<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <DEBT-HELD-FOR-SALE> 534 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 442 <MORTGAGE> 11 <REAL-ESTATE> 0 <TOTAL-INVEST> 987 <CASH> 97 <F1> <RECOVER-REINSURE> 661 <DEFERRED-ACQUISITION> 51 <TOTAL-ASSETS> 2163 <POLICY-LOSSES> 592 <UNEARNED-PREMIUMS> 427 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 80 <PREFERRED-MANDATORY> 409 <F2> <PREFERRED> 0 <COMMON> 10 <OTHER-SE> 412 <TOTAL-LIABILITY-AND-EQUITY> 2163 <PREMIUMS> 190 <INVESTMENT-INCOME> 32 <INVESTMENT-GAINS> 17 <OTHER-INCOME> 55 <BENEFITS> 76 <UNDERWRITING-AMORTIZATION> 44 <UNDERWRITING-OTHER> 100 <F3> <INCOME-PRETAX> 66 <INCOME-TAX> 22 <INCOME-CONTINUING> 44 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 44 <EPS-BASIC> 1.51<F4> <EPS-DILUTED> 1.46<F5> <RESERVE-OPEN> 550 <PROVISION-CURRENT> 0 <F6> <PROVISION-PRIOR> 0 <F6> <PAYMENTS-CURRENT> 0 <F6> <PAYMENTS-PRIOR> 0 <F6> <RESERVE-CLOSE> 592 <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. <F6>Not calculated at interim periods. </FN>