<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <DEBT-HELD-FOR-SALE> 2,005 <DEBT-CARRYING-VALUE> 1,806 <DEBT-MARKET-VALUE> 1,802 <EQUITIES> 138 <MORTGAGE> 9 <REAL-ESTATE> 0 <TOTAL-INVEST> 4,253 <CASH> 25 <RECOVER-REINSURE> 29 <DEFERRED-ACQUISITION> 107 <TOTAL-ASSETS> 6,549 <POLICY-LOSSES> 3,758 <UNEARNED-PREMIUMS> 389 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 66 <NOTES-PAYABLE> 119 <PREFERRED-MANDATORY> 19 <PREFERRED> 55 <COMMON> 95 <OTHER-SE> 1,682 <TOTAL-LIABILITY-AND-EQUITY> 6,549 <PREMIUMS> 661 <INVESTMENT-INCOME> 129 <INVESTMENT-GAINS> 7 <OTHER-INCOME> 85 <BENEFITS> 376 <UNDERWRITING-AMORTIZATION> 93 <UNDERWRITING-OTHER> 254 <INCOME-PRETAX> 160 <INCOME-TAX> 51 <INCOME-CONTINUING> 110 <DISCONTINUED> 0 <EXTRAORDINARY> (4) <CHANGES> 0 <NET-INCOME> 106 <EPS-PRIMARY> .80 <EPS-DILUTED> .73 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0