<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the consolidated financial statements of American States Financial Corporation and Subsidiaries and is qualified in its entirety by reference to such consolidated financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 <PERIOD-START> JUL-01-1996 JAN-01-1996 <PERIOD-END> SEP-30-1996 SEP-30-1996 <DEBT-HELD-FOR-SALE> 3,688,524 3,688,524 <DEBT-CARRYING-VALUE> 0 0 <DEBT-MARKET-VALUE> 0 0 <EQUITIES> 411,913 411,913 <MORTGAGE> 33,524 33,524 <REAL-ESTATE> 0 0 <TOTAL-INVEST> 4,281,110 4,281,110 <CASH> 21,047 21,047 <RECOVER-REINSURE> 172,002 172,002 <DEFERRED-ACQUISITION> 208,754 208,754 <TOTAL-ASSETS> 5,524,495 5,524,495 <POLICY-LOSSES> 2,897,081 2,897,081 <UNEARNED-PREMIUMS> 732,477 732,477 <POLICY-OTHER> 0 0 <POLICY-HOLDER-FUNDS> 0 0 <NOTES-PAYABLE> 299,462 299,462 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 304,792 304,792 <OTHER-SE> 957,333 957,333 <TOTAL-LIABILITY-AND-EQUITY> 5,524,495 5,524,495 <PREMIUMS> 407,067 1,255,544 <INVESTMENT-INCOME> 67,031 201,520 <INVESTMENT-GAINS> 2,531 31,001 <OTHER-INCOME> 0 0 <BENEFITS> 299,874 955,779 <UNDERWRITING-AMORTIZATION> 82,368 254,413 <UNDERWRITING-OTHER> 43,507 138,309 <INCOME-PRETAX> 45,596 132,446 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 40,429 117,101 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 40,429 117,101 <EPS-PRIMARY> .67 2.14 <EPS-DILUTED> .67 2.14 <RESERVE-OPEN> 0 0 <PROVISION-CURRENT> 0 0 <PROVISION-PRIOR> 0 0 <PAYMENTS-CURRENT> 0 0 <PAYMENTS-PRIOR> 0 0 <RESERVE-CLOSE> 0 0 <CUMULATIVE-DEFICIENCY> 0 0