<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 2,803,154 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 6,298,088 <MORTGAGE> 11,119 <REAL-ESTATE> 4,508 <TOTAL-INVEST> 9,152,994<F1> <CASH> 97,809 <RECOVER-REINSURE> 3,612 <DEFERRED-ACQUISITION> 139,880 <TOTAL-ASSETS> 9,938,969 <POLICY-LOSSES> 2,518,813<F2> <UNEARNED-PREMIUMS> 456,724 <POLICY-OTHER> 34,924<F2> <POLICY-HOLDER-FUNDS> 16,959 <NOTES-PAYABLE> 472,407<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 340,587<F4> <OTHER-SE> 4,552,187<F4> <TOTAL-LIABILITY-AND-EQUITY> 9,938,969 <PREMIUMS> 1,195,595 <INVESTMENT-INCOME> 272,833 <INVESTMENT-GAINS> 71,624 <OTHER-INCOME> 5,845 <BENEFITS> 907,434 <UNDERWRITING-AMORTIZATION> 250,443<F5> <UNDERWRITING-OTHER> 134,754<F5> <INCOME-PRETAX> 253,266 <INCOME-TAX> 57,323 <INCOME-CONTINUING> 195,943 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 195,943 <EPS-PRIMARY> 1.17 <EPS-DILUTED> 1.15 <RESERVE-OPEN> 1,776,648<F6> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 1,854,496<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 $3,697 which is classified as Other Policyholder Funds. <F3>Equals the sum of Notes Payable, the 5.5% Convertible Senior Debentures and the 6.9% Senior Debentures <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 September 30, 1998 </FN>