<TABLE> <S> <C>

<ARTICLE> 7
<RESTATED> 
<MULTIPLIER> 1,000,000
       
<S>                             <C>                     <C>                     <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   9-MOS                   6-MOS                   3-MOS
<FISCAL-YEAR-END>               DEC-31-1996             DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-END>                    DEC-31-1996             SEP-30-1996             JUN-30-1996             MAR-31-1996
<DEBT-HELD-FOR-SALE>             6,673                   6,243                   6,232                   6,357
<DEBT-CARRYING-VALUE>            3,877                   3,886                   3,733                   3,667
<DEBT-MARKET-VALUE>              3,903                   3,851                   3,699                   3,689
<EQUITIES>                         929                     859                     880                     858
<MORTGAGE>                       1,323                   1,247                   1,151                   1,098
<REAL-ESTATE>                       75                      77                      81                     109
<TOTAL-INVEST>                  14,143                  14,521                  13,269                  13,241
<CASH>                             105                     422                      41                      61
<RECOVER-REINSURE>               1,260                   1,257                   1,549                   1,540
<DEFERRED-ACQUISITION>             934                     903                     941                     588
<TOTAL-ASSETS>                  17,562                  17,103                  16,754                  16,741
<POLICY-LOSSES>                 13,308                  13,035                  12,689                  12,629
<UNEARNED-PREMIUMS>                 40                      42                      40                      36
<POLICY-OTHER>                      71                      75                      52                      51
<POLICY-HOLDER-FUNDS>              200                     181                     202                     201
<NOTES-PAYABLE>                    614                     647                     654                     583
<PREFERRED-MANDATORY>               53                      53                      50                      50
<PREFERRED>                          0                       0                       0                       0
<COMMON>                            88                      88                      90                      90
<OTHER-SE>                       2,209                   2,079                   2,035                   2,037
<TOTAL-LIABILITY-AND-EQUITY>    17,562                  17,103                  16,754                  16,741
<PREMIUMS>                         994                     500                     366                     187
<INVESTMENT-INCOME>                893                     658                     433                     213
<INVESTMENT-GAINS>                  47                      39                      23                      12
<OTHER-INCOME>                     191                     381                     159                     122
<BENEFITS>                       1,211                     912                     619                     314
<UNDERWRITING-AMORTIZATION>         89                      86                      59                      32
<UNDERWRITING-OTHER>              (141)                   (102)                    (67)                    (41)
<INCOME-PRETAX>                    443                     331                     217                     106
<INCOME-TAX>                       149                     112                      72                      35
<INCOME-CONTINUING>                294                     219                     144                      71
<DISCONTINUED>                       0                       0                       0                       0
<EXTRAORDINARY>                      0                       0                       0                       0
<CHANGES>                            0                       0                       0                       0
<NET-INCOME>                       291                     217                     144                      71
<EPS-PRIMARY>                     4.09                    3.04                    2.00                     .98
<EPS-DILUTED>                     4.07                    3.03                    1.99                     .98
<RESERVE-OPEN>                       0                       0                       0                       0
<PROVISION-CURRENT>                  0                       0                       0                       0
<PROVISION-PRIOR>                    0                       0                       0                       0
<PAYMENTS-CURRENT>                   0                       0                       0                       0
<PAYMENTS-PRIOR>                     0                       0                       0                       0
<RESERVE-CLOSE>                      0                       0                       0                       0
<CUMULATIVE-DEFICIENCY>              0                       0                       0                       0
        

</TABLE>