<ARTICLE> 7
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<DEBT-HELD-FOR-SALE>                            11,247
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                          41
<MORTGAGE>                                          61
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  12,344
<CASH>                                           1,291
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                             232
<TOTAL-ASSETS>                                  15,852
<POLICY-LOSSES>                                      0
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                  12,086
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                    229
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                         15
<COMMON>                                             0
<OTHER-SE>                                       1,199
<TOTAL-LIABILITY-AND-EQUITY>                    15,852
<PREMIUMS>                                           0
<INVESTMENT-INCOME>                                853
<INVESTMENT-GAINS>                                  26
<OTHER-INCOME>                                     368
<BENEFITS>                                           0
<UNDERWRITING-AMORTIZATION>                         76
<UNDERWRITING-OTHER>                               310
<INCOME-PRETAX>                                    192
<INCOME-TAX>                                        63
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       130
<EPS-PRIMARY>                                     2.94
<EPS-DILUTED>                                     2.77
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0