<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS FILED HEREWITH AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <DEBT-HELD-FOR-SALE> 478 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 382 <MORTGAGE> 11 <REAL-ESTATE> 0 <TOTAL-INVEST> 871 <CASH> 127 <F1> <RECOVER-REINSURE> 850 <DEFERRED-ACQUISITION> 53 <TOTAL-ASSETS> 2263 <POLICY-LOSSES> 782 <UNEARNED-PREMIUMS> 420 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 67 <PREFERRED-MANDATORY> 409 <F2> <PREFERRED> 0 <COMMON> 10 <OTHER-SE> 367 <TOTAL-LIABILITY-AND-EQUITY> 2263 <PREMIUMS> 382 <INVESTMENT-INCOME> 64 <INVESTMENT-GAINS> 41 <OTHER-INCOME> 120 <BENEFITS> 166 <UNDERWRITING-AMORTIZATION> 89 <UNDERWRITING-OTHER> 225 <F3> <INCOME-PRETAX> 109 <INCOME-TAX> 36 <INCOME-CONTINUING> 73 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 73 <EPS-BASIC> 2.51<F4> <EPS-DILUTED> 2.50<F5> <RESERVE-OPEN> 558 <PROVISION-CURRENT> 653 <PROVISION-PRIOR> 32 <PAYMENTS-CURRENT> 165 <PAYMENTS-PRIOR> 296 <RESERVE-CLOSE> 782 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Cash includes short-term investments. <F2>Company obligated mandatorily redeemable capital securities and convertible capital securities classified at mezzanine level on Consolidated Statements of Financial Position. <F3>Includes engineering services, underwriting and inspection and interest expense. <F4>Per SFAS No. 128 "Earnings per Share", this item represents EPS-Basic. <F5>Per SFAS No. 128 "Earnings per Share", this item represents EPS-Assuming Dilution. </FN>