<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> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <DEBT-HELD-FOR-SALE> 2,782,252 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 7,224,132 <MORTGAGE> 15,065 <REAL-ESTATE> 4,404 <TOTAL-INVEST> 10,065,625<F1> <CASH> 60,187 <RECOVER-REINSURE> 2,048 <DEFERRED-ACQUISITION> 142,998 <TOTAL-ASSETS> 10,855,205 <POLICY-LOSSES> 2,601,355<F2> <UNEARNED-PREMIUMS> 455,938 <POLICY-OTHER> 31,574<F2> <POLICY-HOLDER-FUNDS> 17,673 <NOTES-PAYABLE> 480,441<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 341,216<F4> <OTHER-SE> 5,065,745<F4> <TOTAL-LIABILITY-AND-EQUITY> 10,855,205 <PREMIUMS> 413,800 <INVESTMENT-INCOME> 95,816 <INVESTMENT-GAINS> 24,746 <OTHER-INCOME> 2,297 <BENEFITS> 324,466 <UNDERWRITING-AMORTIZATION> 86,705<F5> <UNDERWRITING-OTHER> 43,427<F5> <INCOME-PRETAX> 82,061 <INCOME-TAX> 17,584 <INCOME-CONTINUING> 64,477 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 64,477 <EPS-PRIMARY> .39 <EPS-DILUTED> .38 <RESERVE-OPEN> 1,840,323<F6> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 2,044,548<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 $3,766 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 <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, 1998 <F7> Equals the net reserve for unpaid claims for the property casualty subsidiaries less loss checks payable as of March 31, 1999 </FN>