<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet of Farmers Group, Inc. and subsidiaries as of
September 30, 1997 and the related consolidated statements of income, 
stockholder's equity and cash flows for the nine month period ended 
September 30, 1997 (unaudited) and is qualified in its entirety by 
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
        
       
                                       
<PERIOD-TYPE>                                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                         610,527
<SECURITIES>                                    90,810
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               843,128
<PP&E>                                         707,930
<DEPRECIATION>                                 231,376
<TOTAL-ASSETS>                              12,840,695
<CURRENT-LIABILITIES>                          139,768
<BONDS>                                              0
<PREFERRED-MANDATORY>                          500,000
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                   6,707,631
<TOTAL-LIABILITY-AND-EQUITY>                12,840,695
<SALES>                                              0
<TOTAL-REVENUES>                             1,504,332
<CGS>                                                0
<TOTAL-COSTS>                                  723,611
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              31,553
<INCOME-PRETAX>                                749,168
<INCOME-TAX>                                   307,912
<INCOME-CONTINUING>                            441,256
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   441,256
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0