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Exhibit 99(h)

Consolidated Statements of Comprehensive Income

THE ST. PAUL COMPANIES

		Year Ended December 31
		2001			2000			1999
		(In Millions)
Net income (loss)		$	(1,088	)	$	993		$	834
Other comprehensive income (loss), net of taxes:
	Change in unrealized appreciation on investments		(323	)		197			(459	)
	Change in unrealized loss on foreign currency translation		(8	)		(42	)		(12	)
	Change in unrealized loss on derivatives		(2	)		—			—
	Other comprehensive income (loss)		(333	)		155			(471	)
	Comprehensive income (loss)	$	(1,421	)	$	1,148		$	363

See notes to consolidated financial statements.

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Consolidated Statements of Comprehensive Income THE ST. PAUL COMPANIES