<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the S-K and is qualified in its entirely by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <DEBT-HELD-FOR-SALE> 1,915,333,869 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 2,311,309,563 <MORTGAGE> 5,329,022 <REAL-ESTATE> 16,311,358 <TOTAL-INVEST> 4,265,269,681 <F1> <CASH> 40,703,867 <RECOVER-REINSURE> 1,133,682 <DEFERRED-ACQUISITION> 108,622,015 <TOTAL-ASSETS> 4,777,419,506 <POLICY-LOSSES> 1,827,209,850 <F2> <UNEARNED-PREMIUMS> 380,461,691 <POLICY-OTHER> 44,871,085 <F2> <POLICY-HOLDER-FUNDS> 3,422,797 <NOTES-PAYABLE> 199,085,075 <F3> <COMMON> 100,257,831 <F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,894,788,326 <F4> <TOTAL-LIABILITY-AND-EQUITY> 4,777,419,506 <PREMIUMS> 904,960,035 <INVESTMENT-INCOME> 195,516,422 <INVESTMENT-GAINS> 31,504,672 <OTHER-INCOME> 8,268,208 <BENEFITS> 673,238,888 <UNDERWRITING-AMORTIZATION> 54,916,502 <F5> <UNDERWRITING-OTHER> 219,372,144 <F5> <INCOME-PRETAX> 192,726,803 <INCOME-TAX> 37,592,575 <INCOME-CONTINUING> 155,134,228 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 155,134,228 <EPS-PRIMARY> 3.01 <EPS-DILUTED> 3.01 <RESERVE-OPEN> 1,380,925,959 <F6> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 1,481,721,391 <F7> <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>--Equals the sum of Fixed Maturities, Equity Securities and other Invested Assests <F2>--Equals the sum of Life Policy Reserves and Losses and Loss Expenses less the Life Company liability for Supplementary Contracts without Life Contingencies which is classified as Other Policyholder Funds <F3>--Equals the sum of Notes Payable and the 5-1/2% Convertible Senior Debenture <F4>--Equals the Total Shareholders Equity <F5>--Equals the Sum of Commissions, Other Operating Expenses, Taxes licenses and Fees, Increase in deferred acquisition costs, Interest expense and other expenses <F6>--Equals the reserve for unpaid claims for both the property casualty and life insurance subsidiaries as of December 31, 1993 <F7>--Equals the reserve for unpaid claims for both the property casualty and life insurance subsidiaries as of September 30, 1994