GRouP


Policies in force December 31, 1962
Policies issued during 1963
 Total
Ceased to be in force during 1963
Policies in force December 31, 1963
Losses and claims:
 Unpaid December 31, 1962
 Incurred during 1963_
 Total
 Settled during 1963
 Unpaid December 31, 1963

Net premiums collected in Canal Zone during 1963:
 Life Insurance
 Accident and Health
 Total -
Premium tax paid in Canal Zone


Number .\,,..i,it
 11 $4S7.N "A. I1i
 1 .'1 .44-1-1 '.
 12 $ .' r, 7 17 II
 2 $ ` -' 7 t- I
 10 $7 : 1 .-147 tl

 17 1 *-\- 1 1 i
 70 -' :A; I II II itI
 70 I. ,
 87 -.7 I.iiiinin

 3 *: I 111111 lIII


 ; ;.. :il 1 I
 I 41- n i t .

 :  l7 '1.1


 The relatively small amount of fire insurance business written is due to the
fact that practically all structures in the Canal Zone are owned by the
Government of the United States and are not covered by fire insurance.
 Following is a statement of property in the Canal Zone involved in fires
and the damages resulting therefrom during the year ended December 31,
1963:


Panama Canal Company_
Canal Zone Government
Other U.S. Government
U.S. Armed Forces
Ships in Canal waters
Private property other than above
 Total
 'Complete figures unavailable.


 Value of
 property
 involved
$13,016,355.20
 3,219,323.79
 0.00
 14,228,422.37
 12,321,275.000
 1,299,571.38
 844,084,947.74


Amount of
 damage
 by fire
 $5,785.56
 60.00
 0.00
 5,107.21
 6,460.00'
 8,282.00
825,694.77


 The following is an extract from Title 2 of the Canal Zone Code, as revised
effective January 2, 1963, pertaining to the licensing of foreign corporation;
under which insurance companies are authorized to do business in th..
Canal Zone.

 CANAL ZONE CODE-Title 2, Chapter 61

 SEC. 871. Corporation; joint stock conmpany.-As used in this chapter
"corporation" includes joint stock companies.
 SEC. 872. Application for license to do business; service of process
filing fee.-(a) A corporation organized under the laws of a State of th,.-
United States or of a foreign country may not do business in the Canal Zon,