The Alterity VA comes with a relatively high guaranteed annual increase that is...
Allianz
Founded in 1896 and based in Minneapolis, Allianz Life Insurance Company of North America (Allianz) provides fixed and variable annuities, life insurance policies, and long term care insurance products in the United States.
Allianz products are offered through a network of independent financial professionals. The company is part of Allianz SE, a global financial services group that is ranked number 14 on the Forbes Global 2000 list of the world's largest corporations, based on sales, profits, assets, and market value (April 2008).
Allianz SE employs over 155,000 people worldwide.
Allianz Life offers an extensive portfolio of wealth management products, including fixed and variable annuities, universal life insurance, and long term care insurance for individuals.
The company offers individual insurance products through over 100,000 independent agents, registered representatives and other financial professionals throughout the United States.
| Allianz Product Reviews |
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Product Review of Allianz Alterity Variable Annuity
The first review of the Allianz Alterity variable annuity highlights the... Product Review of Allianz MasterDex X Annuity
Is it possible that Allianz has pulled-off something that most or all of the... Product Review of Allianz MasterDex X Annuity
A response to the earlier review praising the Simple III income rider.
The... |
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| General Information | |
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| Website | http://www.allianzlife.com |
| Type | Insurance Company |
| Founded | 1896 |
| Ownership | |
| Country | USA |
| Contact Information | |
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| Address | , |
| Phone | 800-950-5872 |
| Fax | |
Information & Articles about Allianz
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Despite the demographic challenges associated with an ageing society, individual annuities are non-existent in China. Some individuals in China do have access to what is referred to as an enterprise annuity. Enterprise annuities are a form of supplemental pension plan that is supported by the Chinese government. Enterprise annuities were enabled through legislation that went into effect in May of 2004. In order to offer enterprise annuities to employees, Chinese employers are required to contribute to and maintain the mandatory basic pension plans. Enterprise annuities are analogous to defined contribution (401K) plans Both employers and employees are required to contribute to enterprise annuity plans, and many see these plans as a potential growth market. According to a recent article in the International Business Times, Allianz Global Investment CEO Joachim Faber sees enterprise annuities as a "market to watch." Source: International Business Times
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I get questions periodically about low or no fee annuities. There are, in fact, annuity products (including variable annuities) that are being developed for fee only financial advisors (advisors who do not accept commissions on product sales). Some of the companies that have recently developed or are developing these low fee based products include: For more detail see the article that can be viewed by clicking here.
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Allianz Life Insurance Company of North America reported strong revenue growth for the third quarter of 2010. Fixed indexed annuity sales increased 36 percent and totaled $1.9 billion. Variable annuity sales quadrupled to $800 million. Allianz attributes the revenue growth to more risk averse consumers in the wake of the financial crisis. While revenue growth was strong during the third quarter, earnings declined in what is likely a challenging low interest rate environment for such a strong player in fixed indexed annuities. Source: Minneapolis Star Tribune |
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