Exhibit 23(b)


                         CONSENT OF INDEPENDENT AUDITORS



The Board of Directors
AmerUs Life Holdings, Inc.:


We consent to the use of our report incorporated herein by reference.



                                        /s/ KPMG Peat Marwick LLP
                                        ----------------------------
                                            KPMG Peat Marwick LLP


Des Moines, Iowa
July 25, 1997