<TABLE> <S> <C>

<ARTICLE> 7
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1999             MAR-31-1998             DEC-31-1998
<PERIOD-END>                               MAR-31-1999             MAR-31-1998             DEC-31-1998
<DEBT-HELD-FOR-SALE>                         1,032,593                       0               1,042,900
<DEBT-CARRYING-VALUE>                                0                       0                       0
<DEBT-MARKET-VALUE>                                  0                       0                       0
<EQUITIES>                                           0                       0                       0
<MORTGAGE>                                   1,582,322                       0               1,600,283
<REAL-ESTATE>                                        0                       0                       0
<TOTAL-INVEST>                               4,227,888                       0               4,449,872
<CASH>                                         176,933                       0                 171,822
<RECOVER-REINSURE>                          33,312,862                       0              34,840,247
<DEFERRED-ACQUISITION>                          37,500                       0                  50,000
<TOTAL-ASSETS>                              61,184,764                       0              62,687,602
<POLICY-LOSSES>                             17,500,926                       0              17,644,637
<UNEARNED-PREMIUMS>                         33,640,989                       0              35,162,710
<POLICY-OTHER>                               3,258,041                       0               2,882,411
<POLICY-HOLDER-FUNDS>                        1,760,709                       0               1,800,639
<NOTES-PAYABLE>                                      0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                  4,814,610                       0               4,814,610
<COMMON>                                        29,438                       0                  29,438
<OTHER-SE>                                     180,151                       0                 353,157
<TOTAL-LIABILITY-AND-EQUITY>                61,184,764                       0              62,687,602
<PREMIUMS>                                     449,654                       0               3,003,103
<INVESTMENT-INCOME>                             74,473                 111,997                 962,490
<INVESTMENT-GAINS>                                   0                  23,510               (102,128)
<OTHER-INCOME>                                 369,779                 181,382               1,312,104
<BENEFITS>                                     566,136                       0               2,630,017
<UNDERWRITING-AMORTIZATION>                     44,778                       0                  24,837
<UNDERWRITING-OTHER>                           345,000                 420,227               2,400,426
<INCOME-PRETAX>                               (62,008)               (103,338)                 120,289
<INCOME-TAX>                                   (2,952)                (15,106)                 511,794
<INCOME-CONTINUING>                                  0                       0                       0
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                               (59,056)                (88,232)               (391,505)
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                  (59,056)                  24,420               (177,719)
<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
        

</TABLE>