<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 DEC-31-1995 <PERIOD-START> JAN-01-1997 JAN-01-1996 JAN-01-1995 <PERIOD-END> DEC-31-1997 DEC-31-1996 DEC-31-1995 <DEBT-HELD-FOR-SALE> 147,911 137,638 0 <DEBT-CARRYING-VALUE> 0 0 0 <DEBT-MARKET-VALUE> 0 0 0 <EQUITIES> 0 0 0 <MORTGAGE> 0 0 0 <REAL-ESTATE> 2,574 2,797 0 <TOTAL-INVEST> 151,505 142,296 0 <CASH> 4,220 7,412 0 <RECOVER-REINSURE> 6,859,937 6,660,715 0 <DEFERRED-ACQUISITION> 0 0 0 <TOTAL-ASSETS> 7,507,203 7,108,502 0 <POLICY-LOSSES> 0 0 0 <UNEARNED-PREMIUMS> 0 0 0 <POLICY-OTHER> 252,195 239,449 0 <POLICY-HOLDER-FUNDS> 6,607,130 6,422,126 0 <NOTES-PAYABLE> 0 0 0 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 2,500 2,500 0 <OTHER-SE> 148,834 139,661 0 <TOTAL-LIABILITY-AND-EQUITY> 7,507,203 7,108,502 0 <PREMIUMS> 0 0 0 <INVESTMENT-INCOME> 10,789 9,951 8,796 <INVESTMENT-GAINS> 17 6 258 <OTHER-INCOME> 0 0 0 <BENEFITS> 0 465 462 <UNDERWRITING-AMORTIZATION> 0 0 0 <UNDERWRITING-OTHER> 219 889 754 <INCOME-PRETAX> 10,587 8,603 7,838 <INCOME-TAX> 3,735 3,020 2,745 <INCOME-CONTINUING> 0 0 0 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 6,852 5,583 5,093 <EPS-PRIMARY> 0 0 0 <EPS-DILUTED> 0 0 0 <RESERVE-OPEN> 0 0 0 <PROVISION-CURRENT> 0 0 0 <PROVISION-PRIOR> 0 0 0 <PAYMENTS-CURRENT> 0 0 0 <PAYMENTS-PRIOR> 0 0 0 <RESERVE-CLOSE> 0 0 0 <CUMULATIVE-DEFICIENCY> 0 0 0