TITAN HOLDINGS INC
15-12G, 1998-01-06
SURETY INSURANCE
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

CERTIFICATION  AND NOTICE OF TERMINATION OF REGISTRATION  UNDER SECTION 12(g) OF
THE SECURITIES  EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
                                    
                                      Commission File Number             0-22000
                                                              ------------------

                              TITAN HOLDINGS, INC.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


    2700 N.E. Loop 410, Suite 500, San Antonio, Texas 78217; (210) 527-2700
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(Address,  including zip code,  and telephone  number,  including  area code, of
registrant's principal executive offices)

                     Common stock, par value $.01 per share
- --------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)


- --------------------------------------------------------------------------------
(Titles of all other  classes  of  securities  for which a duty to file  reports
under section 13(a) or 15(d) remains)

     Please  place  an X in the  box(es)  to  designate,  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

  Rule 12g-4(a)(1)(i)          |X|           Rule 12h-3(b)(1)(i)        |_|
  Rule 12g-4(a)(1)(ii)         |_|           Rule 12h-3(b)(1)(ii)       |_|
  Rule 12g-4(a)(2)(i)          |_|           Rule 12h-3(b)(2)(i)        |_|
  Rule 12g-4(a)(2)(ii)         |_|           Rule 12h-3(b)(2)(ii)       |_|
                                             Rule 15d-6                 |_|

     Approximate  number of holders of record as of the  certification or notice
date:            0
      ------------------------
     Pursuant to the  requirements of the Securities  Exchange Act of 1934 Titan
Holdings,  Inc. has caused this  certification/notice to be signed on its behalf
by the undersigned duly authorized person.

Date:   December 22, 1997          By: /s/J. Huber
     -------------------------         -----------------------------------------
     
                                       J. Huber, Vice President - Deputy General
                                       Counsel, United States Fidelity and
                                       Guaranty Company


Instruction:  This  form is  required  by Rules  12g-4,  12h-3  and 15d-6 of the
General Rules and Regulations under the Securities  Exchange Act of 1934. It may
be signed by an  officer  of the  registrant,  by  counsel  or by any other duly
authorized  person.  The name and title of the person  signing the form shall be
typed or printed under the signature.









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