Standard & Poor’s Affirms Allianz Life’s AA (Very Strong) Rating

Dominant Position in the FIA Market and Well-Established Distribution Network Cited by Ratings Agency

MINNEAPOLIS – August 9, 2018 – Allianz Life Insurance Company of North America (Allianz Life®) announced today that Standard & Poor’s (S&P) has affirmed its AA (Very Strong) rating and offered a stable outlook for the company.

“Allianz Life has now maintained this high rating for over a decade,” said Walter White, president and CEO, Allianz Life. “This is yet another indicator of our ongoing strength and stability that allows us to maintain our promises to our customers today, tomorrow and for decades to come.”

In its report, S&P cited Allianz Life’s leadership position in the fixed index annuity market with nearly a 14-percent share at the end of 2017, in addition to its well-established distribution platform. The report also noted Allianz Life’s increasing market share in index variable annuities. Additionally, the report mentioned the strong brand recognition Allianz Life has achieved through its parent Allianz SE, as well as the substantial and consistent dividend contributions paid to its parent.

Allianz Life has maintained its AA (Very Strong) rating for the past 11 years. The AA (Very Strong) rating is the third highest of 21 possible ratings.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® and one of the Ethisphere 2020 World’s Most Ethical Companies®, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2019, Allianz Life provided additional value to its policyholders via distributions of more than $10.4 billion. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with over 147,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.