<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 221,893,000 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 23,677,000 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 315,281,000 <CASH> 336,630,000 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 28,349,000 <TOTAL-ASSETS> 1,694,401,000 <POLICY-LOSSES> 267,476,000 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 132,215,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 58,296,000 <OTHER-SE> 592,946,000 <TOTAL-LIABILITY-AND-EQUITY> 1,694,401,000 <PREMIUMS> 2,000,055,000 <INVESTMENT-INCOME> 268,350,000 <INVESTMENT-GAINS> 35,743,000 <OTHER-INCOME> 0 <BENEFITS> 88,889,000 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 240,919,000 <INCOME-TAX> 95,000,000 <INCOME-CONTINUING> 145,919,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 145,919,000 <EPS-PRIMARY> 2.67 <EPS-DILUTED> 2.56 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0