<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 1,097,174 <DEBT-CARRYING-VALUE> 1,097,174 <DEBT-MARKET-VALUE> 1,097,174 <EQUITIES> 1,127 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,098,301 <CASH> 179,499 <RECOVER-REINSURE> 64,850 <DEFERRED-ACQUISITION> 14,559 <TOTAL-ASSETS> 1,605,016 <POLICY-LOSSES> 351,590 <UNEARNED-PREMIUMS> 240,840 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 123,750 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 461,993 <OTHER-SE> 356,714 <TOTAL-LIABILITY-AND-EQUITY> 1,605,016 <PREMIUMS> 578,890 <INVESTMENT-INCOME> 55,791 <INVESTMENT-GAINS> 17,837 <OTHER-INCOME> 0 <BENEFITS> 424,696 <UNDERWRITING-AMORTIZATION> 37,181 <UNDERWRITING-OTHER> 19,802 <INCOME-PRETAX> 162,809 <INCOME-TAX> 56,583 <INCOME-CONTINUING> 106,226 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 106,226 <EPS-PRIMARY> 1.60 <EPS-DILUTED> 1.27 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0