<TABLE> <S> <C>
<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REPORT
ON FORM 10-Q OF IPC HOLDINGS, LTD. FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO THE FINANCIAL STATEMENTS (AND
THE NOTES THERETO) CONTAINED IN SUCH REPORT.
</LEGEND>
<MULTIPLIER> 1,000
<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> 507,013
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 70,957
<MORTGAGE> 0
<REAL-ESTATE> 0
<TOTAL-INVEST> 577,970
<CASH> 16,287
<RECOVER-REINSURE> 0
<DEFERRED-ACQUISITION> 4,316
<TOTAL-ASSETS> 652,931
<POLICY-LOSSES> 68,875
<UNEARNED-PREMIUMS> 35,928
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 0
<NOTES-PAYABLE> 0
0
0
<COMMON> 250
<OTHER-SE> 537,657
<TOTAL-LIABILITY-AND-EQUITY> 652,931
66,441
<INVESTMENT-INCOME> 23,271
<INVESTMENT-GAINS> 315
<OTHER-INCOME> 0
<BENEFITS> 44,790
<UNDERWRITING-AMORTIZATION> 8,353
<UNDERWRITING-OTHER> 7,089
<INCOME-PRETAX> 28,316
<INCOME-TAX> 0
<INCOME-CONTINUING> 28,316
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 28,316
<EPS-BASIC> 1.13
<EPS-DILUTED> 1.12
<RESERVE-OPEN> 0
<PROVISION-CURRENT> 0
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 0
<PAYMENTS-PRIOR> 0
<RESERVE-CLOSE> 0
<CUMULATIVE-DEFICIENCY> 0
</TABLE>