AMERICAN DEFENDER LIFE INSURANCE COMPANY


 ORDINARY

Policies in force December 31, 1973 ---------------
Policies issued during 1974---------------------
 Total---------------------
Ceased to be in force during 1974 ----------
Policies in force December 31, 1974 ----------
Losses and claims:
 Unpaid December 31, 1973 .... ------ ---
 Incurred during 1974--------------------
 Total -----------------------
 Settled during 1974 --------------
 Unpaid December 31,1974

 GROUP-None
Net premiums collected in Canal Zone during 1974:


Number
 36
 51
 87
 22
 65

 0
 0
 0
 0
 0


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


AMERICAN FIDELITY LIFE INSURANCE COMPANY

 (No transactions in Canal Zone during 1974)


 Amount
$1,563,506.00
1,381,167.00
$2,944,673.00
1,268,282.00
$1,676,391.00

 $0.00
 0.00
 $0.00
 0.00
 $0.00




 $20,943.00
 0.00
 $20,943.00
 $314.14