<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FIINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <DEBT-HELD-FOR-SALE> 2,651,379<F1> <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 26,019 <REAL-ESTATE> 173 <TOTAL-INVEST> 2,840,820 <CASH> 12,044 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 101,658 <TOTAL-ASSETS> 4,395,480 <POLICY-LOSSES> 2,128,804<F2> <UNEARNED-PREMIUMS> 179,194 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 124,820 <NOTES-PAYABLE> 149,637 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 59 <OTHER-SE> 496,564 <TOTAL-LIABILITY-AND-EQUITY> 4,395,480 <PREMIUMS> 577,812 <INVESTMENT-INCOME> 191,723 <INVESTMENT-GAINS> 9,908 <OTHER-INCOME> 0 <BENEFITS> 396,328 <UNDERWRITING-AMORTIZATION> 45,477 <UNDERWRITING-OTHER> 109,673 <INCOME-PRETAX> 116,781 <INCOME-TAX> 31,469 <INCOME-CONTINUING> 85,312 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 85,312 <EPS-PRIMARY> 1.97 <EPS-DILUTED> 1.95 <RESERVE-OPEN> 269,308<F2> <PROVISION-CURRENT> 379,603 <PROVISION-PRIOR> (24,917) <PAYMENTS-CURRENT> 238,986 <PAYMENTS-PRIOR> 141,969 <RESERVE-CLOSE> 243,039<F2> <CUMULATIVE-DEFICIENCY> 24,917 <FN> <F1>Refer to the Company's Consolidated Balance Sheet as of December 31, 1998. <F2>These balances are net of reinsurance recoverables. See also Note 1 - Significant Accounting Policies of the Company's Consolidated Notes to Financial Statements for December 31, 1998. </FN>