Allianz Life Launches the Allianz Signature 7 Annuity

  Allianz Life Launches the Allianz Signature 7 Annuity

  Exclusive fixed index annuity offers accumulation potential and access to
                          savings after seven years

Business Wire

MINNEAPOLIS -- November 18, 2013

Allianz Life Insurance Company of North America (Allianz Life) today announced
the launch of the Allianz Signature 7^SM Annuity. Available exclusively to
financial professionals associated with the Allianz Preferred^SM platform,
Signature 7 is the first Allianz Preferred FIA specifically designed for
retirement accumulation with a seven-year decreasing surrender charge period.
Available today in 41 states, the Allianz Signature 7 can help build
retirement savings with protection of principal from market downturns,
valuable guarantees and a death benefit.

“The Allianz Signature 7 Annuity is designed for Americans seeking higher
accumulation potential for their retirement savings,” said Allianz Life Senior
Vice President of Sales, Eric Thomes. “This FIA can also help prepare
customers for the secure retirement they desire by providing them with
flexible options.”

Signature 7 addresses consumer needs before and during retirement. Before
retirement, consumers focus on increasing their nest egg. During this time,
the Allianz Signature 7 allows customers to accumulate retirement savings
through indexed interest based on changes in several external market indexes
of their choice. Customers can allocate to the S&P 500® Index, the Russell
2000® Index, and the new exclusive Barclays US Dynamic Balance Index or any
combination of these indexes. It offers an annual reset that locks in earned
interest each year and a choice of three crediting methods that can be used to
customize an individual’s retirement accumulation planning. Customers can also
choose a fixed interest allocation. The Allianz Signature 7 also protects a
customer’s principal and credited interest from market losses.

The Allianz Signature 7 offers flexible options for customers to access their
money. If they need access along the way to retirement, Signature 7 offers 10%
penalty free withdrawals in any year no premium is received. When they are
ready for retirement, customers can access steady, predictable income with
annuity income options including payments that are guaranteed for the life of
the customer. Or, the full contract value is available to customers as a lump
sum without surrender charges after seven contract years.

“The new Signature 7 provides protection, opportunity and flexibility to help
achieve customer goals,” added Thomes. “This powerful FIA, the fifth available
on our Allianz Preferred platform, offers reassurance to those worried about
saving for retirement.”

The Allianz Preferred^SM sales platform is available to FMOs, broker/dealers
and financial professionals who meet specific sales 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 have access to exclusive products, such as Signature 7, and
training opportunities. Currently, Allianz Life has more than 8,000 Preferred
financial professionals and more than 30 Preferred FMOs across the United
States.

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.

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

Products (C54370) are issued by Allianz life Insurance Company of North
America.

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

Distributions are subject to ordinary income tax and, if taken prior to age 59
½, a 10% additional federal tax.

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.

S&P^® is a registered trademark of Standard & Poor’s Financial Services LLC
(“S&P”). This trademark has been licensed for use by S&P Dow Jones Indices LLC
and its affiliates. S&P^® and S&P 500^® are trademarks of S&P. These
trademarks have been sublicensed for certain purposes by Allianz Life
Insurance Company of North America (“Allianz”). The S&P 500 is a product of
S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use
by Allianz. Allianz products are not sponsored, endorsed, sold, or promoted by
S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates and
neither S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective
affiliates make any representation regarding the advisability of investing in
such product.

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