<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> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <DEBT-HELD-FOR-SALE> 2,772,900 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 692,300 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 3,768,000 <CASH> 16,200 <RECOVER-REINSURE> 338,100 <DEFERRED-ACQUISITION> 181,900 <TOTAL-ASSETS> 5,352,500 <POLICY-LOSSES> 1,610,500 <UNEARNED-PREMIUMS> 1,209,600 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 675,900 <PREFERRED-MANDATORY> 0 <PREFERRED> 83,600 <COMMON> 72,100 <OTHER-SE> 1,320,100 <TOTAL-LIABILITY-AND-EQUITY> 5,352,500 <PREMIUMS> 2,727,200 <INVESTMENT-INCOME> 191,000 <INVESTMENT-GAINS> 46,700 <OTHER-INCOME> 38,900 <BENEFITS> 1,943,800 <UNDERWRITING-AMORTIZATION> 459,600 <UNDERWRITING-OTHER> 167,200 <INCOME-PRETAX> 345,900 <INCOME-TAX> 95,400 <INCOME-CONTINUING> 250,500 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 250,500 <EPS-PRIMARY> 3.37<F1> <EPS-DILUTED> 3.26<F1> <RESERVE-OPEN> 1,098,700 <PROVISION-CURRENT> 2,002,100 <PROVISION-PRIOR> (56,600) <PAYMENTS-CURRENT> 1,204,500 <PAYMENTS-PRIOR> 525,300 <RESERVE-CLOSE> 1,314,400 <CUMULATIVE-DEFICIENCY> (56,600) <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>