<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 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 4,252,100 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 1,038,200 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 5,563,800 <CASH> 32,100 <RECOVER-REINSURE> 287,300 <DEFERRED-ACQUISITION> 301,400 <TOTAL-ASSETS> 8,336,100 <POLICY-LOSSES> 2,173,800 <UNEARNED-PREMIUMS> 2,377,300 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 776,400 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,400 <OTHER-SE> 2,339,300 <TOTAL-LIABILITY-AND-EQUITY> 8,336,100 <PREMIUMS> 3,655,100 <INVESTMENT-INCOME> 213,400 <INVESTMENT-GAINS> 49,200 <OTHER-INCOME> 29,200 <BENEFITS> 2,481,200 <UNDERWRITING-AMORTIZATION> 488,600 <UNDERWRITING-OTHER> 355,900 <INCOME-PRETAX> 552,000 <INCOME-TAX> 173,800 <INCOME-CONTINUING> 378,200 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 378,200 <EPS-PRIMARY> 5.22 <EPS-DILUTED> 5.06 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0