CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS




The Board of Directors
THE CONTINENTAL CORPORATION:


We consent to the use of our reports, incorporated herein by
reference, relating to the consolidated financial statements and
related schedules of The Continental Corporation incorporated by
reference in or included in the Corporation's Annual Report on Form
10-K for the year ended December 31, 1993, and to the reference to
our firm under the caption "Experts" in the Prospectus.

Our reports refer to The Continental Corporation and subsidiaries'
change in methods of accounting for multiple-year retrospectively rated
reinsurance contracts and for the adoption of the provisions of the
Financial Accounting Standards Board's Statement of Financial Accounting
Standards No. 112, "Employers' Accounting for Postemployment Benefits,"
No. 113, "Accounting and Reporting for Reinsurance of Short-Duration
and Long-Duration Contracts," and No. 115, "Accounting for Certain
Investments in Debt and Equity Securities," in 1993.  The Continental
Corporation and subsidiaries adopted the provisions of the Financial
Accounting Standards Board's Statement of Financial Accounting
Standards No. 106, "Employers' Accounting for Postretirement Benefits
Other Than Pensions," and No. 109, "Accounting for Income Taxes," in
1992.

                                        KPMG Peat Marwick




NEW YORK, NEW YORK
May 13, 1994