<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAPSURE HOLDINGS CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES THERETO INCLUDED IN THIS QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <DEBT-HELD-FOR-SALE> 234,476 <DEBT-CARRYING-VALUE> 10,846 <DEBT-MARKET-VALUE> 10,912 <EQUITIES> 26,241 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 311,751 <CASH> 4,188 <RECOVER-REINSURE> 40,757 <DEFERRED-ACQUISITION> 27,568 <TOTAL-ASSETS> 555,658 <POLICY-LOSSES> 153,343 <UNEARNED-PREMIUMS> 80,161 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 51,000 <COMMON> 770 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 240,934 <TOTAL-LIABILITY-AND-EQUITY> 555,658 <PREMIUMS> 48,660 <INVESTMENT-INCOME> 10,328 <INVESTMENT-GAINS> 32 <OTHER-INCOME> 5 <BENEFITS> 9,611 <UNDERWRITING-AMORTIZATION> 17,119 <UNDERWRITING-OTHER> 12,472 <INCOME-PRETAX> 14,255 <INCOME-TAX> 5,582 <INCOME-CONTINUING> 8,673 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,673 <EPS-PRIMARY> .56 <EPS-DILUTED> .56 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0