GRouP


Policies in force December 31, 1971 ____ ----
Policies issued during 1972 _----------------
 Total
Ceased to be in force during 1972- _-----
Policies in force December 31, 1972
Losses and claims:
 Unpaid December 31, 1971
 Incurred during 1972 ____
 Total ------------------
 Settled during 1972 --_----
 Unpaid December 31, 1972_
Net premiums collected in Canal Zone during 1972:


Nu mber
 2
 7
 9
 0
 9

 4
 138
 142
 136
 6


 Life Insurance
 Accident and Health- ------------------------
 Total ---------------------------------
Premium tax paid in Canal Zone


 Amount
$127,530,710.00
 127,602.00
$127,658,312.00
 (763,486.00)
$128,421,798.00

 $33,000.00
 692,000.00
 $725,000.00
 680,000.00
 $45,000.00

 $1,534,565.61
 123,083.45
 $1,657,649.06
 $24,864.73


 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
or maintain an office therein until it has filed with the executive secretary of
the Canal Zone Government:
 (1) An application for a license setting forth:
 A. The name of the corporation;
 B. The names of its officers and directors; and
 C. The general nature of the business in which it desires to
 engage in the Canal Zone;
 (2) A copy, duly certified by the officer authorized by law to certify
 it, of the:
 A. Articles of incorporation;
 B. Charter; or