<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet as of March 31, 2000 and the consolidated statement
of income for the three months ended March 31, 2000 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<DEBT-HELD-FOR-SALE>                         2,133,453
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                               2,666,430
<CASH>                                          42,070
<RECOVER-REINSURE>                             400,803
<DEFERRED-ACQUISITION>                         151,844
<TOTAL-ASSETS>                               3,615,455
<POLICY-LOSSES>                              1,163,987
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          695,018
<NOTES-PAYABLE>                                285,886
<PREFERRED-MANDATORY>                          100,000<F1>
<PREFERRED>                                          0
<COMMON>                                           215
<OTHER-SE>                                     496,659
<TOTAL-LIABILITY-AND-EQUITY>                 3,615,455
<PREMIUMS>                                     112,759
<INVESTMENT-INCOME>                             50,676
<INVESTMENT-GAINS>                             (1,547)
<OTHER-INCOME>                                       0
<BENEFITS>                                      85,771
<UNDERWRITING-AMORTIZATION>                      6,172
<UNDERWRITING-OTHER>                            36,633
<INCOME-PRETAX>                                 33,312
<INCOME-TAX>                                    10,505
<INCOME-CONTINUING>                             21,294
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    21,294
<EPS-BASIC>                                       1.04
<EPS-DILUTED>                                     1.04
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>Represents Company-obligated mandatorily redeemable Capital Securities of
Delphi Funding L.L.C. holding solely junior subordinated deferrable interest
debentures of the Company.
</FN>


</TABLE>