Allianz Life Insurance Company Ratings and Review
Founded in 1896 and based in Minneapolis, Minnesota, Allianz Life Insurance Company of North America is a leading provider of retirement and protection solutions, including fixed and variable annuities, and life insurance for individuals sold through a network of independent financial professionals.
Life Insurance and annuity products are issued by Allianz Life Insurance Company of North America. Variable annuities are distributed by its affiliate, Allianz Life Financial Services, LLC, Member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416.
Allianz Contact Information:
P.O. Box 1344
Minneapolis, MN 55416-1297
Telephone: (800) 950-5872
www.allianzlife.com
Allianz Life - A Top Index Annuity Company
Allianz Life Insurance Company was #1 in U.S. Individual Fixed Index Annuity Sales from 2016 to 2019 and they finished in the #2 spot in 2020.
| Annuity Company | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Allianz | 2 | 1 | 1 | 1 | 1 |
| Athene | 1 | 2 | 2 | 2 | 3 |
| AIG | 3 | 3 | 4 | 4 | 5 |
| Nationwide | 7 | 4 | 3 | 3 | 7 |
| American Equity | 9 | 5 | 6 | 6 | 2 |
Allianz Ratings
Allianz Life is rated A+ by A.M. Best they have a Comdex Score of 94; placing them in the 94th percentile of all rated companies. The below table lists all of Allianz Life’s financial ratings as well as their total assets and liabilities.
| Allianz Life | Rating |
|---|---|
| 5701 Golden Hills Dr., Minneapolis, MN 55416 | |
| A.M. Best Rating | A+ |
| Moody's (21 rankings) | A1 (5) |
| Comdex (percentile of all rated companies) | 94 |
| Standard & Poor's (20 Possible Ratings) | AA (3) |
Allianz Annuity Rates
The below table lists the best performing Allianz Annuity and index annuity crediting strategy based on historical backtesting that was completed using Annuities Genius Software.
The “Recent” column lists the average annual rate of return for the most recent 10-year period, the average return during the best 10 year period, and the worst column represents the average return during the lowest 10 year period.
Backtesting was done from 2000 to 2020.
| Allianz Best Performing Stock Market Index and Crediting Strategies | Recent | Best | Worst |
|---|---|---|---|
| Allianz Core Income 7 Annuity 2-Year Bloomberg US Dynamic Balance II ER PTP Participation 7 surrender yrs Rider fee: 1.25% Reset: Biennial Bloomberg US Dynamic Balance II (ER) | 7.83% | 9.10% | 5.84% |
| Allianz Core Income 7 Annuity 1-Year Bloomberg US Dynamic Balance II ER PTP Participation 7 surrender yrs Rider fee: 1.25% Reset: Annual Bloomberg US Dynamic Balance II (ER) | 6.30% | 7.09% | 4.84% |
| Allianz 360 Annuity 2-Year Bloomberg US Dynamic Balance II ER PTP Participation 10 surrender yrs Rider fee: 1.3% Reset: Biennial Bloomberg US Dynamic Balance II (ER) | 6.09% | 7.09% | 4.53% |
| Allianz Core Income 7 Annuity 1-Year Bloomberg US Dynamic Balance II PTP Spread 7 surrender yrs Rider fee: 1.25% Reset: Annual Bloomberg US Dynamic Balance II | 5.24% | 5.96% | 3.96% |
| Allianz 360 Annuity 2-Year PIMCO Tactical Balanced ER PTP Participation Rate 10 surrender yrs Rider fee: 1.3% Reset: Biennial PIMCO Tactical Balanced (ER) | 4.90% | 6.00% | 4.33% |
| Allianz Core Income 7 Annuity 1-Year Bloomberg US Dynamic Balance II PTP Cap 7 surrender yrs Rider fee: 1.25% Reset: Annual Bloomberg US Dynamic Balance II | 4.76% | 5.45% | 4.69% |
| Allianz 360 Annuity 1-Year Bloomberg US Dynamic Balance II PTP Spread 10 surrender yrs Rider fee: 1.3% Reset: Annual Bloomberg US Dynamic Balance II | 4.57% | 5.20% | 3.29% |
| Allianz 360 Annuity 1-Year S&P 500 PT P Monthly Sum Cap 10 surrender yrs Rider fee: 1.3% Averaging: Monthly sum Reset: Annual S&P 500® Index | 4.53% | 4.53% | 2.23% |
| Allianz 360 Annuity 1-Year Bloomberg US Dynamic Balance II ER PTP Participation 10 surrender yrs Rider fee: 1.3% Reset: Annual Bloomberg US Dynamic Balance II (ER) | 4.43% | 4.98% | 3.39% |
| Allianz 360 Annuity 1-Year Nasdaq-100 PT P Monthly Sum Cap 10 surrender yrs Rider fee: 1.3% Averaging: Monthly sum Reset: Annual Nasdaq-100 | 4.24% | 4.58% | 2.26% |
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Allianz Life Assets and Liabilities
The two graphs below are intended to give you an idea of where Allianz Life invests its money and how well those investments are doing. The pie chart on the left shows their invested asset distribution and as you can see just under 80% is invested in bonds. The bar chart on the right shows their 5-year investment yields going back to 2014.
Allianz Life Insurance’s 5 Year Investment Yields
In the chart below you can see Allianz Life’s non-performing assets as well as income and earnings. The pie chart on the right shows the quality of the bonds they are holding.
Allianz Life's Non-Performing Assets
