<ARTICLE> 7 <CIK> 0001013564 <NAME> Farm Family Holdings, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Dec-31-1997 <DEBT-HELD-FOR-SALE> 259,199 <DEBT-CARRYING-VALUE> 8,855 <DEBT-MARKET-VALUE> 9,194 <EQUITIES> 4,521 <MORTGAGE> 1,660 <REAL-ESTATE> 0 <TOTAL-INVEST> 280,431 <CASH> 5,841 <RECOVER-REINSURE> 12,343 <DEFERRED-ACQUISITION> 12,613 <TOTAL-ASSETS> 368,278 <POLICY-LOSSES> 156,622 <UNEARNED-PREMIUMS> 66,069 <POLICY-OTHER> 11,828 <POLICY-HOLDER-FUNDS> 129,927 <NOTES-PAYABLE> 1,268 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 53 <OTHER-SE> 7,392 <TOTAL-LIABILITY-AND-EQUITY> 368,278 <PREMIUMS> 149,220 <INVESTMENT-INCOME> 18,077 <INVESTMENT-GAINS> 5,406 <OTHER-INCOME> 1,020 <BENEFITS> 103,301 <UNDERWRITING-AMORTIZATION> 41,787 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 28,251 <INCOME-TAX> 9,747 <INCOME-CONTINUING> 18,504 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,504 <EPS-PRIMARY> 3.52 <EPS-DILUTED> 3.51 <RESERVE-OPEN> 141,220 <PROVISION-CURRENT> 107,273 <PROVISION-PRIOR> (3,972) <PAYMENTS-CURRENT> 49,858 <PAYMENTS-PRIOR> 40,258 <RESERVE-CLOSE> 156,622 <CUMULATIVE-DEFICIENCY> 3,972