Financial Ratings | Allianz Life (2024)

Guarantees are backed solely by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. Variable products are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297.

This content does not apply in the state of New York.

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Financial Ratings | Allianz Life (2024)


Financial Ratings | Allianz Life? ›

The Standard & Poor's rating of AA (Very strong)

AA is the third-highest of 21 possible ratings and was affirmed in March 2023.

What is the financial strength of Allianz Life? ›

The Standard & Poor's rating of AA (Very strong)

AA is the third-highest of 21 possible ratings and was affirmed in March 2023.

What is a good financial rating? ›

For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750. In 2022, the average FICO® Score in the U.S. reached 714.

What is the financial rating A+? ›

The A+/A1 rating signifies that the issuer or carrier has stable financial backing and ample cash reserves. The risk of default for investors or policyholders is very low.

How do I find the rating of my life insurance company? ›

The best long-term indicator of an insurance company's ability to keep its promise is its financial strength rating. Rating information is often displayed prominently by providers on their websites. If not, you can call an insurer's customer service and ask for the ratings.

Which life insurance company has the best financial rating? ›

Top life insurance companies
CompanyBest forAM Best Financial Strength Rating
NationwideCustomer satisfactionA+ (Superior)
Northwestern MutualUniversal life insuranceA++ (Superior)
PrudentialPolicy personalizationA+ (Superior)
State FarmTerm life insuranceA++ (Superior)
3 more rows

How stable is Allianz? ›

Allianz is a financially secure company with high customer satisfaction ratings for its annuities. Allianz has the longevity common among top annuity companies, having started in 1896. It specializes in fixed index annuities and has an impressive selection of these products.

Is B++ a good annuity rating? ›

B++ and B+ (Good)

Assigned to insurance companies that have a good ability to meet their ongoing insurance obligations.

Is a financial strength rank of 4 good? ›

Rank 2 (Above Average): These stocks, as a group, are safer and less risky than most. Rank 3 (Average): These stocks, as a group, are of average risk and safety. Rank 4 (Below Average): These stocks, as a group, are riskier and less safe than most.

What are the best home insurance companies? ›

The best home insurance companies in May 2024
Insurance CompanyBest forAverage annual premium*
USAABest overall$1,442
AllstateBest overall$2,326
LemonadeBest for digital experienceN/A
ChubbBest for high-value home coverage$3,578
6 more rows

Which rating is better AA or A+? ›

For example, with S&P and Fitch, a rating of AA+ is better than AA, and a rating of AA- is worse than AA but better than A+. Moody's uses numbers to indicate relative quality, with Aa1 being the best Aa rating, followed by Aa2 and Aa3.

Is a B+ rating good for a bank? ›

B1/B+ are one of several non-investment grade credit ratings (also known as "junk") that may be assigned to a company, fixed-income security, or floating-rate loan (FRN). These ratings signify that the issuer is relatively risky, with a higher-than-average chance of default.

Which rating is better AA or A? ›

'AA' rated entities and instruments demonstrate very high credit quality with a very low default risk. 'A' rated entities and instruments demonstrate high credit quality with a low default risk.

Is New York Life AAA rated? ›

New York Life's commitment to mutuality, with a long-term focus on policyholders and creditors, and strong capitalization, are key to its Aaa rating.

How strong is New York Life? ›

Put your career into action with New York Life. All four of the major credit rating agencies (Standard & Poor's, AM Best, Moody's, and Fitch) have awarded us the highest financial-strength ratings currently given to any U.S. life insurer2.

What is the cash value of a $10,000 life insurance policy? ›

The $10,000 refers to the face value of the policy, otherwise known as the death benefit, and does not represent the cash value of life insurance policy. A $10,000 term life insurance policy has no cash value.

How safe are Allianz annuities? ›

Allianz Life Annuities author review by Bob Haegele

High financial ratings: The major rating companies have consistently rated Allianz with their top-tier ratings. Conservative philosophy: Allianz stresses their conservative investment philosophy that focuses on diversified risk and long-term results.

Is Allianz a good company to invest in? ›

Allianz has a conensus rating of Strong Buy, which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.

How much debt is Allianz in? ›

Allianz's total debt for fiscal years ending December 2019 to 2023 averaged 36.874 billion. Allianz's operated at median total debt of 38.683 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Allianz's total debt peaked in December 2020 at 40.687 billion.

What is Allianz weakness? ›

Allianz Weaknesses

Heavily dependent on automobile market. Stiff competition with other major players.

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