Allianz core income 7 annuity review - allianz logo

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Allianz Life Insurance Company of North America

Allianz Life Insurance Company’s every decision is guided by a single principle; be true to the people they serve, each and every day. They are proud to be a leading provider of innovative financial products that help our customers pursue their financial goals.

Through bull markets and bear markets, they have stayed true to careful planning, disciplined investing, and risk management expertise. That’s why they’re well positioned for what’s ahead.

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 products are distributed by its affiliate, Allianz Life Financial Services, LLC, Member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416.

Contact Information:

P.O. Box 1344
Minneapolis, MN 55416-1297
Telephone: (800) 950-5872
www.allianzlife.com

Allianz Ratings

Allianz Life is rated A by AM Best, Moody: A(1), Standard and Poor’s AA.  Allianz has a Comdex Score of 94 which places them in the 94th percentile of all rated companies. The below table lists Allianz Life’s financial ratings as well as their total assets and liabilities. They were founded in 1979 and are domiciled in the state of Minnesota. 

Allianz LifeRating
5701 Golden Hills Dr., Minneapolis, MN 55416
A.M. Best RatingA+
Moody's (21 rankings)A1 (5)
Comdex (percentile of all rated companies)94
Standard & Poor's (20 Possible Ratings)AA (3)

Allianz Index Annuity Rates

Allianz Annuity Reviews

Allianz Life Insurance Company of North America Assets & Liabilities

Financials

The two graphs below are intended to give you an idea of where Allianz Life invests their 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

Allianz invested asset distribution

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

Allianz bond allocations

A Best’s Financial Strength Rating opinion addresses the relative ability of an insurer to meet its ongoing insurance obligations. It is not a warranty of a company’s financial strength and ability to meet its obligations to policyholders. View our Important Notice: Best’s Credit Ratings for a disclaimer notice and complete details at http://www.ambest.com/ratings/notice.

Watch list identifiers follow the ratings if the company is on the rating service’s watch list. The identifier indicates a possible upgrade (w+), downgrade (w-), or unknown change (w). The ratings on this report are current as of June 1, 2020.  These ratings have been selected by your life insurance advisor from among the ratings assigned to this insurer. Page 2 of 2 Powered by VitalSales Suite, a product of EbixExchange

This is an independent annuity product review, not a recommendation or solicitation to buy or sell an annuity.  Allianz Life has not endorsed this review in any fashion and we don’t receive any compensation for it.  Be sure to do your own due diligence, we recommend consulting with a properly licensed professional regarding any questions you may have. Values shown are not guaranteed unless specifically stated otherwise. Rates and annuity payout rates are subject to change. Actual values may be higher lower than the values shown. The illustration is not valid without all 18 pages and the statement of understanding.