<ARTICLE> 7 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <DEBT-HELD-FOR-SALE> 226,369,000 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 39,266,000 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 384,546,000 <CASH> 350,010,000 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 2,116,414,000 <POLICY-LOSSES> 273,724,000 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 196,815,000 <PREFERRED-MANDATORY> 65,068,000 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 750,923,000 <TOTAL-LIABILITY-AND-EQUITY> 2,116,414,000 <PREMIUMS> 2,936,196,000 <INVESTMENT-INCOME> 49,784,000 <INVESTMENT-GAINS> 2,189,000 <OTHER-INCOME> 0 <BENEFITS> 116,218,000 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 150,943,000 <INCOME-TAX> 62,300,000 <INCOME-CONTINUING> 33,003,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 33,003,000 <EPS-BASIC> 0.51 <EPS-DILUTED> 0.50 <RESERVE-OPEN> 272,921,000 <PROVISION-CURRENT> 122,311,000 <PROVISION-PRIOR> (6,093,000) <PAYMENTS-CURRENT> 58,915,000 <PAYMENTS-PRIOR> 54,029,000 <RESERVE-CLOSE> 273,724,00 <CUMULATIVE-DEFICIENCY> 0