<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ALLIED GROUP, INC.'S SEPTEMBER 30, 1996 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY SUCH FINANCIAL STATMENTS </LEGEND> <CIK> 0000774624 <NAME> ALLIED GROUP, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 764,157 <DEBT-CARRYING-VALUE> 753,259 <DEBT-MARKET-VALUE> 0 <EQUITIES> 16,315 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 790,579 <CASH> 1,551 <RECOVER-REINSURE> 18,066 <DEFERRED-ACQUISITION> 46,523 <TOTAL-ASSETS> 1,046,184 <POLICY-LOSSES> 355,307 <UNEARNED-PREMIUMS> 219,746 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 36,157 <PREFERRED-MANDATORY> 0 <PREFERRED> 37,812 <COMMON> 13,553 <OTHER-SE> 301,115 <TOTAL-LIABILITY-AND-EQUITY> 1,046,184 <PREMIUMS> 364,229 <INVESTMENT-INCOME> 36,608 <INVESTMENT-GAINS> 65 <OTHER-INCOME> 39,737 <BENEFITS> 265,317 <UNDERWRITING-AMORTIZATION> 79,888 <UNDERWRITING-OTHER> 14,226 <INCOME-PRETAX> 50,606 <INCOME-TAX> 14,651 <INCOME-CONTINUING> 35,955 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 35,955 <EPS-PRIMARY> 2.570 <EPS-DILUTED> 2.410 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0