ALLIANZ LIFE INS CO OF NORTH AMERICA
Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10). Good quality investment portfolio (5.8) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (5.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Allianz Ins Group
Investment Rating
Company Address
5701 Golden Hills Drive
Minneapolis, MN 55416
Minneapolis, MN 55416
Phone Number
(763) 765-6500
NAIC Number
90611
Website
Largest Affiliates