<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>                            3-mos
<FISCAL-YEAR-END>                                    DEC-31-2000
<PERIOD-END>                                         MAR-31-2000
<DEBT-HELD-FOR-SALE>                                   478
<DEBT-CARRYING-VALUE>                                    0
<DEBT-MARKET-VALUE>                                      0
<EQUITIES>                                             365
<MORTGAGE>                                              11
<REAL-ESTATE>                                            0
<TOTAL-INVEST>                                         853
<CASH>                                                 118 <F1>
<RECOVER-REINSURE>                                     714
<DEFERRED-ACQUISITION>                                  44
<TOTAL-ASSETS>                                        2051
<POLICY-LOSSES>                                        736
<UNEARNED-PREMIUMS>                                    325
<POLICY-OTHER>                                           0
<POLICY-HOLDER-FUNDS>                                    0
<NOTES-PAYABLE>                                         50
<PREFERRED-MANDATORY>                                  409 <F2>
<PREFERRED>                                              0
<COMMON>                                                10
<OTHER-SE>                                             363
<TOTAL-LIABILITY-AND-EQUITY>                          2051
<PREMIUMS>                                              91
<INVESTMENT-INCOME>                                     15
<INVESTMENT-GAINS>                                      13
<OTHER-INCOME>                                          37
<BENEFITS>                                              39
<UNDERWRITING-AMORTIZATION>                             20
<UNDERWRITING-OTHER>                                    61 <F3>
<INCOME-PRETAX>                                         32
<INCOME-TAX>                                            12
<INCOME-CONTINUING>                                     20
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                            20
<EPS-BASIC>                                           0.68<F4>
<EPS-DILUTED>                                         0.68<F5>
<RESERVE-OPEN>                                         782
<PROVISION-CURRENT>                                      0 <F6>
<PROVISION-PRIOR>                                        0 <F6>
<PAYMENTS-CURRENT>                                       0 <F6>
<PAYMENTS-PRIOR>                                         0 <F6>
<RESERVE-CLOSE>                                        736
<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>