<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