<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 STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 2,795,411 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 6,798,396 <MORTGAGE> 10,944 <REAL-ESTATE> 4,566 <TOTAL-INVEST> 9,644,084<F1> <CASH> 144,327 <RECOVER-REINSURE> 1,599 <DEFERRED-ACQUISITION> 137,549 <TOTAL-ASSETS> 10,484,047<F2> <POLICY-LOSSES> 2,493,833<F2> <UNEARNED-PREMIUMS> 448,356 <POLICY-OTHER> 39,253<F3> <POLICY-HOLDER-FUNDS> 16,827 <NOTES-PAYABLE> 473,849<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 340,438<F4> <OTHER-SE> 4,927,645<F4> <TOTAL-LIABILITY-AND-EQUITY> 10,484,047 <PREMIUMS> 792,991 <INVESTMENT-INCOME> 181,386 <INVESTMENT-GAINS> 52,763 <OTHER-INCOME> 3,991 <BENEFITS> 591,339 <UNDERWRITING-AMORTIZATION> 165,756<F5> <UNDERWRITING-OTHER> 84,790<F5> <INCOME-PRETAX> 189,246 <INCOME-TAX> 46,218 <INCOME-CONTINUING> 143,028 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 143,028 <EPS-PRIMARY> .86 <EPS-DILUTED> .84 <RESERVE-OPEN> 1,776,648<F6> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 1,846,001<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 $3,632 which is classified as Other Policyholder Funds <F3>Equals the sum of Notes Payable, the 5.5% Convertible Senior Debenture and the 6.9% Senior Debenture <F4>Equals the Total Shareholders' Equity <F5>Equals the Sum of Commissions, Other Operating Expenses, Taxes and licenses and Fees, Increase in deferred acquisition costs, Interest expense and other expenses <F6>Equals the net reserve for unpaid claims for the property casualty subsidiaries less loss checks payable as of December 31, 1997 <F7>Equals the net reserve for unpaid claims for the property casualty subsidiaries less loss checks payable as of June 30, 1998 </FN>