<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the 
interim consolidated balance sheet and income statement of Allmerica 
Financial Corporation as of March 31, 1998 and for the period then ended,
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                           
<PERIOD-TYPE>                 3-MOS
<FISCAL-YEAR-END>             DEC-31-1998
<PERIOD-END>                  MAR-31-1998
<DEBT-HELD-FOR-SALE>          7552
<DEBT-CARRYING-VALUE>            0
<DEBT-MARKET-VALUE>              0
<EQUITIES>                     514
<MORTGAGE>                     542
<REAL-ESTATE>                   38
<TOTAL-INVEST>                8924
<CASH>                         212
<RECOVER-REINSURE>            1095
<DEFERRED-ACQUISITION>        1000
<TOTAL-ASSETS>               24512
<POLICY-LOSSES>               2604
<UNEARNED-PREMIUMS>            847
<POLICY-OTHER>                2832
<POLICY-HOLDER-FUNDS>         2087
<NOTES-PAYABLE>                242
<PREFERRED-MANDATORY>          300
<PREFERRED>                      0
<COMMON>                         1
<OTHER-SE>                    2468
<TOTAL-LIABILITY-AND-EQUITY> 24512
<PREMIUMS>                     578
<INVESTMENT-INCOME>            155
<INVESTMENT-GAINS>              29
<OTHER-INCOME>                 102
<BENEFITS>                     507
<UNDERWRITING-AMORTIZATION>    117
<UNDERWRITING-OTHER>           141
<INCOME-PRETAX>                 99
<INCOME-TAX>                    24
<INCOME-CONTINUING>             75
<DISCONTINUED>                   0
<EXTRAORDINARY>                  0
<CHANGES>                        0
<NET-INCOME>                    67
<EPS-PRIMARY>                 1.11
<EPS-DILUTED>                 1.11
<RESERVE-OPEN>                2615
<PROVISION-CURRENT>            396
<PROVISION-PRIOR>              (29)
<PAYMENTS-CURRENT>             116
<PAYMENTS-PRIOR>               260
<RESERVE-CLOSE>               2605
<CUMULATIVE-DEFICIENCY>          0