<ARTICLE> 7
<LEGEND> This schedule contains summary financial information extracted from 
Condensed Consolidated Statements of Financial Position and Condensed 
Consolidated Statements of Operations 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-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<DEBT-HELD-FOR-SALE>                             2,559
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                         773
<MORTGAGE>                                          34
<REAL-ESTATE>                                       23
<TOTAL-INVEST>                                   5,047
<CASH>                                             104
<RECOVER-REINSURE>                                   0<F1>
<DEFERRED-ACQUISITION>                             630
<TOTAL-ASSETS>                                  11,999
<POLICY-LOSSES>                                    877
<UNEARNED-PREMIUMS>                              1,627
<POLICY-OTHER>                                     870
<POLICY-HOLDER-FUNDS>                              361
<NOTES-PAYABLE>                                    624<F2>
<COMMON>                                           112<F3>
<PREFERRED-MANDATORY>                               50
<PREFERRED>                                          8<F4>
<OTHER-SE>                                       2,575
<TOTAL-LIABILITY-AND-EQUITY>                    11,999
<PREMIUMS>                                         759
<INVESTMENT-INCOME>                                177
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                     938<F5>
<BENEFITS>                                         379
<UNDERWRITING-AMORTIZATION>                        108
<UNDERWRITING-OTHER>                             1,141
<INCOME-PRETAX>                                    247
<INCOME-TAX>                                        85
<INCOME-CONTINUING>                                162
<DISCONTINUED>                                      43
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       205
<EPS-PRIMARY>                                     1.78
<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.

<F4> Preferred stock at par value.

<F5> Includes brokerage commissions and fees and other income.
</FN>