5. REINSURANCE
The Company assumes and cedes reinsurance with Prudential. The effect of the
reinsurance for the years ended December 31, is summarized as follows:
1997 1996 1995
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LIFE INSURANCE PREMIUMS (In Thousands)
Gross Amount $ 1,117 $ 1,345 $ 1,053
Ceded to other companies (12) - (11)
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NET AMOUNT $ 1,105 $ 1,345 $ 1,042
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1997 1996 1995
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LIFE INSURANCE IN FORCE (In Thousands)
Gross Amount $ 8,325,544 $ 8,599,647 $ 8,873,763
Ceded to other companies (1,808) (1,831) (1,818)
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NET AMOUNT $ 8,323,736 $ 8,597,816 $ 8,871,945
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