<TABLE> <S> <C>


<ARTICLE>                                           7
<LEGEND>
     (Replace this text with the legend)
</LEGEND>
<CIK>                                          0000925600
<NAME>                                         Goran Capital Inc.
<MULTIPLIER>                                   1
<CURRENCY>                                     US Dollars

<S>                                            <C>
<PERIOD-TYPE>                                  12-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   DEC-31-1999
<EXCHANGE-RATE>                                1
<DEBT-HELD-FOR-SALE>                           0
<DEBT-CARRYING-VALUE>                          177,171,000
<DEBT-MARKET-VALUE>                            171,616,000
<EQUITIES>                                     13,555,000
<MORTGAGE>                                     1,990,000
<REAL-ESTATE>                                  400,000
<TOTAL-INVEST>                                 220,740,000
<CASH>                                         3,173,000
<RECOVER-REINSURE>                             88,293,000
<DEFERRED-ACQUISITION>                         13,920,000
<TOTAL-ASSETS>                                 512,111,000
<POLICY-LOSSES>                                219,918,000
<UNEARNED-PREMIUMS>                            90,007,000
<POLICY-OTHER>                                 0
<POLICY-HOLDER-FUNDS>                          0
<NOTES-PAYABLE>                                16,929,000
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    135,000,000
<COMMON>                                       19,017,000
<OTHER-SE>                                     (37,078,000)
<TOTAL-LIABILITY-AND-EQUITY>                   512,111,000
<PREMIUMS>                                     276,040,000
<INVESTMENT-INCOME>                            13,418,000
<INVESTMENT-GAINS>                             65,000
<OTHER-INCOME>                                 15,791,000
<BENEFITS>                                     276,633,000
<UNDERWRITING-AMORTIZATION>                    2,687,000
<UNDERWRITING-OTHER>                           98,570,000
<INCOME-PRETAX>                                (72,576,000)
<INCOME-TAX>                                   1,248,000
<INCOME-CONTINUING>                            (73,824,000)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (62,373,000)
<EPS-BASIC>                                    (10.61)
<EPS-DILUTED>                                  (10.61)
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<PROVISION-CURRENT>                            237,817,000
<PROVISION-PRIOR>                              38,816,000
<PAYMENTS-CURRENT>                             167,262,000
<PAYMENTS-PRIOR>                               117,293,000
<RESERVE-CLOSE>                                219,918,000
<CUMULATIVE-DEFICIENCY>                        38,816,000



</TABLE>