<TABLE> <S> <C>

<ARTICLE>                                           7
<LEGEND>
               This schedule contains summary financial information
               extracted from the condensed financial statements and
               related notes of Amerin Corporation and Subsidiaries for
               the nine months ended September 30, 1996 and is qualified
               in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                   1000
       
<S>                                            <C>
<PERIOD-TYPE>                                        9-MOS
<FISCAL-YEAR-END>                              Dec-31-1996
<PERIOD-START>                                 Jan-01-1996
<PERIOD-END>                                   Sep-30-1996
<DEBT-HELD-FOR-SALE>                               286,011
<DEBT-CARRYING-VALUE>                                    0
<DEBT-MARKET-VALUE>                                      0
<EQUITIES>                                               0
<MORTGAGE>                                               0
<REAL-ESTATE>                                            0
<TOTAL-INVEST>                                     311,701
<CASH>                                                 737
<RECOVER-REINSURE>                                       0
<DEFERRED-ACQUISITION>                               5,139
<TOTAL-ASSETS>                                     336,829
<POLICY-LOSSES>                                     15,375
<UNEARNED-PREMIUMS>                                 19,141
<POLICY-OTHER>                                           0
<POLICY-HOLDER-FUNDS>                                    0
<NOTES-PAYABLE>                                          0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                               260 <F1>
<OTHER-SE>                                         288,766
<TOTAL-LIABILITY-AND-EQUITY>                       336,829
<PREMIUMS>                                          43,557
<INVESTMENT-INCOME>                                 12,401
<INVESTMENT-GAINS>                                   (133)
<OTHER-INCOME>                                           0
<BENEFITS>                                          13,958
<UNDERWRITING-AMORTIZATION>                          6,120
<UNDERWRITING-OTHER>                                 7,865
<INCOME-PRETAX>                                     27,882
<INCOME-TAX>                                         7,909
<INCOME-CONTINUING>                                 19,973
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                        19,973
<EPS-PRIMARY>                                          .76
<EPS-DILUTED>                                          .76
<RESERVE-OPEN>                                           0 <F2>
<PROVISION-CURRENT>                                      0 <F2>
<PROVISION-PRIOR>                                        0 <F2>
<PAYMENTS-CURRENT>                                       0 <F2>
<PAYMENTS-PRIOR>                                         0 <F2>
<RESERVE-CLOSE>                                          0 <F2>
<CUMULATIVE-DEFICIENCY>                                  0 <F2>
<FN>
<F1>    Common stock at par value.
<F2>    Available on an annual basis only.
</FN>
        

</TABLE>