<TABLE> <S> <C>

<ARTICLE> 7
<RESTATED> 
<CIK> 0000853971
<NAME> EXHIBIT 27
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998    
<PERIOD-END>                               SEP-30-1998
<DEBT-HELD-FOR-SALE>                           431,147
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       1,338
<MORTGAGE>                                       8,528
<REAL-ESTATE>                                    3,815
<TOTAL-INVEST>                                 474,167
<CASH>                                          13,058
<RECOVER-REINSURE>                              64,377
<DEFERRED-ACQUISITION>                          50,415<F1>
<TOTAL-ASSETS>                                 799,572
<POLICY-LOSSES>                                503,917
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                   2,315
<POLICY-HOLDER-FUNDS>                            4,908
<NOTES-PAYABLE>                                 27,000
<PREFERRED-MANDATORY>                            3,730
<PREFERRED>                                          0
<COMMON>                                        51,146
<OTHER-SE>                                      11,124<F2>
<TOTAL-LIABILITY-AND-EQUITY>                   799,572
<PREMIUMS>                                       1,759
<INVESTMENT-INCOME>                              8,071
<INVESTMENT-GAINS>                                  43
<OTHER-INCOME>                                   3,247<F3>
<BENEFITS>                                       7,064<F4>
<UNDERWRITING-AMORTIZATION>                      1,322
<UNDERWRITING-OTHER>                             3,829
<INCOME-PRETAX>                                  1,398
<INCOME-TAX>                                       260
<INCOME-CONTINUING>                              1,138
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,138<F5>
<EPS-PRIMARY>                                      .16
<EPS-DILUTED>                                      .15
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>Includes $23,117 of present value of future profits.
<F2>Includes retained earnings of $8,593 and other comprehensive income of
$2,531.
<F3>Includes policy charges of $1,906, and amortization of negative goodwill of
$347, and fees from separate accounts of $994.
<F4>Includes benefits and claims of $2,817 and interest credited on
interest-sensitive annuities and other financial products of $4,247.
<F5>Net income and EPS calculations do not include preferred stock dividends of 
$71 and $0.01, respectively.
</FN>
        

</TABLE>