<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 entirely by reference to such consolidated financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 <PERIOD-START> APR-01-1997 JAN-01-1997 <PERIOD-END> JUN-30-1997 JUN-30-1997 <DEBT-HELD-FOR-SALE> 0 0 <DEBT-CARRYING-VALUE> 3,787,582 3,787,582 <DEBT-MARKET-VALUE> 3,787,582 3,787,582 <EQUITIES> 460,560 460,560 <MORTGAGE> 21,871 21,871 <REAL-ESTATE> 0 0 <TOTAL-INVEST> 4,383,657 4,383,657 <CASH> 19,338 19,338 <RECOVER-REINSURE> 175,149 175,149 <DEFERRED-ACQUISITION> 212,250 212,250 <TOTAL-ASSETS> 5,651,873 5,651,873 <POLICY-LOSSES> 2,854,688 2,854,688 <UNEARNED-PREMIUMS> 746,058 746,058 <POLICY-OTHER> 0 0 <POLICY-HOLDER-FUNDS> 0 0 <NOTES-PAYABLE> 299,607 299,607 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 304,500 304,500 <OTHER-SE> 1,112,459 1,112,459 <TOTAL-LIABILITY-AND-EQUITY> 5,651,873 5,651,873 <PREMIUMS> 429,821 853,097 <INVESTMENT-INCOME> 66,525 133,003 <INVESTMENT-GAINS> 9,756 19,443 <OTHER-INCOME> 4,208 6,671 <BENEFITS> 323,369 620,910 <UNDERWRITING-AMORTIZATION> 86,178 168,970 <UNDERWRITING-OTHER> 48,775 103,001 <INCOME-PRETAX> 51,988 119,333 <INCOME-TAX> 7,749 21,067 <INCOME-CONTINUING> 44,239 98,266 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 44,239 98,266 <EPS-PRIMARY> .74 1.64 <EPS-DILUTED> .74 1.64 <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