FORM 15

                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                    FORM 15

Certification and Notice of Termination of Registration under Section 12(g) of 
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under 
         Sections 13 and 15(d) of the Securities Exchange Act of 1934

                        Commission File Number  000-16267

                          Walshire Assurance Company
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             (Exact name of registrant as specified in its charter)

                      3350 Whiteford Road, York, PA 17402
                                (717) 757-0000
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(Address, including zip code, and telephone number, including area code, of 
                   registrant's principal executive offices)

                   Common Stock (par value $0.01 per share)
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           (Title of each class of securities covered by this Form)

                                     None
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(Title of all other classes of securities for which a duty to file reports under
                        Section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s)
relied upon to terminate or suspend the duty to file reports:

               Rule 12g-4(a)(1)(i)  [X]            Rule 12h-3(b)(1)(ii) [_]
               Rule 12g-4(a)(1)(ii) [_]            Rule 12h-3(b)(2)(i)  [_]
               Rule 12g-4(a)(2)(i)  [_]            Rule 12h-3(b)(2)(ii) [_]
               Rule 12g-4(a)(2)(ii) [_]            Rule 15d-6           [_]
               Rule 12h-3(b)(1)(i)  [_]

     Approximate number of holders of record as of the certification or notice
date:
                                       1
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Pursuant to the requirements of the Securities Exchange Act of 1934, Walshire
Assurance Company has caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person.


DATE:  December 14, 1998                By:  /s/ Kenneth R. Taylor
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                                           Kenneth R. Taylor
                                           Chairman, President and
                                           Chief Executive Officer