<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 FOR TRENWICK GROUP, INC. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 893,020 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 49,188 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 942,208 <CASH> 63,003 <RECOVER-REINSURE> 140,173<F1> <DEFERRED-ACQUISITION> 35,261 <TOTAL-ASSETS> 1,392,261 <POLICY-LOSSES> 682,428 <UNEARNED-PREMIUMS> 152,051 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 75,000 <PREFERRED-MANDATORY> 110,000 <PREFERRED> 0 <COMMON> 1,105 <OTHER-SE> 346,924 <TOTAL-LIABILITY-AND-EQUITY> 1,392,261 <PREMIUMS> 245,561 <INVESTMENT-INCOME> 56,316 <INVESTMENT-GAINS> 9,016 <OTHER-INCOME> 421 <BENEFITS> 153,135 <UNDERWRITING-AMORTIZATION> 74,197 <UNDERWRITING-OTHER> 23,828 <INCOME-PRETAX> 43,037 <INCOME-TAX> 8,245 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 34,792 <EPS-PRIMARY> 2.99<F2> <EPS-DILUTED> 2.95 <RESERVE-OPEN> 460,650<F3> <PROVISION-CURRENT> 166,198<F4> <PROVISION-PRIOR> (12,556) <PAYMENTS-CURRENT> (42,883) <PAYMENTS-PRIOR> (122,145) <RESERVE-CLOSE> 449,264<F5> <CUMULATIVE-DEFICIENCY> 7,685<F6> <FN> <F1>REPRESENTS NET REINSURANCE RECOVERABLE BALANCES AFTER OFFSET OF FUNDS HELD AND REINSURANCE BALANCES PAYABLE. <F2>REPRESENTS BASIC EARNINGS PER SHARE. <F3>REFLECTS NET RESERVE AT BEGINNING OF YEAR FOR UNPAID CLAIMS. ALSO REFLECTS TRENWICK INTERNATIONAL'S NET RESERVE IN THE AMOUNT OF $81,299 AT DATE OF ACQUISITION. <F4>INCLUDES EFFECT OF EXCHANGE RATE IN THE AMOUNT OF $507. <F5>REFLECTS NET RESERVE AT END OF YEAR FOR UNPAID CLAIMS. <F6>REFLECTS GROSS REDUNDANCY IN RESTATED RESERVES. </FN>