<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet as of June 30, 2000 and the consolidated statement of
operations for the six months ended June 30, 2000 and is qualified in its
entirety by reference to such financial statements.


                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<DEBT-HELD-FOR-SALE>                       256,216,131
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                             256,216,131
<CASH>                                      43,789,966
<RECOVER-REINSURE>                         118,374,365
<DEFERRED-ACQUISITION>                     182,100,994
<TOTAL-ASSETS>                           2,142,821,504
<POLICY-LOSSES>                            153,662,253
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                    1,569,618,540
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    25,499,999
<OTHER-SE>                                 383,381,968
<TOTAL-LIABILITY-AND-EQUITY>             2,142,821,504
<PREMIUMS>                                  73,914,378
<INVESTMENT-INCOME>                         52,616,929
<INVESTMENT-GAINS>                         (2,980,705)
<OTHER-INCOME>                               3,396,958
<BENEFITS>                                  62,856,415
<UNDERWRITING-AMORTIZATION>                 16,590,879
<UNDERWRITING-OTHER>                        11,804,610
<INCOME-PRETAX>                             15,636,061
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                15,636,061
<EPS-BASIC>                                       0.61
<EPS-DILUTED>                                     0.57
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0