<TABLE> <S> <C>

<ARTICLE>           7
<LEGEND>
 ARTICLE 7 OF REGULATION S-X
</LEGEND>
<MULTIPLIER>       1,000
       
<S>                                                          <C>
<PERIOD-TYPE>                                                  9-MOS
<FISCAL-YEAR-END>                                          DEC-31-1995
<PERIOD-END>                                               SEP-30-1995
<DEBT-HELD-FOR-SALE>                                            31,786
<DEBT-CARRYING-VALUE>                                                0
<DEBT-MARKET-VALUE>                                                  0
<EQUITIES>                                                          24
<MORTGAGE>                                                           0
<REAL-ESTATE>                                                        0
<TOTAL-INVEST>                                                  51,651
<CASH>                                                           2,582
<RECOVER-REINSURE>                                                 366
<DEFERRED-ACQUISITION>                                          65,289
<TOTAL-ASSETS>                                               1,148,467
<POLICY-LOSSES>                                                 31,590
<UNEARNED-PREMIUMS>                                                  0
<POLICY-OTHER>                                                       0
<POLICY-HOLDER-FUNDS>                                                0
<NOTES-PAYABLE>                                                      0
<COMMON>                                                         2,500
<PREFERRED-MANDATORY>                                                0
<PREFERRED>                                                     50,000
<OTHER-SE>                                                      40,160
<TOTAL-LIABILITY-AND-EQUITY>                                 1,148,467
<PREMIUMS>                                                           0
<INVESTMENT-INCOME>                                              1,978
<INVESTMENT-GAINS>                                                  71
<OTHER-INCOME>                                                  13,922
<BENEFITS>                                                       2,302
<UNDERWRITING-AMORTIZATION>                                      2,121
<UNDERWRITING-OTHER>                                             9,372
<INCOME-PRETAX>                                                  2,176
<INCOME-TAX>                                                         0
<INCOME-CONTINUING>                                              2,176
<DISCONTINUED>                                                       0
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                     2,176
<EPS-PRIMARY>                                                     8.70
<EPS-DILUTED>                                                     8.70
<RESERVE-OPEN>                                                       0
<PROVISION-CURRENT>                                                  0
<PROVISION-PRIOR>                                                    0
<PAYMENTS-CURRENT>                                                   0
<PAYMENTS-PRIOR>                                                     0
<RESERVE-CLOSE>                                                      0
<CUMULATIVE-DEFICIENCY>                                              0
        

</TABLE>