<ARTICLE>                                           7
<LEGEND>
    THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
    CONSOLIDATED FINANCIAL STATEMENTS OF LONDON PACIFIC GROUP LIMITED FOR THE
    QUARTER ENDED MARCH 31, 2000 AS SET FORTH IN ITS FORM 10-Q FOR SUCH QUARTER,
    AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1000
<CURRENCY>                                     US Dollars

                                             
<PERIOD-TYPE>                                   3-mos
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   MAR-31-2000
<EXCHANGE-RATE>                                1
<DEBT-HELD-FOR-SALE>                           1,038,831
<DEBT-CARRYING-VALUE>                          201,684
<DEBT-MARKET-VALUE>                            200,662
<EQUITIES>                                     544,374
<MORTGAGE>                                     0
<REAL-ESTATE>                                  0
<TOTAL-INVEST>                                 1,795,181
<CASH>                                         56,736
<RECOVER-REINSURE>                             0
<DEFERRED-ACQUISITION>                         154,486
<TOTAL-ASSETS>                                 2,214,297
<POLICY-LOSSES>                                1,462,343
<UNEARNED-PREMIUMS>                            0
<POLICY-OTHER>                                 0
<POLICY-HOLDER-FUNDS>                          0
<NOTES-PAYABLE>                                0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       3,222
<OTHER-SE>                                     492,247
<TOTAL-LIABILITY-AND-EQUITY>                   2,214,297
<PREMIUMS>                                     0
<INVESTMENT-INCOME>                            5,340
<INVESTMENT-GAINS>                             8,784
<OTHER-INCOME>                                 (60,553)<F1>
<BENEFITS>                                     0
<UNDERWRITING-AMORTIZATION>                    5,295
<UNDERWRITING-OTHER>                           0
<INCOME-PRETAX>                                (65,015)
<INCOME-TAX>                                   (9,477)
<INCOME-CONTINUING>                            (55,538)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (55,538)
<EPS-BASIC>                                    (1.11)
<EPS-DILUTED>                                  (1.11)
<RESERVE-OPEN>                                 0
<PROVISION-CURRENT>                            0
<PROVISION-PRIOR>                              0
<PAYMENTS-CURRENT>                             0
<PAYMENTS-PRIOR>                               0
<RESERVE-CLOSE>                                0
<CUMULATIVE-DEFICIENCY>                        0

<FN>
<F1> Includes $72,145 of unrealized investment losses on trading securities.
</FN>