Last week, Standard & Poor's (S&P) Ratings Services affirmed its 'AA' "insurer financial strength" and "long-term counterparty credit" ratings on Allianz SE and its various core operating entities, including Allianz Life Insurance Company of North America (Allianz).

Moody's Investors Service also affirmed the Aa3 insurance financial strength and debt ratings of Allianz SE, as well as the A2 financial strength rating of Allianz.

At Allianz, a promise is a promise. And keeping promises is at the heart of what we do. Our objective is to ensure we remain strong and viable for our customers. We are pleased by S&P's and Moody?s assessments, and we remain well-positioned despite current financial conditions.

Thank you for your commitment to Allianz.

 
 

For ratings of Allianz Group companies and a full description of how rating categories are assigned, please refer to the rating agencies' websites:
www.standardpoors.com
www.moodys.com

The ratings are as of February 26, 2009 and are subject to change.

Standard & Poor?s® AA rating (2nd highest of 9 ratings) indicates VERY STRONG financial security characteristics.

Moody's ratings reflect the insurance company's financial security and ability to fulfill policyholder obligations and claims. Moody's rating of A2 for Allianz Life is 6 out of 21 possible ratings.

Guarantees are backed 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
5701 Golden Hills Drive, Minneapolis, MN 55416-1297

800.950.7372

www.allianzlife.com

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ENT-775-A (3/2009)