<ARTICLE> 7
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAPSURE
HOLDING 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>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<DEBT-HELD-FOR-SALE>                           133,255
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       3,826
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                 246,906
<CASH>                                           2,370
<RECOVER-REINSURE>                               7,209
<DEFERRED-ACQUISITION>                          28,486
<TOTAL-ASSETS>                                 408,179
<POLICY-LOSSES>                                 40,009
<UNEARNED-PREMIUMS>                             70,276
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<COMMON>                                           781
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     118,414
<TOTAL-LIABILITY-AND-EQUITY>                   408,179
<PREMIUMS>                                      69,389
<INVESTMENT-INCOME>                             13,531
<INVESTMENT-GAINS>                               1,692
<OTHER-INCOME>                                       4
<BENEFITS>                                       8,211
<UNDERWRITING-AMORTIZATION>                     27,897
<UNDERWRITING-OTHER>                            18,735
<INCOME-PRETAX>                                 17,878
<INCOME-TAX>                                     6,796
<INCOME-CONTINUING>                             11,082
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,082
<EPS-PRIMARY>                                      .68
<EPS-DILUTED>                                      .68
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0