<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the Consolidated Balance Sheets and Statements of Income and is qualified in its entirety by reference to such Financial Statements. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 2,017,100 <DEBT-CARRYING-VALUE> 339,400 <DEBT-MARKET-VALUE> 349,000 <EQUITIES> 458,600 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 3,197,600 <CASH> 11,900 <RECOVER-REINSURE> 387,100 <DEFERRED-ACQUISITION> 160,400 <TOTAL-ASSETS> 4,661,900 <POLICY-LOSSES> 1,475,200 <UNEARNED-PREMIUMS> 1,005,200 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 675,600 <COMMON> 71,300 <PREFERRED-MANDATORY> 0 <PREFERRED> 87,000 <OTHER-SE> 931,100 <TOTAL-LIABILITY-AND-EQUITY> 4,661,900 <PREMIUMS> 1,587,600 <INVESTMENT-INCOME> 108,800 <INVESTMENT-GAINS> 17,700 <OTHER-INCOME> 30,000 <BENEFITS> 1,047,500 <UNDERWRITING-AMORTIZATION> 284,500 <UNDERWRITING-OTHER> 111,700 <INCOME-PRETAX> 235,200 <INCOME-TAX> 61,800 <INCOME-CONTINUING> 173,400 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 173,400 <EPS-PRIMARY> 2.25 <EPS-DILUTED> 2.25 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0