Financial Ratings | Allianz Life (2024)

FAQs

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.

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 2023, the average FICO^® Score^☉ in the U.S. reached 715.

//BestWire// - AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” (Superior), of Allianz Global Corporate & Specialty Resseguros Brasil S.A. (AGCS Re Brazil) (São Paulo, Brazil). The outlook of these Credit Ratings (ratings) is stable.

Quick claim processing

Once we have all the information required, we can process and pay a claim within 48 hours. However, we can only do this if you have told us your diagnosis, so please make sure you include this with your claim. Otherwise, we will need to request the details from you or your doctor.

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.

What Is a Rating? A rating is an assessment tool assigned by an analyst or rating agency to a stock or bond. The rating assigned indicates the stock or bond's level of investment opportunity. The three major rating agencies are Standard & Poor's, Moody's Investors Service, and Fitch Ratings.

A+/A1 are credit ratings produced by ratings agencies S&P and Moody's. Both A+ and A1 fall in the middle of the investment-grade category, indicating some but low credit risk. Credit ratings are used by investors to gauge the creditworthiness of issuers, with better credit ratings corresponding to lower interest rates.

The state and stability of an individual's personal finances and financial affairs are called their financial health. Typical signs of strong financial health include a steady flow of income, rare changes in expenses, strong returns on investments, and a cash balance that is growing.

Yes, Allianz is a reputable company. Allianz, the parent company of Allianz Global Assistance, has a history that spans more than 100 years.

Is Allianz financially stable? ›

Our consistently high ratings from independent rating agencies – including Standard & Poor's, A.M. Best, and Moody's – reflect our stability, integrity, and our strong balance sheet.

For a full refund of your premium, you must cancel within 15 days of your plan purchase (depending on your state of residence) and must not have filed a claim or departed on your trip. Premiums are non-refundable after this period.

Allianz Global Assistance makes it simple. You can file a claim on the phone, by mail, online or using the TravelSmart app.

The parent company, Allianz SE, is headquartered in Munich, Germany. Allianz has more than 100 million customers worldwide and its services include property and casualty insurance, life and health insurance and asset management. In 2013, it was number 25 on the global Forbes 2000 list.

Fitch Ratings - Frankfurt am Main - 23 Jun 2023: Fitch Ratings has affirmed Germany-based Allianz SE's Insurer Financial Strength (IFS) Rating at 'AA' (Very Strong) and Long-Term Issuer Default Rating (IDR) at 'AA-'. At the same time, the agency has affirmed Allianz's main subsidiaries' IFS Ratings at 'AA'.

In 2023, Allianz received a rating of AA (on a scale of AAA - CCC) in the MSCI ESG Ratings assessment, confirming Allianz as ESG leader in the insurance sector.

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

In 2023, Allianz continued its rise up the Best Global Brands Ranking, coming in at #31 (+3), retaining its #1 insurer status for the fifth year running and recording a total brand value of 20.85 billion USD.