<TABLE> <S> <C>

<ARTICLE> 7

<S>                             <C>                     <C>                     <C>                     <C>
<C>
<PERIOD-TYPE>                   3-MOS                   3-MOS                   9-MOS                   9-MOS
YEAR
<FISCAL-YEAR-END>                          SEP-30-1999             SEP-30-1998             SEP-30-1999             SEP-30-1998
             DEC-31-1998
<PERIOD-END>                               SEP-30-1999             SEP-30-1998             SEP-30-1999             SEP-30-1998
             DEC-31-1998
<DEBT-HELD-FOR-SALE>                                 0                       0                 368,145                       0
               1,042,900
<DEBT-CARRYING-VALUE>                                0                       0                       0                       0
                       0
<DEBT-MARKET-VALUE>                                  0                       0                       0                       0
                       0
<EQUITIES>                                           0                       0                       0                       0
                       0
<MORTGAGE>                                           0                       0               1,558,357                       0
               1,600,283
<REAL-ESTATE>                                        0                       0                       0                       0
                       0
<TOTAL-INVEST>                                       0                       0               3,908,040                       0
               4,449,872
<CASH>                                               0                       0                  97,096                       0
                 171,822
<RECOVER-REINSURE>                                   0                       0              31,179,981                       0
              34,840,247
<DEFERRED-ACQUISITION>                               0                       0                  12,500                       0
                  50,000
<TOTAL-ASSETS>                                       0                       0              49,039,258                       0
              62,687,602
<POLICY-LOSSES>                                      0                       0               9,162,122                       0
              17,644,637
<UNEARNED-PREMIUMS>                                  0                       0              31,179,981                       0
              35,162,710
<POLICY-OTHER>                                       0                       0               2,446,377                       0
               2,882,411
<POLICY-HOLDER-FUNDS>                                0                       0                       0                       0
                       0
<NOTES-PAYABLE>                                      0                       0                       0                       0
                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
                       0
<PREFERRED>                                          0                       0               4,674,610                       0
               4,814,610
<COMMON>                                             0                       0                  29,438                       0
                  29,438
<OTHER-SE>                                           0                       0                  71,861                       0
                 353,157
<TOTAL-LIABILITY-AND-EQUITY>                         0                       0              49,039,258                       0
              62,687,602
<PREMIUMS>                                           0                       0               1,562,941                 233,671
               3,003,103
<INVESTMENT-INCOME>                                  0                       0                 147,583                 862,832
                 962,490
<INVESTMENT-GAINS>                                   0                       0                  97,593                  20,094
               (102,128)
<OTHER-INCOME>                                       0                       0               2,655,230               1,846,350
               5,175,569
<BENEFITS>                                           0                       0               1,541,288                       0
               2,630,017
<UNDERWRITING-AMORTIZATION>                          0                       0                 134,361                       0
                  24,837
<UNDERWRITING-OTHER>                                 0                       0               2,688,842               1,973,795
               5,055,280
<INCOME-PRETAX>                                      0                       0                (33,612)               (127,445)
                 120,289
<INCOME-TAX>                                         0                       0                 (7,181)                 127,629
                 511,794
<INCOME-CONTINUING>                                  0                       0                       0                       0
                       0
<DISCONTINUED>                                       0                       0                       0                       0
                       0
<EXTRAORDINARY>                                      0                       0                (26,431)               (255,074)
               (391,505)
<CHANGES>                                            0                       0                       0                       0
                       0
<NET-INCOME>                                         0                       0                (26,431)                (41,288)
               (177,719)
<EPS-BASIC>                                        0                       0                       0                       0
                       0
<EPS-DILUTED>                                        0                       0                       0                       0
                       0
<RESERVE-OPEN>                                       0                       0                       0                       0
                       0
<PROVISION-CURRENT>                                  0                       0                       0                       0
                       0
<PROVISION-PRIOR>                                    0                       0                       0                       0
                       0
<PAYMENTS-CURRENT>                                   0                       0                       0                       0
                       0
<PAYMENTS-PRIOR>                                     0                       0                       0                       0
                       0
<RESERVE-CLOSE>                                      0                       0                       0                       0
                       0
<CUMULATIVE-DEFICIENCY>                              0                       0                       0                       0
                       0


</TABLE>