<ARTICLE> 7 <LEGEND> This schedule contains summary financial informatin extracted from Old Republic International Corporation's consolidated balance sheet and consolidated state- ment of income and is qualified in its entirety by reference to such financial statements. This schedule has been restated to reflect the adoption of FAS 128. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 2,080 <DEBT-CARRYING-VALUE> 2,109 <DEBT-MARKET-VALUE> 2,150 <EQUITIES> 117 <MORTGAGE> 8 <REAL-ESTATE> 0 <TOTAL-INVEST> 4,639 <CASH> 33 <RECOVER-REINSURE> 25 <DEFERRED-ACQUISITION> 122 <TOTAL-ASSETS> 6,864 <POLICY-LOSSES> 3,739 <UNEARNED-PREMIUMS> 370 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 58 <NOTES-PAYABLE> 151 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 103 <OTHER-SE> 2,001 <TOTAL-LIABILITY-AND-EQUITY> 6,864 <PREMIUMS> 1,080 <INVESTMENT-INCOME> 202 <INVESTMENT-GAINS> 17 <OTHER-INCOME> 147 <BENEFITS> 587 <UNDERWRITING-AMORTIZATION> 140 <UNDERWRITING-OTHER> 393 <INCOME-PRETAX> 316 <INCOME-TAX> 94 <INCOME-CONTINUING> 222 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 222 <EPS-PRIMARY> 1.68 <EPS-DILUTED> 1.57 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0