<ARTICLE> 7 <LEGEND> Exhibit 27 RISCORP, INC. AND SUBSIDIARIES Financial Data Schedule As of and for the three month period ended March 31, 1999 (Unaudited) (in thousands) THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS AS OF AND FOR THE PERIOD ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999<F1><F2><F3> <DEBT-HELD-FOR-SALE> 74,984 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 74,984 <CASH> 26,752 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 123,286 <POLICY-LOSSES> 0 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 386 <OTHER-SE> 94,309 <TOTAL-LIABILITY-AND-EQUITY> 123,286 <PREMIUMS> 0 <INVESTMENT-INCOME> 1,799 <INVESTMENT-GAINS> 0 <OTHER-INCOME> 0 <BENEFITS> 0 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> (839) <INCOME-TAX> 0 <INCOME-CONTINUING> (839) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (839) <EPS-PRIMARY> (.02) <EPS-DILUTED> (.02) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Net investment income is reported net of any realized gains and losses in the Statement of Income. <F2>Financial Data Schedule information for the year ending December 31, 1998 is incorporated by reference herein to FORM 10-K annual report as filed with the Securities and Exchange Commission by the Company on March 23, 1999. <F3>Amounts inapplicable or not disclosed as a separate line on the Statement of Financial Position or Results of Operations are reported as 0 herein. </FN>