GROUP


Policies in force December 31, 1966 _
Policies issued during 1967 _-----------------
 Total ----------------------------
Ceased to be in force during 1967
Policies in force December 31, 1967 -------
Losses and claims:
 Unpaid December 31, 1966
 Incurred during 1967
 Total ____________ -
 Settled during 1967
 Unpaid December 31, 1967 - -
Net premiums collected in Canal Zone during 1967:
 Life Insurance -
 Accident and Health
 Total _-----------------------
Premium tax paid in Canal Zone


1


 3
106
109
108


 $19,246.29
 523,531.02
 $542,777.31
 538,000.00
 $4,777.31

$1,896,330.07
 149,249.84
$2,045,579.91
 $30,683.40


 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,
1967.


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
 $3,399,686.55
 1,552,772.11
 0.00
 10,591,014.56
 24,095,464.76*
 1,172,479.55
$40,811,417.53


Amount of
 damage
 by fire
 $46,424.40
 365.00
 0.00
 15,550.38
 8,000.00*
 12,811.15
 $83,150.93


 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 corporations
under which insurance companies are authorized to do business in the
Canal Zone.

 CANAL ZONE CODE-Title 2, Chapter 61

 SEC. 871. Corporation; joint stock company.-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 the
United States or of a foreign country may not do business in the Canal Zone


Number Amount
 5 $101,756,353.00
 0 8,819,050.00
 5 $110,575,403.00
 0 501,951.00
 5 $110,073,452.00