<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED
FINANCIAL STATEMENTS CONTAINED IN THE COMPANY'S ANNUAL REPORT ON FORM 10-K FOR
THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCES
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<DEBT-HELD-FOR-SALE>                        89,474,377
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              89,474,377
<CASH>                                      19,504,563
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                      28,660,753
<TOTAL-ASSETS>                             139,312,516
<POLICY-LOSSES>                              5,393,818
<UNEARNED-PREMIUMS>                        110,243,074
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       200,000
<OTHER-SE>                                  23,325,568
<TOTAL-LIABILITY-AND-EQUITY>               139,312,516
<PREMIUMS>                                  57,845,674
<INVESTMENT-INCOME>                          5,970,813
<INVESTMENT-GAINS>                           4,404,651
<OTHER-INCOME>                                       0
<BENEFITS>                                  45,552,545
<UNDERWRITING-AMORTIZATION>                 14,919,916
<UNDERWRITING-OTHER>                           555,321
<INCOME-PRETAX>                              7,193,356
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          7,193,356
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 7,193,356
<EPS-PRIMARY>                                        0<F1>
<EPS-DILUTED>                                        0<F1>
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>INFORMATION AS TO EARNINGS PER SHARE IS NOT PROVIDED INASMUCH AS THE RESULTS
FOR EACH SERIES OF STOCK WILL VARY WITH THE UNDERWRITING EXPERIENCE
ATTRIBUTABLE TO EACH SUBSIDIARY CAPITAL ACCOUNT ESTABLISHED WITH RESPECT TO
THAT SERIES.
</FN>
        

</TABLE>