<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> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> SEP-30-1995 <DEBT-HELD-FOR-SALE> 234,569 <DEBT-CARRYING-VALUE> 11,177 <DEBT-MARKET-VALUE> 11,241 <EQUITIES> 22,958 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 298,673 <CASH> 4,846 <RECOVER-REINSURE> 39,174 <DEFERRED-ACQUISITION> 27,265 <TOTAL-ASSETS> 540,587 <POLICY-LOSSES> 151,395 <UNEARNED-PREMIUMS> 78,540 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 34,000 <COMMON> 770 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 245,721 <TOTAL-LIABILITY-AND-EQUITY> 540,587 <PREMIUMS> 73,219 <INVESTMENT-INCOME> 15,384 <INVESTMENT-GAINS> (152) <OTHER-INCOME> 6 <BENEFITS> 13,475 <UNDERWRITING-AMORTIZATION> 26,741 <UNDERWRITING-OTHER> 18,829 <INCOME-PRETAX> 21,490 <INCOME-TAX> 8,398 <INCOME-CONTINUING> 13,092 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,092 <EPS-PRIMARY> .85 <EPS-DILUTED> .85 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0