<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from Chandler Insurance Company, Ltd.'s September 30, 1998 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-31-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 110,913 <DEBT-CARRYING-VALUE> 1,167 <DEBT-MARKET-VALUE> 1,338 <EQUITIES> 191 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 112,271 <CASH> 12,884 <RECOVER-REINSURE> 2,040 <DEFERRED-ACQUISITION> 6,856 <TOTAL-ASSETS> 234,488 <POLICY-LOSSES> 82,488 <UNEARNED-PREMIUMS> 52,552 <POLICY-OTHER> 4,632 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 9,944 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,593 <OTHER-SE> 50,477 <TOTAL-LIABILITY-AND-EQUITY> 234,488 <PREMIUMS> 51,473 <INVESTMENT-INCOME> 5,631 <INVESTMENT-GAINS> 648 <OTHER-INCOME> 1,547 <BENEFITS> 35,982 <UNDERWRITING-AMORTIZATION> 13,052 <UNDERWRITING-OTHER> 7,121 <INCOME-PRETAX> 2,496 <INCOME-TAX> (114) <INCOME-CONTINUING> 2,610 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,610 <EPS-PRIMARY> 0.41 <EPS-DILUTED> 0.41 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0