PENN AMERICA GROUP INC
10-Q, EX-27, 2000-11-14
SURETY INSURANCE
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<TABLE> <S> <C>

<ARTICLE>              7
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Consolidated  Balance  Sheet and Statement of Earnings at September 30, 2000 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK>                                      0000910110
<NAME>                                     Penn-America Group, Inc.
<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>                        116,527
<DEBT-CARRYING-VALUE>                        17,271
<DEBT-MARKET-VALUE>                               0
<EQUITIES>                                   24,914
<MORTGAGE>                                        0
<REAL-ESTATE>                                     0
<TOTAL-INVEST>                              158,712
<CASH>                                       14,284
<RECOVER-REINSURE>                           17,607
<DEFERRED-ACQUISITION>                       11,050
<TOTAL-ASSETS>                              229,803
<POLICY-LOSSES>                             105,484
<UNEARNED-PREMIUMS>                          43,687
<POLICY-OTHER>                                    0
<POLICY-HOLDER-FUNDS>                             0
<NOTES-PAYABLE>                                   0
                             0
                                       0
<COMMON>                                        101
<OTHER-SE>                                   72,708
<TOTAL-LIABILITY-AND-EQUITY>                229,803
                                   67,392
<INVESTMENT-INCOME>                           7,613
<INVESTMENT-GAINS>                           (1,177)
<OTHER-INCOME>                                    0
<BENEFITS>                                   56,445
<UNDERWRITING-AMORTIZATION>                  19,320
<UNDERWRITING-OTHER>                          5,062
<INCOME-PRETAX>                              (7,108)
<INCOME-TAX>                                 (2,951)
<INCOME-CONTINUING>                               0
<DISCONTINUED>                                    0
<EXTRAORDINARY>                                   0
<CHANGES>                                         0
<NET-INCOME>                                 (4,157)
<EPS-BASIC>                                   (0.54)
<EPS-DILUTED>                                 (0.54)
<RESERVE-OPEN>                                    0
<PROVISION-CURRENT>                               0
<PROVISION-PRIOR>                                 0
<PAYMENTS-CURRENT>                                0
<PAYMENTS-PRIOR>                                  0
<RESERVE-CLOSE>                                   0
<CUMULATIVE-DEFICIENCY>                           0


</TABLE>


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