<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED
FINANCIAL STATEMENTS CONTAINED IN FORM 10-K OF WHICH THIS SCHEDULE FORMS A PART
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1998
<PERIOD-START>                             JAN-01-1997             JAN-01-1998
<PERIOD-END>                               DEC-31-1997             DEC-31-1998
<DEBT-HELD-FOR-SALE>                           852,746               1,057,739
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                      89,080                   3,159
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                               1,026,971               1,165,698
<CASH>                                           4,877                   1,408
<RECOVER-REINSURE>                             270,731                 325,795
<DEFERRED-ACQUISITION>                             100                   2,810
<TOTAL-ASSETS>                               1,446,559               1,674,262
<POLICY-LOSSES>                                876,721                 951,659
<UNEARNED-PREMIUMS>                             20,886                  54,139
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                      0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                     309,974                 322,843
<TOTAL-LIABILITY-AND-EQUITY>                 1,446,559               1,674,262
<PREMIUMS>                                     123,330                 162,501
<INVESTMENT-INCOME>                             53,892                  65,107
<INVESTMENT-GAINS>                              10,296                  36,390
<OTHER-INCOME>                                   2,884                     891
<BENEFITS>                                     120,496                 155,868
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                            25,415                  42,063
<INCOME-PRETAX>                                 31,130                  40,882
<INCOME-TAX>                                     2,006                  11,154
<INCOME-CONTINUING>                             29,124                  29,728
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    29,124                  29,728
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0
<RESERVE-OPEN>                                 573,700                 605,990
<PROVISION-CURRENT>                            120,496                 157,952
<PROVISION-PRIOR>                                    0                 (2,084)
<PAYMENTS-CURRENT>                               3,930                   1,329
<PAYMENTS-PRIOR>                                84,276                 134,665
<RESERVE-CLOSE>                                605,990                 625,864
<CUMULATIVE-DEFICIENCY>                              0                       0
        

</TABLE>