<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".

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>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<DEBT-HELD-FOR-SALE>                               225
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                         263
<MORTGAGE>                                          11
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                     499
<CASH>                                             102<F1>
<RECOVER-REINSURE>                                 163
<DEFERRED-ACQUISITION>                              41
<TOTAL-ASSETS>                                    1116
<POLICY-LOSSES>                                    303
<UNEARNED-PREMIUMS>                                271
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                     28
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                         20<F2>
<COMMON>                                            10
<OTHER-SE>                                         336
<TOTAL-LIABILITY-AND-EQUITY>                      1116
<PREMIUMS>                                         449
<INVESTMENT-INCOME>                                 32
<INVESTMENT-GAINS>                                  12
<OTHER-INCOME>                                      56
<BENEFITS>                                         204
<UNDERWRITING-AMORTIZATION>                         86
<UNDERWRITING-OTHER>                               185
<INCOME-PRETAX>                                     72
<INCOME-TAX>                                        18
<INCOME-CONTINUING>                                 54
<DISCONTINUED>                                      (1)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        53
<EPS-PRIMARY>                                     2.65
<EPS-DILUTED>                                     2.65
<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>Convertible  redeemable  preferred  stock  classified at mezzanine  level on
Consolidated Statement of Financial Position.
</FN>
        

</TABLE>