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The behavior and habits of the insect are largely affected by their interactions with parasitoids and their predators. It is estimated that a large part of all species interacts at some part of their life cycle with complex plant / insect / parasitoid dynamics. The parasitoid groups discussed in this article are tachinid flies and braconid wasps. The parasitoid wasps of the genus Cotesia are good models for the study of parasitoids. Tachinid flies represent approximately 20% of all parasitoid species. Multiparasitism is reported for Panama of a Hypercompe muzina larvae (Lepidoptera, Erebidae) by Cotesia congregata and parasitoid wasps of the Braconidae Family is reported for Panama, this interaction was observed in forests of Villas de Arraijan, Juan Demostenes Arosemena, Arraijan, Prov. Panama West and in vegetation of the central campus of the University of Panama. Eleven (11) plant species are reported as host plants for H. muzina larvae. Biological and ecological information on parasitoids and their host is provided for Panama and the region.