SCHEDULE P - ANALYSIS OF LOSSES AND LOSS EXPENSES
                               Notes to Schedule P

1.   The Parts of Schedule P:
          Part 1 - detailed information on losses and loss expenses.
          Part 2 - history of incurred losses and allocated expenses.
          Part 3 - history of loss and allocated expense payments.
          Part 4 - history of bulk and incurred but not reported reserves.
          Part 5 - history of claims.
          Part 6 - history of premiums earned.
          Part 7 - history of loss sensitive contracts.
          Schedule P Interrogatories.

2.   Lines of  business  A  through  M, R and S are  groupings  of the  lines of
     business used on the state page.

3.   Reinsurance A, B, C, and D (Lines N to Q) are:

          Reinsurance A - nonproportional property (1988 and subsequent)
          Reinsurance B - nonproportional liability (1988 and subsequent)
          Reinsurance C - financial lines (1988 and subsequent)
          Reinsurance D - old Schedule O, Line 30 (1987 and prior)

4.   Parts 2 and 4 are gross of all discounting,  including tabular discounting.
     Part 1 is gross of only  non-tabular  discounting,  which  is  reported  in
     Columns 31 and 32 of part 1. The tabular  discount,  if any, is reported in
     the Notes to Financial  Statements which will reconcile Part 1 with Parts 2
     and 4.

<PAGE>

                                     PAGE 74




<TABLE>
<CAPTION>

                                                    SCHEDULE P - PART 1 - SUMMARY

                                                           ($000 Omitted)
====================================================================================================================================
    (1)              PREMIUMS EARNED                            LOSS AND LOSS EXPENSE PAYMENTS                              (12)   
  Years in  -------------------------------------------------------------------------------------------------------------      
   which                                       LOSS PAYMENTS   ALLOCATED LOSS EXPENSE                                             
  Premiums      (2)       (3)        (4)                             PAYMENTS             (9)        (10)        (11)     Number of 
Were Earned                                                                                                                Claims   
 and Losses  Direct and  Ceded       Net    ---------------------------------------- Salvage and  Unallocated  Total Net  Reported -
    Were      Assumed            (Cols. 2-3)    (5)        (6)         (7)      (8)  Subrogation Loss Expense    Paid     Direct and
  Incurred                                   Direct and            Direct and         Received     Payments   (Cols. 5-6   Assumed  
                                              Assumed     Ceded      Assumed   Ceded                           +7-8+10)          
------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>         <C>      <C>        <C>        <C>         <C>        <C>      <C>         <C>        <C>        <C>
 1. Prior        xxx        xxx       xxx       1342        615        907       181      170           0        1453      xxx
 2. 1987      141236      75165     66071      54243      27494       4988      1614     2009           0       30123      xxx
 3. 1988      157648      86659     70989      77251      43330      10325      4303     3117           0       39943      xxx
 4. 1989      165195      93434     71761     177088     135908      15627      7313     2630           0       49494      xxx
 5. 1990      166056     101563     64493     104308      74391      11314      4193     2531           0       37038      xxx
 6. 1991      179573     115157     64416      63760      39145       8383      2582     1765           0       30416      xxx
 7. 1992      161162     102887     58275      66970      46323       4311      1373      760           0       23585      xxx
 8. 1993      165180      99903     65277      78677      51353       3768      1765      768        1799       31126      xxx
 9. 1994      180033     100778     79255     114218      86618       3808      2471     1651        2189       31126      xxx
10. 1995      197192      93731    103461      42694      18434       1104       370      557        2111       27105      xxx
11. 1996      168183      71146     97037      23851       9364        607        82       31        1860       16872      xxx
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx        xxx       xxx     804402     532975      65142     26247    15989        7959      318281      xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                         LOSSES UNPAID               ALLOCATED LOSS EXPENSES UNPAID
          --------------------------------------------------------------------------     (21)        (22)       (23)        (24)    
                CASE BASIS           BULK + IBNR      CASE BASIS       BULK + IBNR                                                  
          --------------------------------------------------------------------------  SALVAGE &   UNALLOCATED TOTAL NET    NUMBER OF
             (13)       (14)       (15)      (16)     (17)    (18)   (19)      (20)  SUBROGATION     LOSS    LOSSES AND    CLAIMS   
          Direct and              Direct              Direct        Direct           ANTICIPATED   EXPENSES   EXPENSES   OUTSTANDING
            Assumed    Ceded       and      Ceded      and   Ceded   and     Ceded                  UNPAID     UNPAID    DIRECT AND 
                                 Assumed             Assumed        Assumed                                                ASSUMED  
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>        <C>        <C>        <C>        <C>    <C> <C>        <C>       <C>         <C>       <C>           <C>   
 1. Prior    16712      10003      7937       4417       0      0    552       228        211          0       10553         xxx
 2. 1987      2439        736      1000        302       0      0    239        85         78          0        2555         xxx
 3. 1988      5328       2308      2492        751       0      0    361       123        113          0        4999         xxx
 4. 1989     13058       9303      5142       1522       0      0    598       194        212          0        7779         xxx
 5. 1990     14808       7416      7352       2126       0      0    762       208        319          0       13172         xxx
 6. 1991     11274       4802     11640       3101       0      0    903       195        275          0       15719         xxx
 7. 1992     10765       5092     13107       3776       0      0   1904       395        372          0       16513         xxx
 8. 1993     13780       6469     16371       4796       0      0   2512       502        562          0       20896         xxx
 9. 1994     42199      32194     25125       7501       0      0   4480       729       1012          0       31380         xxx
10. 1995     20801      13591     41225      11919       0      0   6769       790       1510          0       42495         xxx
11. 1996     29024      17819     54223      15785       0      0   8065       967       2223        151       56892         xxx
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS  180188     109733    185614      55996       0      0  27145      4416       6887        151      222953         xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                TOTAL LOSSES AND                          LOSS AND                 NONTABULAR                     NET BALANCE SHEET
             LOSS EXPENSES INCURRED                LOSS EXPENSE PERCENTAGE          DISCOUNT                       RESERVES AFTER
                                                 (Incurred/Premiums Earned)                            (33)            DISCOUNT    
          ----------------------------------------------------------------------------------------                ------------------
             (25)       (26)      (27)            (28)       (29)      (30)    (31)     (32)       Inter-Company    (34)      (35)
                                                                                        Loss          Pooling        
          Direct and   Ceded       Net        Direct and    Ceded      Net     Loss    Expense    Participation   Losses      Loss
           Assumed                             Assumed                                              Percentage    Unpaid    Expenses
                                                                                                                             Unpaid
------------------------------------------------------------------------------------------------------------------------------------
<S>        <C>        <C>         <C>          <C>          <C>       <C>        <C>      <C>         <C>          <C>        <C>  
 1. Prior     xxx        xxx        xxx          xxx          xxx      xxx       0        0            xxx         10229       324
 2. 1987    62909      30231      32678         44.5         40.2     49.5       0        0           50.0          2401       154
 3. 1988    95757      50815      44942         60.7         58.6     63.3       0        0           50.0          4761       238
 4. 1989   211513     154240      57273        128.0        165.1     79.8       0        0           58.9          7375       404
 5. 1990   138545      88335      50210         83.4         87.0     77.9       0        0           66.9         12618       554
 6. 1991    95960      49825      46135         53.4         43.3     71.6       0        0           77.3         15011       708
 7. 1992    97057      56959      40098         60.2         55.4     68.8       0        0           81.5         15004      1509
 8. 1993   116703      64681      52022         70.7         64.7     79.7       0        0           84.0         18886      2010
 9. 1994   191762     129256      62506        106.5        128.3     78.9       0        0           90.7         27629      3751
10. 1995   114429      44829      69600         58.0         47.8     67.3       0        0           95.0         36516      5979
11. 1996   117524      43760      73764         69.9         61.5     76.0       0        0           95.0         49643      7249
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS    xxx        xxx        xxx          xxx          xxx      xxx       0        0            xxx        200073     22880
====================================================================================================================================
</TABLE>

<PAGE>

                                     PAGE 75



<TABLE>
<CAPTION>
                                                    SCHEDULE P - PART 2 - SUMMARY
====================================================================================================================================
    (1)                 INCURRED LOSSES AND ALLOCATED EXPENSES REPORTED AT YEAR END ($000 OMITTED)                   DEVELOPMENT
  Years in
   Which
Losses Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                (2)         (3)        (4)        (5)       (6)    (7)    (8)       (9)       (10)      (11)       (12)      (13)

                1987       1988       1989       1990      1991   1992   1993      1994      1995      1996      One Year  Two Year
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>      <C>         <C>       <C> 
 1. Prior      55176      52042      50507      47139     45465  41839  38837     36714      36472    38934         2462     2220
 2. 1987       45261      43418      41081      38540     36739  35557  35899     34278      33410    32678         (732)   (1600)
 3. 1988         xxx      50472      48745      46671     48177  47602  46244     45167      44662    44942          280     (225)
 4. 1989         xxx        xxx      53563      54047     58399  59626  60030     58538      58683    57273        (1410)   (1265)
 5. 1990         xxx        xxx        xxx      50795     47279  49348  49352     51990      50500    50210         (290)   (1780)
 6. 1991         xxx        xxx        xxx        xxx     45344  43866  45953     46206      45467    46135          668      (71)
 7. 1992         xxx        xxx        xxx        xxx       xxx  48868  46024     42127      40235    40098         (137)   (2029)
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx  54969     52929      52621    50223        (2398)   (2706)
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx     64065      63601    60317        (3284)   (3748)
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx      75620    67489        (8131)     xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx    71753          xxx      xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS       (12972)  (11204)
====================================================================================================================================
</TABLE>


<TABLE>
<CAPTION>
                                                    SCHEDULE P - PART 3 - SUMMARY

====================================================================================================================================
   (1)                  CUMULATIVE PAID LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)                  (12)       (13)

 Year in  
  Which                                                                                                        Number of   Number of
 Losses        ---------------------------------------------------------------------------------------------     Claims      Claims 
  Were           (2)        (3)        (4)        (5)       (6)   (7)     (8)      (9)        (10)    (11)    Closed With    Closed 
Incurred                                                                                                          Loss      Without 
                                                                                                                Payment       Loss  
                1987       1988       1989       1990      1991   1992   1993      1994       1995    1996                  Payment 
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>       <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>      <C>          <C>        <C>
 1. Prior          0       8869      15618      19097     22460  21633  23267     25374      26928    28381        xxx        xxx
 2. 1987        4470      11487      16482      19551     22740  23775  26594     27811      30108    30123        xxx        xxx
 3. 1988         xxx       4336      11663      16855     24451  28017  31112     35705      38073    39943        xxx        xxx
 4. 1989         xxx        xxx       5299      16469     23496  29398  38031     44021      47018    49494        xxx        xxx
 5. 1990         xxx        xxx        xxx       2184      8747  13360  21530     29030      33343    37038        xxx        xxx
 6. 1991         xxx        xxx        xxx        xxx      2047   5055  13818     20500      24862    30416        xxx        xxx
 7. 1992         xxx        xxx        xxx        xxx       xxx   2756   9790     14140      19226    23585        xxx        xxx
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx   4431     17339      24714    29327        xxx        xxx
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx     11186      21765    28937        xxx        xxx
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx      10044    24994        xxx        xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx    15012        xxx        xxx
====================================================================================================================================
</TABLE>


<TABLE>
<CAPTION>
                                                    SCHEDULE P - PART 4 - SUMMARY

====================================================================================================================================
        (1)                BULK AND INCURRED BUT NOT REPORTED RESERVES ON LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)

      Years in       ---------------------------------------------------------------------------------------------------------------
    Which Losses        (2)       (3)        (4)         (5)        (6)        (7)        (8)        (9)        (10)       (11)     
   Were Incurred                                                                                                                    
                       1987       1988       1989       1990       1991       1992       1993       1994       1995       1996      
------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>        <C>        <C>        <C>        <C>        <C>        <C>        <C>        <C>        <C> 
 1. Prior             27434      19551      14733       9408       5785       3885       2444       2113       2371       3844
 2. 1987              32591      20985      15436      10346       6866       4313       2965       1425       1147        852
 3. 1988                xxx      35531      24459      15625      10917       7873       5700       3588       2698       1979
 4. 1989                xxx        xxx      38132      24234      16024      11451       8506       6589       5465       4024
 5. 1990                xxx        xxx        xxx      39863      26182      17966      13671       9935       8107       5780
 6. 1991                xxx        xxx        xxx        xxx      34420      25773      18745      14270      12104       9247
 7. 1992                xxx        xxx        xxx        xxx        xxx      38440      26128      18334      14054      10840
 8. 1993                xxx        xxx        xxx        xxx        xxx        xxx      39236      24199      18552      13585
 9. 1994                xxx        xxx        xxx        xxx        xxx        xxx        xxx      43640      30938      21375
10. 1995                xxx        xxx        xxx        xxx        xxx        xxx        xxx        xxx      52032      35285
11. 1996                xxx        xxx        xxx        xxx        xxx        xxx        xxx        xxx        xxx      45536
====================================================================================================================================
</TABLE>



<PAGE>

                                     PAGE 76

                              SCHEDULE P - PART 1A

                                      NONE


<PAGE>



                                     PAGE 77

                              SCHEDULE P - PART 1B

                                      NONE







<PAGE>


<TABLE>
<CAPTION>

                                                               PAGE 78

                                                        SCHEDULE P - PART 1C
                                               COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL

                                                           ($000 Omitted)

===================================================================================================================================
    (1)               PREMIUMS EARNED                               LOSS AND LOSS EXPENSE PAYMENTS                           (12)
  Years in
   which                                                                                                                   Number of
  Premiums      --------------------------------------------------------------------------------------------------------   Claims
Were Earned      (2)        (3)       (4)      LOSS PAYMENTS    ALLOCATED LOSS EXPENSE     (9)       (10)        (11)     Reported -
 and Losses                                                           PAYMENTS                                            Direct and
    Were      Direct and   Ceded      Net                                               Salvage and Unallocated  Total Net  Assumed
  Incurred     Assumed            (Cols. 2-3) ----------------------------------------- Subrogation Loss Expense   Paid       
                                                 (5)      (6)     (7)          (8)      Received    Payments     (Cols. 5-6  
                                              Direct and       Direct and                                        +7-8 +10)    
                                               Assumed   Ceded  Assumed       Ceded          
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>         <C>      <C>         <C>       <C>       <C>          <C>        <C>        <C>         <C>       <C>
 1. Prior      xxx         xxx      xxx         0         0         0            0           0         0           0         xxx
 2. 1987         0           0        0         0         0         0            0           0         0           0           0
 3. 1988         0           0        0         0         0         0            0           0         0           0           0
 4. 1989         0           0        0         0         0         0            0           0         0           0           0
 5. 1990         0           0        0         0         0         0            0           0         0           0           0
 6. 1991         0           0        0         0         0         0            0           0         0           0           0
 7. 1992         0           0        0         0         0         0            0           0         0           0           0
 8. 1993         0           0        0         0         0         0            0           0         0           0           0
 9. 1994         0           0        0         0         0         0            0           0         0           0           0
10. 1995        36           3       33        13         5         2            1           0         0           9           6
11. 1996         4           2        2         1         0         1            0           0         0           2           1
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS      xxx         xxx      xxx       14         5         3            1           0         0          11         xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                      LOSSES UNPAID                  ALLOCATED LOSS EXPENSES UNPAID       (21)     (22)        (23)         (24)    
                                                                                                                                    
          ---------------------------------------------------------------------------  SALVAGE &  UNALLOCATED TOTAL NET   NUMBER OF 
               CASE BASIS         BULK + IBNR       CASE BASIS        BULK + IBNR     SUBROGATION   LOSS      LOSSES AND   CLAIMS   
          --------------------------------------------------------------------------- ANTICIPATED  EXPENSES   EXPENSES   OUTSTANDING
             (13)       (14)    (15)     (16)     (17)      (18)     (19)       (20)                UNPAID     UNPAID     DIRECT AND
          Direct and            Direct           Direct               Direct                                                ASSUMED 
            Assumed    Ceded     and    Ceded     and      Ceded       and      Ceded                                               
                               Assumed          Assumed              Assumed                                                        
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>    <C>      <C>     <C>         <C>       <C>       <C>        <C>      <C>        <C>         <C>
 1. Prior      0          0       0       0       0           0         0         0          0        0           0           0
 2. 1987       0          0       0       0       0           0         0         0          0        0           0           0
 3. 1988       0          0       0       0       0           0         0         0          0        0           0           0
 4. 1989       0          0       0       0       0           0         0         0          0        0           0           0
 5. 1990       0          0       0       0       0           0         0         0          0        0           0           0
 6. 1991       0          0       0       0       0           0         0         0          0        0           0           0
 7. 1992       0          0       0       0       0           0         0         0          0        0           0           0
 8. 1993       0          0       0       0       0           0         0         0          0        0           0           0
 9. 1994       0          0       0       0       0           0         0         0          0        0           0           0
10. 1995       0          0      15       0       0           0         0         0          0        0          15           2
11. 1996       0          0       0       0       0           0         0         0          0        0           0           0
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS     0          0      15       0       0           0         0         0          0        0          15           2
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                TOTAL LOSSES AND                 LOSS AND                 NONTABULAR                         NET BALANCE SHEET  
             LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE          DISCOUNT                       RESERVES AFTER DISCOUNT
                                         (Incurred/Premiums Earned)                            (33)                
       -----------------------------------------------------------------------------------             -----------------------------
              (25)       (26)    (27)     (28)        (29)     (30)     (31)     (32)     Inter-Company       (34)        (35)
                                                                                Loss        Pooling         
           Direct and   Ceded     Net   Direct and    Ceded    Net      Loss   Expense   Participation    Losses      Loss Expenses
            Assumed                       Assumed                                          Percentage     Unpaid          Unpaid
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>     <C>      <C>        <C>      <C>         <C>     <C>         <C>           <C>             <C>
 1. Prior    xxx         xxx     xxx      xxx        xxx      xxx         0       0           xxx            0              0
 2. 1987       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 3. 1988       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 4. 1989       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 5. 1990       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 6. 1991       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 7. 1992       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 8. 1993       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
 9. 1994       0           0       0       0.0        0.0      0.0        0       0             0.0          0              0
10. 1995      30           6      24      83.3      200.0     72.7        0       0           100.0         15              0
11. 1996       2           0       2      50.0        0.0    100.0        0       0           100.0          0              0
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS    xxx         xxx     xxx      xxx        xxx      xxx        0       0             xxx         15              0
====================================================================================================================================
</TABLE>



<PAGE>


                                     PAGE 79

                              SCHEDULE P - PART 1D

                                      NONE

<PAGE>


                                     PAGE 80

                              SCHEDULE P - PART 1E

                                      NONE

<PAGE>


                                     PAGE 81

                        SCHEDULE P - PART 1F - Section 1

                                      NONE

<PAGE>



                                     PAGE 82

                        SCHEDULE P - PART 1F - Section 2

                                      NONE



<PAGE>



<TABLE>
<CAPTION>
                                                               PAGE 83

                                              SCHEDULE P - PART 1G - SPECIAL LIABILITY
                                               (OCEAN, MARINE, AIRCRAFT (ALL PERILS),
                                                        BOILER AND MACHINERY)

                                                           ($000 Omitted)

====================================================================================================================================
    (1)           PREMIUMS EARNED                                  LOSS AND LOSS EXPENSE PAYMENTS                            (12)
  Years in
   Which     --------------------------------------------------------------------------------------------------------     Number of
  Premiums    (2)         (3)    (4)            LOSS PAYMENTS  ALLOCATED LOSS EXPENSE    (9)         (10)        (11)       Claims
Were Earned                                                           PAYMENTS                                            Reported -
 and Losses Direct and  Ceded    Net      ------------------------------------------- Salvage and Unallocated  Total Net  Direct and
    Were     Assumed          (Cols. 2-3)      (5)         (6)      (7)          (8)  Subrogation Loss Expense   Paid      Assumed
  Incurred                                  Direct and           Direct and            Received   Payments     (Cols. 5-6           
                                             Assumed      Ceded   Assumed       Ceded                          +7-8 +10)            
------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>        <C>      <C>         <C>           <C>      <C>          <C>     <C>         <C>         <C>          <C> 
 1. Prior      xxx       xxx      xxx          363          129     192          (4)      59           0          430        xxx
 2. 1987    103041     53772    49269        37295        15884    3286          933    1363           0        23764        xxx
 3. 1988     97175     52950    44225        52360        29554    3473         1085    2148           0        25194        xxx
 4. 1989     90050     50496    39554       115893        88402    5774         2589    1653           0        30676        xxx
 5. 1990     83386     54096    29290        65179        46372    3290         1293    1237           0        20804        xxx
 6. 1991    105852     76884    28968        47933        34986    2825         1523    1323           0        14249        xxx
 7. 1992    102056     72237    29819        43282        30006    1977          881     605           0        14372        xxx
 8. 1993    112791     71326    41465        45318        25876    1615          834     614        1282        21505        xxx
 9. 1994    131909     69343    62566        47724        27863     966          446    1510        1823        22204        xxx
10. 1995    161865     78258    83607        26203        12512     532          245     516        1882        15860        xxx
11. 1996    154620     66721    87899        21494         8550     397           54      31        1821        15108        xxx
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS    xxx       xxx       xxx       503044       320134   24327         9879   11059        6808       204166        xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                         LOSSES UNPAID                  ALLOCATED LOSS EXPENSES UNPAID     (21)      (22)        (23)        (24)
             -------------------------------------------------------------------------
               CASE BASIS             BULK + IBNR       CASE BASIS         BULK + IBNR  SALVAGE &   UNALLOCATED TOTAL NET  NUMBER OF
             -------------------------------------------------------------------------  SUBROGATION    LOSS      LOSSES     CLAIMS
            (13)        (14)       (15)       (16)    (17)     (18)    (19)       (20)  ANTICIPATED  EXPENSES     AND    OUTSTANDING
          Direct and             Direct              Direct            Direct                         UNPAID    EXPENSES  DIRECT AND
           Assumed     Ceded      and       Ceded     and     Ceded      and      Ceded                          UNPAID     ASSUMED
                                Assumed             Assumed            Assumed            
------------------------------------------------------------------------------------------------------------------------------------
<S>        <C>        <C>        <C>        <C>         <C>      <C>     <C>        <C>       <C>       <C>     <C>          <C>
 1. Prior   3245       1075       1005        558       0        0        236        33        130        0       2820        835
 2. 1987     957         80        270         95       0        0         58         4         57        0       1106        210
 3. 1988    2449       1312        435        145       0        0         64         6         72        0       1485        286
 4. 1989   10221       8003        960        340       0        0        132         6        155        0       2964        370
 5. 1990    7654       4888       1501        516       0        0        223         9        207        0       3965        357
 6. 1991    4093       3215       2475        695       0        0        334        15        136        0       2977        377
 7. 1992    7357       4911       4139       1337       0        0       1003       114        260        0       6137        448
 8. 1993    5557       2856       8917       2809       0        0       1216       154        425        0       9871        628
 9. 1994   21106      14929      18428       5849       0        0       2572       321        903        0      21007        727
10. 1995   18472      13358      35191      10843       0        0       5335       656       1392        0      34141        873
11. 1996   27535      17356      48752      15028       0        0       7101       878       2139      146      50272        792
------------------------------------------------------------------------------------------------------------------------------------
12.TOTALS 108646      71983     122073      38215       0        0      18274      2196       5876      146     136745       5903
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
            ----------------------------------------------------------------------------------               -----------------------
                (25)       (26)      (27)      (28)       (29)     (30)       (31)      (32)    Inter-Company    (34)       (35)
                                                                                                  Pooling                     
             Direct and   Ceded      Net    Direct and   Ceded     Net        Loss      Loss    Participation  Losses  Loss Expenses
               Assumed                       Assumed                                   Expense    Percentage   Unpaid      Unpaid
------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>        <C>        <C>       <C>       <C>        <C>          <C>       <C>       <C>        <C>           <C>   
 1. Prior        xxx       xxx        xxx       xxx       xxx       xxx         0         0          xxx         2617          203
 2. 1987       41866     16996      24870      40.6      31.6      50.5         0         0         50.0         1052           54
 3. 1988       58781     32102      26679      60.5      60.6      60.3         0         0         50.0         1427           58
 4. 1989      132980     99340      33640     147.7     196.7      85.0         0         0         58.9         2838          126
 5. 1990       77848     53079      24769      93.4      98.1      84.6         0         0         66.9         3751          214
 6. 1991       57660     40434      17226      54.5      52.6      59.5         0         0         69.7         2658          319
 7. 1992       57758     37249      20509      56.6      51.6      68.8         0         0         71.5         5248          889
 8. 1993       63763     32387      31376      56.5      45.4      75.7         0         0         76.5         8809         1062
 9. 1994       92403     49192      43211      70.1      70.9      69.1         0         0         85.7        18756         2251
10. 1995       87386     37385      50001      54.0      47.8      59.8         0         0         90.0        29462         4679
11. 1996      106994     41614      65380      69.2      62.4      74.4         0         0         90.0        43903         6369
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx       xxx        xxx       xxx       xxx       xxx         0         0          xxx       120521        16224
====================================================================================================================================
</TABLE>


<PAGE>

<TABLE>
<CAPTION>
                                                               PAGE 84

                                                  SCHEDULE P - PART 1H - SECTION 1
                                                    OTHER LIABILITY - OCCURRENCE

                                                           ($000 Omitted)

====================================================================================================================================
    (1)             PREMIUMS EARNED                                 LOSS AND LOSS EXPENSE PAYMENTS                           (12)
  Years in   ------------------------------------------------------------------------------------------------------------
   which        (2)       (3)       (4)       LOSS PAYMENTS       ALLOCATED LOSS          (9)         (10)        (11)     Number of
  Premiums                                                       EXPENSE PAYMENTS                                           Claims
Were Earned  Direct and   Ceded     Net    ---------------------------------------   Salvage and  Unallocated  Total Net   Reported-
 and Losses   Assumed           (Cols. 2-3)    (5)       (6)       (7)       (8)     Subrogation  Loss Expense   Paid     Direct and
    Were                                    Direct and          Direct and           Received      Payments    (Cols. 5-6   Assumed
  Incurred                                   Assumed    Ceded    Assumed    Ceded                              +7-8 +10)         
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>       <C>        <C>       <C>        <C>      <C>       <C>           <C>          <C>       <C>           <C> 
 1. Prior        xxx       xxx        xxx       634       284      603       131            1            0         822         xxx
 2. 1987        4924      2952       1972      1748       797      820       275          143            0        1496         204
 3. 1988       22264     10018      12246     10061      3891     5243      2127          367            0        9286         744
 4. 1989       30497     14177      16320     13445      6208     4647      1329          332            0       10555         781
 5. 1990       29819     10899      18920     10766      4443     5408      1487          259            0       10244         769
 6. 1991       25877      5962      19915     12697      2650     4768       624          234            0       14191         811
 7. 1992       17471      2251      15220      4829       303     1334        33          147            0        5827         535
 8. 1993       12003      1329      10674      2071       166      792        60           33           56        2693         296
 9. 1994        7739       857       6882      1395       117      410        34           13          112        1766         193
10. 1995        4517       224       4293       587         0       88         1            2           13         687          97
11. 1996        3305        92       3213        14         0        4         0            0           10          28          37
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx       xxx        xxx     58247     18859    24117      6101         1531          191       57595         xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                            LOSSES UNPAID                ALLOCATED LOSS EXPENSES UNPAID    (21)        (22)       (23)       (24)
           ----------------------------------------------------------------------------
                CASE BASIS                BULK + IBNR       CASE BASIS     BULK + IBNR   SALVAGE &  UNALLOCATED TOTAL NET  NUMBER OF
           ---------------------------------------------------------------------------- SUBROGATION    LOSS      LOSSES     CLAIMS
                (13)      (14)        (15)       (16)      (17)    (18)    (19)    (20) ANTICIPATED  EXPENSES     AND    OUTSTANDING
           Direct and               Direct                 Direct          Direct                     UNPAID    EXPENSES  DIRECT AND
             Assumed      Ceded       and       Ceded       and    Ceded    and     Ceded                        UNPAID      ASSUMED
                                    Assumed               Assumed         Assumed 
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>         <C>        <C>        <C>         <C>    <C>    <C>      <C>     <C>         <C>       <C>        <C> 
 1. Prior      12908       8609       6792       3775        0      0       316      195     71         0         7437       2162
 2. 1987         341         11        334         46        0      0        90       31      7         0          677         19
 3. 1988        1768        619       1100        158        0      0       188       62     22         0         2217         80
 4. 1989        1815        660       2438        347        0      0       302      103     33         0         3445         84
 5. 1990        4496       1295       3742        588        0      0       351      102     68         0         6604        113
 6. 1991        4817        873       6912       1342        0      0       365       71    103         0         9808        152
 7. 1992        2963         28       6503       1481        0      0       523      130     88         0         8350        120
 8. 1993        4002        339       5068       1193        0      0       827      191     84         0         8174        151
 9. 1994        3156        250       3559        842        0      0      1008      232     63         0         6399        113
10. 1995        1213         26       2494        264        0      0       416       37     38         0         3796         53
11. 1996         153          1       2741        278        0      0       507       47     29         2         3077         32
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS     37632      12711      41683      10314        0      0      4893     1201    606         2        59984       3079
====================================================================================================================================
</TABLE>                                                                       

<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
        -------------------------------------------------------------------------------------  Inter-Company -----------------------
               (25)       (26)      (27)      (28)      (29)      (30)     (31)      (32)         Pooling         (34)       (35)   
                                                                                    Loss       Participation                       
            Direct and   Ceded       Net   Direct and   Ceded      Net     Loss    Expense      Percentage       Losses       Loss  
             Assumed                         Assumed                                                             Unpaid     Expenses
                                                                                                                             Unpaid 
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>       <C>       <C>       <C>       <C>        <C>       <C>         <C>            <C>          <C>
 1. Prior        xxx       xxx        xxx       xxx       xxx       xxx      0         0             xxx          7316         121
 2. 1987        3333      1160       2173      67.7      39.3     110.2      0         0            50.0           618          59
 3. 1988       18360      6857      11503      82.5      68.4      93.9      0         0            50.0          2091         126
 4. 1989       22647      8647      14000      74.3      61.0      85.8      0         0            58.7          3246         199
 5. 1990       24763      7915      16848      83.0      72.6      89.0      0         0            66.9          6355         249
 6. 1991       29559      5560      23999     114.2      93.3     120.5      0         0            89.7          9514         294
 7. 1992       16152      1975      14177      92.5      87.7      93.1      0         0            91.5          7957         393
 8. 1993       12803      1936      10867     106.7     145.7     101.8      0         0            91.5          7538         636
 9. 1994        9620      1455       8165     124.3     169.8     118.6      0         0            95.7          5623         776
10. 1995        4807       324       4483     106.4     144.6     104.4      0         0           100.0          3417         379
11. 1996        3430       325       3105     103.8     353.3      96.6      0         0           100.0          2615         462
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx       xxx        xxx       xxx       xxx       xxx      0         0             xxx         56290        3694
====================================================================================================================================
</TABLE>


<PAGE>

<TABLE>
<CAPTION>
                                                               PAGE 85

                                                  SCHEDULE P - PART 1H - SECTION 2
                                                    OTHER LIABILITY - CLAIMS MADE

                                                           ($000 Omitted)

====================================================================================================================================
    (1)             PREMIUMS EARNED                             LOSS AND LOSS EXPENSE PAYMENTS                               (12)
  Years in
   which     ------------------------------------------------------------------------------------------------------------ Number of
  Premiums      (2)       (3)       (4)       LOSS PAYMENTS     ALLOCATED LOSS EXPENSE     (9)       (10)       (11)        Claims
Were Earned                                                           PAYMENTS                                            Reported -
 and Losses  Direct and   Ceded     Net      ----------------------------------------- Salvage and  Unallocated Total Net Direct and
    Were      Assumed           (Cols. 2-3)    (5)       (6)     (7)        (8)       Subrogation    Loss        Paid      Assumed
  Incurred                                   Direct and         Direct and              Received    Expense    (Cols. 5-6         
                                              Assumed    Ceded   Assumed    Ceded                  Payments     +7-8 +10)         
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>        <C>       <C>       <C>       <C>       <C>            <C>        <C>        <C>          <C>  
 1. Prior        xxx       xxx        xxx         0         0         0         0              0        0             0        xxx
 2. 1987        9931      2589       7342      1722      1142       617       250              1        0           947        196
 3. 1988       13920      6561       7359      4138      2702      1013       649            296        0          1800        106
 4. 1989       16090      6692       9398      1809       643      3703      2075              2        0          2794        112
 5. 1990       15300      5893       9407      2131       734      1926       821            701        0          2502        152
 6. 1991       12415      3201       9214      1615       260       481       182            125        0          1654        113
 7. 1992        8205       993       7212       635        63       532        52              5        0          1052         70
 8. 1993        6218       422       5796       842        75       361        33             53       23          1118         55
 9. 1994        4583       262       4321      1401       119       356        29            126       18          1627         37
10. 1995        3933       204       3729        35         1        47         1              7       18            98         39
11. 1996        3194        52       3142         2         0       123         0              0        9           134         12
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx       xxx        xxx     14330      5739      9159      4092           1316       68         13726        xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                            LOSSES UNPAID                 ALLOCATED LOSS EXPENSES UNPAID    (21)        (22)       (23)     (24)
          ------------------------------------------------------------------------------- 
                 CASE BASIS             BULK + IBNR         CASE BASIS      BULK + IBNR  SALVAGE &  UNALLOCATED  TOTAL     NUMBER OF
          -------------------------------------------------------------------------------SUBROGATION    LOSS      NET        CLAIMS
             (13)         (14)      (15)        (16)    (17)      (18)    (19)      (20) ANTICIPATED  EXPENSES  LOSSES   OUTSTANDING
         Direct and                 Direct              Direct            Direct                       UNPAID     AND     DIRECT AND
           Assumed       Ceded       and       Ceded     and     Ceded     and     Ceded                        EXPENSES     ASSUMED
                                   Assumed             Assumed           Assumed                                 UNPAID  
-----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>        <C>        <C>      <C>        <C> <C>        <C>        <C>       <C>     <C>          <C>
 1. Prior         0          0          0          0     0          0      0         0          0        0         0           0
 2. 1987        265         57        252         80     0          0     39        22          3        0       397         140
 3. 1988        931        363        640        283     0          0     61        30          9        0       956          31
 4. 1989        344        122       1052        469     0          0     79        41          8        0       843          21
 5. 1990       1280        353       1356        612     0          0     98        50         16        0      1719          23
 6. 1991       1728        217       1776        808     0          0    131        70         24        0      2540          20
 7. 1992        288         24       1888        636     0          0    241        79         15        0      1678          21
 8. 1993        632         53       1490        267     0          0    152        25         18        0      1929          23
 9. 1994        967         88       1694        305     0          0    123        21         22        0      2370          16
10. 1995        198          8       1822        183     0          0    294        27         18        0      2096          26
11. 1996        379          3       2004        204     0          0    320        30         22        1      2467          11
-----------------------------------------------------------------------------------------------------------------------------------
12. TOTALS     7012       1288      13974       3847     0          0   1538       395        155        1     16995         332
===================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
        -------------------------------------------------------------------------------------  Inter-Company -----------------------
               (25)        (26)      (27)      (28)      (29)      (30)     (31)       (32)       Pooling          (34)       (35)  
                                              Direct                                   Loss     Participation                       
          Direct and     Ceded       Net       and      Ceded       Net     Loss      Expense    Percentage       Losses      Loss  
             Assumed                         Assumed                                                              Unpaid    Expenses
                                                                                                                             Unpaid 
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>       <C>        <C>       <C>      <C>        <C>        <C>        <C>       <C>            <C>          <C> 
 1. Prior        xxx       xxx        xxx       xxx       xxx       xxx       0           0          xxx             0           0
 2. 1987        2895      1551       1344      29.2      59.9      18.3       0           0         50.0           380          17
 3. 1988        6783      4027       2756      48.7      61.4      37.5       0           0         50.0           925          31
 4. 1989        6987      3350       3637      43.4      50.1      38.7       0           0         58.9           805          38
 5. 1990        6791      2570       4221      44.4      43.6      44.9       0           0         66.9          1671          48
 6. 1991        5731      1537       4194      46.2      48.0      45.5       0           0         89.7          2479          61
 7. 1992        3584       854       2730      43.7      86.0      37.9       0           0         91.5          1516         162
 8. 1993        3496       449       3047      56.2     106.4      52.6       0           0         91.5          1802         127
 9. 1994        4556       559       3997      99.4     213.4      92.5       0           0         95.7          2268         102
10. 1995        2408       214       2194      61.2     104.9      58.8       0           0        100.0          1829         267
11. 1996        2836       235       2601      88.8     451.9      82.8       0           0        100.0          2176         291
------------------------------------------------------------------------------------------------------------------------------------
12. TOTALS       xxx       xxx        xxx       xxx       xxx       xxx       0           0          xxx         15851        1144
====================================================================================================================================
</TABLE>



<PAGE>


<TABLE>
<CAPTION>
                                                              PAGE 86

                                        SCHEDULE P - PART 1I - SPECIAL PROPERTY (FIRE, ALLIED
                                     LINES, INLAND MARINE, EARTHQUAKE, GLASS, BURGLARY & THEFT)

                                                           ($000 Omitted)

====================================================================================================================================
    (1)             PREMIUMS EARNED                           LOSS AND LOSS EXPENSE PAYMENTS                                (12)
  Years in
   which     ------------------------------------------------------------------------------------------------------------  Number of
  Premiums      (2)       (3)         (4)     LOSS PAYMENTS     ALLOCATED LOSS EXPENSE     (9)       (10)       (11)        Claims
Were Earned                                                           PAYMENTS                                            Reported -
 and Losses  Direct and   Ceded      Net     ----------------------------------------- Salvage and  Unallocated Total Net Direct and
    Were      Assumed           (Cols. 2-3)    (5)       (6)      (7)        (8)       Subrogation    Loss        Paid     Assumed
  Incurred                                  Direct and         Direct and              Received     Expense     (Cols. 5-6         
                                             Assumed    Ceded   Assumed     Ceded                   Payments     +7-8 +10)         
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>       <C>        <C>       <C>       <C>        <C>       <C>        <C>          <C>        <C>            <C>  
1. Prior         xxx       xxx        xxx     13214     12368      1111      1033       260           18          941          xxx
2. 1995        26730     15041      11689     15853      5914       435       122        32          198        10450          xxx
3. 1996         6778      4277       2501      2340       814        82        28         0           20         1600          xxx
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS        xxx       xxx        xxx     31406     19096      1628      1183       292          236        12991          xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                            LOSSES UNPAID                 ALLOCATED LOSS EXPENSES UNPAID    (21)        (22)       (23)     (24)
          ------------------------------------------------------------------------------- 
                 CASE BASIS             BULK + IBNR         CASE BASIS      BULK + IBNR  SALVAGE &  UNALLOCATED TOTAL NET  NUMBER OF
          -------------------------------------------------------------------------------SUBROGATION    LOSS     LOSSES     CLAIMS
             (13)         (14)       (15)        (16)       (17)   (18)    (19)    (20)  ANTICIPATED  EXPENSES    AND    OUTSTANDING
         Direct and                 Direct                 Direct         Direct                       UNPAID   EXPENSES  DIRECT AND
           Assumed       Ceded       and        Ceded       and    Ceded   and     Ceded                         UNPAID     ASSUMED
                                    Assumed               Assumed        Assumed           
-----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>         <C>        <C>          <C>   <C>  <C>        <C>        <C>        <C>    <C>          <C>  
1. Prior       25023      23093       5440       2716         0      0   1579       542        155        0      5691         800
2. 1995          918        199       1703        629         0      0    724        70         62        0      2447          22
3. 1996          957        459        726        275         0      0    137        12         33        2      1076          23
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS      26898      23751       7869       3620         0      0   2440       624        250        2      9214         845
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
        -------------------------------------------------------------------------------------  Inter-Company -----------------------
               (25)        (26)      (27)      (28)      (29)      (30)     (31)       (32)       Pooling         (34)       (35)   
                                                                                       Loss     Participation                       
            Direct and   Ceded       Net   Direct and   Ceded      Net      Loss      Expense    Percentage      Losses      Loss  
             Assumed                         Assumed                                                             Unpaid    Expenses 
                                                                                                                            Unpaid 
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>       <C>        <C>       <C>      <C>           <C>       <C>     <C>             <C>     <C> 
1. Prior         xxx       xxx        xxx       xxx       xxx       xxx         0         0         xxx            4654    1037
2. 1995        19795      6898      12897      74.1      45.9     110.3         0         0       100.0            1793     654
3. 1996         4262      1586       2676      62.9      37.1     107.0         0         0       100.0             949     127
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS        xxx       xxx        xxx       xxx       xxx       xxx         0         0         xxx            7396    1818
====================================================================================================================================
</TABLE>




<PAGE>



<TABLE>
<CAPTION>
                                                              PAGE 87

                                             SCHEDULE P - PART 1J - AUTO PHYSICAL DAMAGE

                                                           ($000 Omitted)
====================================================================================================================================
    (1)             PREMIUMS EARNED                           LOSS AND LOSS EXPENSE PAYMENTS                                (12)
  Years in
   which     ------------------------------------------------------------------------------------------------------------  Number of
  Premiums      (2)       (3)        (4)      LOSS PAYMENTS     ALLOCATED LOSS EXPENSE     (9)       (10)       (11)        Claims
Were Earned                                                           PAYMENTS                                            Reported -
 and Losses  Direct and   Ceded     Net      ----------------------------------------- Salvage and  Unallocated Total Net Direct and
    Were      Assumed           (Cols. 2-3)     (5)       (6)     (7)         (8)      Subrogation    Loss      Paid        Assumed
  Incurred                                   Direct and         Direct and             Received     Expense     (Cols. 5-6         
                                             Assumed     Ceded   Assumed      Ceded                  Payments    +7-8 +10)         
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>       <C>        <C>         <C>       <C>       <C>       <C>       <C>        <C>        <C>           <C>  
1. Prior         xxx       xxx        xxx         0         0         0         0         0           0         0              xxx
2. 1995            1         0          1         3         2         0         0         0           0         1               1
3. 1996            0         0          0         0         0         0         0         0           0         0               0
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS        xxx       xxx        xxx         3         2         0         0         0           0         1              xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                            LOSSES UNPAID                 ALLOCATED LOSS EXPENSES UNPAID    (21)        (22)       (23)     (24)
          ------------------------------------------------------------------------------- 
                 CASE BASIS             BULK + IBNR         CASE BASIS      BULK + IBNR  SALVAGE &  UNALLOCATED TOTAL NET  NUMBER OF
          -------------------------------------------------------------------------------SUBROGATION    LOSS     LOSSES      CLAIMS
              (13)       (14)       (15)      (16)       (17)   (18)     (19)    (20)    ANTICIPATED  EXPENSES    AND    OUTSTANDING
          Direct and               Direct               Direct          Direct                         UNPAID   EXPENSES  DIRECT AND
           Assumed      Ceded       and      Ceded       and    Ceded    and     Ceded                           UNPAID     ASSUMED
                                  Assumed              Assumed         Assumed           
-----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>      <C>          <C>          <C>
1. Prior       0          0          0          0         0      0      0         0          0        0             0           0
2. 1995        0          0          0          0         0      0      0         0          0        0             0           0
3. 1996        0          0          0          0         0      0      0         0          0        0             0           0
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS      0          0          0          0         0      0      0         0          0        0             0           0
====================================================================================================================================
</TABLE>



<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
        -------------------------------------------------------------------------------------  Inter-Company -----------------------
               (25)        (26)       (27)      (28)      (29)     (30)        (31)      (32)      Pooling       (34)          (35) 
              Direct                           Direct                                    Loss    Participation                      
               and        Ceded       Net       and      Ceded      Net        Loss     Expense   Percentage    Losses         Loss 
             Assumed                          Assumed                                                           Unpaid      Expenses
                                                                                                                             Unpaid 
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>       <C>        <C>       <C>      <C>           <C>       <C>     <C>           <C>             <C> 
1. Prior         xxx       xxx        xxx       xxx       xxx       xxx         0         0         xxx         0               0
2. 1995            3         2          1     300.0       0.0     100.0         0         0       100.0         0               0
3. 1996            0         0          0       0.0       0.0       0.0         0         0       100.0         0               0
------------------------------------------------------------------------------------------------------------------------------------
4. TOTALS        xxx       xxx        xxx       xxx       xxx       xxx         0         0         xxx         0               0
====================================================================================================================================
</TABLE>


<PAGE>

                                     PAGE 88

                              SCHEDULE P - PART 1K

                                      NONE



<PAGE>


                                     PAGE 89

                              SCHEDULE P - PART 1L

                                      NONE


<PAGE>



                                     PAGE 90

                              SCHEDULE P - PART 1M

                                      NONE






<PAGE>



<TABLE>
<CAPTION>
                                                                PAGE 91

                                                SCHEDULE P - PART IN - REINSURANCE A

                                                           ($000 OMITTED)

====================================================================================================================================
    (1)             PREMIUMS EARNED                           LOSS AND LOSS EXPENSE PAYMENTS                                (12)
  Years in
   which     ------------------------------------------------------------------------------------------------------------  Number of
  Premiums      (2)       (3)        (4)      LOSS PAYMENTS     ALLOCATED LOSS EXPENSE     (9)        (10)       (11)       Claims
Were Earned                                                           PAYMENTS                                            Reported -
 and Losses  Direct and   Ceded     Net      ----------------------------------------- Salvage and  Unallocated Total Net Direct and
    Were      Assumed           (Cols. 2-3)     (5)       (6)       (7)        (8)     Subrogation    Loss       Paid        Assumed
  Incurred                                   Direct and          Direct and            Received      Expense   (Cols. 5-6         
                                              Assumed    Ceded    Assumed     Ceded                 Payments    +7-8 +10)         
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>       <C>        <C>         <C>       <C>       <C>       <C>       <C>        <C>        <C>            <C>  
1. 1988            0         0          0         0         0         0         0         0           0         0              xxx
2. 1989            0         0          0         0         0         0         0         0           0         0              xxx
3. 1990            0         0          0         0         0         0         0         0           0         0              xxx
4. 1991            0         0          0         0         0         0         0         0           0         0              xxx
5. 1992            0         0          0         0         0         0         0         0           0         0              xxx
6. 1993            0         0          0         0         0         0         0         0           0         0              xxx
7. 1994           25         0         25         0         0         0         0         0           0         0              xxx
8. 1995          110         1        109         0         0         0         0         0           0         0              xxx
9. 1996          282         2        280         0         0         0         0         0           0         0              xxx
------------------------------------------------------------------------------------------------------------------------------------
10. TOTALS       xxx       xxx        xxx         0         0         0         0         0           0         0              xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                            LOSSES UNPAID                 ALLOCATED LOSS EXPENSES UNPAID    (21)        (22)       (23)     (24)
          ------------------------------------------------------------------------------- 
                 CASE BASIS             BULK + IBNR         CASE BASIS      BULK + IBNR  SALVAGE &  UNALLOCATED TOTAL NET  NUMBER OF
          -------------------------------------------------------------------------------SUBROGATION   LOSS      LOSSES     CLAIMS
             (13)        (14)      (15)        (16)      (17)    (18)    (19)      (20) ANTICIPATED  EXPENSES     AND    OUTSTANDING
         Direct and                                     Direct           Direct                       UNPAID   EXPENSES   DIRECT AND
           Assumed      Ceded    Direct and   Ceded      and     Ceded    and     Ceded                         UNPAID      ASSUMED
                                  Assumed              Assumed          Assumed           
-----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>        <C>        <C>       <C>    <C>        <C>        <C>     <C>      <C>       <C>       <C>  
1. 1988        0          0          0          0         0      0          0          0       0        0         0         xxx
2. 1989        0          0          0          0         0      0          0          0       0        0         0         xxx
3. 1990        0          0          0          0         0      0          0          0       0        0         0         xxx
4. 1991        0          0          0          0         0      0          0          0       0        0         0         xxx
5. 1992        0          0          0          0         0      0          0          0       0        0         0         xxx
6. 1993        0          0          0          0         0      0          0          0       0        0         0         xxx
7. 1994        0          0          0          0         0      0          0          0       0        0         0         xxx
8. 1995        0          0          0          0         0      0          0          0       0        0         0         xxx
9. 1996        0          0          0          0         0      0          0          0       0        0         0         xxx
------------------------------------------------------------------------------------------------------------------------------------
10. TOTALS     0          0          0          0         0      0          0          0       0        0         0         xxx
====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
====================================================================================================================================
                    TOTAL LOSSES AND                 LOSS AND                   NONTABULAR                      NET BALANCE SHEET  
                 LOSS EXPENSES INCURRED       LOSS EXPENSE PERCENTAGE            DISCOUNT                    RESERVES AFTER DISCOUNT
                                             (Incurred/Premiums Earned)                             (33)                
        -------------------------------------------------------------------------------------  Inter-Company -----------------------
                (25)       (26)       (27)      (28)      (29)      (30)      (31)     (32)       Pooling         (34)       (35)   
               Direct                          Direct                                  Loss     Participation                       
                and       Ceded       Net       and      Ceded       Net      Loss    Expense   Percentage       Losses       Loss  
              Assumed                         Assumed                                                            Unpaid     Expenses
                                                                                                                             Unpaid 
------------------------------------------------------------------------------------------------------------------------------------
<S>                <C>       <C>        <C>     <C>       <C>       <C>       <C>       <C>        <C>          <C>            <C> 
1. 1988            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
2. 1989            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
3. 1990            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
4. 1991            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
5. 1992            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
6. 1993            0         0          0       0.0       0.0       0.0         0         0          0.0         0             0
7. 1994            0         0          0       0.0       0.0       0.0         0         0        100.0         0             0
8. 1995            0         0          0       0.0       0.0       0.0         0         0        100.0         0             0
9. 1996            0         0          0       0.0       0.0       0.0         0         0        100.0         0             0
------------------------------------------------------------------------------------------------------------------------------------
10. TOTALS       xxx       xxx        xxx       xxx       xxx       xxx       xxx       xxx          xxx         0             0
====================================================================================================================================
</TABLE>




<PAGE>

                                     PAGE 92

                              SCHEDULE P - PART 1O

                                      NONE


<PAGE>



                                     PAGE 93

                              SCHEDULE P - PART 1P

                                      NONE


<PAGE>



                                     PAGE 94

                              SCHEDULE P - PART 1Q

                                      NONE

<PAGE>




                                     PAGE 95

                        SCHEDULE P - PART 1R - Section 1

                                      NONE



<PAGE>


                                     PAGE 96

                        SCHEDULE P - PART 1R - Section 2

                                      NONE


<PAGE>



                                     PAGE 97

                              SCHEDULE P - PART 1S

                                      NONE


<PAGE>



                                     PAGE 98

                  SCHEDULE P - PART 2A - HOMEOWNERS/FARMOWNERS

                                      NONE

                              SCHEDULE P - PART 2B
                    PRIVATE PASSENGER AUTO LIABILITY/MEDICAL

                                      NONE


<TABLE>
<CAPTION>
                                                        SCHEDULE P - PART 2C
                                               COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL

====================================================================================================================================
    (1)                  INCURRED LOSSES AND ALLOCATED EXPENSES REPORTED AT YEAR END ($000 OMITTED)                 DEVELOPMENT
  Years in
   Which
Losses Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                (2)         (3)        (4)        (5)       (6)    (7)    (8)       (9)       (10)      (11)         (12)     (13)

                1987       1988       1989       1990      1991   1992   1993      1994      1995      1996      One Year   Two Year
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>       <C>          <C>     <C> 
 1. Prior          0          0          0          0         0      0      0         0          0        0             0       0
 2. 1987           0          0          0          0         0      0      0         0          0        0             0       0
 3. 1988         xxx          0          0          0         0      0      0         0          0        0             0       0
 4. 1989         xxx        xxx          0          0         0      0      0         0          0        0             0       0
 5. 1990         xxx        xxx        xxx          0         0      0      0         0          0        0             0       0
 6. 1991         xxx        xxx        xxx        xxx         0      0      0         0          0        0             0       0
 7. 1992         xxx        xxx        xxx        xxx       xxx      0      0         0          0        0             0       0
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx      0         0          0        0             0       0
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx         0          0        0             0       0
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx         37       24           (13)    xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx        2           xxx     xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS           (13)      0
====================================================================================================================================
</TABLE>


<PAGE>

                  SCHEDULE P - PART 2D - WORKERS' COMPENSATION

                                      NONE

                SCHEDULE P - PART 2E - COMMERCIAL MULTIPLE PERIL

                                      NONE


<PAGE>



                                     PAGE 99

                        SCHEDULE P - PART 2F - SECTION 1
                        MEDICAL MALPRACTICE - OCCURRENCE

                                      NONE





                        SCHEDULE P - PART 1F - SECTION 2
                              MEDICAL MALPRACTICE -
                                   CLAIMS-MADE

                                      NONE



<TABLE>
<CAPTION>
                                              SCHEDULE P - PART 2G - SPECIAL LIABILITY
                                                (OCEAN MARINE, AIRCRAFT (ALL PERILS),
                                                        BOILER AND MACHINERY)


====================================================================================================================================
    (1)                   INCURRED LOSSES AND ALLOCATED EXPENSES REPORTED AT YEAR END ($000 OMITTED)                 DEVELOPMENT
  Years in
   Which
Losses Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                (2)         (3)        (4)        (5)       (6)    (7)    (8)       (9)       (10)      (11)       (12)       (13)

                1987       1988       1989       1990      1991   1992   1993      1994      1995      1996      One Year   Two Year
------------------------------------------------------------------------------------------------------------------------------------
<C>            <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>      <C>        <C>       <C> 
 1. Prior      41335      39420      38710      36764     36516  33180  30051     26928      25765    25389        (376)    (1539)
 2. 1987       32328      30314      28816      27985     27441  27451  27328     26235      25496    24870        (626)    (1365)
 3. 1988         xxx      29417      28783      28755     28726  28548  28179     26708      26460    26679         219       (29)
 4. 1989         xxx        xxx      27432      28864     32921  33399  34410     33157      33756    33640        (116)      483
 5. 1990         xxx        xxx        xxx      23560     22663  25224  25219     25952      24621    24769         148     (1183)
 6. 1991         xxx        xxx        xxx        xxx     20396  20130  21867     19201      17859    17226        (633)    (1975)
 7. 1992         xxx        xxx        xxx        xxx       xxx  24000  23447     21007      20515    20509          (6)     (498)
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx  34720     32498      32593    30094       (2499)    (2404)
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx     45604      44788    41388       (3400)    (4216)
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx      56863    48119       (8744)      xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx    63413         xxx       xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS      (16033)   (12726)
====================================================================================================================================

<CAPTION>
                                                  SCHEDULE P - PART 2H - SECTION 1
                                                    OTHER LIABILITY - OCCURRENCE
====================================================================================================================================
<C>             <C>        <C>       <C>        <C>       <C>    <C>    <C>       <C>        <C>     <C>          <C>       <C> 
 1. Prior       5758       5789       5717       5530      4724   4733   5107      6634       7360    10201        2841      3567
 2. 1987        1630       3614       3085       3282      2275   2354   2613      2199       2105     2173          68       (26)
 3. 1988         xxx       7589       7935       9442     10940  10998  11034     11249      11278    11503         225       254
 4. 1989         xxx        xxx      13135      12692     12877  13859  14138     14888      14792    14000        (792)     (888)
 5. 1990         xxx        xxx        xxx      13267     13545  14918  16148     17082      16932    16848         (84)     (234)
 6. 1991         xxx        xxx        xxx        xxx     15891  17084  18229     21968      23002    23999         997      2031
 7. 1992         xxx        xxx        xxx        xxx       xxx  14934  13605     13214      13269    14177         908       963
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx  10653      9823       9759    10811        1052       988
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx      6665       6850     8053        1203      1388
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx       4956     4470        (486)      xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx     3093         xxx       xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS        5932      8043
====================================================================================================================================

<CAPTION>
                                                  SCHEDULE P - PART 2H - SECTION 2
                                                    OTHER LIABILITY - CLAIMS-MADE

====================================================================================================================================
<S>             <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>      <C>          <C>     <C>  
 1. Prior          0          0          0          0         0      0      0         0          0        0           0       0
 2. 1987        5885       3469       3766       2734      2314   1413   1364      1480       1420     1344         (76)    (136)
 3. 1988         xxx       7922       7225       4740      3978   3735   2933      3031       2878     2756        (122)    (275)
 4. 1989         xxx        xxx       7069       5706      5760   5683   4556      3979       3857     3637        (220)    (342)
 5. 1990         xxx        xxx        xxx       7126      5868   4697   3768      4788       4558     4221        (337)    (567)
 6. 1991         xxx        xxx        xxx        xxx      6302   4570   4179      3734       3726     4194         468      460
 7. 1992         xxx        xxx        xxx        xxx       xxx   5206   4867      4423       3536     2730        (806)   (1693)
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx   3314      3578       3366     3024        (342)    (554)
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx      2877       3530     3979         449     1102
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx       2820     2176        (644)     xxx
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx     2591         xxx      xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS       (1630)   (2005)
====================================================================================================================================
</TABLE>


<PAGE>
                                    PAGE 100



<TABLE>
<CAPTION>
                                           SCHEDULE P - PART 2I - SPECIAL PROPERTY (FIRE,
                                              ALLIED LINES, INLAND MARINE, EARTHQUAKE,
                                                     GLASS, BURGLARY,AND THEFT)

====================================================================================================================================
    (1)                 INCURRED LOSSES AND ALLOCATED EXPENSES REPORTED AT YEAR END ($000 OMITTED)                    DEVELOPMENT
  Years in
   Which
Losses Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                (2)         (3)        (4)        (5)       (6)    (7)    (8)       (9)       (10)      (11)         (12)     (13)

                1987       1988       1989       1990      1991   1992   1993      1994      1995      1996      One Year  Two Year
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>        <C>        <C>        <C>       <C>    <C>    <C>     <C>        <C>      <C>           <C>     <C> 
1. Prior         xxx        xxx        xxx        xxx       xxx    xxx    xxx     14152      12620     9641         (2979)  (4511)
2. 1995          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx      10943    12699          1756     xxx
3. 1996          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx     2654           xxx     xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                 4.  TOTALS         (1223)  (4511)
====================================================================================================================================

<CAPTION>
                                             SCHEDULE P - PART 2J - AUTO PHYSICAL DAMAGE

====================================================================================================================================
<S>              <C>        <C>        <C>        <C>       <C>    <C>    <C>     <C>        <C>      <C>           <C>     <C> 
1. Prior         xxx        xxx        xxx        xxx       xxx    xxx    xxx         0          0        0             0       0
2. 1995          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx          1        1             0     xxx
3. 1996          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx        0           xxx     xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                 4.  TOTALS             0       0
====================================================================================================================================
</TABLE>


                     SCHEDULE P - PART 2K - FIDELITY, SURETY

                                      NONE

                          SCHEDULE P - PART 2L - OTHER
                     (Including Credit, Accident and Health)

                                      NONE

                      SCHEDULE P - PART 2M - INTERNATIONAL

                                      NONE



<PAGE>


<TABLE>
<CAPTION>
                                                              PAGE 101

                                                SCHEDULE P - PART 2N - REINSURANCE A

====================================================================================================================================
    (1)                               INCURRED LOSSES AND ALLOCATED EXPENSES REPORTED AT YEAR END ($000 OMITTED)     DEVELOPMENT
  Years in
   Which
Losses Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                (2)         (3)        (4)        (5)       (6)    (7)    (8)       (9)       (10)      (11)       (12)      (13)

                1987       1988       1989       1990      1991   1992   1993      1994      1995      1996      One Year  Two Year
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>        <C>        <C>        <C>       <C>    <C>    <C>      <C>        <C>         <C>      <C>       <C> 
1. 1988          xxx          0          0          0         0      0      0         0          0        0          0          0
2. 1989          xxx        xxx          0          0         0      0      0         0          0        0          0          0
3. 1990          xxx        xxx        xxx          0         0      0      0         0          0        0          0          0
4. 1991          xxx        xxx        xxx        xxx         0      0      0         0          0        0          0          0
5. 1992          xxx        xxx        xxx        xxx       xxx      0      0         0          0        0          0          0
6. 1993          xxx        xxx        xxx        xxx       xxx    xxx      0         0          0        0          0          0
7. 1994          xxx        xxx        xxx        xxx       xxx    xxx    xxx         0          0        0          0          0
8. 1995          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx          0        0          0        xxx
9. 1996          xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx        0        xxx        xxx
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                12.  TOTALS          0          0
====================================================================================================================================
</TABLE>



                      SCHEDULE P - PART 2O - REINSURANCE B

                                      NONE

                      SCHEDULE P - PART 2P - REINSURANCE C

                                      NONE

                      SCHEDULE P - PART 2Q - REINSURANCE D

                                      NONE



<PAGE>



                                    PAGE 102

                        SCHEDULE P - PART 2R - Section 1

                                      NONE

                        SCHEDULE P - PART 2R - Section 2

                                      NONE

                              SCHEDULE P - PART 2S

                                      NONE


<PAGE>


                                    PAGE 103

                  SCHEDULE P - PART 3A - HOMEOWNERS/FARMOWNERS

                                      NONE


         SCHEDULE P - PART 3B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL

                                      NONE




<TABLE>
<CAPTION>
                                                        SCHEDULE P - PART 3C
                                               COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL


====================================================================================================================================
   (1)                  CUMULATIVE PAID LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)                  (12)       (13)

 Year in  
  Which                                                                                                        Number of   Number of
 Losses    -------------------------------------------------------------------------------------------------     Claims      Claims 
  Were           (2)        (3)        (4)        (5)       (6)   (7)     (8)      (9)        (10)    (11)    Closed With    Closed 
Incurred                                                                                                          Loss      Without 
                                                                                                                Payment       Loss  
                1987       1988       1989       1990      1991   1992   1993      1994       1995    1996                  Payment 
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>        <C>        <C>        <C>       <C>    <C>    <C>       <C>        <C>       <C>      <C>           <C>
                                                                                                                            
 1. Prior        000          0          0          0         0      0      0         0          0        0        0            0
 2. 1987           0          0          0          0         0      0      0         0          0        0        0            0
 3. 1988         xxx          0          0          0         0      0      0         0          0        0        0            0
 4. 1989         xxx        xxx          0          0         0      0      0         0          0        0        0            0
 5. 1990         xxx        xxx        xxx          0         0      0      0         0          0        0        0            0
 6. 1991         xxx        xxx        xxx        xxx         0      0      0         0          0        0        0            0
 7. 1992         xxx        xxx        xxx        xxx       xxx      0      0         0          0        0        0            0
 8. 1993         xxx        xxx        xxx        xxx       xxx    xxx      0         0          0        0        0            0
 9. 1994         xxx        xxx        xxx        xxx       xxx    xxx    xxx         0          0        0        0            0
10. 1995         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx          9        9        3            1
11. 1996         xxx        xxx        xxx        xxx       xxx    xxx    xxx       xxx        xxx        2        1            0
====================================================================================================================================
</TABLE>



                  SCHEDULE P - PART 3D - WORKERS' COMPENSATION

                                      NONE

                SCHEDULE P - PART 3E - COMMERCIAL MULTIPLE PERIL

                                      NONE
<PAGE>

                                    PAGE 104

                        SCHEDULE P - PART 3F - Section 1
                        MEDICAL MALPRACTICE - OCCURRENCE

                                      NONE

                        SCHEDULE P - PART 3F - Section 2
                       MEDICAL MALPRACTICE - CLAIMS-MADE

                                      NONE




<TABLE>
<CAPTION>
                                              SCHEDULE P - PART 3G - SPECIAL LIABILITY
                                                (OCEAN MARINE, AIRCRAFT (ALL PERILS),
                                                        BOILER AND MACHINERY)

====================================================================================================================================
   (1)               CUMULATIVE PAID LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)                (12)           (13)
                                                                                           
 Year in                                                                                                  Number of       Number of 
  Which      ----------------------------------------------------------------------------------------       Claims         Claims
 Losses       (2)     (3)      (4)      (5)      (6)      (7)     (8)       (9)      (10)      (11)         Closed         Closed
  Were                                                                                                    With Loss     Without Loss
Incurred     1987    1988     1989     1990     1991     1992    1993      1994      1995      1996        Payment         Payment
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. Prior     000    7193    13309    16131    19112    19172    19974     21117    22139     22569           xxx            xxx
 2. 1987     4128    9436    13044    15759    18807    19620    21736     22556    23941     23764           xxx            xxx
 3. 1988      xxx    4257    10158    14543    18316    19873    21003     23224    24184     25194           xxx            xxx
 4. 1989      xxx     xxx     4687    13043    18129    21312    25434     27928    29299     30676           xxx            xxx
 5. 1990      xxx     xxx      xxx     1188     6363    10243    14125     18219    19797     20804           xxx            xxx
 6. 1991      xxx     xxx      xxx      xxx     1933     4862     9849     11471    12863     14249           xxx            xxx
 7. 1992      xxx     xxx      xxx      xxx      xxx     1781     6642      9583    12285     14372           xxx            xxx
 8. 1993      xxx     xxx      xxx      xxx      xxx      xxx     4093     12546    17525     20223           xxx            xxx
 9. 1994      xxx     xxx      xxx      xxx      xxx      xxx      xxx      7897    16212     20381           xxx            xxx
10. 1995      xxx     xxx      xxx      xxx      xxx      xxx      xxx       xxx     6667     13978           xxx            xxx
11. 1996      xxx     xxx      xxx      xxx      xxx      xxx      xxx       xxx      xxx     13287           xxx            xxx
====================================================================================================================================
                                                                                           
                                                                                           
                                                                                           
<CAPTION>
                                                  SCHEDULE P - PART 3H - SECTION 1
                                                    OTHER LIABILITY - OCCURRENCE
                                                                                           
                                                                                           
====================================================================================================================================
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. Prior     000     275      454      612      879       36      623      1492     1942      2764            61            192
 2. 1987        0       5      107      179      253      160      523       751     1399      1496            38            147
 3. 1988      xxx      12      735     1117     3301     4082     5432      7151     8797      9286           355            309
 4. 1989      xxx     xxx       39      222     1101     1733     4631      7689     9440     10555           421            276
 5. 1990      xxx     xxx      xxx       41      332      313     3833      6630     8410     10244           289            367
 6. 1991      xxx     xxx      xxx      xxx       56     (215)    2985      7392    10285     14191           281            378
 7. 1992      xxx     xxx      xxx      xxx      xxx     (100)     712      1282     3597      5827           161            254
 8. 1993      xxx     xxx      xxx      xxx      xxx      xxx       20       169      841      2637            64             81
 9. 1994      xxx     xxx      xxx      xxx      xxx      xxx      xxx        42      175      1654            32             48
10. 1995      xxx     xxx      xxx      xxx      xxx      xxx      xxx       xxx      438       674            36              8
11. 1996      xxx     xxx      xxx      xxx      xxx      xxx      xxx       xxx      xxx        18             3              2
====================================================================================================================================


<CAPTION>
                                                  SCHEDULE P - PART 3H - SECTION 2
                                                    OTHER LIABILITY - CLAIMS MADE


====================================================================================================================================
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. Prior    000       0       0        0        0         0        0         0        0         0              0              0
 2. 1987       0       0     251      303      339       502      662       713      920       947             17             90
 3. 1988     xxx       1       2      137      796      1408     1604      1774     1531      1800             32             43
 4. 1989     xxx     xxx       0       45      573      2094     2486      2764     2788      2794             36             55
 5. 1990     xxx     xxx     xxx       13       81       401      920      1058     1762      2502             36             93
 6. 1991     xxx     xxx     xxx      xxx        4       175      621      1259     1397      1654             26             67
 7. 1992     xxx     xxx     xxx      xxx      xxx        55      349       974     1016      1052             20             29
 8. 1993     xxx     xxx     xxx      xxx      xxx       xxx        9       456      997      1095             23              9
 9. 1994     xxx     xxx     xxx      xxx      xxx       xxx      xxx         8      513      1609             10             11
10. 1995     xxx     xxx     xxx      xxx      xxx       xxx      xxx       xxx       30        80              5              8
11. 1996     xxx     xxx     xxx      xxx      xxx       xxx      xxx       xxx      xxx       125              1              0
====================================================================================================================================
</TABLE>


<PAGE>


                                                              PAGE 105


<TABLE>
<CAPTION>
                                            SCHEDULE P - PART 3I - SPECIAL PROPERTY (FIRE
                                              ALLIED LINES, INLAND MARINE, EARTHQUAKE,
                                                     GLASS, BURGLARY, AND THEFT)



====================================================================================================================================
   (1)               CUMULATIVE PAID LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)                (12)           (13)
                                                                                           
 Year in                                                                                                  Number of       Number of 
  Which      ----------------------------------------------------------------------------------------       Claims         Claims
 Losses       (2)     (3)      (4)      (5)      (6)      (7)     (8)       (9)      (10)      (11)         Closed         Closed
  Were                                                                                                    With Loss     Without Loss
Incurred     1987    1988     1989     1990     1991     1992    1993      1994      1995      1996        Payment         Payment
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. Prior    xxx     xxx     xxx      xxx      xxx      xxx      xxx       000      3024       3948           xxx            xxx
 2. 1995     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx      2899      10252           xxx            xxx
 3. 1996     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx       xxx       1580           xxx            xxx
====================================================================================================================================


<CAPTION>
                                             SCHEDULE P - PART 3J - AUTO PHYSICAL DAMAGE


====================================================================================================================================
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. Prior    xxx     xxx     xxx      xxx      xxx      xxx      xxx       000         0          0             0              0
 2. 1995     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx         1          1             1              0
 3. 1996     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx       xxx          0             0              0
====================================================================================================================================
</TABLE>



                     SCHEDULE P - PART 3K - FIDELITY/SENTRY

                                      NONE

                          SCHEDULE P - PART 3L - OTHER
                     (Including Credit, Accident and Health)

                                      NONE

                      SCHEDULE P - PART 3M - International

                                      NONE

<PAGE>
                                    PAGE 106


<TABLE>
<CAPTION>
                                                SCHEDULE P - PART 3N - REINSURANCE A


====================================================================================================================================
   (1)               CUMULATIVE PAID LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)                (12)           (13)
                                                                                           
 Year in                                                                                                  Number of       Number of 
  Which      ----------------------------------------------------------------------------------------       Claims         Claims
 Losses       (2)     (3)      (4)      (5)      (6)      (7)     (8)       (9)      (10)      (11)         Closed         Closed
  Were                                                                                                    With Loss     Without Loss
Incurred     1987    1988     1989     1990     1991     1992    1993      1994      1995      1996        Payment         Payment
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>     <C>      <C>      <C>      <C>      <C>       <C>      <C>       <C>             <C>            <C>
 1. 1988     xxx       0       0        0        0        0        0         0        0       0               xxx            xxx
 2. 1989     xxx     xxx       0        0        0        0        0         0        0       0               xxx            xxx
 3. 1990     xxx     xxx     xxx        0        0        0        0         0        0       0               xxx            xxx
 4. 1991     xxx     xxx     xxx      xxx        0        0        0         0        0       0               xxx            xxx
 5. 1992     xxx     xxx     xxx      xxx      xxx        0        0         0        0       0               xxx            xxx
 6. 1993     xxx     xxx     xxx      xxx      xxx      xxx        0         0        0       0               xxx            xxx
 7. 1994     xxx     xxx     xxx      xxx      xxx      xxx      xxx         0        0       0               xxx            xxx
 8. 1995     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx        0       0               xxx            xxx
 9. 1996     xxx     xxx     xxx      xxx      xxx      xxx      xxx       xxx      xxx       0               xxx            xxx
====================================================================================================================================
</TABLE>




                      SCHEDULE P - PART 3O - REINSURANCE B

                                      NONE


                      SCHEDULE P - PART 3P - REINSURANCE C

                                      NONE


                      SCHEDULE P - PART 3Q - REINSURANCE D

                                      NONE

<PAGE>

                                    PAGE 107


                        SCHEDULE P - PART 3R - SECTION 1

                                      NONE


                        SCHEDULE P - PART 3R - SECTION 2

                                      NONE


                              SCHEDULE P - PART 3S

                                      NONE

<PAGE>

                                    PAGE 108


                  SCHEDULE P - PART 4A - HOMEOWNERS/FARMOWNERS

                                      NONE


         SCHEDULE P - PART 4B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL

                                      NONE



<TABLE>
<CAPTION>

                                                        SCHEDULE P - PART 4C
                                               COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL

====================================================================================================================================
    (1)               BULK AND INCURRED BUT NOT REPORTED RESERVES ON LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)

  Years in
   Which
Losses Were
  Incurred
              ----------------------------------------------------------------------------------------------------------------------
               (2)          (3)          (4)          (5)          (6)         (7)         (8)          (9)         (10)      (11)

              1987         1988         1989         1990         1991        1992        1993         1994         1995      1996
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>          <C>          <C>          <C>          <C>         <C>         <C>          <C>        <C>          <C>
 1. Prior        0            0            0            0            0           0           0            0            0         0
 2. 1987         0            0            0            0            0           0           0            0            0         0
 3. 1988       xxx            0            0            0            0           0           0            0            0         0
 4. 1989       xxx          xxx            0            0            0           0           0            0            0         0
 5. 1990       xxx          xxx          xxx            0            0           0           0            0            0         0
 6. 1991       xxx          xxx          xxx          xxx            0           0           0            0            0         0
 7. 1992       xxx          xxx          xxx          xxx          xxx           0           0            0            0         0
 8. 1993       xxx          xxx          xxx          xxx          xxx         xxx           0            0            0         0
 9. 1994       xxx          xxx          xxx          xxx          xxx         xxx         xxx            0            0         0
10. 1995       xxx          xxx          xxx          xxx          xxx         xxx         xxx          xxx           25        15
11. 1996       xxx          xxx          xxx          xxx          xxx         xxx         xxx          xxx          xxx         0
====================================================================================================================================
</TABLE>



                  SCHEDULE P - PART 4D - WORKERS' COMPENSATION

                                      NONE

                SCHEDULE P - PART 4E - COMMERCIAL MULTIPLE PERIL

                                      NONE
<PAGE>

                                    PAGE 109

                        SCHEDULE P - PART 4F - SECTION 1
                        MEDICAL MALPRACTICE - OCCURRENCE

                                      NONE


                        SCHEDULE P - PART 4F - SECTION 2
                        MEDICAL MALPRACTICE -CLAIMS-MADE

                                      NONE



<TABLE>
<CAPTION>

                                              SCHEDULE P - PART 4G - SPECIAL LIABILITY
                                                (OCEAN MARINE, AIRCRAFT (ALL PERILS),
                                                        BOILER AND MACHINERY)

====================================================================================================================================
    (1)                 BULK AND INCURRED BUT NOT REPORTED RESERVES ON LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)

  Years in
   Which
Losses Were
  Incurred
           -------------------------------------------------------------------------------------------------------------------------
                 (2)        (3)          (4)         (5)          (6)         (7)          (8)        (9)          (10)        (11)

                1987       1988         1989        1990         1991        1992         1993        1994         1995        1996
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>         <C>          <C>         <C>          <C>         <C>          <C>         <C>          <C>         <C>
 1. Prior      18095       12218         8562        5625         3792        2514         1460         582          485         650
 2. 1987       21723       12431         7876        4882         2901        1600         1000         393          317         229
 3. 1988         xxx       17241        10033        5446         3382        2108         1374         781          499         348
 4. 1989         xxx         xxx        16022        8493         4840        3132         2089        1349          982         746
 5. 1990         xxx         xxx          xxx       16059         8978        5512         3984        2382         1707        1199
 6. 1991         xxx         xxx          xxx         xxx        12294        9238         6650        4330         3028        2099
 7. 1992         xxx         xxx          xxx         xxx          xxx       18114        11250        7551         5441        3691
 8. 1993         xxx         xxx          xxx         xxx          xxx         xxx        23771       14120        10131        7170
 9. 1994         xxx         xxx          xxx         xxx          xxx         xxx          xxx       30864        21693       14830
10. 1995         xxx         xxx          xxx         xxx          xxx         xxx          xxx         xxx        42478       29027
11. 1996         xxx         xxx          xxx         xxx          xxx         xxx          xxx         xxx          xxx       39947
====================================================================================================================================
          
<CAPTION>

                                                  SCHEDULE P - PART 4H - SECTION 1
                                                    OTHER LIABILITY - OCCURRENCE

------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>         <C>         <C>          <C>          <C>         <C>           <C>         <C>          <C>        <C>
 1. Prior       4051        3636         3249         2365         1218         968          729        1430         1819       3138
 2. 1987        1579        3288         2848         2840         1982        1667         1303         651          473        347
 3. 1988         xxx        6824         5023         5353         3901        3644         2965        1944         1401       1068
 4. 1989         xxx         xxx        11967         9390         6440        5509         4456        3769         3182       2290
 5. 1990         xxx         xxx          xxx        12350        10020        8344         6754        5495         4734       3403
 6. 1991         xxx         xxx          xxx          xxx        14040       11686         8350        7474         7263       5864
 7. 1992         xxx         xxx          xxx          xxx          xxx       13717        10061        7397         6087       5415
 8. 1993         xxx         xxx          xxx          xxx          xxx         xxx         9575        6742         5858       4511
 9. 1994         xxx         xxx          xxx          xxx          xxx         xxx          xxx        6240         4489       3493
10. 1995         xxx         xxx          xxx          xxx          xxx         xxx          xxx         xxx         3917       2609
11. 1996         xxx         xxx          xxx          xxx          xxx         xxx          xxx         xxx          xxx       2923
====================================================================================================================================

<CAPTION>
                                                  SCHEDULE P - PART 4H - SECTION 2
                                                    OTHER LIABILITY -CLAIMS-MADE

------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>         <C>          <C>         <C>          <C>         <C>          <C>         <C>          <C>         <C>
 1. Prior          0           0            0           0            0           0            0           0            0           0
 2. 1987        5804        3314         2999        1737         1022         586          379         234          237         189
 3. 1988         xxx        7398         6500        3278         2318        1326          842         533          533         388
 4. 1989         xxx         xxx         6541        4189         3326        1904         1317         855          847         621
 5. 1990         xxx         xxx          xxx        6600         5006        2866         2002        1317         1117         792
 6. 1991         xxx         xxx          xxx         xxx         5743        3288         2627        1721         1403        1029
 7. 1992         xxx         xxx          xxx         xxx          xxx        4680         3340        2400         2012        1414
 8. 1993         xxx         xxx          xxx         xxx          xxx         xxx         3213        2137         1744        1350
 9. 1994         xxx         xxx          xxx         xxx          xxx         xxx          xxx        2213         1816        1491
10. 1995         xxx         xxx          xxx         xxx          xxx         xxx          xxx         xxx         2465        1906
11. 1996         xxx         xxx          xxx         xxx          xxx         xxx          xxx         xxx          xxx        2090
====================================================================================================================================
</TABLE>

<PAGE>

                                                              PAGE 110


<TABLE>
<CAPTION>
                                            SCHEDULE P - PART 4I - SPECIAL PROPERTY (FIRE
                                              ALLIED LINES, INLAND MARINE, EARTHQUAKE,
                                                     GLASS, BURGLARY AND THEFT)

===================================================================================================================================
        (1)           BULK AND INCURRED BUT NOT REPORTED RESERVES ON LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)

      Years in
       Which
    Losses Were
      Incurred
                -------------------------------------------------------------------------------------------------------------------
                   (2)        (3)        (4)          (5)        (6)          (7)        (8)        (9)         (10)        (11)

                  1987       1988       1989         1990       1991         1992       1993       1994         1995        1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>               <C>        <C>        <C>          <C>        <C>          <C>        <C>        <C>              <C>        <C>
 1. Prior         xxx        xxx        xxx          xxx        xxx          xxx        xxx       5515              3641       3761
 2. 1995          xxx        xxx        xxx          xxx        xxx          xxx        xxx        xxx              3147       1728
 3. 1996          xxx        xxx        xxx          xxx        xxx          xxx        xxx        xxx               xxx        576
===================================================================================================================================

<CAPTION>
                                             SCHEDULE P - PART 4J - AUTO PHYSICAL DAMAGE

-----------------------------------------------------------------------------------------------------------------------------------
<S>               <C>        <C>        <C>          <C>        <C>          <C>        <C>        <C>              <C>         <C>
 1. Prior         xxx        xxx        xxx          xxx        xxx          xxx        xxx          0                 0          0
 2. 1995          xxx        xxx        xxx          xxx        xxx          xxx        xxx        xxx                 0          0
 3. 1996          xxx        xxx        xxx          xxx        xxx          xxx        xxx        xxx               xxx          0
===================================================================================================================================
</TABLE>



                     SCHEDULE P - PART 4K - FIDELITY/SURETY

                                      NONE


                          SCHEDULE P - PART 4L - OTHER
                     (INCLUDING CREDIT, ACCIDENT AND HEALTH)

                                      NONE


                      SCHEDULE P - PART 4M - INTERNATIONAL

                                      NONE


<PAGE>


                                    PAGE 111


<TABLE>
<CAPTION>

                                                SCHEDULE P - PART 4N - REINSURANCE A

====================================================================================================================================
    (1)                 BULK AND INCURRED BUT NOT REPORTED RESERVES ON LOSSES AND ALLOCATED EXPENSES AT YEAR END ($000 OMITTED)

  Years in
   Which
Losses Were
  Incurred
              ---------------------------------------------------------------------------------------------------------------------
                  (2)         (3)           (4)         (5)         (6)         (7)         (8)           (9)      (10)       (11)
                 
                 1987        1988          1989        1990        1991        1992        1993          1994      1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>              <C>        <C>           <C>          <C>         <C>         <C>         <C>            <C>       <C>       <C>
 1. 1988         xxx          0             0            0           0           0           0              0        0        0
 2. 1989         xxx        xxx             0            0           0           0           0              0        0        0
 3. 1990         xxx        xxx           xxx            0           0           0           0              0        0        0
 4. 1991         xxx        xxx           xxx          xxx           0           0           0              0        0        0
 5. 1992         xxx        xxx           xxx          xxx         xxx           0           0              0        0        0
 6. 1993         xxx        xxx           xxx          xxx         xxx         xxx           0              0        0        0
 7. 1994         xxx        xxx           xxx          xxx         xxx         xxx         xxx              0        0        0
 8. 1995         xxx        xxx           xxx          xxx         xxx         xxx         xxx            xxx        0        0
 9. 1996         xxx        xxx           xxx          xxx         xxx         xxx         xxx            xxx      xxx        0
===================================================================================================================================
</TABLE>    





                      SCHEDULE P - PART 40 - REINSURANCE B

                                      NONE


                           SCHEDULE 4P - REINSURANCE C

                                      NONE


                      SCHEDULE P - PART 4Q - REINSURANCE D

                                      NONE


<PAGE>


                                    PAGE 112


                        SCHEDULE P - PART 4R - Section 1

                                      NONE


                        SCHEDULE P - PART 4R - Section 2

                                      NONE


                              SCHEDULE P - PART 4S

                                      NONE
<PAGE>

                                    PAGE 113

                        SCHEDULE P - PART 5A - Section 1

                                      NONE


                        SCHEDULE P - PART 5A - Section 2

                                      NONE

                        SCHEDULE P - PART 5A - Section 3

                                      NONE

<PAGE>

                                    PAGE 114

                        SCHEDULE P - PART 5B - Section 1

                                      NONE

                        SCHEDULE P - PART 5B - Section 2

                                      NONE

                        SCHEDULE P - PART 5B - Section 3

                                      NONE


<PAGE>

                                    PAGE 115

<TABLE>
<CAPTION>
                                   SCHEDULE P - PART 5C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL
                                                              SECTION 1

====================================================================================================================================
    (1)                   CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
              ---------------------------------------------------------------------------------------------------------------------
                 (2)         (3)        (4)          (5)          (6)          (7)         (8)        (9)        (10)        (11)
               
                1987        1988       1989         1990         1991         1992        1993       1994        1995        1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>        <C>          <C>          <C>          <C>         <C>        <C>         <C>         <C>
 1. Prior          0           0          0            0            0            0           0          0           0         0
 2. 1987           0           0          0            0            0            0           0          0           0         0
 3. 1988         xxx           0          0            0            0            0           0          0           0         0
 4. 1989         xxx         xxx          0            0            0            0           0          0           0         0
 5. 1990         xxx         xxx        xxx            0            0            0           0          0           0         0
 6. 1991         xxx         xxx        xxx          xxx            0            0           0          0           0         0
 7. 1992         xxx         xxx        xxx          xxx          xxx            0           0          0           0         0
 8. 1993         xxx         xxx        xxx          xxx          xxx          xxx           0          0           0         0
 9. 1994         xxx         xxx        xxx          xxx          xxx          xxx         xxx          0           0         0
10. 1995         xxx         xxx        xxx          xxx          xxx          xxx         xxx        xxx           3         3
11. 1996         xxx         xxx        xxx          xxx          xxx          xxx         xxx        xxx         xxx         1
====================================================================================================================================
            
<CAPTION>
                                                              SECTION 2

====================================================================================================================================
     (1)                            NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END
          
  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                 (2)         (3)           (4)          (5)          (6)       (7)         (8)        (9)        (10)       (11)
               
                1987        1988          1989         1990         1991      1992        1993       1994        1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>           <C>          <C>          <C>       <C>         <C>        <C>         <C>        <C>
 1. Prior          0           0             0            0            0         0           0          0           0        0
 2. 1987           0           0             0            0            0         0           0          0           0        0
 3. 1988         xxx           0             0            0            0         0           0          0           0        0
 4. 1989         xxx         xxx             0            0            0         0           0          0           0        0
 5. 1990         xxx         xxx           xxx            0            0         0           0          0           0        0
 6. 1991         xxx         xxx           xxx          xxx            0         0           0          0           0        0
 7. 1992         xxx         xxx           xxx          xxx          xxx         0           0          0           0        0
 8. 1993         xxx         xxx           xxx          xxx          xxx       xxx           0          0           0        0
 9. 1994         xxx         xxx           xxx          xxx          xxx       xxx         xxx          0           0        0
10. 1995         xxx         xxx           xxx          xxx          xxx       xxx         xxx        xxx           2        2
11. 1996         xxx         xxx           xxx          xxx          xxx       xxx         xxx        xxx         xxx        0
====================================================================================================================================
            
<CAPTION>
                                                              SECTION 3

===================================================================================================================================
    (1)                             CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
               --------------------------------------------------------------------------------------------------------------------
                 (2)         (3)        (4)          (5)          (6)          (7)         (8)        (9)        (10)       (11)
               
                1987        1988       1989         1990         1991         1992        1993       1994        1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>        <C>          <C>          <C>          <C>         <C>        <C>         <C>        <C>
 1. Prior          0           0          0            0            0            0           0          0           0        0
 2. 1987           0           0          0            0            0            0           0          0           0        0
 3. 1988         xxx           0          0            0            0            0           0          0           0        0
 4. 1989         xxx         xxx          0            0            0            0           0          0           0        0
 5. 1990         xxx         xxx        xxx            0            0            0           0          0           0        0
 6. 1991         xxx         xxx        xxx          xxx            0            0           0          0           0        0
 7. 1992         xxx         xxx        xxx          xxx          xxx            0           0          0           0        0
 8. 1993         xxx         xxx        xxx          xxx          xxx          xxx           0          0           0        0
 9. 1994         xxx         xxx        xxx          xxx          xxx          xxx         xxx          0           0        0
10. 1995         xxx         xxx        xxx          xxx          xxx          xxx         xxx        xxx           6        6
11. 1996         xxx         xxx        xxx          xxx          xxx          xxx         xxx        xxx         xxx        1
====================================================================================================================================
</TABLE>    

<PAGE>


                                    PAGE 116


                        SCHEDULE P - PART 5D - Section 1

                                      NONE


                        SCHEDULE P - PART 5D - Section 2

                                      NONE


                        SCHEDULE P - PART 5D - Section 3

                                      NONE
<PAGE>

                                    PAGE 117

                        SCHEDULE P - PART 5E - Section 1

                                      NONE


                        SCHEDULE P - PART 5E - Section 2

                                      NONE

                        SCHEDULE P - PART 5E - Section 3

                                      NONE

<PAGE>

                                    PAGE 118

                        SCHEDULE P - PART 5F - Section 1A

                                      NONE

                        SCHEDULE P - PART 5F - Section 2A

                                      NONE

                        SCHEDULE P - PART 5F - Section 3A

                                      NONE


<PAGE>


                                    PAGE 119


                        SCHEDULE P - PART 5F - Section 1B

                                      NONE

                        SCHEDULE P - PART 5F - Section 2B

                                      NONE

                        SCHEDULE P - PART 5F - Section 3B

                                      NONE

<PAGE>


                                    PAGE 120

<TABLE>
<CAPTION>
                                         SCHEDULE P - PART 5H - OTHER LIABILITY - OCCURRENCE

                                                             SECTION 1A

====================================================================================================================================
    (1)                       CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
               ---------------------------------------------------------------------------------------------------------------------
                (2)        (3)         (4)         (5)         (6)         (7)          (8)         (9)         (10)       (11)
               
               1987       1988        1989        1990        1991        1992         1993        1994         1995       1996
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>        <C>         <C>         <C>         <C>         <C>          <C>         <C>          <C>         <C>
 1. Prior         0          0           0           0           0           0            0           0            0           0
 2. 1987          0          0           0           0           0           0            0           0            0           0
 3. 1988        xxx          0           0           0           0           0            0           0            0           0
 4. 1989        xxx        xxx           4          27         133         208          291         363          380         421
 5. 1990        xxx        xxx         xxx           3          22          78          157         241          257         289
 6. 1991        xxx        xxx         xxx         xxx           1          29           91         160          206         281
 7. 1992        xxx        xxx         xxx         xxx         xxx           2           25          64          111         161
 8. 1993        xxx        xxx         xxx         xxx         xxx         xxx            0           9           36          64
 9. 1994        xxx        xxx         xxx         xxx         xxx         xxx          xxx           2           12          32
10. 1995        xxx        xxx         xxx         xxx         xxx         xxx          xxx         xxx           24          36
11. 1996        xxx        xxx         xxx         xxx         xxx         xxx          xxx         xxx          xxx           3
====================================================================================================================================
            
<CAPTION>

                                                             SECTION 2A

==================================================================================================================================
    (1)                               NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
               ---------------------------------------------------------------------------------------------------------------------
                     (2)         (3)         (4)          (5)        (6)          (7)       (8)         (9)         (10)      (11)
               
                     1987        1988        1989         1990       1991         1992      1993        1994        1995      1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>         <C>         <C>         <C>         <C>          <C>        <C>        <C>         <C>       <C>
 1. Prior            3446        3476        3405         3302       3111         2957       2986       2593        2538      2162
 2. 1987               70         114         121          114        108          145         41         40          37        19
 3. 1988              xxx         193         391          447        357          365        250        175         168        80
 4. 1989              xxx         xxx         214          435        437          469        312        225         178        84
 5. 1990              xxx         xxx         xxx          150        330          385        318        252         184       113
 6. 1991              xxx         xxx         xxx          xxx        171          350        324        323         265       152
 7. 1992              xxx         xxx         xxx          xxx        xxx          144        217        235         194       120
 8. 1993              xxx         xxx         xxx          xxx        xxx          xxx         82        160         161       151
 9. 1994              xxx         xxx         xxx          xxx        xxx          xxx        xxx         44         110       113
10. 1995              xxx         xxx         xxx          xxx        xxx          xxx        xxx        xxx          27        53
11. 1996              xxx         xxx         xxx          xxx        xxx          xxx        xxx        xxx         xxx        32
====================================================================================================================================
            
<CAPTION>

                                                             SECTION 3A

===================================================================================================================================
    (1)                           CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
               ---------------------------------------------------------------------------------------------------------------------
                (2)        (3)         (4)         (5)         (6)         (7)          (8)         (9)         (10)        (11)
               
               1987       1988        1989        1990        1991        1992         1993        1994         1995        1996
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>        <C>         <C>         <C>         <C>         <C>          <C>         <C>          <C>         <C>
 1. Prior         0          0           0           0           0           0            0            0           0           0
 2. 1987          0          0           0           0           0           0            0            0           0           0
 3. 1988        xxx          0           0           0           0           0            0            0           0           0
 4. 1989        xxx        240         507         638         749         749          751          767         774         781
 5. 1990        xxx        xxx         171         407         530         530          642          703         705         769
 6. 1991        xxx        xxx         xxx         187         448         448          565          663         786         811
 7. 1992        xxx        xxx         xxx         xxx         154         154          326          408         504         535
 8. 1993        xxx        xxx         xxx         xxx         xxx         xxx           89          192         241         296
 9. 1994        xxx        xxx         xxx         xxx         xxx         xxx          xxx           46         122         193
10. 1995        xxx        xxx         xxx         xxx         xxx         xxx          xxx          xxx          51          97
11. 1996        xxx        xxx         xxx         xxx         xxx         xxx          xxx          xxx         xxx          37
====================================================================================================================================
            
</TABLE>
<PAGE>

                                                              PAGE 121

<TABLE>
<CAPTION>

                                        SCHEDULE P - PART 5H - OTHER LIABILITY - CLAIMS MADE

                                                             SECTION 1B


====================================================================================================================================
    (1)                     CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
              ---------------------------------------------------------------------------------------------------------------------
               (2)        (3)       (4)          (5)          (6)          (7)          (8)          (9)         (10)       (11)
              
              1987       1988      1989         1990         1991         1992         1993         1994         1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>       <C>          <C>          <C>          <C>          <C>          <C>          <C>         <C>
 1. Prior        0          0         0            0            0            0            0            0            0          0
 2. 1987         0          0         0            0            0            0            0            0            0          0
 3. 1988       xxx          0         0            0            0            0            0            0            0          0
 4. 1989       xxx        xxx         0            1            3           12           17           25           29         36
 5. 1990       xxx        xxx       xxx            0            1            8           16           23           31         36
 6. 1991       xxx        xxx       xxx          xxx            0            3           10           15           21         26
 7. 1992       xxx        xxx       xxx          xxx          xxx            2            4           11           16         20
 8. 1993       xxx        xxx       xxx          xxx          xxx          xxx            0            9           18         23
 9. 1994       xxx        xxx       xxx          xxx          xxx          xxx          xxx            2            7         10
10. 1995       xxx        xxx       xxx          xxx          xxx          xxx          xxx          xxx            1          5
11. 1996       xxx        xxx       xxx          xxx          xxx          xxx          xxx          xxx          xxx          1
===================================================================================================================================
           
<CAPTION>

                                                             SECTION 2B

===================================================================================================================================
    (1)                                NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
              ---------------------------------------------------------------------------------------------------------------------
                  (2)        (3)          (4)          (5)          (6)          (7)          (8)          (9)      (10)       (11)
              
                 1987       1988         1989         1990         1991         1992         1993         1994      1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>               <C>        <C>          <C>          <C>          <C>          <C>          <C>          <C>       <C>         <C>
 1. Prior           0          0            0            0            0            0            0            0         0          0
 2. 1987           58         81           87           99          113          121          131          108       105         89
 3. 1988          xxx         40           51           56           61           70           73           39        32         31
 4. 1989          xxx        xxx           52           61           68           61           65           49        39         21
 5. 1990          xxx        xxx          xxx           46           59           59           53           44        36         23
 6. 1991          xxx        xxx          xxx          xxx           28           47           45           38        31         20
 7. 1992          xxx        xxx          xxx          xxx          xxx           27           46           36        30         21
 8. 1993          xxx        xxx          xxx          xxx          xxx          xxx           23           32        30         23
 9. 1994          xxx        xxx          xxx          xxx          xxx          xxx          xxx           19        20         16
10. 1995          xxx        xxx          xxx          xxx          xxx          xxx          xxx          xxx        21         26
11. 1996          xxx        xxx          xxx          xxx          xxx          xxx          xxx          xxx       xxx         11
===================================================================================================================================
              
<CAPTION>  

                                                             SECTION 3B

=================================================================================================================================
    (1)                         CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END

  Years in
   Which
  Premiums
Were Earned
 and Losses
    Were
  Incurred
              ---------------------------------------------------------------------------------------------------------------------
                  (2)        (3)          (4)          (5)          (6)       (7)          (8)          (9)         (10)       (11)
              
                 1987       1988         1989         1990         1991      1992         1993         1994         1995       1996
-----------------------------------------------------------------------------------------------------------------------------------
<S>               <C>        <C>          <C>          <C>          <C>       <C>          <C>          <C>          <C>         <C>
 1. Prior           0          0            0            0            0         0            0            0            0          0
 2. 1987            0          0            0            0            0         0            0            0            0          0
 3. 1988          xxx          0            0            0            0         0            0            0            0          0
 4. 1989          xxx        xxx           52           62           71        73           82           91          101        112
 5. 1990          xxx        xxx          xxx           46           60        67           69           73          109        152
 6. 1991          xxx        xxx          xxx          xxx           28        50           55           57           89        113
 7. 1992          xxx        xxx          xxx          xxx          xxx        29           50           53           70         70
 8. 1993          xxx        xxx          xxx          xxx          xxx       xxx           24           44           54         55
 9. 1994          xxx        xxx          xxx          xxx          xxx       xxx          xxx           22           29         37
10. 1995          xxx        xxx          xxx          xxx          xxx       xxx          xxx          xxx           22         39
11. 1996          xxx        xxx          xxx          xxx          xxx       xxx          xxx          xxx          xxx         12
===================================================================================================================================
</TABLE>   

<PAGE>

                                    PAGE 122

                        SCHEDULE P - PART 5R - Section 1A

                                      NONE


                        SCHEDULE P - PART 5R - Section 2A

                                      NONE


                        SCHEDULE P - PART 5R - Section 3A

                                      NONE
<PAGE>

                                    PAGE 123

                        SCHEDULE P - PART 5R - Section 1B

                                      NONE


                        SCHEDULE P - PART 5R - Section 2B

                                      NONE

                        SCHEDULE P - PART 5R - Section 3B

                                      NONE

<PAGE>

                                    PAGE 124

<TABLE>
<CAPTION>
                                                        SCHEDULE P - PART 6C
                                               COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL

                                                              SECTION 1

====================================================================================================================================
                          (1) CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED)                       (12)   

  Years in Which                                                                                                       
  Premiums Were                                                                                                            Current  
Earned and Losses                                                                                                            year  
  Were Incurred                                                                                                            Premiums 
                       --------------------------------------------------------------------------------------------------   Earned 
                         (2)       (3)        (4)        (5)       (6)       (7)      (8)       (9)        (10)     (11)      
                                                                                                                               
                         1987      1988       1989      1990       1991      1992     1993      1994       1995     1996      
------------------------------------------------------------------------------------------------------------------------------------
<S>                       <C>       <C>       <C>        <C>       <C>       <C>      <C>      <C>        <C>        <C>      <C>
 1. Prior                   0         0          0         0        0          0        0        0          0          0        0
 2. 1987                    0         0          0         0        0          0        0        0          0          0        0
 3. 1988                  xxx         0          0         0        0          0        0        0          0          0        0
 4. 1989                  xxx       xxx          0         0        0          0        0        0          0          0        0
 5. 1990                  xxx       xxx        xxx         0        0          0        0        0          0          0        0
 6. 1991                  xxx       xxx        xxx       xxx        0          0        0        0          0          0        0
 7. 1992                  xxx       xxx        xxx       xxx      xxx          0        0        0          0          0        0
 8. 1993                  xxx       xxx        xxx       xxx      xxx        xxx        0        0          0          0        0
 9. 1994                  xxx       xxx        xxx       xxx      xxx        xxx      xxx        0          0          0        0
10. 1995                  xxx       xxx        xxx       xxx      xxx        xxx      xxx      xxx         36         40        4
11. 1996                  xxx       xxx        xxx       xxx      xxx        xxx      xxx      xxx        xxx          0        0
12. Total                 xxx       xxx        xxx       xxx      xxx        xxx      xxx      xxx        xxx        xxx        4
13. Earned Premiums         0         0          0         0        0          0        0        0         36          4      xxx
    (Sch P.Pt 1)       
====================================================================================================================================
                   
<CAPTION>
                                                              SECTION 2

====================================================================================================================================
       (1)                              CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED)                          (12)   

  Years in Which                                                                                                            
  Premiums Were                                                                                                            Current  
Earned and Losses                                                                                                            year   
  Were Incurred                                                                                                            Premiums 
                      ---------------------------------------------------------------------------------------------------   Earned  
                         (2)       (3)       (4)       (5)        (6)        (7)       (8)        (9)      (10)       (11)   
                                                                                                                             
                        1987      1988      1989       1990      1991       1992      1993       1994      1995       1996   
------------------------------------------------------------------------------------------------------------------------------------
<S>                      <C>       <C>       <C>        <C>       <C>        <C>      <C>        <C>        <C>       <C>      <C>
 1. Prior                  0         0         0          0         0          0        0          0          0         0      0
 2. 1987                   0         0         0          0         0          0        0          0          0         0      0
 3. 1988                 xxx         0         0          0         0          0        0          0          0         0      0
 4. 1989                 xxx       xxx         0          0         0          0        0          0          0         0      0
 5. 1990                 xxx       xxx       xxx          0         0          0        0          0          0         0      0
 6. 1991                 xxx       xxx       xxx        xxx         0          0        0          0          0         0      0
 7. 1992                 xxx       xxx       xxx        xxx       xxx          0        0          0          0         0      0
 8. 1993                 xxx       xxx       xxx        xxx       xxx        xxx        0          0          0         0      0
 9. 1994                 xxx       xxx       xxx        xxx       xxx        xxx      xxx          0          0         0      0
10. 1995                 xxx       xxx       xxx        xxx       xxx        xxx      xxx        xxx          3         5      2
11. 1996                 xxx       xxx       xxx        xxx       xxx        xxx      xxx        xxx        xxx         0      0
12. Total                xxx       xxx       xxx        xxx       xxx        xxx      xxx        xxx        xxx       xxx      2
13. Earned Premiums        0         0         0          0         0          0        0          0          3         2    xxx
    (Sch P.Pt 1)      
====================================================================================================================================



                                      SCHEDULE P - PART 6D - WORKERS' COMPENSATION - SECTION 1

                                                                NONE


                                      SCHEDULE P - PART 6D - WORKERS' COMPENSATION - SECTION 2

                                                                NONE
</TABLE>



<PAGE>

                                                              PAGE 125

<TABLE>
<CAPTION>
                                           SCHEDULE P - PART 6E - COMMERCIAL MULTIPLE RENT
                                                              Section 1

                                                                NONE


                                                  SCHEDULE P - PART 6E - Section 2

                                                                NONE


                                         SCHEDULE P - PART 6H - OTHER LIABILITY - OCCURRENCE

                                                             SECTION 1A

===================================================================================================================================
         (1)                 CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED)                         (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                     ------------------------------------------------------------------------------------------------------  Earned
                       (2)       (3)        (4)        (5)        (6)        (7)       (8)        (9)       (10)       (11)
                     
                      1987      1988       1989       1990       1991       1992       1993       1994      1995       1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                    <C>       <C>        <C>        <C>        <C>        <C>        <C>       <C>        <C>       <C>      <C>
 1. Prior                0         0          0          0          0          0          0          0          0         0        0
 2. 1987                 0         0          0          0          0          0          0          0          0         0        0
 3. 1988               xxx         0          0          0          0          0          0          0          0         0        0
 4. 1989               xxx       xxx          0          0          0          0          0          0          0         0        0
 5. 1990               xxx       xxx        xxx          0          0          0          0          0          0         0        0
 6. 1991               xxx       xxx        xxx        xxx          0          0          0          0          0         0        0
 7. 1992               xxx       xxx        xxx        xxx        xxx          0          0          0          0         0        0
 8. 1993               xxx       xxx        xxx        xxx        xxx        xxx       4979       9435       9690      9722       32
 9. 1994               xxx       xxx        xxx        xxx        xxx        xxx        xxx       3532       6104      6239      135
10. 1995               xxx       xxx        xxx        xxx        xxx        xxx        xxx        xxx       1450      3066     1616
11. 1996               xxx       xxx        xxx        xxx        xxx        xxx        xxx        xxx        xxx      1427     1427
12. Total              xxx       xxx        xxx        xxx        xxx        xxx        xxx        xxx        xxx       xxx     3210
13. Earned Premiums   4924     22264      30497      29819      25877      17471      12003       7739       4517      3305      xxx
    (Sch P.Pt 1)   
====================================================================================================================================

<CAPTION>

                                                             SECTION 2A

====================================================================================================================================
         (1)                              CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED)                         (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                      -----------------------------------------------------------------------------------------------------  Earned
                        (2)       (3)       (4)         (5)       (6)          (7)      (8)        (9)       (10)     (11)
                      
                       1987       1988      1989       1990       1991        1992      1993       1994      1995     1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>       <C>        <C>        <C>        <C>        <C>        <C>       <C>        <C>       <C>     <C>
 1. Prior                 0         0          0          0          0          0          0         0          0        0       0
 2. 1987                  0         0          0          0          0          0          0         0          0        0       0
 3. 1988                xxx         0          0          0          0          0          0         0          0        0       0
 4. 1989                xxx       xxx          0          0          0          0          0         0          0        0       0
 5. 1990                xxx       xxx        xxx          0          0          0          0         0          0        0       0
 6. 1991                xxx       xxx        xxx        xxx          0          0          0         0          0        0       0
 7. 1992                xxx       xxx        xxx        xxx        xxx          0          0         0          0        0       0
 8. 1993                xxx       xxx        xxx        xxx        xxx        xxx        549      1422       1415     1422       7
 9. 1994                xxx       xxx        xxx        xxx        xxx        xxx        xxx       392         33       35       2
10. 1995                xxx       xxx        xxx        xxx        xxx        xxx        xxx       xxx         38      106      68
11. 1996                xxx       xxx        xxx        xxx        xxx        xxx        xxx       xxx        xxx        5       5
12. Total               xxx       xxx        xxx        xxx        xxx        xxx        xxx       xxx        xxx      xxx      82
13. Earned Premiums    2952     10018      14177      10899       5962       2251       1329       857        224       92     xxx
    (Sch P.Pt 1)      
====================================================================================================================================

</TABLE>

<PAGE>

                                                              PAGE 126


<TABLE>
<CAPTION>
                                        SCHEDULE P - PART 6H - OTHER LIABILITY - CLAIMS MADE

                                                             SECTION 1B

====================================================================================================================================
         (1)                   CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED)                      (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                        -------------------------------------------------------------------------------------------------    Earned
                         (2)       (3)        (4)         (5)       (6)         (7)      (8)      (9)       (10)     (11)
                       
                        1987      1988       1989        1990       1991       1992      1993     1994      1995     1996
----------------------------------------------------------------------------------------------------------------------------------
<S>                      <C>       <C>        <C>        <C>        <C>        <C>       <C>       <C>       <C>      <C>      <C>
 1. Prior                  0         0          0          0          0          0         0         0         0        0        0
 2. 1987                   0         0          0          0          0          0         0         0         0        0        0
 3. 1988                 xxx         0          0          0          0          0         0         0         0        0        0
 4. 1989                 xxx       xxx          0          0          0          0         0         0         0        0        0
 5. 1990                 xxx       xxx        xxx          0          0          0         0         0         0        0        0
 6. 1991                 xxx       xxx        xxx        xxx          0          0         0         0         0        0        0
 7. 1992                 xxx       xxx        xxx        xxx        xxx          0         0         0         0        0        0
 8. 1993                 xxx       xxx        xxx        xxx        xxx        xxx      2926      5355      5403     5431       28
 9. 1994                 xxx       xxx        xxx        xxx        xxx        xxx       xxx      2045      4085     4151       66
10. 1995                 xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx      1820     3482     1662
11. 1996                 xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx       xxx     1415     1415
12. Total                xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx       xxx      xxx     3171
13. Earned Premiums     9931     13920      16090      15300      12415       8205      6218      4583      3933     3194      xxx
(Sch P.Pt 1)           
==================================================================================================================================

<CAPTION>

                                                             SECTION 2B

====================================================================================================================================
         (1)                          CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED)                             (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                       ---------------------------------------------------------------------------------------------------   Earned
                        (2)      (3)       (4)         (5)        (6)         (7)      (8)       (9)       (10)      (11)
                      
                       1987      1988      1989        1990       1991       1992     1993      1994      1995       1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>       <C>        <C>        <C>        <C>        <C>       <C>       <C>       <C>        <C>      <C>
 1. Prior                 0         0          0          0          0          0         0         0         0         0        0
 2. 1987                  0         0          0          0          0          0         0         0         0         0        0
 3. 1988                xxx         0          0          0          0          0         0         0         0         0        0
 4. 1989                xxx       xxx          0          0          0          0         0         0         0         0        0
 5. 1990                xxx       xxx        xxx          0          0          0         0         0         0         0        0
 6. 1991                xxx       xxx        xxx        xxx          0          0         0         0         0         0        0
 7. 1992                xxx       xxx        xxx        xxx        xxx          0         0         0         0         0        0
 8. 1993                xxx       xxx        xxx        xxx        xxx        xxx       250       457       455       462        7
 9. 1994                xxx       xxx        xxx        xxx        xxx        xxx       xxx       143       191       193        2
10. 1995                xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx        35        39        4
11. 1996                xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx       xxx        32       32
12. Total               xxx       xxx        xxx        xxx        xxx        xxx       xxx       xxx       xxx       xxx       45
13. Earned Premiums    2589      6561       6692       5893       3201        993       422       262       204        52      xxx
    (Sch P.Pt 1)    
====================================================================================================================================



                                                SCHEDULE P - PART 6M - INTERNATIONAL
                                                              Section 1

                                                                NONE


                                                  SCHEDULE P - PART 6M - Section 2

                                                                NONE

</TABLE>
                                                             
<PAGE>

                                                              PAGE 127

<TABLE>
<CAPTION>
                                                SCHEDULE P - PART 6N - REINSURANCE A

                                                              SECTION 1


====================================================================================================================================
         (1)                  CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED)                        (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                       -------------------------------------------------------------------------------------------------     Earned
                         (2)      (3)       (4)       (5)       (6)       (7)       (8)        (9)       (10)      (11)
                       
                        1987      1988      1989      1990      1991      1992      1993       1994      1995      1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>       <C>       <C>       <C>       <C>       <C>       <C>       <C>          <C>      <C>        <C>
 1. 1988                xxx         0         0         0         0         0         0         0            0         0        0
 2. 1989                xxx       xxx         0         0         0         0         0         0            0         0        0
 3. 1990                xxx       xxx       xxx         0         0         0         0         0            0         0        0
 4. 1991                xxx       xxx       xxx       xxx         0         0         0         0            0         0        0
 5. 1992                xxx       xxx       xxx       xxx       xxx         0         0         0            0         0        0
 6. 1993                xxx       xxx       xxx       xxx       xxx       xxx         0         0            0         0        0
 7. 1994                xxx       xxx       xxx       xxx       xxx       xxx       xxx        25           24        24        0
 8. 1995                xxx       xxx       xxx       xxx       xxx       xxx       xxx       xxx          111       136       25
 9. 1996                xxx       xxx       xxx       xxx       xxx       xxx       xxx       xxx          xxx       258      257
10. Total               xxx       xxx       xxx       xxx       xxx       xxx       xxx       xxx          xxx       xxx      282
11. Earned Premiums       0         0         0         0         0         0         0        25          110       282      xxx
    (Sch P.Pt 1)       
====================================================================================================================================
                    
<CAPTION>

                                                                  SECTION 2

====================================================================================================================================
                                         CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED)                          (12)

   Years in Which
Premiums Were Earned                                                                                                        Current
   and Losses Were                                                                                                            year 
      Incurred                                                                                                              Premiums
                      -------------------------------------------------------------------------------------------------      Earned
                        (2)      (3)        (4)       (5)       (6)       (7)       (8)        (9)       (10)      (11)
                      
                       1987      1988       1989      1990      1991      1992      1993       1994      1995      1996
------------------------------------------------------------------------------------------------------------------------------------
<S>                    <C>        <C>       <C>       <C>       <C>       <C>       <C>        <C>         <C>       <C>      <C>
 1. 1988                xxx         0         0         0         0         0         0          0            0        0        0
 2. 1989                xxx       xxx         0         0         0         0         0          0            0        0        0
 3. 1990                xxx       xxx       xxx         0         0         0         0          0            0        0        0
 4. 1991                xxx       xxx       xxx       xxx         0         0         0          0            0        0        0
 5. 1992                xxx       xxx       xxx       xxx       xxx         0         0          0            0        0        0
 6. 1993                xxx       xxx       xxx       xxx       xxx       xxx         0          0            0        0        0
 7. 1994                xxx       xxx       xxx       xxx       xxx       xxx       xxx          0            0        0        0
 8. 1995                xxx       xxx       xxx       xxx       xxx       xxx       xxx        xxx            0        0        0
 9. 1996                xxx       xxx       xxx       xxx       xxx       xxx       xxx        xxx          xxx        2        2
10. Total               xxx       xxx       xxx       xxx       xxx       xxx       xxx        xxx          xxx       xxx       2
11. Earned Premiums       0         0         0         0         0         0         0          0            1        2      xxx
    (Sch P.Pt 1)      
====================================================================================================================================
                   

                                                SCHEDULE P - PART 60 - REINSURANCE B

                                                              Section 1

                                                                NONE


                                                  SCHEDULE P - PART 60 - Section 2

                                                                NONE

</TABLE>

<PAGE>

                                    PAGE 128


                        SCHEDULE P - PART 6R - Section 1A

                                      NONE


                        SCHEDULE P - PART 6R - Section 2A

                                      NONE


                        SCHEDULE P - PART 6R - Section 1B

                                      NONE


                        SCHEDULE P - PART 6R - Section 2B

                                      NONE

<PAGE>

                                    PAGE 129


                        SCHEDULE P - PART 7A - Section 1

                                      NONE

                        SCHEDULE P - PART 7A - Section 2

                                      NONE


                        SCHEDULE P - PART 7A - Section 3

                                      NONE
<PAGE>

                                    PAGE 130


                        SCHEDULE P - PART 7A - Section 4

                                      NONE

                        SCHEDULE P - PART 7A - Section 5

                                      NONE
<PAGE>

                                    PAGE 131


                        SCHEDULE P - PART 7B - Section 1

                                      NONE

                        SCHEDULE P - PART 7B - Section 2

                                      NONE

                        SCHEDULE P - PART 7B - Section 3

                                      NONE


<PAGE>

                                    PAGE 132

                        SCHEDULE P - PART 7B - Section 4

                                      NONE

                        SCHEDULE P - PART 7B - Section 5

                                      NONE

                        SCHEDULE P - PART 7B - Section 6

                                      NONE

                        SCHEDULE P - PART 7B - Section 7

                                      NONE