<TABLE> <S> <C>


<ARTICLE>                                             7
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
FINANCIAL  STATEMENTS  FILED  HEREWITH  AND  IS  QUALIFIED  IN ITS  ENTIRETY  BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                    1,000,000

<S>                                             <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                               DEC-31-1999
<PERIOD-END>                                    JUN-30-1999
<DEBT-HELD-FOR-SALE>                                534
<DEBT-CARRYING-VALUE>                                 0
<DEBT-MARKET-VALUE>                                   0
<EQUITIES>                                         442
<MORTGAGE>                                           11
<REAL-ESTATE>                                         0
<TOTAL-INVEST>                                      987
<CASH>                                               97 <F1>
<RECOVER-REINSURE>                                  661
<DEFERRED-ACQUISITION>                               51
<TOTAL-ASSETS>                                     2163
<POLICY-LOSSES>                                     592
<UNEARNED-PREMIUMS>                                 427
<POLICY-OTHER>                                        0
<POLICY-HOLDER-FUNDS>                                 0
<NOTES-PAYABLE>                                      80
<PREFERRED-MANDATORY>                               409 <F2>
<PREFERRED>                                           0
<COMMON>                                             10
<OTHER-SE>                                          412
<TOTAL-LIABILITY-AND-EQUITY>                       2163
<PREMIUMS>                                          190
<INVESTMENT-INCOME>                                  32
<INVESTMENT-GAINS>                                   17
<OTHER-INCOME>                                       55
<BENEFITS>                                           76
<UNDERWRITING-AMORTIZATION>                          44
<UNDERWRITING-OTHER>                                100 <F3>
<INCOME-PRETAX>                                      66
<INCOME-TAX>                                         22
<INCOME-CONTINUING>                                  44
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                         44
<EPS-BASIC>                                         1.51<F4>
<EPS-DILUTED>                                       1.46<F5>
<RESERVE-OPEN>                                      550
<PROVISION-CURRENT>                                   0 <F6>
<PROVISION-PRIOR>                                     0 <F6>
<PAYMENTS-CURRENT>                                    0 <F6>
<PAYMENTS-PRIOR>                                      0 <F6>
<RESERVE-CLOSE>                                     592
<CUMULATIVE-DEFICIENCY>                               0

<FN>
<F1>Cash includes short-term investments.
<F2>Company obligated mandatorily redeemable capital securities and convertible
capital securities classified at mezzanine level on Consolidated Statements of
Financial Position.
<F3>Includes engineering services, underwriting and inspection and interest
expense.
<F4>Per SFAS No. 128 "Earnings per Share", this item represents EPS-Basic.
<F5>Per SFAS No. 128 "Earnings per Share", this item represents EPS-Assuming
Dilution.
<F6>Not calculated at interim periods.
</FN>


</TABLE>