Allianz Life Launches Enhanced Index Allocations for Allianz PreferredSM Products

  Allianz Life Launches Enhanced Index Allocations for Allianz PreferredSM
  Products

     Two exclusive allocations now available for retirement accumulation

Business Wire

MINNEAPOLIS -- August 19, 2013

Allianz Life Insurance Company of North America (Allianz Life), a leading
provider of fixed index annuities (FIAs), today announced the launch of two
enhanced index allocations offering additional choices for retirement
accumulation. Available exclusively through the Allianz Preferred^SM platform,
the index allocations include the newly created Barclays US Dynamic Balance
Index as well as the Russell 2000® Index, which is being offered as a
stand-alone option for the first time. The enhancement, launching today in 44
states, gives Allianz Preferred FIA customers transparent, diverse, and
dynamic indexing options for their retirement strategy.

“We remain competitive by enhancing our products and providing exceptional
results for our customers,” said Allianz Life Senior Vice President of Sales,
Eric J. Thomes. “Our product innovation efforts continue to raise the bar by
making a positive impact on the accumulation potential of our Allianz
Preferred products.”

FIAs offered through the Allianz Preferred platform are sold exclusively by
insurance producers under Field Marketing Organizations (FMOs) and
broker/dealers associated with Allianz Preferred. The enhancements are being
added to the three exclusive Preferred FIAs: Allianz 222^®, Allianz 360^SM,
and Allianz 365i^®. Each index allocation helps meets unique customer needs.

Barclays US Dynamic Balance Index

The newly created Barclays US Dynamic Balance Index appeals to customers
responding to the low-cap environment by offering an uncapped strategy with an
annual spread. This index is exclusive to Allianz Life fixed index annuities;
no other insurance carriers currently have access to the index. It strives to
provide balance by shifting weight daily between the S&P 500®Index and the
Barclays Capital U.S. Aggregate Bond Index (BCAG) based on realized market
volatility. This option uses an annual point-to-point with a spread crediting
method and annual reset to capture interest yearly. The Barclays index can be
tracked on the market using Bloomberg ticker BXIIUDBI.

Russell 2000® Index

The Russell 2000 Index allocation measures the performance of small-cap
companies to meet the needs of customers seeking to diversify^1 their
accumulation strategy. The crediting methods available on the Russell 2000
Index include monthly sum (with a monthly cap) and an annual point-to-point
(with an annual cap). This index replaces the EUROSTOXX 50® Index that is
currently available on Allianz Preferred FIAs.

“Adding these index allocations continue to give our products transparency so
customers can track how their retirement accumulates,” added Thomes. “By
enhancing our products, we offer our customers the opportunity for a stronger
and more secure retirement.”

About the Allianz Preferred^SM Platform

The Allianz Preferred sales platform is available to FMOs and financial
professionals who meet specific criteria and are committed to quality,
heightened regulatory oversight, and ongoing training from both Allianz Life
and the industry. In exchange for these commitments, Allianz Preferred members
are eligible to gain access to exclusive products and training opportunities.
Currently, Allianz Life has more than 7,100 Preferred financial professionals
and more than 30 Preferred FMOs.

^1Interest, if any, will vary depending upon the allocation option chosen.
Choosing several allocation options (“diversifying”) does not ensure that
interest will be credited. No allocation option provides the most interest in
all market scenarios.

Guarantees are backed solely by the financial strength and claims-paying
ability of Allianz Life Insurance Company of North America.

Products are issued by Allianz life Insurance Company of North America.

Product and feature availability may vary by state and broker/dealer.

Russell 2000^® Index is an equity index that measures the performance of the
2,000 smallest companies in the Russell 3000^® Index, which is made up of
3,000 of the biggest U.S. stocks. The Russell 2000 is constructed to provide a
comprehensive and unbiased small-cap barometer and is completely reconstituted
annually to ensure larger stocks do not affect the performance and
characteristics of the true small-cap index.

The Russell 2000^® Index is a trademark of Russell Investments and has been
licensed for use by Allianz Life Insurance Company of North America. The
product is not sponsored, endorsed, sold, or promoted by Russell Investments
and Russell Investments makes no representation regarding the advisability of
investing in the product.

The Barclays Capital U.S. Aggregate Bond Index is comprised of U.S.
investment-grade, fixed-rate bond market securities, including government
agency, corporate, and mortgage-backed securities. The Barclays US Dynamic
Balance Index is comprised of the Barclays Capital U.S. Aggregate Bond Index
and the S&P 500^® and shifts weighting daily between them based on realized
market volatility.

Allianz products are not sponsored, endorsed, sold, or promoted by Barclays
Capital. Barclays Capital makes no representation or warranty, express or
implied, to the owners of Allianz products or any member of the public
regarding the advisability of investing in securities generally or in Allianz
products particularly or the ability of the Barclays Capital Indices,
including without limitation, the Barclays Capital U.S. Aggregate Bond Index
and Barclays US Dynamic Balance Index, to track general bond market
performance. Barclays Capital’s only relationship to Allianz Life Insurance
Company of North America and its affiliates (“Allianz”) is the licensing of
the Barclays Capital U.S. Aggregate Bond Index and Barclays US Dynamic Balance
Index which is determined, composed, and calculated by Barclays Capital
without regard to Allianz or Allianz products. Barclays Capital has no
obligation to take the needs of Allianz or the owners of Allianz products into
consideration in determining, composing or calculating the Barclays Capital
U.S. Aggregate Bond Index and Barclays US Dynamic Balance Index. Barclays
Capital is not responsible for and has not participated in the determination
of the timing of, prices of, or quantities of Allianz products to be issued or
in the determination or calculation of the equation by which Allianz products
are to be converted into cash. Barclays Capital has no obligation or liability
in connection with the administration, marketing, or trading of Allianz
products.

BARCLAYS CAPITAL DOES NOT GUARANTEE THE QUALITY, ACCURACY AND/OR THE
COMPLETENESS OF THE BARCLAYS CAPITAL INDICES, OR ANY DATA INCLUDED THEREIN, OR
OTHERWISE OBTAINED BY ALLIANZ, OWNERS OF ALLIANZ PRODUCTS, OR ANY OTHER PERSON
OR ENTITY FROM THE USE OF THE BARCLAYS CAPITAL INDICES, INCLUDING WITHOUT
LIMITATION, THE BARCLAYS CAPITAL U.S. AGGREGATE BOND INDEX AND BARCLAYS US
DYNAMIC BALANCE INDEX, IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER OR FOR
ANY OTHER USE. BARCLAYS CAPITAL MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND
HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BARCLAYS CAPITAL INDICES,
INCLUDING WITHOUT LIMITATION, THE BARCLAYS CAPITAL U.S. AGGREGATE BOND INDEX
AND BARCLAYS US DYNAMIC BALANCE INDEX, OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL BARCLAYS CAPITAL HAVE ANY
LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES
(INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Contract C54370 (Allianz 222 Annuity), contract C54370 (Allianz 360 Annuity),
and contract C52575 R95331 (Allianz 365i Annuity) are issued by Allianz Life
Insurance Company of North America. Product & feature availability may vary by
state and broker/dealer.

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 offers insurance and annuities
in all states except New York. In New York, products are issued by Allianz
Life Insurance Company of New York.

Contact:

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