<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 3,335,700 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 993,800 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 4,969,500 <CASH> 18,600 <RECOVER-REINSURE> 362,100 <DEFERRED-ACQUISITION> 255,900 <TOTAL-ASSETS> 7,138,200 <POLICY-LOSSES> 2,082,000 <UNEARNED-PREMIUMS> 1,863,400 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 775,900 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,000 <OTHER-SE> 1,830,000 <TOTAL-LIABILITY-AND-EQUITY> 7,138,200 <PREMIUMS> 1,904,100 <INVESTMENT-INCOME> 129,300 <INVESTMENT-GAINS> 26,300 <OTHER-INCOME> 22,400 <BENEFITS> 1,360,000 <UNDERWRITING-AMORTIZATION> 276,200 <UNDERWRITING-OTHER> 133,500 <INCOME-PRETAX> 256,900 <INCOME-TAX> 78,300 <INCOME-CONTINUING> 178,600 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 178,600 <EPS-PRIMARY> 2.49<F1> <EPS-DILUTED> 2.39<F1> <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Represents basic and diluted earnings per share as required by SFAS 128, "Earnings per Share," which replaces primary and fully diluted earnings per share as previously reported. </FN>