Allianz Life Promotes Andreas Graser to Senior Vice President, Corporate Risk Management

  Allianz Life Promotes Andreas Graser to Senior Vice President, Corporate
  Risk Management

Business Wire

MINNEAPOLIS -- May 13, 2013

Allianz Life Insurance Company of North America (Allianz Life®) promoted
Andreas Graser to senior vice president in the Corporate Risk Management
department. Graser, whose full title is chief risk officer and SVP, leads
Allianz Life’s enterprise risk management and provides counsel for the Allianz
operating group on all risk-relevant topics. His team manages the Allianz Life
capital position under different capital models, monitors key exposures and
provides independent oversight over the company’s dynamic hedging program.
Graser reports to the Chief Financial Officer Giulio Terzariol.

“Andreas brings extensive financial and risk management expertise to this
role,” said Terzariol. “His contributions have been significant. His
leadership and skills are a key factor to Allianz Life continually fulfilling
the promises we make to our customers.”

Prior to joining Allianz Life in 2007, Graser held senior leadership roles at
Fireman’s Fund® Insurance Company in Novato, Calif. He served as vice
president of Planning and head of Commercial Business Finance where he led
strategic planning for multiple business units and was responsible for the
oversight of establishing the investment planning model of the company. Graser
joined Allianz SE in 2000 where he was a controller with Allianz AG Holding
Group in the planning and controlling department for five years. He was
responsible for monitoring and analyzing performance of Allianz SE operating
entities including Allianz Life, Fireman’s Fund Insurance Company, Allianz
Global Risks U.S. Insurance Company and Mondial Assistance Group (which is
known today as Allianz Global Assistance).

Prior to his role with Allianz SE, Graser was an analyst with Dresdner Bank AG
(currently Commerzbank AG in Frankfurt, Germany) where he was a member of the
risk methodology department for the bank’s trading activities.

Graser holds a Master of Science degree in mathematics from the University of
Milwaukee, Wisc. and a Master in Business Mathematics degree from the
University of Ulm, in Baden-Württemberg, Germany.

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