<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF PROFESSIONALS INSURANCE
COMPANY MANAGEMENT GROUP AS OF MARCH 31, 1998 AND FOR THE THREE MONTH PERIOD
THEN ENDED. (IN THOUSANDS)
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<DEBT-HELD-FOR-SALE>                           349,286
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       2,871
<MORTGAGE>                                           0
<REAL-ESTATE>                                      436
<TOTAL-INVEST>                                 382,992
<CASH>                                           1,232
<RECOVER-REINSURE>                                   2
<DEFERRED-ACQUISITION>                           1,259
<TOTAL-ASSETS>                                 467,375
<POLICY-LOSSES>                                277,721
<UNEARNED-PREMIUMS>                             33,350
<POLICY-OTHER>                                  15,400
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                 22,500
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,506
<OTHER-SE>                                     101,271
<TOTAL-LIABILITY-AND-EQUITY>                   467,375
<PREMIUMS>                                      24,076
<INVESTMENT-INCOME>                              5,171
<INVESTMENT-GAINS>                                   2
<OTHER-INCOME>                                     518
<BENEFITS>                                      19,393
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                             6,861
<INCOME-PRETAX>                                  3,513
<INCOME-TAX>                                       704
<INCOME-CONTINUING>                              2,809
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,809
<EPS-PRIMARY>                                      .80
<EPS-DILUTED>                                      .80
<RESERVE-OPEN>                                 239,151
<PROVISION-CURRENT>                             24,079
<PROVISION-PRIOR>                              (4,786)
<PAYMENTS-CURRENT>                               2,507
<PAYMENTS-PRIOR>                                 9,243
<RESERVE-CLOSE>                                277,721
<CUMULATIVE-DEFICIENCY>                              0