<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from Chandler Insurance Company, Ltd.'s September 30, 1997 Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 108,530 <DEBT-CARRYING-VALUE> 1,588 <DEBT-MARKET-VALUE> 1,679 <EQUITIES> 1,867 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 111,985 <CASH> 15,089 <RECOVER-REINSURE> 1,620 <DEFERRED-ACQUISITION> 5,386 <TOTAL-ASSETS> 220,780 <POLICY-LOSSES> 79,861 <UNEARNED-PREMIUMS> 45,225 <POLICY-OTHER> 4,896 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 3,349 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,593 <OTHER-SE> 45,916 <TOTAL-LIABILITY-AND-EQUITY> 220,780 <PREMIUMS> 71,751 <INVESTMENT-INCOME> 5,476 <INVESTMENT-GAINS> 36 <OTHER-INCOME> 2,063 <BENEFITS> 43,996 <UNDERWRITING-AMORTIZATION> 20,933 <UNDERWRITING-OTHER> 21,590 <INCOME-PRETAX> (7,229) <INCOME-TAX> 1,519 <INCOME-CONTINUING> (8,748) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,748) <EPS-PRIMARY> (1.30) <EPS-DILUTED> (1.30) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0