<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STAEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <DEBT-HELD-FOR-SALE> 2,271,257,761 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 2,506,468,133 <MORTGAGE> 5,250,044 <REAL-ESTATE> 15,717,724 <TOTAL-INVEST> 4,816,904,648<F1> <CASH> 42,755,375 <RECOVER-REINSURE> 3,786,656 <DEFERRED-ACQUISITION> 113,596,429 <TOTAL-ASSETS> 5,367,060,457 <POLICY-LOSSES> 1,996,958,798<F2> <UNEARNED-PREMIUMS> 389,668,751 <POLICY-OTHER> 44,242,260<F2> <POLICY-HOLDER-FUNDS> 5,752,680 <NOTES-PAYABLE> 277,085,884<F3> <COMMON> 105,197,178<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,152,198,224<F4> <TOTAL-LIABILITY-AND-EQUITY> 5,367,060,457 <PREMIUMS> 643,785,584 <INVESTMENT-INCOME> 147,445,314 <INVESTMENT-GAINS> 23,635,133 <OTHER-INCOME> 4,844,563 <BENEFITS> 471,041,115 <UNDERWRITING-AMORTIZATION> 38,495,590<F5> <UNDERWRITING-OTHER> 156,721,574<F5> <INCOME-PRETAX> 153,452,315 <INCOME-TAX> 35,067,136 <INCOME-CONTINUING> 118,385,179 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 118,385,179 <EPS-PRIMARY> 2.18 <EPS-DILUTED> 2.18 <RESERVE-OPEN> 1,510,150,293<F6> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 1,615,323,682<F7> <CUMULATIVE-DEFICIENCY> 0 <FN> F1--Equals the sum of Fixed Maturities, Equity Securities and other Invested Assets F2--Equals the sum of Life Policy Reserves and Losses and Loss Expenses less the Life Company liability for Supplementary Contracts without Life Contingencies of $2,883,378 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 the property casualty subsidiaries less loss checks payable as of December 31, 1994 F7--Equals the reserve for unpaid claims for the property casualty subsidiaries less loss checks payable as of June 30, 1995 </FN>