<TABLE> <S> <C>
<ARTICLE> 7
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-START> Jan-01-2000
<PERIOD-END> Jun-30-2000
<DEBT-HELD-FOR-SALE> 1,147,361
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 107,222
<MORTGAGE> 0
<REAL-ESTATE> 0
<TOTAL-INVEST> 1,427,371<F3>
<CASH> 250,029
<RECOVER-REINSURE> 743,521<F1>
<DEFERRED-ACQUISITION> 93,132
<TOTAL-ASSETS> 3,491,181
<POLICY-LOSSES> 2,050,332
<UNEARNED-PREMIUMS> 434,421
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 0
<NOTES-PAYABLE> 75,000
110,000
0
<COMMON> 1,689
<OTHER-SE> 437,783
<TOTAL-LIABILITY-AND-EQUITY> 3,491,181
288,264
<INVESTMENT-INCOME> 54,018
<INVESTMENT-GAINS> (375)
<OTHER-INCOME> 3,473
<BENEFITS> 206,494
<UNDERWRITING-AMORTIZATION> 81,047
<UNDERWRITING-OTHER> 34,780
<INCOME-PRETAX> 1,129
<INCOME-TAX> (2,560)
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 825
<CHANGES> 0
<NET-INCOME> 2,864
<EPS-BASIC> .18<F2>
<EPS-DILUTED> .18
<RESERVE-OPEN> 0
<PROVISION-CURRENT> 0
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 0
<PAYMENTS-PRIOR> 0
<RESERVE-CLOSE> 0
<CUMULATIVE-DEFICIENCY> 0
<FN>
1 Represents net reinsurance recoverable balances after offset of funds held
and reinsurance balances payable.
2 Represents basis earnings per share.
3 Total investments include investments held by managed syndicates of
$147,608 and other investments of $24,736.
</FN>
</TABLE>