<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from AmerUs Life Holdings, Inc. and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <DEBT-HELD-FOR-SALE> 2,376,246 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 64,089 <MORTGAGE> 236,644 <REAL-ESTATE> 4,495 <TOTAL-INVEST> 2,864,129 <CASH> 1,437 <RECOVER-REINSURE> 1,808 <DEFERRED-ACQUISITION> 164,392 <TOTAL-ASSETS> 4,412,047 <POLICY-LOSSES> 2,021,234 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 6,009 <POLICY-HOLDER-FUNDS> 60,078 <NOTES-PAYABLE> 79,325 <PREFERRED-MANDATORY> 86,000 <PREFERRED> 0 <COMMON> 23,156 <OTHER-SE> 480,414 <TOTAL-LIABILITY-AND-EQUITY> 4,412,047 <PREMIUMS> 18,205 <INVESTMENT-INCOME> 48,548 <INVESTMENT-GAINS> 5,259 <OTHER-INCOME> 2,613 <BENEFITS> 44,374 <UNDERWRITING-AMORTIZATION> 5,057 <UNDERWRITING-OTHER> 14,203 <INCOME-PRETAX> 20,146 <INCOME-TAX> 5,739 <INCOME-CONTINUING> 14,580 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,580 <EPS-PRIMARY> .63 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0