<ARTICLE> 7
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<DEBT-HELD-FOR-SALE>                            70,898
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                 102,909
<CASH>                                          19,070
<RECOVER-REINSURE>                               4,385
<DEFERRED-ACQUISITION>                         181,494
<TOTAL-ASSETS>                               1,489,756
<POLICY-LOSSES>                                 74,371
<UNEARNED-PREMIUMS>                              1,021
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                        1,171,938
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     10,500
<COMMON>                                         4,502
<OTHER-SE>                                     196,772
<TOTAL-LIABILITY-AND-EQUITY>                 1,489,756
<PREMIUMS>                                       7,092
<INVESTMENT-INCOME>                              4,983
<INVESTMENT-GAINS>                               1,051
<OTHER-INCOME>                                       0
<BENEFITS>                                      11,619
<UNDERWRITING-AMORTIZATION>                     10,031
<UNDERWRITING-OTHER>                            30,458
<INCOME-PRETAX>                                 12,679
<INCOME-TAX>                                   (4,333)
<INCOME-CONTINUING>                              8,346
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,346
<EPS-BASIC>                                          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