<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from Chandler Insurance Company, Ltd.'s September 30, 1996 Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 106,570 <DEBT-CARRYING-VALUE> 1,677 <DEBT-MARKET-VALUE> 1,753 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 111,199 <CASH> 9,210 <RECOVER-REINSURE> 4,048 <DEFERRED-ACQUISITION> 4,873 <TOTAL-ASSETS> 239,536 <POLICY-LOSSES> 114,454 <UNEARNED-PREMIUMS> 36,969 <POLICY-OTHER> 4,232 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 4,800 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,540 <OTHER-SE> 59,596 <TOTAL-LIABILITY-AND-EQUITY> 239,536 <PREMIUMS> 66,770 <INVESTMENT-INCOME> 5,350 <INVESTMENT-GAINS> 119 <OTHER-INCOME> 2,792 <BENEFITS> 40,429 <UNDERWRITING-AMORTIZATION> 24,086 <UNDERWRITING-OTHER> 9,839 <INCOME-PRETAX> 677 <INCOME-TAX> (790) <INCOME-CONTINUING> 1,467 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,467 <EPS-PRIMARY> .21 <EPS-DILUTED> .21 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0