<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
---------------------------
Date of Report (Date of earliest
event reported): October 1, 1996
THE ST. PAUL COMPANIES, INC.
------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Minnesota 0-3021 41-0518860
--------------- -------------------- ---------------------
(State of (Commission File (I.R.S. Employer
Incorporation) Number) Identification No.)
385 Washington St., St. Paul, MN 55102
- -------------------------------- -----------
(Address of principal (Zip Code)
executive offices)
(612) 310-7911
----------------------------------
(Registrant's telephone number,
including area code)
N/A
- ------------------------------------------------------------
(Former name or former address, if changed since last
report)
<PAGE>
Item 5. Other Events.
------------
Filed herewith is a press release dated October 1,
1996, of the registrant announcing the anticipated impact of
weather-related losses on the registrant's third-quarter
operating results.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
-----------------------------------------------------
An Exhibit Index is set forth as the next page in this
report.
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
THE ST. PAUL COMPANIES, INC.
By /s/ Bruce A. Backberg
---------------------
Bruce A. Backberg
Vice President
and Corporate Secretary
Date: October 1, 1996
<PAGE>
EXHIBIT INDEX
-------------
How
Exhibit Filed
- ------- -----
(99) Additional exhibits . . . . . . . . . . . . . . . (1)
(1) Filed electronically under the EDGAR Operational
Program.
<PAGE>
Exhibit 99
October 1, 1996 - THE ST. PAUL EXPECTS STORM LOSSES TO RANGE
FROM $70 TO $75 MILLION FOR THIRD QUARTER
St. Paul, Minn. - The St. Paul Companies (SPC) today
announced that Hurricane Fran and other third-quarter storms
are expected to decrease The St. Paul's third-quarter pretax
operating earnings by $70 million to $75 million. Hurricane
Fran, which primarily affected North Carolina and Virginia,
will result in approximately $40 million of the decrease.
"These third-quarter storm losses come on top of $115
million of pretax storm losses from the first half of the
year. So 1996 is already The St. Paul's second-worst on
record for storm losses - even though we have another
quarter ahead of us," said Chairman Douglas W. Leatherdale.
The St. Paul Companies, headquartered in St. Paul,
Minn., is a group of companies that provide property-
liability insurance underwriting, reinsurance underwriting
and insurance brokerage products and services throughout the
world.
