<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ALLIED GROUP, INC.'S DECEMBER 31, 1995 FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY SUCH FINANCIAL STATEMENTS </LEGEND> <CIK> 0000774624 <NAME> ALLIED GROUP, INC. <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <EXCHANGE-RATE> 1.00000 <DEBT-HELD-FOR-SALE> 754,547 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 7,948 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 772,299 <CASH> 1,465 <RECOVER-REINSURE> 19,293 <DEFERRED-ACQUISITION> 41,688 <TOTAL-ASSETS> 1,010,598 <POLICY-LOSSES> 341,864 <UNEARNED-PREMIUMS> 196,461 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 39,465 <PREFERRED-MANDATORY> 0 <PREFERRED> 83,648 <COMMON> 9,445 <OTHER-SE> 258,493 <TOTAL-LIABILITY-AND-EQUITY> 1,010,598 <PREMIUMS> 455,499 <INVESTMENT-INCOME> 47,242 <INVESTMENT-GAINS> 505 <OTHER-INCOME> 49,519 <BENEFITS> 317,940 <UNDERWRITING-AMORTIZATION> 100,120 <UNDERWRITING-OTHER> 20,583 <INCOME-PRETAX> 73,848 <INCOME-TAX> 21,471 <INCOME-CONTINUING> 52,377 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 52,377 <EPS-PRIMARY> 4.910 <EPS-DILUTED> 3.520 <RESERVE-OPEN> 292,674 <PROVISION-CURRENT> 315,956 <PROVISION-PRIOR> 1,984 <PAYMENTS-CURRENT> 169,254 <PAYMENTS-PRIOR> 116,421 <RESERVE-CLOSE> 324,939 <CUMULATIVE-DEFICIENCY> (292)