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 164,146 <EPS-PRIMARY> 2.35 <EPS-DILUTED> 2.31 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0