Moody’s Affirms Allianz Life’s A2 Rating with Stable Outlook
Company’s consistent financial strength record reflects commitment to
MINNEAPOLIS -- June 26, 2013
Allianz Life Insurance Company of North America (Allianz Life) announced today
that Moody’s Investors Service recently affirmed the company’s financial
security rating at A2 with a stable outlook. A2 is the sixth highest of 21
Since before the 2008 financial crisis, Allianz Life has maintained the same
high financial strength and security rating that Moody’s affirmed on April 30,
Moody’s based its rating on Allianz Life’s leadership position in fixed index
annuities, the company’s strong investment management capabilities, a
well-developed distribution system, and a history of product and marketing
innovation, according to Moody’s electronic credit opinion.
“Our focus is on delivering results for our customers, which means bringing
innovative products to market, securing conservative investments, and keeping
our promises for Americans who depend on us during their retirement years,”
said Allianz Life Chief Financial Officer Giulio Terzariol. “While the
insurance and annuity landscape continues to evolve, both producers and
consumers who rely on Allianz Life products should take note of our
consistently high, steady ratings.”
Allianz Life also holds an A (Excellent) rating from A.M. Best, the third
highest of 16 possible ratings, and a rating of AA (Very Strong) from Standard
& Poor’s, the third highest of 21 possible ratings. A.M. Best's rating
reflects excellent financial strength and ability to meet obligations to
contract holders. S&P's rating reflects very strong financial security.
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.
Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
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