<ARTICLE>                                           7
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR
THE THREE  MONTHS  ENDED  MARCH 31,  2000 AND IS  QUALIFIED  IN ITS  ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-END>                                   Mar-31-2000
<DEBT-HELD-FOR-SALE>                           78,920
<DEBT-CARRYING-VALUE>                               0
<DEBT-MARKET-VALUE>                                 0
<EQUITIES>                                          4
<MORTGAGE>                                          0
<REAL-ESTATE>                                       0
<TOTAL-INVEST>                                104,649
<CASH>                                            873
<RECOVER-REINSURE>                              15,667
<DEFERRED-ACQUISITION>                          53,112
<TOTAL-ASSETS>                                 294,093
<POLICY-LOSSES>                                 60,979
<UNEARNED-PREMIUMS>                                 14
<POLICY-OTHER>                                  43,336
<POLICY-HOLDER-FUNDS>                            4,211
<NOTES-PAYABLE>                                 39,960
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         1,169
<OTHER-SE>                                     116,338
<TOTAL-LIABILITY-AND-EQUITY>                   294,093
<PREMIUMS>                                       8,401
<INVESTMENT-INCOME>                              1,740
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                       0
<BENEFITS>                                       3,351
<UNDERWRITING-AMORTIZATION>                      1,349
<UNDERWRITING-OTHER>                             2,947
<INCOME-PRETAX>                                  2,473
<INCOME-TAX>                                       259
<INCOME-CONTINUING>                              2,214
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,214
<EPS-BASIC>                                       0.44
<EPS-DILUTED>                                     0.43
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0