<TABLE> <S> <C>


<ARTICLE> 7
<LEGEND>
PER SHARE INFORMATION CONTAINED IN THIS SCHEDULE HAS BEEN RESTATED TO CONFORM TO
THE PROVISIONS OF STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128, "EARNINGS
PER SHARE".  SUCH PER SHARE  INFORMATION ALSO REFLECTS THE COMPANY'S MAY 1, 1998
THREE FOR TWO STOCK SPLIT.

THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
FINANCIAL  STATEMENTS  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-31-1997
<PERIOD-END>                               MAR-31-1998
<DEBT-HELD-FOR-SALE>                               527
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                         441
<MORTGAGE>                                          11
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                     979
<CASH>                                             168<F1>
<RECOVER-REINSURE>                                 308
<DEFERRED-ACQUISITION>                              56  
<TOTAL-ASSETS>                                    1872
<POLICY-LOSSES>                                    297
<UNEARNED-PREMIUMS>                                468
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                     26
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        409<F2>
<COMMON>                                            10
<OTHER-SE>                                         401
<TOTAL-LIABILITY-AND-EQUITY>                      1872
<PREMIUMS>                                         102
<INVESTMENT-INCOME>                                 10 
<INVESTMENT-GAINS>                                   3<F3>
<OTHER-INCOME>                                      57
<BENEFITS>                                          45
<UNDERWRITING-AMORTIZATION>                         13
<UNDERWRITING-OTHER>                                48
<INCOME-PRETAX>                                     66
<INCOME-TAX>                                        23 
<INCOME-CONTINUING>                                 43
<DISCONTINUED>                                      30<F4> 
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        73
<EPS-PRIMARY>                                      2.49<F5>
<EPS-DILUTED>                                      2.17
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<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 gain on sale of IRI.
<F4>Net gain on discontinued operations of Radian.
<F5>Reflects  the impact of  three-for-two  stock split approved by the Board of
Directors on April 21, 1998.

</FN>
        

</TABLE>