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Previous: PXRE GROUP LTD, 10-Q, 2000-11-14 |
Next: IBASIS INC, 10-Q, 2000-11-14 |
<TABLE> <S> <C>
<ARTICLE> 7
<CIK> 0001091748
<NAME> PXRE GROUP LTD.
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<DEBT-HELD-FOR-SALE> 302,115,542
<DEBT-CARRYING-VALUE> 297,465,503
<DEBT-MARKET-VALUE> 297,465,503
<EQUITIES> 18,427,246
<MORTGAGE> 0
<REAL-ESTATE> 0
<TOTAL-INVEST> 490,123,991
<CASH> 23,877,643
<RECOVER-REINSURE> 124,589,520
<DEFERRED-ACQUISITION> 9,711,065
<TOTAL-ASSETS> 799,340,386
<POLICY-LOSSES> 276,920,851
<UNEARNED-PREMIUMS> 63,127,900
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 0
<NOTES-PAYABLE> 65,000,000
<COMMON> 11,793,548
0
0
<OTHER-SE> 239,554,693
<TOTAL-LIABILITY-AND-EQUITY> 799,340,386
119,889,291
<INVESTMENT-INCOME> 24,460,876
<INVESTMENT-GAINS> (589,828)
<OTHER-INCOME> 4,298,795
<BENEFITS> 111,470,052
<UNDERWRITING-AMORTIZATION> 25,782,598
<UNDERWRITING-OTHER> 26,627,682
<INCOME-PRETAX> (26,083,272)
<INCOME-TAX> (9,948,000)
<INCOME-CONTINUING> (16,135,272)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (16,135,272)
<EPS-BASIC> (1.42)
<EPS-DILUTED> (1.42)
<RESERVE-OPEN> 261,551,353
<PROVISION-CURRENT> 90,556,421
<PROVISION-PRIOR> 71,649,791
<PAYMENTS-CURRENT> 11,428,878
<PAYMENTS-PRIOR> 142,650,755
<RESERVE-CLOSE> 276,920,851
<CUMULATIVE-DEFICIENCY> 71,649,791
</TABLE>
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