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_________


Nu mber Amount
 2 $127,530,710.00
 7 127,602.00
 9 $127,658,312.00
 0 (763,486.00)
 9 $128,421,798.00


 4
138


 Total -_--- _________ 142
 Settled during 1972- ________ 136
 Unpaid December 31, 1972 _______ 6
Net premiums collected in Canal Zone during 1972:
 Life Insurance..______ _______
 Accident and Health--------____ _-
 Total_ -------------------------------
Premium tax paid in Canal Zone ---------__ _


 $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