Allianz Life Promotes Todd Petit to Assistant Vice President, Actuarial Product Development

  Allianz Life Promotes Todd Petit to Assistant Vice President, Actuarial
  Product Development

Business Wire

MINNEAPOLIS -- February 8, 2013

Allianz Life Insurance Company of North America (Allianz Life) named Todd
Petit assistant vice president of Actuarial Product Development where he is
responsible for life insurance product development, actuarial interface with
IT, and managing new product approvals from state regulators. Petit will work
across the company to sustain policy administration systems for inforce
business and life insurance products. He will report to the Vice President of
Actuarial Development, Renee West.

“Todd’s leadership style encourages collaboration and he is known for building
talent,” said West. “His solid industry knowledge and actuarial expertise
combined with his ability to deepen relationships have been integral to
Allianz Life’s success in bringing new life insurance products to market.”

Before being promoted, Petit was a senior director actuary in charge of life
product development. He worked across the company to help build the life
insurance business. Petit also led the actuarial division’s involvement to
test the new business administration system. Petit started at Allianz Life in
2001 where he held various actuary roles. Before joining Allianz Life, he was
staff actuary with American Express Financial Advisors (currently Ameriprise
Financial, Inc.) in Minneapolis. From 1993 to 1999 Petit worked with Fortis
Benefits Insurance Company in Woodbury, Minn. as a product development actuary
as well as a senior market analyst for the life business.

Petit received a Bachelor of Science degree in mathematics from the University
of Notre Dame in South Bend, Ind. He is an Associate of the Society of
Actuaries as well as a Member of the American Academy of Actuaries.

About Allianz Life
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best
Companies to Work For in 2013, has been keeping its promises since 1896.
Today, it carries on that tradition, helping Americans achieve their
retirement income and protection goals with a variety of annuities and life
insurance products. As a leading provider of fixed index annuities, Allianz
Life is part of Allianz SE, a global leader in the financial services industry
with 142,000 employees worldwide. More than 78 million private and corporate
customers rely on Allianz knowledge, global reach, and capital strength to
help them make the most of financial opportunities.

Contact:

Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
sarathurin.rollin@allianzlife.com