<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet of Farmers Group, Inc. and subsidiaries as of
March 31, 1999 and the related consolidated statements of income, 
comprehensive income, stockholders' equity and cash flows for the three
month period ended March 31, 1999 (unaudited) and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
        
       
                                       
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                         389,374
<SECURITIES>                                    74,612
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               711,331
<PP&E>                                         710,814
<DEPRECIATION>                                 297,694
<TOTAL-ASSETS>                              12,809,743
<CURRENT-LIABILITIES>                          500,533
<BONDS>                                              0
<PREFERRED-MANDATORY>                          500,000
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                   7,046,728
<TOTAL-LIABILITY-AND-EQUITY>                12,809,743
<SALES>                                              0
<TOTAL-REVENUES>                               802,153
<CGS>                                                0
<TOTAL-COSTS>                                  537,459
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              10,518
<INCOME-PRETAX>                                254,176
<INCOME-TAX>                                    99,131
<INCOME-CONTINUING>                            155,045
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   155,045
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0