<ARTICLE> 7
<LEGEND>
THE SCUEDULE CONTAINS SUMMARY FINANCIAL INFORMATION ETRACTED 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-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<DEBT-HELD-FOR-SALE>                           140,003
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       9,690
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                 247,410
<CASH>                                           1,781
<RECOVER-REINSURE>                               7,423
<DEFERRED-ACQUISITION>                          28,535
<TOTAL-ASSETS>                                 403,356
<POLICY-LOSSES>                                 41,945
<UNEARNED-PREMIUMS>                             71,204
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<COMMON>                                           770
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     265,062
<TOTAL-LIABILITY-AND-EQUITY>                   403,356
<PREMIUMS>                                      46,533
<INVESTMENT-INCOME>                              9,546
<INVESTMENT-GAINS>                               1,655
<OTHER-INCOME>                                       2
<BENEFITS>                                       6,197
<UNDERWRITING-AMORTIZATION>                     17,903
<UNDERWRITING-OTHER>                            12,552
<INCOME-PRETAX>                                 16,979
<INCOME-TAX>                                     6,454
<INCOME-CONTINUING>                             10,525
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,525
<EPS-PRIMARY>                                      .66
<EPS-DILUTED>                                      .66
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0