Charles C. Dockery, Donor - Page 11

                                        -11-                                          
          December 31, 1991, net of losses for retroceded policies, were as           
          follows:                                                                    

            Taxable year     Cumulative      Reserves for   Total expected            
               ending       claims paid1    unpaid losses2      losses3               
          Dec. 31, 1991      $3,473,000      $19,410,000      $22,883,000             
          Dec. 31, 1992      4,183,000       19,258,000       23,441,000              
          Dec. 31, 1993      9,348,000       14,094,000       23,442,000              
          Dec. 31, 1994      12,135,000      12,756,000       24,891,000              
          Dec. 31, 1995      16,939,000      6,908,000        23,847,000              


               1 Cumulative claims paid were obtained from part 1 of schedule P of    
          Crossroads' annual statements filed with the Departments of Insurance for the
          States of Florida and Louisiana for 1991 to 1995.  For each year, cumulative
          claims paid is the net of columns 5 and 6 for policy years before 1992.     
          Policy years after 1991 are excluded to obtain the relevant information for 
          reinsurance policies written as of Dec. 31, 1991.                           
               2 Reserves for unpaid losses were obtained from part 1 of schedule P of
          Crossroads' annual statements filed with the Departments of Insurance for the
          States of Florida and Louisiana for 1991 to 1995.  For each year, reserves for
          unpaid losses are the total of column 23 (column 22 for 1991 and 1992) reduced
          by reserves for policy years after 1991.  Policy years after 1991 are excluded
          to obtain the relevant information for reinsurance policies written as of Dec.
          31, 1991.                                                                   
               3 Total expected losses are the sum of cumulative claims paid and      
          reserves for unpaid losses.                                                 
               As of December 31, 1995, Crossroads' claims paid, reserves,            
          and total expected losses for reinsurance policies written as of            
          December 31, 1992, net of retroceded policies, were as follows:             
















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