FEDERATED INSURANCE SERIES
NSAR-A, EX-27, 2000-08-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000912577
<NAME>                            Federated Insurance Series
<SERIES>
     <NUMBER>                     07
     <NAME>                       Federated Growth Strategies Fund II

<S>                               <C>
<PERIOD-TYPE>                     6-MOS
<FISCAL-YEAR-END>                 Dec-31-2000
<PERIOD-END>                      Jun-30-2000
<INVESTMENTS-AT-COST>             103,833,336
<INVESTMENTS-AT-VALUE>            149,943,568
<RECEIVABLES>                     1,230,287
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              630
<TOTAL-ASSETS>                    151,174,485
<PAYABLE-FOR-SECURITIES>          1,104,068
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         10,416
<TOTAL-LIABILITIES>               1,114,484
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          99,621,773
<SHARES-COMMON-STOCK>             5,319,811
<SHARES-COMMON-PRIOR>             4,292,241
<ACCUMULATED-NII-CURRENT>         (308,463)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           4,636,459
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          46,110,232
<NET-ASSETS>                      150,060,001
<DIVIDEND-INCOME>                 203,117
<INTEREST-INCOME>                 101,848
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (613,428)
<NET-INVESTMENT-INCOME>           (308,463)
<REALIZED-GAINS-CURRENT>          4,838,941
<APPREC-INCREASE-CURRENT>         (8,993,567)
<NET-CHANGE-FROM-OPS>             (4,463,089)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         0
<DISTRIBUTIONS-OF-GAINS>          (10,631,541)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,056,247
<NUMBER-OF-SHARES-REDEEMED>       (343,406)
<SHARES-REINVESTED>               314,729
<NET-CHANGE-IN-ASSETS>            17,496,693
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         10,429,059
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             538,477
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   685,679
<AVERAGE-NET-ASSETS>              144,382,944
<PER-SHARE-NAV-BEGIN>             30.880
<PER-SHARE-NII>                   (0.060)
<PER-SHARE-GAIN-APPREC>           (0.300)
<PER-SHARE-DIVIDEND>              0.000
<PER-SHARE-DISTRIBUTIONS>         (2.310)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               28.210
<EXPENSE-RATIO>                   0.86
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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