<TABLE> <S> <C>
<ARTICLE> 7
<LEGEND>
(Replace this text with the legend)
</LEGEND>
<CIK> 0000814585
<NAME> MBIA Inc.
<MULTIPLIER> 1,000
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<EXCHANGE-RATE> 1
<DEBT-HELD-FOR-SALE> 6,227,701
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 0
<MORTGAGE> 0
<REAL-ESTATE> 0
<TOTAL-INVEST> 11,663,115
<CASH> 80,716
<RECOVER-REINSURE> 27,572
<DEFERRED-ACQUISITION> 262,664
<TOTAL-ASSETS> 13,220,483
<POLICY-LOSSES> 455,747
<UNEARNED-PREMIUMS> 2,373,173
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 0
<NOTES-PAYABLE> 734,703
0
0
<COMMON> 100,518
<OTHER-SE> 3,793,248
<TOTAL-LIABILITY-AND-EQUITY> 13,220,483
327,009
<INVESTMENT-INCOME> 294,588
<INVESTMENT-GAINS> 25,038
<OTHER-INCOME> 136,544
<BENEFITS> 36,195
<UNDERWRITING-AMORTIZATION> 26,488
<UNDERWRITING-OTHER> 61,266
<INCOME-PRETAX> 530,681
<INCOME-TAX> 138,254
<INCOME-CONTINUING> 392,427
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 392,427
<EPS-BASIC> 3.98
<EPS-DILUTED> 3.96
<RESERVE-OPEN> 0
<PROVISION-CURRENT> 0
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 0
<PAYMENTS-PRIOR> 0
<RESERVE-CLOSE> 0
<CUMULATIVE-DEFICIENCY> 0
</TABLE>