WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 7 <CIK> 0000944148 <NAME> INTERNATIONAL ALLIANCE SERVICES <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR YEAR YEAR YEAR <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 DEC-31-1994 DEC-31-1993 DEC-31-1992 <PERIOD-START> JAN-01-1996 JAN-01-1995 JAN-01-1994 JAN-01-1993 JAN-01-1992 <PERIOD-END> DEC-31-1996 DEC-31-1995 DEC-31-1994 DEC-31-1993 DEC-31-1992 <DEBT-HELD-FOR-SALE> 35,471 33,153 24,885 0 2,379 <DEBT-CARRYING-VALUE> 15,481 15,309 20,129 35,296 6,648 <DEBT-MARKET-VALUE> 15,376 15,364 18,583 35,557 0 <EQUITIES> 9,213 5,426 1,765 1,657 1,545 <MORTGAGE> 3,685 3,393 2,960 1,548 350 <REAL-ESTATE> 0 0 0 0 0 <TOTAL-INVEST> 68,649 58,214 50,749 45,619 26,114 <CASH> 39,874 2,694 6,893 1,051 4,613 <RECOVER-REINSURE> 11,185<F1><F2> 12,647<F3><F4> 10,888<F5><F6> 10,114 194 <DEFERRED-ACQUISITION> 4,345 3,428 3,725 2,406 1,677 <TOTAL-ASSETS> 167,330 86,735 81,931 68,117 36,926 <POLICY-LOSSES> 41,099 37,002 34,661 29,528 14,107 <UNEARNED-PREMIUMS> 18,637 15,636 15,453 12,166 5,352 <POLICY-OTHER> 0 0 0 0 0 <POLICY-HOLDER-FUNDS> 0 0 0 0 0 <NOTES-PAYABLE> 3,211 47 503 830 897 <COMMON> 338 148 148 148 148 <PREFERRED-MANDATORY> 0 0 0 0 0 <PREFERRED> 0 0 0 0 0 <OTHER-SE> 90,984 26,620 23,432 18,253 12,883 <TOTAL-LIABILITY-AND-EQUITY> 167,330 86,735 81,932 68,117 36,926 <PREMIUMS> 27,743 26,962 23,368 17,373 11,534 <INVESTMENT-INCOME> 3,564 3,341 2,477 1,377 1,272 <INVESTMENT-GAINS> 1,529 166 80 (91) 210 <OTHER-INCOME> 2,933 470 1,385 1,737 269 <BENEFITS> 17,624 15,117 12,494 8,612 5,773 <UNDERWRITING-AMORTIZATION> 7,699 7,774 5,428 5,012 3,787 <UNDERWRITING-OTHER> 4,384 3,157 4,544 3,287 2,039 <INCOME-PRETAX> 6,062 4,891 4,844 3,485 2,123 <INCOME-TAX> 1,640 1,422 1,344 1,189 751 <INCOME-CONTINUING> 4,422 3,469 3,500 2,296 1,372 <DISCONTINUED> (38) 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 0 <CHANGES> 0 0 0 0 0 <NET-INCOME> 4,384 3,469 3,500 2,296 1,372 <EPS-PRIMARY> 0.21 0.20 0.20 0.14 0.08 <EPS-DILUTED> 0.16 0.20 0.20 0.14 0.08 <RESERVE-OPEN> 37,002 34,661 29,528 14,107 0 <PROVISION-CURRENT> 17,216 17,297 14,753 10,060 0 <PROVISION-PRIOR> 408 (2,180) (2,259) (1,447) 0 <PAYMENTS-CURRENT> 3,684 5,963 4,269 2,823 0 <PAYMENTS-PRIOR> 9,043 6,344 3,970 3,054 0 <RESERVE-CLOSE> 41,099 37,002 34,661 29,528 0 <CUMULATIVE-DEFICIENCY> 0 0 0 0 0 <FN> <F1>NET REINSURANCE RECOVERABLES JAN 1: 8,914 <F2>NET REINSURANCE RECOVERABLES DEC 31: 8,114 <F3>NET REINSURANCE RECOVERABLES JAN 1: 9,383 <F4>NET REINSURANCE RECOVERABLES DEC 31: 8,914 <F5>NET REINSURANCE RECOVERABLES JAN 1: 8,505 <F6>NET REINSURANCE RECOVERABLES DEC 31: 9,383 </FN>