<ARTICLE> 7
<LEGEND>
THIS RESTATED FINANCIAL DATA SCHEDULE IS BEING FILED AS A RESULT OF A RECLASS OF
$3 MILLION BETWEEN PREPAID ACQUISITION COSTS AND UNEARNED INSURANCE PREMIUM.

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-31-1997
<PERIOD-END>                                           DEC-31-1997
<DEBT-HELD-FOR-SALE>                                  237
<DEBT-CARRYING-VALUE>                                   0
<DEBT-MARKET-VALUE>                                     0
<EQUITIES>                                            324
<MORTGAGE>                                             11
<REAL-ESTATE>                                           0
<TOTAL-INVEST>                                        572
<CASH>                                                425 <F1>
<RECOVER-REINSURE>                                    125
<DEFERRED-ACQUISITION>                                 43
<TOTAL-ASSETS>                                       1537  
<POLICY-LOSSES>                                       277
<UNEARNED-PREMIUMS>                                   287
<POLICY-OTHER>                                          0
<POLICY-HOLDER-FUNDS>                                   0
<NOTES-PAYABLE>                                        68
<PREFERRED-MANDATORY>                                 409 <F2>
<PREFERRED>                                             0
<COMMON>                                               10
<OTHER-SE>                                            335
<TOTAL-LIABILITY-AND-EQUITY>                         1537
<PREMIUMS>                                            491
<INVESTMENT-INCOME>                                    37
<INVESTMENT-GAINS>                                     14
<OTHER-INCOME>                                         61
<BENEFITS>                                            218
<UNDERWRITING-AMORTIZATION>                            91
<UNDERWRITING-OTHER>                                  201 <F3>
<INCOME-PRETAX>                                        91
<INCOME-TAX>                                           25
<INCOME-CONTINUING>                                    66
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                           66
<EPS-PRIMARY>                                        2.21<F4><F5>
<EPS-DILUTED>                                        2.20<F4><F6>
<RESERVE-OPEN>                                        303
<PROVISION-CURRENT>                                   263
<PROVISION-PRIOR>                                       0
<PAYMENTS-CURRENT>                                     90
<PAYMENTS-PRIOR>                                      199
<RESERVE-CLOSE>                                       277
<CUMULATIVE-DEFICIENCY>                               (11)
        
<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>Reflects  the impact of  three-for-two  stock split approved by the Board of
Directors on April 21, 1998 for net income.
<F5>Per SFAS No. 128 "Earnings per Share", this item represents EPS-Basic.
<F6>Per SFAS No. 128 "Earnings  per Share",  this item  represents  EPS-Assuming
Dilution.
</FN>