<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from Chandler Insurance Company Ltd.'s December 31, 1996 Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <DEBT-HELD-FOR-SALE> 109,665 <DEBT-CARRYING-VALUE> 1,582 <DEBT-MARKET-VALUE> 1,675 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 111,247 <CASH> 7,889 <RECOVER-REINSURE> 3,805 <DEFERRED-ACQUISITION> 4,993 <TOTAL-ASSETS> 206,827 <POLICY-LOSSES> 79,639 <UNEARNED-PREMIUMS> 36,009 <POLICY-OTHER> 4,016 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 4,391 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,593 <OTHER-SE> 60,954 <TOTAL-LIABILITY-AND-EQUITY> 206,827 <PREMIUMS> 89,286 <INVESTMENT-INCOME> 7,339 <INVESTMENT-GAINS> 140 <OTHER-INCOME> 3,620 <BENEFITS> 53,391 <UNDERWRITING-AMORTIZATION> 32,123 <UNDERWRITING-OTHER> 14,076 <INCOME-PRETAX> 655 <INCOME-TAX> (317) <INCOME-CONTINUING> 972 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 972 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14 <RESERVE-OPEN> 82,017 <PROVISION-CURRENT> 53,314 <PROVISION-PRIOR> 77 <PAYMENTS-CURRENT> 23,836 <PAYMENTS-PRIOR> 46,513 <RESERVE-CLOSE> 65,207 <CUMULATIVE-DEFICIENCY> 77