<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