<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