<ARTICLE> 7 <PERIOD-TYPE> YEAR YEAR 6-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 DEC-31-1997 DEC-31-1996 <PERIOD-END> DEC-31-1996 DEC-31-1995 JUN-30-1997 JUN-30-1996 <DEBT-HELD-FOR-SALE> 1,141,504 0 1,157,084 2,293,551 <DEBT-CARRYING-VALUE> 522,884 2,247,145 587,732 196,898 <DEBT-MARKET-VALUE> 521,940 2,246,853 586,816 195,053 <EQUITIES> 1,696,944 2,469,692 247 2,405,721 <MORTGAGE> 0 0 0 0 <REAL-ESTATE> 0 0 0 0 <TOTAL-INVEST> 3,361,332 4,716,837 1,745,063 4,896,170 <CASH> 1,359,965 1,240,298 1,878,940 881,582 <RECOVER-REINSURE> 0 0 0 0 <DEFERRED-ACQUISITION> 0 0 0 0 <TOTAL-ASSETS> 5,733,305 8,156,720 4,713,278 6,744,379 <POLICY-LOSSES> 2,834,220 3,713,923 1,954,341 3,990,583 <UNEARNED-PREMIUMS> 0 1,466,279 0 0 <POLICY-OTHER> 0 0 0 0 <POLICY-HOLDER-FUNDS> 384,863 0 324,672 0 <NOTES-PAYABLE> 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 0 0 0 <COMMON> 0 0 0 0 <OTHER-SE> 2,453,894 2,365,728 2,383,989 2,376,021 <TOTAL-LIABILITY-AND-EQUITY> 5,733,305 8,156,720 4,713,278 6,744,379 <PREMIUMS> 1,987,491 5,323,952 0 2,037,474 <INVESTMENT-INCOME> 297,076 328,027 91,444 147,583 <INVESTMENT-GAINS> (37,286) (159,557) 0 983 <OTHER-INCOME> (422,850) 0 (9,115) (286,085) <BENEFITS> 1,215,914 3,075,054 0 1,547,656 <UNDERWRITING-AMORTIZATION> 0 0 0 0 <UNDERWRITING-OTHER> 28,548 30,858 11,502 14,274 <INCOME-PRETAX> 129,010 1,948,286 (112,933) 96,570 <INCOME-TAX> 98,768 643,660 (40,489) 122,516 <INCOME-CONTINUING> 30,242 1,304,626 (72,444) (25,946) <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 30,242 1,304,626 (72,444) (25,946) <EPS-PRIMARY> 0 0 0 0 <EPS-DILUTED> 0 0 0 0 <RESERVE-OPEN> 3,713,923 3,849,169 2,834,220 3,713,923 <PROVISION-CURRENT> 959,032 2,558,087 0 746,795 <PROVISION-PRIOR> (42,440) (109,365) 0 573,289 <PAYMENTS-CURRENT> 369,070 1,197,368 0 161,383 <PAYMENTS-PRIOR> 1,427,225 1,386,600 879,879 882,041 <RESERVE-CLOSE> 0 3,713,923 0 3,990,583 <CUMULATIVE-DEFICIENCY> 0 94,697 0 0