<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAPSURE HOLDINGS CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES AND SCHEDULES THERETO INCLUDED IN THIS ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <DEBT-HELD-FOR-SALE> 235,718 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 27,753 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 304,555 <CASH> 3,001 <RECOVER-REINSURE> 40,097 <DEFERRED-ACQUISITION> 27,057 <TOTAL-ASSETS> 514,768 <POLICY-LOSSES> 126,061 <UNEARNED-PREMIUMS> 76,781 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 25,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 770 <OTHER-SE> 256,534 <TOTAL-LIABILITY-AND-EQUITY> 514,768 <PREMIUMS> 98,692 <INVESTMENT-INCOME> 20,471 <INVESTMENT-GAINS> (1,653) <OTHER-INCOME> 6 <BENEFITS> (7,451) <UNDERWRITING-AMORTIZATION> 35,759 <UNDERWRITING-OTHER> 25,553 <INCOME-PRETAX> 40,251 <INCOME-TAX> 19,721 <INCOME-CONTINUING> 20,530 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 20,530 <EPS-PRIMARY> 1.33 <EPS-DILUTED> 1.29 <RESERVE-OPEN> 149,041 <PROVISION-CURRENT> 34,073 <PROVISION-PRIOR> (34,559) <PAYMENTS-CURRENT> 4,150 <PAYMENTS-PRIOR> 18,344 <RESERVE-CLOSE> 126,061 <CUMULATIVE-DEFICIENCY> 34,559