<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created by RR Donnelley Tagger version 10.0.0.187; Copyright (C) RR Donnelley-->
<!--Based on XBRL 2.1-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsHeldToMaturityDetails" roleURI="http://amerisafe.com/role/DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsHeldToMaturityDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsAvailableForSaleDetails" roleURI="http://amerisafe.com/role/DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsAvailableForSaleDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#BalanceSheets" roleURI="http://amerisafe.com/role/BalanceSheets" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#BalanceSheetsParenthetical" roleURI="http://amerisafe.com/role/BalanceSheetsParenthetical" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#StatementsOfIncome" roleURI="http://amerisafe.com/role/StatementsOfIncome" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#StatementsOfCashFlows" roleURI="http://amerisafe.com/role/StatementsOfCashFlows" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#BasisOfPresentation" roleURI="http://amerisafe.com/role/BasisOfPresentation" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#InvestmentsDetails" roleURI="http://amerisafe.com/role/InvestmentsDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#FairValueMeasurementsDetails" roleURI="http://amerisafe.com/role/FairValueMeasurementsDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#FairValueMeasurementsDetails1" roleURI="http://amerisafe.com/role/FairValueMeasurementsDetails1" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#RecentlyIssuedAccountingPronouncementsDetailsTextual" roleURI="http://amerisafe.com/role/RecentlyIssuedAccountingPronouncementsDetailsTextual" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#FairValueMeasurementsDetailsTextual" roleURI="http://amerisafe.com/role/FairValueMeasurementsDetailsTextual" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsGrossUnrealizedGainsAndLossesAndFairValueOfInvestmentsClassifiedAsAvailableForSaleDetails" roleURI="http://amerisafe.com/role/DisclosureInvestmentsGrossUnrealizedGainsAndLossesAndFairValueOfInvestmentsClassifiedAsAvailableForSaleDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsInvestmentSecuritiesContinuousUnrealizedLossPositionDetails" roleURI="http://amerisafe.com/role/DisclosureInvestmentsInvestmentSecuritiesContinuousUnrealizedLossPositionDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#EarningsPerShareDetailsNew" roleURI="http://amerisafe.com/role/EarningsPerShareDetailsNew" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#StatementsOfComprehensiveIncome" roleURI="http://amerisafe.com/role/StatementsOfComprehensiveIncome" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#StatementOfChangesInShareholdersEquity" roleURI="http://amerisafe.com/role/StatementOfChangesInShareholdersEquity" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#IncomeTaxesDetails" roleURI="http://amerisafe.com/role/IncomeTaxesDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#RecentlyIssuedAccountingPronouncementsPolicies" roleURI="http://amerisafe.com/role/RecentlyIssuedAccountingPronouncementsPolicies" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DocumentDocumentAndEntityInformation" roleURI="http://amerisafe.com/role/DocumentDocumentAndEntityInformation" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureStockOptionsAndRestrictedStock" roleURI="http://amerisafe.com/role/DisclosureStockOptionsAndRestrictedStock" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureEarningsPerShare" roleURI="http://amerisafe.com/role/DisclosureEarningsPerShare" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestments" roleURI="http://amerisafe.com/role/DisclosureInvestments" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureIncomeTaxes" roleURI="http://amerisafe.com/role/DisclosureIncomeTaxes" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureComprehensiveIncome" roleURI="http://amerisafe.com/role/DisclosureComprehensiveIncome" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureFairValueMeasurements" roleURI="http://amerisafe.com/role/DisclosureFairValueMeasurements" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureTreasuryStock" roleURI="http://amerisafe.com/role/DisclosureTreasuryStock" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureVariableInterestEntities" roleURI="http://amerisafe.com/role/DisclosureVariableInterestEntities" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureRecentlyIssuedAccountingPronouncements" roleURI="http://amerisafe.com/role/DisclosureRecentlyIssuedAccountingPronouncements" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureEarningsPerShareTables" roleURI="http://amerisafe.com/role/DisclosureEarningsPerShareTables" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsTables" roleURI="http://amerisafe.com/role/DisclosureInvestmentsTables" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureFairValueMeasurementsTables" roleURI="http://amerisafe.com/role/DisclosureFairValueMeasurementsTables" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureBasisOfPresentationDetails" roleURI="http://amerisafe.com/role/DisclosureBasisOfPresentationDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureStockOptionsAndRestrictedStockDetails" roleURI="http://amerisafe.com/role/DisclosureStockOptionsAndRestrictedStockDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#DisclosureInvestmentsNarrativeDetails" roleURI="http://amerisafe.com/role/DisclosureInvestmentsNarrativeDetails" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#ComprehensiveIncomeDetailsTextual" roleURI="http://amerisafe.com/role/ComprehensiveIncomeDetailsTextual" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#TreasuryStockDetailsTextual" roleURI="http://amerisafe.com/role/TreasuryStockDetailsTextual" />
  <roleRef xlink:type="simple" xlink:href="amsf-20120930.xsd#VariableInterestEntitiesDetailsTextual" roleURI="http://amerisafe.com/role/VariableInterestEntitiesDetailsTextual" />
  <calculationLink xlink:role="http://amerisafe.com/role/DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsHeldToMaturityDetails" xlink:type="extended" xlink:title="06042 - Disclosure - Investments (Details 2)">
  </calculationLink>
  <calculationLink xlink:role="http://amerisafe.com/role/DisclosureInvestmentsSummaryOfCostOrAmortizedCostAndFairValueOfInvestmentsInFixedMaturitySecuritiesClassifiedAsAvailableForSaleDetails" xlink:type="extended" xlink:title="06043 - Disclosure - Investments (Details 3)">
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:label="amsf_AvailableForSaleSecuritiesDebtMaturities" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_634691465398688287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_634691465398688287" order="60" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_634691465398688287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_634691465398688287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_MortgageBackedSecuritiesFairValue" xlink:label="amsf_MortgageBackedSecuritiesFairValue" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_AvailableForSaleSecuritiesDebtMaturities" xlink:to="amsf_MortgageBackedSecuritiesFairValue" order="100" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_MortgageBackedSecuritiesAmortizedCost" xlink:label="amsf_MortgageBackedSecuritiesAmortizedCost" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="amsf_MortgageBackedSecuritiesAmortizedCost" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" order="10" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" order="5" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" order="2.5" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" order="1.25" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/BalanceSheetsParenthetical" xlink:title="0111 - Statement - Condensed Consolidated Balance Sheets (Parenthetical)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/BasisOfPresentation" xlink:title="0201 - Disclosure - Basis of Presentation" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/InvestmentsDetails" xlink:title="0604 - Disclosure - Investments (Details)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesFairValue_634691465398688287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnrecognizedHoldingLoss" xlink:label="us-gaap_HeldToMaturitySecuritiesUnrecognizedHoldingLoss_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesFairValue_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecuritiesUnrecognizedHoldingLoss_634691465398688287" order="60" use="optional" weight="-1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldtomaturitySecuritiesUnrecognizedHoldingGain" xlink:label="us-gaap_HeldtomaturitySecuritiesUnrecognizedHoldingGain_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesFairValue_634691465398688287" xlink:to="us-gaap_HeldtomaturitySecuritiesUnrecognizedHoldingGain_634691465398688287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="us-gaap_HeldToMaturitySecurities" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesFairValue_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecurities" order="30" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/BalanceSheets" xlink:title="0110 - Statement - Condensed Consolidated Balance Sheets">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets_634260943394743518" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Investments" xlink:label="us-gaap_Investments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_Investments_634691465396348287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="us-gaap_HeldToMaturitySecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Investments_634691465396348287" xlink:to="us-gaap_HeldToMaturitySecurities_634691465396348287" order="20" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Investments_634691465396348287" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtSecurities_634691465396348287" order="40" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesEquitySecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Investments_634691465396348287" xlink:to="us-gaap_AvailableForSaleSecuritiesEquitySecurities_634691465396348287" order="60" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="us-gaap_ShortTermInvestments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Investments_634691465396348287" xlink:to="us-gaap_ShortTermInvestments_634691465396348287" order="80" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="us-gaap_ReinsuranceRecoverables_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_ReinsuranceRecoverables_634691465396348287" order="60" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="us-gaap_PremiumsReceivableAtCarryingValue_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_PremiumsReceivableAtCarryingValue_634691465396348287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_DeferredTaxAssetsNet_634691465396348287" order="100" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="us-gaap_AccruedInvestmentIncomeReceivable_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_AccruedInvestmentIncomeReceivable_634691465396348287" order="120" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_634691465396348287" order="140" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="us-gaap_DeferredPolicyAcquisitionCosts_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_DeferredPolicyAcquisitionCosts_634691465396348287" order="160" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="us-gaap_IncomeTaxReceivable_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_IncomeTaxReceivable_634691465396348287" order="200" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Assets_634260943394743518" xlink:to="us-gaap_OtherAssets_634691465396348287" order="220" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_634260943394843662" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity_634260943394843662" xlink:to="us-gaap_Liabilities_634691465396348287" order="20" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReserveForLossesAndLossAdjustmentExpenses" xlink:label="us-gaap_ReserveForLossesAndLossAdjustmentExpenses_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_ReserveForLossesAndLossAdjustmentExpenses_634691465396348287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="us-gaap_UnearnedPremiums_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_UnearnedPremiums_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="us-gaap_ReinsurancePayable_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_ReinsurancePayable_634691465396348287" order="60" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_AmountsHeldForOthers" xlink:label="amsf_AmountsHeldForOthers_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="amsf_AmountsHeldForOthers_634691465396348287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PolicyholderContractDeposits" xlink:label="us-gaap_PolicyholderContractDeposits_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_PolicyholderContractDeposits_634691465396348287" order="100" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubordinatedDebt" xlink:label="us-gaap_SubordinatedDebt_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_SubordinatedDebt_634691465396348287" order="120" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_InsuranceRelatedAssessments" xlink:label="amsf_InsuranceRelatedAssessments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="amsf_InsuranceRelatedAssessments_634691465396348287" order="140" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentRelatedLiabilities" xlink:label="us-gaap_InvestmentRelatedLiabilities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_InvestmentRelatedLiabilities_634691465396348287" order="160" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Liabilities_634691465396348287" xlink:to="us-gaap_OtherLiabilities_634691465396348287" order="180" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity_634260943394843662" xlink:to="us-gaap_StockholdersEquity_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquity_634691465396348287" xlink:to="us-gaap_CommonStockValue_634691465396348287" order="20" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquity_634691465396348287" xlink:to="us-gaap_AdditionalPaidInCapital_634691465396348287" order="40" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquity_634691465396348287" xlink:to="us-gaap_TreasuryStockValue_634691465396348287" order="60" use="optional" weight="-1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquity_634691465396348287" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_634691465396348287" order="80" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquity_634691465396348287" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_634691465396348287" order="100" use="optional" weight="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/StatementsOfIncome" xlink:title="0120 - Statement - Condensed Consolidated Statements of Income (Unaudited)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="us-gaap_PremiumsWrittenNet_634261389682308507" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_GrossPremiumsWritten" xlink:label="amsf_GrossPremiumsWritten_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_PremiumsWrittenNet_634261389682308507" xlink:to="amsf_GrossPremiumsWritten_634691465396348287" order="20" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="us-gaap_CededPremiumsWritten_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_PremiumsWrittenNet_634261389682308507" xlink:to="us-gaap_CededPremiumsWritten_634691465396348287" order="40" use="optional" weight="-1" priority="3" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_634691465396348287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss_634691465396348287" xlink:to="us-gaap_IncomeTaxExpenseBenefit_634691465396348287" order="20" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss_634691465396348287" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="us-gaap_BenefitsLossesAndExpenses_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_634691465396348287" xlink:to="us-gaap_BenefitsLossesAndExpenses_634691465396348287" order="20" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_634691465396348287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_UnderwritingAndCertainOtherOperatingCosts" xlink:label="amsf_UnderwritingAndCertainOtherOperatingCosts_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="amsf_UnderwritingAndCertainOtherOperatingCosts_634691465396348287" order="40" use="optional" weight="1" priority="3" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InsuranceCommissions" xlink:label="us-gaap_InsuranceCommissions_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="us-gaap_InsuranceCommissions_634691465396348287" order="60" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="us-gaap_LaborAndRelatedExpense_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="us-gaap_LaborAndRelatedExpense_634691465396348287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="us-gaap_InterestExpense_634691465396348287" order="100" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PolicyholderDividends" xlink:label="us-gaap_PolicyholderDividends_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_BenefitsLossesAndExpenses_634691465396348287" xlink:to="us-gaap_PolicyholderDividends_634691465396348287" order="120" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_634691465396348287" xlink:to="us-gaap_Revenues_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="us-gaap_PremiumsEarnedNet_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Revenues_634691465396348287" xlink:to="us-gaap_PremiumsEarnedNet_634691465396348287" order="20" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="us-gaap_NetInvestmentIncome_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Revenues_634691465396348287" xlink:to="us-gaap_NetInvestmentIncome_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="us-gaap_RealizedInvestmentGainsLosses_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Revenues_634691465396348287" xlink:to="us-gaap_RealizedInvestmentGainsLosses_634691465396348287" order="60" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherIncome" xlink:label="us-gaap_OtherIncome_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_Revenues_634691465396348287" xlink:to="us-gaap_OtherIncome_634691465396348287" order="80" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/StatementsOfCashFlows" xlink:title="0150 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_634260944147826398" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_634260944147826398" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" order="20" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_NetIncomeLoss_634691465396348287" order="20" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherDepreciationAndAmortization" xlink:label="us-gaap_OtherDepreciationAndAmortization_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_OtherDepreciationAndAmortization_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:label="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_634691465396348287" order="60" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_634691465396348287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="us-gaap_RealizedInvestmentGainsLosses_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_RealizedInvestmentGainsLosses_634691465396348287" order="100" use="optional" weight="-1" priority="3" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_ShareBasedCompensation_634691465396348287" order="120" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="us-gaap_IncreaseDecreaseInPremiumsReceivable_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInPremiumsReceivable_634691465396348287" order="140" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_634691465396348287" order="160" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="us-gaap_IncreaseDecreaseInUnearnedPremiums_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInUnearnedPremiums_634691465396348287" order="180" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_IncreaseDecreaseReinsuranceBalances" xlink:label="amsf_IncreaseDecreaseReinsuranceBalances_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="amsf_IncreaseDecreaseReinsuranceBalances_634691465396348287" order="200" use="optional" weight="1" priority="2" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_IncreaseDecreaseAmountsHeldForOthersAndPolicyholderDeposits" xlink:label="amsf_IncreaseDecreaseAmountsHeldForOthersAndPolicyholderDeposits_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="amsf_IncreaseDecreaseAmountsHeldForOthersAndPolicyholderDeposits_634691465396348287" order="220" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable" xlink:label="us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable_634691465396348287" order="240" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_634691465396348287" order="260" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_634691465396348287" order="280" use="optional" weight="-1" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_634691465396348287" order="300" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_634260944147826398" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" order="40" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="us-gaap_PaymentsToAcquireHeldToMaturitySecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_PaymentsToAcquireHeldToMaturitySecurities_634691465396348287" order="20" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="us-gaap_PaymentsToAcquireAvailableForSaleSecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_PaymentsToAcquireAvailableForSaleSecurities_634691465396348287" order="40" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireShortTermInvestments" xlink:label="us-gaap_PaymentsToAcquireShortTermInvestments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_PaymentsToAcquireShortTermInvestments_634691465396348287" order="60" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_634691465396348287" order="80" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" xlink:label="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_634691465396348287" order="100" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_ProceedsFromSaleAndMaturityOfShortTermInvestments" xlink:label="amsf_ProceedsFromSaleAndMaturityOfShortTermInvestments_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="amsf_ProceedsFromSaleAndMaturityOfShortTermInvestments_634691465396348287" order="120" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities_634691465396348287" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_634691465396348287" order="140" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_634260944147826398" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" order="60" use="optional" weight="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" xlink:to="us-gaap_ProceedsFromStockOptionsExercised_634691465396348287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_634691465396348287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_634691465396348287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_634691465396348287" order="60" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfDebt" xlink:label="us-gaap_RepaymentsOfDebt" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities_634691465396348287" xlink:to="us-gaap_RepaymentsOfDebt" order="10" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities_634691465396348287" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" order="110" use="optional" weight="-1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/FairValueMeasurementsDetails" xlink:title="0607 - Disclosure - Fair Value Measurements (Details)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="us-gaap_AvailableForSaleSecurities_634691465398844287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_634691465398844287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecurities_634691465398844287" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtSecurities_634691465398844287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_AvailableForSaleEquitySecuritiesMeasuredAtFairValue" xlink:label="amsf_AvailableForSaleEquitySecuritiesMeasuredAtFairValue" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecurities_634691465398844287" xlink:to="amsf_AvailableForSaleEquitySecuritiesMeasuredAtFairValue" order="10" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/FairValueMeasurementsDetails1" xlink:title="06071 - Disclosure - Fair Value Measurements (Details 1)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/RecentlyIssuedAccountingPronouncementsDetailsTextual" xlink:title="0610 - Disclosure - Recently Issued Accounting Pronouncements (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/FairValueMeasurementsDetailsTextual" xlink:title="06072 - Disclosure - Fair Value Measurements (Details Textual)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureInvestmentsGrossUnrealizedGainsAndLossesAndFairValueOfInvestmentsClassifiedAsAvailableForSaleDetails" xlink:title="06041 - Disclosure - Investments (Details 1)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesFairValueDisclosure" xlink:label="us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_634691465398688287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLosses1" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLosses1_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_634691465398688287" xlink:to="us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLosses1_634691465398688287" order="60" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain" xlink:label="us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_634691465398688287" xlink:to="us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_634691465398688287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesAmortizedCost_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_634691465398688287" xlink:to="us-gaap_AvailableForSaleSecuritiesAmortizedCost_634691465398688287" order="20" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureInvestmentsInvestmentSecuritiesContinuousUnrealizedLossPositionDetails" xlink:title="06044 - Disclosure - Investments (Details 4)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_634691465398688287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_634691465398688287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_634691465398688287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses_634691465398688287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses_634691465398688287" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses_634691465398688287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses_634691465398688287" xlink:to="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses_634691465398688287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_SecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:label="amsf_SecuritiesContinuousUnrealizedLossPositionAggregateLosses" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_SecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="amsf_SecuritiesContinuousUnrealizedLossPositionFairValue" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses" xlink:label="amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_SecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:to="amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses" xlink:label="amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_SecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:to="amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses" order="10" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_SecuritiesContinuousUnrealizedLossPositionFairValue" xlink:to="amsf_ContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" order="20" use="optional" weight="-1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLonger" xlink:label="amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLonger" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="amsf_SecuritiesContinuousUnrealizedLossPositionFairValue" xlink:to="amsf_ContinuousUnrealizedLossPositionTwelveMonthsOrLonger" order="10" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/EarningsPerShareDetailsNew" xlink:title="0603 - Disclosure - Earnings Per Share (Details)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_634691465398532287" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_CommonSharesAttributableToRestrictedStock" xlink:label="amsf_CommonSharesAttributableToRestrictedStock" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_634691465398532287" xlink:to="amsf_CommonSharesAttributableToRestrictedStock" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_CommonSharesAttributableToEmployeeStockOptions" xlink:label="amsf_CommonSharesAttributableToEmployeeStockOptions" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_634691465398532287" xlink:to="amsf_CommonSharesAttributableToEmployeeStockOptions" order="10" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_634691465398532287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_634691465398532287" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_634691465398532287" order="5" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="amsf-20120930.xsd#amsf_IncrementalCommonSharesAttributableToLongTermIncentivePlan" xlink:label="amsf_IncrementalCommonSharesAttributableToLongTermIncentivePlan" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_634691465398532287" xlink:to="amsf_IncrementalCommonSharesAttributableToLongTermIncentivePlan" order="30" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/StatementsOfComprehensiveIncome" xlink:title="0130 - Statement - Condensed Consolidated Statements of Comprehensive Income (Unaudited)">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_634691465398688287" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_634691465398844287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax_634691465398688287" xlink:to="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_634691465398844287" order="20" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="loc_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax_634691465398688287" xlink:to="loc_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" order="40" use="optional" weight="1" priority="1" />
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_634691465398532287" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax_634691465398688287" xlink:to="us-gaap_NetIncomeLoss_634691465398532287" order="60" use="optional" weight="1" priority="1" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/StatementOfChangesInShareholdersEquity" xlink:title="0140 - Statement - Condensed Consolidated Statement of Changes in Shareholders' Equity (Unaudited)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/IncomeTaxesDetails" xlink:title="0605 - Disclosure - Income Taxes (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/RecentlyIssuedAccountingPronouncementsPolicies" xlink:title="0410 - Disclosure - Recently Issued Accounting Pronouncements (Policies)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DocumentDocumentAndEntityInformation" xlink:title="00 - Document - Document and Entity Information" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureStockOptionsAndRestrictedStock" xlink:title="0202 - Disclosure - Stock Options and Restricted Stock" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureEarningsPerShare" xlink:title="0203 - Disclosure - Earnings Per Share" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureInvestments" xlink:title="0204 - Disclosure - Investments" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureIncomeTaxes" xlink:title="0205 - Disclosure - Income Taxes" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureComprehensiveIncome" xlink:title="0206 - Disclosure - Comprehensive Income" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureFairValueMeasurements" xlink:title="0207 - Disclosure - Fair Value Measurements" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureTreasuryStock" xlink:title="0208 - Disclosure - Treasury Stock" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureVariableInterestEntities" xlink:title="0209 - Disclosure - Variable Interest Entities" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureRecentlyIssuedAccountingPronouncements" xlink:title="0210 - Disclosure - Recently Issued Accounting Pronouncements" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureEarningsPerShareTables" xlink:title="0503 - Disclosure - Earnings Per Share (Tables)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureInvestmentsTables" xlink:title="0504 - Disclosure - Investments (Tables)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureFairValueMeasurementsTables" xlink:title="0507 - Disclosure - Fair Value Measurements (Tables)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureBasisOfPresentationDetails" xlink:title="0601 - Disclosure - Basis of Presentation (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureStockOptionsAndRestrictedStockDetails" xlink:title="0602 - Disclosure - Stock Options and Restricted Stock (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/DisclosureInvestmentsNarrativeDetails" xlink:title="06045 - Disclosure - Investments (Details Textual)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/ComprehensiveIncomeDetailsTextual" xlink:title="0606 - Disclosure - Comprehensive Income (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/TreasuryStockDetailsTextual" xlink:title="0608 - Disclosure - Treasury Stock (Details)" />
  <calculationLink xlink:type="extended" xlink:role="http://amerisafe.com/role/VariableInterestEntitiesDetailsTextual" xlink:title="0609 - Disclosure - Variable Interest Entities (Details)" />
</linkbase>
