<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 2,643,078<F1> <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 34,827 <REAL-ESTATE> 7,673 <TOTAL-INVEST> 2,744,769 <CASH> 8,376 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 81,866 <TOTAL-ASSETS> 3,968,416 <POLICY-LOSSES> 2,163,894<F1> <UNEARNED-PREMIUMS> 153,984 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 119,091 <NOTES-PAYABLE> 141,581 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 59 <OTHER-SE> 466,155 <TOTAL-LIABILITY-AND-EQUITY> 3,968,416 <PREMIUMS> 267,307 <INVESTMENT-INCOME> 99,708 <INVESTMENT-GAINS> 1,645 <OTHER-INCOME> 0 <BENEFITS> 181,789 <UNDERWRITING-AMORTIZATION> 22,098 <UNDERWRITING-OTHER> 49,606 <INCOME-PRETAX> 55,676 <INCOME-TAX> 15,380 <INCOME-CONTINUING> 40,296 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 40,296 <EPS-PRIMARY> 0.86 <EPS-DILUTED> 0.85 <RESERVE-OPEN> 0<F2> <PROVISION-CURRENT> 0<F2> <PROVISION-PRIOR> 0<F2> <PAYMENTS-CURRENT> 0<F2> <PAYMENTS-PRIOR> 0<F2> <RESERVE-CLOSE> 0<F2> <CUMULATIVE-DEFICIENCY> 0<F2> <FN> <F1>Refer to the Company's Consolidated Balance Sheet as of June 30, 1997. <F2>The SEC does not require this disclosure for interim reporting. </FN>