<ARTICLE> 7 <LEGEND> This Schedule contains summary financial information extracted from the Consolidated Financial Statements of Allmerica Financial Corporation as of March 31, 1999 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-31-1999 <PERIOD-END> MAR-31-1999 <DEBT-HELD-FOR-SALE> 8204 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 99 <MORTGAGE> 539 <REAL-ESTATE> 18 <TOTAL-INVEST> 9163 <CASH> 495 <RECOVER-REINSURE> 1204 <DEFERRED-ACQUISITION> 1224 <TOTAL-ASSETS> 28461 <POLICY-LOSSES> 2817 <UNEARNED-PREMIUMS> 861 <POLICY-OTHER> 2835 <POLICY-HOLDER-FUNDS> 2908 <NOTES-PAYABLE> 284 <PREFERRED-MANDATORY> 300 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 2387 <TOTAL-LIABILITY-AND-EQUITY> 28461 <PREMIUMS> 539 <INVESTMENT-INCOME> 159 <INVESTMENT-GAINS> 131 <OTHER-INCOME> 124 <BENEFITS> 502 <UNDERWRITING-AMORTIZATION> 93 <UNDERWRITING-OTHER> 151 <INCOME-PRETAX> 207 <INCOME-TAX> 49 <INCOME-CONTINUING> 158 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 154 <EPS-PRIMARY> 2.69 <EPS-DILUTED> 2.67 <RESERVE-OPEN> 2597 <PROVISION-CURRENT> 397 <PROVISION-PRIOR> (47) <PAYMENTS-CURRENT> 139 <PAYMENTS-PRIOR> 230 <RESERVE-CLOSE> 2613 <CUMULATIVE-DEFICIENCY> 0