WARWICK INSURANCE MANAGERS INC &lt;WIMI> 4TH QTR

  Oper shr 17 cts vs 19 cts
      Oper net 636,000 vs 358,000
      Revs 10.6 mln vs 7,024,000
      Avg shrs 3,808,000 vs 1,924,000
      Year
      Oper shr 73 cts vs 65 cts
      Oper net 2,467,000 vs 1,199,000
      Revs 31.5 mln vs 22.9 mln
      Avg shrs 3,372,000 vs 1,785,000
      NOTE: Net excludes investment gains 20,000 dlrs vs 86,000
  dlrs in quarter and 586,000 dlrs vs 195,000 dlrs in year.
      1985 year net excludes 304,000 dlr tax credit.
      Share adjusted for one-for-two reverse split in November
  1985.
  

