<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