<TABLE> <S> <C>
<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANACIAL INFORMATION EXTRACTED FROM
THE QUARTERLY PERIOD ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETLY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000225648
<NAME> DANIELSON HOLDING CORPORATION
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<DEBT-HELD-FOR-SALE> 120,270
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 25,023
<MORTGAGE> 0
<REAL-ESTATE> 0
<TOTAL-INVEST> 151,749
<CASH> 42
<RECOVER-REINSURE> 20,685 <F1>
<DEFERRED-ACQUISITION> 3,129
<TOTAL-ASSETS> 196,593
<POLICY-LOSSES> 86,733
<UNEARNED-PREMIUMS> 19,703
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 803
<NOTES-PAYABLE> 0
0
0
<COMMON> 1,849
<OTHER-SE> 81,305 <F2>
<TOTAL-LIABILITY-AND-EQUITY> 196,593
31,009
<INVESTMENT-INCOME> 4,210
<INVESTMENT-GAINS> 4,090
<OTHER-INCOME> 502
<BENEFITS> 22,606
<UNDERWRITING-AMORTIZATION> 5,765
<UNDERWRITING-OTHER> 6,500
<INCOME-PRETAX> 4,844
<INCOME-TAX> 85
<INCOME-CONTINUING> 4,759
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 4,759
<EPS-BASIC> .26 <F3>
<EPS-DILUTED> .25 <F4>
<RESERVE-OPEN> 79,306
<PROVISION-CURRENT> 22,606
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 9,031
<PAYMENTS-PRIOR> 20,260
<RESERVE-CLOSE> 72,621
<CUMULATIVE-DEFICIENCY> (2,491)
<FN>
<F1> INCLUDES REINSURANCE RECOVERABLES ON UNPAID LOSSES OF 14,112 AND
REINSURANCE RECOVERABLES ON PAID LOSSES OF 6,573.
<F2> INCLUDES TREASURY STOCK OF (66).
<F3> REPRESENTS EARNINGS PER SHARE-BASIC.
<F4> REPRESENTS EARNINGS PERSHARE-DILUTED.
</FN>
</TABLE>