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    <div style="text-align: left; margin-left: 11pt; line-height: 11.4pt; margin-top: 2.65pt; font-family: 'Times New Roman', serif; font-size: 10pt;">As filed with the Securities and Exchange Commission on April 9, 2020&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; Registration
      No. 333-</div>
    <div style="line-height: 8.55pt; margin-top: 0.3pt;">______________________________________________________________________________________________________________________________________________________________________________________________________<br style="line-height: 8.55pt;">
    </div>
    <div style="line-height: 8.55pt; margin-top: 0.3pt;"> <br>
    </div>
    <div style="text-align: center; margin-right: 94.1pt; margin-left: 94.1pt; line-height: 15.95pt; margin-top: 3.2pt; font-family: 'Times New Roman', serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; margin-right: 94.1pt; margin-left: 94.15pt; line-height: 15.95pt; margin-top: 0.1pt; font-family: 'Times New Roman', serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; margin-right: 94.1pt; margin-left: 94.05pt; line-height: 11.25pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 12pt; font-family: Symbol, serif; font-size: 10pt; font-weight: bold;">_____________________________________<br>
    </div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 12pt; font-family: Symbol, serif; font-size: 10pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; text-indent: 67.35pt; margin-right: 144.3pt; margin-left: 144.8pt; line-height: 19.6pt; margin-top: 2pt; font-family: 'Times New Roman',serif; font-size: 14pt; font-weight: bold;">FORM S-1 REGISTRATION STATEMENT</div>
    <div style="text-align: center; margin-right: 93.95pt; margin-left: 94.15pt; line-height: 12.5pt; font-family: 'Times New Roman', serif; font-size: 11pt;">UNDER THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 11.55pt; font-family: Symbol, serif; font-size: 10pt; font-weight: bold;">_____________________________________<br>
    </div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 11.55pt; font-family: Symbol, serif; font-size: 10pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; margin-right: 94.1pt; margin-left: 94.15pt; line-height: 15.35pt; font-family: 'Times New Roman', serif; font-size: 14pt; font-weight: bold;">Allianz Life Insurance Company of New York</div>
    <div style="text-align: center; margin-right: 91.85pt; margin-left: 94.15pt; line-height: 11.3pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(Exact name of Registrant as specified in its charter)</div>
    <div style="line-height: 11.3pt;"><br style="line-height: 11.3pt;">
    </div>
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            <div style="text-align: center; margin-left: 6.95pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif; font-weight: bold;">New York</div>
            <div style="text-align: center; text-indent: 0.1pt; margin-left: 6.95pt; line-height: 9.1pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt;">(State or other jurisdiction of incorporation or organization)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; margin-left: 4.1pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif; font-weight: bold;">6311</div>
            <div style="text-align: center; text-indent: -0.2pt; margin-left: 8.6pt; line-height: 9.1pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt;">(Primary Standard Industrial Classification Code Number)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; margin-left: 5.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif; font-weight: bold;">13-3191369</div>
            <div style="text-align: center; margin-right: 5.05pt; margin-left: 5.8pt; line-height: 9.1pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt;">(I.R.S. Employer</div>
            <div style="text-align: center; margin-right: 4.7pt; margin-left: 5.8pt; line-height: 9.1pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt;">&#160;Identification No.)</div>
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    <div style="line-height: 11.85pt;"><br style="line-height: 11.85pt;">
    </div>
    <div style="text-align: center; margin-right: 164.7pt; margin-left: 164.65pt; line-height: 14.25pt; margin-top: 3.65pt; font-family: 'Times New Roman', serif; font-size: 10pt;">One Chase Manhattan Plaza, 37th Floor, New York, New York 10005-1423</div>
    <div style="text-align: center; margin-right: 164.9pt; margin-left: 164.9pt; line-height: 14.25pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(212) 586-7733</div>
    <div style="text-align: center; text-indent: -187.6pt; margin-left: 198.6pt; line-height: 11.4pt; font-family: 'Times New Roman',serif; font-size: 10pt;">(Address, including zip code, and telephone number, including area code, of Registrant&#8217;s principal
      executive offices)</div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 11.55pt; font-family: Symbol, serif; font-size: 10pt; font-weight: bold;">______________________________________<br>
    </div>
    <div style="text-align: center; margin-right: 198.2pt; margin-left: 198.15pt; line-height: 11.4pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Stewart D. Gregg, Esq.</div>
    <div style="text-align: center; margin-right: 64.8pt; margin-left: 72pt; line-height: 14.25pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Allianz Life Insurance Company of North America</div>
    <div style="text-align: center; margin-right: 6.3pt; margin-left: 9pt; line-height: 14.25pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">5701 Golden Hills Drive Minneapolis, MN 55416</div>
    <div style="text-align: center; margin-right: 94.05pt; margin-left: 94.15pt; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(763) 765-2913</div>
    <div style="text-align: center; text-indent: 32pt; margin-left: 11pt; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(Name, address, including zip code, and telephone number, including area code, of
      agent for service)</div>
    <div style="text-align: left; margin-left: 11pt; line-height: 11.4pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Approximate date of commencement of proposed sale to the public:</div>
    <div style="text-align: left; margin-left: 11pt; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">As soon as practicable after this registration statement becomes effective.</div>
    <div style="text-align: left; margin-right: 17.3pt; margin-left: 11pt; line-height: 14.25pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">If any of the securities being registered on this Form are to be offered on a
      delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. [X]</div>
    <div style="text-align: left; margin-right: 17.3pt; margin-left: 11pt; line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Indicate by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2 of the Exchange Act.</div>
    <div style="text-align: left; margin-left: 11pt; line-height: 11.4pt; margin-top: 6pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">Large accelerated filer</font>&#160;&#160;&#160; <font style="font-family: 'Times New Roman', serif; font-size: 10pt;">[ &#160; ]&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Accelerated filer&#160;&#160;&#160; [&#160;&#160; ]</font></div>
    <div style="text-align: left; margin-right: 131.7pt; margin-left: 11pt; line-height: 14.3pt; margin-top: 0.5pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">Non-accelerated filer</font>&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman', serif; font-size: 10pt;">[X]<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 25pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Smaller reporting company [ ]&#160;&#160; (Do not check if a smaller
        reporting company)</font></div>
    <div style="line-height: 11.4pt; margin-top: 0.2pt;"><br style="line-height: 11.4pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="zb0c11c253d534984b9e304c796bed6ca" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <div style="text-align: center; margin-right: 0.05pt; line-height: 9.1pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Calculation of Registration Fee</div>
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          <td style="width: 27.44%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-indent: -23.9pt; margin-right: 16.85pt; margin-left: 40.75pt; line-height: 9.9pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Title of each class of securities to be registered</div>
          </td>
          <td style="width: 16.3%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-indent: 4.2pt; margin-right: 18.05pt; margin-left: 18.1pt; line-height: 10.8pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Amount to be registered</div>
          </td>
          <td style="width: 17.54%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-indent: 2.5pt; margin-right: 7.7pt; margin-left: 7.7pt; line-height: 10.8pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Proposed maximum offering price per unit</div>
          </td>
          <td style="width: 18.72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-indent: -2.55pt; margin-right: 4.25pt; margin-left: 6.9pt; line-height: 10.8pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Proposed maximum total aggregate offering price</div>
          </td>
          <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-indent: -1.45pt; margin-right: 22.25pt; margin-left: 23.8pt; line-height: 10.8pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt; font-weight: bold;">Total Amount of registration fee</div>
          </td>
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            <div style="text-indent: 3.8pt; margin-right: 6.8pt; margin-left: 6.8pt; line-height: 10pt; font-family: 'Arial Narrow', sans-serif; font-size: 8pt;">Individual Flexible Purchase Payment Index-Linked Deferred Annuity Contract</div>
          </td>
          <td style="width: 16.3%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="margin-left: 16.149pt; line-height: 5.7pt; font-family: 'Arial Narrow', sans-serif; font-size: 5pt;"><font style="font-size: 8pt;">$1,000,000,000</font>(1)</div>
          </td>
          <td style="width: 17.54%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 5.7pt; font-family: 'Arial Narrow', sans-serif; font-size: 5pt;"><font style="font-size: 8pt;">NA</font>(2)</div>
          </td>
          <td style="width: 18.72%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="margin-left: 24.4pt; line-height: 9.1pt; font-family: Calibri, sans-serif; font-size: 8pt;"><font style="font-family: 'Arial Narrow', sans-serif;">$2,285</font>,000,000</div>
          </td>
          <td style="width: 20%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="margin-left: 28.6pt; line-height: 5.7pt; font-family: 'Arial Narrow', sans-serif; font-size: 5pt;"><font style="font-size: 8pt;">$283,034</font>(3)</div>
          </td>
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              <div style="margin-left: 11pt; line-height: 10.8pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 10.6pt; line-height: 10.8pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 8pt;">The total registered amount includes $300,000,000 of securities was previously registered on May 2, 2014,
                $285,000,000 registered on April 8, 2016,&#160; $50,000,000 registered on April 1, 2017, $400,000,000 registered on April 6, 2018, $250,000,000 registered on April 16, 2019 and $1,000,000,000 being registered with this Registration, by the
                Registrant under the Registration statements on Form S-1 (File Nos. 333-192948, 333-210671, 333-217304, 333-224317, and 333-230916), initially declared effective on May 9, 2014, April 25, 2016, May 1, 2017, May 1, 2018, and April 29, 2019.
                Pursuant to Rule 415(a)(6) under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), all unsold securities from the Prior Registration Statements will be added to this Registration Statement and the offering of&#160; securities under
                the Prior Registration Statement will be deemed terminated as of the date of effectiveness of this Registration Statement. As of December 31, 2019, there were $194,612,440 of unsold securities registered pursuant to the Prior Registration
                Statements.</div>
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    </div>
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      <table cellspacing="0" cellpadding="0" id="zba9b05d3c9614433b7dac126da897d8b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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              <div style="margin-left: 11pt; line-height: 10.8pt; font-family: 'Times New Roman', serif; font-size: 8pt;">(2)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 10.6pt; line-height: 10.8pt; font-family: 'Times New Roman', serif; font-size: 8pt;">The proposed maximum offering price per unit is not applicable since these securities are not issued in predetermined amounts or
                units. The full registration fee will be paid upon pre-effective amendment.</div>
            </td>
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    </div>
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      <table cellspacing="0" cellpadding="0" id="zf775ae1754474f0892533635cfb24835" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0.1pt; width: 100%; text-align: left; color: #000000;">

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              <div style="margin-left: 11pt; line-height: 10.8pt; margin-top: 0.1pt; font-family: 'Times New Roman', serif; font-size: 8pt;">(3)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 1.15pt; line-height: 10.8pt; margin-top: 0.1pt; font-family: 'Times New Roman', serif; font-size: 8pt;">The Registrant previously paid a registration fee in the amount of $38,640, $28,699, $5,795, $49,800, and $30,300
                with respect to the securities registered to the Prior Registration Statements. Securities registered pursuant to the Prior Registration Statement that are unsold as of the effective date of this Registration Statement will be included in
                this Registration Statement pursuant to Rule 415(a)(6) as of the effective date. The previously paid fee will continue to be applied to such unsold shares, which the Registrant may continue to offer and sell. The Registrant is paying a
                registration fee with this registration statement in the amount of $129,800.</div>
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    </div>
    <div style="line-height: 11.4pt; margin-top: 0.2pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: left; margin-right: 51.75pt; margin-left: 7pt; line-height: 11.85pt; margin-top: 2.65pt; font-family: 'Times New Roman', serif; font-size: 10pt;">The Registrant hereby amends this registration statement on such date or dates as
      may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of
      1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.</div>
    <div style="line-height: 11.85pt; margin-top: 2.65pt;"><br style="line-height: 11.85pt;">
    </div>
    <div style="text-align: left; margin-left: 6.7pt; line-height: 11pt;"><br>
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    <div style="line-height: 7.4pt; margin-top: 0.05pt;"><br style="line-height: 7.4pt;">
    </div>
    <div style="text-align: left; margin-right: 1.8pt; margin-left: 7pt; line-height: 11.4pt; margin-top: 3.65pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Pursuant to Rule 429, the prospectus filed herewith is combined with the prospectus
      from the Prior Registration Statements (File Nos. 333-192948, 333-210671, 333-217304, 333-224317, and 333-230916).</div>
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    <div style="text-align: center; text-indent: 0.1pt; line-height: 19.4pt; margin-top: 2.8pt; font-family: Arial, sans-serif; font-size: 12pt;">PART I PROSPECTUS<br>
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              <div style="color:#000000;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:bold;line-height:13pt;text-align:center;text-decoration:none;text-transform:uppercase;">ALLIANZ Index Advantage<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York VARIABLE ANNUITY CONTRACT</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 4pt; text-align: center; text-decoration: none; text-transform: none;">An individual flexible purchase payment
                index-linked and variable deferred annuity contract <font style="font-weight:bold;">(the Contract)</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Issued by Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of NY Variable Account C <font style="font-weight:bold;">(the Separate Account)</font> and</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of New York <font style="font-weight:bold;">(Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of New York, we, us, our)</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 4pt; text-align: center; text-decoration: none; text-transform: none;">Prospectus Dated: May 1, 2020</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:80.36%;" id="z4db498f50ede4b5cbd6fe79b9ca9f643">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:43.32%;">Standard Annuity Features </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:56.68%;">Available Investment Options </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:43.32%;">&#8226;&#8194;Five fixed annuitization options<br>
                        <font style="font-weight:bold;">(Annuity Options)</font>&#8226;&#8194;Free withdrawal privilege during the six-year withdrawal charge period&#8226;&#8194;Systematic withdrawal program&#8226;&#8194;Minimum distribution program for certain tax qualified Contracts&#8226;&#8194;
                        Waiver of withdrawal charge benefit&#8226;&#8194;Guaranteed death benefit </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:56.68%;">&#8226;&#8194;16 index-linked investment options <font style="font-weight:bold;">(Index Options) </font>based on different
                        combinations of four credit calculation methods <font style="font-weight:bold;">(Crediting Methods)</font> and four nationally recognized third-party broad based equity securities indexes <font style="font-weight:bold;">(Index or
                          Indexes)</font>&#8226;&#8194;Three variable investment options<br>
                        <font style="font-weight:bold;">(Variable Options)</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">The risk of loss can become greater in the case of an early withdrawal due to withdrawal charges. Withdrawals
                        will be subject to federal and state taxation, and withdrawals taken before age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>
                        may also be subject to a 10% additional federal tax. <font style="font-weight:Normal;">If this is a</font> <font style="font-weight:Normal;">Non-Qualified Contract,</font> <font style="font-weight:Normal;">a withdrawal will be
                          taxable to the extent that gain exists within the Contract. A </font>Non-Qualified<font style="font-weight:Normal;"> Contract is a Contract that is not purchased under a pension or retirement plan that qualifies for special tax
                          treatment under sections of the Internal Revenue Code </font>(the Code)<font style="font-weight:Normal;">.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:80.36%;" id="z556203c8c3484e02b22620f137718f05">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:43.32%;">Crediting Methods Currently Available </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:56.68%;">Indexes Currently Available with All Crediting Methods </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:43.32%;">&#8226;&#8194;Index Protection NY Strategy<br>
                        &#8226;&#8194;Index Performance Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:56.68%;">&#8226;&#8194;S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                        &#8226;&#8194;Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                        &#8226;&#8194;Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                        &#8226;&#8194;EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">Crediting Methods and Indexes may not be available to previously issued Contracts as detailed in Appendix F. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z62321ac0bba84336bb5518406c3b3372">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="3">Crediting Method Highlights<br>
                        <font style="font-size:8pt;font-weight:Normal;line-height:10pt;">All Crediting Methods provide a level of protection against negative Performance Credits from negative Index performance, and a limit on positive Performance Credits
                          from positive Index performance. </font><font style="font-size:8pt;line-height:10pt;">Performance Credits</font><font style="font-size:8pt;font-weight:Normal;line-height:10pt;"> are the annual return you receive when you allocate
                          assets to an Index Option.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-bottom:1.75pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:bottom;width:18.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">Negative Index Performance Protection </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">Positive Index Performance Participation Limit </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection NY Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Buffers</font> (the amount of negative Index performance we absorb)<br>
                        &#8211;&#8194; Buffers cannot be less than 5% </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Caps</font> (the <font style="font-weight:bold;">upper limit</font> on positive Index
                        performance)<br>
                        &#8211;&#8194; Caps cannot be less than 1.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Buffers<br>
                        </font>&#8211;&#8194; Buffers cannot be less than 5% </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;Caps<br>
                        &#8211;&#8194; Caps cannot be less than 1.50% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Contract&#8217;s risks are described in Risk Factors on page 17
                of this prospectus.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:86.00%;" id="z59b832052c754067b525218963e3cd6e">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="3">Variable Options Currently Available </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:4pt;padding-right:6pt;padding-top:2.12pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:31.99%;">AZL<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MVP Growth Index Strategy Fund </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2.12pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:35.05%;">AZL<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MVP Balanced Index Strategy Fund </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt;padding-top:2.12pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:32.96%;">AZL<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Government Money Market Fund </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You can allocate the money you put into the Contract <font style="font-weight:bold;">(Purchase Payments)</font> to any or all of the available Index Options and Variable Options <font style="font-weight:bold;">(Allocation Options)</font>. You may also reallocate and transfer Contract Value among
                the Allocation Options subject to certain restrictions described in this prospectus. Your <font style="font-weight:bold;">Contract Value</font> is the value of your Purchase Payments based on the returns of your selected Allocation Options
                reduced for Contract fees, expenses and withdrawals.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you allocate Purchase Payments or transfer Contract Value
                to the Index Options, you receive Performance Credits calculated by us based on the performance of one or more Indexes over a year-long period <font style="font-weight:bold;">(Index Year)</font> as measured by the Index Return. An Index
                Year is a twelve-month period beginning on the <font style="font-weight:bold;">Index Effective Date</font> or a subsequent Index</div>
            </div>
            <div style="margin-top:1pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;1&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <!--PAGE BREAK-->
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Anniversary. The <font style="font-weight:bold;">Index Return</font> is the
                percentage change in Index Value from the Index Effective Date or an Index Anniversary to the next Index Anniversary. The <font style="font-weight:bold;">Index Value</font> is the Index&#8217;s price at the end of the Business Day on the Index
                Effective Date and each Index Anniversary. The <font style="font-weight:bold;">Index Effective Date</font> is the first day we allocate assets to an Index Option. An <font style="font-weight:bold;">Index Anniversary</font> is a
                twelve-month anniversary of the Index Effective Date and is the date we apply Performance Credits. <font style="font-weight:bold;">Because we calculate Index Returns only on a single date in time, you may experience negative or flat
                  performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Index Year.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Performance Credits may be positive, negative, or equal to
                zero, depending on the applicable Crediting Method and the performance of the applicable Index. <font style="font-style:italic;font-weight:bold;">A negative Performance Credit means that you can lose principal and previous earnings.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Caps that we use to determine Performance Credits for a
                Contract can change on each Index Anniversary <font style="font-style:italic;font-weight:bold;">and may vary substantially based on market conditions. However, in extreme market environments, it is possible that all Caps will be equal and
                  reduced to the minimum of 1.50%.</font> Buffers that we use to determine Performance Credits for a Contract do not change once they are established. The Crediting Methods are described in greater detail in the Summary, and in section 5,
                Valuing Your Contract &#8211; Calculating Performance Credits. The Indexes are described in Appendix A. For historical information on the Buffer and Caps, see Appendix C. For historical Index Option performance information, see Appendix D.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you allocate Purchase Payments or transfer Contract Value
                to the Variable Options, the value of your investment <font style="font-weight:bold;">(Variable Account Value)</font> increases and decreases each Business Day based on your selected Variable Options&#8217; performance. A <font style="font-weight:bold;">Business Day</font> is each day the New York Stock Exchange is open for trading and it ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. The Separate
                Account holds the assets you allocate to the Variable Options.<font style="font-style:italic;font-weight:bold;"> The Variable Options do not provide any protection against loss of principal. You can lose principal and previous earnings that
                  you allocate to the Variable Options.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Index-linked and variable annuity contracts are complex
                insurance and investment vehicles.<font style="font-weight:Normal;"> Before you invest, be sure to ask your </font>Financial Professional<font style="font-weight:Normal;"> (the person who advises you regarding the Contract) about the
                  Contract&#8217;s features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon your financial situation and objectives, and for a specific recommendation to purchase the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">All guarantees under the Contract, including Performance
                Credits, are the obligations of Allianz Life of New York and are subject to our claims paying ability and financial strength.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Please read this prospectus before investing and keep it for
                future reference. The prospectus describes all material rights and obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life of New York that you ought to know before investing. This
                prospectus is not an offering in any state, country, or jurisdiction in which we are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to give you
                different information.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Securities and Exchange Commission (SEC) has not approved
                or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is
                not federally insured or guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Allianz Life of NY Variable Account C is the Separate Account
                that holds the assets allocated to the Variable Options. Additional information about the Separate Account has been filed with the SEC and is available upon written or oral request without charge. A Statement of Additional Information <font style="font-weight:bold;">(SAI)</font> dated the same date as this Form N-4 prospectus includes additional information about the Contract. The SAI is also filed with the SEC on Form N-4 under File Number 333-192949 and is incorporated by
                reference into this prospectus. The SAI is available without charge by contacting us at the telephone number or address listed at the back of this prospectus. The SAI&#8217;s table of contents appears after the Privacy and Security Statement in
                this prospectus. The prospectus and SAI are also available on our website at www.allianzlife.com/new-york. The prospectus, SAI and other Contract information are also available on the EDGAR database on the SEC&#8217;s website (www.sec.gov).</div>
            </div>
            <div style="margin-top:5pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;2&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Beginning on January 1, 2021, as permitted by regulations
                adopted by the SEC, paper copies of the shareholder reports for Variable Options available under your contract may no longer be sent by mail, unless you specifically request paper copies of the reports from Allianz Life of New York or from
                your Financial Professional. Instead, the reports would be made available on a website, and you would be notified by mail each time a report is posted and provided with a website link to access the report. If you already elected to receive
                shareholder reports electronically, you would not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from Allianz Life of New York electronically by contacting
                our Service Center at the toll-free telephone number listed at the back of this prospectus or by signing up for electronic delivery on our website at www.allianzlife.com/paperless. You may elect to receive all future reports in paper free
                of charge. You can inform Allianz Life of New York that you wish to continue receiving paper copies of your shareholder reports by contacting your Financial Professional, or contacting our Service Center at the toll-free telephone number
                listed at the back of this prospectus. Your election to receive reports in paper will apply to all Variable Options available under your contract.</div>
            </div>
            <div style="margin-top:533pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;3&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <div style="width:100%;"> <a name="va-toc"></a>
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 14pt; text-decoration: none; text-transform: none;">TABLE OF CONTENTS<br>
              </div>
            </div>
            <div style="margin-top:3pt;">
              <div style="float:left;overflow:hidden;position:relative;width:47.73%;" type="Block">
                <div style="text-align:center;">
                  <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" id="z37def4ee8d5444dfad4360218d1f727a">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#03ca0746-f6ac-49f4-8a46-6bbab4470beb_1">Glossary</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">6 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_1">Summary</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">10 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_3">Who Should Consider Purchasing the Contract?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">12 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_3">How Do the Crediting Methods Work?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">12 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_4">How Do the Crediting Methods Compare?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">13 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_4">Bar Chart Examples of the Crediting Methods Performance</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">13 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_6">Can the Crediting Methods or Indexes Change?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">15 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_6">When Does Allianz Establish the Values Used to Determine Index Credits?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">15 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_6">What Are the Different Values Within the Contract?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">15 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_7">What Is the Daily Adjustment?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">16 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_8">What is the Performance Lock?</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">17 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_8">Risk Factors</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">17 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_8">Liquidity Risks</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">17 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_8">Risks of Investing in Securities</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">17 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_9">Risk of Negative Returns</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">18 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
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                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_10">Risks Associated with Calculation of Performance Credits</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">19 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_10">Risks Associated with Performance Locks</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">19 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_11">Substitution of an Index</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">20 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_11">Changes to Caps and Buffers</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">20 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_12">Investment in Derivative Hedging Instruments</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">21 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_12">Our Financial Strength and Claims-Paying Ability</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">21 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_13">Regulatory Protections</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">22 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_13">Fee Tables</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">22 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_13">Owner Transaction Expenses</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">22 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_13">Owner Periodic Expenses</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">22 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_14">Contract Annual Expenses</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">23 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_14">Annual Operating Expenses of the Variable Options</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">23 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_14">Examples</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">23 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_15">Condensed Financial Information</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">24 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_16">1.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_16">The Contract</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">25 </td>
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                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_16">Financial Adviser Fees</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">25 </td>
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                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">When the Contract Ends</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">26 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">2.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">Ownership, Annuitant, Determining Life, Beneficiary, and Payee</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">26 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">Owner</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">26 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">Joint Owner</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">26 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_17">Annuitant</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">26 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_18">Determining Life (Lives)</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">27 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_18">Beneficiary</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">27 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_18">Payee</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">27 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_18">Assignments, Changes of Ownership and Other Transfers of Contract Rights</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:3.90%;">27 </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="float:right;overflow:hidden;position:relative;width:47.73%;" type="Block">
                <div style="text-align:center;">
                  <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="z16e12fb0b0f24b05a6c656c9f4e61e48">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_19">3.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_19">Purchasing the Contract</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">28 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_19">Purchase Requirements</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">28 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_19">Applications Sent Electronically</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">28 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_19">Allocation of Purchase Payments and Contract Value Transfers</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">28 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_20">Automatic Investment Plan (AIP)</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">29 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_21">Free Look/Right to Examine Period</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">30 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_21">4.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_21">Variable Options</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">30 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_22">Substitution of Variable Options and Limitation on Further Investments</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">31 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_22">Transfers Between Variable Options</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">31 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_23">Electronic Transfer and Allocation Instructions</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">32 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_23">Electronic Transfer and Allocation Instructions</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">32 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_23">Excessive Trading and Market Timing</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">32 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_25">Voting Privileges</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">34 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_25">5.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_25">Valuing Your Contract</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">34 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_26">Determining Variable Account Value</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">35 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_27">Determining Index Option Values</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">36 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_27">Calculating Performance Credits</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">36 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_28">Daily Adjustment</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">37 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_28">Performance Locks</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">37 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_29">Optional Reallocation Program</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">38 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_29">6.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_29">Expenses</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">38 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_29">Product Fee</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">38 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_31">Contract Maintenance Charge</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">40 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_31">Withdrawal Charge</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">40 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">Transfer Fee</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">42 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">Premium Tax</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">42 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">Income Tax</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">42 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">Variable Option Expenses</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">42 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">7.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_33">Access to Your Money</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">42 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_34">Free Withdrawal Privilege</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">43 </td>
                      </tr>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_34">Systematic Withdrawal Program</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">43 </td>
                      </tr>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">Minimum Distribution Program and Required Minimum Distribution (RMD) Payments</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">44 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">Waiver of Withdrawal Charge Benefit</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">44 </td>
                      </tr>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">Suspension of Payments or Transfers</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">44 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">8.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">The Annuity Phase</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">44 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_35">Calculating Your Annuity Payments</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">44 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_36">Annuity Payment Options</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">45 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_36">When Annuity Payments Begin</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">45 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_37">9.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_37">Death Benefit</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">46 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_38">Death of the Owner and/or Annuitant</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">47 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_38">Death Benefit Payment Options During the Accumulation Phase</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">47 </td>
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                        <td style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">Death Benefit Payment Options</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:3.90%;">48 </td>
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                  </table>
                </div>
              </div>
            </div>
            <div style="clear:both;">&#160;
              <div style="clear:both;padding-top:49pt;width:100%;" type="Block">
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;"> </div>
            </div>
            <div style="padding-top:4pt;width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">Allianz
                  Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</a></div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="va-toc_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-decoration:none;text-transform:none;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">&#160;4&#160;</a></div>
              <div><font style="font-size:11pt;font-weight:Normal;line-height:14pt;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">TABLE OF CONTENTS </a></font></div>
            </div>
            <div style="margin-top:12pt;">
              <div style="float:left;overflow:hidden;position:relative;width:47.73%;" type="Block">
                <div style="text-align:center;">
                  <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="z7fcbaa389cef45e69015e6a3b1c77174">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">10.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">Taxes</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">48 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_39">Qualified and Non-Qualified Contracts</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">48 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_40">Taxation of Annuity Contracts</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">49 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">Tax-Free Section 1035 Exchanges</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">50 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">11.</a> </td>
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                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">Other Information</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">50 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
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                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">The Registered Separate Account</a></div>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">50 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
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                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">Our General Account</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">50 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_41">Our Unregistered Separate Account</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">50 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_42">Distribution</a></div>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">51 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_43">Additional Credits for Certain Groups</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">52 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_43">Administration/Allianz Service Center</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">52 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_44">Legal Proceedings</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">53 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_44">Status Pursuant to Securities Exchange Act of 1934</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">53 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_44">12.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_44">Information on Allianz Life of New York</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">53 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_44">Directors, Executive Officers and Corporate Governance</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">53 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_48">Executive Compensation</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">57 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_58">Security Ownership of Certain Beneficial Owners and Management</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">67 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_58">Transactions with Related Persons, Promoters and Certain Control Persons</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">67 </td>
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                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_58">Business and Operational Risks Relevant to the Contract</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">67 </td>
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_64">13.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_64">Financial Statements</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">73 </td>
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                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_64">Auditor Update</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">73 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_65">14.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_65">Privacy Notice</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">74 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_67">15.</a> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f7d8855a-293d-4d8e-a067-19a772794dc6_67">Table of Contents of the Form N-4 SAI</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:3.90%;">76 </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="float:right;overflow:hidden;position:relative;width:47.73%;" type="Block">
                <div style="text-align:center;">
                  <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="zf97f2079146646efa5e69eb7e6dcf05d">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_1">Appendix A &#8211; Available Indexes</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">77 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_1">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">77 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_1">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">77 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_2">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">78 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_2">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup></a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">78 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#4a6214d2-d8e6-4947-b071-e05dac3cb8f1_1">Appendix B &#8211; Daily Adjustment</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">80 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#cd237469-cff0-42b2-83fc-7fdf279e2827_1">Appendix C &#8211; Historical Buffers and Initial and Renewal Caps</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">82 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#cd237469-cff0-42b2-83fc-7fdf279e2827_1">Index Protection NY Strategy</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">82 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#cd237469-cff0-42b2-83fc-7fdf279e2827_1">Index Performance Strategy</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">82 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#dee929be-a8e9-4895-8956-65538375ab99_1">Appendix D &#8211; Historical Index Option Performance Information</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">84 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#dee929be-a8e9-4895-8956-65538375ab99_1">Index Performance Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">84 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#1940c5d3-2b84-48e5-8848-f6bf8ef7cab8_1">Appendix E &#8211; Annual Contract Fees Calculation Examples</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">87 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#deb56f73-ec3b-4b6b-b148-14bf0c41802e_1">Appendix F &#8211; Material Contract Variations by Issue Date</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">88 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#deb56f73-ec3b-4b6b-b148-14bf0c41802e_1">Crediting Method and/or Index Availability Restrictions</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">88 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#deb56f73-ec3b-4b6b-b148-14bf0c41802e_1">Automatic Performance Lock Availability Restrictions</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">88 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:96.10%;" colspan="2">
                          <div style="float:left;"><a href="#f5a010e1-839e-4b4e-87d9-969ee15f0332_1">Appendix G &#8211; Selected Financial Data and Statutory Financial Statements</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">89 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#f5a010e1-839e-4b4e-87d9-969ee15f0332_1">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations (For the 12 month period ended December 31, 2019)</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">89 </td>
                      </tr>
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                          <div style="float:left;"><a href="#f5a010e1-839e-4b4e-87d9-969ee15f0332_1">Statutory Financial Statements</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
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                          <div style="float:left;"><a href="#48f6378b-4e44-4c19-8dc2-3a0a3a72cf37_1">For Service or More Information</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:3.90%;">90 </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
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                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:87.13%;">
                          <div style="float:left;"><a href="#48f6378b-4e44-4c19-8dc2-3a0a3a72cf37_1">Our Service Center</a></div>
                          <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
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                      </tr>

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            <div style="clear:both;">&#160;
              <div style="clear:both;padding-top:299pt;width:100%;" type="Block">
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
                <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              </div>
            </div>
            <div style="padding-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;5&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="03ca0746-f6ac-49f4-8a46-6bbab4470beb_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Glossary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This prospectus is written in plain English. However, there
                are some technical words or terms that are capitalized and are used as defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Accumulation Phase<font style="font-weight:Normal;"> &#8211; the
                  first phase of your Contract before you apply your Contract Value to Annuity Payments. The Accumulation Phase begins on the Issue Date.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allocation Options<font style="font-weight:Normal;"> &#8211; the
                  Variable Options and Index Options available to you under the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuitant<font style="font-weight:Normal;"> &#8211; the individual
                  upon whose life we base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Date<font style="font-weight:Normal;"> &#8211; the date we
                  begin making Annuity Payments to the Payee from the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Options<font style="font-weight:Normal;"> &#8211; the annuity
                  income options available to you under the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments<font style="font-weight:Normal;"> &#8211; payments
                  made by us to the Payee pursuant to the chosen Annuity Option.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Phase<font style="font-weight:Normal;"> &#8211; the phase the
                  Contract is in once Annuity Payments begin.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Beneficiary<font style="font-weight:Normal;"> &#8211; the person(s)
                  or entity the Owner designates to receive any death benefit, unless otherwise required by the Contract or applicable law.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Buffer<font style="font-weight:Normal;"> &#8211; for any Index
                  Option, this is the negative Index Return that we absorb before applying a negative Performance Credit. On the Issue Date we establish a Buffer for each Index Option. However, if after the Issue Date we add a new Index Option, we
                  establish the Buffer for it on the date we add the Index Option to your Contract. Buffers are stated in your Contract and do not change once they are established.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Business Day<font style="font-weight:Normal;"> &#8211; each day on
                  which the New York Stock Exchange is open for trading, except, with regard to a specific Variable Option, when that Variable Option does not value its shares. Allianz Life of New York is open for business on each day that the New York
                  Stock Exchange is open. Our Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Cap<font style="font-weight:Normal;"> &#8211; for any Index Option,
                  this is the upper limit on positive Index performance and the maximum potential Performance Credit for an Index Option. We set a Cap for each Index Option on the Index Effective Date and each Index Anniversary. The Caps applicable to your
                  Contract are shown on the Index Options Statement.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Charge Base<font style="font-weight:Normal;"> &#8211; the Contract
                  Value on the preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), adjusted for subsequent Purchase Payments and any Contract
                  Value withdrawn. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any amounts we withdraw for any Contract fees and expenses. We use the Charge Base to determine the next product fee we deduct.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract<font style="font-weight:Normal;"> &#8211; the individual
                  flexible purchase payment index-linked and variable deferred annuity contract described by this prospectus.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Anniversary<font style="font-weight:Normal;"> &#8211; a
                  twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Value<font style="font-weight:Normal;"> &#8211; the value of
                  your Purchase Payments based on the returns of your selected Allocation Options reduced for previously assessed Contract fees and expenses, and withdrawals. On any Business Day, your Contract Value is the sum of your Index Option Value(s)
                  and Variable Account Value. The Variable Account Value component of the Contract Value fluctuates each Business Day that money is held in a Variable Option. The Index Option Value component of the Contract Value is adjusted on each Index
                  Anniversary to reflect Performance Credits, which can be negative . </font>A negative Performance Credit means that you can lose principal and previous earnings.<font style="font-weight:Normal;"> The Index Option Values also reflect the
                  Daily Adjustment on every Business Day other than the Index Effective Date or an Index Anniversary. The Contract Value reflects any previously deducted fees and charges, but does not reflect fees and charges that we would apply on
                  liquidation. The cash surrender value reflects all fees and charges that we would apply on liquidation.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Year<font style="font-weight:Normal;"> &#8211; any period of
                  twelve months beginning on the Issue Date or a subsequent Contract Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Crediting Method<font style="font-weight:Normal;"> &#8211; a method
                  we use to calculate annual Performance Credits if you allocate Purchase Payments or transfer Contract Value to an Index Option.</font></div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;6&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="03ca0746-f6ac-49f4-8a46-6bbab4470beb_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment<font style="font-weight:Normal;"> &#8211; how we
                  calculate Index Option Values on days other than the Index Effective Date or an Index Anniversary for each Index Option as discussed in the Summary &#8211; What is the Daily Adjustment?; section 5, Valuing Your Contract &#8211; Daily Adjustment ; and
                  Appendix B. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index
                  Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Determining Life (Lives)<font style="font-weight:Normal;"> &#8211;
                  the person(s) designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit .</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Financial Professional<font style="font-weight:Normal;"> &#8211; the
                  person who advises you regarding the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Good Order<font style="font-weight:Normal;"> &#8211; a request is in
                  &#8220;Good Order&#8221; if it contains all of the information we require to process the request. If we require information to be provided in writing, &#8220;Good Order&#8221; also includes providing information on the correct form, with any required
                  certifications, guarantees and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the
                  information we require, or whether you can submit certain information by fax, email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that
                  includes the date and time we received your information.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index (Indexes)<font style="font-weight:Normal;"> &#8211; one (or
                  more) of the nationally recognized third-party broad based equity securities Indexes available to you under your Contract. The Indexes are described in Appendix A.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Anniversary<font style="font-weight:Normal;"> &#8211; a
                  twelve-month anniversary of the Index Effective Date or any subsequent Index Anniversary. &#160;It is the date we apply Performance Credits. If an Index Anniversary does not occur on a Business Day, we consider it to occur on the next Business
                  Day for the purposes of determining Index Values and Index Returns, applying Performance Credits, and setting the Caps.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Effective Date<font style="font-weight:Normal;"> &#8211; the
                  first day we allocate assets to an Index Option. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this Contract you select the Index Effective Date as discussed in
                  section 3, Purchasing the Contract &#8211; Allocation of Purchase Payments and Contract Value Transfers.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option<font style="font-weight:Normal;"> &#8211; the
                  index-linked investment options to which you can allocate Purchase Payments or transfer Contract Value. Each Index Option is the combination of an Index and a Crediting Method.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option Base<font style="font-weight:Normal;"> &#8211; an amount
                  we use to calculate Performance Credits and the Daily Adjustment. The Index Option Base is equal to the amounts you allocate to an Index Option adjusted for withdrawals, Contract fees and expenses, transfers into or out of the Index
                  Option, and the application of any Performance Credits.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option Value<font style="font-weight:Normal;"> &#8211; on any
                  Business Day it is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Performance Credits from previous Index
                  Anniversaries and reflects deduction of any previously assessed contract maintenance charge, product fee, and withdrawal charge. On each Business Day during the Index Year other than the Index Effective Date or an Index Anniversary, each
                  Index Option Value also includes the Daily Adjustment.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Options Statement<font style="font-weight:Normal;"> &#8211; the
                  account statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, and Caps for the Index Options you selected. On each Index
                  Anniversary, the statement shows the new Index Values, Performance Credits received, and renewal Caps that are effective for the next year for the Index Options you selected.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Performance Strategy<font style="font-weight:Normal;"> &#8211;
                  one of the Crediting Methods described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Index Performance Strategy calculates Performance Credits based on Index Returns subject to a Cap and Buffer. You
                  can receive negative Performance Credits, which means you can lose principal and previous earnings. The Index Performance Strategy provides the highest potential returns. Its Caps will generally be greater than the Index Protection NY
                  Strategy Caps. The Index Performance Strategy is more sensitive to large negative market movements because small negative market movements are absorbed by the Buffer.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Protection NY Strategy<font style="font-weight:Normal;">
                  &#8211; one of the Crediting Methods described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Index Protection NY Strategy calculates Performance Credits based on Index Returns subject to a Cap and Buffer.
                  You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Protection NY Strategy provides more protection than the Index Performance Strategy. It
                  generally has higher Buffers in exchange for lower Caps.</font></div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;7&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="03ca0746-f6ac-49f4-8a46-6bbab4470beb_3"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Return<font style="font-weight:Normal;"> &#8211; the percentage
                  change in Index Value from the Index Effective Date or an Index Anniversary to the next Index Anniversary, which we use to determine the Performance Credits for any Index Option. The Index Return is an Index&#8217;s current Index Value, minus
                  its Index Value on the last Index Anniversary (or the Index Effective Date if this is the first Index Anniversary), divided by its Index Value on the last Index Anniversary (or the Index Effective Date if this is the first Index
                  Anniversary).</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Value<font style="font-weight:Normal;"> &#8211; an Index&#8217;s
                  price at the end of the Business Day on the Index Effective Date and each Index Anniversary as provided by Bloomberg or another market source if Bloomberg is not available.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Year<font style="font-weight:Normal;"> &#8211; a twelve-month
                  period beginning on the Index Effective Date or a subsequent Index Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Issue Date<font style="font-weight:Normal;"> &#8211; the date we
                  issue the Contract. The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Joint Owners<font style="font-weight:Normal;"> &#8211; the two
                  person(s) designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Lock Date<font style="font-weight:Normal;"> &#8211; this is the
                  Business Day we execute a Performance Lock and capture an Index Option Value (which </font><font style="text-decoration:underline;">includes</font><font style="font-weight:Normal;"> the Daily Adjustment) before the Index Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Non-Qualified Contract<font style="font-weight:Normal;"> &#8211; a
                  Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Owner<font style="font-weight:Normal;"> &#8211; &#8220;you,&#8221; &#8220;your&#8221; and
                  &#8220;yours.&#8221; The person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Payee<font style="font-weight:Normal;"> &#8211; the person or entity
                  who receives Annuity Payments during the Annuity Phase.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Penalty-Free Withdrawals<font style="font-weight:Normal;"> &#8211;
                  withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution program. Penalty-Free Withdrawals are not subject to a withdrawal charge.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Performance Lock<font style="font-weight:Normal;"> &#8211; a feature
                  that allows you to capture the current Index Option Value during the Index Year for any Index Option . A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. After
                  the Lock Date, Daily Adjustments do not apply to a locked Index Option for the remainder of the Index Year and the Index Option Value will not receive a Performance Credit on the next Index Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Performance Credit<font style="font-weight:Normal;"> &#8211; the
                  Credit you receive on an Index Anniversary for any Index Option . We base Performance Credits on Index Values and Index Returns limited by the Cap and Buffer. Performance Credits can be negative, </font>which means you can lose principal
                and previous earnings.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Proxy Investment<font style="font-weight:Normal;"> &#8211; provides a
                  current estimate of what the Performance Credit will be on the next Index Anniversary taking into account any applicable Cap or Buffer. We use the Proxy Investment to calculate the Daily Adjustment on Business Days other than the Index
                  Effective Date or an Index Anniversary. For more information, see Appendix B.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Proxy Value<font style="font-weight:Normal;"> &#8211; the
                  hypothetical value of the Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Purchase Payment<font style="font-weight:Normal;"> &#8211; the money
                  you put into the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Qualified Contract<font style="font-weight:Normal;"> &#8211; a
                  Contract purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred
                  to as TSA contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs. We may also issue an Inherited IRA and Inherited Roth IRA to
                  make any required minimum distribution payments to a beneficiary of a previously held tax-qualified arrangement.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Quarterly Contract Anniversary<font style="font-weight:Normal;">
                  &#8211; the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Separate Account<font style="font-weight:Normal;"> &#8211; Allianz
                  Life of NY Variable Account C is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life of New York. The Separate Account holds the</font></div>
            </div>
            <div style="margin-top:15pt;width:100%;" type="Block">
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;8&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="03ca0746-f6ac-49f4-8a46-6bbab4470beb_4"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Variable Options that underlie the Contracts. The Separate Account is divided
                into subaccounts, each of which invests exclusively in a single Variable Option. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Service Center<font style="font-weight:Normal;"> &#8211; the area of
                  our company that issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications and/or
                  checks for Purchase Payments may be different and is also listed at the back of this prospectus.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Traditional Death Benefit<font style="font-weight:Normal;"> &#8211;
                  the guaranteed death benefit automatically provided by the Contract for no additional fee described in the Summary and section 9.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Valid Claim<font style="font-weight:Normal;"> &#8211; the documents
                  we require to be received in Good Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified
                  copy of the death certificate, a decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Variable Account Value<font style="font-weight:Normal;"> &#8211; on
                  any Business Day it is equal to the portion of your Contract Value in your selected Variable Options. The Variable Account Value increases and decreases based on your selected Variable Options&#8217; performance and reflects deduction of the
                  Variable Option operating expenses, and any previously assessed transfer fee, contract maintenance charge, product fee, and withdrawal charge.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Variable Options<font style="font-weight:Normal;"> &#8211; the
                  variable investments available to you under the Contract. Variable Option performance is based on the securities in which they invest.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Withdrawal Charge Basis<font style="font-weight:Normal;"> &#8211; the
                  total amount under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses &#8211; Withdrawal Charge.</font></div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;9&#160;</div>
            </div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Summary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York is a product that offers index-linked and variable investment options and allows you to defer taking regular fixed periodic payments <font style="font-weight:bold;">(Annuity Payments)</font> to a future date. During the first phase of your Contract <font style="font-weight:bold;">(Accumulation Phase)</font> your Contract Value fluctuates based on the performance of your
                selected Allocation Options and the deduction of Contract fees and expenses. During this phase you can make additional Purchase Payments and take withdrawals, and if you die we pay a death benefit to the person(s) you designate <font style="font-weight:bold;">(Beneficiary(s))</font>. If you request Annuity Payments the Accumulation Phase of your Contract ends and the <font style="font-weight:bold;">Annuity Phase</font> begins. Annuity Payments are fixed payments we
                make based on the Annuity Option you select and your Contract Value.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zab61dbfccddc4d1a86b2839cc8e10b0f">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Issue Age<br>
                        <font style="font-weight:Normal;">(see section 3)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">On the date we issue the Contract <font style="font-weight:bold;">(the Issue Date)</font>, all Owners and the Annuitant must be age 80 or younger.<br>
                        The <font style="font-weight:bold;">Owner</font> is the person or entity designated at issue who may exercise all Contract rights. The <font style="font-weight:bold;">Annuitant</font> is the individual upon whose life we base
                        Annuity Payments. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Purchase Payment Standards<br>
                        <font style="font-weight:Normal;">(see section 3)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;$10,000 minimum initial Purchase Payment due on the Issue Date.<br>
                        &#8226;&#8194;You can make additional Purchase Payments of at least $50 during the Accumulation Phase.<br>
                        &#8226;&#8194;$1 million maximum in total Purchase Payments. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Allocation of Purchase Payments and Contract Value Transfers<br>
                        <font style="font-weight:Normal;">(see section 3)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">You can allocate your Purchase Payments to any or all of the Allocation Options available under your Contract. We only allow assets to move into the Index
                        Options on the Index Effective Date and on subsequent Index Anniversaries.<br>
                        &#8226;&#8194; As a result, we hold Purchase Payments you allocate to the Index Options in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your instructions. For additional Purchase
                        Payments we receive after the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary.<br>
                        &#8226;&#8194;On each Index Anniversary, you can transfer Variable Account Value to the available Index Options, and you can transfer <font style="font-weight:bold;">Index Option Value</font> (the portion of your Contract Value in a particular
                        Index Option) between Index Options.<br>
                        &#8226;&#8194; Purchase Payments you allocate to an Index Option must be held in the Index Option for one full Index Year before they can receive a Performance Credit. <font style="font-style:italic;font-weight:bold;">Therefore, additional
                          Purchase Payments we receive after the Index Effective Date that you allocate to an Index Option are not eligible to receive a Performance Credit until the second Index Anniversary after we receive them.<br>
                        </font>&#8226;&#8194;You can only transfer Index Option Value to the Variable Options on every sixth Index Anniversary, <font style="font-style:italic;font-weight:bold;">at which point you can do so even if the assets you wish to transfer have
                          been in the Index Options for less than six full years.</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Daily Adjustment<br>
                        <font style="font-weight:Normal;">(see &#8220;What is the Daily Adjustment?&#8221; in this Summary and section 5)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The <font style="font-weight:bold;">Daily Adjustment</font> is how we calculate Index Option Values on days other than the Index Effective Date or an Index
                        Anniversary. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index
                        Anniversary. The Daily Adjustment takes into account any Index gains subject to the Cap, or any Index losses greater than the Buffer, but in the form of the estimated present value. Therefore, the Daily Adjustment could result in a
                        loss beyond the protection of the or Buffer. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Performance Lock<br>
                        <font style="font-weight:Normal;">(see &#8220;What is the Performance Lock?&#8221; in this Summary and section 5)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">A feature that allows you to capture the current Index Option Value during the Index Year for any Index Option . If we execute a Performance Lock for an
                        Index Option we do not apply the Daily Adjustment to it for the remainder of the Index Year and the Index Option Value will not receive a Performance Credit on the next Index Anniversary. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Product Fee<br>
                        <font style="font-weight:Normal;">(see the Fee Tables and section 6)</font> </td>
                      <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Product fee is 1.25%.<br>
                        Accrued daily and deducted on each <font style="font-weight:bold;">Quarterly Contract Anniversary</font> (the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary). The product
                        fee is calculated as a percentage of the <font style="font-weight:bold;">Charge Base</font> (the Contract Value on the preceding Quarterly Contract Anniversary, adjusted for subsequent Purchase Payments and withdrawals). </td>
                    </tr>

                </table>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;10&#160;</div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
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              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="zc21856c0796e4091aec95aa27d97932d">

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                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Other Contract Fees and Expenses<br>
                        <font style="font-weight:Normal;">(see the Fee Tables and section 6)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;An 8.5% declining withdrawal charge applies to withdrawals taken within six years after receipt of each Purchase Payment
                        during the Accumulation Phase.<br>
                        &#8226;&#8194;$50 contract maintenance charge assessed annually if the total Contract Value is less than $100,000.<br>
                        &#8226;&#8194;$25 fee per transfer if you make more than twelve transfers between Variable Options in a Contract Year.<br>
                        &#8226;&#8194;Variable Option operating expenses before fee waivers and expense reimbursements of 0.67% to 0.88% of the average daily net assets.<br>
                        A <font style="font-weight:bold;">Contract Year</font> is any period of twelve months beginning on the Issue Date or a subsequent Contract Anniversary. A <font style="font-weight:bold;">Contract Anniversary</font> is a
                        twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">You can withdraw your Contract Value, subject to any applicable withdrawal charge, and federal and state taxation. Withdrawals taken before age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font> may also be subject to a 10% additional federal tax. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Free Withdrawal Privilege<br>
                        <font style="font-weight:Normal;">(see section 7)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Allows you to withdraw 10% of your total Purchase Payments each Contract Year during the Accumulation Phase without incurring a withdrawal charge.<br>
                        &#8226;&#8194;Any unused free withdrawal privilege in one Contract Year is not added to the amount available in the next Contract Year.<br>
                        &#8226;&#8194;If you withdraw more than the free withdrawal privilege we will assess a withdrawal charge if the withdrawal is taken from a Purchase Payment we received within the last six years.<br>
                        &#8226;&#8194;<font style="font-style:italic;font-weight:bold;">Not available if you take a full withdrawal of your total Contract Value.</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Systematic Withdrawal Program<br>
                        <font style="font-weight:Normal;">(see section 7)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Provides automatic withdrawals of at least $100 to you at a frequency you select. These withdrawals:<br>
                        &#8226;&#8194;reduce the amount available under the free withdrawal privilege, and<br>
                        &#8226;&#8194;are subject to a withdrawal charge if you exceed the free withdrawal privilege. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Minimum Distribution Program<br>
                        <font style="font-weight:Normal;">(see section 7)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">If you own an Individual Retirement Annuity <font style="font-weight:bold;">(IRA)</font>, SEP IRA or Inherited IRA Contract, this program provides payments
                        to you designed to meet the Code&#8217;s minimum distribution requirements. These withdrawals:<br>
                        &#8226;&#8194;reduce the amount available under the free withdrawal privilege, but<br>
                        &#8226;&#8194;are <font style="font-weight:bold;text-decoration:underline;">not</font> subject to a withdrawal charge if you exceed the free withdrawal privilege. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Waiver of Withdrawal Charge Benefit<br>
                        <font style="font-weight:Normal;">(see section 7)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">This benefit allows you to take a withdrawal without incurring a withdrawal charge if you are confined to a nursing home for a period of at least 90
                        consecutive days. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Annuity Payments<br>
                        <font style="font-weight:Normal;">(see section 8)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer
                        need immediate access to Contract Value to meet their short-term income needs.<br>
                        &#8226;&#8194;We offer five Annuity Options that provide payments for life, life and term certain, or life with refund.<br>
                        &#8226;&#8194;We base Annuity Payments on your Contract Value, the Annuity Option you select, and the lifetime and age of the Annuitant(s).<br>
                        &#8226;&#8194;For an individually owned Contract, Annuity Payments can be either single or joint. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Death Benefit<br>
                        <font style="font-weight:Normal;">(see section 9)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The Contract automatically includes the Traditional Death Benefit for no additional fee. The death benefit is paid upon the first death of any Determining
                        Life during the Accumulation Phase.<br>
                        &#8226;&#8194;We establish the Determining Lives at Contract issue and they generally do not change unless there is a divorce or you establish a Trust.<br>
                        &#8226;&#8194;The <font style="font-weight:bold;">Determining Life (or Lives)</font> is either the Owner(s) or the Annuitant if the Owner is a non-individual.If a Determining Life dies during the Accumulation Phase your Beneficiary(s) will
                        receive the greater of the Contract Value or the total Purchase Payments adjusted for withdrawals.<br>
                        &#8226;&#8194;<font style="font-weight:bold;">Withdrawals reduce your total Purchase Payments proportionately, </font><font style="font-style:italic;font-weight:bold;">which means this value may be reduced by more than the amount withdrawn</font><font style="font-weight:bold;">.<br>
                        </font>&#8226;&#8194;<font style="font-weight:bold;">If you change Owner(s) the death benefit may be reduced to Contract Value.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Material Contract Variations<br>
                        <font style="font-weight:Normal;">(see Appendix F)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The product or certain product features may not currently be available in all Contracts or may not be available from all
                        selling firms or from all Financial Professionals. Your Financial Professional can also provide information regarding availability of Allocation Options. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:26pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;11&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_3"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="zded50f0619684386924b70bd4843b7ab">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Customer Service<br>
                        <font style="font-weight:Normal;">(see the last page of this prospectus)</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or transfer,
                        changing your allocation instructions, etc.) please contact our Service Center at (800) 624-0197. Our <font style="font-weight:bold;">Service Center</font> is the area of our company that issues Contracts and provides Contract
                        maintenance and routine customer service. You can also contact us by:<br>
                        &#8226;&#8194;mail at Allianz Life Insurance Company of New York, P.O. Box 561,<br>
                        Minneapolis, MN 55440-0561, or<br>
                        &#8226;&#8194;email at Contact.Us@allianzlife.com. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Who Should Consider Purchasing the Contract?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Contract for people who are looking for a
                level of protection for their principal while providing potentially higher returns than are available on traditional fixed annuities. This Contract is not intended for someone who is seeking complete protection from downside risk, nor
                someone who is seeking unlimited investment potential.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer other annuity contracts that may address your
                investment and retirement needs. These contracts include variable annuities, registered index-linked annuities and fixed index annuities. These annuity products may offer different features and benefits more appropriate for your needs,
                including allocation options, fees and/or expenses that are different from those in the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms
                may not offer and/or limit offering of certain features and benefits, as well as limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity
                contracts, please contact your Financial Professional.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For example, these other annuity contracts may have different
                Index Options, and different rates and minimums for the Caps and Buffers. Caps may also be affected, positively or negatively, by expenses we incur in providing other contract features. For example, a product that deducts fees and expenses
                from Index Options may have higher Caps than a contract that deducts fees and expenses only from Variable Options.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">How Do the Crediting Methods Work?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Protection NY
                  Strategy</font> provides a Performance Credit based on Index Values and Index Return.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="ze7079a2bb5db4c9eb459dedab692a0ad">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        the Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        the current Index Value is equal to the Index Value on the last Index Anniversary, the Performance Credit is zero. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If the Index Return is negative and the loss is: </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="z9b585da8dd7949d6871bd70817531d12">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">less
                        than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Performance
                  Strategy</font> also provides a Performance Credit based on Index Values and Index Returns.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z133a2ef1185d4198a2acc8dbc650cfac">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        the Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        the current Index Value is equal to the Index Value on the last Index Anniversary, the Performance Credit is zero. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If the Index Return is negative and the loss is: </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z0b756370de724d71b64966d8eb1cabb5">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">less
                        than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">A more detailed description of how we calculate Credits,
                including numerical examples, is included in section 5, Valuing Your Contract &#8211; Calculating Credits.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="ze43857bc22734b0780edd750122ce4f6">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">The Index Protection NY Strategy and Index Performance Strategy allow negative Performance Credits. </font><font style="font-style:italic;font-weight:bold;">A negative Performance Credit means you can
                          lose principal and previous earnings. These losses could be significant.</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through
                          some, or most, of the Index Year.</font> </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:14pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;12&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_4"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">How Do the Crediting Methods Compare?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Crediting Methods have different risk and return
                potentials.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z8e7f26e519c445b987e93cb4b79bafac">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-bottom:1.75pt;padding-right:4pt;padding-top:4pt;text-align:center;vertical-align:bottom;width:10.63%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:43.35%;">Index Protection NY Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:46.01%;">Index Performance Strategy </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:10.63%;">What is the asset protection? </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:43.35%;">&#8226;&#8194;Most protection &#8211; generally has higher Buffers than the Index Performance Strategy.<br>
                        &#8226;&#8194;Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.<br>
                        &#8226;&#8194;Potential for large losses in any one Index Year.<br>
                        &#8226;&#8194;Impacted by very large negative market movements because small and moderate negative market movements are absorbed by the Buffer. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:46.01%;">&#8226;&#8194;Less protection &#8211; generally has lower Buffers than the Index Protection NY Strategy.<br>
                        &#8226;&#8194;Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.<br>
                        &#8226;&#8194;Potential for large losses in any one Index Year.<br>
                        &#8226;&#8194;More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance
                        Strategy. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:10.63%;">What is the growth opportunity? </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:43.35%;">&#8226;&#8194;Less growth opportunity &#8211; generally has lower Caps than the Index Performance Strategy.<br>
                        &#8226;&#8194;Growth opportunity limited by the Cap. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:46.01%;">&#8226;&#8194;Most growth opportunity &#8211; generally has higher Caps than the Index Protection NY Strategy.<br>
                        &#8226;&#8194;Growth opportunity limited by the Cap.<br>
                        &#8226;&#8194;May perform best in a strong market. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:10.63%;">What can change within a Crediting Method? </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:11pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:43.35%;">&#8226;&#8194;Renewal Caps for existing Contracts can change annually.<br>
                        &#8226;&#8194;Caps are subject to a 1.50% minimum, and Buffers are subject to a 5% minimum. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:46.01%;">&#8226;&#8194;Renewal Caps for existing Contracts can change annually.<br>
                        &#8226;&#8194;Caps are subject to a 1.50% minimum, and Buffers are subject to a 5% minimum. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; padding-left: 1.42%; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:98.99%;" id="z0ae0654d9dbc4bcdad02c972ee06028b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:11.0pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-7pt;text-transform:none;text-transform:none; vertical-align:top;width:100%;">&#8226;&#8194;<font style="font-weight:bold;">You participate in any negative Index Return in excess of the Buffer</font>, which reduces your Contract Value. For example, if we set the Buffer at 5% we would
                        absorb the first -5% of Index Return and you could lose up to 95% of the Index Option Value.<br>
                        &#8226;&#8194;The minimum Buffer is the least amount of protection that you could receive from negative Index Returns for any Index Option.<br>
                        &#8226;&#8194;Caps as set by us from time-to-time may vary substantially based on market conditions. <font style="font-style:italic;font-weight:bold;">However, in extreme market environments, it is possible that all Caps will be equal and
                          reduced to the minimum of 1.50%</font>.<br>
                        &#8226;&#8194;<font style="font-style:italic;font-weight:bold;">Caps and Buffers can be different from Index Option to Index Option</font>. For example, Caps for the Index Performance Strategy can be different between the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index and the Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, and Caps
                        for the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index can be different between the Index Protection NY Strategy and Index Performance Strategy. <font style="font-style:italic;font-weight:bold;">They may also be different from Contract-to-Contract depending on Index Effective Date</font>. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Bar Chart Examples of the Crediting Methods Performance</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following hypothetical examples show conceptually how the
                Crediting Methods might work in different market environments and assume no change in the hypothetical Caps. All values below are for illustrative purposes only. The examples do not reflect any Caps or Buffers that may actually apply to a
                Contract. The examples do not predict or project the actual performance of the Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York. Although an Index or Indexes
                will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment and are not a direct investment in an Index. The Index Values do not include the dividends paid on the stocks comprising
                an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not reflect deduction of the Contract fees and expenses. Historical Index Option performance information is also included
                in Appendix D.</div>
            </div>
            <div style="margin-top:137pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;13&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_5"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="margin-top: 0pt; width: 488pt;"> </div>
              <div style="margin-top: 12pt; width: 484pt;"> </div>
            </div>
            <div style="margin-top:61pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;14&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_6"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Can the Crediting Methods or Indexes Change?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We can add new Crediting Methods and Indexes to your Contract
                in the future, and you can allocate Purchase Payments or transfer Contract Value to them on the next Index Anniversary after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change how
                it calculates Performance Credits. Once we add an Index Option to your Contract, we cannot change its or Buffer after it is established. However, we can change the renewal Caps associated with any Index Option on each Index Anniversary.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once we add an Index to your Contract, we cannot remove it
                without simultaneously replacing or substituting it. Index replacements and substitutions can occur either on an Index Anniversary or during an Index Year. If we substitute an Index during an Index Year, we will combine the return of the
                previously available substituted Index with the return of the new Index. However, if we substitute an Index, we do <font style="font-weight:bold;text-decoration:underline;">not</font> change the Buffers applicable to your Contract, or the
                current Caps that we set on the prior Index Anniversary. Changes to the Caps for the new substituted Index, if any, may occur at the next regularly scheduled Index Anniversary or later Index Anniversaries. For more information, see Risk
                Factors &#8211; Substitution of an Index.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z962c300767574df7bd2b7cdb626ad502">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">Historical information on the Caps and Buffers is provided in Appendix C. <font style="font-style:italic;font-weight:bold;">This information is for historical
                          purposes only and is not a representation as to future Caps or Buffers.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">When Does Allianz Establish the Values Used to Determine Index
                Credits?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish the Buffers for your Contract on the Issue Date.
                However, if we add a new Index Option to your Contract after the Issue Date, we establish the or Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers are stated in your Contract and cannot change once they
                are established.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once we establish the initial Caps for a Contract they cannot
                change until the next Index Anniversary. We can change the renewal Caps for an existing Contract annually on each Index Anniversary, in our discretion. Your initial and renewal Caps are stated in your <font style="font-weight:bold;">Index
                  Options Statement</font>, which is the account statement we mail to you on the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Index Effective Date and each subsequent
                Index Anniversary. We use these Index Values to determine Index Returns and Performance Credits.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For information on the Buffers, and initial Caps we currently
                offer for newly issued Contracts, see our website at www.allianzlife.com/indexratesny , or call (800) 624-0197. We publish any changes to these values at least seven calendar days before they take effect.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We will send you a letter at least 30 days before each Index
                Anniversary. This letter advises you that your current Caps are expiring on the upcoming Index Anniversary, and the renewal Caps for the next Index Year will be available for your review in your account on our website at least seven
                calendar days before the upcoming Index Anniversary. We also have a link to your Contract information with your renewal Caps on our website at www.allianzlife.com/indexratesny , or call (800) 624-0197. The Index Anniversary letter also
                reminds you of your opportunity to transfer Variable Account Value to the Index Options, or reallocate your Index Option Values on the upcoming anniversary.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zdec9705e4eea4cf7ab04feb92252f3ab">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; Caps may be different between
                        newly issued and existing Contracts, and between existing Contracts issued on the same month and day in different years. For example, assume that in January 2017 we set Caps for the Index Performance Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index as follows: </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 13% initial rate for new Contracts issued in 2017, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 14% renewal rate for existing Contracts issued in 2016, and </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 12% renewal rate for existing Contracts issued in 2015. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; If your
                        Contract is within its Free Look/Right to Examine period you may be able to take advantage of any increase in initial Caps by cancelling your Contract and purchasing a new Contract. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Are the Different Values Within the Contract?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract provides the following values as discussed in
                section 5, Valuing Your Contract.</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zfadad9af1e4c451c862864fc879dd02c">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Contract Value is the sum of your Variable Account Value and Index Option Values. Contract Value reflects any previously deducted fees and charges, but does not reflect fees and charges that we would apply on liquidation. The cash
                        surrender value reflects all fees and charges that we would apply on liquidation. </td>
                    </tr>

                </table>
              </div>
            </div>
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              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;15&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_7"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z84f87f521acb4a70b2829f7ff7854504">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Your
                        Variable Account Value is the sum of the values in your selected Variable Options. It includes the deduction of Variable Option operating expenses, and any previously assessed transfer fee, contract maintenance charge, product fee,
                        and withdrawal charge. It changes each Business Day based on the performance of the Variable Options. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Your total Index Option Value is the sum of the values in each of your selected Index Options. Each Index Option Value includes any Performance Credits from previous Index Anniversaries and the
                        deduction of any previously assessed contract maintenance charge, product fee, and withdrawal charge. Amounts removed from the Index Options during the Index Year for withdrawals and Contract expenses <font style="font-weight:bold;text-decoration:underline;">do not</font> receive a Performance Credit on the next Index Anniversary, but the amount remaining does receive a Performance Credit subject to the applicable Cap or Buffer. </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z7484cfc8f6774224ba0b1a6ea3939a3d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">On
                        each Business Day during the Index Year other than the Index Effective Date or an Index Anniversary, we calculate the current Index Option Value for each Index Option by adding a Daily Adjustment to the Index Option Base. The <font style="font-weight:bold;">Index Option Base</font> is the amount you allocate to an Index Option adjusted for withdrawals, deduction of Contract fees and expenses, transfers into or out of the Index Option, and the application of
                        any Performance Credits. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Is the Daily Adjustment?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment is how we calculate Index Option Values
                on Business Days other than the Index Effective Date or an Index Anniversary for each Index Option . <font style="font-style:italic;font-weight:bold;">The Variable Options are not subject to the Daily Adjustment.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment can affect the amounts available for
                withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Charge Base and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your
                Index Option Value has increased since the beginning of the year. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate the Daily Adjustment for a given Business Day
                before we deduct any Contract fees or expenses or process any partial withdrawal on that Business Day, including Penalty-Free Withdrawals. However, the Daily Adjustment calculation is not affected by any Contract expense deduction or
                partial withdrawal. <font style="font-weight:bold;">Penalty-Free Withdrawals</font> are withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution
                program. Penalty-Free Withdrawals are not subject to a withdrawal charge. The Daily Adjustment does not change the Contract expense deducted or the withdrawal amount; it only changes the Index Option Value from which we deduct the expense
                or withdrawal.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment approximates the Index Option Value that
                will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index Anniversary. The Daily Adjustment takes into account:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.02%;margin-top:3pt;width:97.98%;" id="z40938fb298ba48b7af7e19f39e9f1e25">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.13%;">(i) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:95.87%;">any
                        Index gains during the Index Year subject to the Cap, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.13%;">(ii) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:95.87%;">any
                        Index losses greater than the Buffer, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:4.13%;">(iii) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:95.87%;">the number of days until the next Index Anniversary.. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment does this by using the hypothetical
                value of a Proxy Investment <font style="font-weight:bold;">(Proxy Value)</font> each Business Day, other than the Index Effective Date or an Index Anniversary, based on the formulas described in Appendix B. The <font style="font-weight:bold;">Proxy Investment</font> provides a current estimated present value of what the Performance Credit will be on the next Index Anniversary taking into account the applicable Cap or Buffer. The Daily Adjustment is
                not the actual Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the or Buffer.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A withdrawal taken during the Index Year may not receive the
                full benefit of the or Buffer because the Daily Adjustment takes into account what may potentially happen between the withdrawal date and the next Index Anniversary. All other factors being equal, even if the current Index return during the
                Index Year is greater than the Cap, the Daily Adjustment will usually be lower than the Cap. This is because there is a possibility that the Index return could decrease before the end of the Index Year. Similarly, even though a negative
                Index return may be within the amount of the Buffer, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease before the end of the Index Year. <font style="font-style:italic;font-weight:bold;">A negative Daily Adjustment may cause you to realize loss of principal or previous earnings.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment&#8217;s risks are discussed in more detail in
                Risk Factors &#8211; Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99(a) of the Form S-1 Registration Statement</div>
            </div>
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              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;16&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_8"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">filed with the SEC, of which this prospectus is a part. This information is
                incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(a) by calling (800) 624-0197, or visiting our website at www.allianzlife.com/new-york.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">What is the Performance Lock?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For any Index Option , you can capture the current Index
                Option Value (which <font style="font-weight:bold;text-decoration:underline;">includes</font> the Daily Adjustment) on any Business Day during the Index Year through our Performance Lock feature. You (or your Financial Professional, if
                authorized) can request Performance Locks either &#8220;manually&#8221;, or &#8220;automatically&#8221; by setting target(s) based on the Daily Adjustment. (On our website the Daily Adjustment is included in the Index Option Value Return figures.) The Business Day
                that we execute either a manual or automatic Performance Lock is the <font style="font-weight:bold;">Lock Date</font> for that Index Option.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zd12422623fb64ea49dc9e043caf3c278">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you
                        exercise a Performance Lock at a sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock. Automatic Performance Locks are not available to Contracts issued
                        before August 24, 2015, or that have a Contract number starting with GAZ. </td>
                    </tr>

                </table>
              </div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Risk Factors</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Contract involves certain risks that you should
                understand before purchasing. You should carefully consider your income needs and risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ
                depending on the Allocation Options you choose.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Liquidity Risks</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Contract to be a long-term investment that
                you can use to help build and provide income for retirement. The Contract is not suitable for short-term investment.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you need to take assets from your Contract during the
                withdrawal charge period, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in special circumstances. If
                you need to withdraw most or all of your Contract Value in a short period, you may exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal charge, see the Fee Tables
                and section 6, Expenses &#8211; Withdrawal Charge.)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate the withdrawal charge as a percentage of your
                Purchase Payments, not Contract Value. Consequently, if the Contract Value has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the
                withdrawal charge percentage. For example, assume you buy the Contract with a single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total
                withdrawal charge would be $50 (5% of $1,000). This results in you receiving $750.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Amounts withdrawn from this Contract may also be subject to a
                10% additional federal tax if taken before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We only apply Performance Credits to the Index Options once
                each Index Year on the Index Anniversary, rather than on a daily basis. In the interim, we calculate Index Option Values based on the Daily Adjustment . If you invest in any Index Option and take a withdrawal or annuitize the Contract, or
                if we pay a death benefit, during the interim, you may not receive the full benefit of the Index Returns, Buffers.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can transfer Index Option Value to a Variable Option only
                on every sixth Index Anniversary, and you may transfer Index Option Values among the Index Options only on an Index Anniversary. At other times, you can only move assets out of an Index Option by taking partial withdrawals, surrendering the
                Contract, or entering the Annuity Phase. These restrictions may limit your ability to react to changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks of Investing in Securities</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Returns on securities and securities Indexes can vary
                substantially, which may result in investment losses. The historical performance of the available Allocation Options does not guarantee future results. It is impossible to predict whether underlying investment values will fall or rise.
                Trading prices of the securities underlying the Allocation Options are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and interrelated factors.</div>
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              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;17&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_9"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">These factors can affect capital markets generally and markets on which the
                underlying securities are traded and these factors can influence the performance of the underlying securities.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you allocate Purchase Payments or transfer Contract Value
                to an Index Option, your returns depend on the performance of an Index although you are not directly invested in the Index. Because the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                Index, Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index
                and EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are each comprised of a collection of equity securities, in each case the value of the component securities is subject to
                market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes rapidly and unpredictably. In addition, the value of equity securities may decline for reasons directly related to
                the issuers of the securities.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                  Index is comprised of equity securities issued by large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high
                  growth rate of successful smaller companies.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is comprised of equity securities of small-capitalization U.S. companies. In general, the securities of small-capitalization companies
                  may be more volatile and may involve more risk than the securities of larger companies.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                  Index is comprised of equity securities of the largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To the extent that the Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is comprised of securities issued by companies in a particular sector, that company&#8217;s securities may not perform as well as companies in
                  other sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price
                  volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty).</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><font style="font-weight:Normal;">. EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                  is comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are subject
                  to the risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European
                  markets and actions of the European Union.</font></div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z8e8321817d904aeca706d24f86565572">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The outbreak of the novel coronavirus known as COVID-19 was declared a pandemic by the World Health Organization in March 2020. As of May 1, 2020, the COVID-19
                        pandemic has led to significant volatility and negative returns in the financial markets. These market conditions have impacted the performance of the Indexes to which the Index Options are linked, as well as the funds underlying
                        the Variable Options. If these market conditions continue, and depending on your individual circumstances (<font style="font-style:italic;">e.g.</font>, your selected Allocation Options and the timing of any Purchase Payments,
                        transfers, or withdrawals), you may experience (perhaps significant) negative returns under the Contract. The COVID-19 pandemic and other market factors have resulted in an abnormally low interest rate environment, in which certain
                        rates have gone negative. This low level of rates can affect the returns of an Index, the level of Caps, and other product features, and the performance of your Contract. The duration of the COVID-19 pandemic, and the future impact
                        that the pandemic may have on the financial markets and global economy, cannot be foreseen. You should consult with a Financial Professional about how the COVID-19 pandemic and the recent market conditions may impact your future
                        investment decisions related to the Contract, such as purchasing the Contract or making Purchase Payments, transfers, or withdrawals, based on your individual circumstances. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Risk of Negative Returns</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Variable Options do not provide any protection against
                negative returns. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings if you allocate Purchase Payments or transfer Contract Value to the Variable Options and such losses could be significant.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you allocate Purchase Payments or transfer Contract Value
                to an Index Option , negative Index Returns may cause Performance Credits to be negative after application of the Buffer. Ongoing Contract fees and expenses, including withdrawal charges, could also cause amounts available for withdrawal to
                be less than what you invested even if Index performance has been positive. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings if you allocate Purchase Payments or transfer Contract Value to the
                  Index Options , and such losses could be significant.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you select an Index Option, we calculate Index Option
                Values on each Business Day during an Index Year (other than the Index Effective Date or an Index Anniversary) by adding the Daily Adjustment. The Daily Adjustment affects the total Contract Value available for withdrawal, annuitization,
                and death benefits, and it affects how we determine the contract</div>
            </div>
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              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;18&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_10"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">maintenance charge and Charge Base for the product fee. The Daily Adjustment
                can be less than the Cap even if the year-to-date Index return is greater than the Cap. In addition, even though the year-to-date Index return may be positive, the Daily Adjustment may be negative due to changes in Proxy Value inputs, such
                as volatility, dividend yield, and interest rate. The Daily Adjustment is generally negatively affected by:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="za889c997199c443fac3902d555dccf10">

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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">interest
                        rate decreases, </td>
                    </tr>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">dividend
                        rate increases, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">poor market performance, and </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zdb02bfe417d74cb1a93bb47e53b54288">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.05%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:95.95%;">increases
                        in the expected volatility of Index prices. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you take a withdrawal from an Index Option before the
                Index Anniversary, <font style="font-weight:bold;">you could lose principal and previous earnings because of the Daily Adjustment </font><font style="font-style:italic;font-weight:bold;">even if Index performance is positive on that day
                  or has been positive since the beginning of the Index Year</font><font style="font-weight:bold;">. If the current Index return during the Index Year is negative, the Daily Adjustment could result in losses greater than the protection
                  provided by the or Buffer.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks Associated with Calculation of Performance Credits</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate Performance Credits each Index Year on the Index
                Anniversary. Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the
                Index Year. If you allocate Purchase Payments or transfer Contract Value to the Index Options the Caps limit positive returns and could cause performance to be lower than it would otherwise have been if you invested in a mutual fund
                designed to track the performance of the applicable Index, or the Variable Options.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options do not directly participate in the returns
                of the Indexes or the Indexes&#8217; component securities, and do not receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual
                average of the annual Index returns without and with dividends would have been as follows:</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="zf50aa6c2528241abb5dc71ecc41643ca">

                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:10pt;padding-bottom:2.5pt;padding-right:6pt;text-align:center;vertical-align:bottom;width:34.28%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:66.94%;" colspan="7">January 1, 2010 through December 31, 2019 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:bottom;width:34.28%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.78%;">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.45%;">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:16.19%;">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:16.52%;">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:34.28%;">Returns without dividends </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16.60pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:12.78%;">11.80% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:15.45%;">17.44% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16.60pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:16.19%;">11.35% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:16.52%;">3.16% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:34.28%;">Returns with dividends </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:12.78%;">14.12% </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:15.45%;">18.77% </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:16.19%;">12.86% </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:16.52%;">7.17% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Caps may be adjusted annually on the Index Anniversary and
                may vary significantly from year to year. Changes to Caps may significantly affect the amount of Performance Credit you receive. (For more information, see the &#8220;Changes to Caps and Buffers&#8221; discussion later in this section.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Crediting Methods only capture Index Values on one day
                each year, so you will bear the risk that the Index Value might be abnormally low on these days.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks Associated with Performance Locks</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Performance Lock is executed:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z47adcea1b46a4722a5081c4449208b15">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                        will no longer participate in Index performance, positive or negative, for the remainder of the Index Year for the locked Index Option. This means that under no circumstances will your Index Option Value increase during the
                        remainder of the Index Year. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                        will not receive a Performance Credit on any locked Index Option on the next Index Anniversary. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                        use the Daily Adjustment calculated at the end of the <font style="font-weight:bold;text-decoration:underline;">current</font> Business Day on the Lock Date to determine your locked Index Option Value. This means you will not be
                        able to determine in advance your locked Index Option Value, and it may be higher or lower than it was at the point in time you requested a manual Performance Lock, or that your Index Option reached its target for an automatic
                        Performance Lock. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        a Performance Lock is executed when your Daily Adjustment has declined, you will lock in any loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the
                        Index Option was not locked. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you exercise a Performance Lock at a
                        sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;19&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_11"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Substitution of an Index</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">There is no guarantee that the Indexes will be available
                during the entire time that you own your Contract. If we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to receive positive Performance Credits. We may
                substitute a new Index for an existing Index if:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z14e4460a590e4d3c8c4706d0cb55614e">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        Index is discontinued, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">we
                        are unable to use the Index because, for example, changes to an Index make it impractical or expensive to purchase derivative hedging instruments to hedge the Index, or we are not licensed to use the Index, or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the method of calculation of the Index Values changes substantially, resulting in significantly different Index Values and performance results. This could occur, for example, if an Index altered the
                        types of securities tracked, or the weighting of different categories of securities. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If we add or substitute an Index, we first seek any required
                regulatory approval (from each applicable state insurance regulator) and then provide you with written notice. We also provide you with written notice if an Index changes its name. Substitutions of an Index may occur during an Index Year.
                If we substitute an Index during an Index Year we will combine the return of the replaced existing Index from the prior Index Anniversary to the substitution date with the return of the new Index from the substitution date to the next Index
                Anniversary. If we substitute an Index during an Index Year:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zdaa73cafe8f543008de37a5bd310f11d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">we
                        do <font style="font-weight:bold;text-decoration:underline;">not</font> change the Charge Base we use to calculate the product fee, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the Caps and Buffers for the replaced Index will apply to the new Index. We do <font style="font-weight:bold;text-decoration:underline;">not</font> change the Buffers applicable to your Contract,
                        or the current Caps that we set on the prior Index Anniversary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Changes to Caps associated with the new Index, if any, may
                occur at the next regularly scheduled Index Anniversary or on later Index Anniversaries. Depending on the constitution of the replaced Index, the volatility of its investments, and our ability to hedge the Index&#8217;s performance, we may
                determine, in our discretion, to increase or decrease renewal Caps associated with the new Index. However, we would not implement any change to reflect this difference until the next Index Anniversary after the substitution. The
                substitution of an Index during an Index Year may result in an abnormally large change in the Daily Adjustment on the day we substitute the Index.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The selection of a substitution Index is in our discretion;
                however, it is anticipated that any substitute Index will be substantially similar to the Index it is replacing and we will replace any equity Index with a broad-based equity index.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Changes to Caps and Buffers</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z05f797d8501e4de7b3eb0dd23acffbeb">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">You can only transfer Index Option Value to a Variable Option on a sixth Index Anniversary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We establish Buffers, and initial and renewal Caps as
                indicated under &#8220;When Does Allianz Establish the Values Used to Determine Index Credits?&#8221; in the Summary section. This section also includes information on where to find information on initial and renewal Caps, and the notice we provide you
                of renewal changes on each Index Anniversary.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On each Index Anniversary you have the option of remaining
                allocated to your current Index Options at the renewal Caps, or transferring to another permitted Allocation Option, subject to the limitations on transfers from an Index Option to a Variable Option. If you do not review renewal change
                information when it is published, or take no action to transfer to another permitted Allocation Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal Caps until the next Index
                Anniversary.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You risk the possibility that the renewal Caps you receive
                may be less than you would find acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the close of the Business Day on the Index Anniversary (or the next Business Day if the
                anniversary is a non-Business Day) or you will be subject to these renewal Caps for the next Index Year. Other than on a sixth Index Anniversary when you can transfer Index Option Value to the Variable Options, when your renewal rates
                change the only option available to you is to transfer Index Option Value between Index Options.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Initial and renewal Caps may vary significantly depending
                upon a variety of factors, including:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z31ed8a5342154196a96eb1c956b92260">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">market
                        volatility, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">our
                        hedging strategies and investment performance, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        availability of hedging instruments, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        amount of money available to us through Contract fees and expenses to purchase hedging instruments, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">your Index Effective Date, </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;20&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_12"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zf8b9c2174f0f41b5abdbe853cac2857e">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        level of interest rates, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">utilization
                        of Contract benefits by Owners, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">our profitability goals. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The effect of a change in interest rates or other market
                conditions may not be direct or immediate. There may be a lag in changes to Caps. In a rising interest rate environment, increases in Caps, if any, may be substantially slower than increases in interest rates.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We manage our obligation to provide Performance Credits in
                part by trading call and put options, and other derivatives on the available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal Caps to reflect these cost
                changes. The primary factor affecting the differences in the initial Caps for newly issued Contracts and renewal rates for existing Contracts is the difference in what we can earn from these investments for newly issued Contracts versus
                what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce both initial and renewal Caps, or we may need to substitute an Index. You bear the risk
                that we may reduce Caps, which reduces your opportunity to receive positive Credits. You also bear the risk that the Buffers for your Contract are small, which increases the risk that you could receive negative Performance Credits and incur
                losses.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Investment in Derivative Hedging Instruments</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options are supported by bonds and other fixed
                income securities which are also used to support the Contract guarantees, cash, and derivative hedging instruments used to hedge the movements of the applicable Index.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">At Contract issue, we invest a substantial majority of the
                initial Contract Value allocated to the Index Options in fixed income securities, with most of the remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and
                support our obligations with regard to the Index Options. The derivative hedging instruments we purchase include put options, call options, futures, swaps, and other derivatives.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options move assets in the unregistered separate
                account between a book value subaccount and a market value subaccount during the Index Year based on Index performance. We typically transfer assets between the subaccounts if there is a 10% incremental change in year-to-date Index
                performance. For the Index Performance Strategy this starts at a -10% decrease in the market; for the Index Protection NY Strategy, this starts at a -30% decrease in the market. We monitor year-to-date Index performance daily and change
                allocations daily if needed based on this 10% increment. For more information on our unregistered separate account backing the Index Options, see section 11, Other Information &#8211; Our Unregistered Separate Account.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We currently limit our purchase of derivative hedging
                instruments to liquid securities. However, like many types of derivative hedging instruments, these securities may be volatile and their price may vary substantially. In addition, because we pay Performance Credits regardless of the
                performance of derivative hedging instruments we purchase, we may incur losses on hedging mismatches or errors in hedging. Our experience with hedging securities may affect renewal Caps for existing Contracts.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Certain Variable Options may also invest in derivative
                securities. For more information on these investments, see the Variable Option prospectuses.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Financial Strength and Claims-Paying Ability</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We make Annuity Payments, pay death benefits, and apply
                Performance Credits from our general account. Our general account assets are subject to claims by our creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The assets in our unregistered separate account, Separate
                Account IANY are also subject to claims by our creditors. You can obtain information on our financial condition by reviewing our financial statements in this prospectus. For more information see section 11, Other Information &#8211; Our
                Unregistered Separate Account.</div>
            </div>
            <div style="margin-top:59pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;21&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_13"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z46bc0968ce1e4815ab5c6ff31bfc30fd">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">As a result of the COVID-19 pandemic, economic uncertainties have arisen which are likely to negatively impact Allianz Life of New York&#8217;s net income and
                        surplus. The extent to which the COVID-19 pandemic impacts our business (including our ability to timely process applications or claims), net income, and surplus, as well as our capital and liquidity position, will depend on future
                        developments, which are highly uncertain and cannot be estimated, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Regulatory Protections</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of New York is not an investment company and
                therefore we are not registered as an investment company under the Investment Company Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however,
                registered as an investment company. Any allocations you make to an Index Option are not part of the Separate Account. Allianz Life of New York is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and
                does not provide investment advice to you in connection with your Contract.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract is registered in accordance with the Securities
                Act of 1933 and the offering of the Contract must be conducted in accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract is filed with and approved by New York. State
                insurance laws provide a variety of regulatory protections.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Fee Tables</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These tables describe the fees and expenses you pay when
                purchasing, owning and taking a withdrawal from the Contract, or transferring Contract Value between Allocation Options. For more information, see section 6, Expenses.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner Transaction Expenses</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Withdrawal Charge During Your Contract&#8217;s First Phase, the
                Accumulation Phase<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
                <font style="font-weight:Normal;">(as a percentage of each Purchase Payment withdrawn)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:46.66%;" id="zf00b2a278f6a441ea083fc95dd154933">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:46.21%;">Number of Complete Years<br>
                        Since Purchase Payment </td>
                      <td style="line-height:0pt;padding-bottom:3pt;padding-right:6pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:51.79%;">Withdrawal Charge Amount </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">0 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1.88pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">8.5% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">1 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">8% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">2 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">6.5% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">3 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">5% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">4 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">3% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:46.21%;">5 </td>
                      <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:51.79%;">1% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:46.21%;">6 years or more </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:51.79%;">0% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:67.55%;" id="zc743b16862114001b58b3d1690d235e9">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">
                        <div style="float:left;">Transfer Fee<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:7.70%;">$25 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">(for each transfer between Variable Options after twelve in a Contract Year) </td>
                      <td style="line-height:0pt;padding-top:1pt;text-align:left;vertical-align:top;width:7.70%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:68.56%;" id="zcdb19ac0d0404b5290390a62095310b9">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:89.17%;">
                        <div style="float:left;">Premium Tax<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:9.06%;">3.5% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:89.17%;">(as a percentage of each Purchase Payment) </td>
                      <td style="line-height:10pt;padding-top:1pt;text-align:left;vertical-align:top;width:9.06%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner Periodic Expenses</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:67.55%;" id="z6c0a96c866424b25ac43b7ce73d8d217">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">
                        <div style="float:left;">Contract Maintenance Charge<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:7.70%;">$50 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">(per Contract per year) </td>
                      <td style="line-height:0pt;padding-top:1pt;text-align:left;vertical-align:top;width:7.70%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="ze21e0f2d6b5945c18b8ee9fd3b0bd30d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                        Contract provides a free withdrawal privilege that allows you to withdraw 10% of your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money &#8211; Free Withdrawal
                        Privilege. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                        Withdrawal Charge Basis is the total amount under your Contract that is subject to a withdrawal charge, as discussed in section 6, Expenses &#8211; Withdrawal Charge. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">We
                        count all transfers made in the same Business Day as one transfer, as discussed in section 6, Expenses &#8211; Transfer Fee. The transfer fee does not apply to transfers to or from the Index Options and these transfers do not count
                        against your free transfers. Transfers are subject to the policies discussed in section 4, Variable Options &#8211; Excessive Trading and Market Timing. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">New
                        York does not currently impose this tax, but we reserve the right to deduct this charge if they do so in the future. This is the maximum charge we could deduct if we exercise this right, as discussed in section 6, Expenses &#8211; Premium
                        Tax. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(5) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Waived if the Contract Value is at least $100,000, as discussed in section 6, Expenses &#8211; Contract Maintenance Charge. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:6pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;22&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_14"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Contract Annual Expenses</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:69.48%;" id="z8bb20d9a01014101bb756191afac66eb">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.98%;">
                        <div style="float:left;">Product Fee<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup></div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.27%;">1.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:87.98%;">(as a percentage of the Charge Base) </td>
                      <td style="line-height:0pt;padding-top:1pt;text-align:left;vertical-align:top;width:10.27%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z2570c8b6345348118e213ad2bc20bebe">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(6) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">We
                        do not assess the product fee during the Annuity Phase. See section 6, Expenses &#8211; Product Fee. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annual Operating Expenses of the Variable Options</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following are the minimum and maximum total annual
                operating expenses charged by any of the Variable Options for the most recent fiscal year ended December 31, 2019, before the effect of any contractual expense reimbursement or fee waiver. We show the expenses as a percentage of a Variable
                Option&#8217;s average daily net assets. <font style="font-style:italic;font-weight:bold;">The Index Options do not assess any separate operating expenses, and are not included in the following chart.</font></div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="z8ee8abccb5ad4b33860bba3d6f3eea25">

                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:10pt;padding-bottom:2.5pt;padding-right:3pt;text-align:center;vertical-align:bottom;width:82.03%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:6pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.10%;">Minimum </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.08%;">Maximum </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:10pt;padding-right:3pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-indent:-10pt;text-transform:none;vertical-align:top;width:82.03%;">Total annual Variable Option operating expenses<br>
                        (including management fees, distribution or 12b-1 fees, and other expenses)<br>
                        before fee waivers and expense reimbursements </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:13pt;padding-right:6pt;padding-top:1.75pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.10%;">0.64% </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.08%;">0.72% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The table below describes in detail the total annual
                operating expenses of the Variable Options before fee waivers and/or expense reimbursements. We show the expenses as a percentage of a Variable Option's average daily net assets for the most recent fiscal year ended December 31, 2019.
                Expenses may vary in current and future years. See the Variable Options' prospectuses for further information regarding the expenses you may expect to pay. Some of the Variable Options or their affiliates may also pay service fees to us or
                our affiliates. If these fees are deducted from Variable Option assets, they are reflected in the table below.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z7f4687bd1b7745ccb3b0275f6e738564">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:43.23%;">Variable Option </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.42%;">Management<br>
                        fees </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.00%;">Rule 12b-1<br>
                        fees </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.34%;">Other<br>
                        expenses </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.15%;">Acquired fund<br>
                        fees and expenses </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.86%;">Total annual fund operating<br>
                        expenses before fee<br>
                        waivers and/or expense<br>
                        reimbursements </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:uppercase;vertical-align:top;white-space:nowrap;width:100%;" colspan="6">BLACKROCK </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:43.23%;">AZL Government Money Market Fund<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.42%;">.35 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.00%;">.25 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.34%;">.04 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:Normal;line-height:10pt;line-height:10pt;padding-left:18.47pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none; vertical-align:top;white-space:nowrap;width:13.15%;">&#8211; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.86%;">.64 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="6">ALLIANZ FUND OF FUNDS </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:43.23%;">AZL MVP Balanced Index Strategy Fund<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.42%;">.10 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:Normal;line-height:10pt;line-height:10pt;padding-left:18.47pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none; vertical-align:top;white-space:nowrap;width:8.00%;">&#8211; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.34%;">.04 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:3pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.15%;">.58 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.86%;">.72 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:4pt;padding-right:3pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:43.23%;">AZL MVP Growth Index Strategy Fund<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.42%;">.10 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:Normal;line-height:10pt;line-height:10pt;padding-bottom:4pt;padding-left:18.47pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none;text-decoration:none;text-transform:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.00%;">&#8211; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.34%;">.02 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.15%;">.56 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.86%;">.68 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z09f8752ae8dd460d8168a5de5b9eaa52">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Other
                        Expenses for the AZL Government Money Market Fund include recoupment of prior waived fees in the amount of 0.24%. The Manager has voluntarily undertaken to waive, reimburse, or pay the Fund&#8217;s expenses to the extent necessary in
                        order to maintain a minimum daily net investment income for the Fund of 0.00%. The recoupment of prior waived fees reflects the recoupment of amounts previously waived, reimbursed, or paid by the Manager under this arrangement. Such
                        recoupments are subject to the following limitations: (1) the repayments will not cause the Fund&#8217;s net investment income to fall below 0.00%; (2) the repayments must be made no later than three years after the end of the fiscal year
                        in which the waiver, reimbursement, or payment took place; and (3) any expense recovery paid by the Fund will not cause its expense ratio to exceed 0.87%. See the Investment Option prospectus for further information. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">The underlying funds may pay 12b-1 fees to the distributor of the Contracts for distribution and/or administrative services. The underlying funds do not pay service fees or 12b-1 fees to the Allianz
                        Fund of Funds and the Allianz Fund of Funds do not pay service fees or 12b-1 fees. The underlying funds of the Allianz Fund of Funds may pay service fees to the insurance companies issuing variable contracts, or their affiliates,
                        for providing customer service and other administrative services to contract purchasers. The amount of such service fees may vary depending on the underlying fund. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Examples</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These examples are intended to help you compare the cost of
                investing in this Contract&#8217;s Variable Options with the costs of other variable annuity contracts. These examples assume you make a $10,000 investment and your Variable Options earn a 5% annual return. They are not a representation of past
                or future expenses. Your Contract expenses may be more or less than the examples below, depending on the Variable Options you select and whether and when you take withdrawals.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct the $50 contract maintenance charge in the examples
                on each Contract Anniversary during the Accumulation Phase (or the next Business Day if the Contract Anniversary is a non-Business Day). We may waive this charge under certain circumstances, as described in section 6, Expenses &#8211; Contract
                Maintenance Charge. We deduct the annual product</div>
            </div>
            <div style="margin-top:34pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;23&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_15"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">fee (maximum charge of 1.25% ) in the examples on each Quarterly Contract
                Anniversary during the Accumulation Phase, as described in section 6, Expenses &#8211; Product Fee. A transfer fee may apply, but is not reflected in these examples (see section 6, Expenses &#8211; Transfer Fee).</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z1ec0684d73ad4e1b82d9f46b605e83d8">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you surrender your Contract (take a full withdrawal) at the end of each time period. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:86.03%;" id="z8899e5b4d45f4a5ca0240e9a9054fd02">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:62.07%;">Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of: </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.43%;">1 Year </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">3 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">5 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:6pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.96%;">10 years </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:62.07%;">0.72% (maximum Investment Option operating exp.) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.43%;">$1,014 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,393 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,748 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,737 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:62.07%;">0.64% (minimum Investment Option operating exp.) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.43%;">$1,006 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,369 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,708 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,655 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z8842fd69325f47cca3bf46aea08ce871">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you annuitize your Contract and begin Annuity Payments at the end of each time period. The earliest available Annuity Date (the date we begin making Annuity Payments) is 13 months after the Issue Date. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:86.03%;" id="zc8ca0d39ac0d4462a72bbbff9f77c741">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:62.18%;">Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of: </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.32%;">1 Year </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">3 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">5 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:6pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.96%;">10 years </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:62.18%;">0.72% (maximum Investment Option operating expense) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.32%;">N/A </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$713 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,248 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,687 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:62.18%;">0.64% (minimum Investment Option operating expense) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.32%;">N/A </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$689 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,208 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,605 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z3173f9b8409946519fb3b303e0ef3a5a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you do not surrender your Contract. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:86.03%;" id="z255a8be673c64cab9eb2ebcaf7cbe0e3">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:62.18%;">Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of: </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.32%;">1 Year </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">3 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.09%;">5 Years </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:6pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.96%;">10 years </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:62.18%;">0.72% (maximum Investment Option operating expense) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.32%;">$249 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$763 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:9pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,298 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:19pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,737 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:62.18%;">0.64% (minimum Investment Option operating expense) </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.32%;">$241 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$739 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:9pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.09%;">$1,258 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:19pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.96%;">$2,655 </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Condensed Financial Information</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of Allianz Life Insurance
                Company of New York are included in Appendix G of this prospectus. The financial statements of Allianz Life of NY Variable Account C are included or incorporated by reference in Part C of the Form N-4 Registration Statement.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Accumulation unit value (AUV) information for the subaccounts
                offered under the Contract offered by this prospectus, as of the end of December 31, 2019, is listed in the table below. This information should be read in conjunction with the financial statements and related notes of the Separate Account
                included in Part C of the Form N-4 Registration Statement.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(Number of Accumulation Units in thousands)</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.19%;" id="z5c4fd95f296f4daba6407b796407be87">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.57%;">Period or Year Ended </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">AUV at Beginning of Period </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">AUV at End of Period </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">Number of Accumulation Units<br>
                        Outstanding at End of Period </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.88pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;" colspan="4">AZL Government Money Market Fund </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2014 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">N/A </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.755 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">124.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2015 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.755 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.756 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">249.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2016 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.756 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.757 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">444.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2017 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.757 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.763 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">524.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2018 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.763 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.893 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">629.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2019 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.893 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.072 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">774.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;" colspan="4">AZL MVP Balanced Index Strategy Fund </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2014 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">N/A </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.956 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2015 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.956 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.927 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">60.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2016 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.927 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.782 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">87.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2017 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.782 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">15.353 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">85.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2018 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">15.353 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.671 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">97.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2019 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.671 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">17.152 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">108.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;" colspan="4">AZL MVP Growth Index Strategy Fund </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2014 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">N/A </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.280 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">8.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2015 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.280 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.165 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">29.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2016 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">14.165 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">15.128 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">44.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2017 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">15.128 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">17.543 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">47.00 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2018 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">17.543 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">16.412 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">62.00 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2019 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">16.412 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">19.779 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">57.00 </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:59pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;24&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_16"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">1.<font style="text-transform:uppercase;">&#160;&#160;The
                  Contract</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">An annuity is a contract between you as the Owner, and an
                insurance company (in this case Allianz Life of New York), where you make payments to us and we invest that money in the Allocation Options you select. Depending on market conditions, your Contract may gain or lose value based on the
                returns of your selected Allocation Options. When you are ready to take money out, we make payments to you according to your instructions and any restrictions associated with the payout option you select that is described in this
                prospectus. We do not make any changes to your Contract without your permission except as may be required by law.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract has an Accumulation Phase and an Annuity Phase.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The <font style="font-style:italic;font-weight:bold;">Accumulation
                  Phase</font> is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Allocation Options you select on a tax-deferred basis. Tax deferral means you are not taxed on
                any earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 10, Taxes.)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">During the Accumulation Phase you can take withdrawals
                (subject to any withdrawal charge) and you can make additional Purchase Payments subject to the restrictions set out in section 3, Purchase Requirements.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Accumulation Phase ends upon the earliest of the
                following.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z6800707e0a9340c0bc0706cbc5481e3e">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Business Day before the Annuity Date. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Business Day we process your request for a full withdrawal. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Upon the death of any Owner (or the Annuitant if the Owner is a non-individual), the Business Day we first receive a Valid Claim from any one Beneficiary, unless the surviving spouse/Beneficiary
                        continues the Contract. If there are multiple Beneficiaries, the remaining Contract Value continues to fluctuate with the performance of the Allocation Options until the complete distribution of the death benefit. A <font style="font-weight:bold;">Valid Claim</font> is the documents we require to be received in Good Order at our Service Center before we pay any death claim. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you request Annuity Payments, the Accumulation Phase of
                your Contract ends and you enter the <font style="font-style:italic;font-weight:bold;">Annuity Phase</font>. During the Annuity Phase we make regular fixed periodic Annuity Payments based on the life of the Annuitant(s), or life and term
                certain. We send Annuity Payments to the <font style="font-weight:bold;">Payee</font> (the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity Payments begin, subject to certain
                restrictions. We base Annuity Payments on your Contract Value and the payout rates for the Annuity Option you select. Your Annuity Payments do not change unless an Annuitant dies. The Annuity Phase ends when we make the last Annuity Payment
                under your selected Annuity Option. For more information, see section 8, The Annuity Phase.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Financial Adviser Fees</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you have a financial adviser and want to take a withdrawal
                from this Contract to pay your financial adviser fee, you can submit a written request to our Service Center on a form satisfactory to us. If we approve your request, we withdraw the fee and pay it to your financial adviser. <font style="font-weight:bold;">We treat this fee payment as a withdrawal which means a withdrawal charge, ordinary income taxes, and a 10% additional federal tax if you are under age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;</font><font style="font-size:6pt;font-weight:bold;line-height:8pt;">2</font><font style="font-weight:bold;"> may apply, and the amount of
                  Contract Value available for withdrawal may be affected by the Daily Adjustment </font><font style="font-style:italic;font-weight:bold;">(which can be negative).</font><font style="font-weight:bold;"> </font>If this is a Non-Qualified
                Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract. Financial adviser fees paid from an IRA Contract will not be treated as a taxable withdrawal as long as the annuity contract is solely
                liable for the payment of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments. <font style="font-style:italic;font-weight:bold;">Please consult with your Financial
                  Professional before requesting us to pay financial adviser fees from this Contract compared to other assets you may have.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your investment adviser acts on your behalf, not ours. We are
                not party to any agreement between you and your financial adviser, nor are we responsible for your financial adviser&#8217;s actions. We do not set your financial adviser&#8217;s fee or receive any part of it. Any financial adviser fee you pay is in
                addition to this Contract&#8217;s fees and expenses. You should ask your financial adviser about compensation they receive for this Contract. Allianz Life of New York is not an investment adviser, and does not provide investment advice in
                connection with sales of the Contract. We are not a fiduciary to you, and do not make recommendations or assess suitability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can submit a written request to our Service Center on a
                form satisfactory to us to allow your financial adviser to make Allocation Option transfers on your behalf. However, we reserve the right to review a financial adviser&#8217;s trading history before allowing him or her to make transfers. If, in
                our sole discretion, we believe the financial adviser's trading history</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;25&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_17"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">indicates excessive trading, we can deny your request. If we approve it, your
                financial adviser is subject to the same trading restrictions that apply to Owners. We can deny or revoke trading authority in our sole discretion.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">When the Contract Ends</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract ends when:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z8be65452267b4e36b5acdfd41e64c0d1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">all
                        applicable phases of the Contract (Accumulation Phase and/or Annuity Phase) have ended, and/or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">if we received a Valid Claim, all applicable death benefit payments have been made. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For example, if you take a full withdrawal of the total
                Contract Value, both the Accumulation Phase and the Contract end even though the Annuity Phase never began and we did not make any death benefit payments.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">2.<font style="text-transform:uppercase;">&#160;&#160;Ownership,

                  Annuitant, Determining Life, Beneficiary, and Payee</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Owner designated at Contract issue has all the rights
                under the Contract. The Owner may be an individual, or a non-individual (e.g. a trust, tax-exempt entity, or corporation). Qualified Contracts and non-individually owned Contracts can only have one Owner. A <font style="font-weight:bold;">Qualified
                  Contract</font> is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Joint Owner</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Non-Qualified Contract can be owned by up to two individual
                Owners <font style="font-weight:bold;">(Joint Owners)</font>. We generally require the signature of both Joint Owners on any forms that are submitted to our Service Center.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annuitant</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Annuitant is the individual on whose life we base Annuity
                Payments. Subject to our approval, you designate an Annuitant when you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a
                custodial arrangement. You can change the Annuitant on an individually owned Non-Qualified Contract at any time before the Annuity Date. <font style="font-style:italic;font-weight:bold;">You cannot change the Annuitant if the Owner is a
                  non-individual</font>. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any plan requirements associated with the Contract. For
                individually owned Contracts, if the Annuitant who is not an Owner dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the Owner can subsequently name another Annuitant.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Designating different persons as Owner(s) and Annuitant(s) can
                have important impacts on whether a death benefit is paid, and on who receives it as indicated below<font style="font-weight:Normal;">. For more examples, please see the Appendix to the Form N-4 SAI. </font>Use care when designating Owners
                and Annuitants, and consult your Financial Professional if you have questions<font style="font-weight:Normal;">.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: uppercase;">Upon the Death of a Sole Owner<br>
              </div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;"> </div>
            <div style="margin-top:10.5pt;">
              <div style="float:left;overflow:hidden;position:relative;width:48.40%;" type="Block">
                <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Action if the Contract is in the Accumulation Phase</div>
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
                <div>
                  <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:8.5pt;width:100%;" id="zc7fb699c2a0e4922b54f15eb9092637d">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">We
                          pay a death benefit to the Beneficiary unless the Beneficiary is the surviving spouse and continues the Contract. </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.12%;">If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract: </td>
                      </tr>

                  </table>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:5.88%;margin-top:2pt;width:94.12%;" id="z59f397a8c16d4bffad519cd02dc65c9a">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">we
                          increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if greater and available, and the death benefit ends, </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">the
                          surviving spouse becomes the new Owner, </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">the
                          Accumulation Phase continues, and </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:93.75%;">upon the surviving spouse&#8217;s death, his or her Beneficiary(s) receives the Contract Value. </td>
                      </tr>

                  </table>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z249a9bd759de4dc38f2c67e46af9be77">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">If
                          the deceased Owner was not a Determining Life, the Traditional Death Benefit is not available and the Beneficiary(s) receives the Contract Value. </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="float:right;overflow:hidden;position:relative;width:48.40%;" type="Block">
                <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Action if the Contract is in the Annuity Phase</div>
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
                <div>
                  <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:8.5pt;width:100%;" id="z5eb4c07bc06446bca307118a9b5210eb">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">The
                          Beneficiary becomes the Payee. If we are still required to make Annuity Payments under the selected Annuity Option, the Beneficiary also becomes the new Owner. </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">If
                          the deceased was not an Annuitant, Annuity Payments to the Payee continue. No death benefit is payable. </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.12%;">If the deceased was the only surviving Annuitant, Annuity Payments end or continue as follows. </td>
                      </tr>

                  </table>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:5.88%;margin-top:3pt;width:94.12%;" id="ze6d49314d8bf49bdacfc0954099eb532">

                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">Annuity
                          Option 1 or 3, payments end. </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">Annuity
                          Option 2 or 4, payments end when the guarantee period ends. </td>
                      </tr>
                      <tr style="page-break-inside:avoid;">
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                        <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:93.75%;">Annuity Option 5, payments end and the Payee may receive a lump sum refund. </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <div style="clear:both;">&#160;
              <div style="clear:both;padding-top:4pt;width:100%;" type="Block">
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
                <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              </div>
            </div>
            <div style="padding-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;26&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_18"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:48%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z132f671036a54d7cb56ac6ec541afdde">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">If the
                        deceased was an Annuitant and there is a surviving joint Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant. No death benefit is payable. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:11pt;width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Determining Life (Lives)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Determining Life (Lives) are the individuals on whose
                life we base the total Purchase Payments adjusted for withdrawals provided by the Traditional Death Benefit . We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the Determining Life (Lives) are
                the Owner(s). For a non-individually owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zcde4e2d9f34548aaa4b8796b209a7f25">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you
                        remove a Joint Owner due to divorce, we also remove that person as a Determining Life, or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">you establish a jointly owned Non-Qualified Contract and change ownership to a Trust, we remove the prior Owner who is not the Annuitant as a Determining Life. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Beneficiary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Beneficiary is the person(s) or entity you designate at
                Contract issue to receive any death benefit. You can change the Beneficiary or contingent Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die
                simultaneously, that Beneficiary&#8217;s interest in this Contract ends unless your Beneficiary designation specifies otherwise. You and a Beneficiary are deemed to have died simultaneously if it is not established by clear and convincing
                evidence that either you or the Beneficiary survived the other by 120 hours. If there are no surviving Beneficiaries or if there is no named Beneficiary, we pay the death benefit to your estate or the Owner if the Owner is a non-individual.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="za93f3322647a4d7f9e65fafd3d71baa7">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">FOR JOINTLY OWNED CONTRACTS:<font style="font-style:Normal;font-weight:Normal;"> The sole primary Beneficiary is the surviving Joint Owner regardless of any
                          other named primary Beneficiaries. If both Joint Owners die simultaneously, we pay the death benefit to the named contingent Beneficiaries or equally to the estate of the Joint Owners if there are no named contingent
                          Beneficiaries.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Payee</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Payee is the person or entity who receives Annuity
                Payments during the Annuity Phase. The Owner receives tax reporting on those payments. Generally we require the Payee to be an Owner. However, you can name a charitable trust, financial institution, qualified plan, or an individual
                specified in a court order as a Payee. For Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Assignments, Changes of Ownership and Other Transfers of
                Contract Rights</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can assign your rights under this Contract to someone
                else during the Accumulation Phase. An assignment may be absolute or limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the
                assignee of record to exercise certain Contract rights depending on the type of assignment and the rights assigned.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You must submit your request to assign the Contract in
                writing to our Service Center and we must approve it in writing.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Upon receipt of your request in Good Order, we record the
                assignment. We are not responsible for the validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. A request is in &#8220;<font style="font-weight:bold;">Good Order</font>&#8221; when it contains all the information we require to process it. Assigning the Contract does not change, revoke or replace the originally named Annuitant or Beneficiary; if you also want to
                change the Annuitant or Beneficiary you must make a separate request.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zb42cd06cead347dbb8a581e54d1a8ea1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">An assignment may be a taxable event</font>. In addition, there are other restrictions on changing the ownership of a Qualified Contract and Qualified Contracts generally cannot be assigned absolutely or
                        on a limited basis. <font style="font-style:italic;font-weight:bold;">You should consult with your tax adviser before assigning this Contract</font>. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">An assignment does not change the Determining Life (Lives).</font> </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:47pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;27&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_19"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">3.<font style="text-transform:uppercase;">&#160;&#160;Purchasing

                  the Contract</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Purchase Requirements</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To purchase this Contract, on the Issue Date all Owners and
                the Annuitant must be age 80 or younger.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Purchase Payment requirements for this Contract are as
                follows.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z7553cfc6057f424ab275f5861c9733cd">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        minimum initial Purchase Payment due on the Issue Date is $10,000. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                        can make additional Purchase Payments of $50 or more during the Accumulation Phase. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                        do not accept additional Purchase Payments on or after the Annuity Date. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The maximum total Purchase Payments we accept is $1 million. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We may, at our sole discretion, waive the minimum Purchase
                Payment requirements.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once we receive your initial Purchase Payment and all
                necessary information in Good Order at our Service Center, we issue the Contract within two Business Days and allocate your payment to your selected Allocation Options. If you do not give us all of the information we need, we contact you or
                your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep it until we get all of the necessary information. If
                you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you submit a Purchase Payment and/or application to your
                Financial Professional, we do not begin processing the payment and/or application until we receive it. A Purchase Payment is &#8220;received&#8221; when it arrives at our Service Center from the address for mailing checks listed at the back of this
                prospectus regardless of how or when you submitted them. We forward Purchase Payments we receive at the wrong address to the last address listed at the back of this prospectus, which may delay processing.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We can only decline a Purchase Payment if it would cause
                total Purchase Payments to be more than $1 million, or if it would otherwise violate the Purchase Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date). If mandated
                under applicable law, we may be required to reject a Purchase Payment.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Applications Sent Electronically</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We accept manually signed applications that are in Good Order
                and are sent by fax, or email, or uploaded to our website. It is important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not
                receive. A manually signed application sent by fax, email or over the web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can
                experience outages or slowdowns which may delay application processing. Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written
                application by mail to our Service Center. We reserve the right to discontinue or modify our electronic application policy at any time and for any reason.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Allocation of Purchase Payments and Contract Value Transfers</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The allocation instructions you provide on your application
                automatically become your Purchase Payment default instructions. (In your Contract, Purchase Payment default instructions are called future allocation instructions.) We use these default instructions for all Purchase Payments we receive
                unless you change them, or give us alternate allocation instructions specific to an individual Purchase Payment. <font style="font-style:italic;font-weight:bold;">We only allow Purchase Payments to move into the Index Options on the Index
                  Effective Date and on subsequent Index Anniversaries.</font> As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your Purchase Payment default
                instructions. On the Index Effective Date we rebalance or reallocate your total Contract Value among all of your selected Allocation Options according to your Purchase Payment default instructions. For additional Purchase Payments we
                receive <font style="font-style:italic;font-weight:bold;">after</font> the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary. This
                transfer on the next Index Anniversary does not involve a reallocation of your total Contract Value.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We only allow Variable Account Value transfers into Index
                Options and Index Option Value transfers between Index Options on Index Anniversaries<font style="font-style:Normal;font-weight:Normal;">. You can automatically reallocate your total Contract Value annually by providing us with instructions
                  (see section 5, Optional Reallocation Program).</font></div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;28&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_20"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You select the Index Effective Date when you purchase your
                Contract. It can be any Business Day up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="zcbf5b49ef586411ab8921caf57d60140">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:28.54%;">On your application if you select&#8230; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:71.46%;">Your Index Effective Date will be either&#8230; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:28.54%;">the earliest Index Effective Date </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.46%;">&#8226;&#8194;your Issue Date, or<br>
                        &#8226;&#8194;the first Business Day of the next month if the Issue Date is the 29th, 30th, or 31st of a month </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:28.54%;">the deferred Index Effective Date </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:71.46%;">&#8226;&#8194;your first Quarterly Contract Anniversary, or<br>
                        &#8226;&#8194;the next Business Day if the first Quarterly Contract Anniversary occurs on a non-Business Day, or the first Business Day of the next month if the first Quarterly Contract Anniversary is the 29th, 30th, or 31st of a month </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You can change your Index Effective Date before it occurs to
                be an earlier or later date by submitting a request. However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good Order at our Service Center before the end
                of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can change your Purchase Payment default instructions at
                any time without fee or penalty. These changes are effective on the Business Day we receive them in Good Order at our Service Center. We accept changes to Purchase Payment default instructions from any Owner unless you instruct otherwise.
                We may allow you to authorize someone else to change these default instructions on your behalf. <font style="font-style:italic;font-weight:bold;">Changes to your Purchase Payment default instructions do not reallocate or transfer existing
                  Index Option Values</font>.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We notify you at least 30 days in advance of each Index
                Anniversary as a reminder that on the upcoming anniversary you may transfer Variable Account Value to the Index Options, and you may transfer Index Option Value between Index Options. Transfers between Allocation Options do not change your
                Purchase Payment default instructions. For more information, see section 4, Variable Options &#8211; Electronic Transfer and Allocation Instructions. On each Index Anniversary, if we have not received transfer instructions from you, and you are
                not participating in the Index Option reallocation program, all assets invested continue to be invested in the Index Options at the renewal Caps.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You cannot transfer Index Option Value to the Variable
                Options except on every sixth Index Anniversary, <font style="font-style:italic;font-weight:bold;">at which point you can do so even if the assets you wish to transfer have been in the Index Options for less than six full years</font>. If
                you request to transfer Index Option Value to the Variable Options on a sixth Index Anniversary this request automatically cancels any prior transfer instructions you gave to us regarding moving Variable Account Value to the Index Options.
                We must receive all Index Option transfer instructions in Good Order at our Service Center before the end of the Business Day on the Index Anniversary (or the next Business Day if the Index Anniversary is a non-Business Day).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can transfer Variable Account Value among the Variable
                Options on any Business Day, except that any amount held in the AZL Government Money Market Fund that is set to be allocated to an Index Option on the Index Effective Date or an Index Anniversary will not be transferred to the Index Option
                if it is transferred to another Variable Option.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zf294f81ba5cf41008264f6750658a713">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; In order to apply Purchase
                        Payments we receive <font style="font-style:italic;font-weight:bold;">after</font> the Index Effective Date to your selected Index Option(s) on the next Index Anniversary, we must receive them <font style="font-weight:bold;text-decoration:underline;">before</font> the end of the Business Day on the Index Anniversary (or before the end of the <font style="font-weight:bold;text-decoration:underline;">prior</font> Business Day
                        if the anniversary is a non-Business Day). </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; Variable
                        Options are subject to Contract fees and expenses (e.g. product fee), and market risk and assets you allocate to them may lose value, <font style="font-style:italic;font-weight:bold;">including any Purchase Payments we hold in the
                          AZL Government Money Market before transferring them to your selected Index Options</font>. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Automatic Investment Plan (AIP)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AIP makes additional Purchase Payments to the Variable
                Options during the Accumulation Phase on a monthly or quarterly basis by electronic money transfer from your savings, checking or brokerage account. You can participate in AIP by completing our AIP form. Our Service Center must receive your
                form in Good Order by the 15th of the month (or the next Business Day if the 15th is a non-Business day) in order for AIP to begin that same month. We process AIP Purchase Payments on the 20th of the month, or the next Business Day if the
                20th is a non-Business Day. We allocate AIP Purchase Payments according to your Purchase Payment default instructions which must comply with the allocation requirements and restrictions stated in this section. AIP has a maximum of $1,000
                per month. We must receive your request to stop or change AIP at our Service Center by the end of the last Business Day immediately before the Business Day we process</div>
            </div>
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              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;29&#160;</div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_21"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">AIP to make the change that month. If you choose to begin Annuity Payments,
                AIP ends automatically on the Business Day before the Annuity Date. We reserve the right to discontinue or modify AIP at any time and for any reason.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z701f24942b4b454b9661e04f7595262b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">For Owners of Qualified Contracts, AIP is not available if you have an Inherited IRA Contract, an Inherited Roth IRA Contract, or if your Contract is funding a
                        plan that is tax qualified under Section 401 of the Code. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Free Look/Right to Examine Period</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you change your mind about owning the Contract, you can
                cancel it within ten days after receiving it. We return your Contract Value as of the Business Day we receive your cancellation request in Good Order. This may be more or less than your initial Purchase Payment. If you have an IRA Contract,
                we refund your Purchase Payments less withdrawals, or Contract Value, if greater. For IRA Contracts, we reserve the right to allocate your initial Purchase Payment to the AZL Government Money Market Fund until the free look period ends, and
                then re-allocate your money, less fees and charges, according to your Purchase Payment default instructions. We do not assess a withdrawal charge or deduct any other Contract fees or expenses if you cancel your Contract during the free look
                period. In the Contract, the free look provision is also called the right to examine.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">4.<font style="text-transform:uppercase;">&#160;&#160;Variable

                  Options</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table lists this Contract&#8217;s Variable Options
                and their associated investment advisers and subadvisers, investment objectives, and principal investment strategies. Depending on market conditions, you can gain or lose value by investing in the Variable Options. In the future, we may
                add, eliminate or substitute Variable Options to the extent permitted by the federal securities laws and, when required, the SEC.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You should read the Variable Options' prospectuses<font style="font-weight:Normal;"> </font>carefully<font style="font-weight:Normal;">. The Variable Options invest in different types of securities and follow varying investment strategies. There are potential risks associated with each of
                  these types of securities and investment strategies. The operation of the Variable Options and their various risks and expenses are described in the Variable Options' prospectuses. We send you the current copy of the Variable Options'
                  prospectuses when we issue the Contract. </font>(You can also obtain the current Variable Options' prospectuses by contacting your Financial Professional or calling us at the toll-free telephone number listed at the back of this
                prospectus.)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, the Variable Options are not publicly available
                mutual funds. They are available only as Variable Options in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified pension or
                retirement plans. A material conflict of interest may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. Each Variable Option's Board of Directors monitors for material
                conflicts, and determines what action, if any, should be taken to address any conflicts.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The names, investment objectives and policies of certain
                Variable Options may be similar to the names, investment objectives and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the Variable Options' investment
                results may be higher or lower than these other portfolios&#8217; results. The investment advisers cannot guarantee, and make no representation, that these similar funds' investment results will be comparable even though the Variable Options have
                the same names, investment advisers, objectives, and policies.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Variable Option offered by the Allianz Variable
                Insurance Products Fund of Funds Trust (Allianz VIP Fund of Funds Trust) is a &#8220;fund of funds&#8221; and diversifies its assets by investing primarily in shares of several other affiliated mutual funds.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Variable Options may pay 12b-1 fees to the Contracts&#8217;
                distributor, our affiliate, Allianz Life Financial Services, LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are compensated
                by the Variable Options' advisers, distributors and/or affiliates for administrative services and benefits we provide to these Variable Options. The compensation amount usually is based on the Variable Options' aggregate assets purchased
                through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any variable annuity contract we offer is 0.35% annually of the
                average aggregate amount invested by us in the variable investment options.</div>
            </div>
            <div style="margin-top:35pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;30&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_22"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Allianz VIP Fund of Funds Trust underlying funds do not
                pay 12b-1 fees or service fees to the Trust, and the Trust does not charge 12b-1 fees or service fees. The Allianz VIP Fund of Funds Trust underlying funds or their advisers may pay service fees to us and our affiliates for providing
                customer service and other administrative services to you. Service fees may vary depending on the underlying fund.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer other variable annuity contracts that may invest in
                these Variable Options. These contracts may have different charges and may offer different benefits more appropriate to your needs. For more information about these contracts, please contact our Service Center.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Investment Management LLC is an adviser/subadviser
                that is affiliated with us through common ownership.</div>
              <div style="color:#000000;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:6pt;text-align:center;text-decoration:none;text-transform:uppercase;">VARIABLE OPTIONS</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:98.79%;" id="z272eac4d8de44f5f913f135ac438bc12">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.01%;">Investment<br>
                        Management<br>
                        Company and<br>
                        Adviser/Subadviser </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Investment<br>
                        Option Name </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Asset Class </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Investment<br>
                        Objective </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:38.11%;">Principal Investment Strategies<br>
                        <font style="font-weight:Normal;">(Normal market conditions)</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:uppercase;vertical-align:top;width:100%;" colspan="5">Allianz Fund of Funds </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.01%;" rowspan="2">Allianz Investment Management LLC </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">AZL MVP Balanced Index Strategy Fund </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">A &#8220;Fund of Funds&#8221; Model Portfolio </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Long-term capital appreciation with preservation of capital as an important consideration </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:38.11%;">Invests primarily (approximately 95%) in a combination of five underlying index funds (generally allocated 40% to 60% to underlying equity index funds and
                        40% to 60% to underlying bond index fund), combined with the MVP (Managed Volatility Portfolio) risk management process intended to adjust the risk of the portfolio based on quantitative indicators of market risk. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">AZL MVP Growth Index Strategy Fund </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">A &#8220;Fund of Funds&#8221; Model Portfolio </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Long-term capital appreciation </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:38.11%;">Invests primarily (approximately 95%) in a combination of five underlying index funds (generally allocated 65% to 85% to underlying equity index funds and
                        15% to 35% to underlying bond index fund), combined with the MVP (Managed Volatility Portfolio) risk management process intended to adjust the risk of the portfolio based on quantitative indicators of market risk. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:uppercase;vertical-align:top;white-space:nowrap;width:100%;" colspan="5">Blackrock </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:4pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.01%;">Allianz Investment Management LLC/BlackRock Advisors, LLC </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">AZL Government Money Market Fund </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Cash Equivalent </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Current income consistent with stability of principal </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt;padding-right:4pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:38.11%;">Invests at least 99.5% of its total assets in cash, government securities, or repurchase agreements that are collateralized
                        fully. Invests at least 80% in government securities or in repurchase agreements collateralized by government securities. Investments include U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and
                        interest by the U.S. Government, its agencies or instrumentalities, and repurchase agreements secured by such obligations. In addition, the Fund may invest in variable and floating rate instruments. During extended periods of low
                        interest rates, and due in part to contract fees and expenses, the yield of the AZL Government Money Market Fund may also become extremely low and possibly negative. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Substitution of Variable Options and Limitation on Further
                Investments</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may substitute another Variable Option for one of your
                selected Variable Options, for any reason in our sole discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. We may
                make substitutions with respect to your existing allocations, future Purchase Payment allocations, or both. New or substitute Variable Options may have different fees and expenses, and their availability may be limited to certain purchaser
                classes. We may limit further Variable Option allocations if marketing, tax or investment considerations warrant, or for any reason in our sole discretion. We may also close Variable Options to additional allocations. The fund companies
                that sell Variable Option shares to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Transfers Between Variable Options</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can transfer Variable Account Value among the Variable
                Options on any Business Day. Transfers may be subject to a transfer fee as stated in section 6, Expenses.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following applies to any transfer.</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z5122a1d23e7c41cd973bc4514345a1f2">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Your
                        request for a transfer must clearly state the Variable Options involved and how much to transfer. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:11pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;31&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_23"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z0ffbf76ecf7e4d2e94dfd99b9fd2bca5">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Your
                        right to make transfers is subject to the Excessive Trading and Market Timing policy discussed later in this section. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Variable Account Value transfers between Variable Options do not change your Purchase Payment default instructions. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Any amount held in the AZL Government Money Market Fund that
                is set to be allocated to an Index Option on the Index Effective Date or an Index Anniversary will not be transferred to the Index Option if it is transferred to another Variable Option.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We process transfer requests based on prices next determined
                after we receive your request in Good Order at our Service Center. If we do not receive your transfer request <font style="font-weight:bold;">before</font> the end of the <font style="font-weight:bold;">current</font> Business Day, even
                if due to our delay in answering your call or a delay caused by our electronic systems, you receive the <font style="font-weight:bold;">next</font> Business Day&#8217;s prices. For jointly owned Contracts, unless you require us to obtain
                signatures from both Joint Owners, we accept transfer instructions from any Joint Owner. We may also allow you to authorize someone else to request transfers on your behalf.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Electronic Transfer and Allocation Instructions</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We use reasonable procedures to confirm that electronic
                transfer and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record all telephone instructions and log all fax, email and
                website instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Please note that telephone, fax, email and/or the website may
                not always be available. Any electronic system, whether it is ours, yours, your service provider&#8217;s, or your Financial Professional&#8217;s, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of
                your transfer request or allocation instruction change. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions
                in writing to our Service Center.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">By authorizing electronic instructions, you authorize us to
                accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect
                your website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Electronic Transfer and Allocation Instructions</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We use reasonable procedures to confirm that electronic
                transfer and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record all telephone instructions and log all fax, email and
                website instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Please note that telephone, fax, email and/or the website may
                not always be available. Any electronic system, whether it is ours, yours, your service provider&#8217;s, or your Financial Professional&#8217;s, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of
                your transfer request or allocation instruction change. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions
                in writing to our Service Center.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">By authorizing electronic instructions, you authorize us to
                accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect
                your website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Excessive Trading and Market Timing</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may restrict or modify your right to make transfers to
                prevent any use that we consider to be part of a market timing program.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Frequent transfers, programmed transfers, transfers into and
                then out of a Variable Option in a short period of time, and transfers of large amounts at one time (collectively referred to as &#8220;potentially disruptive trading&#8221;) may have harmful effects for other Owners, Annuitants and Beneficiaries.
                These risks and harmful effects include the following.</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0d02cf7f137840778167c4bdea928237">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Dilution
                        of the interests of long-term investors in a Variable Option, if market timers or others transfer into a Variable Option at prices that are below their true value, or transfer out at prices above their true value. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;32&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_24"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zaec00083f2a143ecb82877338ce6932f">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">An
                        adverse effect on portfolio management, such as causing a Variable Option to maintain a higher level of cash or causing a Variable Option to liquidate investments prematurely. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Increased brokerage and administrative expenses. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We attempt to protect our Owners and the Variable Options
                from potentially disruptive trading through our Excessive Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the Variable Options as follows:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2672138288fc4d28a5768fef45022e14">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Limit
                        transfer frequency (for example, prohibit more than one transfer a week, or more than two a month, etc.). </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Restrict
                        the transfer method (for example, requiring all transfers be sent by first-class U.S. mail and rescinding electronic transfer privileges). </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Require
                        a minimum time period between each transfer into or out of the same Variable Option. Our current Excessive Trading and Market Timing policy, which is subject to change without notice, prohibits &#8220;round trips&#8221; within 14 calendar days.
                        We do not include transfers into and/or out of the AZL Government Money Market Fund when available in your Contract or any automatic transfers made under any of our programs or Contract features. Round trips are transfers into and
                        back out of the same Variable Option, or transfers out of and back into the same Variable Option. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Refuse
                        transfer requests made on your behalf by an asset allocation and/or market timing service. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Limit
                        the dollar amount of any single Purchase Payment or transfer request to a Variable Option. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Prohibit
                        transfers into specific Variable Options. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Impose other limitations or restrictions to the extent permitted by federal securities laws. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We also reserve the right to reject any specific Purchase
                Payment allocation or transfer request from any person if in the investment adviser&#8217;s, subadviser&#8217;s or our judgment, a Variable Option may be unable to invest effectively in accordance with its investment objectives and policies. This could
                occur, for example, where frequent or rapid trading causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting Variable Option
                returns. Similarly, rapid or frequent trading may cause a Variable Option to incur excessive transaction fees, which also could affect performance.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We retain some discretion in determining what actions
                constitute potentially disruptive trading and in determining when and how to impose trading restrictions. Currently, we attempt to <font style="font-weight:bold;">deter</font> disruptive trading as follows. If a transfer(s) is/are
                identified as potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer restrictions. Transfer restrictions
                may include refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single Variable Option, we may prohibit transfers into or Purchase Payment allocations to that
                Variable Option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the right to impose transfer restrictions if we determine, in our
                sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We adopted these policies and procedures as a preventative
                measure to protect all Owners from the potential effects of disruptive trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset re-allocations based on your personal situation or
                overall market conditions. We attempt to protect your interests in making legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may make exceptions when imposing transfer restrictions if
                we determine a transfer is appropriate, although it may technically violate our policies and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size,
                whether it was purely a defensive transfer into the AZL Government Money Market Fund, and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate
                these privileges if we believe they might be used for future disruptive trading.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We cannot guarantee the following.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z796a239dce9c46109ee7282ccedeb715">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Our
                        monitoring will be 100% successful in detecting all potentially disruptive trading activity. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Revoking electronic transfer privileges will successfully deter all potentially disruptive trading. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, some of the Variable Options are available to
                other insurance companies and we do not know if they adopted policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at
                detecting and preventing market timing activities, and other insurance</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;33&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_25"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">companies that offer the Variable Options may not have adopted adequate market
                timing procedures, there is some risk that market timing activity may occur and negatively affect other Owners.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may, without prior notice to any party, take whatever
                action we deem appropriate to comply with any state or federal regulatory requirement. In addition, purchase orders for a Variable Option&#8217;s shares are subject to acceptance by that Variable Option&#8217;s manager. We reserve the right to reject,
                without prior notice, any Variable Option transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2 agreements) whereby, upon
                request by an underlying fund or its designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to: (1) provide details
                concerning every purchase, redemption, transfer, or exchange of Variable Options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain Rule 22c-2 agreements, if
                we fail to comply with a request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Variable Options may add or change policies designed to
                restrict market timing activities. For example, Variable Options may impose restrictions on transfers between Variable Options in an affiliated group if the investment adviser to one or more of the Variable Options determines that the
                person requesting the transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a Variable Option may impose a short-term trading fee on purchases and sales within a specified period. You
                should review the Variable Options&#8217; prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would occur as a result of Variable Option
                restrictions and actions taken by the Variable Options&#8217; managers.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z38ce2f31c6194c1c8dc72d404c29e179">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">This Contract is not designed for professional market timing organizations, or other persons using programmed, large, or frequent transfers, and we may
                        restrict excessive or inappropriate transfer activity. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The retention of some level of discretion by us may result in
                disparate treatment among persons engaging in potentially disruptive trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have
                negative effects.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Voting Privileges</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We legally own the Variable Option shares. However, when a
                Variable Option holds a shareholder vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those instructions. Because most Owners
                do not give us instructions and we vote shares proportionally, a small number of Owners may determine a vote&#8217;s outcome. If we determine we no longer need to get your voting instructions, we will decide how to vote the shares. Only Owners
                have voting privileges. Annuitants, Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We determine your voting interest in a Variable Option as
                follows.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z627705ac2bce4885ba9db686d4c4652a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                        can provide voting instructions based on the dollar value of the Variable Option&#8217;s shares in your Contract&#8217;s subaccount. We calculate this value based on the number and value of accumulation units for your Contract on the record
                        date. We count fractional units. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">You receive proxy materials and a voting instruction form. </td>
                    </tr>

                </table>
              </div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">5.<font style="text-transform:uppercase;">&#160;&#160;Valuing

                  Your Contract</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract Value is the total of the Variable Account
                Value and all Index Option Values.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z81517d2836e04ed087978c92c3fdba72">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">Variable Account Value increases when&#8230;. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">Variable Account Value decreases when&#8230;. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;you add assets to a Variable Option by Purchase Payment or Contract Value transfer<br>
                        &#8226;&#8194;there is positive Variable Option performance </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;you take assets out of a Variable Option by withdrawal or Contract Value transfer<br>
                        &#8226;&#8194;there is negative Variable Option performance<br>
                        &#8226;&#8194;we deduct Contract expenses </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">Contract expenses we deduct from the Variable Options include the product fee, contract maintenance charge, withdrawal charge and
                        transfer fee as described in section 6, Expenses. Variable Options include Purchase Payments we hold in the AZL Government Money Market Fund before transferring them to your selected Index Options. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:12pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;34&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_26"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Variable Options do not provide any protection against
                loss of principal. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings you allocate to the Variable Options. These losses can be significant</font>.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z865f05244fc741ffbd0728c59c031d4c">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">Index Option Values increase when&#8230;. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">Index Option Values decrease when&#8230;. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;you add assets to an Index Option by Purchase Payment or Contract Value transfer<br>
                        &#8226;&#8194;you receive a positive Performance Credit or Daily Adjustment </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;you take assets out of an Index Option by withdrawal or Contract Value transfer<br>
                        &#8226;&#8194;you receive a negative Performance Credit or Daily Adjustment<br>
                        &#8226;&#8194;we deduct Contract expenses </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">Contract expenses we deduct from the Index Options include the product fee, contract maintenance charge and withdrawal charge as
                        described in section 6, Expenses. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We apply transfers of Contract Value and Purchase Payments to
                the Index Options on the Index Effective Date and Index Anniversaries. We apply Credits to the Index Options on the Index Anniversaries. Contract expenses are deducted at different times during the Index Year as stated in section 6,
                Expenses. The Daily Adjustment applies to the Index Options on any Business Day other than the Index Effective Date or an Index Anniversary.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Performance Credits are subject to the Cap or Buffer<font style="font-weight:Normal;">. Positive Performance Credits are not guaranteed and Performance Credits can be zero under all the Index Options. Performance Credits can be negative after application of the Buffer . </font>A negative
                Performance Credit means that you can lose principal and previous earnings. <font style="font-style:italic;">These losses can be significant.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Determining Variable Account Value</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Separate Account holds the assets you allocate to the
                Variable Options, including Purchase Payments held in the AZL Government Money Market Fund before we transfer them to the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in the shares of a
                single Variable Option.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We convert amounts you allocate to a Variable Option into
                subaccount accumulation units. Each subaccount&#8217;s daily price (accumulation unit value) is based on the Variable Option&#8217;s price. A Variable Option&#8217;s price is typically determined at the end of each Business Day,<font style="font-weight:bold;"> and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day&#8217;s price</font>. A Variable Option's price reflects deduction of its operating expenses.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate your Variable Account Value at the end of each
                Business Day by multiplying each subaccount&#8217;s accumulation unit value by its number of accumulation units, and adding those results together for all subaccounts.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the Issue Date, the number of accumulation units in each
                subaccount is equal to the amount allocated to a subaccount divided by its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z7b0a7f64eaa74e94b0577b180f0d0f7b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">increase<font style="font-weight:Normal;"> when you add assets to a Variable Option by Purchase Payment or Contract Value transfer, and</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">decrease<font style="font-weight:Normal;"> when assets are removed from a Variable Option by transfer, withdrawal or deduction of Contract expenses.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We arbitrarily set the initial accumulation unit value for
                each subaccount. At the end of each Business Day, we determine the new accumulation unit value for each subaccount by multiplying the prior Business Day&#8217;s accumulation unit value by the Variable Option&#8217;s percentage change in price since the
                prior Business Day. The percentage change in price includes the Variable Option&#8217;s market performance.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Example</font></div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z95aecc1fb8e249bca7899bd83ebb7085">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                        receive at our Service Center an additional Purchase Payment of $3,000 from you before the end of the Business Day. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">When
                        the New York Stock Exchange closes on that Business Day, we determine that the accumulation unit value is $13.25 for the subaccount of your selected Variable Option. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">We then divide $3,000 by $13.25 and credit your Contract that night with 226.415094 subaccount accumulation units for your selected Variable Option. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:61pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;35&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_27"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Determining Index Option Values</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate an Index Option Value for each Index Option at
                the end of each Business Day. Generally, the Index Option Value is equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies on Business Days other than the Index Effective Date or an Index
                Anniversary. The Daily Adjustment can be positive or negative and is discussed later in this section.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the Index Effective Date, both the Index Option Value and
                the Index Option Base for each of your selected Index Options are initially equal to the amount of:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="za09cca8435834024aaae83e28f4182e7">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">any
                        Purchase Payment received that day which you allocated to that Index Option, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">any Contract Value transferred into that Index Option. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">At the end of each subsequent Business Day for each selected
                Index Option, we first either apply:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z8ceb92c642704e19b810a8df00e3a037">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        Daily Adjustment if this is not an Index Anniversary , or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">a Performance Credit if this is an Index Anniversary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We calculate Performance Credits as described under
                &#8220;Calculating Performance Credits&#8221; next in this section and apply them as follows:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0e6806243e5d464fad51ff9c1b30c254">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                        multiply each Index Option Base by its Performance Credit and add this amount to its Index Option Base. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Then we set each Index Option Value equal to its Index Option Base. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Lastly, we increase and/or decrease each Index Option Base
                and Index Option Value for additional Purchase Payments, transfers, partial withdrawals and the deduction of any Contract expenses.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z382c1fc4be7f487b9a783f834efd33a1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Additional
                        Purchase Payments received on an Index Anniversary and allocated to this Index Option, and transfers of Variable Account Value or Index Option Value into this Index Option, increase these values by the dollar amount allocated or
                        transferred. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Transfers
                        out of this Index Option reduce these values by the dollar amount removed from the Index Option. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Partial withdrawals you request and Contract expenses we deduct reduce these values by the dollar amount withdrawn from the Index Option. </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z5514ad037f6947d4962492d21f27ca32">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">We
                        deduct partial withdrawals and Contract expenses from the Index Options proportionately based on the percentage of Contract Value in each Index Option using values determined at the end of the Business Day before we process the
                        withdrawal or deduct the Contract expense. However, if you specifically direct us to take a partial withdrawal from a specific Index Option we reduce that Index Option Value by the dollar amount you specify, including any applicable
                        withdrawal charge. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced its associated Index Option Value. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z5022bfb2e63b459d8f98af084f64d3f8">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Partial withdrawals and Contract expenses we deduct from the Index Options during the Index Year do not receive a Performance Credit on the next Index Anniversary</font>. However, the remaining amount in
                        the Index Options is eligible for a Performance Credit on the next Index Anniversary. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; You
                        cannot specify from which Allocation Option we deduct Contract expenses; we deduct Contract expenses from each Allocation Option proportionately based on the percentage of Contract Value in each Allocation Option. However, you can
                        specify from which Allocation Option we deduct a partial withdrawal. <font style="font-weight:bold;">There is no consistent financial advantage to deducting a partial withdrawal from any specific Allocation Option.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Calculating Performance Credits</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base Performance Credits on Index Values and Index
                Returns. We measure Index Values on the Index Effective Date and subsequent Index Anniversaries using the Index&#8217;s price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the
                Index Anniversary is a non-Business Day we use the next Business Day&#8217;s Index price. If you select the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, we determine Index Returns
                without any exchange rate</div>
            </div>
            <div style="margin-top:56pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;36&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_28"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">adjustment. <font style="font-style:italic;font-weight:bold;">Because we
                  calculate Index Returns only on Index Anniversaries, the Index Return does not necessarily reflect the highest or lowest Index Values that occurred during an Index Year.</font></div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z47d0d68712574efba9914341a096a39a">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.00%;">Crediting Method </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is less than it was on the<br>
                        prior Index Anniversary*<br>
                        (i.e., Index Return is negative): </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is equal to or greater than it was on the prior Index Anniversary*<br>
                        (i.e., Index Return is zero or positive): </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.Assume the Buffer is 10%. If the Index
                        Return is&#8230;<br>
                        &#8226;&#8194;-8%, the Performance Credit is zero.<br>
                        &#8226;&#8194;-12%, the Performance Credit is -2%. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return up to the Cap set on the prior Index AnniversaryAssume the Cap is 8%. If the Index Return is&#8230;<br>
                        &#8226;&#8194;0%, the Performance Credit is zero.<br>
                        &#8226;&#8194;6%, the Performance Credit is 6%.<br>
                        &#8226;&#8194;12%, the Performance Credit is 8%. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection NY Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.Assume the Buffer is 30%. If the Index
                        Return is&#8230;<br>
                        &#8226;&#8194;-12%, the Performance Credit is zero.<br>
                        &#8226;&#8194;-32%, the Performance Credit is -2%. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return subject to the Cap set on the prior Index Anniversary*Assume the Cap is 5%. If the Index Return is&#8230;<br>
                        &#8226;&#8194;0%, the Performance Credit is zero.<br>
                        &#8226;&#8194;4%, the Performance Credit is 4%.<br>
                        &#8226;&#8194;12%, the Performance Credit is 5%. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="3">*&#8194; Or the Index Effective Date if this is the first Index Anniversary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Daily Adjustment</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Daily Adjustment to provide an Index Option
                Value during the Index Year on days other than the Index Effective Date or an Index Anniversary. The Daily Adjustment can affect the amounts available for withdrawal, annuitization, payment of the death benefit, and the Contract Value used
                to determine the Charge Base and contract maintenance charge. It is discussed in the Summary - What is the Daily Adjustment?; and in Risk Factors &#8211; Risk of Negative Returns. The Daily Adjustment formula is described in Appendix B and in
                Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(a) by calling (800)
                624-0197, or visiting our website at www.allianzlife.com/new-york.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Performance Locks</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We must receive a manual Performance Lock request in Good
                Order before the end of the current Business Day to lock an Index Option on that day. Otherwise the Lock Date will occur on the next Business Day that your request is in Good Order. We do not allow Performance Locks to occur on Index
                Anniversaries. For requests submitted in writing, we don't consider the request to be received until it arrives at our Service Center.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You (or your Financial Professional, if authorized) can
                request an automatic Performance Lock based on targets you set only through your account on our website. When you establish your account you must provide us with an email address. You can set upper and/or lower targets for each of these
                Index Options each Index Year. <font style="font-style:italic;font-weight:bold;">Setting a target close to the current Daily Adjustment may cause a Performance Lock to occur very quickly.</font> You can change or cancel targets at any time
                before we execute a Performance Lock. Each Index Option&#8217;s target automatically expires on the earlier of the Lock Date, or the last Business Day before the Index Anniversary. You can also &#8220;over-ride&#8221; a target by requesting a manual
                Performance Lock before the target is reached. We determine if a target is reached using the Index Option Values determined at the end of the prior Business Day using the prior day&#8217;s Daily Adjustment. We then execute the Performance Lock
                using the Daily Adjustment determined at the close of business on the Lock Date. <font style="font-style:italic;font-weight:bold;">By setting targets you are authorizing us to automatically execute a Performance Lock at the close of
                  business on the Lock Date once the target is reached, unless you cancel the lock.</font> We will send an email notice once the Daily Adjustment for an Index Option reaches a target. To cancel an automatic Performance Lock after a target
                is reached, we must receive your request in Good Order <font style="font-weight:bold;">before</font> the close of business on the Lock Date.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For example, assume the Cap for the Index Performance
                Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is 10.25% and you set a target of 9.50%. On a Tuesday, your Daily Adjustment determined at the end of the
                Business Day is 9.63%. We will send you an email notice and assuming Wednesday is a Business Day, we will execute the Performance Lock on Wednesday (which will be your Lock Date) using the Daily Adjustment determined at the close of
                business. If Wednesday is a non-Business</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;37&#160;</div>
            </div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_29"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Day, your Lock Date would instead be Thursday (assuming it is a Business Day).
                <font style="font-style:italic;font-weight:bold;">Note that the Daily Adjustment on the Lock Date could be greater or less than your target of 9.50%, or Tuesday&#8217;s Daily Adjustment of 9.63%.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Performance Lock can be executed once each Index Year for
                each of these Index Options. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment calculated at the end of the current Business Day on
                the Lock Date to determine your locked Index Option Value. This &#8220;locked&#8221; Index Option Value may be more or less than the &#8220;unlocked&#8221; Index Option Value that is available for your review on the Lock Date because the unlocked Index Option
                Value was determined at the end of the <font style="font-weight:bold;">prior</font> Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term, Daily Adjustments do not apply
                for the remainder of the Index Year and the locked Index Option Value will not receive a Performance Credit on the next Index Anniversary. However, a locked Index Option Value can decrease if you take a partial withdrawal or when we deduct
                Contract expenses. On the next Index Anniversary that occurs immediately after the Lock Date, all locked Index Options will be unlocked, we will reallocate the locked Index Option Value according to your instructions, and Daily Adjustments
                will again apply for the new Index Year. If you do not provide us with reallocation instructions, the Index Option Value will remain in the same Index Option.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Performance Lock can help eliminate doubt about future
                Index performance and possibly limit the impact of a negative Performance Credit you would otherwise receive. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase before the end of the Index Year,
                and you will not participate in that increase. In addition, if you execute a Performance Lock, you may receive less than the full protection of the or Buffer, than you would have received if you waited for us to apply the Performance Credit
                on the next Index Anniversary.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Optional Reallocation Program</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option performance may cause the percentage of total
                Index Option Value in each Index Option to change. Reallocating can help you maintain your selected Index Option allocation percentages. You can direct us to automatically reallocate your Index Option Values on each Index Anniversary (or on
                the next Business Day if the Index Anniversary is a non-Business Day) according to your instructions. We must receive your reallocation instructions in Good Order at our Service Center before the end of the Business Day we reallocate. We
                reserve the right to discontinue or modify the optional reallocation program at any time and for any reason. To end this program, we must receive your request at our Service Center before the end of the last Business Day immediately before
                the Index Anniversary.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">6.<font style="text-transform:uppercase;">&#160;&#160;Expenses</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract fees and expenses reduce your investment return and
                are described here in detail.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Product Fee</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The product fee compensates us for providing all your
                Contract&#8217;s benefits, including our contractual obligation to make Annuity Payments and certain Contract and distribution expenses. The product fee also compensates us for assuming the expense risk that the current charges are less than
                future Contract administration costs as well as the cost of providing certain features under the Contract. If the product fee covers these costs and risks, any excess is profit to us. We anticipate making such a profit.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="z0ad8b0254b014be5b965ccfe96a6851d">

                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:10pt;padding-bottom:3pt;padding-right:6pt;text-align:center;vertical-align:bottom;width:71.03%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:30.18%;">Annual Contract Fees<br>
                        <font style="font-weight:Normal;">(as a percentage of the Charge Base)</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:71.03%;">
                        <div style="float:left;">Product Fee<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:30.18%;">1.25% </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z7034b613cab9462e87e7d2aceb54f470">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Upon
                        the death of the Owner, we continue to assess this product fee under death benefit payment Option B, and with optional payments under death benefit payment Option C, as noted in section 9, Death Benefit. </td>
                    </tr>

                </table>
              </div>
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            <div style="margin-top:113pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;38&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_30"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The product fee is an annualized rate that we calculate and
                accrue on a daily basis as a percentage of the Charge Base during the Accumulation Phase as follows.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="zea0e7aa306914fbbb6c8c49beb470e44">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.48%;">Issue Date </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:40.76%;">Non-Quarterly Contract Anniversaries </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:40.76%;">Quarterly Contract Anniversaries* </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:18.48%;" rowspan="2">&#8226;&#8194;The Charge Base is equal to your initial Purchase Payment.&#8226;&#8194;We begin calculating and accruing
                        the daily product fee, <font style="font-weight:bold;">on the day after the Issue Date.</font> </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:40.76%;">&#8226;&#8194;First we calculate and accrue the daily product fee, using the Charge Base. If this is a non-Business Day we use the Charge Base from the
                        end of the prior Business Day.&#8226;&#8194;Then if this is a Business Day we increase/decrease the Charge Base as follows.<br>
                        &#8211;&#8194;If we receive an additional Purchase Payment, we increase the Charge Base by the amount we receive.<br>
                        &#8211;&#8194;If you take a partial withdrawal (including a Penalty-Free Withdrawal), or we withdraw Contract fees and expenses, we decrease the Charge Base by the percentage of Contract Value withdrawn. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:40.76%;" rowspan="2">&#8226;&#8194;First we process all daily transactions and determine your Contract Value. Daily transactions include any gains/losses due to
                        Variable Option performance or application of any Daily Adjustment (or Credit if this is also an Index Anniversary), any additional Purchase Payment, and deductions for withdrawals and Contract fees and expenses, <font style="font-style:italic;font-weight:bold;">including deduction of the accrued daily product fee for the prior quarter.<br>
                        </font>&#8211;&#8194;We deduct the accrued product fee for the prior quarter on a dollar for dollar basis from the Contract Value, and proportionately from each Allocation Option.&#8226;&#8194;Then we set the Charge Base equal to this Contract Value and we
                        calculate and accrue the <font style="font-weight:bold;">next quarter&#8217;s</font> daily product fee using the newly set Charge Base.<font style="font-size:8pt;line-height:11pt;">*&#8194;</font><font style="font-size:8pt;line-height:11pt;">
                          Or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day.</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:40.76%;">Example:<font style="font-weight:Normal;"> Contract Value is $125,000; Charge Base is $127,000; a $10,000 partial withdrawal
                          (including any withdrawal charge) would decrease the Charge Base by $10,160. [($10,000 &#247; $125,000) x $127,000]<br>
                          Any increase/decrease to the Charge Base will increase/decrease the daily product fee we calculate and accrue </font>on the next day. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="3">Examples of how we calculate the product fee are included in Appendix E. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:9pt;width:99.60%;" id="zf6b4ddfbc2204e068b515dd5a2b321ad">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">We do not treat the deduction of the accrued product fee as a withdrawal when computing total Purchase Payments adjusted for withdrawals under the Traditional
                        Death Benefit (see section 9). </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Deduction of the final product fee</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z2435d5c173294a248bda29d26317cbeb">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you take a full withdrawal of the total Contract Value, we deduct the final accrued product fee before processing the withdrawal. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you annuitize the Contract, we deduct the final accrued product fee before calculating Annuity Payments. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Upon the death of an Owner (or Annuitant if the Owner is a non-individual), we deduct the final accrued product fee before calculating the death benefit if death benefit payment Option A or Annuity
                        Payments under death benefit payment Option C is selected. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z28b35280e9e34505a258c9395c68c786">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If on a Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day) the Contract Value is less than
                        the accrued product fee, we deduct your total remaining Contract Value to cover the accrued product fee and reduce your Contract Value to zero. If the deduction of the accrued product fee reduces your Contract Value to zero and the
                        Traditional Death Benefit has ended, we treat this as a full withdrawal and your Contract ends. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:116pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;39&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_31"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Contract Maintenance Charge</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your annual contract maintenance charge is $50. This charge
                is for Contract administration and maintenance expenses. We waive this charge as follows:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zb69f98ba13834eb687b16b6b2ed7c033">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                        the Accumulation Phase, if the total Contract Value for all Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Contracts you own is at least $100,000 at
                        the end of the last Business Day before the Contract Anniversary, or if the Contract Value for this single Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New
                        York Contract is at least $100,000 on the Contract Anniversary. We determine the total Contract Value for all individually owned Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Contracts by using the Owner&#8217;s social security number, and for non-individually owned Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Contracts we use the Annuitant&#8217;s social security number. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                        the Annuity Phase. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">When paying death benefits under death benefit payment options A, B, or C. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We deduct the contract maintenance charge:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0cbd8f2b4b90471cbe93c05415149234">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">on
                        a dollar for dollar basis from the Contract Value on the Contract Anniversary (or the next Business Day if the Contract Anniversary is a non-Business Day), and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">we deduct it proportionately from each Allocation Option. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you take a full withdrawal from your Contract (other than
                on a Contract Anniversary), we deduct the full contract maintenance charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing total Purchase Payments adjusted for withdrawals under the
                Traditional Death Benefit.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Withdrawal Charge</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can take withdrawals during the Accumulation Phase. A
                withdrawal charge applies if any part of a withdrawal comes from a Purchase Payment that is still within the withdrawal charge period. We assess the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase
                Payments, less any Purchase Payments withdrawn (including any Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the Withdrawal Charge Basis for any amounts we deduct to pay other Contract expenses.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not assess a withdrawal charge on Penalty-Free
                Withdrawals or amounts we deduct to pay Contract expenses, other than the withdrawal charge. However, any amounts used to pay a withdrawal charge are subject to a withdrawal charge.<font style="font-weight:Normal;"> Amounts withdrawn to pay
                  investment adviser fees are subject to a withdrawal charge if they exceed the free withdrawal privilege.</font></div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z8daf6211ba374b818356eadcad92425e">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;" colspan="2">Calculating a Withdrawal Charge </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:49.38%;">Example </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:50.62%;" colspan="2">For purposes of calculating any withdrawal charge, we withdraw Purchase Payments on a &#8220;first-in-first-out&#8221; (FIFO)
                        basis and we process withdrawal requests as follows. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">You make an initial Purchase Payment of $30,000 and make another Purchase Payment in the first month of the second Contract Year of $70,000. In the third
                        month of the third Contract Year, your Contract Value is $110,000 and you request a $52,000 withdrawal. We withdraw money and compute the withdrawal charge as follows. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:50.62%;" colspan="2">1.&#8194; First we withdraw from Purchase Payments that we have had for six or more complete years, which is your
                        Contract&#8217;s withdrawal charge period. This withdrawal is not subject to a withdrawal charge and it reduces the Withdrawal Charge Basis. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">1<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Purchase Payments beyond the withdrawal charge period.</font> All payments are
                        still within the withdrawal charge period, so this does not apply. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:50.62%;" colspan="2">2.&#8194; Then, if this is a partial withdrawal, we withdraw from the free withdrawal privilege (see
                        section 7, Access to Your Money &#8211; Free Withdrawal Privilege). This withdrawal is not subject to a withdrawal charge, it reduces the Withdrawal Charge Basis, and is withdrawn from Purchase Payments on a FIFO basis. </td>
                      <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">2<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Amounts available under the free withdrawal privilege.</font> You
                        did not take any other withdrawals this year, so you can withdraw up to 10% of your total payments (or $10,000) without incurring a withdrawal charge. We also deduct this $10,000 from the first Purchase Payment. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:67pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;40&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_32"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:98.58%;" id="zc0b632c16d994e6ab95804ba4bde3c47">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.62%;" colspan="3">Calculating a Withdrawal Charge </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2pt;padding-right:6pt;padding-top:3pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:49.38%;">Example </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">3.&#8194; Next, on a FIFO basis, we withdraw from Purchase Payments within your Contract&#8217;s withdrawal charge period and assess a withdrawal charge.
                        Withdrawing payments on a FIFO basis may help reduce the total withdrawal charge because the charge declines over time. We determine your total withdrawal charge by multiplying each payment by its applicable withdrawal charge
                        percentage and then totaling the charges. This withdrawal reduces the Withdrawal Charge Basis.<br>
                        The withdrawal charge as a percentage of each Purchase Payment withdrawn is as follows. </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:49.38%;">3<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Purchase Payments within the withdrawal charge period on a FIFO basis.</font> The total amount we
                        withdraw from the first Purchase Payment is $30,000, which is subject to a 6.5% withdrawal charge, and you receive $18,700. We determine this amount as follows:<br>
                        (<font style="font-weight:bold;">amount withdrawn) x (1 &#8211; withdrawal charge) = the amount you receive, or:<br>
                        </font>$20,000 x 0.935 = $18,700<br>
                        Next we withdraw from the second Purchase Payment.<br>
                        So far, you received $28,700 ($10,000 under the free withdrawal privilege and $18,700 from the first Purchase Payment), so we withdraw $23,300 from the second Purchase Payment to equal the $52,000 you requested. The second Purchase
                        Payment is subject to an 8% withdrawal charge. We calculate the total amount withdrawn and its withdrawal charge as follows:<br>
                        <font style="font-weight:bold;">(the amount you receive) &#247; (1 &#8211; withdrawal charge) = amount withdrawn, or:<br>
                        </font>$23,300 &#247; 0.92 = $25,326. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.69%;">Number of Complete<br>
                        Years Since<br>
                        Purchase Payment </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:23.92%;">Withdrawal Charge<br>
                        Amount </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:49.38%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.69%;">0<br>
                        1<br>
                        2<br>
                        3<br>
                        4<br>
                        5<br>
                        6 years or more </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:23.92%;">8.5%<br>
                        8%<br>
                        6.5%<br>
                        5%<br>
                        3%<br>
                        1%<br>
                        0% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:49.38%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">4.&#8194; Finally we withdraw any Contract earnings. This withdrawal is not subject to a withdrawal charge and it does not reduce the
                        Withdrawal Charge Basis. </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">4.&#8194; <font style="font-weight:bold;">Contract earnings.</font> We already withdrew your requested amount, so this does not apply.<br>
                        <font style="font-weight:bold;">In total we withdrew $55,326 from your Contract, of which you received $52,000 and paid a withdrawal charge of $3,326.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Upon a full withdrawal, we first deduct any applicable
                product fee, and contract maintenance charge before we calculate the withdrawal charge. We deduct any applicable withdrawal charge from the total Contract Value and send you the remaining amount. For a partial withdrawal we deduct the
                amount you request, plus any applicable withdrawal charge from the total Contract Value. We apply the withdrawal charge to this total amount and we pay you the amount you requested. We deduct any partial withdrawal (including any withdrawal
                charge) proportionately from each Allocation Option unless you provide us with alternate instructions. If a partial withdrawal occurs on a day that we also assess the product fee, and/or contract maintenance charge, we assess these charges
                in this order after we deduct the withdrawal and any applicable withdrawal charge from the Contract Value.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The withdrawal charge compensates us for expenses associated
                with selling the Contract.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Reduction or Elimination of the Withdrawal Charge</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may reduce or eliminate the withdrawal charge when the
                Contract is sold under circumstances that reduce its sales expenses. We will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a
                prospective purchaser already has a relationship with us. We may choose not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life of New York or any of its affiliates. Also, we may reduce
                or eliminate the withdrawal charge when a Contract is sold by a</div>
            </div>
            <div style="margin-top:18pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;41&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_33"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Financial Professional appointed with Allianz Life of New York to any members
                of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal charge reduction or elimination.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z59e4baeec0954e4e99a5c49324b48913">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; We do not reduce the Withdrawal
                        Charge Basis for deduction of Contract expenses other than the withdrawal charge. <font style="font-weight:bold;">This means that upon a full withdrawal, if your Contract Value is less than your remaining Purchase Payments that are
                          still subject to a withdrawal charge we will assess a withdrawal charge on more than the amount withdrawn. This can occur because your Contract Value was reduced for:</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; <font style="font-weight:bold;">deductions of Contract expenses other than the withdrawal charge, and/or</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; <font style="font-weight:bold;">poor performance.</font> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-left:32pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">This also means that upon a full withdrawal you may not receive any money. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; Withdrawals may also be
                        subject to <font style="font-weight:bold;">ordinary income taxes, and a 10% additional federal tax if you are under age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;</font><font style="font-size:6pt;font-weight:bold;line-height:8pt;">2</font><font style="font-weight:bold;">, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment</font> <font style="font-style:italic;font-weight:bold;">(which can be negative)</font>. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; For tax
                        purposes in most instances, withdrawals from Non-Qualified Contracts are considered to come from earnings first, not Purchase Payments. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Transfer Fee</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The first twelve transfers between Variable Options every
                Contract Year are free. After that, we deduct a $25 transfer fee for each additional transfer. We count all transfers made in the same Business Day as one transfer. We do not count transfers between the Variable Options and Index Options or
                reallocation of Index Option Value among the Index Options against the free transfers we allow and these transfers are not subject to a transfer fee. The transfer fee continues to apply under death benefit payment Option B, and with
                optional payments under death benefit payment Option C as noted in section 9, Death Benefit.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct the transfer fee on a dollar for dollar basis from
                the amount of Variable Account Value being transferred before allocating the remaining Variable Account Value to your selected Variable Options. We do not treat the deduction of the transfer fee as a withdrawal when computing total Purchase
                Payments adjusted for withdrawals under the Traditional Death Benefit.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Premium Tax</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Premium tax is based on your state of residence at the time
                you make each Purchase Payment. In states that assess a premium tax, we do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment,
                depending on the state or governmental entity. New York does not currently assess a premium tax.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Income Tax</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, we do not deduct any Contract related income tax
                we incur, although we reserve the right to do so in the future.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Variable Option Expenses</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Variable Options' assets are subject to operating
                expenses (including management fees). These expenses are described in the Fee Tables and in the Variable Options' prospectuses. These expenses reduce the Variable Options' performance and, therefore, negatively affect your Contract Value
                and any payments based on Contract Value. The Variable Options&#8217; investment advisers provided us with the expense information in this prospectus and we did not independently verify it.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">7.<font style="text-transform:uppercase;">&#160;&#160;Access

                  to Your Money</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract Value is available under the following
                circumstances:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z105c7c4164e74354807e7db910d45e0d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">by
                        taking a withdrawal; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">by
                        taking required minimum distributions (Qualified Contracts only) as discussed in &#8220;Minimum Distribution Program and Required Minimum Distribution (RMD) Payments&#8221; later in this section; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">by
                        taking Annuity Payments; or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">when we pay a death benefit. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:28pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;42&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_34"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You can take withdrawals during the Accumulation Phase. We
                process withdrawal requests based on values next determined after receipt of the request in Good Order at our Service Center. Values are normally determined at the end of each Business Day. We process any withdrawal request received at or
                after the end of the current Business Day using values determined on the next Business Day.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Any partial withdrawal must be for at least $100.* The
                Contract Value after a partial withdrawal must be at least $2,000.* <font style="font-weight:bold;">We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.</font></div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:1pt;width:100%;" id="zc5facae0e2844f6da1f759888c3a2935">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">* </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Does
                        not apply to required minimum distributions. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct any partial withdrawal (including any withdrawal
                charge) proportionately from each Allocation Option unless you provide us with alternate instructions.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">When you take a full withdrawal, we process your request on
                the Business Day we receive it in Good Order at our Service Center as follows:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zcbacb2e44e2444d198a7cc2e4760d5a5">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">total
                        Contract Value, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">less
                        any final product fee and final contract maintenance charge, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">less any withdrawal charge. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">See the Fee Tables and section 6, Expenses for a discussion
                of these charges.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We pay withdrawals promptly, but in no event later than seven
                days after receipt of your request in Good Order at our Service Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z11889345b6334a998eed7a20671ba16e">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; Withdrawals may be subject to a
                        withdrawal charge, ordinary income taxes, and a 10% additional federal tax if you are under age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment <font style="font-style:italic;font-weight:bold;">(which can be negative)</font>.
                      </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; We may
                        be required to provide information about you or your Contract to government regulators. We may also be required to stop Contract disbursements and thereby refuse any transfer requests, and refuse to pay any withdrawals, surrenders,
                        or death benefits until we receive instructions from the appropriate regulator. If, pursuant to SEC rules, the AZL Government Money Market Fund suspends payment of redemption proceeds in connection with a fund liquidation, we will
                        delay payment of any transfer, partial withdrawal, surrender, or death benefit from the AZL Government Money Market Fund subaccount until the fund is liquidated. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Free Withdrawal Privilege</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Contract Year, you can withdraw up to 10% of your total
                Purchase Payments without incurring a withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available next year. Purchase Payment withdrawals that are outside
                the six year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. Required minimum distribution payments are not subject to a withdrawal charge, but do reduce your free withdrawal
                privilege.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zc4307a3e84a44501b41ab52aef1283c1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The free withdrawal privilege is not available upon a full withdrawal. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Systematic Withdrawal Program</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The systematic withdrawal program can provide automatic
                withdrawal payments to you. However, if your Contract Value is less than $25,000, we only make annual payments. You can request to receive these withdrawal payments monthly, quarterly, semi-annually or annually. The minimum amount you can
                withdraw under this program is $100 and there is no maximum. During the withdrawal charge period (if applicable), systematic withdrawals in excess of the free withdrawal privilege are subject to a withdrawal charge. We make systematic
                withdrawals on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your systematic withdrawal program form instructions in Good Order at our Service Center before the end of the Business Day
                before we process these withdrawals, or your program does not begin until the next month. This program ends at your request or when you withdraw your total Contract Value. However, we reserve the right to discontinue or modify the
                systematic withdrawal program at any time and for any reason.</div>
            </div>
            <div style="margin-top:17pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;43&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
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          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
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                      <td style="color:#000000;color:#000000;font-family:Arial;font-family:Times New Roman;font-size:9pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:bold;font-weight:Normal;line-height:11pt;line-height:12pt; padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Ordinary income
                          taxes and tax penalties may apply to systematic withdrawals.</font> </td>
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                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">The systematic withdrawal program is not available while you are receiving required minimum distribution payments.</font> </td>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Minimum Distribution Program and Required Minimum
                Distribution (RMD) Payments</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you own an IRA or SEP IRA Contract, you can participate in
                the minimum distribution program during the Accumulation Phase. If you have an Inherited IRA Contract we generally require you to participate in the minimum distribution program when you purchase this Contract. Under this program, we make
                payments to you designed to meet the applicable minimum distribution requirements imposed by the Code for this Qualified Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount
                during the Contract Year. We can make payments to you on a monthly, quarterly, semi-annual or annual basis. However, if your Contract Value is less than $25,000, we only make annual payments. You cannot aggregate RMD payments between this
                Contract and other qualified contracts that you own. We make RMD payments on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your program form instructions in Good Order at our Service
                Center before the end of the Business Day before we process these payments, or your program does not begin until the next month.</div>
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                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">You should consult a tax adviser before purchasing a Qualified Contract that is subject to RMD payments.</font> </td>
                    </tr>
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                      <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">The minimum distribution program is not available while you are receiving systematic withdrawals.</font> </td>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Waiver of Withdrawal Charge Benefit</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">After the first Contract Year, if any Owner becomes confined
                to a nursing home for a period of at least 90 consecutive days and a physician certifies that continued confinement is necessary, you can take withdrawals and we waive the withdrawal charge. This waiver is not available if any Owner was
                confined to a nursing home on the Issue Date. We base this benefit on the Annuitant for non-individually owned Contracts. We must receive proof of confinement in Good Order for each withdrawal before we waive the withdrawal charge.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Suspension of Payments or Transfers</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may be required to suspend or postpone transfers or
                payments for withdrawals for more than seven days after receipt of your request in Good Order at our Service Center, for any period when:</div>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        New York Stock Exchange is closed (other than customary weekend and holiday closings); </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">trading
                        on the New York Stock Exchange is restricted; </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">an
                        emergency (as determined by the SEC) exists as a result of which disposal of the Variable Option shares is not reasonably practicable or we cannot reasonably value the Variable Option shares; or </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">during any other period when the SEC, by order, so permits for the protection of Owners. </td>
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              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">8.<font style="text-transform:uppercase;">&#160;&#160;The
                  Annuity Phase</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Prior to annuitization, you can surrender your Contract and
                receive your total Contract Value (less the final product fee, and any applicable contract maintenance charge, and withdrawal charge). If you surrender your Contract on any day other than an Index Anniversary and you have Contract Value in
                the Index Options, we apply the Daily Adjustment to these Index Option Values before we deduct the final Contract fees and expenses.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments offer a guaranteed lifetime income stream
                with certain tax advantages and are designed for Owners who no longer need immediate access to Contract Value to meet their short-term income needs.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can apply your Contract Value to regular periodic fixed
                Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the payments, whether or not you are the Payee. We may require proof of the Annuitant(s)&#8217; age before we make any life contingent Annuity Payment. If you
                misstate the Annuitant(s)&#8217; age or gender, we recalculate the Annuity Payments based on the correct age or gender.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Calculating Your Annuity Payments</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base Annuity Payments upon the following:</div>
              <div>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Contract Value on the Annuity Date. </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The age of the Annuitant and any joint Annuitant on the Annuity Date. </td>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;44&#160;</div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
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          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_36"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        gender of the Annuitant and any joint Annuitant where permitted. </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Annuity Option you select. </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Your Contract&#8217;s interest rate (or current rates, if higher) and mortality table. </td>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the Annuity Date is not an Index Anniversary, Contract
                Value reflects&#160;the Daily Adjustment if&#160;you selected an Index Option. We guarantee the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payout option period that you selected,
                except as provided under Annuity Option 3.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annuity Payment Options</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can choose one of the Annuity Options described below or
                any other payment option to which we agree. After Annuity Payments begin, you cannot change the Annuity Option.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 1. Life Annuity.<font style="font-weight:Normal;"> We
                  make Annuity Payments during the life of the Annuitant, and the last payment is the one that is due before the Annuitant&#8217;s death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the
                  Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 2. Life Annuity with Payments Over 5, 10, 15 or 20 Years
                Guaranteed.<font style="font-weight:Normal;"> We make Annuity Payments during the life of the Annuitant, with payments for a guaranteed minimum period that you select.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 3. Joint and Last Survivor Annuity.<font style="font-weight:Normal;"> We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint
                  Annuitant, at a level of 100%, 75% or 50% selected by the Owner when he or she chose this Annuity Payment option. If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 4. Joint and Last Survivor Annuity with Payments Over 5,
                10, 15 or 20 Years Guaranteed. <font style="font-weight:Normal;">We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant, with payments for a minimum guaranteed period that you select.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 5. Refund Life Annuity. <font style="font-weight:Normal;">We make Annuity Payments during the lifetime of the Annuitant, and the last payment is the one that is due before the Annuitant&#8217;s death. After the Annuitant&#8217;s death, the Payee may receive a lump sum refund. The
                  amount of the refund equals the amount applied to this Annuity Option minus the total paid under this option.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Under Annuity Options 1, 3 and 5, if all Annuitants die on or
                after the Annuity Date and before we send the first Annuity Payment, we will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the
                Beneficiary(s) if there is no surviving Owner. If the Owner is a non-individual, we pay the Owner.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">After the Annuitant&#8217;s death under Option 2, or the last
                surviving joint Annuitant's death under Option 4, we make Annuity Payments during the remaining guaranteed period in the following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner&#8217;s
                Beneficiaries, or to the last surviving Owner&#8217;s estate if there are no remaining or named Beneficiaries.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments are usually lower if you select an Annuity
                Option that requires us to make more frequent Annuity Payments or to make payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an
                older Annuitant and payout rates for life with a guaranteed period are typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 20-year guaranteed period are less than payout rates
                for a 10-year guaranteed period, and payout rates for a 50-year-old Annuitant are less than payout rates for a 70-year-old Annuitant.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z71b84eb2ce544ecaa624cb7ee76669c1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee under Annuity Option 2 with ten years of guaranteed
                        monthly payments. </td>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">When Annuity Payments Begin</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments begin on the Annuity Date. Your scheduled
                Annuity Date is the first day of the calendar month following the Annuitant&#8217;s 90th birthday and is stated in your Contract. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required distribution rules under certain
                Qualified Contracts. <font style="font-style:italic;font-weight:bold;">You can make an authorized request for a different, earlier or later Annuity Date after the Issue Date, but any such request is subject to applicable law and our
                  approval.</font> An earlier or later Annuity Date may not be available to you depending on the Financial</div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;45&#160;</div>
            </div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_37"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Professional you purchase your Contract through and your state of residence.
                Your Annuity Date must be at least 13 months after the Issue Date.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="za74a1c170314464b97a740259a4ed924">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If on the Annuity Date (which may occur as early as age 90 or as late as age 100) your Contract Value is greater than zero, you must annuitize the Contract.<font style="font-weight:Normal;"> We notify you of your available options in writing 60 days in advance, including the option to extend your Annuity Date if available. </font><font style="font-style:italic;">If on your Annuity Date
                          you have not selected an Annuity Option, we make payments under Annuity Option 2 with ten years of guaranteed monthly payments.</font><font style="font-weight:Normal;"> Upon annuitization you no longer have Contract Value or a
                          death benefit, and you cannot receive any other periodic withdrawals or payments other than Annuity Payments.</font> </td>
                    </tr>

                </table>
              </div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">9.<font style="text-transform:uppercase;">&#160;&#160;Death
                  Benefit</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">&#8220;You&#8221; in this section refers to the Owner, or the Annuitant
                if the Contract is owned by a non-individual.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The death benefit is only available during the Accumulation
                Phase.<font style="font-weight:Normal;"> If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required information, which is either a Valid Claim
                  or due proof of death as stated here. (For information on due proof of death see the Glossary &#8211; Valid Claim). If we receive this information at or after the end of the current Business Day, we use the next Business Day&#8217;s prices.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are multiple Beneficiaries, each Beneficiary
                receives the portion of the death benefit he or she is entitled to when we receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary&#8217;s interest in this Contract ends unless your Beneficiary
                designation specifies otherwise. If there are no remaining Beneficiaries, or no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a
                specific percentage of the death benefit, he or she each receives an equal share.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Beneficiary&#8217;s portion of the death benefit remains in
                the Allocation Options based on the allocation instructions that were in effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there
                is Variable Account Value in the AZL Government Money Market Fund on the date of death, it remains there until the earlier of the next Index Anniversary, or the date we receive a Valid Claim. If an Index Anniversary occurs before we receive
                a Valid Claim, we will transfer that Beneficiary&#8217;s portion of the Variable Account Value to the Allocation Options based on the allocation instructions that were in effect on the date of death.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">From the time we determine the death benefit until we make a
                complete distribution, any amount in the Allocation Options continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or process transfer requests. After we
                receive the first Valid Claim from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax law.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the first death of a Determining Life during the
                Accumulation Phase, if the Traditional Death Benefit is in effect your Beneficiary(s) will receive the greater of the Contract Value or the total Purchase Payments adjusted for withdrawals.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If the date we are determining the death benefit is not an
                Index Anniversary , Contract Value reflects the Daily Adjustment. Withdrawals reduce your total Purchase Payments adjusted for withdrawals by the percentage of Contract Value withdrawn, determined at the end of each Business Day. <font style="font-style:italic;font-weight:bold;">Withdrawals include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">What Happens Upon Death?</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you are the Determining Life, or if you and the
                Determining Life (Lives) are different individuals and die simultaneously as described in the discussion of Beneficiaries in section 2, Ownership, Annuitants, Determining Life, Beneficiaries and Payees, we determine the Traditional Death
                Benefit at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries, each surviving Beneficiary receives the greater of:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z73d98c9315e541f583e5a0a4fe54d4d8">

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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">their
                        portion of total Purchase Payments adjusted for withdrawals determined at the end of the Business Day we receive the first Valid Claim from any one Beneficiary, or </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">their portion of the Contract Value determined at the end of the Business Day during which we receive his or her Valid Claim. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:14pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;46&#160;</div>
            </div>
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          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_38"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you and the Determining Life (Lives) are different
                individuals and do not die simultaneously, the death benefit is as follows. <font style="font-style:italic;font-weight:bold;">This can only occur if you change the Owner after the Issue Date.</font></div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="za0768a07ea954a8c85b94560952a0669">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If a
                        Determining Life dies before you, we do not pay a death benefit to the Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit is still in effect<font style="font-weight:Normal;">. At the end of the
                          Business Day we receive due proof of a Determining Life&#8217;s death we increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if greater, </font><font style="font-style:italic;">and the Traditional
                          Death Benefit ends</font><font style="font-weight:Normal;">. We allocate any Contract Value increase to the Allocation Options according to your Purchase Payment default instructions.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive each Beneficiary&#8217;s Valid Claim. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Traditional Death Benefit ends upon the earliest of the
                following.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2e3432c87a134947af1c518776aa6f10">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Business Day before the Annuity Date. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        Business Day that the total Purchase Payments adjusted for withdrawals and Contract Value are both zero. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                        the death of a Determining Life, the end of the Business Day we receive a Valid Claim from all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different
                        individuals and die simultaneously as defined by applicable state law or regulation. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                        the death of a Determining Life, the end of the Business Day we receive due proof of the Determining Life&#8217;s death if you and the Determining Life (Lives) are different individuals and do not die simultaneously. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                        the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The Business Day the Contract ends. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z26c3c5e5f3df42bdaec0dc848cbefc15">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">We base the Traditional Death Benefit on the first death of a Determining Life (or Lives). This means that upon the death of an Owner (or Annuitant if the
                        Owner is a non-individual), <font style="font-style:italic;font-weight:bold;">if a surviving spouse continues</font> <font style="font-style:italic;font-weight:bold;">the Contract the Traditional Death Benefit is no longer
                          available</font>. <font style="font-style:italic;font-weight:bold;">Also, if you and the Determining Life (Lives) are different individuals and you die first, the Traditional Death Benefit is not available to your Beneficiary(s).</font>
                      </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Death of the Owner and/or Annuitant</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Appendix to the Form N-4 SAI includes tables that are
                intended to help you better understand what happens upon the death of any Owner and/or Annuitant under the different portions of the Contract.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Death Benefit Payment Options During the Accumulation Phase</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="ze46adbe7390f4e6bacd75ddcbcb1f42c">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">For
                        Contracts without the Index Protection NY Strategy:<font style="font-weight:Normal;"> If you do not designate a death benefit payment option, a Beneficiary must select one of the options listed below. If no death benefit payment
                          option is selected, we default payment to Option B.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">For Contract with the Index Protection NY Strategy:<font style="font-weight:Normal;"> Each Beneficiary must select one of the death benefit payment options listed below.</font> </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If a Beneficiary requests a lump sum payment under Option A,
                we pay that Beneficiary within seven days of receipt of his or her Valid Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms. For
                Contracts issued or delivered in New York, if Option A is selected and we do not pay the claim within seven days, we pay interest on the death benefit amount beginning on the eighth calendar day at the greater of the current settlement rate
                which we declare annually, or 3%. You can contact our Service Center at the address or phone number listed at the back of this prospectus for information on the current settlement rate.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Spousal Continuation:<font style="font-weight:Normal;"> If the
                  Beneficiary is the deceased Owner&#8217;s spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. For an IRA, Roth IRA, or SEP IRA Contract, spousal
                  continuation can only occur if the surviving spouse is the Contract&#8217;s sole primary Beneficiary. For non-individually owned Contracts, spousal continuation is only available to Qualified Contracts through a direct rollover to an IRA. </font>Spouses
                must qualify as such under federal law to continue the Contract.<font style="font-weight:Normal;"> Individuals who have entered into a registered domestic partnership, civil union, or other similar relationship that is not considered to be
                  a marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death benefit. If the deceased Owner was a
                  Determining Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if
                  greater and available, and the</font></div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;47&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_39"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Traditional Death Benefit ends. We allocate any Contract Value increase to the
                Allocation Options according to Purchase Payment default instructions. If the surviving spouse continues the Contract:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z29a162f7419341dfb99585b2d33ed5c4">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">he
                        or she becomes the new Owner and may exercise all of the Owner&#8217;s rights, including naming a new Beneficiary or Beneficiaries; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">he
                        or she is subject to any remaining withdrawal charge; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">upon the surviving spouse&#8217;s death their Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive a Valid Claim from each Beneficiary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Death Benefit Payment Options</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option A:<font style="font-weight:Normal;"> Lump sum payment of
                  the death benefit.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option B:<font style="font-weight:Normal;"> Payment of the
                  entire death benefit within five years of the date of any Owner&#8217;s death. The Beneficiary can continue to make transfers between Allocation Options and is subject to a transfer fee and the product fee.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option C:<font style="font-weight:Normal;"> If the Beneficiary
                  is an individual, payment of the death benefit as Annuity Payments under Annuity Options 1, 2 or 5. With our written consent other options may be available for payment over a period not extending beyond the Beneficiary&#8217;s life expectancy
                  under which the Beneficiary can continue to make transfers between Allocation Options and is subject to a transfer fee and the product fee. </font><font style="font-style:italic;">Option C may not be available on a Qualified Contract.</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Distribution from Non-Qualified Contracts must begin within
                one year of the date of the Owner&#8217;s death. Any portion of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner&#8217;s death must be distributed within five years of the date of
                death.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Non-Qualified Contract is owned by a non-individual,
                then we treat the death of an Annuitant as the death of an Owner for purposes of the Code&#8217;s distribution at death rules, which are set forth in Section 72(s) of the Code.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In all events, notwithstanding any provision to the contrary
                in the Contract or this prospectus, a Non-Qualified Contract is interpreted and administered in accordance with Section 72(s) of the Code.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Other rules may apply to Qualified Contracts.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">10.<font style="text-transform:uppercase;">&#160;&#160;Taxes</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This section provides a summary explanation of the tax
                ramifications of purchasing a Contract. More detailed information about product taxation is contained in the Statement of Additional Information, which is available by calling the toll-free telephone number at the back of this prospectus. <font style="font-weight:bold;">We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract&#8217;s effects on your personal tax situation.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Qualified and Non-Qualified Contracts</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can purchase either a Qualified Contract or a
                Non-Qualified Contract. A Qualified Contract is purchased pursuant to a specialized provision of the Code. For example, a Contract may be purchased pursuant to Section 408 of the Code as an IRA.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Qualified Contracts are subject to certain restrictions,
                including restrictions on the amount of annual contributions, restrictions on how much you can earn and still be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased
                from earned income from the relevant year or years, or from a rollover or transfer from a qualified contract. An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own.</div>
            </div>
            <div style="margin-top:114pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;48&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_40"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, we offer the following types of Qualified
                Contracts.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="zc9f72ec9e28f436ea358ce9a43a09e9d">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:9pt; padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:31.40%;">Type of Contract </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:9pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:bottom;width:70.42%;">Persons and Entities that can buy the Contract </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:31.40%;">IRA </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:70.42%;">Must have the same individual as Owner and Annuitant. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:31.40%;">Roth IRA </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:70.42%;">Must have the same individual as Owner and Annuitant. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:31.40%;">Simplified Employee Pension (SEP) IRA </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:70.42%;">Must have the same individual as Owner and Annuitant. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:31.40%;">Certain Code Section 401 Plans </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:70.42%;">A qualified retirement plan is the Owner and the Annuitant must be an individual.<br>
                        We may determine which types of qualified retirement plans are eligible to purchase this Contract. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:9pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:31.40%;">Inherited IRA and Inherited Roth IRA </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:9pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:70.42%;">Must have the same individual as Owner and Annuitant. The deceased owner of the previously held tax-qualified arrangement will also be listed
                        in the titling of the Contract. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you purchase a Qualified Contract, you already receive the
                benefit of tax deferral through the qualified plan, and so you should purchase this Contract for purposes other than tax deferral.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can instead purchase a Non-Qualified Contract, which is
                not qualified pursuant to a specialized provision of the Code. There are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Taxation of Annuity Contracts</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract has the following tax characteristics.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z59117ed2c1a348dc9fe72ee5450b59cc">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Taxes
                        on earnings are deferred until you take money out. Non-Qualified Contracts owned by corporations or partnerships do not receive income tax deferral on earnings. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">When
                        you take money out of a Non-Qualified Contract, earnings are generally subject to federal income tax and applicable state income tax. All pre-tax money distributed from Qualified Contracts are subject to federal and state income
                        tax, but qualified distributions from Roth IRA Contracts are not subject to federal income tax. This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Taxable
                        distributions are subject to an ordinary income tax rate, rather than a capital gains rate. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Distributions
                        from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g.
                        earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married filing jointly and $125,000 for married filing separately.) Please consult a tax advisor for more information.
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you take partial withdrawals from your Non-Qualified Contract, the withdrawals are generally taxed as though you were paid taxable earnings first, and then as a non-taxable return of Purchase Payments. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you annuitize your Non-Qualified Contract and receive a stream of Annuity Payments, you receive the benefit of the exclusion ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be
                        non-taxable, based upon the percentage of your Contract Value that is from Purchase Payments. Purchase Payments are treated as a non-taxable return of principal, whereas earnings are taxable. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you take partial withdrawals or annuitize a Qualified Contract, you will be responsible for determining what portion, if any, of the distribution consists of after-tax money. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you take out earnings before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>, you may be subject to a 10% additional
                        federal tax, unless you take a lifetime annuitization of your Contract or you take money out in a stream of substantially equal payments over your expected life in accordance with the requirements of the Code. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">A
                        pledge, assignment, or ownership change of a Contract may be treated as a taxable event. You should discuss any pledge, assignment, or ownership change of a Contract with your tax adviser. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If
                        you purchase multiple non-qualified deferred annuity contracts from an affiliated group of companies in one calendar year, these contracts are treated as one contract for purposes of determining the tax consequences of any
                        distribution. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Death
                        benefit proceeds from Non-Qualified Contracts are taxable to the beneficiary as ordinary income to the extent of any earnings. Death benefit proceeds must be paid out in accordance with the requirements of the Code. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Depending upon the type of Qualified Contract you own, required minimum distributions (RMDs) must be satisfied when you reach a certain age. If you enroll in our minimum distribution program, we
                        make RMD payments to you that are designed to meet this Contract&#8217;s RMD requirements. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;49&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_41"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Tax-Free Section 1035 Exchanges</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Subject to certain restrictions, you can make a &#8220;tax-free&#8221;
                exchange under Section 1035 of the Code for all or a portion of one non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. Before making an exchange, you should compare both
                contracts carefully. Remember that if you exchange a life insurance policy or annuity contract for the Contract described in this prospectus:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="za12f280f6f7c472682caf39c9078a12d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you
                        might have to pay a withdrawal charge on your previous contract, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">there
                        is a new withdrawal charge period for this Contract, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">other
                        charges under this Contract may be higher (or lower), </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        benefits may be different, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">you no longer have access to any benefits from your previous contract. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the exchange does not qualify for Section 1035 treatment,
                you also may have to pay federal income tax, including a possible additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the
                exchange is in your best interest and not just better for the person selling you the Contract&#160;who generally earns a commission on each sale. You should consult a tax adviser to discuss the potential tax effects before making a 1035
                exchange.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">11.<font style="text-transform:uppercase;">&#160;&#160;Other

                  Information</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">The Registered Separate Account</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We established Allianz Life of NY Variable Account C (the
                Separate Account, formerly Preferred Life Variable Account C), as a separate account under New York State insurance law on February 26, 1988. The Separate Account is registered with the SEC as a unit investment trust under the Investment
                Company Act of 1940. The SEC does not supervise our management of the Separate Account.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Separate Account holds the Variable Options' shares that
                have been purchased with Contract assets. We keep the Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection with the
                Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in a single Variable Option.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We own the assets of the Separate Account. We credit gains to
                or charge losses against the Separate Account, whether or not realized, without regard to the performance of other investment accounts. The Separate Account&#8217;s assets are insulated, so that the assets cannot be used to pay any of our
                liabilities, other than those arising from the investment of Contract assets in the Variable Options.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If the Separate Account&#8217;s assets exceed the required reserves
                and other liabilities, we may transfer the excess to our general account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life of New York.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our General Account</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our general account holds all our assets other than assets in
                our separate accounts. We own our general account assets, and, subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may
                lose value. We have not registered our general account as an investment company under the Investment Company Act of 1940.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our general account assets fund guarantees provided in the
                Contracts. Contract Value that you apply to Annuity Payments becomes part of our general account.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Unregistered Separate Account</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We allocate all assets backing the Index Options to an
                unregistered, non-unitized, non-insulated separate account (Separate Account IANY), which we established under New York Insurance Law solely for the purpose of supporting our obligations to pay Performance Credits associated with the Index
                Options. Separate Account IANY has two subaccounts: Subaccount IABV (which is a book value subaccount) and Subaccount IAMV (which is a market value subaccount).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Initially, a substantial majority of the aggregate assets
                backing the Index Options are allocated to Subaccount IABV. We hold all other assets that you allocate to the Index Options that are not invested in Subaccount IABV in Subaccount IAMV. Subsequently, there may be significant transfer of
                assets between Subaccount IABV and Subaccount IAMV in response to</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;50&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_42"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Index performance during the then-current Index Year. We typically transfer
                assets between the subaccounts if there is a 10% incremental change in year-to-date Index performance. For the Index Performance Strategy this starts at a -10% decrease in the market; for the Index Protection NY Strategy, this starts at a
                -30% decrease in the market. We monitor year-to-date Index performance daily and change allocations daily if needed based on this 10% increment.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We invest the assets in Subaccount IAMV in hedging
                instruments, including derivative investments such as put and call options, as well as cash and fixed income securities. Like our general account, the assets in Separate Account IANY are subject to our general business operation liabilities
                and the claims of our creditors.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">An Owner who allocates Contract Value to an Index Option does
                not have any interest in or claim on the assets in Separate Account IANY. In addition, neither the Owner nor the Index Options participate in any way in the performance of assets held in Separate Account IANY.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Distribution</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Financial Services, LLC (ALFS), a wholly owned
                subsidiary of Allianz Life Insurance Company of North America, serves as principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416.
                ALFS is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority
                (FINRA). ALFS is not a member of Securities Investors Protection Corporation. More information about ALFS is available at www.finra.org or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public
                Disclosure Program.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have entered into a distribution agreement with ALFS for
                the distribution of the Contracts. ALFS also may perform various administrative services on our behalf.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may fund ALFS operating and other expenses, including:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zece30e7a7d1641869aba6b9b16fd2ba4">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:97.17%;">overhead, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">legal
                        fees, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">accounting
                        fees, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Financial
                        Professional training, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">compensation
                        for the ALFS management team, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">other expenses associated with the Contracts. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Financial Professionals and their managers may also be
                eligible for various benefits, such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel,
                lodging and meals in connection therewith), entertainment, awards, merchandise and other similar items.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">ALFS does not itself sell the Contracts on a retail basis.
                Rather, ALFS enters into selling agreements with other broker-dealers registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum
                commission payable to the selling firms for Contract sales is expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a certain amount of the
                commission at the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We and/or ALFS may make bonus payments to certain selling
                firms based on aggregate sales of our variable insurance contracts (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any
                particular agreement governing the payments may vary among selling firms. In some instances, the amount paid may be significant.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A portion of the payments made to selling firms may be passed
                on to their Financial Professionals. Financial Professionals may receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection
                with your purchase of a Contract.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Commissions paid on the Contract, including other incentives
                or payments, are not charged directly to the Owners or the Separate Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Broker-dealers and their Financial Professionals and managers
                involved in sales of the Contracts may receive payments from us for administrative and other services that do not directly involve the sale of the Contracts, including payments</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;51&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_43"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">made for recordkeeping, the recruitment and training of personnel, production
                of promotional literature and similar services. In addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with retail
                firms.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In certain instances, we and/or ALFS may make payments to a
                broker-dealer for inclusion of this Contract in its list of products that it offers for sale.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We and/or ALFS may pay certain selling firms additional
                marketing support allowances for:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z96508c8b86bf4b5aad2a74660eb250e6">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">marketing
                        services and increased access to their Financial Professionals; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">sales
                        promotions relating to the Contracts; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">costs
                        associated with sales conferences and educational seminars; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                        cost of client meetings and presentations; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">other sales expenses incurred by them. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We retain substantial discretion in determining whether to
                grant a marketing support payment to a particular broker-dealer firm and the amount of any such payment.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may also make payments for marketing and wholesaling
                support to broker-dealer affiliates of Variable Options that are available through the variable annuities we offer.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Additional information regarding marketing support payments
                can be found in the Distributor section of the Statement of Additional Information.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Variable Options may assess a Rule 12b-1 fee. These fees
                are paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the Variable Option&#8217;s plan. These fees typically equal 0.25% of a Variable Option&#8217;s average daily net
                assets.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In certain instances, an investment adviser and/or subadviser
                (and/or their affiliates) of a Variable Option may make payments for administrative services to ALFS or its affiliates.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer the Contracts to the public on a continuous basis.
                We anticipate continuing to offer the Contracts but reserve the right to discontinue the offering.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Additional Credits for Certain Groups</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may credit additional amounts to a Contract instead of
                modifying charges because of special circumstances that result in lower sales or administrative expenses or better than expected mortality or persistency experience.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Administration/Allianz Service Center</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Allianz Service Center performs certain administrative
                services regarding the Contracts and is located at 5701 Golden Hills Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer
                services performed by our Service Center include processing and mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life Insurance Company of North America (as service
                provider for the Contracts) also contracts with Tata Consultancy Services (Tata) located at #42(P) &amp; 45(P), Think Campus, Electronic City, Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services
                including:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z58533b091197480b84adedb273c01a79">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">issuance
                        and maintenance of the Contracts, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">maintenance
                        of Owner records, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">routine customer service including: </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z1025260a181543cb89e392cf596cc083">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">processing
                        of Contract changes, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">processing
                        withdrawal requests (both partial and total), and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">processing requests for fixed annuity payments. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Services performed by Tata are overseen and quality control
                checked by our Service Center.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To reduce expenses, only one copy of most financial reports
                and prospectuses, including reports and prospectuses for the Variable Options, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service
                Center at the toll-free telephone number listed at the back of this</div>
            </div>
            <div style="margin-top:5pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;52&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_44"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">prospectus if you need additional copies of financial reports, prospectuses,
                or annual and semiannual reports, or if you would like to receive one copy for each contract in future mailings.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Legal Proceedings</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Like other life insurance companies, we from time to time are
                involved in legal proceedings of various kinds, including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material settlement
                payments have been made. Although the outcome of any such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account, or ALFS
                is a party that are reasonably likely to materially affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Status Pursuant to Securities Exchange Act of 1934</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of New York hereby relies on the exemption
                provided by Rule 12h-7 under the Securities Exchange Act of 1934 from the requirement to file reports pursuant to Section 15(d) of that Act.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">12.<font style="text-transform:uppercase;">&#160;&#160;Information

                  on Allianz Life of New York</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of New York is a stock life insurance company
                organized under the laws of the State of New York on September 21, 1982. Our address is 1633 Broadway, 42nd Floor, New York, NY 10019-7585. Before January 1, 2003, Allianz Life of New York was known as Preferred Life Insurance Company of
                New York. We are a subsidiary of Allianz Life Insurance Company of North America (Allianz Life), which is also a stock life insurance company. Allianz Life is a subsidiary of Allianz of America, Inc. (AZOA), a financial holding company.
                AZOA is a wholly owned subsidiary of Allianz Europe, B.V., which in turn is a wholly owned subsidiary of Allianz SE, which is registered in Munich, Germany. We currently offer variable annuities and registered index-linked annuities and are
                licensed to do direct business in six states, including New York and the District of Columbia.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Directors, Executive Officers and Corporate Governance</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">BOARD OF DIRECTORS</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Board currently consists of nine members, including our
                Chair and Chief Executive Officer, our President, our Chief Financial Officer and Treasurer, our Vice President, Appointed Actuary, three independent outside board members,&#160;and two&#160;other non-independent board members. Age and positions are
                provided as of December 31, 2019, except as otherwise noted.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Board holds regular semi-annual meetings, generally in
                April and November of each year, and holds special meetings or takes action by unanimous written consent as circumstances warrant. The Board has standing Executive, Audit and Evaluation, Conflict of Interest, and Finance Committees, each of
                which is described in further detail below. Two directors were absent from one Board meeting and one director was absent from one committee meeting to which the director was assigned in 2019. In 2019, the Board acted two times by unanimous
                written action.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current members of our Board are as follows.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Walter R. White<br>
                Chair, Director, and Chief Executive Officer</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Walter R. White, age 63, joined Allianz Life in 2009, and
                currently serves as the Chair and Chief Executive Officer of Allianz Life of New York since January 1, 2012. Mr. White also serves as the President and Chief Executive Officer of Allianz Life and as a member of its Board of Directors since
                January 1, 2012. Mr. White also serves as the President of AZOA Services Corporation, and the Chair of its Shared Plans Management Committee. Mr. White also serves as a Governor of Allianz Individual Insurance Group, LLC, Allianz Investment
                Management LLC, and TruChoice Financial Group, LLC, respectively. In addition, Mr. White serves as a Director of AZOA Services Corporation, Questar Capital Corporation, and Questar Agency, Inc., respectively. Mr. White is responsible for
                leading and overseeing Allianz Life and Allianz Life of New York and providing strategic management and direction. Mr. White served as Chair, Chief Executive Officer and President of Allianz Life and Annuity Company from 2012 to 2017, and
                as a Director of Allianz Technology of America, Inc. from 2013 to 2015.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. White brings to the Board extensive financial services
                and brokerage experience as well as key strategic planning and leadership skills developed as the Chief Executive Officer of Allianz Life of New York and the former President of Woodbury Financial.</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;53&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
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          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_45"> </a>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">William E. Gaumond<br>
                Director, Chief Financial Officer and Treasurer</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">William E. Gaumond, age 46, serves as a member of the Board
                of Directors, and the Chief Financial Officer and Treasurer of Allianz Life of New York since January 1, 2016. Mr. Gaumond joined Allianz Life in 2004 and currently serves as the Senior Vice President, Chief Financial Officer and Treasurer,
                and as a member of the Board of Directors of Allianz Life. Mr. Gaumond also serves as the Chief Financial Officer and Treasurer of Allianz Foundation for North America, and as a Governor of TruChoice Financial Group, LLC and Allianz Life
                Financial Services, LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF Investments, Inc., Dresdner Kleinwort Pfandbriefe Investments II, Inc., and PFP Holdings, Inc.,
                respectively. Mr. Gaumond is also a Director of Questar Agency, Inc., Questar Asset Management, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., Allianz of America, Inc., Allianz Real Estate of America LLC, and Allianz
                Technology of America, Inc., respectively. He is also a Director and the Senior Vice President of AZOA Services Corporation. Mr. Gaumond also serves as a Director and the Chief Financial Officer and Treasurer of Allianz Finance Corporation.
                Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas. Prior to his current roles, Mr. Gaumond spent 12 years in a
                number of finance and investment-related positions at Allianz Life and its affiliates in various executive capacities, including as the Senior Vice President, Asset Liability and Investment Risk Management of Allianz Life and as the Vice
                President, Head of Asset Liability and Investment Risk Management of Allianz Life of New York from 2013 to 2015, respectively.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Gaumond brings to the Board extensive financial services,
                investment, and insurance industry experience, including serving as Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Eric J. Thomes<br>
                Director and President</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Eric J. Thomes, age 47, joined Allianz Life of New York on
                April 1, 2019, and currently serves as the President and as a Director. He also serves as the Senior Vice President, Chief Distribution Officer of Allianz Life. Mr. Thomes also serves as a Governor, and as the Chief Executive Officer and
                Chief Manager of Allianz Life Financial Services, LLC. Mr. Thomes also serves as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, respectively. He also serves as the Chair and as a Director of
                Yorktown Financial Companies, Inc., Questar Agency, Inc., Questar Asset Management, Inc., and Questar Capital Corporation, respectively. Mr. Thomes is responsible for the development, design and implementation of Allianz Life&#8217;s and Allianz
                Life of New York&#8217;s sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019. He also served as the President of Allianz Individual Insurance Group, LLC
                from 2005 to 2018.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Thomes brings to the Board extensive financial services
                and insurance industry experience.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Steven J. Thiel<br>
                Director and Vice President, Appointed Actuary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Steven J. Thiel, age 49, joined Allianz Life of New York&#8217;s
                Board of Directors on November 13, 2012 and is also a member of its Finance Committee. He also serves as the Vice President, Appointed Actuary of Allianz Life of New York. Mr. Thiel also serves as the Vice President, Actuarial Reporting and
                Analysis of Allianz Life. He is also a Director, and the President and Chief Executive Officer of Allianz Annuity Company of Missouri and Allianz Life Insurance Company of Missouri, respectively. Mr. Thiel joined Allianz Life in 2008. Mr.
                Thiel also served as the Appointed Actuary of Allianz Life and Annuity Company from 2012 to 2019. Mr. Thiel leads a team responsible for accurate and timely reporting of the actuarial balances for Allianz Life and Allianz Life of New York.
                He is accountable for analyzing aspects of the Company&#8217;s financial performance and delivering key projects that drive financial strength and stability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Thiel brings to the Board extensive experience in
                actuarial and financial performance matters.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Ronald M. Clark<br>
                Director</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Ronald M. Clark, age 72, joined Allianz Life of New York&#8217;s
                Board of Directors on March 31, 2013, and is a member of its Audit and Evaluation Committee and its Finance Committee. Mr. Clark also serves on the Board of Directors of Allianz Life, is the Chair of its Nomination, Evaluation and
                Compensation Committee, and is a member of its Audit Committee and its Executive Committee. He also serves as a Director and Audit Committee member of Allianz Reinsurance America, Inc. Mr. Clark also serves as a Director of Manitex
                International, Inc., as the Chair of its Compensation Committee, and as a member of its Audit Committee. Mr. Clark has over 40 years of experience in investments, having served as the</div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">President of Allianz Investment Corporation from 1980 to 1990, the Chief
                Operating Officer of Allianz of America, Inc. (&#8220;AZOA&#8221;) from 1990 to 2001, the Chief Investment Officer of AZOA from 2002 to 2011, and as a Director of Fireman&#8217;s Fund Insurance Company from 2014 to 2015.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Clark brings to the Board extensive experience in the
                financial services and insurance industries, as well as extensive experience with investment matters.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Martha Clark Goss<br>
                Director</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Martha Clark Goss, age 70, joined Allianz Life of New York&#8217;s
                Board of Directors on October 15, 2005, and is the Chair of its Audit and Evaluation Committee, and a member of its Conflict of Interest Committee. Ms. Goss has more than 35 years of executive experience, primarily in finance and
                investments and risk management. Since 1992 she has served on a number of public and private company boards, has provided independent consulting services to various companies and serves as an instructor for executive leadership training for
                Deloitte LLP. Ms. Goss currently serves as a director of American Water Works Company, Inc. and Neuberger Berman Mutual Funds. Ms. Goss brings to the Board extensive experience in the financial services industry as well as expertise on
                corporate governance and risk management matters. The Board also benefits from her perspective as a current and former director of other companies.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Lorraine Lods<br>
                Director</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Lorraine Lods, age 51, joined Allianz Life of New York&#8217;s
                Board of Directors on October 1, 2018. Ms. Lods has over 25 years of insurance and financial service experience. Ms. Lods currently serves as Regional Vice President of Retirement Consultant for Allianz Life Financial Services, LLC covering
                the New York City-Long Island Territory since 2009. Ms. Lods brings to the Board extensive experience in the insurance industry as well as extensive experience in wholesaling.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gary A. Smith<br>
                Director</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gary A. Smith, age 60, joined Allianz Life of New York&#8217;s
                Board of Directors on May 10, 2005. Mr. Smith is Co-Founder and Senior Partner of Ivy Planning Group (Ivy), a 29-year-old management consulting and training company specializing in strategy, diversity, leadership and change management. Mr.
                Smith has over 29 years of experience in strategy, technology, management consulting and executive coaching to large private sector companies and government organizations. He has successfully developed and implemented strategies, led teams,
                and served the needs of a wide spectrum of clients, sharing best practices in management consulting in multiple venues. Mr. Smith brings to the Board extensive experience in management consulting and diversity initiatives.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Kevin E. Walker<br>
                Director</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Kevin E. Walker, age 57, joined Allianz Life of New York&#8217;s
                Board of Directors on October 1, 2018, and is also a member of its Audit and Evaluation Committee and its Executive Committee. Mr. Walker also serves on Allianz Life&#8217;s Board of Directors as of May 23, 2017, and is a member of its Audit
                Committee and its Nomination, Evaluation and Compensation Committee. Mr. Walker serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee since January 1, 2017. Mr. Walker has over 30
                years of insurance and financial services experience. Mr. Walker served at various Allianz affiliates throughout his career, most recently as the President and Chief Executive Officer of Allianz Reinsurance America, Inc. from 2015 to 2016.
                Prior to that, he was the Senior Vice President and Chief Financial Officer of Fireman&#8217;s Fund Insurance Company from 2011 to 2015, and the Senior Vice President of Group Planning and Controlling of Allianz SE from 2006 to 2010. He also
                served as the Senior Vice President and Chief Financial Officer, Retirement and Protection Division of Genworth Financial from 2010 to 2011. Mr. Walker also was employed by Allianz Life from 1995 to 2006 as the Vice President, Treasurer and
                Senior Investment Officer, following which he then served as the Senior Vice President and Senior Financial Officer for all product lines. Mr. Walker has also served as a director and officer for several other Allianz affiliates.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Walker brings to the Board extensive experience in the
                insurance industry, as well as extensive experience in finance and operations.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">EXECUTIVE OFFICERS</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current executive officers (other than Messrs. White,
                Gaumond, Thiel and Thomes) are as follows. Age and positions are provided as of December 31, 2019, except as otherwise noted.</div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gretchen Cepek<br>
                Chief Legal Officer and Secretary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gretchen Cepek, age 51, joined Allianz Life of New York on
                February 17, 2012 and currently serves as the Chief Legal Officer and Secretary. In this role, Ms. Cepek is responsible for the legal, ethics and compliance departments as well as government relations and the special investigations unit.
                She also serves as the Senior Vice President, General Counsel and Secretary of Allianz Life and the General Counsel and Secretary of AZOA Services Corporation. Previously, Ms. Cepek served as the Secretary for Allianz Life and Annuity
                Company from 2012 to 2017, and the Vice President of Legal Business Operations, Distribution and Product Development of Allianz Life from 2009 to 2012. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Catherine A. Mahone<br>
                Chief Administrative Officer</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Catherine A. Mahone, age 55, joined Allianz Life of New York
                on April 9, 2013 and currently serves as the Chief Administrative Officer. Ms. Mahone also serves as the Senior Vice President, Chief Administrative Officer of Allianz Life, and a Governor of Allianz Life Financial Services, LLC. Ms. Mahone
                is responsible for the oversight of enterprise operations, information technology, and other strategic business initiatives. Previously, Ms. Mahone served as the Senior Vice President, Enterprise Operations of Allianz Life from 2008 to
                2012, and a Director of Allianz Technology of America, Inc. from 2013 to 2015.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Neil H. McKay<br>
                Chief Actuary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Neil H. McKay, age 58, joined Allianz Life of New York in
                1999 and currently serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay also serves as the Senior Vice President, Chief Actuary of Allianz Life. Previously, Mr. McKay also served as a Director and the Chief
                Actuary of Allianz Life and Annuity Company from 2007 to 2017. Mr. McKay is responsible for all of the actuarial functions of Allianz Life of New York and Allianz Life, including the actuarial assumptions underlying its products and the
                rate setting associated with existing and new products.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Todd M. Hedtke<br>
                Chief Investment Officer</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Todd M. Hedtke, age 47, joined Allianz Life of New York in
                2012 and currently serves as the Chief Investment Officer since August 21, 2015. He also currently serves as the Senior Vice President, the Chief Investment Officer of Allianz Life, the Chief Executive Officer of Allianz Investment
                Management LLC, and the Chief Investment Officer of Allianz Annuity Company of Missouri and Allianz Life Insurance Company of Missouri, respectively. Mr. Hedtke is President of Allianz Finance Corporation, and Vice President and Treasurer
                of Allianz Fund Investments Inc., AZL PF Investments Inc., and Dresdner Kleinwort Pfandbriefe Investments II Inc., respectively. Mr. Hedtke is also a Director of Allianz Fund Investments Inc., AZL PF Investments, Inc., Dresdner Kleinwort
                Pfandbriefe Investments II, Inc., and Allianz Finance Corporation, respectively. He also serves as a Governor of Allianz Investment Management LLC, and as the Chair of the Benefit Plans Investment Committee for AZOA Services Corporation.
                Mr. Hedtke leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. He is also a member of the global Allianz Investment Management Board, which serves the Allianz Group of insurance companies.
                Prior to his current role, Mr. Hedtke spent 15 years in a number of investment-related positions at Allianz Life and its affiliates, including his prior role as the Vice President, Investment Management of Allianz Life from 2010 to 2015,
                the Vice President of Investments of Allianz Life of New York from 2012 to 2015, the Treasurer of Allianz Fund Investments, Inc. in 2015, and a Director and the Chief Investment Officer of Allianz Life and Annuity Company from 2015 to 2017.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">CORPORATE GOVERNANCE</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Committees of the Board</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Executive Committee of the Board (&#8220;Executive Committee&#8221;)
                is currently composed of Messrs. White (Chair), Gaumond and Walker (who replaced Mr. Herbert as a member as of April 10, 2019).. The function of the Executive Committee is to exercise the authority of the Board between meetings of the
                Board, with the exceptions set forth in Allianz Life of New York&#8217;s By-Laws. The Executive Committee did not meet in 2019.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Audit and Evaluation Committee of the Board is currently
                composed of Ms. Goss (Chair), who replaced Mr. Herbert as the Chair as of April 10, 2019, and Messrs. Clark and Walker (who replaced Mr. Herbert as a member as of April 10, 2019). The Audit and Evaluation Committee is responsible for
                recommending the selection of independent certified public</div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">accountants, reviewing Allianz Life of New York&#8217;s financial condition and the
                scope and results of the independent audit and any internal audit, nominating candidates for director, evaluating the performance of principal officers deemed by the Audit and Evaluation Committee to be principal officers of Allianz Life of
                New York and recommending to the Board of Directors the selection and compensation of such principal officers and any plan to issue options to its officers and employees for the purchase of shares of stock. The Audit and Evaluation
                Committee met two times in 2019, and acted once&#160;by written action.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Conflict of Interest Committee of the Board is currently
                composed of Mr. White (Chair), Ms. Cepek, and Ms. Goss (who replaced Mr. Herbert as a member as of April 10, 2019). The Conflict of Interest Committee assists Allianz Life of New York in addressing ethics and conflict of interest matters.
                The Conflict of Interest Committee met once in 2019.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Finance Committee of the Board is currently composed of
                Messrs. Gaumond (Chair), Clark and Thiel. The Finance Committee is responsible for exercising all the powers of the Board of Directors with respect to the investments of the funds of Allianz Life of New York. The Finance Committee met two
                times in 2019, and acted three times by written action.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Independence of Certain Directors</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of New York is not subject to the independence
                standards of the New York Stock Exchange or any other national securities exchange, but is subject to the independence standards set out in New York Insurance laws and the Model Audit Rule. Applying the independence standards of the Model
                Audit Rule to the current members of Allianz Life of New York&#8217;s Board of Directors, as well as the members that served on Allianz Life of New York&#8217;s Audit and Evaluation Committee during 2019, the Board of Directors has determined that (1)
                Ms. Goss and Messrs. Clark and Walker are &#8220;independent&#8221; under those standards, and (2) Mr. Herbert was &#8220;independent&#8221; under those standards through his retirement date of April 10, 2019.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Code of Ethics</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">All of our officers and employees, including our Chief
                Executive Officer, President, Chief Financial Officer and Controller, are subject to Allianz Life of New York&#8217;s Code of Ethics.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Executive Compensation</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Compensation Discussion
                  and Analysis</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In this section, we provide an overview of the goals and
                principal components of our executive compensation program and describe how we determine the compensation of our &#8220;Named Executive Officers&#8221; or &#8220;NEOs.&#8221; Allianz Life of New York is a subsidiary of Allianz Life. Each of our NEOs is employed by
                both Allianz Life of New York and Allianz Life. Our NEOs are compensated directly by Allianz Life. Allianz Life charges Allianz Life of New York an allocated percentage of each of our NEO&#8217;s compensation. The allocated percentage of
                compensation charged to Allianz Life of New York for our NEO&#8217;s during the year ended December 31, 2019 is set forth below and hereafter referred to as the &#8220;Allocation Percentages.&#8221; For 2019, our NEOs were:</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:4.25%;margin-top:6pt;width:76.82%;" id="z0e3b5493d6b04300bb42fa8ceee224c3">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:52.96%;">Name<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:22.13%;">Title </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.13%;">Allocation Percentages </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:52.96%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.13%;">Chair and Chief Executive Officer </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">5.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:52.96%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.13%;">Chief Financial Officer and Treasurer </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">5.00% </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zb2c47b6d1c8f42798582d40e668dd49f">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Our
                        three most highly paid executive officers other than our principal executive officer and principal financial officer are not included as NEOs for 2019 because their total compensation allocable to Allianz Life of New York did not
                        exceed the $100,00 threshold established by SEC rules.&#160; </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The details of each NEO&#8217;s compensation may be found in the
                Summary Compensation Table and other compensation tables included in this Executive Compensation section.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Executive Summary</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our NEOs are also officers of Allianz Life, our parent
                company, and are not paid additional compensation for serving as executive officers of Allianz Life of New York. Instead, our NEOs are paid directly by Allianz Life with a certain portion of their Allianz Life compensation allocated to
                Allianz Life of New York, which allocation is reviewed and approved by our Audit and Evaluation Committee with respect to those NEO&#8217;s that are also the NY Principal Officers. The &#8220;NY Principal Officers&#8221; are the Chief Executive Officer,
                President, Chief Legal Officer and Secretary, Chief Administrative</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;57&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_49"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Officer and Chief Financial Officer and Treasurer. Therefore, our parent
                company, Allianz Life, establishes our NEOs&#8217; compensation programs with our Audit and Evaluation Committee reviewing and approving the compensation allocations to Allianz Life of New York with respect to our NY Principal Officers. Allianz
                Life&#8217;s compensation programs are intended to align our NEOs&#8217; interests with those of our ultimate stockholder, Allianz SE, the ultimate parent company of Allianz Life and Allianz Life of New York. Allianz Life&#8217;s compensation programs are
                designed to reward performance that meets or exceeds the goals established by the Compensation Committee, a management committee of Allianz Life. Allianz Life is tasked with establishing the executive compensation philosophy. In line with
                Allianz Life&#8217;s compensation philosophy described below, the total compensation received by our NEOs will vary based on individual and corporate performance in light of annual and long-term performance goals. Our NEOs&#8217; total compensation is
                composed of a mix of annual base salary, annual cash awards based on corporate objectives and executive performance factors and long-term equity incentive awards in the form of restricted stock units of the equity securities of Allianz SE.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Compensation
                  Philosophy and Strategy</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Overview</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The overriding goal of Allianz Life&#8217;s executive compensation
                programs is to attract, retain and motivate top-performing executive officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to
                foster a pay-for-performance management culture by:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0cd817cd9e7f49898aa3f0e862688712">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">providing
                        total compensation opportunities that are competitive with the levels of total compensation available at the large diversified financial services companies with which Allianz Life most directly competes in the marketplace; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">setting
                        performance metrics and objectives for variable compensation arrangements that reward executives for attaining both annual targets and medium-range and long-term business objectives, thereby providing individual executives with the
                        opportunity to earn above-average compensation by achieving above-average results; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">establishing
                        equity-based arrangements that align executives&#8217; financial interests with those of Allianz SE by ensuring executives have a material financial stake in the equity value of Allianz SE and the business success of its affiliates; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">structuring compensation packages and outcomes to foster internal pay equity. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:353pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;58&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_50"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Compensation Components</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To support this pay-for-performance strategy, Allianz Life&#8217;s
                total compensation program provides a mix of compensation components that bases the majority of each executive&#8217;s compensation on their success and on an assessment of each executive&#8217;s overall contribution to that success.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z2578687bcb0c4229be375dd3c9663019">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.22%;">Compensation Element </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:49.90%;">Description </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:6pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:26.88%;">Objective </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.22%;">Base Salary </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Fixed rate of pay that compensates employees for fulfilling their basic job responsibilities. For NEOs, increases are
                        generally provided in the case of a significant increase in responsibilities or a significant discrepancy versus the market. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Attract and retain high-caliber leadership. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.22%;">Annual Incentive Plan </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Incentive compensation that promotes and rewards the achievement of annual performance objectives through awards under the
                        Allianz Life Annual Incentive Plan (&#8220;AIP&#8221;). </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:Normal;line-height:12pt;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-7pt;text-transform:none; text-transform:none;vertical-align:top;width:26.88%;">&#8226;&#8194;Link compensation to annual performance results.<br>
                        &#8226;&#8194;Attract and motivate high-caliber leadership.<br>
                        &#8226;&#8194;Align the interests of NEOs and our stockholder. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.22%;">Long-Term Incentives </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Incentive compensation that promotes and rewards the achievement of long-term performance objectives through awards under
                        the Allianz Life Long-Term Performance Unit Plan (&#8220;ALTPUP&#8221;).<br>
                        Allianz Life&#8217;s Chief Executive Officer, Walter R. White, was eligible to receive annual awards through the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:26.88%;">&#8226;&#8194;Link compensation to annual and multi-year performance results.<br>
                        &#8226;&#8194;Motivate and retain high-caliber leadership with multi-year vesting.<br>
                        &#8226;&#8194;Align the interests of NEOs and our stockholder. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.22%;">Performance-Based Equity Incentives </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Incentive compensation through restricted stock unit awards made under the Allianz Equity Incentive Plan (&#8220;AEI&#8221;) that
                        promotes and rewards the achievement of senior executive officers. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:Normal;line-height:12pt;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-7pt;text-transform:none; text-transform:none;vertical-align:top;width:26.88%;">&#8226;&#8194;Retain high-caliber leadership with multi-year vesting.<br>
                        &#8226;&#8194;Align the interests of NEOs and our stockholder. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.22%;">Severance Arrangements </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Severance payments to employees, including NEOs, under certain company-initiated termination events. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Compensate employees for situations where the employee&#8217;s employment is involuntarily terminated in a qualifying termination of employment. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:23.22%;">Perquisites-Benefits </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.90%;">Perquisites provided to our NEOs include employer matching contributions to the NEOs&#8217; accounts in the
                        401(k) plan and may also include the payment of life insurance premiums, relocation reimbursements, and reimbursements for financial planning, tax preparation services, and spousal travel expenses. </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Provide market competitive total compensation package. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, Allianz Life offers all employees, including our
                NEOs, broad-based benefits, including comprehensive medical, dental and vision insurance, group term life insurance and participation in a 401(k) plan.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">How Compensation
                  Decisions Are Made</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of the Board of Directors and Compensation Committee</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The framework governing the executive compensation policies
                for Allianz Life, which directly compensates the executives of Allianz Life of New York, except as such policies relate to the compensation for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life.
                Decisions affecting the compensation of the Chief Executive Officer are outside the scope of the Allianz Life Compensation Committee. Any such decisions are made by Allianz SE, subject to review by the Nomination, Evaluation and
                Compensation Committee of the Allianz Life Board of Directors (the &#8220;NEC Committee&#8221;), and final approval by Allianz Life&#8217;s Board of Directors. With respect to the compensation of other &#8220;principal officers&#8221; selected by the Board for purposes
                of the duties of the NEC Committee under Minn. Stat. &#167; 60D.20, subd. 3(d), the Compensation Committee&#8217;s decision are similarly subject to review by the NEC Committee and final approval by</div>
            </div>
            <div style="margin-top:28pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;59&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_51"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s Board. The &#8220;principal officers&#8221; include the Chief Executive
                Officer, Chief Financial Officer and General Counsel. Allianz Life&#8217;s Board has delegated the following responsibilities to the Compensation Committee:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zd4617661fc5040c282b79db2db9dcea0">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">In
                        general, establish the compensation philosophy and strategy of Allianz Life and oversee the development and implementation of compensation, benefit and perquisite programs for corporate executives consistent with the principles of
                        ensuring that leadership is compensated effectively in a manner consistent with the stated compensation strategy, internal equity considerations, competitive practices, shareholder interests, and the requirements of any applicable
                        regulatory bodies in order to attract and retain high-quality leadership. This responsibility includes periodic review of Allianz Life&#8217;s compensation programs to pursue certain goals, with the expectation that changes will be made
                        periodically to ensure these goals are attained. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Review
                        and approve the establishment of, or material modification to, any executive incentive compensation plans or programs for Allianz Life. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Review
                        and approve any special benefits or perquisites in effect for, or offered to, any prospective, current or former Allianz Life employee, regardless of the employee&#8217;s level or assignment within Allianz Life. Such benefits and
                        perquisites are those that are unusual or different than the benefits offered to all similarly-situated employees. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Review
                        and approve any employment agreements proposed to be made with any prospective or current employee of Allianz Life. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Review
                        and approve any individual severance agreement with any Allianz Life officer. This does not include an arrangement where the employee receives severance or incentive payments under existing terms of a broadbased benefit or
                        compensation plan. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Oversee Allianz Life&#8217;s compliance with regulations with respect to compensation matters and adopt and monitor adherence to global and local process requirements and timelines, including those
                        required under the Corporate Rules (as defined under the Allianz Life Standard for Corporate Rules) mandated by Allianz SE. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Compensation Committee will at all times be composed of
                at least three members who are appointed by the full Board of Directors of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human
                Resources Officer. The Compensation Committee also utilizes internal personnel to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following its review and decision, the Compensation Committee
                produces and submits a report on executive compensation to Allianz Life&#8217;s Board of Directors at its request. With respect to the compensation of &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the duties of the NEC
                Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), the Compensation Committee produces and submits a report on executive compensation proposed for the designated &#8220;principal officers&#8221;, to the NEC Committee for its review and
                recommendation to Allianz Life&#8217;s Board for final approval.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of the Chief Executive Officer</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our Chief Executive Officer assists the Compensation
                Committee in its review of the total compensation of all the NEOs except himself. He provides the Compensation Committee with his assessment of their performances relative to the corporate and individual goals and other expectations set for
                them for the preceding year. He then provides his recommendations for each NEO&#8217;s total compensation and the appropriate goals for each in the year to come. However, the Compensation Committee is not bound by his recommendations.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of Allianz Life&#8217;s Human Resources</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s Human Resources supports the Compensation
                Committee on executive compensation matters by being responsible for many of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz
                Life&#8217;s Human Resources efforts include, among other things:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z4042580a35a043f6a746607f3a0d479b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">evaluating
                        the compensation data from industry groups, national executive pay surveys and other sources for the NEOs and other executive officers as appropriate; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">gathering
                        and correlating performance ratings and reviews for individual executive officers, including the NEOs; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reviewing
                        executive compensation recommendations against appropriate market data and for internal consistency and equity; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">reporting to, and answering requests for information from, the Compensation Committee. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s Human Resources officers also coordinate and
                share information with their counterparts at Allianz SE.</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;60&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_52"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Use of Competitive
                  Compensation Data</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Because Allianz Life competes most directly for executive
                talent with other large diversified financial services companies, Allianz Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides
                compensation opportunities that compare favorably with the levels of total compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz
                Life relies primarily on external market surveys of corporate compensation and benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken
                into account include the average revenues and number of employees of companies that participate in such surveys.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">All these information sources are employed to measure and
                compare actual pay levels not only on an aggregate, total compensation basis but by breaking down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of
                fixed versus variable, short-term versus long-term and cash versus equity-based compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life&#8217;s Human Resources, is submitted to the Compensation
                Committee for review and discussion.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Internal Pay Equity Analysis</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s compensation programs are designed with the
                goal of providing compensation to our NEOs that is fair, reasonable, and competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed
                companies, as discussed above, but also with compensation paid to each of our other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Components of Total
                  Compensation For Our NEOs</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life provides total compensation to our NEOs that
                consists of several components. These components include the three components of the total compensation program (i.e., base salary, annual and multi-year incentives and equity) as well as: (i) retirement, health and other benefit programs;
                (ii) severance benefits; and (iii) perquisites.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Base Salary</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s philosophy is to make base salary a relatively
                small portion of the overall compensation package for our NEOs, which Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO&#8217;s tenure, the
                scope of the position&#8217;s responsibilities and the NEO&#8217;s own performance, all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries
                against the median for comparable salaries at surveyed companies, unless exceptional conditions require otherwise.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to the base salary of our Chief Executive
                Officer, the Chair of the Board considered the Chief Executive Officer&#8217;s experience, performance, and contribution to overall corporate performance when determining his base salary for 2019 for recommendation to the NEC Committee. Base
                salaries for our other NEOs for 2019 were also set by the Compensation Committee based upon each NEO&#8217;s individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee
                reviews and, with respect to the base salaries of &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee
                review and recommendation to Allianz Life&#8217;s Board for final approval.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AIP</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life offers annual cash bonuses to certain executive
                officers under the AIP. The AIP is designed to improve performance and profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole
                discretion of the Compensation Committee, and with respect to our CEO, the Chair of the Board, and are intended to:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z120fc0a3f65b495d98459cb1ff4808d2">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reward
                        the performance of participants who have made significant contributions to the achievement of annual goals and objectives; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">provide
                        an incentive that will encourage future superior individual performance; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success of Allianz Life. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;61&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_53"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Following the performance year, the Compensation Committee
                approved a specific amount of cash awards to be made pursuant to the AIP to executive officers, including our NEOs, for the 2019 performance year. The amount determined to be available for such awards was at the discretion of the
                Compensation Committee and was dependent upon many factors as outlined previously, including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the
                awards to the &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life&#8217;s Board
                for final approval.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Long-Term Incentives</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The purpose of the ALTPUP is to advance the interests of
                Allianz Life, including Allianz Life of New York, and our indirect stockholder. The ALTPUP seeks to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of
                employees of Allianz Life who contribute significantly to their company&#8217;s long-term performance. Such incentive shall be in the form of Long-Term Performance Units ("ALTPUP Units"), which are contingent awards, subject to the terms,
                conditions and restrictions described in the ALTPUP and the Award Agreement under which such awards are made, by which participants in the ALTPUP may become entitled to receive cash on the payment date for redemption of the ALTPUP Units
                valued on the valuation date. The award of ALTPUP Units is discretionary and any payments from the ALTPUP are intended to:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z859d36ed7cb343848f20d887990b9c2d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reward
                        the performance of participants who have made significant contributions to the achievement of their company&#8217;s annual goals and objectives, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">provide
                        an incentive that will encourage future superior individual performance, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success of their company. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Compensation Committee (and, with respect to those NEOs
                that are &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee with final approval of Allianz Life&#8217;s Board of Directors) reviewed the performance of our NEOs following the end of our 2019 fiscal year relative to
                the ALTPUP.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Targeted levels of bonus awards made pursuant to the ALTPUP
                for our NEOs were established by the Compensation Committee (or, in the case of those NEOs that are &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee with final approval of Allianz Life&#8217;s Board) based on a
                number of factors related to the performance of Allianz Life and Allianz Life of New York, and the performance of the NEO. Maximum bonus awards made to our NEOs pursuant to the ALTPUP are set to two times the target amount for each NEO. See
                footnote (2) to the Summary Compensation Table for the specific amounts awarded to each NEO for the year ended December 31, 2019.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our Chief Executive Officer receives cash awards pursuant to
                the terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. The Allianz SE Mid-Term Bonus Plan will provide a final award in respect of business performance in 2019. The minimum payout is zero and the maximum payout is 165% of
                the target amount. Target award amounts generally focus on performance of Allianz Life and Allianz Life of New York, including the growth and operating profit and achievement of goals set by Allianz Life. At the end of 2021, the 2019
                performance of Allianz Life will be assessed, along with relevant company comparisons. Proposed incentive awards are endorsed by the Allianz SE Board of Management and approved by the respective Compensation Committee and by the NEC
                Committee for final approval by Allianz Life&#8217;s Board. The award in respect of 2019 performance will be the final award under the Mid-Term Bonus Plan.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AEI</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AEI is (a) one part of the variable compensation element
                for senior executives and provided under the Allianz Sustained Performance Plan (&#8220;ASPP&#8221;) or (b) offered by Allianz Life to selected senior employees as an additional part of their variable compensation on a case by case basis. The AEI is
                granted in the form of restricted stock units of Allianz SE (&#8220;RSUs&#8221;). See the discussion regarding material terms of grants under the AEI under Performance &#8211; Based Incentive Compensation Plans, below.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Benefit Perquisites</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life provides our NEOs with certain limited
                perquisites. All of our employees, including our NEOs, may participate in the qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to
                $21,000 annually. In addition, Allianz Life and Allianz Life of New York provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements and
                reimbursements of spousal travel expenses to certain of our NEOs.</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;62&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_54"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">The incremental costs of perquisites for the NEOs during 2019 are included in
                the column entitled &#8220;All Other Compensation&#8221; in the Summary Compensation Table included in this section.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Severance Arrangements</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life has entered into an Executive Severance
                Agreement with our Chair, Director, and Chief Executive Officer, Walter R. White, which is described in the &#8220;Allianz Life Executive Severance Agreement&#8221; discussion later in this section. We have not entered into any other specific severance
                agreements with any of our NEOs.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The remainder of our NEOs are eligible for severance payments
                under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the plan.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Other than the Executive Severance Plan, which is described
                later in this section, our NEOs (except for Walter R. White) are not eligible for severance payments. Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives and equity
                compensation. However, Allianz Life does not view these offer letters as employment agreements as each offer letter states that employment with Allianz Life is &#8220;at will.&#8221;</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Other Compensation
                  Policies</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Tax and Accounting Implications</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Stock-Based
                  Compensation</font>. Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting
                Standards Codification (&#8220;FASB ASC&#8221;) Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that
                day and the nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period
                and the payout cap.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Summary Compensation
                  Table</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table sets forth the compensation paid by
                Allianz Life for the year ended December 31, 2019 to our NEOs. The executive compensation information in this prospectus is shown for a one-year period, in accordance with Regulation S-K Item 402, Instruction 1 to Item 402(c) and Item
                402(a)(3).</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z4d5e9c4128f542d580af064fe12f66ff">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.60%;">Name and Principal<br>
                        Position<br>
                        (a) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:5.42%;">Year<br>
                        (b) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.27%;">Salary<br>
                        (c) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.27%;">Stock<br>
                        Awards<br>
                        (e)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.71%;">Non-Equity<br>
                        Incentive Plan<br>
                        Compensation<br>
                        (g)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2),(3)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.71%;">All Other<br>
                        Compensation<br>
                        (i)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.02%;">Total<br>
                        (j) </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.60%;">Walter R. White<br>
                        <font style="font-weight:Normal;">Chair and Chief Executive Officer</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.27%;">$43,255 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.27%;">$54,069 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$108,138 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$1,313 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$206,775 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.60%;">William E. Gaumond<br>
                        <font style="font-weight:Normal;">Chief Financial Officer and Treasurer</font> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.27%;">$22,761 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.27%;">$17,276 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.71%;">$30,933 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$1,107 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.02%;">$72,077 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z953aa32467c3457fa1dc0437999b11d3">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs vest over a four-year period. The RSUs issued in 2020 for the 2019 performance year have a March 2024 exercise date. The grant price of the RSUs was the
                        arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the nine immediately preceding trading days, less the present
                        value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and the payout cap. These numbers show the amount realized
                        for financial reporting purposes as calculated in accordance with the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market price of the common stock of Allianz SE on the date
                        of grant, which is then recognized over the requisite service period of the award. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Includes the following payments and grants made pursuant to the AIP and the ALTPUP. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:3.64%;">&#160; </td>
                      <td style="line-height:1pt;text-align:left;vertical-align:top;white-space:nowrap;width:96.36%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:4.25%;margin-top:6pt;width:76.82%;" id="z370d095a93bf47fdb22b83d6884ffe1c">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.83%;">Name </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:22.13%;">Year </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.13%;">Payments made<br>
                        pursuant to the<br>
                        AIP </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.13%;">Grants made<br>
                        pursuant to the<br>
                        ALTPUP </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:30.83%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">$54,069 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">$54,069 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:30.83%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">$17,276 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.13%;">$13,657 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="ze84ca625619e48429477ac29727e59c7">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Walter
                        R. White, as Chair and Chief Executive Officer, participates in the global Allianz SE Mid-Term Bonus Program rather than the ALTPUP. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:38pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;63&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_55"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:1pt;width:100%;" id="z98853808901948c2b0564699514e8bed">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                        following table provides additional details regarding compensation found in the &#8220;All Other Compensation&#8221; column. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:3.64%;">&#160; </td>
                      <td style="line-height:1pt;text-align:left;vertical-align:top;white-space:nowrap;width:96.36%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:4.25%;margin-top:6pt;width:85.63%;" id="z906cbe7e073c4e73b7fe8683f6c9643e">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.97%;">Name </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.29%;">Year </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.86%;">Spousal<br>
                        Travel<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.20%;">Milestone/<br>
                        Anniversary/<br>
                        Recognition<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.34%;">Life Insurance<br>
                        Premiums </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.80%;">Employer Match<br>
                        to 401(k) Plan </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.54%;">ASAAP<br>
                        Contribution<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(7)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.58%;">Total </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.97%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">$218 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12.60pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">-- </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$46 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$1,050 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:16.24pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">-- </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.58%;">$1,313 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.97%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2019 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt; padding-left:16.24pt;padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">-- </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">$24 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$33 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:14.80%;">$950 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">$100 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.58%;">$1,107 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z200d639707e340b5a00485a85c1cd5fa">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(5) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        reimbursement or payments made to defray the costs of a spouse&#8217;s travel. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(6) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        Milestone Anniversary Program, which pays a bonus at three and five year anniversaries, and then every five years thereafter. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(7) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Represents company matching contribution to the Allianz Supplemental Asset Accumulation Plan for deferrals in excess of IRS compensation limit. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Performance-Based
                  Incentive Compensation Plans</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AIP</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AIP is intended to provide an incentive that will
                encourage superior individual performance and encourage retention of employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to long-term success. The AIP seeks to accomplish this purpose
                by providing a bonus opportunity to eligible employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of
                competitive market bonuses for similar job levels in the marketplace. While the target awards may be used for illustrative, budget planning or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Compensation Committee or other duly authorized committee
                determines allocation of bonus awards to employees. With respect to &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee recommends to Allianz Life&#8217;s Board of Directors awards for final approval.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">ALTPUP</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In order to be eligible for ALTPUP awards, individuals must
                be nominated by the business unit and approved by the Compensation Committee and with respect to &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, by the NEC Committee with final approval by the Board. Receipt of an ALTPUP
                award one year is not a guarantee that an ALTPUP award will be granted in subsequent years. The ALTPUP incentive is in the form of ALTPUP Units, which have a target value of $10. The threshold value is $5 and the maximum value is $20.
                ALTPUP award periods are three years, with one-third of the ALTPUP Units paying out each year over the three-year award period. The valuation date is December 31 at the end of each performance year, unless the Compensation Committee in its
                discretion selects an earlier date.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz SE Mid-Term Bonus Plan</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our Chief Executive Officer receives cash awards pursuant to
                the terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. The Allianz SE Mid-Term Bonus Plan will provide a final award in respect of business performance in 2019. The minimum payout is zero and the maximum payout is 165% of
                the target amount. Target award amounts generally focus on company performance, including growth and operating profit and achievement of goals set by Allianz Life. At the end of 2021, the 2019 performance of Allianz Life will be assessed,
                along with relevant company comparisons. Proposed incentive awards are endorsed by the Allianz SE Board of Management and by the NEC Committee for final approval by the Board. The award in respect of 2019 performance will be the final award
                under the Mid-Term Bonus Plan.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AEI</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AEI is designed to recognize the participant&#8217;s continuous
                employment with Allianz Life over the relevant period and shall be an incentive to continue in employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will
                be made only if the participant remains employed with Allianz Life during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or
                under certain other circumstances. The securities issuable under the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are
                subject to a four-year vesting period. At the end of the four-year period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility,
                or under certain other circumstances. Vesting and exercise may accelerate if</div>
            </div>
            <div style="margin-top:17pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;64&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_56"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">a participant leaves employment under other &#8220;good leaver&#8221; circumstances set
                forth in the AEI. The grant at fair value cannot be greater than 165% of a participant&#8217;s target amount. The maximum value of an exercise is an increase of 200% over the grant value (i.e., 300% of the grant value).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Grants of Plan-Based
                  Awards</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table provides additional information about
                plan-based compensation disclosed in the Summary Compensation Table. This table includes both equity and non-equity awards granted for the year ended December 31, 2019, and charged to Allianz Life of New York based on the Allocation
                Percentage assigned to each NEO.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zc9467b714eb845df9059bcc85f1b10e0">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.77%;" rowspan="2">Name<br>
                        <br>
                        (a) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;" rowspan="2">Grant Date<br>
                        <br>
                        (b) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.95%;" colspan="3">Estimated Future Payouts Under Non-Equity Incentive Plan Awards<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1),(2)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.95%;" colspan="3">Estimated Future Payouts Under Equity Incentive Plan Awards<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3),(4)</sup> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Threshold ($)<br>
                        (c) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Target ($)<br>
                        (d) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Maximum ($)<br>
                        (e) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Threshold ($)<br>
                        (f) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Target ($)<br>
                        (g) </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Maximum ($)<br>
                        (h) </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/6/2020 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$43,255 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$214,112 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$43,255 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$71,371 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Midterm Bonus Plan </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$43,255 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$71,371 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/6/2020 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$13,657 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$67,601 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$13,657 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$27,314 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">ALTPUP Award </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$13,657 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$27,314 </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zeb7616c3c32045da86243947766c554b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                        target and maximum columns show the target award and maximum award for 2019 for each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2019 awards granted to the NEOs are listed in the
                        Non-Equity Incentive Compensation column of the Summary Compensation Table. AIP target and maximum awards are a pre-designated percentage of base salary determined at the executive&#8217;s level. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                        target and maximum columns show the target award and maximum award for 2019 for each NEO under the ALTPUP. Under the ALTPUP, all awards are discretionary. To the extent that awards are made, the minimum amount of an award will equal
                        at least 50% of the target amount as determined by the Compensation Committee (or with respect to &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee with final approval of Allianz Life's Board). The
                        actual 2019 awards granted to the NEOs are listed in the Non-Equity Incentive Compensation column of the Summary Compensation Table. ALTPUP target and maximum awards are a pre-designated percentage of base salary determined at the
                        executive&#8217;s level. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">RSUs
                        have a vesting schedule as disclosed in the footnotes to the Summary Compensation Table. See &#8220;Outstanding Equity Awards at December 31, 2019&#8221; for disclosure regarding the number of RSUs that are unvested as of December 31, 2019. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">The target and maximum columns show the target award and maximum award for 2019 for each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2019 awards
                        granted to the NEOs are listed in the Stock Awards column of the Summary Compensation Table. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Outstanding Equity
                  Awards at December 31, 2019</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table sets forth the outstanding equity awards
                at the December 31, 2019 fiscal year-end. The table shows RSUs granted pursuant to the AEI, based on the Allocation Percentage assigned to each NEO.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z738e7f44d20048329481b5eaab898022">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.77%;" rowspan="2">Name<br>
                        <br>
                        (a) </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:79.23%;" colspan="2">RSUs </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Number of RSUs<br>
                        That Have Not<br>
                        Vested<br>
                        (g)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1),(2)</sup> </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Market Value of<br>
                        RSUs That Have<br>
                        Not Vested<br>
                        (h)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                      <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">504.850 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$124,688 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">408.050 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$100,780 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">351.500 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$86,813 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">261.950 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$64,696 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                      <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:9.65pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">36.050 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$8,904 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:9.65pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">72.600 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$17,931 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">101.950 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$25,180 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                      <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:9.65pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">76.900 </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$18,993 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z24e1771dbbea4072b834966e0883bca0">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during 2019 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all
                        participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment
                        under other &#8220;good leaver&#8221; circumstances set forth in the AEI. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">For each of the NEOs, the number of RSUs listed on the first line were exercised in 2020, the RSUs listed on the second line will exercise in 2021, the RSUs listed on the third line will exercise in
                        2022, and the RSUs listed on the fourth line will exercise in 2023. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:6pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;65&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_57"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:1pt;width:100%;" id="z3e07f1dae9ba4607a5bda633a9cafe1a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Based
                        on an assumed stock price of $246.98 per share, which was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on December 31, 2019 and the
                        nine immediately preceding trading days, converted from Euros into U.S. dollars. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Allianz SE Option
                  Exercises and Stock Grants Vested in 2019</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table summarizes the value received from
                Allianz SE stock grants vested during the year ended December 31, 2019, and charged to Allianz Life of New York based on the Allocation Percentage assigned to each NEO.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zb2927c50af7a453aaf9bc5cbf6898e02">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.77%;" rowspan="2">Name </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:79.23%;" colspan="2">Stock Awards </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Number of<br>
                        Shares<br>
                        Acquired<br>
                        on Vesting (#) </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Value Realized<br>
                        on Vesting ($)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">318.200 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$69,966 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt; padding-left:9.65pt;padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">33.950 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$7,465 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zede81428196f44eaa2ac17fbac98682b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        Allianz SE RSUs that were exercised during 2019 pursuant to the AEI. Amounts realized were paid in cash. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Allianz Life Executive
                  Severance Agreement</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life entered into an Executive Severance Agreement
                with its Chief Executive Officer, Walter R. White, with an expiration date of December 31, 2020. The severance arrangements for Mr. White as Chair and Chief Executive Officer of Allianz Life of New York are prescribed by the Executive
                Severance Agreement.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Pursuant to the Executive Severance Agreement, Mr. White is
                entitled to a lump sum cash payment upon separation of $86,510 based on the allocated percentage of compensation charged to Allianz Life of New York in the event he is terminated without &#8220;cause&#8221; as defined in the Executive Severance
                Agreement. In addition, pursuant to the Executive Severance Agreement, Mr. White is also bound by other restrictive covenants, including covenants relating to confidentiality and non-disparagement. Mr. White would also be entitled to
                continuation of medical and dental coverage at the employee premium rates for a period of 18 months following termination if Mr. White timely elects continuation and pays the required premiums.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The remainder of our NEOs are eligible for severance payments
                under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the applicable plan. The terms of this plan are set forth below.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Executive Severance
                  Plan</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Executive officers who have the title of Senior Vice
                President or above and report directly to a senior executive officer at a specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise
                satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive officers whose employment is involuntarily terminated in a qualifying termination of employment in order
                to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a qualifying termination of employment will receive a lump sum cash payment equal to one and one-half
                times their &#8220;annual base pay&#8221; in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and excludes special payments, such as bonuses, expense reimbursements, living or other allowances.
                Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18 months following termination, if the executive officer timely elects continuation coverage and
                pays the required premiums.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table shows the portion of the lump sum
                payments that would have been allocated to Allianz Life of New York based on each NEO&#8217;s Allocation Percentage and payable to each of our NEOs had they been terminated on December 31, 2019 and been eligible for severance payments pursuant to
                the Executive Severance Plan.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:52.83%;" id="z09e1a2df693d4017adec3603e2567212">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:48.85%;">NEOs </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:51.15%;">Lump Sum Payment </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">Walter R. White </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">N/A<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">William E. Gaumond </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">$34,142 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z5c86e7ac65cd4a0189db58d60805cae5">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Mr.
                        White is not eligible to receive payments pursuant to the Executive Severance Plan. See &#8220;Allianz Life Executive Severance Agreement&#8221; for information regarding severance payments that Mr. White is eligible to receive upon termination
                        of service. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:21pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;66&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_58"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Director Compensation</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table provides information on compensation paid
                to the directors of Allianz Life of New York for the year ended December 31, 2019.</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zff59ce8aeaf4412a9431452e18ba389a">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.77%;">Name<br>
                        (a) </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Fees Earned or<br>
                        Paid in Cash<br>
                        ($)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
                        (b) </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Total<br>
                        ($)<br>
                        (h) </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
                        Chair and Chief Executive Officer </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
                        Chief Financial Officer and Treasurer </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Eric J. Thomes<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
                        President </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Steven J. Thiel<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
                        Vice President, Appointed Actuary </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Lorraine Lods<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
                        Non-Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Ronald M. Clark<br>
                        Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Martha Clark Goss<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup><br>
                        Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$25,000 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$25,000 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Stephen R. Herbert<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup><br>
                        Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$10,000 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$10,000 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Gary A. Smith<br>
                        Non-Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Kevin E. Walker<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup><br>
                        Independent Director </td>
                      <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$20,000 </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="ze1f2ae2e05384337aa1aa51f21eb92e8">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                        cash compensation provided to our independent directors for the year ended December 31, 2019. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">As
                        inside directors, Messrs. White, Gaumond, Thomes, Thiel, and Ms. Lods do not receive any compensation for their service as directors. The compensation Messrs. White and Gaumond received as executive officers of Allianz Life of New
                        York is disclosed in the Summary Compensation Table as set forth herein. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Thomas
                        Burns resigned his position as President on March 31, 2019, and was replaced April 1, 2019, by Mr. Thomes who also was elected to the Board as of that date. Mr. Burns received no compensation for his service as a director of Allianz
                        Life of New York. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Mr. Herbert resigned his position as Director on April 10, 2019. Mr. Herbert&#8217;s Audit and Evaluation Committee Chair and Conflict of Interest Committee positions were replaced with Ms. Goss on April
                        10, 2019. Mr. Herbert&#8217;s Executive Committee and Audit and Evaluation Committee positions were replaced with Mr. Walker on April 10, 2019. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Security Ownership of Certain Beneficial Owners and
                Management</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are an indirect wholly owned subsidiary of Allianz SE.
                Allianz SE&#8217;s principal executive offices are located at K&#246;niginstrasse 28, 80802 Munich, Germany. As of March 31, 2020, the directors and executive officers of Allianz Life of New York held less than 1% of Allianz SE&#8217;s ordinary shares
                issued and outstanding.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Transactions with Related Persons, Promoters and Certain
                Control Persons</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are a wholly owned subsidiary of Allianz Life, which is a
                wholly owned subsidiary of AZOA, which in turn is a wholly owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Transactions with affiliates may not be on an arm&#8217;s-length
                basis and may present the potential for conflicts.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Business and Operational Risks Relevant to the Contract</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As an insurance company, a number of risks may affect our
                business. However, because the Contract (and any other insurance contract that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business
                are unlikely to be relevant to you. The risks described below are only those business and operational risks that are likely to be relevant to you as a purchaser of the Contract.</div>
            </div>
            <div style="margin-top:23pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;67&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_59"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Risks Primarily
                  Related to Our Financial Strength and Claims-Paying Ability</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We make Annuity Payments and apply Credits for this Contract
                from our general account. We also pay benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our
                financial strength and claims-paying ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Financial losses may threaten our financial strength and
                claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As an Owner of the Contract, you do not share in the profits
                and losses generated by our business. However, if we were to experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events
                that may result in financial losses include, but are not necessarily limited to, the circumstances and events listed below. We cannot predict what specific impact that any of these circumstances or events may ultimately have on our
                financial strength or claims-paying ability.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z95cb4827fdb445dba0218d8e223b62fb">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Difficult
                        Economic Conditions.<font style="font-style:Normal;"> Our financial condition is materially affected by conditions in the global capital markets and the economy generally. During an economic downturn, the demand for our financial
                          insurance products and services could be adversely affected. In addition, an economic downturn could cause the number and amount of surrenders and withdrawals under our insurance products to increase significantly, and owners of
                          our insurance products may choose to defer making purchase payments or paying insurance premiums or stop them altogether.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Unfavorable
                        Interest Rate Environments.<font style="font-style:Normal;"> During periods of declining interest rates, we may experience financial losses as the spread between interest rates that we credit to customers under our insurance
                          products and returns on our investments tighten. During periods of increasing interest rates, we may experience financial losses due to increases in surrenders and withdrawals under our insurance products as our customers choose
                          to forgo insurance protection in favor of potentially higher returns. Although we take measures to manage economic risks associated with different interest rate environments, we may not be able to fully mitigate those risks.</font>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Losses
                        on Fixed Maturity Investments.<font style="font-style:Normal;"> Our fixed maturity investments are subject to interest rate risk and credit risk. Interest rate risk refers to how the values of our fixed maturity investments
                          fluctuate in response to changes in market interest rates. Increases and decreases in prevailing interest rates generally result in decreases and increases, respectively, in the values of our fixed maturity investments. Credit
                          risk refers to the risk that a counterparty will default on its commitments to us under a fixed maturity investment. See &#8220;Defaults by Counterparties&#8221; below.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Losses
                        on Equity Investments.<font style="font-style:Normal;"> Our equity investments are generally valued based on quoted market prices and are subject to market risk. Market risk refers to how market prices for equity investments are
                          subject to fluctuation. A downward fluctuation in the market price for an equity investment could result in losses upon the sale of that investment. Fluctuations in market prices may result from, among other things, actual or
                          perceived changes in the attractiveness of specific investments or in general market conditions.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Losses
                        on Real Estate Investments.<font style="font-style:Normal;"> A portion of our investment portfolio consists of mortgage loans and mortgage-backed securities related to commercial, agricultural and residential real estate. The value
                          of our real estate investments may be negatively impacted by general economic conditions in the real estate sector, including supply and demand, market volatility, and interest rate fluctuations, as well as the creditworthiness of
                          obligors.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Losses
                        upon the Sale of Illiquid Investments.<font style="font-style:Normal;"> We hold certain investments that may lack liquidity, such as privately placed fixed maturity investments, mortgage loans, collateralized debt obligations,
                          commercial mortgage-backed securities, equity real estate and limited partnership interests. Although we seek to minimize the likelihood that we would need to sell illiquid investments, if we were required to liquidate these
                          investments on short notice, we may have difficulty doing so and may be forced to sell them for less than their fair value.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Loss of Market Share to Competitors.<font style="font-style:Normal;"> There is strong competition among insurers, banks, brokerage firms and other financial institutions and providers seeking
                          clients for the types of products and services that we provide. A loss of market share to our competitors could result in financial losses to our business. Our ability to successfully compete is dependent on numerous factors, some
                          of which include the successful implementation of our business strategy, our financial strength, the attractiveness of our products and services, our relationships with distributors, and our reputation. Our ability to compete may
                          also be hindered if our competitors obtain or seek to enforce intellectual property rights against us, or if we are otherwise precluded from offering products or services that are in demand. Our ability to compete may also be
                          hindered if we are not able to protect or enforce our own intellectual property rights.</font> </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:22pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;68&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_60"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zaef9c3932bd94993a64e1ef8c28355dd">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Defaults
                        by Counterparties.<font style="font-style:Normal;"> Third-parties that owe us money, securities, or other assets may not fulfill their obligations to us. These parties may include issuers of investments that we may hold, borrowers
                          under loans that we may hold or extend, counterparties under swap and other derivative contracts and other third-parties (e.g., customers, trading counterparties, brokers, dealers, banks, investment funds, clearing agents,
                          exchanges and clearing houses). In addition, with respect to secured transactions, the risk of default may be exacerbated when the collateral held by us cannot be liquidated or is liquidated at a price that is not sufficient to
                          cover the full amount owed to us. A party may default on its obligations for a variety of reasons, including bankruptcy, lack of liquidity, downturns in the economy or real estate market and operational failure. General economic
                          conditions and trends may also result in increased defaults.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Impairments
                        of Other Financial Institutions.<font style="font-style:Normal;"> We routinely execute transactions with counterparties in the financial services industry, including brokers, dealers, commercial banks, investment banks, insurers,
                          reinsurers and other investment and financial institutions. A disruption to, or decline in the financial condition of, such financial institutions may expose us to financial losses.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Payments
                        through Guaranty Associations.<font style="font-style:Normal;"> When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for
                          funds to pay obligations to policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated
                          to pay. Further, amounts for historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.</font> </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Ineffectiveness of Risk Management Policies.<font style="font-style:Normal;"> Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully
                          effective at mitigating our risk exposure in all market environments or against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.</font>
                      </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Changes in applicable law may negatively affect our financial
                strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are subject to detailed and comprehensive regulation and
                supervision in New York by the New York Department of Financial Services (&#8220;NYDFS&#8221;) in jurisdictions in which we operate. The NYDFS has broad administrative powers with respect to all aspects of the insurance business and, in particular,
                monitors the manner in which an insurance company offers, sells and administers its products. Therefore, we may from time to time be subject to a variety of legal and regulatory actions relating to our current and past business operations
                and practices. Our operations, products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities and self-regulatory authorities including
                state insurance departments, state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue Service, the Department of Labor, and the
                U.S. Commodity Futures Trading Commission.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Changes to federal and state laws and regulations may
                materially affect the way in which we conduct our business. We are faced with significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory
                authorities, have become increasingly active in the regulation of the businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive, roles in interpreting
                and enforcing laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of laws or regulations may
                have on our business, but such changes may negatively affect our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Securities and Exchange Commission has recently adopted
                new rules (i) imposing a &#8220;best interest&#8221; standard of care on broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a
                broker-dealer or investment adviser, as applicable, and its customer. These new rules become effective on June 30, 2020. It is unclear whether or to what extent these rules could affect broker-dealers&#8217; willingness to recommend our
                registered annuity products. These rules could increase our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased risk of regulatory enforcement actions or potentially
                private claims.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The New York State Department of Financial Services (&#8220;DFS&#8221;),
                the regulatory authority for the insurance industry in New York, has adopted revisions to its Insurance Regulation 187, a regulation that imposes suitability requirements on annuity recommendations by producers and insurers subject to New
                York law. Under the amendments to Regulation 187, recommendations of and related to annuity contracts will be subject to a best interest standard and other additional obligations. These revisions became effective for annuity recommendations
                on August 1, 2019.</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
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          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_61"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
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              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In order to comply with the revisions to Regulation 187, we
                may decide to change compensation for financial professionals or otherwise change the sales support for annuities. These changes could have an adverse impact on the level and type of services provided and compliance with Regulation 187
                could also increase our overall operational costs for providing some of the services currently provided. These changes may lead to greater exposure to legal claims in certain circumstances, including an increased risk of DFS-related
                actions.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our reserves could be inadequate due to differences between our
                actual experience and management&#8217;s estimates and assumptions.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish and carry reserves to pay future benefits and
                claims of policyholders. Our reserve are calculated based on a number of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates,
                persistency, claims experience, and policyholder elections (i.e., the exercise or non-exercise of policy benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the
                exercise of significant judgment and reflect evolving information. For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in policyholders
                living longer than anticipated. We periodically review the adequacy of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the
                timing of payment of, actual benefits and claims or whether the assets supporting the policy liabilities will grow to the level assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and
                assumptions, our claim costs could increase significantly and our reserves could be inadequate. If so, we will be required to increase reserves or accelerate amortization of deferred acquisition costs. However, we cannot be certain that our
                reserves will ultimately be sufficient to pay future benefits and claims of policyholders.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The amount of statutory capital that we must hold to meet our
                statutory capital requirements can vary significantly from time to time.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Statutory accounting standards and capital and reserve
                requirements are prescribed by NYDFS and the National Association of Insurance Commissioners. The NYDFS established regulations that govern reserving requirements and provide minimum capitalization requirements based on risk-based capital
                (&#8220;RBC&#8221;) ratios for life insurance companies. In any particular year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory income or losses
                that we generate, changes in reserves, the amount of additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment portfolio,
                changes in interest rates, and changes to existing RBC formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or reserves
                that we must maintain. There can be no assurance that we will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are unable
                to maintain minimum capitalization requirements, our business may be subject to significant increases in supervision and control by the NYDFS.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Litigation and regulatory proceedings may negatively affect our
                financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have been involved in various regulatory investigations
                and examinations, and we may be involved in more in the future. We may also be named as defendants in individual lawsuits in the future. These actions arise in various contexts, including in connection with our activities as an insurer,
                securities issuer, employer, investment adviser, investor and taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory
                authorities involved in regulatory proceedings have substantial power over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may
                negatively affect our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Reinsurance may not be available or affordable, or may not be
                adequate to protect against harm to our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As part of our overall risk management strategy, we purchase
                reinsurance for certain risks underwritten by our various business segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control
                can determine the availability and cost of the reinsurance protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss
                increases, so does the risk that we may not be able to meet our financial obligations.</div>
            </div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
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              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;70&#160;</div>
            </div>
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          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_62"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our hedging programs may be inadequate to protect against harm
                to our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Certain types of insurance and investment products that we
                offer expose us to risks associated with fluctuations in financial markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated
                policyholder behavior may increase the cost of these hedges and/or negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging
                programs may be inadequate to protect us against the full extent of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Downgrades and potential downgrades to our claims-paying and
                financial strength ratings may signal a higher risk that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our claims-paying and financial strength ratings, which
                various ratings organizations publish as measures of an insurance company's ability to meet policyholder obligations, are important to maintaining public confidence in Allianz Life of New York and our products, and the ability to market our
                products and services. A downgrade or an announced potential downgrade in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial obligations. Any such downgrade or
                potential downgrade may itself harm our financial strength and claims-paying ability by causing financial losses to our business. Such losses may be the result of:</div>
              <div>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reductions
                        in new sales of insurance products, annuities and other investment products; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">increases
                        in our cost of capital or limitations on our access to sources of capital; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">harm
                        to our relationships with distributors and sales specialists; </td>
                    </tr>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">material
                        increases in the number or amount of surrenders and withdrawals under our insurance products; </td>
                    </tr>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">pressure
                        on us to reduce prices or increase crediting rates for many of our insurance products; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Similarly, downgrades or announced potential downgrades in
                the financial strength ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Risks Primarily
                  Related to Our Business Operations</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Breaches of security, or interference with our technology
                infrastructure, could harm our business.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our business relies on technology systems and networks,
                including systems and networks managed by third parties to process, transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to
                certain federal and state regulations that require us to establish and maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business
                operations, including the retention of clients, and to the protection of our clients&#8217; personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter
                and address such threats, including an increasing frequency of phishing scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur
                could have a material adverse impact on our business operations and our financial condition.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have implemented and maintain security measures designed
                to protect against breaches of security and other interference with systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the
                provision of services to us, are provided with or process information pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile
                computing, may also require corresponding changes in our systems, networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on
                such systems and networks, both generally and in the financial services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and
                government and regulatory oversight of associated risks, continue to evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.</div>
            </div>
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              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;71&#160;</div>
            </div>
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          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_63"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Despite the measures we have taken and may in the future take
                to address and mitigate these risks, we cannot ensure that our systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or
                loss of our proprietary information or our clients&#8217; personal information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure,
                the loss of clients or other damage to our business. Any such event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward
                broad consumer and general public notification of such incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of
                sensitive data, we may incur significant expenses in responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security
                breaches are publicized. We cannot be certain that advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate
                access, or other developments will not compromise or breach the technology or other security measures protecting our networks and systems used in connection with our products and services.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The failure to protect our clients&#8217; confidential information
                and privacy could adversely affect our business.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A number of our businesses are subject to privacy regulations
                and confidentiality obligations, including the Gramm-Leach-Bliley Act and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients.
                These obligations generally include protecting such confidential information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business
                segment and may include, among other things:</div>
              <div>
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                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">training
                        and educating our employees regarding our obligations relating to confidential information; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">monitoring
                        changes in state or federal privacy and compliance requirements; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">drafting
                        appropriate contractual provisions into any contract that raises proprietary and confidentiality issues; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">maintaining
                        secure storage facilities for tangible records; </td>
                    </tr>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">limiting
                        access to electronic information; and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">in the event of a security breach, providing credit monitoring or other services to affected customers. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, we must develop, implement and maintain a
                comprehensive written information security program with appropriate administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential
                information, we could experience adverse consequences, including regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company&#8217;s
                reputation and business results.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Protection from system interruptions and operating errors is
                important to our business. If we were to experience a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Operating errors and system or network interruptions could
                delay and disrupt our ability to develop, deliver or maintain our products and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may
                also interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or
                malfeasance, interference by third parties (including hackers and other cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and
                facilities may fail to operate or report data properly, experience connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process
                transactions or provide products and services to customers. The cause of these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of
                internal or vendor software or systems and other events beyond our control.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In addition, we rely on third party service providers and
                vendors for certain communications, technology and business functions and face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination
                or capacity constraints of any of the clearing agents, exchanges, clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and
                distribution activities. These risks are heightened by the evolution in the financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;72&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_64"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">risk management or investment or by financial management strategies. Any such
                failure, termination or constraint could adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The occurrence of natural or man-made disasters and
                catastrophes could adversely affect our business operations and our business results.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The occurrence of natural or man-made disasters and
                catastrophes, including acts of terrorism, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster
                recovery systems, or a support failure from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and
                retrieval systems or destroy data. Such disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such
                disasters and catastrophes may also impact us indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Inadequate or failed processes or systems, human factors or
                external events may adversely affect our profitability, reputation or operational effectiveness.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Operational risk is inherent in our business and can manifest
                itself in various ways, including business interruption, poor vendor performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, and external fraud. These events can potentially result
                in financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
                characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions
                and incur losses from time to time due to these types or risks.</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">13.<font style="text-transform:uppercase;">&#160;&#160;Financial

                  Statements</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The financial statements of the subaccounts of Allianz Life
                of NY Variable Account C as of and for the years or periods ended December 31, 2019 and 2018, included or incorporated by reference in Part C of the Registration Statement filed with the SEC on Form N-4 have been audited by
                PricewaterhouseCoopers LLP (&#8220;PwC&#8221;), an independent registered public accounting firm, as set forth in their respective report thereon appearing elsewhere herein, and in reliance upon such report given on the authority of such firm as
                experts in accounting and auditing.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory statements of admitted assets, liabilities, and
                capital and surplus of Allianz Life Insurance Company of New York as of December 31, 2019 and 2018, as well as the related statutory statements of operations, capital and surplus and cash flow for the years ended December 31, 2019 and 2018,
                included in Appendix G of this prospectus, have been audited by PwC, an independent auditor, as set forth in their respective report thereon appearing elsewhere herein, and in reliance upon such report given on the authority of said firm as
                experts in accounting and auditing.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory statements of operations, capital and surplus
                and cash flow for the year ended December 31, 2017 included in Appendix G of this prospectus, have been audited by KPMG LLP (&#8220;KPMG&#8221;), an independent auditor, as set forth in their respective report thereon appearing elsewhere herein, and in
                reliance upon such report given on the authority of said firm as experts in accounting and auditing.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Auditor Update</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">European regulations that go into effect in 2021 required
                Allianz SE, Allianz Life of NY&#8217;s indirect parent, to change auditors. Allianz Life of NY conducted a &#8220;request for proposal&#8221; process with three major accounting firms for the annual independent audits of Allianz Life of NY and its registered
                variable account.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On October 24, 2017, Allianz Life of NY&#8217;s Board of Directors
                approved a decision to change independent auditors. On the same day, the Board appointed PwC as Allianz Life of NY&#8217;s new independent audit firm to audit Allianz Life of NY&#8217;s statutory financial statements and as Allianz Life of NY&#8217;s new
                independent registered public accounting firm to audit the variable account financial statements beginning for the fiscal year 2018.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">After the issuance of the audits report for the period ended
                December 31, 2017, the Allianz Life of NY Board of Directors dismissed KPMG as its independent auditors for the statutory financial statements and as its independent registered public</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;73&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_65"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">accounting firm for the U.S. GAAP variable account financial statements. The
                reports of KPMG on Allianz Life of NY&#8217;s statutory financial statements for 2017 contained an opinion stating that in all material respects, the statutory financials were in accordance with statutory accounting practices prescribed or
                permitted by the New York State Department of Financial Services and were not qualified or modified as to uncertainty, audit scope or statutory accounting principles.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For the 2017 fiscal year or any subsequent interim periods
                through the dates of KPMG&#8217;s 2017 reports on Allianz Life of NY&#8217;s statutory financial statements, there were: (i) no disagreements between Allianz Life of NY and KPMG on any matter of accounting principles or practices, financial statement
                disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of KPMG, would have caused KPMG to make reference to the subject matter of the disagreements in connection with its reports, and (ii) no
                reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of NY provided KPMG with a copy of this
                disclosure, or similar disclosure, before its first filing with the SEC in 2018 and requested that KPMG provide us with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of this letter is filed
                as Exhibit 99 to Allianz Life of NY&#8217;s registration statement numbers 333-217304, 333-213126 and 333-215104 on Form S-1.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Prior to engaging PwC&#8217;s engagement, which began in 2019, we
                did not consult with PwC regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Allianz Life of NY&#8217;s statutory and variable
                account financial statements, and PwC did not provide either a written report or oral advice to Allianz Life of NY that was an important factor considered by Allianz Life of NY in reaching a decision as to any accounting, auditing, or
                financial reporting issue, or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as defined in Item 304(a)(1)(v) of
                Regulation S-K).</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">14.<font style="text-transform:uppercase;">&#160;&#160;Privacy

                  Notice</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of New York<br>
                Home Office: New York, NY<br>
                Administrative Office<br>
                5701 Golden Hills Drive<br>
                Minneapolis, MN 55416-1297<br>
                800.950.5872<br>
                https://www.allianzlife.com/new-york</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your privacy is a high priority for Allianz Life Insurance
                Company of New York (Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of NY). This Privacy Notice outlines our principles for collecting, using and protecting information that we
                maintain about you. This Privacy Notice is also displayed on our website at www.allianzlife.com/new-york.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Information about you that Allianz Life of NY collects</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We collect information about you so that we can process the
                insurance transactions you request and administer or service your policy. We also collect information to inform you of new products and services and to engage in studies or research relating to our business. We limit the information
                collected to what is needed for our business purposes. We may collect your information from the following sources.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zb69105129776411587c8adccfe056e93">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">From
                        you, either directly or through our financial professionals. This may include information provided on your insurance application or other forms you may complete. The information we collect includes, but is not limited to, your name,
                        social security number, address, telephone number and e-mail address. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">From
                        others, through the process of issuing a policy or handling a claim. This may include information from consumer reporting agencies and medical or accident reports. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">From
                        your doctor or during a home visit by a health care professional. This may include your health records gathered with your written consent. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">From
                        your relationship with us. For example, this may include the number of years you have been a customer or the types of products you have purchased. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">From data brokers that collect publicly available information about you. This includes household information, financial transactions, and social media activity. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:9pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;74&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_66"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Information about you that Allianz Life of NY shares</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not share information about current or former customers
                with anyone, except as allowed by law. &#8220;Allowed by law&#8221; means that we may share the information we collect about you as follows.</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z73f56e32d88c43718ef44bcb18b4afac">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        people and entities when we have your consent to share your information. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        our affiliates and other third parties in order to process your application, or administer or service your policy. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        consumer reporting agencies to obtain a medical report, credit report, or motor vehicle report. These reports are used to decide eligibility for a policy or to process transactions you request. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        our financial professionals so that they can service your policy. They may also inform you of other Allianz Life of NY products and services that may be of interest to you. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        health care providers in order to process your claim. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">As
                        required or otherwise permitted by law. This may include sharing information with state insurance agencies, law enforcement, and other government officials. We may also share your information to respond to subpoenas, court orders
                        and other legal requests. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">With
                        research groups to conduct studies on our business to improve the products and services we offer. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">To
                        inform you of products and services that may be of interest to you. These communications may be made by us, our financial professionals, or through third parties. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">With our affiliates so they can market their products and services to you. State insurance laws do not allow you to restrict this disclosure. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Allianz Life of NY does not sell your information to anyone</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not sell your information to anyone for their own
                marketing purposes. For this reason, we are not required to obtain your &#8220;opt in election,&#8221; &#8220;opt out election&#8221; or authorization.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of NY policies and practices regarding security of
                your information</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We limit access to your information to those employees,
                affiliates, and service providers who need it for our business purposes. We protect your information using safeguards that comply with applicable federal and state law. This includes measures that are administrative, physical, and technical
                in nature. We use reasonable measures to secure our websites and protect the information that may be shared over these sites.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your ability to access and correct your information</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You have the right to access and obtain a copy of your
                information. This does not include the right to access and copy your information related to a claim or civil or criminal proceeding. You may also write to us and ask about disclosure(s) of your information made within the last two (2)
                years. If you wish to review your information, please write us at:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of New York<br>
                Attn: Privacy Office<br>
                PO Box 1344<br>
                Minneapolis, MN 55440-1344</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Please provide your full name, address and policy number(s)
                in your written request. For your protection, please have your request notarized. We reserve the right to ask for additional verification of your identity.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Within 30 working days of our receipt of your written
                request, you may see and get a copy of your information in person. If you prefer, we will send you a copy of your information. If medical information is contained in your file, we may request that you name a medical professional to whom we
                will send your information.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you believe any of your information is incorrect, you may
                write to us at the address above. Within 30 working days, we will let you know if our review has resulted in a correction of your information. If we do not agree there is an error, you may file a statement disputing our finding. We will
                attach the statement to your file. We will send any corrections we make, or your statement, to anyone we shared your information with over the past two years, and to anyone who may receive your information from us in the future. We do not
                control the information about you obtained from a consumer reporting agency or a Department of Motor Vehicles. We will provide you with the names and addresses of these agencies so you can contact them directly.</div>
            </div>
            <div style="margin-top:14pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;75&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f7d8855a-293d-4d8e-a067-19a772794dc6_67"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Notification of change</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your trust is one of our most important assets. If we revise
                our privacy practices in the future, we will notify you prior to implementing any changes.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For more information or if you have questions</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you have any questions or concerns about our privacy
                practices, please call the Corporate Compliance Privacy Office at 800.328.5600, write us at the address above, or contact us via the secured website.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-align: right; text-decoration: none; text-transform: none;">M40018-NY (R-09/2019)</div>
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">15.<font style="text-transform:uppercase;">&#160;&#160;Table

                  of Contents of the Form N-4 SAI</font></div>
            </div>
            <div style="float:left;overflow:hidden;position:relative;width:48.40%;" type="Block">
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" id="z292c700af7964a799382f63bcd669dd3">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Allianz Life as Custodian</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Legal Opinions</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:94.91%;">
                        <div style="float:left;">Distributor</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Administrative Service Fees</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Federal Tax Status</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Annuity Contracts in General</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Taxation of Annuities in General</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Qualified Contracts</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Purchasing a Qualified Contract</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">6 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Distributions-Qualified Contracts</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">6 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Distributions-Non-Qualified Contracts</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Required Distributions</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:94.91%;">
                        <div style="float:left;">Diversification</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Owner Control</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Contracts Owned by Non-Individuals</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Annuity Purchases by Nonresident Aliens and Foreign Corporations</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="float:right;overflow:hidden;position:relative;width:48.40%;" type="Block">
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" id="z9e335bc887294bdf97d37415b786016a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Income Tax Withholding</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Multiple Contracts</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Partial 1035 Exchanges</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Assignments, Pledges and Gratuitous Transfers</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Death Benefits</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Spousal Continuation and the Federal Defense of Marriage Act (DOMA)</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Federal Estate Taxes</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">12 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Generation-Skipping Transfer Tax</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">12 </td>
                    </tr>
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                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Foreign Tax Credits</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">12 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Possible Tax Law Changes</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">12 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Annuity Payments</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">13 </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Annuity Payment Options</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">13 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                        <div style="float:left;">Appendix &#8211; Death of the Owner and/or Annuitant</div>
                        <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">14 </td>
                    </tr>

                </table>
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              <div style="clear:both;padding-top:306pt;width:100%;" type="Block">
                <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
                <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              </div>
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            <div style="padding-top:4pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;76&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix A &#8211; Available Indexes</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is comprised of 500 stocks representing major U.S. industrial sectors.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> is a registered trademark of Standard &amp; Poor&#8217;s Financial Services LLC (&#8220;S&amp;P&#8221;). This trademark has been licensed for use by S&amp;P Dow
                Jones Indices LLC. S&amp;P marks are trademarks of S&amp;P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of New York (&#8220;Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of NY&#8221;). The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index (&#8220;the Index&#8221;) is
                a product of S&amp;P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Allianz Life of NY.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life of NY products are not sponsored, endorsed,
                sold, or promoted by S&amp;P Dow Jones Indices LLC, Dow Jones, S&amp;P, or any of their respective affiliates (collectively, &#8220;S&amp;P Dow Jones Indices&#8221;). S&amp;P Dow Jones Indices make no representation or warranty, express or implied, to
                the owners of the Allianz Life of NY products or any member of the public regarding the advisability of investments generally or in Allianz Life of NY products particularly or the ability of the Index and Average to track general market
                performance. S&amp;P Dow Jones Indices&#8217; only relationship to Allianz Life of NY with respect to the Index and Average is the licensing of the Index and Average and certain trademarks, service marks, and/or trade names of S&amp;P Dow Jones
                Indices and/or its third-party licensors. The Index and Average are determined, composed, and calculated by S&amp;P Dow Jones Indices without regard to Allianz Life of NY or the products. S&amp;P Dow Jones Indices have no obligation to take
                the needs of Allianz Life of NY or the owners of the products into consideration in determining, composing, or calculating the Index and Average. S&amp;P Dow Jones Indices are not responsible for and have not participated in the design,
                development, pricing, and operation of the products, including the calculation of any interest payments or any other values credited to the products. S&amp;P Dow Jones Indices have no obligation or liability in connection with the
                administration, marketing, or trading of products. There is no assurance that investment products based on the Index and Average will accurately track index performance or provide positive investment returns. S&amp;P Dow Jones Indices LLC
                and its subsidiaries are not investment advisors. Inclusion of a security or futures contract within an index is not a recommendation by S&amp;P Dow Jones Indices to buy, sell, or hold such security or futures contract, nor is it considered
                to be investment advice. Notwithstanding the foregoing, CME Group Inc. and its affiliates may independently issue and/or sponsor financial products unrelated to products currently being issued by Allianz Life of NY, but which may be similar
                to and competitive with Allianz Life of NY products. In addition, CME Group Inc., an indirect minority owner of S&amp;P Dow Jones Indices LLC, and its affiliates may trade financial products which are linked to the performance of the Index
                and Average. It is possible that this trading activity will affect the value of the products.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P DOW JONES INDICES DO NOT GUARANTEE THE ADEQUACY,
                ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE INDEX AND AVERAGE OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.
                S&amp;P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&amp;P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES, OF
                MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ LIFE OF NY, OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX AND AVERAGE OR WITH RESPECT TO ANY DATA
                RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&amp;P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF
                PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR
                ARRANGEMENTS BETWEEN S&amp;P DOW JONES INDICES AND ALLIANZ LIFE OF NY OTHER THAN THE LICENSORS OF S&amp;P DOW JONES INDICES.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Russell 2000<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks
                do not affect the performance and characteristics of the true small-cap index.</div>
            </div>
            <div style="margin-top:16pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;77&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index (the &#8220;Index&#8221;) is a trademark of Frank Russell Company (&#8220;Russell&#8221;) and has been licensed for use by Allianz Life Insurance Company of New
                York (&#8220;Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of NY&#8221;). Allianz Life of NY products are not in any way sponsored, endorsed, sold or promoted by Russell or the London
                Stock Exchange Group companies (&#8220;LSEG&#8221;) (together the &#8220;Licensor Parties&#8221;) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be
                obtained from the use of the Index (upon which the Allianz Life of NY product is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index
                for the purpose to which it is being put in connection with the Allianz Life of NY product. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to Allianz
                Life of NY or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to
                advise any person of any error therein.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Nasdaq-100<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The NASDAQ-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> based on market capitalization.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Product(s) is not sponsored, endorsed, sold or promoted
                by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the &#8220;Corporations&#8221;). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating
                to, the Product(s). The Corporations make no representation or warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s)
                particularly, or the ability of the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> to track general stock market performance. The Corporations' only relationship to Allianz
                Life Insurance Company of New York (&#8220;Licensee&#8221;) is in the licensing of the NASDAQ<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, and Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs
                of the Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>. The
                Corporations are not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is
                to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR
                UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO
                RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA
                INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS
                OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">EURO STOXX 50<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers
                50 stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">STOXX Limited, Deutsche B&#246;rse Group and their licensors,
                research partners or data providers have no relationship to Allianz Life Insurance Company of New York (&#8220;Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> of NY&#8221;), other than the
                licensing of the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> and the related trademarks for use in connection with Allianz Life of NY products.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">STOXX, Deutsche B&#246;rse Group and their licensors, research
                partners or data providers do <font style="text-decoration:underline;">not</font>:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z3bc31a2a865b4e5888d6b13e749ef34b">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">sponsor,
                        endorse, sell or promote Allianz Life of NY products. </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">recommend
                        that any person invest in Allianz Life of NY products or any other securities. </td>
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                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">have any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz Life of NY products. </td>
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                </table>
              </div>
            </div>
            <div style="margin-top:16pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;78&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="e59aaa52-34f6-4816-9f0c-3e2c18b5fd59_3"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z91b5dc57ef6442cd80a2716a600daa6f">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">have
                        any responsibility or liability for the administration, management or marketing of Allianz Life of NY products. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">consider the needs of Allianz Life of NY products or the owners of Allianz Life of NY products in determining, composing or calculating the EURO STOXX 50 or have any obligation to do so. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">STOXX, Deutsche B&#246;rse Group and their licensors, research
                partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Allianz Life of NY products or their performance.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">STOXX does not assume any contractual relationship with the
                purchasers of Allianz Life of NY products or any other third parties.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Specifically,</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0461000c4a774a409f1c28675f34ba5f">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">STOXX,
                        Deutsche B&#246;rse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about: </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        results to be obtained by Allianz Life of NY products, the owner of Allianz Life of NY products or any other person in connection with the use of the EURO STOXX 50 and the data included in the EURO STOXX 50; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        accuracy, timeliness, and completeness of the EURO STOXX 50 and its data; </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        merchantability and the fitness for a particular purpose or use of the EURO STOXX 50 and its data; </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                        performance of Allianz Life of NY products generally; </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">STOXX,
                        Deutsche B&#246;rse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX 50 or its data; </td>
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                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Under no circumstances will STOXX, Deutsche B&#246;rse Group or their licensors, research partners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect,
                        punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the EURO STOXX 50 or its data or generally in relation to Allianz Life of NY products, even in circumstances
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              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The licensing Agreement between Allianz Life of NY and STOXX
                is solely for their benefit and not for the benefit of the owners of Allianz Life of NY products or any other third parties.</div>
            </div>
            <div style="margin-top:323pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;79&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="4a6214d2-d8e6-4947-b071-e05dac3cb8f1_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix B &#8211; Daily Adjustment</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Generally</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">We designed the Daily Adjustment to provide an Index Option
                Value on Business Days other than the Index Effective Date or an Index Anniversary. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the
                future Performance Credit that we will apply on the next Index Anniversary. The Daily Adjustment takes into account:</div>
              <div>
                <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.02%;margin-top:3pt;width:97.98%;" id="z92ab5c6bd2ec4699be983b9a1ab6acb2">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.13%;">(i) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:95.87%;">any
                        Index gains during the Index Year subject to the Cap, </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.13%;">(ii) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:95.87%;">any
                        Index losses greater than the Buffer, and </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:4.13%;">(iii) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:95.87%;">the number of days until the next Index Anniversary. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment formula has two primary components, (i)
                the change in Proxy Value and (ii) accumulated proxy interest, which are added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credits
                that will be available on the next Index Anniversary taking into account any applicable Cap or Buffer. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may be negative because of other
                market conditions, such as the expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the or Buffer.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment Formula</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The formula for the calculation of the Daily Adjustment is as
                follows:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment = [(a) change in Proxy Value + (b) proxy
                interest] x Index Option Base</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Where:</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="z3d6c7ce5b3a441d382c74c217105a81e">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">(a) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">change
                        in Proxy Value = (current Proxy Value &#8211; beginning Proxy Value) </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">(b) </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">proxy
                        interest = beginning Proxy Value x (1 &#8211; time remaining during the Index Year) </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Calculating Change in Proxy Value</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The change in Proxy Value represents the current hypothetical
                value of the Proxy Investment (current Proxy Value), less the cost of the Proxy Investment at the beginning of the Index Year (beginning Proxy Value).</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current Proxy Value is the Proxy Value calculated on the
                same day as the Daily Adjustment. The beginning Proxy Value is the Proxy Value calculated on the first day of the current Index Year.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Proxy Value tracks three hypothetical derivative
                investments (call and put options) that we designed to mimic the market value of your allocation to an Index Performance Strategy or an Index Protection NY Strategy Index Option. We calculate a Proxy Value for each of your selected Index
                Options.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Proxy Value involves tracking three hypothetical
                derivatives and is calculated using the following formula:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 2pt; padding-left: 2.83%; text-decoration: none; text-transform: none;">Proxy Value = (at-the-money call) &#8211;
                (out-of-the-money call) &#8211; (out-of-the-money put)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to our Proxy Value formula, we designed the
                at-the-money call and out-of-the-money call to value the potential for Index gains up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the Buffer . It is important to note that the
                out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the last&#160;Index Anniversary. This is because the risk that the Index Value could be
                lower on the next Index Anniversary is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the last&#160;Index Anniversary.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Calculating Proxy Interest</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The proxy interest is an amount of interest that is earned to
                provide compensation for the cost of the Proxy Investment at the beginning of the Index Year. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Index Year to zero. The formula for proxy
                interest involves the calculation of (i) the beginning Proxy Value and (ii) the time remaining during an Index Year. The time remaining during an Index Year is equal to the number of days remaining in the Index Year divided by 365. The
                proxy interest may be significantly different from current interest rates available on interest bearing investments.</div>
            </div>
            <div style="margin-top:20pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix B</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;80&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="4a6214d2-d8e6-4947-b071-e05dac3cb8f1_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Additional Information</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">You can find a more detailed explanation of the calculation
                of the Proxy Value, including examples, at Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of
                this Exhibit by calling (800) 624-0197, or visiting our website at www.allianzlife.com/new-york.</div>
            </div>
            <div style="margin-top:608pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix B</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;81&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="cd237469-cff0-42b2-83fc-7fdf279e2827_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix C &#8211; Historical Buffers and Initial and
                Renewal Caps</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">[Appendix C to be updated by amendment prior to effectiveness]</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This information regarding the Buffers and initial and
                renewal Caps is for historical purposes only; it is not a representation as to future Buffers or Caps. Caps may change frequently, and may vary substantially based on market conditions.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Index Protection NY Strategy</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z31c0c24e7a9e4a36957020b66f092919">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Index Protection NY Strategy first became available to newly issued Contracts on August 24, 2015. It is not available to Contracts issued before August 24,
                        2015, or that have a Contract number starting with GAZ. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
                offered for Index Effective Date periods occurring within each calendar year during August 24, 2015 (the date the Index Protection NY Strategy was first available) through January 6, 2020. During the periods shown below, the Buffer was
                30.00% for each Index.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/24/2015 &#8211; 1/4/2016</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z7c0c9bd6d45c4dc0b157cee74d75398a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">3.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">6.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">6.25% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">7.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">3rd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">8.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">4th Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">9.25% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/5/2016 &#8211; 1/2/2017</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zba658fe40ac44b5daf4c5fc5dac9dcfe">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">6.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">7.25% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">9.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">3rd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">10.00% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/3/2017 &#8211; 1/2/2018</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z30cb3de0657a4f1c969e1e32e3abbdb1">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">7.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">10.00% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">10.25% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/3/2018 &#8211; 1/1/2019</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z23fde00a0b7147c1b42bec1cdfc82d9d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">15.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">7.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">12.75% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z6e3ac8c119b3489b9289829f433f8813">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">8.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">6.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">9.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">17.75% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z022bb839923e4918974b0965c2c2665a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Index Performance Strategy with the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> first
                        became available to newly issued Contracts on August 24, 2015. It is not available issued before August 24, 2015, or that have a Contract number starting with GAZ. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:48pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;margin-top:14pt;text-align:center;text-decoration:none;text-transform:none;">&#160;82&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="cd237469-cff0-42b2-83fc-7fdf279e2827_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
                offered for Index Effective Date periods occurring within each calendar year during July 1, 2014 (the date the Contracts were first issued), through January 6, 2020. During the periods shown below, the Buffer was 10.00% for each Index.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 7/1/2014 &#8211; 1/5/2015</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:81.13%;" id="ze9b610a2c3754a66b8af3fdeb97456d0">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:25.70%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.98%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.85%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.85%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:25.70%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.05%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.93%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.92%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.92%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.92%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.92%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">12.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">14.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">15.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">13.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">17.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">9.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">15.25% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">16.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">13.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">3rd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">14.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">10.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">11.00% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">4th Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">13.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">14.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.70%;">5th Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.05%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.93%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">12.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">14.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.92%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.92%;">14.25% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/6/2015 &#8211; 1/4/2016</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="za6417b77cb56464fa2c2410773256476">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">9.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">17.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">18.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">16.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup> </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">22.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">25.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">3rd Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup> </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">24.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">25.00% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">4th Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">5</sup> </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">25.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">26.50% </td>
                    </tr>

                </table>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z1b859c38b0d14b2cad176ae6f96c6590">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                        initial Caps for the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are for a partial period of August 24, 2015 through January 4, 2016. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">2 </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                        1st Anniversary Renewal Caps for the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are for a partial period of August 24, 2016 through January 4, 2017. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">3 </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                        2nd Anniversary Renewal Caps for the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are for a partial period of August 24, 2017 through January 4, 2018. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">4 </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                        3rd Anniversary Renewal Caps for the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are for a partial period of August 24, 2018 through January 4, 2019. </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">5 </td>
                      <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                        4th Anniversary Renewal Caps for the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are for a partial period of August 24, 2019 through January 4, 2020. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/5/2016 &#8211; 1/2/2017</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z09cdeeb4207e49afb7295f1be68de65c">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">18.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">18.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">25.00% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">24.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">28.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">3rd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">25.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">28.00% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/3/2017 &#8211; 1/2/2018</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z11033464b9f2407091033a6b5ad65a58">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">18.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">25.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">24.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">31.00% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">18.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">25.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">31.00% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/3/2018 &#8211; 1/1/2019</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="ze9ba91baebd144a4b804de3e60cae129">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">24.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">28.00% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">12.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">12.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">16.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">26.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">28.00% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zb4599ed1a1204224a4695cc9e4102529">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.49%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:17.38%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                        Index </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.40%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.79%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Highest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.69%;">Lowest </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.70%;">Highest </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.79%;">14.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">15.00% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">17.75% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">14.25% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">18.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.69%;">26.50% </td>
                      <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.70%;">29.00% </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:83pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;margin-top:14pt;text-align:center;text-decoration:none;text-transform:none;">&#160;83&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="dee929be-a8e9-4895-8956-65538375ab99_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix D &#8211; Historical Index Option Performance
                Information</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The following historical information, based on historical
                Caps and Buffers, show how actual movements in the external Index Returns impacted actual Performance Credits. They show the lowest and highest actual annual Index Returns for each time period, and the corresponding Performance Credits
                received for these Index Returns. No single Crediting Method or Index Option consistently delivers the most return under all market conditions. Past performance does not guaranteed future results. This historical information shows the
                returns for Contracts with Index Effective Date periods occurring within the first year that each Crediting Method was available using the S&amp; P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                Index. You can obtain more historical information for other time periods and other Index Options by contacting your Financial Professional.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">INDEX PROTECTION NY STRATEGY WITH THE S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> INDEX</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z62dedeb46a724fa981579931743fe03d">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Index Protection NY Strategy was not available before August 24, 2015. The Buffer was 30% for all time periods. It is not available to Contracts issued
                        before August 24, 2015 or that have a Contract number starting with GAZ. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="z0d19598dce7e4e2f8fac4ddb56f99b0c">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/24/2015-<br>
                        8/28/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/1/2015-<br>
                        10/5/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/6/2015-<br>
                        11/2/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/3/2015-<br>
                        11/30/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/1/2015-<br>
                        1/4/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/5/2016-<br>
                        2/1/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/2/2016-<br>
                        2/29/2016 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">5.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.63% to<br>
                        16.32% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.21% to<br>
                        15.39% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.29% to<br>
                        9.13% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.00% to<br>
                        6.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">4.21% to<br>
                        12.82% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">12.51% to<br>
                        22.44% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">19.69% to<br>
                        27.29% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        5.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">4.21% to<br>
                        5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">5.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">4.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">12.10% to<br>
                        12.69% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">12.76% to<br>
                        18.17% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.61% to<br>
                        22.97% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.47% to<br>
                        24.26% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.65% to<br>
                        20.59% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.67% to<br>
                        25.11% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">12.48% to<br>
                        21.10% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">4.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">4.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.86% to<br>
                        18.57% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.07% to<br>
                        17.16% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">2.33% to<br>
                        13.35% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">1.37% to<br>
                        7.60% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-12.38% to<br>
                        5.72% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-7.97% to<br>
                        -4.09% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">-1.35% to<br>
                        4.92% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">3rd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">2.33% to<br>
                        4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">1.37% to<br>
                        4.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        5.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">0% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:10.74%;">0% to<br>
                        4.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">3rd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:8.74%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">4th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                        0.13% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                        4.05% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.30% to<br>
                        15.08% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">11.00% to<br>
                        19.03% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">10.85% to<br>
                        37.13% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.74%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">4th Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        0.13% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        4.05% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.30% to<br>
                        5.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.74%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="zf2805478a37c41a7a29c00b3bf502471">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/1/2016-<br>
                        4/4/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/5/2016-<br>
                        5/2/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/3/2016-<br>
                        6/6/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/7/2016-<br>
                        7/4/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/5/2016-<br>
                        8/1/2016 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/2/2016-<br>
                        9/5/2016 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">5.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">13.80% to<br>
                        21.11% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">11.30% to<br>
                        15.36% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">15.09% to<br>
                        17.38% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">14.85% to<br>
                        20.94% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">13.49% to<br>
                        16.47% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">10.91% to<br>
                        14.86% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">5.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">4.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">9.46% to<br>
                        17.83% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">10.23% to<br>
                        15.65% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">10.12% to<br>
                        15.40% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">11.29% to<br>
                        14.51% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">12.50% to<br>
                        14.89% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.11% to<br>
                        18.57% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">2nd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">4.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">5.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.12% to<br>
                        11.05% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">7.25% to<br>
                        11.18% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.09% to<br>
                        12.01% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.72% to<br>
                        10.42% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.98% to<br>
                        9.27% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">-0.63% to<br>
                        3.71% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">3rd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        6.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">3.72% to<br>
                        5.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">4.98% to<br>
                        5.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.95%;">0% to<br>
                        3.71% </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z87644ee52c87483d827f4222ddbef91a">

                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Buffer was 10% for all time periods. </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:83pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;84&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="dee929be-a8e9-4895-8956-65538375ab99_2"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="za944464f5f754e6cadfccc2bff7014df">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">7/1/2014-<br>
                        8/4/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/5/2014-<br>
                        9/1/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/2/2014-<br>
                        10/6/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/7/2014-<br>
                        11/3/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/4/2014-<br>
                        12/1/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/2/2014-<br>
                        1/5/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">1/6/2015-<br>
                        2/2/2015 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">11.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">3.98% to<br>
                        8.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-6.52% to<br>
                        9.35% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-5.10% to<br>
                        0.97% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">2.26% to<br>
                        9.15% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.80% to<br>
                        4.48% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-2.70% to<br>
                        5.09% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">-8.52% to<br>
                        -0.62% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">3.98% to<br>
                        8.98% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        9.35% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        0.97% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">2.26% to<br>
                        9.15% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        4.48% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        5.09% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">0% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.80% to<br>
                        4.88% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">3.65% to<br>
                        16.32% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.21% to<br>
                        14.05% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.00% to<br>
                        7.91% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.81% to<br>
                        6.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">5.40% to<br>
                        12.81% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">14.41% to<br>
                        22.16% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.80% to<br>
                        4.88% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">3.65% to<br>
                        10.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">7.21% to<br>
                        10.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        7.91% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        6.98% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">5.40% to<br>
                        12.81% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">10.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.49% to<br>
                        15.60% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">10.91% to<br>
                        14.08% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">12.75% to<br>
                        17.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.61% to<br>
                        23.90% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.47% to<br>
                        24.26% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">17.72% to<br>
                        20.90% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">20.67% to<br>
                        25.34% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">3rd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">10.91% to<br>
                        13.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">10.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">3rd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">9.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">4th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">11.70% to<br>
                        15.09% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.35% to<br>
                        18.57% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.14% to<br>
                        17.53% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">2.33% to<br>
                        13.35% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">1.96% to<br>
                        8.62% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-12.38% to<br>
                        5.72% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">-7.97% to<br>
                        -1.35% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">4th Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">2.33% to<br>
                        9.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">1.96% to<br>
                        8.62% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">-2.38% to<br>
                        5.72% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">0% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">4th Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">5th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.20% to<br>
                        10.42% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                        3.70% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                        4.18% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.30% to<br>
                        15.08% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                        17.66% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">10.85% to<br>
                        37.13% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">5th Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        10.42% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        3.70% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                        4.18% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.30% to<br>
                        10.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                        10.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">10.85% to<br>
                        12.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                    </tr>

                </table>
              </div>
              <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:79.43%;" id="z1b4ba81ebd514d07ac9cfbf9620d69e0">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:29.35%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.58%;">2/3/2015-<br>
                        3/2/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.58%;">3/3/2015-<br>
                        4/6/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.58%;">4/7/2015-<br>
                        5/4/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.58%;">5/5/2015-<br>
                        6/1/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.58%;">6/2/2015-<br>
                        7/6/2015 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">10.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">-11.58% to<br>
                        -6.17% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">-5.43% to<br>
                        0.64% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">-3.00% to<br>
                        0.63% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">-4.13% to<br>
                        -0.59% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:13.58%;">-4.84% to<br>
                        1.92% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:29.35%;">1st Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">-1.58% to<br>
                        0.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">0% to<br>
                        0.64% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">0% to<br>
                        0.63% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">0% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:13.58%;">0% to<br>
                        1.92% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">19.69% to<br>
                        27.29% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">13.80% to<br>
                        19.55% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">11.82% to<br>
                        16.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">15.09% to<br>
                        17.38% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:13.58%;">14.76% to<br>
                        21.92% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:29.35%;">2nd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">13.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">13.80% to<br>
                        15.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">11.82% to<br>
                        15.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">13.75% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">10.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">12.99% to<br>
                        17.56% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">9.46% to<br>
                        17.83% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">10.86% to<br>
                        15.21% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">11.36% to<br>
                        14.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:13.58%;">11.40% to<br>
                        14.71% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:29.35%;">3rd Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">10.25% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">9.46% to<br>
                        12.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">10.86% to<br>
                        12.00% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">10.50% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">10.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">3rd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.58%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.58%;">11.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:29.35%;">4th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">0.51% to<br>
                        3.77% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">-0.12% to<br>
                        11.18% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">7.17% to<br>
                        11.14% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.58%;">0.36% to<br>
                        9.72% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:13.58%;">-0.09% to<br>
                        10.42% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:29.35%;">4th Index Anniversary Credit </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">0.51% to<br>
                        3.77% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">0% to<br>
                        11.18% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">7.17% to<br>
                        11.14% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.58%;">0.36% to<br>
                        9.72% </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:13.58%;">0% to<br>
                        10.42% </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:163pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;85&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="dee929be-a8e9-4895-8956-65538375ab99_3"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:100%;" id="z23f4836091e44d15868f3dd1484c7a3f">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.90%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">7/1/2014-<br>
                        8/4/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">8/5/2014-<br>
                        9/1/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">9/2/2014-<br>
                        10/6/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">10/7/2014-<br>
                        11/3/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">11/4/2014-<br>
                        12/1/2014 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:8.70%;">12/2/2014-<br>
                        1/5/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:10.70%;">1/6/2015-<br>
                        2/2/2015 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">12.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">12.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">11.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">3.98% to<br>
                        8.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-6.52% to<br>
                        9.35% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-5.10% to<br>
                        0.97% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">2.26% to<br>
                        9.15% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-0.80% to<br>
                        4.48% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-2.70% to<br>
                        5.09% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.70%;">-8.52% to<br>
                        0.62% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.90%;">1st Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">3.98% to<br>
                        8.98% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to<br>
                        9.35% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to<br>
                        0.97% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">2.26% to<br>
                        9.15% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to<br>
                        4.48% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to<br>
                        5.09% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">0% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">0.80% to<br>
                        4.88% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">3.65% to<br>
                        16.32% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">7.21% to<br>
                        14.05% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-1.00% to<br>
                        7.91% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-0.81% to<br>
                        6.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">5.40% to<br>
                        12.81% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.70%;">14.41% to<br>
                        22.16% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.90%;">2nd Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0.80% to<br>
                        4.88% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">3.65% to<br>
                        10.75% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">7.21% to<br>
                        10.50% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to7.91% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">0% to6.98% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">5.40% to<br>
                        12.81% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">12.50% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">10.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">13.49% to<br>
                        15.60% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">10.91% to<br>
                        14.08% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">12.75% to<br>
                        17.98% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">17.61% to<br>
                        23.90% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">17.47% to<br>
                        24.26% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">17.72% to<br>
                        20.90% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.70%;">20.67% to<br>
                        25.34% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.90%;">3rd Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">13.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">10.91% to<br>
                        13.00% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.00% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">11.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">10.75% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">3rd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">9.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">9.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">9.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">4th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">11.70% to<br>
                        15.09% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">14.35% to<br>
                        18.57% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">13.14% to<br>
                        17.53% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">2.33% to<br>
                        13.35% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">1.96% to<br>
                        8.62% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.70%;">-12.38% to<br>
                        5.72% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.70%;">-7.97% to<br>
                        -1.35% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.90%;">4th Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.00% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">9.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">2.33% to<br>
                        9.75% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">1.96% to<br>
                        8.62% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.70%;">-2.38% to<br>
                        5.72% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">0% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">4th Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.70%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.70%;">12.50% </td>
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                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.90%;">5th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.70%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.90%;">5th Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:8.70%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.70%;">&#160; </td>
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              <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
              <div>
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="zad73c29c972b45b6abafffccc329e0e6">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:9.95%;">2/3/2015-<br>
                        3/2/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:9.95%;">3/3/2015-<br>
                        4/6/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:9.95%;">4/7/2015-<br>
                        5/4/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:9.95%;">5/5/2015-<br>
                        6/1/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:9.95%;">6/2/2015-<br>
                        7/6/2015 </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:center;width:11.95%;">7/7/2015-<br>
                        8/3/2015 </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">10.50% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-11.58% to-<br>
                        6.17% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-5.43% to<br>
                        0.64% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-3.00% to<br>
                        0.63% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-4.13% to<br>
                        0.59% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-4.84% to<br>
                        1.92% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">0.80% to<br>
                        4.79% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-1.58%<br>
                        to 0% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        0.64% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        0.63% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">0% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        1.92% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.95%;">0.80% to<br>
                        4.79% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">15.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">13.25% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">2nd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">19.69% to<br>
                        27.29% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">13.80% to<br>
                        19.55% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">11.82% to<br>
                        16.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">15.09% to<br>
                        17.38% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">14.76% to<br>
                        21.92% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">13.49% to<br>
                        15.60% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">2nd Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">13.80% to<br>
                        15.50% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">11.82% to<br>
                        15.50% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.75% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.50% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">13.25% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">2nd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">10.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">3rd Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">12.99% to<br>
                        17.56% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">9.46% to<br>
                        17.83% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">10.86% to<br>
                        15.21% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">11.36% to<br>
                        14.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">11.40% to<br>
                        14.71% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">13.28% to<br>
                        15.09% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">3rd Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">9.46% to<br>
                        12.00% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">10.86% to<br>
                        12.00% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.50% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.25% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">10.25% </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">3rd Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">9.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">12.00% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.50% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">10.75% </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">4th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">0.51% to<br>
                        3.77% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.12% to<br>
                        11.18% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:11.95%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">4th Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0.51% to<br>
                        3.77% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                        11.18% </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:11.95%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">4th Anniversary Renewal Cap </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.25% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">11.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.75% </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:11.95%;">&#160; </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">5th Index Year Index Return </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:11.95%;">&#160; </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">5th Index Anniversary Performance Credit </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:9.95%;">&#160; </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:11.95%;">&#160; </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="margin-top:126pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;86&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="1940c5d3-2b84-48e5-8848-f6bf8ef7cab8_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix E &#8211; Annual Contract Fees Calculation
                Examples</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">Please note that these examples may differ from your actual
                results due to rounding.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the Quarterly Contract Anniversary your annual product fee
                is 1.25% and your Contract Value and Charge Base are $100,000. This Contract Value includes any Variable Option gains or losses and any Daily Adjustments or Performance Credits on the Index Options. During the quarter you make no additional
                Purchase Payments and take no withdrawals. We calculate the daily product fee amount for this quarter as follows:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (annual product fee &#247; 365) = daily product
                fee amount, or:<font style="font-weight:Normal;"> $100,000 x (1.25% &#247; 365) = $3.42</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 89 days in the current quarter (which includes
                the next Quarterly Contract Anniversary), then the total quarterly product fee is:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily product fee
                amount), or:<font style="font-weight:Normal;"> 89 x $3.42 = $304.79</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
                $304.79 from the Contract Value. We first account for any gains/losses on the Variable Options and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments and withdrawals, including
                deduction of the total quarterly product fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is $101,250 we would begin
                computing the daily product fee for the next quarter on the next day as:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (annual product fee &#247; 365) = daily product
                fee amount, or:<font style="font-weight:Normal;"> $101,250 x (1.25% &#247; 365) = $3.47</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you make an additional Purchase Payment of $15,000 on the
                43rd day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily product fee for the remainder of the quarter on
                the next day as:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (annual product fee &#247; 365) = daily product
                fee amount, or:<font style="font-weight:Normal;"> $116,250 x (1.25% &#247; 365) = $3.98</font></div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 92 days in the current quarter (which includes
                the next Quarterly Contract Anniversary), then the total quarterly product fee is:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily product fee
                amount), or:</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(43 x $3.47) + (49 x $3.98) = $149.10 + $195.08 = $344.18</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
                $344.18 from the Contract Value after we account for any gains/losses on the Variable Option and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase Payments and any other
                withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily product fee for the next quarter on the next day.</div>
            </div>
            <div style="margin-top:240pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix E</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;87&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="deb56f73-ec3b-4b6b-b148-14bf0c41802e_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix F &#8211; Material Contract Variations by
                Issue Date</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">All material Issue Date variations in the Contract are
                disclosed in this Appendix. If you would like more information regarding Issue Date specific Contract provisions, you should contact your Financial Professional or contact our Service Center at the toll-free telephone number listed at the
                back of this prospectus.</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Crediting Method and/or Index Availability Restrictions</div>
              <div style="text-align:center;">
                <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:93.93%;" id="z46ad6657f5d24a419d4814b5363a750b">

                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.65%;">Crediting Method / Indexes </td>
                      <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2.5pt;padding-left:6pt;padding-top:4pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:51.94%;">Availability Restrictions: </td>
                    </tr>
                    <tr style="page-break-inside:avoid;">
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.65%;">Index Protection NY Strategy </td>
                      <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:14pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-8pt;text-transform:none;vertical-align:top;width:51.94%;">&#8211;&#8194;For Contracts with a number starting with AV this first became available to newly issued Contracts on August&#160;24, 2015.<br>
                        &#8211;&#8194;Not available to Contracts issued before August 24, 2015, or if the Contract has a number starting with GAZ. </td>
                    </tr>
                    <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                      <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.65%;">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                      <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                      <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:6pt;padding-left:14pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-indent:-8pt;text-transform:none;vertical-align:top;width:51.94%;">&#8211;&#8194;For Contracts with a number starting with AV this first became available to newly issued Contracts on August&#160;24, 2015.<br>
                        &#8211;&#8194;Not available to Contracts issued before August 24, 2015, or if the Contract has a number starting with GAZ. </td>
                    </tr>

                </table>
              </div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Crediting Method or Index is not available, you cannot
                allocate to it unless we make it available to you on a future Index Anniversary.<font style="font-weight:Normal;"> Certain Crediting Methods and/or Indexes also may not be available from all selling firms or from all Financial
                  Professionals. Please consult with your Financial Professional for more information.</font></div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Automatic Performance Lock Availability Restrictions</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Automatic Performance Locks are not available to Contracts
                issued before August 24, 2015, or that have a Contract number starting with GAZ.</div>
            </div>
            <div style="margin-top:390pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;88&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;">
          <p style="margin:0pt;page-break-before:always;">&#160; </p>
          <a name="f5a010e1-839e-4b4e-87d9-969ee15f0332_1"> </a>
          <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
          <div style="width:100%;">
            <div style="width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
              <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; padding-left: 25.7334pt; text-decoration: none; text-indent: -25.7334pt; text-transform: uppercase;">Appendix
                G &#8211; Selected Financial Data and Statutory Financial Statements</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Management&#8217;s Discussion and Analysis of Financial Condition
                and Results of Operations (For the 12 month period ended December 31, 2019)</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following discussion of our financial condition and
                results of operations should be read in conjunction with our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements
                that are subject to risks, uncertainties and other factors, as described in &#8220;Risk Factors&#8221; and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects
                and opportunities in 2020 and beyond to differ materially from those expressed in, or implied by, those forward-looking statements. See &#8220;Forward-Looking Statements.&#8221;</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Statutory Financial Statements</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of Allianz Life Insurance
                Company of New York as of December 31, 2019 and 2018 and for the years ended December 31, 2019 and 2018 included in this prospectus have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent auditor, and
                upon the authority of said firm as experts in accounting and auditing. The principal business address of PwC is 45 South Seventh Street, Suite 3400, Minneapolis, MN.</div>
              <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of operations, capital and
                surplus and cash flow of Allianz Life Insurance Company of New York for the year ended December 31, 2017 included in this prospectus have been so included in reliance on the report of KPMG LLP, an independent auditor, and upon the authority
                of said firm as experts in accounting and auditing. The principal business address of KPMG LLP is 4200 Wells Fargo Center, 90 South Seventh Street, Minneapolis, MN.</div>
            </div>
            <div style="margin-top:402pt;width:100%;" type="Block">
              <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
              <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix G</div>
            </div>
            <div style="margin-top:3pt;width:100%;" type="Block">
              <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;89&#160;</div>
            </div>
          </div>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
          <hr style="margin-bottom:0pt;"><br>
          <div style="clear:both;font-size:12pt;height:0pt;"> </div>
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        <br>
        <p style="margin:0pt;page-break-before:always;"> </p>
        <div style="font-family: Times New Roman;">
          <div><a name="s562EB0CF0F3A5AEEA5B51C1BA024766D"></a></div>
          <div>
            <div style="line-height: 144%; text-align: center;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 144%; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z9093cae78ead48f98ede6e5468e7dcd3" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Part I</font></div>
                      </td>
                      <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
            <div style="line-height: 144%;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><a name="sC235C65B70A15778B93E870A88990316"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;"> Item&#160;11(f).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Selected Financial Data</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">(dollars in thousands, unless otherwise stated)</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following table sets forth the Company&#8217;s selected historical financial data. The selected financial data has been
              derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; and the Company&#8217;s audited
              Statutory Financial Statements. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">These historical results are not necessarily indicative of results to be expected for any future period.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z04a6ad0a465f42e9816072a83c8477a1" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="17"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:30%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="15">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">Selected income data</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2015</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Premium and annuity considerations*</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">376,919</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">306,832</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">275,425</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">250,086</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">281,769</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,273</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,421</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">42,598</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">42,237</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit; background-color: #cceeff;">Ceded reinsurance reserve and expense adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">181</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">201</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">211</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">225</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">225</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Fees from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">68,960</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,602</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">74,868</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">73,612</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">71,227</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Other income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">465,926</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">402,908</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">384,949</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">366,521</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">395,458</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Policyholder benefits and surrenders</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">255,885</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">246,712</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">240,015</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">173,282</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">193,224</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in aggregate reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,503</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(35,379</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,740</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(9,455</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(60,190</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit; background-color: #cceeff;">General and administrative and commission</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">52,630</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">43,506</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">40,116</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">42,055</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">134,980</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">107,721</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">60,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">104,150</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">162,679</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Total benefits and other expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">445,998</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">362,560</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">347,181</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">308,093</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">337,768</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Income tax (benefit) expense</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(7,343</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(292</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,333</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">104</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,673</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net realized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(70,095</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,217</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(39,732</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(48,008</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(11,734</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(42,824</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10,316</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,283</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff; font-weight: bold;">Capital and Surplus:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Change in unrealized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(8,937</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,410</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(21,209</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,276</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,942</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit; background-color: #cceeff;">Other change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(649</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(15,579</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,565</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(1,669</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(6,661</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(52,410</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">50,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(29,071</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,371</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">33,564</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="17">
                      <div style="font-size: 8pt;"><font style="font-family: inherit; background-color: #cceeff;">*Includes premiums and annuity and supplementary contract considerations.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zc4cb102800f84b81bcad8a1755fa578c" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="17"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:35%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="15">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">As of December 31,</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">Selected balance sheet data</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2015</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">Total cash and invested assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">596,501</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">652,934</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">630,219</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">641.417</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">649,961</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Investment income due and accrued</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,921</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,270</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,101</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">13.772</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">14,182</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other admitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">12,922</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,288</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,048</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5.272</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,112</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,752,080</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,463.583</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,277,274</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total admitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,846,406</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,340,456</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,396,448</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,124.044</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,943,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total policyholder liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">487,107</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">484,136</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">524,125</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">517,924</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">527,463</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(44,099</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(45,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(52,815</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(59,593</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(59,967</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,752,080</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,463,583</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,277,274</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,675,070</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,116,710</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,223,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,921,914</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,744,770</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total capital and surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">171,336</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">223,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">173,058</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">202,130</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">198,759</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">1</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s7DB2DCD3924F5C8996A9C7A4106402F6"></a></div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Item&#160;11(h).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following discussion and analysis provides an assessment by management of the Company&#8217;s financial condition as of
              December 31, 2019, compared with December&#160;31, 2018, and its results of operations for each of the three years ended December&#160;31, 2019, 2018, 2017, respectively. The information contained herein should be read in conjunction with the financial
              statements, notes, exhibits and schedules in the 2019 and 2018 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated basis in accordance with Statutory Accounting Principles
              (SAP).</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">Forward-looking Statements</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">This report reviews the Company&#8217;s financial condition and results of operations. Where appropriate, factors that may affect future financial performance
            are also identified and discussed. Certain statements made in this report include &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include any statement that
            may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;budget&#8221;, &#8220;forecast&#8221;, &#8220;anticipate&#8221;, &#8220;plan&#8221;, &#8220;will&#8221;,
            &#8220;shall&#8221;, &#8220;may&#8221;, and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements as a prediction of
            actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.</div>
          <div><a name="sC7F3AFCDED7A56199FBACD0FD15EDA3D"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Company Overview</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Company is a life insurance company domiciled in New York and is licensed to sell insurance products in six U.S.
              states and the District of Columbia. The Company offers a portfolio of individual variable-indexed and variable annuities, which are sold through licensed registered representatives contracted with a broker/dealer. The Company also maintains
              a legacy portfolio of individual fixed annuities, individual and group life policies, and individual and group accident and health policies, but does not actively issue new policies related to these products. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Allianz Life of New York is a wholly owned subsidiary of Allianz Life Insurance Company of North America (Allianz
              Life). </font>Allianz Life is a wholly owned subsidiary of Allianz of America, Inc. (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company&#8217;s ultimate parent, which
            is incorporated in Munich, Germany.</div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Company has organized its principal operations into the following segments: Individual Annuities and Other.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Individual Annuities</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Individual Annuities segment provides tax-deferred investment growth and lifetime income opportunities for our
              customers through fixed, fixed-indexed, variable-indexed, and variable annuities. The &#8220;fixed&#8221; and &#8220;variable&#8221; classifications describe whether we or the contractholders bear the investment risk of the assets supporting the contract.</font><font style="font-family: inherit;"> Variable annuities allow the contractholder to make deposits into various investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum
              accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be
              increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity
              sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account option that is similar to a fixed-indexed annuity. In 2019, sales of the variable-indexed annuity were higher
              than the prior year due to an industry shift from traditional variable products to hybrid annuities as well as the Allianz Index Advantage&#174;&#160;New York Variable Annuity product being very competitive. Our Individual Annuity products are sold
              through independent distribution channels made up of registered representatives contracted with a broker dealer. As previously noted, we discontinued selling fixed annuity products and the block of business is in run-off, however, in-force
              volumes are material and thus reported within the Individual Annuities segment.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Other</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Other segment consists of closed blocks of Life, Long-Term Care (LTC), and Special Markets products. The Special
              Markets products include individual and group annuity and life products, including whole and term life insurance. Although Other products are part of the combined results, the Company does not allocate additional resources to these areas
              other than to maintain the operational support to its current customers.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">2</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Income and expense allocation</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">We maintain segregated investment portfolios at the subsidiary level but do not maintain segregated portfolios for
              each segment. All Net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by segment are not included herein.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Income and expense related to assets backing policyholder reserves are allocated to the segments based on policyholder
              statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are allocated to the segments based on required
              capital levels for each segment.</font></div>
          <div><a name="sA421EE9E9A2451A9BE49641FB7E807DA"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Basis of Presentation</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Statutory Financial Statements have been prepared in accordance with accounting practices prescribed or permitted
              by the New York State Department of Financial Services (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the financial condition and
              results of operations of an insurance company and its solvency under New York insurance law. The state of New York has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="font-family: inherit; font-style: italic;">Accounting Practices and Procedures Manual</font><font style="font-family: inherit;"> as its prescribed basis of statutory accounting principles (SAP). The state of New York has also adopted certain prescribed accounting practices
              that differ from those found in NAIC SAP. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from accounting principles generally accepted
              in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The preparation of Statutory Financial Statements in conformity with NAIC SAP requires management to make certain
              estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">and the
              reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
              used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.</font></div>
          <div><a name="s11B96CB93B5F571BA52F6A871D523FDE"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Adoption of New Financial Accounting Standards </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 3 &#8211; &#8220;Accounting Changes and Correction of Errors&#8221; of the Company&#8217;s audited Statutory Financial Statements in
              this prospectus for information related to recent accounting pronouncements. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Application of Critical Accounting Policies</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Our accounting policies require management to make interpretative and valuation judgments and to make estimates based
              upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently entails uncertainty, the effects of accounting
              policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be found in Note 2 of the accompanying Statutory
              Financial Statements and are summarized below. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Accounting for Investments </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Investment valuation and presentation are determined to be in accordance with methods prescribed by the NAIC. See Note
              5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Aggregate Reserves for Life Policies and Annuity Contracts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Notes 12 through 14 of the audited Statutory Financial Statements for additional information regarding our annuity
              and life actuarial reserves, deposit liabilities, and separate accounts.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-style: italic;">Derivatives</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 2 and 5 of the audited Statutory Financial Statements for additional information regarding our derivatives
              and hedging instruments.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-style: italic;">Reinsurance</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 9 of the audited Statutory Financial Statements for additional information regarding reinsurance agreements
              we have entered into to manage insurance risk as well as businesses we have exited.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">3</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-style: italic;">Income Taxes</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 7 of the audited Statutory Financial Statements for additional information regarding income tax estimates and
              assumptions.</font></div>
          <div><a name="s4CE9FB8E1C265D3F99FA61A4C16BC7A6"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Individual Annuities and Other</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Based upon the significance of the Individual Annuities segment and its overall impact on the total results of
              operations, we only provided variance commentary at the total company level for the year ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> compared to </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> and year ended </font><font style="font-family: inherit;">December 31, 2018</font><font style="font-family: inherit;">, compared to </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Total Results of Operations</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z5fb7b7e88dc24a7ebda177c6b260c245" style="font-family:Times New Roman;font-size:10pt;width:99.8015873015873%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="24"><br>
                    </td>
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                  <tr>
                    <td style="width:25%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
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                    </td>
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                    <td style="width:10%;"><br>
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                    </td>
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                    </td>
                    <td style="width:10%;"><br>
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                    <td style="width:1%;"><br>
                    </td>
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                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
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                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
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                    </td>
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                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
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                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:9pt;"><font style="font-family: inherit; background-color: #cceeff; font-weight: bold;">Income:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Premium and annuity considerations*</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">376,919</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">306,832</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">275,425</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">70,087</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">22.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">31,407</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">11.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">19,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">23,273</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">34,421</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,407</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(14.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(11,148</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(32.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Ceded reinsurance reserve and expense adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">181</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">201</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">211</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(20</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(10.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(10</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Fees from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">68,960</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">72,602</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">74,868</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,642</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(5.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,266</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Other income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Total income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">465,926</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">402,908</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">384,949</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">63,018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">15.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">17,959</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Benefits and other expenses:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Policyholder benefits and surrenders</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">255,885</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">246,712</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">240,015</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">9,173</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,697</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in aggregate reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,503</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(35,379</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,740</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">37,882</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">107.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(40,119</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(846.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">General and administrative and commission</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">52,630</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">43,506</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">41,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">9,124</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">21.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,937</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">134,980</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">107,721</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">60,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">27,259</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">25.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">46,864</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">77.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Total benefits and other expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">445,998</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">362,560</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">347,181</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">83,438</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">23.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">15,379</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Pretax income (loss)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">19,928</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">40,348</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">37,768</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(20,420</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(50.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,580</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Income tax (benefit) expense</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(7,343</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(292</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,333</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(7,051</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,625</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(108.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net realized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(70,095</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,217</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(39,732</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(77,312</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">46,949</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">118.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(42,824</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">47,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(5,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(90,681</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(189.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">53,154</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Capital and Surplus:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in unrealized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(8,937</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">18,410</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(21,209</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(27,347</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(148.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">39,619</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">186.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Other change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(649</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(15,579</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,565</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">14,930</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">95.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(13,014</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(507.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(52,410</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">50,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(29,071</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(103,098</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(203.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">79,759</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">274.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="24">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">*Includes premiums and annuity and supplementary contract considerations.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="24">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: Arial;">&#9679;</font><font style="font-family: inherit;">Not meaningful.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">4</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Selected Operating Performance Measures</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z7372ecc93efc405396e0967cdfb6c7c3" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="24"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Deposits and gross premiums written:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Individual Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">371,966</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">298,637</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">264,826</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">73,329</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">24.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">33,811</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">12.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,149</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,289</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,472</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(140</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(183</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">376,115</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">302,926</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">269,298</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">73,189</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">24.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">33,628</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">12.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">In-force:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Individual Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,613,848</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,101,165</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,219,779</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">512,683</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">16.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(118,614</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">49,947</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">53,361</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">59,398</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.414</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(6.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(6,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(10.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,663,795</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,154,526</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,279,177</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">509,269</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">16.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(124,651</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Deposits and in-force amounts in the table above are for direct business. Deposits reflect amounts collected on both
              new and renewal business. Individual Annuities in-force represents account values of the annuity contracts for our fixed, variable, and variable-indexed annuity contracts. Other products in-force represent gross life insurance within the Life
              and Special Markets products. The deposits increased within Individual Annuities year over year as a result of the continued growth of variable-indexed annuity sales due to competitive product features and higher traditional variable annuity
              sales partially offset by the continued run off of fixed annuities. The increase of in-force in the Individual Annuities segment is primarily driven by growth of the variable-indexed annuity sales and 2019 equity market increases resulting in
              higher policyholder account values. Deposits and in-force within Other products continues to decline due to the run off on the closed blocks of business.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Change in Key Market Factors</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Our Individual Annuities segment is impacted by various market impacts and movements which are summarized below:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zd6f487dd768b4c489946baf8251d271f" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:26%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="5">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Stock Index</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">S&amp;P 500</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">28.88%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(6.24)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">19.42%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">35.12%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(25.66)%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">NASDAQ 100</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">37.96%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(1.04)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">31.52%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">39.00%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(32.56)%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z7a810fd0ee5e4367ad894b080026b44b" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:26%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="5">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Basis&#160;point&#160;(bps)&#160;change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Interest Rates</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">LIBOR 10yr</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">1.90%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">2.71%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">2.53%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(81) bps</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">18 bps</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">LIBOR 20yr</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">2.07%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">2.83%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">2.40%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">(76) bps</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit;">43 bps</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Year Ended </font><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2019</font><font style="font-family: inherit;"> </font><font style="font-family: inherit; font-weight: bold;">Compared to</font><font style="font-family: inherit;"> </font><font style="font-family: inherit; font-weight: bold;">Year Ended </font><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font><font style="font-family: inherit; font-weight: bold;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Overview</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The decrease in capital and surplus was primarily driven by realized losses due to hedging impacts, an increase in
              change in aggregate reserves driven by higher variable-indexed premium and annuity considerations, impacts due to favorable equity market performance, and the change in Premium Deficiency Reserves (PDR) related to LTC in the Other segment.
              This was partially offset by favorable variable-indexed annuity premiums which is partially offset by an increase in net transfers to separate accounts both due to an increase in new premiums.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Income</font></div>
          <table cellspacing="0" cellpadding="0" id="z9723398953a34bf080e426f2409d1a70" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Premium and annuity considerations</font>:<font style="font-family: inherit;"> Premium and annuity considerations increased primarily due to the
                      continued growth of the variable-indexed annuity product which was impacted by a sales promotion in 2019 and higher traditional variable annuity sales driven by market conditions in the Individual Annuities segment. </font></div>
                </td>
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          </table>
          <table cellspacing="0" cellpadding="0" id="z639a46e5a0364de285df3d940582685f" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Net investment income:</font><font style="font-family: inherit;"> Net investment income decreased primarily due to the sale of the Company's Interest
                      Rate Swap (IRS) portfolio in March of 2018, which caused a decline in derivative instrument income as well as negative IMR </font></div>
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          </table>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">5</font><font style="font-family: inherit;"> of 15</font></div>
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          <div style="line-height:120%;padding-left:24px;padding-bottom:8px;padding-top:8px;text-align:justify;"><font style="font-family: inherit;">amortization. In addition, there was a decrease in average invested assets backing policyholder liabilities
              as a result of the continued run-off of the Company's fixed annuity block of business. </font></div>
          <table cellspacing="0" cellpadding="0" id="z89ae185eded6448bb31e87e704d4ca4e" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Fees from separate accounts</font>:<font style="font-family: inherit;"> Fees from separate accounts decreased primarily due to lower M&amp;E and benefit
                      rider income from the effects of negative equity markets in late 2018, which resulted in lower average traditional variable annuity Separate Account assets in 2019. The decrease was also impacted by higher variable annuity surrenders.</font></div>
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          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Benefits and Other Expenses</font></div>
          <table cellspacing="0" cellpadding="0" id="z8753b80ef94243ff83c0fa8b89c9714f" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Policyholder benefits and surrenders</font>:<font style="font-family: inherit;"> Policyholder benefits and surrenders increased primarily due to an
                      increase in variable surrender benefits driven by policyholder activity. This was partially offset by lower fixed surrenders.</font></div>
                </td>
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          </table>
          <table cellspacing="0" cellpadding="0" id="z2169c529d91047fe8806c8593ea59394" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Change in aggregate reserves:</font><font style="font-family: inherit;"> Change in aggregate reserves was driven by higher variable-indexed premium and
                      annuity considerations and an increase in premium deficiency reserves related to the LTC line of business which is supported by the gross premium valuation which is conducted annually. This is partially offset by fixed annuity reserve
                      decreases due to the continued run-off of the closed block of business.</font></div>
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          <table cellspacing="0" cellpadding="0" id="z0ac6c2729f94480db0bf510f54bef004" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">General and administrative and commission:</font><font style="font-family: inherit;"> General and administrative and commission increased primarily due
                      to higher variable indexed-annuity commissions as a result of an increase in production. </font></div>
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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Net transfers to separate accounts:</font><font style="font-family: inherit;"> Net transfers to separate accounts increase is
                      driven by new premium and policyholder withdrawals, and increased due to higher separate account premium. </font></div>
                </td>
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          <table cellspacing="0" cellpadding="0" id="z7fb8d8a0783d4d51a422a24eaade1874" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Income tax (benefit) expense</font><font style="font-family: inherit;">: The higher income tax benefit in 2019 as compared to
                      2018 was driven by the timing of the increase in hedging losses.</font></div>
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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Net realized capital (loss) gain:</font><font style="font-family: inherit;"> Net realized capital losses are driven by negative
                      hedging results in our Individual Annuities segment due to increasing equity markets. </font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Capital and Surplus</font></div>
          <table cellspacing="0" cellpadding="0" id="z3fbb45222d3147459acab984700616dd" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Change in unrealized capital (loss) gain: </font><font style="font-family: inherit;">Unrealized capital losses are primarily due
                      to negative hedging results in our Individual Annuities segment due to increasing equity markets.</font></div>
                </td>
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          <table cellspacing="0" cellpadding="0" id="z098a1f37b0724a4eb039e1eb84aad49f" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Other change in capital and surplus:</font><font style="font-family: inherit; font-style: italic;"> </font><font style="font-family: inherit;">Other
                      change in capital and surplus increased to due change in nonadmitted assets driven by negative IMR and a change in accounting principle in 2018. This was partially offset by an increase in net deferred income taxes as a result of
                      hedging losses due to favorable equity market impacts. </font></div>
                </td>
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          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Year Ended </font><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font><font style="font-family: inherit; font-weight: bold;"> Compared to Year Ended </font><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2017</font><font style="font-family: inherit; font-weight: bold;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Overview</font></div>
          <div style="line-height: 120%; text-align: justify; padding-left: 2px;"><font style="font-family: inherit;">The increase in capital and surplus was primarily driven by increases in variable annuity premiums and favorable realized gains. This was
              partially offset by a decrease in net investment income, an increase in aggregate reserves, and an increase in surrender payments.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Income</font></div>
          <table cellspacing="0" cellpadding="0" id="z5f1ccea7632f42b7bc79491c38daaac4" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Premium and annuity considerations</font>:<font style="font-family: inherit;"> Premium and annuity considerations increased primarily due to higher
                      traditional variable annuity sales and continued growth of the variable-indexed annuity product driven by market conditions in the Individual Annuities segment.</font></div>
                </td>
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          </table>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Net investment income:</font><font style="font-family: inherit;"> Net investment income decreased primarily due to a decrease in interest rate swap
                      (IRS) derivative income due to the sale of the Company's IRS portfolio in March 2018 and lower bond income due to a decrease in average invested assets backing policyholder liabilities as a result of the continued run-off of the
                      Company's fixed annuity block of business. </font></div>
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          <table cellspacing="0" cellpadding="0" id="z477572279304453a87ecc5a5617fbdf9" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Fees from separate accounts</font>:<font style="font-family: inherit;"> Fees from separate accounts decreased primarily due to a decrease in M&amp;E and
                      benefit rider income due to negative equity markets which resulted in lower Separate Account assets and higher variable annuity surrenders.</font></div>
                </td>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Benefits and Other Expenses</font></div>
          <table cellspacing="0" cellpadding="0" id="zb34c415e12a0407eac07a0057d584661" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Policyholder benefits and surrenders</font>:<font style="font-family: inherit;"> Policyholder benefits and surrenders increased primarily due to higher
                      variable annuity surrenders.</font></div>
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          <div><br>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">6</font><font style="font-family: inherit;"> of 15</font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Change in aggregate reserves:</font><font style="font-family: inherit;"> Change in aggregate reserves decreased primarily due to the run off of the
                      fixed block of business.</font></div>
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                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">General and administrative and commission:</font><font style="font-family: inherit;"> General and administrative and commission increased primarily due
                      to higher variable indexed-annuity commissions as a result of an increase in production. </font></div>
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                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Net transfers to separate accounts: </font><font style="font-family: inherit;">Net transfers to separate accounts is driven by
                      new premium and policyholder withdrawals, and increased due to higher separate account premium. </font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z914627693f9844048f8825513eefe952" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:24px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Income tax expense (benefit)</font>:<font style="font-family: inherit;"> There is an income tax benefit in 2018, as compared to income tax expense in
                      2017. The benefit is driven by timing of hedging losses.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="ze1c89d3fde1a4772a9911fc09f7aee0c" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:24px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Net realized capital gain (loss):</font><font style="font-family: inherit; font-style: italic;"> </font><font style="font-family: inherit;">Net
                      realized capital gains are driven by positive hedging results in our Individual Annuities segment due to declining equity markets. </font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Capital and Surplus</font></div>
          <table cellspacing="0" cellpadding="0" id="z9ce024cc6a18452081c571a9a42ea741" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:24px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Change in unrealized capital gain (loss):</font><font style="font-family: inherit;"> Unrealized capital gains are primarily due to positive hedging
                      results in our Individual Annuities segment due to declining equity markets.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zbfa8692d6ff5432e8da150815960af7c" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:24px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-style: italic;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-style:italic;">Other change in capital and surplus:</font><font style="font-family: inherit;"> Other change in capital and surplus is primarily due to an increase in
                      nonadmitted assets as a result of nonadmitted negative IMR due to the sale of the Company's IRS portfolio. This was partially offset by net impacts due to changes in accounting principles related to reserve calculations within our
                      Individual Annuities segment.</font></div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">7</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 144%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following tables provide the results of operations for the Individual Annuities and Other segments:</font></div>
          <div style="line-height: 144%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Individual Annuities</font></div>
          <div style="line-height: 120%; padding-bottom: 9px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Segment Results of Operations</font></div>
          <div style="line-height: 120%; padding-bottom: 9px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zfeaf19427a7f4f53aa399a08da02cbc9" style="font-family:Times New Roman;font-size:10pt;width:99.8015873015873%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="26"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:25%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="11">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Income:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Premium and annuity considerations*</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">373,869</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">303,753</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">272,214</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">70,116</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">23.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">31,539</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">11.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">16,813</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">20,651</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">31,845</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,838</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(18.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(11,194</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(35.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Fees from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">68,960</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">72,602</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">74,868</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,642</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(5.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,266</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Other income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Total income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">459,642</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">397,006</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">378,951</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">62,636</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">15.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">18,055</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff; font-weight: bold;">Benefits and other expenses:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Policyholder benefits and surrenders</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">254,424</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">245,151</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">238,550</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">9,273</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,601</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in aggregate reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(16,098</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(41,622</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1,426</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">25,524</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">61.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(40,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">General and administrative and commission</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">51,799</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">42,982</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">40,599</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">8,817</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">20.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,383</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">134,980</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">107,721</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">60,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">27,259</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">25.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">46,864</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">77.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Total benefits and other expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">425,105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">354,232</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">338,580</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">70,873</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">20.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">15,652</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Pretax income (loss)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">34,537</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">42,774</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">40,371</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(8,237</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(19.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,403</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Income tax (benefit) expense</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(12,727</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(309</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,563</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(12,418</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3,872</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(108.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net realized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(70,099</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,593</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(37,599</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(71,692</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">39,192</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">104.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(22,835</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">44,676</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(791</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(67,511</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(151.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">45,467</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Capital and Surplus:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in unrealized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(9,089</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">19,051</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(22,087</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(28,140</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(147.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">41,138</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">186.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Other change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(629</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(13,134</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1,759</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">12,505</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">95.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(11,375</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(646.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(32,553</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">50,593</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(24,637</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(83,146</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(164.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">75,230</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">305.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="26">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">*Includes premiums and annuity and supplementary contract considerations.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="26">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: Arial;">&#9679;</font><font style="font-family: inherit;">Not meaningful</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">8</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 144%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Other</font></div>
          <div style="line-height: 120%; padding-bottom: 9px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Segment Results of Operations</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z25c34a04748d4c25bbf75a1e9766de4a" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="24"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:22%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:7%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:8%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease) and % change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019 - 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018 - 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Income:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Premium and annuity considerations</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,050</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,079</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,211</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(29</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(0.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(132</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,053</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,622</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,576</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">431</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">16.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">46</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Ceded reinsurance reserve and expense adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">181</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">201</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">211</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(20</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(10.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(10</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Total income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,284</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,902</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,998</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">382</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(96</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; font-weight: bold;">Benefits and other expenses:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Policyholder benefits and surrenders</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,462</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,561</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,465</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(99</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(6.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">96</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in aggregate reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">18,601</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,243</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,166</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">12,358</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">197.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">77</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">General and administrative and commission</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">830</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">524</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">970</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">306</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">58.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(446</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(46.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Total benefits and other expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">20,893</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">8,328</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">8,601</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">12,565</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">150.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(273</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(3.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Pretax (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(14,609</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,426</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,603</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(12,565</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(517.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">177</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Income tax expense (benefit)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,384</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">17</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(230</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,367</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">247</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Net realized capital gain (loss)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,624</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,133</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(5,620</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(99.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,757</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(19,989</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,181</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4,506</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(23,170</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(728.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,687</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">170.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff; font-weight: bold;">Capital and Surplus:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in unrealized capital gain (loss)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">152</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(641</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">878</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">793</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">123.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1,519</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(173.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit; background-color: #cceeff;">Other change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(20</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,445</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(806</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,425</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">99.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1,639</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(203.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net change in capital &amp; surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(19,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">95</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4,434</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(19,952</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">NM&#9679;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">102.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: Arial;">&#9679;</font><font style="font-family: inherit;">Not meaningful</font></div>
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><a name="s66B217F1933D5E18A6AAA63B61525ECA"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Financial Condition</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Investment Strategy</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Our investment strategy focuses on diversification by asset class. We seek to achieve economic diversification, while
              reducing overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio diversification on an asset class, creditor, and industry basis, and by complying
              with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in estimating the cash flows related to structured securities. We actively monitor and
              manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return preferences, the economic and credit environment, and the ability to manage this
              risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with contractholder liability cash flows and duration.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">9</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following table presents the investment portfolio at December&#160;31:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zca272352fd704566b7cac03c536b82a5" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Carrying Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Carrying Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">93.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">603,762</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">92.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash and cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,013</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">6.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,639</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policy loans</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">329</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">360</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Receivables for securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">983</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash and invested assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">596,501</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">652,934</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Bonds</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Refer to Note 5 of the audited Statutory Financial Statements for information regarding the nature of our portfolio of
              bonds. The tables below set forth the NAIC Securities Valuation Office ("SVO") quality ratings for the Companies bond portfolio at </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z14dc21e490894208a13da5d3f9aa1426" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="13">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Fair Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Amortized Cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">377,821</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">63.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">357,536</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">64.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">211,076</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">35.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">194,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">35.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Investment grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">588,897</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">99.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">551,619</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">99.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,748</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,717</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">551</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">530</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Below investment grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,299</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,247</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">592,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z3e6905735bfd4144ad5965f05d61a993" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="13">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Fair Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Amortized Cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">407,150</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">67.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">405,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">67.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">192,268</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">31.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">193,667</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">32.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Investment grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">599,418</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">99.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">598,704</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">99.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,758</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,034</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">440</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">533</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">491</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">491</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Below investment grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,689</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,058</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; background-color: #cceeff;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">604,107</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">603,762</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">10</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Commercial Mortgage-backed</font><font style="font-family: inherit;"> </font><font style="font-family: inherit; font-style: italic;">and Other Asset-backed Securities </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Commercial mortgage-backed securities (CMBS) represent pools of commercial mortgages that are broadly diversified
              across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC classes and vintage year as of December&#160;31:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z7d4c6f2eddc44608a521548baf5ac0f2" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="16"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:0%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="15">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total CMBS</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Vintage</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">90,511</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,542</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">8,121</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,629</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">12.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,100</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">21.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2015 and prior</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">50,119</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">55.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">90,511</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">90,511</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8168799424924d9cb1f74a669fa6bfeb" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="15"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="14">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total CMBS</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Vintage</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">91,109</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">8,134</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,646</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">12.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,136</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">21.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2015</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,132</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">45.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2014 and prior</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,061</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">12.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">91,109</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">91,109</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Asset backed security (ABS) holdings consist primarily of aircraft leases, credit card receivables and other
              asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or limits on these types of investments. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following table summarizes our exposure to other ABS holdings by NAIC classes and vintage year as of December&#160;31:
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z4bd74b35854748db879c5e52d53aa7e0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="15"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="14">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total other ABS</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Vintage</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">667</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
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                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
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                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2015 and prior</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">667</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
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                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
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                    <td style="vertical-align:bottom;">
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                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
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                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">667</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">667</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
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                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
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                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z4c4142cf2ae44e5990692e37a5589fae" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="15"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="14">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">NAIC Classes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of total other ABS</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Vintage</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2016</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2015</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">2014 and prior</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">6</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,529</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">11</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Unrealized investment losses of bonds, for investment grade (NAIC classes 1-2) and below investment grade (NAIC
              classes 3-6) securities by duration are as follows at December&#160;31:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z0fe4c19dc5e2432dbc85f064784f40cb" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="13">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Investment Grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Below Investment Grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Twelve months or less below fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">80</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">90.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">More than twelve months below fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">80</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">90.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z98fb7564a72740eca404d8e9d7a6bdf4" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="13">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Investment Grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Below Investment Grade</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">% of Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Twelve months or less below fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,716</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">56.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">95</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">0.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">More than twelve months below fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,108</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">40.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">278</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9,824</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">96.4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">373</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 5 of the audited Statutory Financial Statements for additional disclosures in regards to unrealized
              investment losses of bonds, December&#160;31.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Other-than-temporary impairments, by market sector, for impairments included in the Statements of Operations, were as
              follows at December&#160;31: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z86eb967769824de3bee4f30df1932289" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:41%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Impairment</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">No. of Securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Impairment</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">No. of Securities</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Corporate securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">48</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">363</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Refer to Note 6 of the audited Statutory Financial Statements for information regarding the fair value and fair value
              hierarchy level of our financial instruments.</font></div>
          <div><a name="s2F5DB3C005F45AA58FFB25CCAA472154"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Liquidity and Capital Resources</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Overview</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">The Company&#8217;s liquidity requirements are generally met through funds provided by investment income, receipt of insurance premiums, M&amp;E fees and
            benefit rider income,<font style="font-family: inherit;"> and maturities and sales of investments. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Company does not utilize the capital markets as a source of capital. Should the need for capital arise, the
              Company may utilize its parent, Allianz Life, as an alternative source of funding. The Company has a line of credit agreement with its parent, Allianz Life, to provide liquidity to the Company, as needed. The Company&#8217;s borrowing capacity
              under the agreement is limited to 5% of the Company&#8217;s general account admitted assets as of the preceding year end. As of </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, there are no amounts outstanding under the line of credit agreement and no amounts have been borrowed during the years ended </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">. In addition, if capital infusions are deemed necessary, the Company
              obtains prior approval by the Department, as appropriate. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The primary uses of funds are policy benefits, commissions, other product-related acquisition costs, investment
              purchases, and </font>operating expenses<font style="font-family: inherit;">. </font>The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.</div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Financial Ratings and Strength</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">We received the following financial strength ratings as of </font><font style="font-family: inherit;">December 31,
              2019</font><font style="font-family: inherit;">:</font></div>
          <table cellspacing="0" cellpadding="0" id="z662cbe3107934dda84e8f98f146bbcb2" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:48px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 24px;"><font style="font-family: inherit;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit;">AM Best&#160;&#160;&#160;&#160;A+ (Superior)</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z4d3e7a6cae8c4d819ae6e10d38aef468" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:48px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 24px;"><font style="font-family: inherit;">&#8226;</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit;">S&amp;P&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;AA (Very Strong)</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The financial strength ratings are influenced by many factors including the operating and financial performance, asset
              quality, liquidity, asset/liability management, overall portfolio mix, financial leverage, and exposure to risks.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">12</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Cash Flows</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">The cash flows of the Company for the years ended<font style="font-family: inherit;"> </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;"> </font>are
            summarized in the condensed table below:<font style="font-family:Arial;font-size:9pt;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 0px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z0b2a0c5e7dfa4e66a8263e4d7811981f" style="font-family:Times New Roman;font-size:10pt;width:99.60317460317461%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:55%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Year ended December&#160;31,</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">Net cash provided by operating activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">28,664</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">38,823</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">53,321</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net cash used in investing activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(32,994</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(12,245</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(83,623</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net cash (used in) provided by financing and miscellaneous activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,296</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,316</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(602</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net (decrease) increase in cash and cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(6,626</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">28,894</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(30,904</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">We have the funds necessary to meet capital requirements in the state of New York and to support our operations.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The decrease in net cash provided by operating activities in 2019 compared to 2018 is primarily due to higher
              commissions, an increase in surrenders and annuity benefits, and lower net investment income. This was partially offset by a decrease in income taxes paid and an increase in premiums. The decrease in net cash provided by operating activities
              in 2018 compared to 2017 is primarily due to an increase in surrenders, lower net investment income, and an increase in income taxes paid. This was partially offset by an increase in premiums. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The increase in cash flow used in investing activities in 2019 compared to 2018 was primarily driven by derivative
              cash impacts and partially offset by the net increase in bond purchases. The decrease in cash flow used in investing activities in 2018 compared to 2017 was primarily driven by a net decrease in bond purchases and derivative cash impacts. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The decrease in cash provided by financing activities in 2019 compared to 2018 is primarily due to the change in
              payable from parent. The increase in cash provided by financing activities in 2018 compared to 2017 is primarily due to the change in payable from parent. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Risk-Based Capital</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">See Note 15 of the audited Statutory Financial Statements for information regarding the Risk-Based Capital (RBC). The
              Company's RBC ratio significantly exceeds required minimum thresholds as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Statutory Surplus and Dividends</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Statutory accounting practices prescribed or permitted by the Company&#8217;s state of domicile are directed toward insurer
              solvency and protection of policyholders. Additionally, account balances and future policy benefit reserves calculated for statutory reporting do not include provisions for withdrawals.The Company is required to meet minimum statutory capital
              and surplus requirements. The Company&#8217;s statutory capital and surplus as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> were in compliance with these requirements. The maximum amount of dividends that can be paid by New York insurance companies to stockholders without prior approval of the Department is subject to restrictions
              relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual statement. In accordance with New
              York statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its beginning-of-the year statutory surplus, or its net gain from operations of the insurer, not including
              realized gains, for the 12-month period ending the 31st day of the preceding year. Based on these restrictions, ordinary dividends of </font><font style="font-family: inherit;">$17,134</font><font style="font-family: inherit;"> can be paid
              in </font><font style="font-family: inherit;">2020</font><font style="font-family: inherit;"> without the approval of the Department. The Company paid no dividends and received no capital contributions in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> or </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Commitments</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The following table summarizes certain contractual obligations and the Company&#8217;s expected commitments based on
              policyholder behavior assumptions by period as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z04c0ec6831b94a67820a34931da4ddb6" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="16"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:26%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">In 1 year</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">After 1 year</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">After 3 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">After</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">or less</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">up to 3 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">up to 5 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">5 Years</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Payments due</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policyholder liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">750,796</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">66,118</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">108,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">80,425</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">495,684</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Operating leases</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">61</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">37</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total payments due</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">750,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">66,142</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">108,606</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">80,425</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">495,684</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">13</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Policyholder liabilities include estimated claim and benefit, policy surrender and commission obligations offset by
              expected future deposits and premiums on in-force insurance policies and investment contracts in the Individual Annuities and Other segments. We have excluded the separate account liabilities as these obligations are legally insulated from
              general account obligations and will be fully funded by cash flows from separate account assets. The obligations have not been discounted to present value. Estimated claim and benefit obligations are based upon mortality, morbidity and lapse
              assumptions comparable to historical experience. The results are based on assuming market growth and interest crediting consistent with other valuation assumptions. In contrast to this table, the majority of our obligations are recorded on
              the Balance Sheets at current account values or other prescribed measurements that are not directly related to liability cash flows. These obligations do not incorporate an expectation on future market growth, interest crediting, or future
              deposits. Therefore, due to the significance of the assumptions used, the amounts presented could materially differ from actual results. Operating leases include non-cancelable obligations on certain office space and equipment.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Contingencies</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">The Company is or may become subject to claims and lawsuits that arise in the ordinary course of business. In the
              opinion of management, the ultimate resolution of any such known litigation will not have a material adverse effect on the Company&#8217;s financial position.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;">The Company is contingently liable for possible future assessments under regulatory requirements pertaining to insolvencies and impairments
              of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;">The financial services industry, variable and fixed annuities, life insurance, distribution companies, and broker-dealers, is subject to
              close scrutiny by regulators, legislators, and the media. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Federal and state regulators, such as state insurance departments, state securities departments, the SEC, the
              Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various selling practices, including suitability reviews,
              product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is subject to ongoing market conduct examinations and investigations by regulators, which may have a material adverse
              effect on the Company. </font></div>
          <div><a name="s681F6CCA26B65CDFA74469937C366400"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Off-Balance Sheet Arrangements</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">The Company does not have any off-balance sheet transactions, arrangements or other relationships that management believes would be reasonably likely to
            have a material effect on the Company&#8217;s liquidity or the requirements for capital resources.</div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">The Company utilizes exchange-traded futures to economically hedge certain product liabilities. Under this kind of transaction, the Company agrees to
            purchase a specified number of contracts and settles the variation margin with the counterparty on a daily basis in an amount equal to the change in the market value of the underlying contracts from the close of the previous trading day. The
            parties with whom the Company enters into the exchange-traded futures contracts are regulated futures commission&#8217;s merchants who are members of a trading exchange.</div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">The Company is exposed to credit-related losses in the event of non-performance by counterparties under the terms of the futures contracts. The Company
            minimizes counterparty credit risk by establishing relationships only with counterparties rated BBB+ and higher. Given the credit ratings of the counterparties with which the Company transacts, the Company does not expect any counterparties to
            fail to meet their obligations. The Company has also executed Credit Support Annex (CSA) agreements with all active counterparties and requires a CSA from all new counterparties added to the Company&#8217;s counterparty pool. The CSA agreements
            further limit the Company&#8217;s counterparty credit risk by requiring the counterparty to post collateral to a segregated custodial account based on the net exposure to the Company. </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;">As the Company&#8217;s futures transactions are executed through a regulated exchange, positions are marked-to-market and settled on a daily basis, and
            collateral is posted prior to execution of a transaction. The Company has minimal exposure to credit-related losses in the event of non-performance. The Company is required to post collateral for any futures, options and swap contracts that are
            executed. The amount of collateral required is determined by the exchange on which the contract is traded.<font style="font-family: inherit;"> For </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, </font>the Company posted U.S. Treasuries to satisfy this collateral requirement.</div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">14</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
          <hr style="page-break-after:always">
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          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Item&#160;11(j).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Quantitative and Qualitative Disclosures about Market Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">Market risk is the risk of the loss of fair value resulting from adverse changes in market rates and prices, such as
              interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. Reference Note 4 of the audited Statutory Financial
              Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Sensitivity Analysis</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">To assess the impact of changes in interest rate and equity markets, we perform sensitivity tests. Sensitivity tests
              measure the instantaneous impact of a single hypothetical interest rate or equity price change on our post-tax income, or fair value of an asset or liability, while holding all other rates or prices constant. To assess interest rate risk, we
              perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 basis points (bps). To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity prices by a
              hypothetical 15%.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Interest Rate Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">One means of assessing exposure to interest rate changes is to measure the potential change in the statutory value of
              an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates would cause our post-tax income to
              decrease by </font><font style="font-family: inherit;">$183</font><font style="font-family: inherit;"> as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">We also examined the impact on after tax income due to a hypothetical decrease in interest rates of 50 bps across all
              maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by </font><font style="font-family: inherit;">$97</font><font style="font-family: inherit;"> as
              of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">. Note that the impacts referenced reflect the net of economic hedge impact and does not include economic impact related to our
              fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit; font-style: italic;">Equity Market Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;">One means of assessing exposure to changes in equity market prices is to estimate the potential changes in post-tax
              income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income to increase by </font><font style="font-family: inherit;">$26,652</font><font style="font-family: inherit;">, while an increase in equity market prices would cause our post-tax income to decrease by </font><font style="font-family: inherit;">$19,907</font><font style="font-family: inherit;"> based on our equity exposure as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">. Note that the impacts referenced reflect the net of economic hedge
              impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Selected Financial Data and Management's Discussion and Analysis</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:center;font-size:9pt;"><font style="font-family: inherit;">Page </font><font style="font-family: inherit;">15</font><font style="font-family: inherit;"> of 15</font></div>
          </div>
        </div>
        <p style="margin:0pt;page-break-before:always;"> <br>
        </p>
        <p style="margin:0pt;page-break-before:always;"> </p>
        <div style="font-family: Times New Roman;">
          <div><a name="s2573E3C27FA95580BF26545012093327"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:316px;text-align:center;font-size:14pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:center;font-size:14pt;"><font style="font-family: inherit;">Statutory Financial Statements</font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:center;font-size:14pt;"><font style="font-family: inherit;">December&#160;31, </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:center;font-size:14pt;"><font style="font-family: inherit;">(With Report of Independent Auditors Thereon)</font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:center;font-size:14pt;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height:120%;padding-bottom:13px;padding-top:8px;text-align:justify;font-size:11pt;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s3B28932696565194A7A1B0D0D719FD1A"></a></div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"> &#160;&#160;&#160;&#160;</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; text-align: center;"><font style="font-family: inherit; font-weight: bold;">Report of Independent Auditors</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">To the</font><font style="font-family: inherit; font-weight: bold;"> </font><font style="font-family: inherit;">Board of Directors of
              Allianz Life Insurance Company of New York</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of New York, which comprise the statutory
              statements of admitted assets, liabilities, and capital and surplus as of December&#160;31, 2019 and 2018, and the related statutory statements of operations, capital and surplus, and of cash flow for the years then ended. </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Management&#8217;s Responsibility for the Financial Statements</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting practices
              prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial
              statements that are free from material misstatement, whether due to fraud or error.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Auditors&#8217; Responsibility</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">Our responsibility is to express an opinion on the financial statements based on our audits. We conducted our audits in accordance with
              auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The
              procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to
              the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's
              internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating
              the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the accounting
              practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than accounting principles generally accepted in the United States of America.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2</font><font style="font-family: inherit; font-weight: bold;"> </font><font style="font-family: inherit;">and accounting principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material. </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z8201e26e353f4661a2bbe448d275678b" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

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                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">1</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">In our opinion, because of the significance of the matter discussed in the &#8220;Basis for Adverse Opinion on U.S. Generally Accepted Accounting
              Principles&#8221; paragraph, the financial statements referred to above do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of December&#160;31,
              2019 and 2018, or the results of its operations or its cash flows for the years then ended.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Opinion on Statutory Basis of Accounting</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">In our opinion, the financial statements referred to above present fairly, in all material respects, the admitted assets, liabilities and
              surplus of the Company as of December&#160;31, 2019 and 2018, and the results of its operations and its cash flows for the years then ended, in accordance with the accounting practices prescribed or permitted by the New York State Department of
              Financial Services described in Note 2.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 0px;"><font style="font-family: inherit;">/s/PricewaterhouseCoopers LLP</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;">April&#160;3, 2020 </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
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            </font></div>
          <div><br>
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            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zb5f36e9484d540ebbf3d8a09de2fc7f0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

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                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">2</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
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                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 13px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 13px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 13px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; text-align: center;"><font style="font-family: inherit; font-weight: bold;">Independent Auditors&#8217; Report</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 10px; padding-left: 6px;"><font style="font-family: inherit;">The Board of Directors</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">Allianz Life Insurance Company of New York:</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">We have audited the accompanying financial statements of Allianz Life Insurance Company of New York, which comprise the
              statutory statements of operations, capital and surplus, and cash flow for the year ended December 31, 2017, and the related notes to the statutory financial statements.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit; font-style: italic;">Management&#8217;s Responsibility for the Financial Statements</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 7px; padding-left: 6px;"><font style="font-family: inherit;">Management is responsible for the preparation and fair presentation of these financial statements in accordance with
              statutory accounting practices prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and
              fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit; font-style: italic;">Auditors&#8217; Responsibility</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 7px; padding-left: 6px;"><font style="font-family: inherit;">Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
              accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material
              misstatement.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
              statements. The procedures selected depend on the auditors&#8217; judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor
              considers internal control relevant to the entity&#8217;s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion
              on the effectiveness of the entity&#8217;s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made
              by management, as well as evaluating the overall presentation of the financial statements.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
              opinions.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit; font-style: italic;">Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 7px; padding-left: 6px;"><font style="font-family: inherit;">As described in Note 2 to the financial statements, the financial statements are prepared by Allianz Life Insurance
              Company of New York using statutory accounting practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, the
              financial statements are not intended to be presented in accordance with U.S. generally accepted accounting principles.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">The effects on the financial statements of the variances between the statutory accounting practices described in Note 2
              and U.S. generally accepted accounting principles, although not reasonably determinable, are presumed to be material.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z4bb3d0613a6441d8a24fda4b22ad78bd" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">3</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 6px; padding-left: 6px;"><font style="font-family: inherit; font-style: italic;">Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 7px; padding-left: 6px;"><font style="font-family: inherit;">In our opinion, because of the significance of the variances between statutory accounting practices and</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit;">U.S. generally accepted accounting principles discussed in the Basis for Adverse Opinion on U.S. Generally Accepted
              Accounting Principles paragraph, the financial statements referred to above do not present fairly, in accordance with U.S. generally accepted accounting principles, the results of Allianz Life Insurance Company of New York&#8217;s operations or its
              cash flows for the year ended December 31, 2017.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; padding-left: 6px;"><font style="font-family: inherit; font-style: italic;">Opinion on Statutory Basis of Accounting</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 7px; padding-left: 6px;"><font style="font-family: inherit;">In our opinion, the financial statements referred to above present fairly, in all material respects, the results of
              Allianz Life Insurance Company of New York&#8217;s operations and its cash flow for the year ended December 31, 2017, in accordance with statutory accounting practices prescribed or permitted by the New York State Department of Financial Services
              described in Note 2.</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px; text-align: center;"><font style="font-family: inherit;">/s/KPMG LLP</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 10px; padding-left: 6px;"><font style="font-family: inherit;">Minneapolis, Minnesota May 18, 2018</font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 0px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zf50facc84de94718bb043174fc78c32e" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

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                      <td style="width:34%;"><br>
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                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
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                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">4</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
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                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
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                </table>
              </div>
            </div>
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            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
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            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">December&#160;31, 2019 and 2018</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data)</font></div>
            <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zedd42c124a1044ff8e0d80316fb67607" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:59%;"><br>
                    </td>
                    <td style="width:6%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Admitted Assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash and invested assets:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">603,762</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash and cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,013</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,639</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policy loans</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">329</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">360</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Receivables for securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">983</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash and invested assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">596,501</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">652,934</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Investment income due and accrued</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,921</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,270</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Deferred tax asset, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,307</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,081</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Current federal and foreign income tax recoverable</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,225</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,207</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Admitted assets, exclusive of separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">614,344</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">662,492</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total admitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,846,406</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,340,456</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zdea612c70ec54bbaa5fdc80145cc22e1" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">5</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="sC48A1AC3B37E51C08A2B4B085F4BFE65"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">December&#160;31, 2019 and 2018</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data)</font></div>
            <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z21f47848eda14fedb9db30b92d7482e1" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:59%;"><br>
                    </td>
                    <td style="width:6%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Liabilities and Capital and Surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policyholder liabilities:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life policies and annuity contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">419,693</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">435,987</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Accident and health policies</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">63,589</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">45,072</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Deposit-type contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,604</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,879</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life policy and contract claims</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">27</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">27</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Accident and health policy and contract claims</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">194</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">171</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total policyholder liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">487,107</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">484,136</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">General expenses due and accrued</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">485</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">524</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Due from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(56,933</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(59,985</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Payable to parent and affiliates</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,384</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,692</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Current income taxes</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">588</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Asset valuation reserve</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,601</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,432</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,364</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,185</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Liabilities, exclusive of separate account liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">443,008</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">438,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,675,070</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,116,710</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Capital and surplus:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Common stock, $10 par value. Authorized, issued, and out</font><font style="font-family: inherit;">standing 200,000 shares at December&#160;31, 2019
                          and 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,000</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,000</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Additional paid-in capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,500</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,500</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Unassigned surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">96,836</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">149,246</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total capital and surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">171,336</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">223,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total liabilities and capital and surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,846,406</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,340,456</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">See accompanying notes to statutory financial statements.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z49007fbeb4ba47bca8a2cedb21b98732" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">6</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s47F5F4019A7B59A2849EE44F50AFF7FB"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Statutory Statements of Operations</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Years ended December&#160;31, 2019, 2018, and 2017</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands)</font></div>
            <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z599f3a42f62f44bda65c5bf4a34705c8" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:55%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Income:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums and annuity considerations</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">375,015</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">301,715</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">268,035</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Consideration for supplementary contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,904</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,117</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,273</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,421</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Commissions and expense allowances on reinsurance ceded</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">181</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">201</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">211</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Fees from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">68,960</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,602</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">74,868</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">24</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">465,926</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">402,908</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">384,949</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Benefits and other expenses:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policyholder benefits</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">33,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">26,024</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">30,967</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Surrenders</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">222,802</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">220,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">209,048</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in aggregate reserves and deposit funds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,503</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(35,379</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,740</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Commissions and other agent compensation</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">28,312</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">24,543</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,374</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">General and administrative expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">24,318</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,963</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,195</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">134,980</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">107,721</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">60,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total benefits and other expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">445,998</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">362,560</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">347,181</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Income from operations before income taxes and net realized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,928</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">40,348</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">37,768</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Income tax (benefit) expense</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(7,343</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(292</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,333</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net income from operations before net realized capital (loss)<br>
                          gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">27,271</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">40,640</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,435</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net realized capital (loss) gain, net of taxes and interest maintenance reserve</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(70,095</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,217</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(39,732</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net (loss) income </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(42,824</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
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                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">See accompanying notes to statutory financial statements.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="za5e353fd6b834f9a812624d4a8839fab" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">7</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
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                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
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          <hr style="page-break-after:always">
          <div><a name="s344D82D9E00259F88A3ACF772D85E376"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Statutory Statements of Capital and Surplus</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Years ended December&#160;31, 2019, 2018, and 2017</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands)</font></div>
            <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;"><font style="font-family: inherit;"><br>
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zd81b3985a11e4a80ab48c99291c2a6b7" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:57%;"><br>
                    </td>
                    <td style="width:2%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Capital and surplus at beginning of year</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">223,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">173,058</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">202,130</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Change in accounting principle, net of tax (Note 3)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,191</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Correction of errors, net of tax (Note 3)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,932</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Adjusted balance at beginning of year</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">223,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">176,249</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">205,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net (loss) income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(42,824</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in unrealized capital (loss) gain</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(8,937</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,410</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(21,209</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in net deferred income tax</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,356</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">332</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in nonadmitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,712</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(18,198</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,489</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other changes in capital and surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(1,293</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(904</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(440</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Capital and surplus at end of year</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">171,336</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">223,746</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">173,058</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">See accompanying notes to statutory financial statements.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit;"><br>
            </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z7099aca604b9452eb69b67385dcffbee" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">8</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s530F058951575E1A967A01A6AE36D207"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Statutory Statements of Cash Flow</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Years ended December&#160;31, 2019, 2018, and 2017</font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands)</font></div>
            <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z4c141242ab2941e6937e302de6d041ed" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:57%;"><br>
                    </td>
                    <td style="width:2%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash flows from operating activities:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Revenues:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums and annuity considerations, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">376,831</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">306,827</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">275,427</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">22,640</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">26,144</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,257</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">69,139</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,805</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">75,101</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash provided by operating activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">468,610</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">405,776</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">391,785</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Benefits and expenses paid:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Benefit and loss-related payments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">254,810</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">245,902</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">239,655</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Commissions, expenses paid, and aggregate write-ins for deductions</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">52,455</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">42,993</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,466</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">131,928</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">72,777</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">57,591</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Income tax paid (benefit received), net</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">753</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,281</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(248</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash used in operating activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">439,946</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">366,953</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">338,464</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net cash provided by operating activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">28,664</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">38,823</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">53,321</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash flows from investing activities:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Proceeds from investments sold, matured, or repaid:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">149,505</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">119,948</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">76,300</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Miscellaneous proceeds</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,006</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">758</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">6,834</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash provided by investing activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">150,511</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">120,706</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">83,134</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cost of investments acquired:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">100,701</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">123,799</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">108,338</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivatives</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">82,804</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9,152</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,869</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Miscellaneous applications</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10,550</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total cash used in investing activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">183,505</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">132,951</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">166,757</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net cash used in investing activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(32,994</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(12,245</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(83,623</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash flows from financing and miscellaneous activities:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Change in payable to parent and affiliates</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(1,308</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,895</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(323</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(988</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">421</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(279</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net cash (used in) provided by financing and miscellaneous activities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,296</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,316</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(602</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:68px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net (decrease) increase in cash and cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(6,626</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">28,894</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(30,904</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash and cash equivalents:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Beginning of year</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,639</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,745</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">49,649</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">End of year</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">41,013</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">47,639</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,745</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 20px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">See accompanying notes to statutory financial statements.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z620ca3d6568f43548761c9690ff4ca81" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">9</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s3DDB4DA04D805FE2914C6F06CF24B456"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="z2b557e54805f49958bfb773dda4435c6" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:36px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-weight: bold;">(1)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-weight: bold;">Organization and Nature of Operations</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Allianz Life Insurance Company of New York (the Company)</font><font style="font-family: inherit;">
            </font><font style="font-family: inherit;">is a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life), which is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA). AZOA is a wholly-owned subsidiary
              of Allianz Europe, B.V., which is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European company registered in Munich, Germany, and is the Company's ultimate parent.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company is a life insurance company licensed to sell annuity, group and individual life,
              individual long-term care (LTC), and group accident and health policies in six states and the District of Columbia. Based on statutory net premium written, the Company's business is predominately annuity. The annuity business consists of
              variable-indexed and variable annuities. Accident and health business consists principally of LTC insurance. The Company has discontinued selling fixed annuity, life, and LTC products. The Company's primary distribution channel is through
              broker-dealers.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">After evaluating the Company&#8217;s ability to continue as a going concern, management is not aware of
              any conditions or events which raise substantial doubts concerning the Company&#8217;s ability to continue as a going concern as of the date of filing these Statutory Financial Statements. </font></div>
          <div><a name="sBB6157A508B85D8DA92F964427CE80F4"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(2)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Summary of Significant Accounting Policies</font></div>
          <table cellspacing="0" cellpadding="0" id="z5ee3461a7db644aba6458b3864796f4c" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Basis of Presentation</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Statutory Financial Statements have been prepared in accordance with accounting practices
              prescribed or permitted by the New York State Department of Financial Services (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the
              financial condition and results of operations of an insurance company and its solvency under New York insurance law. The state of New York has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="font-family: inherit; font-style: italic;">Accounting Practices and Procedures Manual</font><font style="font-family: inherit;"> as its prescribed basis of statutory accounting principles (SAP). The state of New York has also adopted
              certain prescribed accounting practices that differ from those found in NAIC SAP. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from
              accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">The more significant of these differences are as follows:</font><font style="font-family: inherit;"> </font></div>
          <table cellspacing="0" cellpadding="0" id="zd3c4e9d736e24ba89f96cc4033d5aabb" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(1)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Acquisition costs, such as commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current
                      operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance contracts are capitalized and charged to operations as the corresponding revenues or future profits are
                      recognized.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z80d6a9ffcab34139a3a300c422e022fb" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(2)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Aggregate reserves for life policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions
                      without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zfc930d08d8a74948876aece8e40b1644" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(3)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Ceded reinsurance recoverable are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life
                      policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, these ceded reserves are presented on a gross basis as an asset.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z95d98b6911af47c499147e34debe9e7d" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(4)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Bonds are carried at values prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the
                      lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as &#8220;available-for-sale&#8221; are carried at fair value, with unrealized gains and losses recorded in stockholder&#8217;s equity.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zdb109114339c4c40be1d476b429fa914" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(5)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Changes in deferred income taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are recorded as an item of income tax
                      benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted
                      portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.</font></div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="za39f58a462bf4b51acc27ccb55b3e810" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">10</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="ze9d9bf8645f74efab22e184aa40c7150" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(6)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">The Company is required to establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides
                      for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains
                      and losses resulting from changes in the level of prevailing market interest rates and amortize them into income within the Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the
                      unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z2cd7961d5cd74447924e872cb57edc35" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;"> (7)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Certain assets designated as &#8220;nonadmitted assets&#8221; are not recognized and are charged directly to Unassigned surplus within the Statutory Statements
                      of Capital and Surplus.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">These include, but are not limited to</font><font style="font-family: inherit;">, furniture and fixtures, prepaid expenses,
                      receivables outstanding greater than 90&#160;days, negative IMR, and portions of DTAs. </font><font style="font-family: inherit;">There is no such concept under U.S. GAAP. </font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z546c3bb5760b4b22b410945ef0356fab" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(8)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">A provision is made for amounts ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct
                      charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S. GAAP.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z0241bc64eb994c2fabd72e8f496d644a" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(9)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Revenues for universal life policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the
                      Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as
                      revenues when earned.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z0118942d4a9e4251abb6d774e0929990" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(10)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Benefits for universal life policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist
                      of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in excess of the policyholder&#8217;s contract balance.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z4729b260596842ff9a1ac2d2fa9339fd" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(11)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Changes in the fair value of derivatives are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital
                      gains (losses) within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, changes in the fair value of derivatives are recorded in derivative income (loss) as part of operating income.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z14743a74fedb49848ec37a20f08dbdbd" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(12)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Commissions allowed by reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S.
                      GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zc569c03448ff4d6cafd493436c28b928" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(13)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">The Statutory Financial Statements do not include a statement of comprehensive income as required under U.S. GAAP.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z3117b20e533d4f11b73be69fb5cc3eb6" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(14)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">The Statutory Statements of Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided
                      from operating activities is not provided.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zc8b9d86278ca4ccf9579a5b29af3d44e" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(15)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">The calculation of reserves and transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method
                      (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zbabaf1785fe742d1bc5dd0a0e3b86190" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(16)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Sales inducements and premium bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets,
                      Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged
                      to operations as future profits are recognized in a manner similar to acquisition costs.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z7d33a4925ce34ffdbb82293a5ca86a70" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(17)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Negative cash balances are presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
                      These balances are presented as a liability under U.S. GAAP.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z7a851a89f1db4c72a38d3482d1b9fc11" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(18)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">Embedded derivatives are not separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must
                      separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.</font></div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z3b39e495af164cbba9e39652472332b4" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">11</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="z12b7794808da430d9160f3194d695708" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:108px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 72px;"><font style="font-family: inherit;">(19)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit;">For variable-indexed annuities, </font><font style="font-family: inherit;">the Department requires the Company to maintain a separate asset
                      portfolio to back related reserves. These assets and liabilities are required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets,
                      Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="z9b23022421e343858c3a1b6b4dc171b4" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Permitted and Prescribed Statutory Accounting Practices</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company is required to file annual statements with insurance regulatory authorities, which are
              prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as well as a variety of publications of the NAIC.
              Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a state, and may change in the future.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">.</font></div>
          <table cellspacing="0" cellpadding="0" id="z88d2538ee1c14feea0c412c20418233a" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Use of Estimates</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The preparation of Statutory Financial Statements in conformity with NAIC SAP requires management
              to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">and the
              reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
              used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.</font></div>
          <table cellspacing="0" cellpadding="0" id="zf76dec17545f4e7abb06cb9cbaeda3b4" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                </td>
                <td><br>
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                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Premiums and Annuity Considerations</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Life premiums are recognized as income over the premium paying period of the related policies.
              Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts or policies.</font></div>
          <table cellspacing="0" cellpadding="0" id="z00f7544d3f7f4bc6b1256c096fe088bb" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(e)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Aggregate Reserves for Life Policies and Annuity Contracts</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Reserves are principally calculated as the minimum reserves permitted by the state where the
              contract is issued for the year in which the contract is issued.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For the Company&#8217;s fixed annuity product lines, reserves are calculated using CARVM. The Company
              uses both issue year for fixed-indexed and change in fund basis for deferred fixed-interest annuities for the calculation method, on a continuous basis, using the maximum allowable interest rate. Deferred fixed-indexed and fixed-interest
              annuities only have a single-tier structure, which may include bonuses.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For the Company&#8217;s variable and variable-indexed annuity product lines, reserves are calculated
              using Actuarial Guideline XLIII &#8211; CARVM for Variable Annuities (AG43), for guaranteed benefits with adequacy confirmed using stochastic scenario testing. Variable deferred annuities include a wide range of guaranteed minimum death benefits
              and living benefits (income, accumulation, and withdrawal).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Aggregate reserves for life insurance policies are principally calculated using the Commissioners
              Reserve Valuation Method (CRVM). Additional reserves are held for supplemental benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial guidelines. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company performs an annual asset adequacy analysis as required by regulation covering
              substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth scenarios. Sensitivity tests, including policy
              lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">The results of
              these tests and analysis support the conclusion that no additional asset adequacy reserves are required or recorded at </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively. For the universal life business, the Department&#8217;s Regulation 147 &#8211; </font><font style="font-family: inherit; font-style: italic;">Valuation of Life
              Insurance Reserves</font><font style="font-family: inherit;"> stand-alone asset adequacy analysis was </font></div>
          <div><br>
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                        <div style="text-align: center;"><font style="font-family: inherit;">12</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
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          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">performed, which resulted in establishing additional reserves of </font><font style="font-family: inherit;">$100</font><font style="font-family: inherit;"> as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively.</font></div>
          <table cellspacing="0" cellpadding="0" id="zbae6383e1d5443339e960f0554fe1b62" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(f)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Aggregate Reserves for Accident and Health Policies</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For accident and health business, reserves consist of active life reserves (mainly reserves for
              unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the&#160;present value of amounts not yet due). Claim reserves represent incurred but unpaid claims under group policies.</font><font style="font-family: inherit;"> For the LTC business, the Department&#8217;s Regulation 56 &#8211; </font><font style="font-family: inherit; font-style: italic;">Minimum Reserves for Individual Accident and Health Insurance Policies</font><font style="font-family: inherit;"> stand&#8209;alone asset adequacy analysis was performed through a gross premium valuation. The testing under the &#8220;sound value&#8221; requirements resulted in establishing additional reserves of </font><font style="font-family: inherit;">$26,948</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$14,303</font><font style="font-family: inherit;"> as of </font><font style="font-family: inherit;">December 31,
              2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively.</font></div>
          <table cellspacing="0" cellpadding="0" id="z2ae53576ba3d47e2b6dd2ddb288ae53e" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(g)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Deposit-type Contracts</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Deposit-type contracts represent liabilities to policyholders in a payout status, who have chosen
              a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have insurance risk. The Company accounts for the contract
              as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
          <table cellspacing="0" cellpadding="0" id="ze9dd0ad8854743d0b746159acca4fdf6" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(h)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Policy and Contract Claims</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Policy and contract claims include the liability for claims reported but not yet paid, claims
              incurred but not yet reported (IBNR), and claim settlement expenses on the Company&#8217;s accident and health business. Actuarial reserve development methods are generally used in the determination of IBNR liabilities. In cases of limited
              experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim liabilities resulting from disability income or
              LTC benefits include interest and mortality discounting.</font></div>
          <table cellspacing="0" cellpadding="0" id="z26f7dbe911344f91aeacfbb7c8dcd992" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(i)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Reinsurance</font></div>
                </td>
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          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company cedes business to other insurers. </font><font style="font-family: inherit;">Reinsurance

              premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from reinsurers represent account
              balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in Other assets on the Statutory
              Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
          <table cellspacing="0" cellpadding="0" id="z72fdfa8084cf4965af9c7d1497cf6082" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(j)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Investments</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Investment values are determined in accordance with methods prescribed by the NAIC. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Bonds</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Securities Valuation Office (SVO) of the NAIC evaluates the credit quality of the Company&#8217;s
              bond investments. Bonds rated at &#8220;1&#8221; (highest quality), &#8220;2&#8221; (high quality), &#8220;3&#8221; (medium quality), &#8220;4&#8221; (low quality), or &#8220;5&#8221; (lower quality) are reported at cost adjusted for the amortization of premiums, accretion of discounts, and any
              impairment. Bonds rated at &#8220;6&#8221; (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory Statements of Capital and Surplus. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In accordance with its investment policy, the Company invests primarily in high-grade marketable
              securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Loan-backed securities and structured securities are amortized using anticipated prepayments, in
              addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company believes these assumptions are consistent with those a
              market participant would use. The Company recognizes income using the modified scientific method based on </font></div>
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                        <div style="text-align: center;"><font style="font-family: inherit;">13</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">prepayment assumptions and the estimated economic life of the securities.</font><font style="font-family: inherit;"> For structured securities, except impaired bonds, </font><font style="font-family: inherit;">when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to
              reflect actual payments to date and anticipated future payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations.</font><font style="font-family: inherit;"> For impaired
              bonds, </font><font style="font-family: inherit;">when adjustments are made for anticipated prepayments and other expected changes in future cash flows, the effective yield is recalculated using the prospective method as required by
              Statement of Statutory Accounting Principles (SSAP) No.&#160;43R &#8211; </font><font style="font-family: inherit; font-style: italic;">Loan Backed and Structured Securities</font><font style="font-family: inherit;"> (SSAP No.&#160;43R). </font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Hybrid securities are investments structured to have characteristics of both stocks and bonds. The
              Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Gross realized gains and losses are computed based on the average amortized cost of all lots held
              for a particular CUSIP. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The fair value of bonds </font><font style="font-family: inherit;">is obtained from third-party
              pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources used by the Company's internal and
              external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results of the IPV process are reviewed by
              the Company&#8217;s Pricing Committee.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Allianz Life reviews its entire combined investment portfolio, including the investment portfolios
              of the Company and all other subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For bonds for which the fair value is less than amortized cost, the Company evaluates whether a
              credit loss exists by considering primarily the following factors: (a)&#160;the length of time and extent to which the fair value has been less than the amortized cost of the security; (b)&#160;changes in the financial condition, credit rating, and
              near-term prospects of the issuer; (c)&#160;whether the issuer is current on contractually obligated interest and principal payments; (d)&#160;changes in the financial condition of the security&#8217;s underlying collateral, if any; and (e)&#160;the payment
              structure of the security. For loan-backed securities, the Company must allocate other-than-temporary impairments (OTTI) between interest and noninterest-related declines in fair value. Interest-related impairments are considered other than
              temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a prohibited disposal list that restricts the ability of the investment managers to sell securities in a
              significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain securities. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Impairments considered to be other-than-temporary are recorded as a reduction of the cost of the
              security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is subject to potential offset by AVR and IMR. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Cash and Cash Equivalents</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Cash and cash equivalents include cash on hand, demand deposits, and government money market
              funds. </font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Policy Loans</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Policy loans are supported by the underlying cash value of the policies. Policy loans are carried
              at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess of the cash surrender values of the related
              policies.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Receivables for Securities</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Receivables and payables for securities are carried at fair value on the trade date and represent
              a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are included in</font><font style="font-family: inherit;">
              Receivables for securities </font><font style="font-family: inherit;">and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font><font style="font-family: inherit;"> </font></div>
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                        <div style="text-align: center;"><font style="font-family: inherit;">14</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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              </font></div>
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              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(k)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Derivatives</font></div>
                </td>
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          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company utilizes derivatives within certain actively managed investment portfolios for hedging
              purposes.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-style: normal; font-weight: bold;">Futures and Options Contracts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company provides benefits through certain annuity products which are linked to the fluctuation
              of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has entered into over-the-counter (OTC) option contracts </font><font style="font-family: inherit;">and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these benefits. Management monitors in-force amounts as well as option and
              futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option and futures contracts as deemed appropriate or take other actions. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The OTC option contracts </font><font style="font-family: inherit;">are reported at fair value in
              Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to be reasonable via
              performing an IPV process. The process of deriving internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to
              calculate fair value prices for the derivatives.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the
              Statutory Statements of Operations. The liability for the related policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized
              gain or loss on open OTC option contracts is recognized as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Any unrealized gains or losses on open OTC option contracts are recognized as
              realized when the contracts mature (see Note&#160;5 for further discussion).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Futures contracts do not require an initial cash outlay, and the Company has agreed to daily net
              settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting variation margin payable or receivable is
              recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing market movements on the last trading day of
              the year.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Gains and losses are not considered realized until the termination or expiration of the futures
              contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains (loss). Realized gains and losses on futures
              contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In 2018, NAIC SAP issued an update to SSAP No. 86 &#8211; </font><font style="font-family: inherit; font-style: italic;">Derivatives </font><font style="font-family: inherit;">(SSAP No. 86) clarifying treatment of futures gains and losses, see Note 3 </font><font style="font-family: inherit;">for further discussion. In 2017, futures gains
              and losses are included in Net realized capital gain (loss) in the 2017 Statutory Statements of Operations.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Interest Rate Swaps and Total Return Swaps</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company utilizes interest rate swaps (IRS) and total return swaps (TRS) also to economically
              hedge market risks embedded in certain annuities. IRS and TRS contracts are reported at fair value in Derivative assets or Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair
              value of the IRS are derived using a third-party vendor software program and deemed by management to be reasonable. </font><font style="font-family: inherit;">Centrally cleared IRS fair values are obtained from the exchange on which they are
              traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains and losses on the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory
              Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are disposed at which time they are recorded as realized, subject to offset by IMR. </font><font style="font-family: inherit;"> </font></div>
          <div><br>
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                        <div style="text-align: center;"><font style="font-family: inherit;">15</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In March 2018, the Company changed its hedging strategy for certain variable annuities, which
              resulted in the sale of its IRS portfolio. See Note 5(f) for further details on the sale.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 42px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(l)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Income Taxes</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company files a consolidated federal income tax return with AZOA.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant to certain tax
              allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement.</font><font style="font-family: inherit;"> The Company </font><font style="font-family: inherit;">generally will be paid for the tax benefit of any of their tax attributes used by any member of the consolidated group.</font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;padding-left:72px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company provides for federal income taxes based on amounts the Company
              believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate deductibility of certain
              items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted Assets, Liabilities, and
              Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and circumstances regarding tax
              exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns. Information considered includes
              results of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company utilizes the asset and liability method of accounting for income taxes. DTAs and
              deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their
              respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the</font><font style="font-family: inherit;"> state of New
              York. </font><font style="font-family: inherit;">Changes in DTAs and DTLs, including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus. </font></div>
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                  <div style="line-height: 120%; padding-left: 42px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(m)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Separate Accounts</font></div>
                </td>
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          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Separate account assets and liabilities are primarily funds held for the exclusive benefit of
              variable and variable-indexed annuity contract holders for which investment income and investment gains and losses accrue directly to and the investment risk is borne by contract holders. Separate account assets are reported at fair value in
              accordance with SSAP No.&#160;56 &#8211; </font><font style="font-family: inherit; font-style: italic;">Separate Accounts</font><font style="font-family: inherit;"> (SSAP No.&#160;56)</font><font style="font-family: inherit;">, with the exception of certain
              bonds, cash, cash equivalents, and investment income due and accrued. Certain assets that are allocated to the index options for the Allianz Index Advantage New York Variable Annuity (VIA) are invested in bonds and cash equivalents and
              carried at amortized cost in accordance with the product filing requirements in the state of New York.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Amounts due from separate accounts primarily represent the difference between the surrender value
              of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the Company upon the
              surrender of the policy or contract by the policyholder or contract holder as of December&#160;31. Amounts charged to the contract holders for mortality and contract maintenance, and other administrative services fees are included in income within
              Fees from separate accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed
              and earned.</font></div>
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                        <div style="text-align: center;"><font style="font-family: inherit;">16</font><font style="font-family: inherit;">&#160;of 43</font></div>
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              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
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                  <div style="line-height: 120%; padding-left: 42px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(n)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Receivables</font></div>
                </td>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Receivable balances approximate estimated fair values. This is based on pertinent information
              available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables. </font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">Any balances
              outstanding more than 90&#160;days are nonadmitted on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
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                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Reclassifications</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Certain prior year balances have been reclassified to conform to the current year presentation.
              These reclassifications did not change total admitted assets, capital and surplus, or net income as previously reported.</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Accounting Changes</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit; font-style: italic;">Variable-Indexed Annuity Basic Adjusted Reserve Calculation</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">In 2018, the Company changed its methodology used to calculate the Basic Adjusted Reserve for
              variable-indexed annuities to utilize the guaranteed cap instead of the projected index option. The prior period impacts of the methodology change were recorded in 2018 and resulted in a pre-tax decrease of $4,040 to Policyholder liabilities
              for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus of $3,191 is recorded in Change in accounting principle, net of tax within
              the Statutory Statements of Capital and Surplus.</font></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:8px;padding-left:36px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Standards &#8211; Adopted</font><font style="font-family: inherit; font-style: italic; font-weight: bold;"> in </font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">2019</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Not applicable.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Recently Issued Accounting Standards &#8211; Adopted</font><font style="font-family: inherit; font-style: italic; font-weight: bold;"> in </font><font style="font-family: inherit; font-style: italic; font-weight: bold;">2018</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">In 2017, the NAIC adopted revisions to SSAP No. 86. These revisions clarify that variation margin
              changes should not be recognized as "settlement" until the derivative contract has terminated and instead should be recognized as an adjustment to the carrying value of the derivative contract as a separate asset or liability. The revisions
              are effective January 1, 2018 with prospective application. Upon adoption, the Company reflected a prospective change in variation margin for all futures contracts as unrealized until sale, maturity, or expiration, resulting in</font><font style="font-family: inherit;"> a pre-tax decrease of $7,969 to net income and no impact to surplus for the year ended December 31, 2018.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Recently Issued Accounting Standards &#8211; To Be Adopted</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">In 2016, the NAIC adopted revisions to SSAP No. 51R, Life Contracts and SSAP No. 54, Individual
              and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for principles based reserving for Life and Heath
              contracts. The Valuation Manual is part of the Department Regulation 213. Final adoption of the First Amendment to Regulation 213 was published February 2020 and provides the following revisions: 1) VM-20, Requirements for Principle-Based
              Reserves for Life Products, is effective January 1, 2020. However, an insurer may request a one-year delay in adopting this standard. The Company intends to submit such a request and adopt this update January 1, 2021 for business issued on or
              after this date. 2) VM-22, Statutory Maximum Valuation Interest Rates for Income Annuities, VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company
              does not issue these contracts. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">In August 2019, the NAIC adopted SSAP No. 22R, Leases. This revised standard is a substantive
              revision, reorganization, and clarification of SSAP No. 22. It also adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. The revisions are effective January 1, 2020 with
              early adoption permitted. The Company will adopt the amendment as of January 1, 2020 and does not expect an impact on net income or surplus as a result of adopting the revised standard.</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Corrections of Errors</font><font style="font-family: inherit; font-style: italic; font-weight: bold;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company records correction of errors in accordance with SSAP No.&#160;3 &#8211; </font><font style="font-family: inherit; font-style: italic;">Accounting Changes and Correction of Errors</font><font style="font-family: inherit;"> (SSAP No. 3). SSAP No.&#160;3 prescribes that the correction of errors in previously issued Statutory
              Financial Statements will be reported as an adjustment to capital and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">During 2017, the Company identified an error in its policy administration system whereby surrender
              charges were not properly calculated for certain variable annuities. The error resulted in a $1,695 pre-tax understatement of Policyholder liabilities for Life policies and annuity contracts, a $6,206 pre-tax understatement of Due from
              separate accounts, both within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and a corresponding after-tax $2,932 understatement of net income and capital and surplus in 2016. Policyholder liabilities for
              Life policies and annuity contracts and Due from separate accounts both within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and Correction of errors, net of tax within the Statutory Statements of Capital
              and Surplus have been adjusted in 2017 to correct for the prior period impact.</font></div>
          <div><a name="s8587E720CD965E7B8E139EC06BC9BBCF"></a></div>
          <div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> (4)&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Risk Disclosures</font><font style="font-family: inherit; font-weight: bold;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The following is a description of the significant risks facing the Company and how it attempts to
              mitigate those risks: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 0px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Credit Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Credit risk is the risk that issuers of fixed-income securities, or other parties with whom the
              Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in unexpected credit losses.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company mitigates this risk by adhering to investment policies and limits that provide
              portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The Company considers all relevant objective
              information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The aggregate credit risk is influenced by
              management&#8217;s risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For derivative counterparties, the Company mitigates credit risk by tracking and limiting exposure
              to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and monitoring the</font><font style="font-family: inherit;">
              credit default swaps (CDS) </font><font style="font-family: inherit;">of each counterparty as an early warning signal to cease trading when credit default swap spreads imply severe impairment in credit quality.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company executes Credit Support Annexes (CSA) with all active and new counterparties which
              further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a clearinghouse thereby transferring counterparty risk
              from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 0px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Credit Concentration Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Credit concentration risk is the risk of increased exposure to significant asset defaults (of a
              single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single jurisdiction) affecting credit.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company&#8217;s Finance Committee, responsible for asset/liability management (ALM) issues,
              recommends an investment policy to the Company&#8217;s Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset class. The investment policy and
              accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state statutes. </font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Compliance with the policy is monitored by the Finance Committee who is responsible for
              implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and, subsequently, the BOD review the investment policy at least annually. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">To further mitigate this risk, internal concentration limits based on credit rating and sector are
              established and are monitored regularly</font><font style="font-family: inherit;"> by Allianz Life on a consolidated basis. </font><font style="font-family: inherit;">Any ultimate obligor group exceeding these limits is placed on a
              restricted list to prevent further purchases, and the excess exposure may be actively sold down to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further,
              the Company performs a quarterly concentration risk calculation to ensure compliance with</font><font style="font-family: inherit;"> the State of New York basket clause.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Liquidity Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Liquidity risk is the risk that unexpected timing or amounts of cash needed will require
              liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual guarantees. Liquidity risk also includes the
              risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be affected by the maturity of liabilities, the presence of withdrawal penalties, the breadth of funding sources,
              and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are cancelable. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company manages liquidity within four specific domains: (1) monitoring product development,
              product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company&#8217;s derivative dynamic economic hedging activities; and (4) establishing</font><font style="font-family: inherit;"> a liquidity facility with Allianz Life to provide additional liquidity. </font><font style="font-family: inherit;">The Company has established liquidity risk limits, which are approved by the Company&#8217;s Risk
              Committee, and the Company monitors its liquidity risk regularly.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Interest Rate Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Interest rate risk is the risk that movements in interest rates or interest rate volatility will
              cause a decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has an ALM strategy to align cash flows and duration of the investment portfolio with
              policyholder liability cash flows and duration. </font><font style="font-family: inherit;">Allianz Life monitors the economic and accounting impacts of interest rate stress scenarios on assets and liabilities on a consolidated basis
              regularly and on the Company's specific basis periodically.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(e)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-style: italic; font-weight: bold;">Equity Market Risk</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Equity market risk is the risk that movements in equity prices or equity volatility will cause a
              decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Variable annuity products may provide a minimum guaranteed level of benefits irrespective of
              market movements. The Company has adopted an economic hedging program to manage the equity risk of these products. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Allianz Life </font><font style="font-family: inherit;">monitors the impacts of equity stress
              scenarios on assets and liabilities</font><font style="font-family: inherit;"> on a consolidated basis regularly and on the Company&#8217;s specific basis periodically.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Basis risk is the risk that variable annuity hedge asset value changes unexpectedly relative to
              the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company&#8217;s inability to directly hedge the underlying investment options of the variable annuity contracts. The Company
              regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.</font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Operational Risk</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Operational risk is the risk of loss resulting from inadequate or failed internal processes and
              systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories: </font></div>
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                <table cellspacing="0" cellpadding="0" id="z8421ec0f1ee44b37b1bd10462b63f76d" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">19</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">(1) external fraud; (2) internal fraud; (3) employment practices and workplace safety; (4)
              clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is comprehensively managed through a
              combination of core qualitative and quantitative activities. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Operational Risk Management framework includes the following key activities: (1) an
              Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) loss data capture to create transparency and gather information about losses that
              meet a designated threshold. Business owners are required to identify and resolve the root cause of operational loss events; and (3) an integrated risk and control system, a bottom-up risk assessment process for significant operational risk
              scenarios, to proactively manage significant operational risk scenarios throughout the organization. </font></div>
          <table cellspacing="0" cellpadding="0" id="z16e49018c9b04d2689c272b24e3d3dab" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(g)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Regulatory Change Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Regulatory change risk is the risk that regulatory changes and imposed regulation, including tax
              law changes, may materially impact the Company's business model, sales levels, and ability to effectively comply with regulations. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company actively monitors all regulatory changes and participates in national and
              international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process exists to review, analyze, and implement new
              legislation as it is enacted. </font></div>
          <table cellspacing="0" cellpadding="0" id="ze1264331368d4a678ef3b4b2a889080a" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(h)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Rating Agency Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Rating agency risk is the risk that rating agencies change their outlook or rating of the Company</font><font style="font-family: inherit;">. </font><font style="font-family: inherit;">The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of changes in
              these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the impact of
              significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk.</font><font style="font-family: inherit;"> </font></div>
          <table cellspacing="0" cellpadding="0" id="zcafe526c37694ff886fb30d116665711" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(i)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Mortality/Longevity Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Mortality/longevity risk is the risk that mortality experience is different than the life
              expectancy assumptions used by the Company to price its products. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company mitigates mortality risk primarily through reinsurance, whereby the Company cedes a
              significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through the review of life expectancy assumptions and
              experience in conjunction with active product management. </font></div>
          <table cellspacing="0" cellpadding="0" id="z2cd3684043e2482e80d0555b3e678f88" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(j)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Lapse Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Lapse risk is the risk that actual lapse experience evolves differently than the assumptions used
              for pricing and valuation exercises leading to a significant loss in Company value and/or income. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company mitigates this risk by performing sensitivity analysis at the time of pricing to
              affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as experience evolves. Policyholder experience is monitored
              regularly.</font></div>
          <table cellspacing="0" cellpadding="0" id="zbe53ed3216914e4587a32051d0aa9201" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(k)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Cyber Security Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Cyber security risk is the risk of losses due to external and/or internal attacks impacting the
              confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery measures including firewalls, intrusion detection
              and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z1be669df6a304f1e88e50b625b1335c8" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">20</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">laptop encryption, web content filtering, web application firewalls, and regular scanning of all
              servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access. </font></div>
          <table cellspacing="0" cellpadding="0" id="z544d85121c5b471182409c7d623d4fee" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 48px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(l)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Reinsurance Risk</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Reinsurance risk is the risk that reinsurance companies default on their obligation where the
              Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Reinsurance contracts do not relieve the Company from its obligations to policyholders. Failure of
              reinsurers to honor their obligations could result in losses to the Company. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company mitigates this risk by requiring certain counterparties to meet thresholds related to
              the counterparty&#8217;s credit rating, exposure, or other factors. If the thresholds are not met by those counterparties, they are required to establish a trust or letter of credit backed by assets meeting certain quality criteria. All
              arrangements are regularly monitored to determine whether trusts or letters of credit are sufficient to support the ceded liabilities and that their terms are being met. Also, the Company reviews the financial standings and ratings of its
              reinsurance counterparties and monitors concentrations of credit risk to minimize its exposure to significant losses from reinsurer insolvencies regularly.</font></div>
          <div><a name="s3D0426EB02E25B1B85FC363770802A17"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(5)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Investments</font></div>
          <table cellspacing="0" cellpadding="0" id="z75f6f193cd0d468fb70fd655968372bf" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Bonds and Other Assets Receiving Bond Treatment</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px; text-indent: 0px;"><font style="font-family: inherit;">At December&#160;31, the amortized cost, gross unrealized gains, gross unrealized
              losses, and fair values of investments</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">are shown below:</font><font style="font-family: inherit;"> &#160;&#160;&#160;&#160;</font>
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8b9d63b1d04e418eaf0b7817135573d4" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:40%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="12">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Amortized cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Gross unrealized gains</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Gross unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">U.S. government</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">70,170</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">432</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">77</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">70,525</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">States and political subdivisions</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,092</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">686</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,778</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Corporate securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">338,916</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">31,107</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">370,013</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Mortgage-backed securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">138,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,194</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">143,880</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:68px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">37,419</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">89</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">592,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z5df8cdb1245c44099f7e84e566f70e32" style="font-family:Times New Roman;font-size:10pt;width:90.49049049049049%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:40%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="12">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Amortized cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Gross unrealized gains</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Gross unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">U.S. government</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">93,112</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">291</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">292</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">93,111</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">States and political subdivisions</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,419</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">265</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">161</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,523</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Corporate securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">352,166</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9,285</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,514</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">353,937</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Mortgage-backed securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">151,065</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">700</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,230</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">149,535</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:68px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">603,762</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10,541</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10,197</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">604,106</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">At </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the Company did not have NAIC-6 rated bonds. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">At </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">the Company did not have any hybrid securities</font><font style="font-family: inherit;">.
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, investments with a statement value of </font><font style="font-family: inherit;">$1,667</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$1,672</font><font style="font-family: inherit;">, respectively were held on deposit as required by statutory regulations. </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z1f8fba0299e741b2a1020c5fe4d6cfcd" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">21</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The amortized cost and fair value of bonds and other assets receiving bond treatment reported in
              the statutory Annual Statement Schedule D Part 1A at</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">by contractual maturity, are shown below:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="ze26dde69a5074e2baaeb1f852a5ba4e8" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:58%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Amortized cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Due in 1 year or less</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">26,348</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">26,647</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Due after 1 year through 5 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">191,538</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">196,223</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Due after 5 years through 10 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">97,396</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">104,272</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Due after 10 years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">100,896</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">121,173</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Loan-backed and other structured securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">138,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">143,881</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total bonds and other assets receiving bond treatment</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">592,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Expected maturities will differ from contractual maturities, because borrowers may have the right
              to call or prepay obligations with or without call or prepayment penalties.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Proceeds from sales of bonds includes sales, maturities, paydowns, and other redemptions of bonds
              and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zca292460d1634aaab1dcd013eeffac9c" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:52%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Proceeds from sales</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">149,505</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">119,948</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">76,300</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Gross gains</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,314</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">299</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">128</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Gross losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">481</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,061</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">177</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">For the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, there were </font><font style="font-family: inherit;">7</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">6</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of
              investment income generated as a result of these transactions was</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$212</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$204</font><font style="font-family: inherit;"> for </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company&#8217;s bond portfolio includes mortgage-backed securities. Due to the high quality of these
              investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.</font></div>
          <table cellspacing="0" cellpadding="0" id="z0cb240613e0b4074a13a6f28e91c56cc" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Unrealized Investment Losses</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">To determine whether or not declines in fair value are other than temporary, Allianz Life performs
              a quarterly review of its entire combined investment portfolio, including the Company as their subsidiary, using quoted market prices by third-party sources. For further discussion, see Notes 2 and 6.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Unrealized losses and the related fair value of investments held by the Company for the years
              ended December 31 are shown below: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z9a5d00baf92a47929fd6b141791efe93" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="19"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:29%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="18">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">12 months or less</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Greater than 12 months</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Bonds:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">U.S. government</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">12,753</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">77</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">12,753</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">77</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Corporate securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">495</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">273</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">768</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Mortgage-backed securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,011</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,011</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Total temporarily impaired securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">15,259</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">81</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">273</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">15,532</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">89</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zd5e0994063f645c5b0b831edfd0bde07" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">22</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zc380e3ac1ae94df596c21ad8c88f4f78" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="19"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:29%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="18">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">12 months or less</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Greater than 12 months</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Unrealized losses</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Bonds:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">U.S. government</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">40,522</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">144</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">7,806</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">148</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">48,328</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">292</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">States and political subdivisions</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,278</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">161</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,278</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">161</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Corporate securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">154,286</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,658</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">41,844</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,856</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">196,130</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">7,514</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Mortgage-backed securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">70,164</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">848</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">35,931</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,382</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">106,095</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,230</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Total temporarily impaired securities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">269,250</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">5,811</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">85,581</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,386</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">354,831</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">10,197</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the number of bonds that were in an unrealized loss position was </font><font style="font-family: inherit;">6</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">145</font><font style="font-family: inherit;">, respectively.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, of the total amount of unrealized losses, </font><font style="font-family: inherit;">$80</font><font style="font-family: inherit;">, or </font><font style="font-family: inherit;">90.4%</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$9,824</font><font style="font-family: inherit;">, or </font><font style="font-family: inherit;">96.3%</font><font style="font-family: inherit;">, respectively, are related to unrealized losses on investment grade securities. </font><font style="font-family: inherit;">Investment grade is defined as a
              security having an NAIC SVO credit rating of 1 or 2. Unrealized losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met,
              management continues to expect all contractual cash flows to be received and does not consider these investments to be other-than-temporarily impaired. </font></div>
          <table cellspacing="0" cellpadding="0" id="z4ea815791c4449f8a63885544b906e0c" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Realized Investment Gains (Losses)</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Net realized capital gains (losses) for the years ended December&#160;31 are shown below:</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z353094bbc5824f50a8c6e9b3b83264f0" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:54%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">784</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,125</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(306</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivatives</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(70,151</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(37,022</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(21,508</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">27</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">55</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total realized capital losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(69,363</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(39,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(21,759</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Income tax (expense) benefit on net realized losses</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(118</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">335</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">223</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total realized capital losses, net of taxes</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(69,481</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(38,785</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(21,536</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net gains (losses) transferred to IMR, net of taxes</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">614</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(46,002</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net realized (losses) gains, net of taxes and IMR</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(70,095</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,217</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(39,732</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <table cellspacing="0" cellpadding="0" id="z0bd1d1ec3b2a4a7b8e58ca2777de9dfa" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Net Investment Income</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Major categories of net investment income for the years ended December&#160;31 are shown below:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zd15e19708f53415183d6ca24903c0628" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:53%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Interest:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">21,636</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">22,183</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,972</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policy loans</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">13</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(12</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">22</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Cash, cash equivalents, and short-term investments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">686</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">779</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">278</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivatives</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">990</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9,837</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">52</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">30</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">35</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Gross investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">22,387</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,970</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,144</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Investment expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(974</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(691</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(847</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net investment income before amortization of IMR</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">21,413</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,279</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">33,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Amortization of IMR</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(1,547</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,124</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net investment income</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">19,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">23,273</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">34,421</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zc8cc5b4cd29e4928bbe48f2c1aaa0157" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">23</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="zaf1ced2154c74bc884fa77b95243864b" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(e)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Loan-Backed Securities</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">SSAP No.&#160;43R requires the bifurcation of impairment losses on loan-backed or structured securities
              into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis of the security. The interest portion is
              the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company had no loan-backed securities with a recognized OTTI for the years ended</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">.</font></div>
          <table cellspacing="0" cellpadding="0" id="zcf690d208b9d49b7968d8bb12769e950" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(f)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Derivatives and Hedging Instruments </font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 73px;"><font style="font-family: inherit;">The Company does not have derivative contracts with financing premium.</font><font style="font-family: inherit;"> Derivatives held by the Company do not qualify for hedge accounting treatment. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In March 2018, the Company changed its hedging strategy for certain variable annuities, which
              resulted in the sale of its IRS portfolio. As a result of the sale, the Company recorded a realized loss of $56,161 that was offset by IMR of $44,367 and a tax benefit of $11,794. The sale resulted in a negative IMR balance that was
              reclassified to an asset and fully nonadmitted.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In September 2017, the Company restriked a portion of its IRS portfolio that hedges variable
              annuity liabilities. The restrike transaction included selling a portion of the Company's IRS portfolio to consolidate its net positions. As a result of this transaction, net gains of $28,282, fully offset by taxes and IMR, were recorded
              within the Net realized capital losses, net of taxes and IMR on the Statutory Statements of Operations.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Futures and Options Contracts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">OTC options</font><font style="font-family: inherit;"> are cleared through the Options Clearing
              Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures and </font><font style="font-family: inherit;">OTC options</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">are discussed in the derivative collateral management section below.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Interest Rate Swaps</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company can receive the fixed or variable rate; IRS are traded in varying maturities. The fair
              values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Total Return Swaps</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company engages in the use of OTC TRS, </font><font style="font-family: inherit; background-color: #ffffff;">which allow the parties to exchange cash flows based on a variable reference rate such as the three-month LIBOR and the return of an underlying index. </font><font style="font-family: inherit;">The fair value of
              the collateral posted for OTC TRS is discussed in the derivative collateral management section below.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The following table presents a summary of the aggregate notional amounts and fair values of the
              Company&#8217;s derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31</font><font style="font-family: inherit;">: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zc2796be3d47143c29d941ea2ee6bfff5" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="21"><br>
                    </td>
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                    <td style="width:28%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="10">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="6">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Gross Fair Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Gross Fair Value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Notional </font><font style="font-family: inherit; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Notional </font><font style="font-family: inherit; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Liabilities</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">OTC options</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">194,850</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">123,225</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Futures</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">238,907</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">336,519</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">TRS</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">8,000</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">14,000</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Total derivative instruments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(174</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="21">
                      <div style="font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font><font style="font-family: inherit;">&#160;Notional amounts are presented on an absolute basis.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zfebaa55a68094651b9e27862d39a88c4" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">24</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Derivative Collateral Management</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company manages derivative collateral for the general account and separate account combined
              and separate collateral for exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, had a fair value of </font><font style="font-family: inherit;">$24,773</font><font style="font-family: inherit;">
              and </font><font style="font-family: inherit;">$55,551</font><font style="font-family: inherit;">, respectively, </font><font style="font-family: inherit;">and is included in Bonds on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but the collateral resides in an account designated by the exchange. The collateral is subject to specific
              exchange rules regarding rehypothecation.</font><font style="font-family: inherit;"> The Company had no collateral posted for OTC derivatives as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">. </font><font style="font-family: inherit;">The Company posts collateral to OTC counterparties based upon exposure amounts. The
              Company retains ownership of the OTC collateral.</font></div>
          <table cellspacing="0" cellpadding="0" id="z666e9dea60344fe494eb23a7c55d9900" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(g)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Offsetting Assets and Liabilities</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company elects to disclose derivative assets and liabilities eligible for offset under SSAP
              No.&#160;64 &#8211; </font><font style="font-family: inherit; font-style: italic;">Offsetting and Netting of Assets and Liabilities</font><font style="font-family: inherit;"> on a gross basis on the Statutory Statements of Admitted Assets, Liabilities,
              and Capital and Surplus in accordance with the provisions set forth in SSAP No.&#160;86. This treatment is consistent with the Company&#8217;s historical reporting presentation.</font></div>
          <table cellspacing="0" cellpadding="0" id="zf6e32d4865474833a7241b4924eecb4f" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(h)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Restricted Assets</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 73px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">the Company had the following restricted assets, including assets pledged to others as collateral:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 73px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z15c1ea496e8f4972bf6bbe9f8251eec4" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="20"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:25%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Gross Restricted</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="5">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Percentage</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total general account</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total from prior year</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Increase (decrease)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total current year admitted restricted</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Gross restricted to total assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Admitted restricted to total admitted assets</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">On deposit with states</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,667</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,672</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(5</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,667</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Derivative collateral</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">24,310</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">55,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(31,259</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">24,310</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Total restricted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">25,977</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">57,241</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(31,264</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">25,977</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><a name="sB5E79CB49CEF5539BA541E0D5CF8475F"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(6)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Fair Value Measurements</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">SSAP No. 100R &#8211; </font><font style="font-family: inherit; font-style: italic;">Fair Value</font><font style="font-family: inherit;"> establishes a fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 109px; text-indent: -74px;"><font style="font-family: inherit;">Level&#160;1 &#8211; Unadjusted quoted prices for identical assets or liabilities in
              active markets that the Company has the ability to access at the measurement date.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 109px; text-indent: -74px;"><font style="font-family: inherit;">Level&#160;2 &#8211; Valuations derived from techniques that utilize observable inputs,
              other than quoted prices included in Level&#160;1, which are observable for the asset or liability either directly or indirectly, such as:</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 145px; text-indent: -36px;"><font style="font-family: inherit;">(a) Quoted prices for similar assets or liabilities in active markets. </font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 145px; text-indent: -36px;"><font style="font-family: inherit;">(b) Quoted prices for identical or similar assets or liabilities in markets
              that are not active.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 145px; text-indent: -36px;"><font style="font-family: inherit;">(c) Inputs other than quoted prices that are observable.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 145px; text-indent: -36px;"><font style="font-family: inherit;">(d) Inputs that are derived principally from or corroborated by observable
              market data by correlation or other means.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 108px; text-indent: -72px;"><font style="font-family: inherit;">Level&#160;3 &#8211; Valuations derived from techniques in which the significant inputs
              are unobservable. Level&#160;3 fair values reflect the Company&#8217;s own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company has analyzed the valuation techniques and related inputs, evaluated its assets and
              liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z353e182ef8c14dfc849baae9c98d049d" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">25</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">market inputs. Based on the results of this evaluation and investment class analysis, each
              financial asset and liability was classified into Level&#160;1, 2, or 3.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The following presents the assets and liabilities measured at fair value on a recurring basis and
              their corresponding level in the fair value hierarchy at</font><font style="font-family: inherit;"> December&#160;31: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zaa59f1b2eaae481aa2bb6720120f10e6" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:28%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="12">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 2 </font><font style="font-family: inherit; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-style: italic;">Assets at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,295,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">125,436</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,421,145</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total assets reported at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,295,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">125,719</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,421,428</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-style: italic;">Liabilities at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Separate account derivative liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">51,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">51,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total liabilities reported at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">51,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">51,037</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 13px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="14">
                      <div style="text-align: justify; padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></font><font style="font-family: inherit;">&#160;The
                          Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within this table.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z08eb711ae1104b15931e9ece513fbcb9" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="15"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:28%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:0%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="13">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 2</font><font style="font-family: inherit; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;(a)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-style: italic;">Assets at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,128,031</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,846</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,139,877</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total assets reported at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,128,031</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">12,036</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,140,067</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-style: italic;">Liabilities at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Derivative liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Separate account derivative liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">36,644</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">36,644</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">36,644</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total liabilities reported at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">36,818</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">36,818</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="15">
                      <div style="text-align: justify; padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></font><font style="font-family: inherit;">&#160;The
                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The following is a discussion of the methodologies used to determine fair values for the assets
              and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability).</font><font style="font-family: inherit;">
              The Company has not made changes to valuation techniques in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">. </font></div>
          <table cellspacing="0" cellpadding="0" id="z9ad2640952aa404c8934e3b51f7c463b" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Valuation of Derivatives</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Active markets for OTC options do not exist. The fair value of OTC options is derived internally,
              by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario calibrator, and the actual asset pricing
              calculator. The valuation results are reviewed by Management via the Pricing Committee.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">OTC options that are internally priced</font><font style="font-family: inherit;"> and IRS are included in Level&#160;2, because they use market observable inputs. TRS are included in Level&#160;3 because they use valuation techniques in which significant inputs are unobservable.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">The fair value of futures is based on quoted market prices and are generally included in Level&#160;1.</font><font style="font-family: inherit;"> </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zd3b24266867d4547962f0c8b792b3e7f" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">26</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Certain derivatives are priced using external third-party vendors. The Company has controls in
              place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for reasonableness at the position level on a
              monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis.</font></div>
          <table cellspacing="0" cellpadding="0" id="z4b50b63d36be4d2ea409bdbb2d3ac9f2" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Valuation of Separate Account Assets and Separate Account Derivative Liabilities</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;padding-left:72px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">Separate account assets and Separate account derivative liabilities, with the
              exception of certain bonds, cash, cash equivalents and investment income due and accrued, </font><font style="font-family:inherit;font-size:10pt;">are carried at fair value, which is based on the fair value of the underlying assets. Funds in
              the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are included in Level&#160;1 because
              their fair value is based on quoted prices in active, observable markets.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">The remaining investments are categorized similar to
              the investments held by the Company in the general account (e.g., if the separate account invested in bonds, short-term investments and derivatives, that portion could be classified within Level&#160;2 or Level&#160;3).</font><font style="font-family: inherit;"> Certain b</font><font style="font-family:inherit;font-size:10pt;">onds, cash and cash equivalents, along with related accrued investment income and receivables, carried at amortized cost within the separate account have an
              amortized cost of </font><font style="font-family:inherit;font-size:10pt;">$810,917</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$538,087</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, respectively, and a fair value of </font><font style="font-family:inherit;font-size:10pt;">$843,261</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$523,900</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December


              31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, respectively. Separate account assets carried at
              amortized cost are included in the table in section 6(g) below. </font></div>
          <table cellspacing="0" cellpadding="0" id="z7299c361cebe4da5bd9c6bd7b1ca23dc" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Level&#160;3 Rollforward</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The following table provides a reconciliation of the beginning and ending balances for the
              Company&#8217;s Level&#160;3 assets and liabilities measured at fair value on a recurring basis:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z58d33939089540429a31696444ce30ea" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="16"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:21%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">January 1, 2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Transfers into<br>
                          Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Transfers out<br>
                          of Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Total gains<br>
                          and (losses)<br>
                          included in<br>
                          Net Income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Total gains<br>
                          and (losses)<br>
                          included in<br>
                          Surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Purchases, issuances, sales and settlements</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">December&#160;31, 2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">TRS asset</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,182</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,182</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Total Level 3 assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,182</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,182</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">TRS liability</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,827</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,827</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Total Level 3 liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,827</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,827</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zd53b6b927239476a9aa2feb303c5c902" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="16"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:21%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">January 1, 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Transfers into<br>
                          Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Transfers out<br>
                          of Level 3</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Total gains<br>
                          and (losses)<br>
                          included in<br>
                          Net Income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Total gains<br>
                          and (losses)<br>
                          included in<br>
                          Surplus</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">Purchases, issuances, sales and settlements</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit;">December&#160;31, 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">TRS asset</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,871</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(2,871</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Total Level 3 assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,871</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(2,871</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 14px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">TRS liability</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Total Level 3 liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <table cellspacing="0" cellpadding="0" id="z53b0f72db071449c9a7a231ed421b18e" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Transfers</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company reviews its fair value hierarchy classifications annually. Transfers between levels
              occur when there are changes in the observability of inputs and market activity. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit;">For the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the Company did not have any transfers into or out of Level 3.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z0f145817e21242558e512a42251ffc1f" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">27</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="zed44c5b5559540038db97bed30a25cb8" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(e)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Sensitivity of Fair Value Measurements to Changes in Unobservable Inputs</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Bonds:</font><font style="font-family: inherit;"> The primary unobservable
              input used in the discounted cash flow model is a corporate index option adjusted spread (OAS).</font><font style="font-family: inherit;"> The corporate index OAS used is based on a security's sector, rating, and average life. A significant
              increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 73px;"><font style="font-family: inherit; font-weight: bold;">Derivative assets and liabilities: </font><font style="font-family: inherit;">The

              TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable input would generally include the
              spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used
              in the fair value of the TRS in isolation could result in lower (higher) fair value.</font></div>
          <table cellspacing="0" cellpadding="0" id="z8a454282f92d4d6ea36c400862993285" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(f)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Estimates</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has been able to estimate the fair value of all financial assets and liabilities.</font><font style="font-family: inherit;"> </font></div>
          <table cellspacing="0" cellpadding="0" id="z9ee7ed29197a42f9b706395c8cea7890" style="padding-top:0px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(g)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Aggregate Fair Value of Financial Instruments</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The following tables present the carrying amounts and fair values of all financial instruments at</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></font><font style="font-family: inherit;">:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zd0f0ce1b23b34beb853d77cb5e6c3af8" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="17"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:25%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="15">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair Value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Aggregate Fair Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Admitted Assets/<br>
                          Carrying Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 3</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit; font-style: italic;">Financial Assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">592,196</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">554,866</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">70,525</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">521,671</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,050</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,050</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,050</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">283</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,264,406</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,320,888</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">943,518</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit; font-style: italic;">Financial Liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Deposit-type contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,176</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,604</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">4,176</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Other investment contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">519,727</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">397,644</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">519,727</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Separate account liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,264,406</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,232,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,320,888</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">943,518</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="17">
                      <div style="text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></font><font style="font-family: inherit;">&#160;The

                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zdedff3f9b6c84455bb67a608384c394f" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="17"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:25%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="15">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Fair Value</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Aggregate Fair Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Admitted Assets/<br>
                          Carrying Value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Level 3</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit; font-style: italic;">Financial Assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Bonds</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">604,106</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">603,762</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">93,112</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">510,994</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Cash equivalents</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,239</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,239</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">43,239</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Derivative assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">190</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Separate account assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,663,777</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,142,943</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">520,834</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit; font-style: italic;">Financial Liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Deposit-type contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,163</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,879</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,163</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Other investment contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">564,551</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">415,179</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">564,551</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Derivative liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">174</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Separate account liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,663,777</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,677,964</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">2,142,943</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">520,834</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 12px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="17">
                      <div style="text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></font><font style="font-family: inherit;">&#160;The

                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z61f7916a375948318a53ea7bd9374310" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">28</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">A description of the Company&#8217;s valuation techniques for financial instruments not reported at fair
              value and categorized within the fair value hierarchy is shown below:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Valuation of Bonds</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The fair value of bonds is based on quoted market prices in active markets when available. Based
              on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are utilized to determine what a buyer in
              the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order of priority, include, but are not
              limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer quotes, issuer spreads, two-sided
              markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing models may be used that are based
              on market proxies.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Generally, U.S. Treasury securities and exchange-traded stocks are included in Level&#160;1. Most bonds
              for which prices are provided by third-party pricing sources are included in Level&#160;2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds without active trading markets and
              private placement securities that are internally priced are included in Level&#160;3.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Valuation of Cash Equivalents</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Cash equivalents are comprised of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">money market mutual funds</font><font style="font-family: inherit;">. </font><font style="font-family: inherit;">The fair value of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">money market mutual funds</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">is based on quoted market prices in active markets and included in Level 1</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Valuation of Deposit-Type Contracts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Fair values of deposit-type contracts are based on discounted cash flows using internal inputs,
              including the discount rate and consideration of the Company&#8217;s own credit standing and a risk margin for actuarial inputs.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Valuation of Other Investment Contracts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Other investment contracts are included within Life policies and annuity contracts within the
              Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include life contingencies, but do not have
              significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit standing and a risk margin for
              market inputs.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit; font-weight: bold;">Valuation of Separate Account Liabilities</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In accordance with SSAP No.&#160;56, the fair value of separate account liabilities is set to equal the
              fair value of separate account assets.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z32364e94c5d94079824c8f3905cf41fd" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">29</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="sB172B364858A5E5E92114A58A1A6491A"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <table cellspacing="0" cellpadding="0" id="z1fb9e972e2054238bb488684d51cab40" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:36px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-weight: bold;">(7)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-weight: bold;">Income Taxes</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zb4cb19f525064fe2b268c46ff914a167" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Deferred Tax Assets and Liabilities</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The components of the net DTA or net DTL are as follows:</font><font style="font-family: inherit;">
            </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z51e4ab0ca80541beb0741f1289eca7b1" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,500</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,510</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,500</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11,510</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(5,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">6,417</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">6,427</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,307</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z3bf55b0bf6c74db5b6f7da942ec0b897" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,674</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,674</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(409</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(409</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,160</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,265</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,976</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,081</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z5e0ec87e5e1d4919bbddd75810b6be86" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,931</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,836</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,931</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,836</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(4,674</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(4,674</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(743</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(838</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Deferred tax liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Net admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,321</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,226</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zee970260295146d7a6830ed1ff1c1bc8" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">30</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;"><font style="font-family: inherit;">The amount of admitted adjusted gross DTAs allowed under each component of SSAP No.&#160;101 &#8211; </font><font style="font-family: inherit; font-style: italic;">Income Taxes</font><font style="font-family: inherit;"> (SSAP No. 101) as of December 31 are as follows:</font><font style="font-family: inherit;"> </font>
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z3f35f3457dee42bab8000df0e482743d" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized after application of the threshold limitations</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">25,054</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,297</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,417</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,427</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z7787522d1f094da8aeae2fae1530535a" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized after application of the threshold limitations</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,976</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,081</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">33,100</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,976</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,081</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,160</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,265</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zbfc368a05c7c4e64b8733f68ba0ce2b3" style="font-family:Times New Roman;font-size:10pt;width:88.88888888888889%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized after application of the threshold limitations</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,321</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(105</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,216</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit;">N/A</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(8,046</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,321</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(105</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,216</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(743</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(838</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z4488fe4cba794810881d103a39382517" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">31</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 108px; text-indent: -36px;"><font style="font-family: inherit;">Ratios used for threshold limitation as of December 31 are as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z66ccfa49cc6444c18413e91f5e803653" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="10"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:50%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:15%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December 31</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Ratio percentage used to determine recovery period and threshold limitation amount</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,467</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1,584</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(117</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Amount of adjusted capital and surplus used to determine recovery period threshold limitation</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">167,029</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">220,666</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(53,637</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">Impact of tax planning strategies on the determination of net admitted adjusted gross DTAs is as
              follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z525252c8bf8643f1a8263705b75b5847" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="9"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z2add7be6b79d41f6b8a5c77599db249d" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="9"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z248721d4fb27413f983e92e6697db015" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="9"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="8">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Ordinary</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Capital</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">Total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(100.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company&#8217;s tax planning strategies do not include the use of reinsurance.</font></div>
          <table cellspacing="0" cellpadding="0" id="zd904bcb3773c471bbf469db051d11eee" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Unrecognized Deferred Tax Liabilities</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">There are no temporary differences for which DTLs are not recognized.</font></div>
          <table cellspacing="0" cellpadding="0" id="z70d16a581ac54530a0626b959511218b" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Current and Deferred Income Taxes</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The significant components of income taxes incurred (i.e. Current income tax expense) and the
              changes in DTAs and DTLs include:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z1f131ab297fb4134a1c4741b65f85808" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="16"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:43%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:10%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:9%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="9">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December 31</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2019-2018 Change</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">2018-2017 Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Current year federal tax (benefit) expense - ordinary income</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(7,343</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(292</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,333</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(7,051</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(3,625</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Current year foreign tax (benefit) expense - ordinary income</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(7,343</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(292</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,333</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(7,051</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(3,625</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Current year tax expense (benefit) - net realized capital gains (losses)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">118</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(335</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(223</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">453</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(112</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Federal and foreign income taxes incurred</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(7,225</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(627</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">3,110</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(6,598</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(3,737</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zd9582aa933f24a51833dbbd083fcf128" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">32</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">DTAs and DTLs consist of the following major components:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8e0ae04e1ef741e981a3b7088ae49f88" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:43%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">December 31</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Ordinary:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Deferred acquisition costs</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,539</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,429</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">110</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Policyholder reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">8,168</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,133</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,035</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Expense accruals</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Investments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">745</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">745</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Nonadmitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">47</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">42</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">11,500</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,569</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,931</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Statutory valuation allowance adjustment</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Nonadmitted ordinary deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(5,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(409</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4,674</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Admitted ordinary tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,417</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,160</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(743</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Capital:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Impaired assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Statutory valuation allowance adjustment</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Nonadmitted capital deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Admitted capital deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">10</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">105</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(95</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Admitted deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">6,427</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">7,265</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(838</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8c404d8aea8f495e9951074842ff6a55" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:43%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">December 31</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Deferred tax liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Ordinary:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Investments</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(231</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,003</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,772</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Policyholder reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(1,862</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,173</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">311</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Deferred and uncollected premiums</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(27</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(19</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Capital:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Other</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Deferred tax liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(4,184</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">2,064</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">Net deferred tax asset</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">4,307</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,081</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,226</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The realization of the DTAs is dependent upon the Company&#8217;s ability to generate sufficient taxable
              income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will be sufficient for the realization of the remaining
              DTAs.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Tax Cuts and Jobs Act of 2017 (Tax Act of 2017) was enacted on December 22, 2017, thereby
              requiring various adjustments be reflected in the Statutory Financial Statements as of December 31, 2017. The Tax Act of 2017, among its many elements, lowers the corporate tax rate to 21%, a reduction from the historical 35% rate.
              Accordingly, the Company revalued its deferred tax inventory as of December 31, 2017 to reflect the lower tax rate, resulting in a decrease to its net deferred tax asset of $5,423 and a corresponding decrease to surplus as of December 31,
              2017.&#160;The change in the net deferred tax asset resulted in a decrease of the amount of deferred tax assets nonadmitted of $1,736 and a corresponding increase to surplus as of December 31, 2017.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">In computing taxable income, life insurance companies are allowed a deduction attributable to
              their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes.&#160;The changes are effective for tax years beginning after 2017 and are
              subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.&#160; Due to complexities in the new methodology and limited guidance from the Internal Revenue Service </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z133f1dd97a964adf9bd1c5168633aa23" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">33</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation
              associated with the changes in the computation of life insurance tax reserves based on information available at December 31, 2017.&#160; Pursuant to Interpretation of the SAP Working Group 18-01: </font><font style="font-family: inherit; font-style: italic;">Updated Tax Estimates under the Tax Cuts and Jobs Act</font><font style="font-family: inherit;">, provisional tax computations related to these amounts were reasonably estimated&#160;as of December 31, 2017 and have been
              adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31, 2019 and 2018.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Change in net deferred income tax is comprised of the following (this analysis is exclusive of
              the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of Capital and Surplus):</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z0a337526f9a84e399401abf7e7a82c77" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:59%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:11%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">December 31</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family: inherit;">Net deferred tax assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">9,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,490</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,900</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family: inherit;">Statutory valuation allowance adjustment</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Net deferred tax assets after statutory valuation allowance</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">9,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,490</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">5,900</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family: inherit;">Tax effect of unrealized gains/(losses)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(745</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">1,799</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">(2,544</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 9pt;"><font style="font-family: inherit;">Change in net deferred income tax</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 9pt;"><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:9pt;"><font style="font-family: inherit;">3,356</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <table cellspacing="0" cellpadding="0" id="z8655810bea994aeb824b0834f76976f7" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Reconciliation of Federal Income Tax Rate to Actual Effective Rate</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The provision for federal income taxes incurred is different from that which would be obtained by
              applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z1ea57c411c1f489e8cb57e1d641a85d7" style="font-family:Times New Roman;font-size:10pt;width:89.08908908908909%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="9"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:44%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:8pt;"><font style="font-family: inherit; font-weight: bold;">December&#160;31, 2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Federal income tax rate</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">21.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">21.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">35.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Amortization of IMR</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">1.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Dividends received deduction</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(4.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(5.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Tax hedges</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
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                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(0.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Tax hedge reclassification</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(73.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(19.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(20.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Non-deductible expenses</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Change in deferred tax on non-admitted assets</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(0.2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.1</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Prior period adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.0</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Change in deferred tax impairments</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">0.5</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(0.3</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Tax reform revaluation </font><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">8.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Effective tax rate</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(53.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">15.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 5px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Federal and foreign income taxes incurred </font><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;">(36.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;">(0.7</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;">8.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">Change in net deferred income taxes</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(16.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(0.9</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">6.8</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px; font-size: 8pt;"><font style="font-family: inherit;">Effective tax rate</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(53.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">(1.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">)%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align:right;font-size:8pt;"><font style="font-family: inherit;">15.6</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="font-size: 8pt;"><font style="font-family: inherit;">&#160;%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="9">
                      <div style="text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font><font style="font-family: inherit;">&#160;On

                          December 22, 2017, the United States passed the Tax Act of 2017, which reduced the corporate tax rate from 35% to 21% for tax years beginning after December 31, 2017. As a result, the deferred taxes recorded on the Statutory
                          Statements of Assets, Liabilities, and Capital and Surplus were revalued to reflect the reduction in the future corporate tax rate.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="9">
                      <div style="text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font><font style="font-family: inherit;">&#160;Tax

                          on capital gains (losses) is excluded from federal and foreign income taxes incurred and detailed in Note 5(c).</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <table cellspacing="0" cellpadding="0" id="z51d191493b6445e182ddcd7172bae2ba" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(e)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Carryforwards, Recoverable Taxes, and IRC Section&#160;6603 Deposits</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit; background-color: #ffffff;">there are no operating losses or tax credit carryforwards available for tax purposes.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit; background-color: #ffffff;">There are no Federal income taxes available for recoupment in the event
              of future net losses.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">There are no aggregate deposits admitted under Section&#160;6603 of the IRC.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company had no tax contingencies computed in accordance with SSAP No.&#160;101 as of </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="za3d4d9760e4a4c5eb865e27662c46a0e" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">34</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company recognizes interest and penalties accrued related to unrecognized tax benefits in
              federal income tax expense.</font><font style="font-family: inherit;"> During the years ended </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the Company recognized no such expenses.</font></div>
          <table cellspacing="0" cellpadding="0" id="zc2d11908fc1a4f83ac1ea65ec84b8e37" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:73px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 37px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(f)</font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: left;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Consolidated Federal Income Tax Return</font><font style="font-family: inherit; font-style: italic; font-weight: bold;"> </font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company&#8217;s federal income tax return is consolidated with AZOA. The method of allocation
              between the subsidiaries of AZOA is subject to written agreement, approved by the Allianz Life Board of Directors. Allocation is based upon separate return calculations with current credit for net losses. Intercompany tax balances are settled
              annually after the consolidated return is filed.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company is included in the consolidated group for which AZOA files a federal income tax return
              on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to U.S. federal and non-U.S. income tax examinations for years prior to 2016, though examinations of combined returns filed by AZOA,
              which include the Company by certain U.S. state and local tax authorities, may still be conducted for 2016 and subsequent years. The last Internal Revenue Service (IRS) examination of AZOA involved the federal income tax return filed by AZOA
              for the 2015 tax year, which included carrybacks to the 2012 tax year. This examination concluded in October 2018 with the IRS only making one immaterial adjustment that increased the Company&#8217;s tax liability for 2012 by approximately $530.
              The IRS has been engaged in an examination of AZOA&#8217;s 2016 and 2017 income tax returns since late 2017 but no Proposed Adjustments related to the Company or any Revenue Agent Report has been received to date. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">the companies included in the consolidated group for which AZOA files a federal income tax return is included below:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center; padding-left: 72px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zf16cb954c02f4ee6844c733dbad75c3c" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:490px;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="2"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:245px;"><br>
                    </td>
                    <td style="width:245px;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align:center;font-size:9pt;"><font style="font-family: inherit; font-weight: bold;">Members of Consolidated Tax Group</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Life Insurance Company of New York</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Life Insurance Company of Missouri</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Life Insurance Company of North America</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Annuity Company of Missouri</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">AZOA Services Corporation</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Underwriters Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Global Risks US Insurance Company</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">AGCS Marine Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Reinsurance of America, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">William H. McGee &amp; Co., Inc.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Technology of America, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Fireman&#8217;s Fund Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Renewable Energy Partners of America LLC</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Fireman&#8217;s Fund Indemnity Corporation</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Renewable Energy Partners of America 2 LLC</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">National Surety Corporation</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">PFP Holdings, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Chicago Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">AZL PF Investments, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Interstate Fire &amp; Casualty Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Dresdner Kleinwort Pfandbriefe Investments II, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Associated Indemnity Corporation</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Fund Investments, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">American Automobile Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Yorktown Financial Companies, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">The American Insurance Company</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Questar Capital Corporation</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Risk Transfer, Inc.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Questar Asset Management, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Allianz Risk Transfer (Bermuda), Ltd.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="font-size:8pt;"><font style="font-family: inherit;">Questar Agency, Inc.</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><a name="s10817E8B6685574C90E01A8E0FF589B0"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(8)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Accident and Health Claim Reserves</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Accident and health claim reserves are based on estimates that are subject to uncertainty.
              Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While management believes that reserves as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">are appropriate, uncertainties in the reserving process could
              cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any adjustments to reserves are reflected in the operating results of the periods in which they are made. Movements in reserves
              could significantly impact the Company&#8217;s future reported earnings.</font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z6328b32855eb47f1864fe144911634cc" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">35</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 0px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Activity in the accident and health claim reserves is summarized as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z1123dcfc6e814fe494f117641c6617ff" style="font-family:Times New Roman;font-size:10pt;width:91.8918918918919%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:55%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Balance at January 1, net of reinsurance recoverables of $529, $622, and $544, respectively</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,938</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,867</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,877</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Incurred related to:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Current year</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,991</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">916</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,026</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Prior years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">749</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(374</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">248</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total incurred</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,740</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">542</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,274</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Paid related to:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Current year</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">211</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">81</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">85</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Prior years</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,165</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,390</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,199</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total paid</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,376</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,471</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,284</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Balance at December 31, net of reinsurance recoverables of </font><font style="font-family: inherit;">$</font><font style="font-family: inherit;">1,214, $529, and $622, respectively</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,302</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,938</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,867</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Prior year incurred claim reserves for </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;"> reflect unfavorable claim development as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business. Prior year incurred claim reserves for </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> reflect favorable claim development as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business.
              Prior year incurred claims reserves for </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;"> reflect unfavorable claim development as a result of re-estimation of unpaid claims and claim adjustment
              expenses, principally on individual LTC and group health lines of business.</font></div>
          <div><a name="sAED1C3D1AE7B596F9714EE1F934CCA5D"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(9)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Reinsurance</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company primarily enters into reinsurance agreements to manage risk resulting from its life,
              annuity, and accident and health businesses, as well as businesses the Company has chosen to exit.</font><font style="font-family: inherit;"> In the normal course of business, the Company seeks to limit its exposure to loss on any single
              insured and to recover a portion of benefits paid by ceding risks under excess coverage and coinsurance contracts. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company monitors the financial exposure and financial strength of the reinsurers on an ongoing
              basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain reinsurers.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The effect of reinsurance on reserves</font><font style="font-family: inherit;"> and claims, for
              amounts recoverable from other insurers, was as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zc28391fca9ec43ca9a7ccf29a03f3180" style="font-family:Times New Roman;font-size:10pt;width:93.8938938938939%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:58%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:18%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:19%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">For the years ended December 31,</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reduction in:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Aggregate reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,537</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4,473</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Policy and contract claims</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">197</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">191</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="zfcf5406f54aa4f63940202cb0e18280e" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">36</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company assumed no business from other companies for the years ended </font><font style="font-family: inherit;">December&#160;31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">. Life insurance, annuities, and accident and health business ceded to other companies are as follows: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="ze992dab5007e44fbb1e8504ee58a8a2f" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:43%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Year ended</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Direct amount</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Ceded to other companies</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Net amount</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">December&#160;31, 2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life insurance in force</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">49,947</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">42,359</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">7,588</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">807</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">655</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">152</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">371,966</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">371,966</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Accident and health</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,341</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">444</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,897</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total premiums</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">376,114</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,099</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">375,015</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" colspan="2">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" colspan="2">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">December&#160;31, 2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life insurance in force</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">53,361</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">48,195</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">5,166</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">922</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">744</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">178</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">298,637</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">298,637</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Accident and health</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,367</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">467</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,900</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total premiums</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">302,926</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,211</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">301,715</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 17px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">December&#160;31, 2017</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life insurance in force</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">59,398</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">50,925</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">8,473</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">983</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">781</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">202</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">264,826</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">264,826</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Accident and health</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,489</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">482</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,007</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total premiums</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">269,298</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,263</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">268,035</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">There are no nonaffiliated reinsurers owned in excess of 10% or controlled, either directly or
              indirectly, by the Company or by a representative, officer, trustee, or director of the Company.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">There are no policies issued by the Company that have been reinsured with a company chartered in a
              country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged in the insurance business.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company does not have any reinsurance agreements in effect under which the reinsurer may
              unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company does not have reinsurance agreements in effect such that the amount of losses paid or
              accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the same reinsurer, exceed the total direct premium
              collected under the reinsured policies.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company did not write off any uncollectible recoverables during</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">There were no commutations for the years ended December 31, </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively. </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z23be63549510454a9d794688c1fcd929" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">37</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s9B91EE5E0F07582FB0A3C2BE417AF4DF"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(10)</font><font style="font-family: inherit;">&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Annuity
              Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Information regarding the Company&#8217;s annuity actuarial reserves and deposit liabilities by
              withdrawal characteristics at December&#160;31 is as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="ze8343ec7f08f4ba89724557fb5fbe1b0" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="15"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:42%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Percentage of total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Percentage of total</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Subject to discretionary withdrawal:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">With market value adjustment</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">60,359</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">131,145</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">4</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">At book value less current surrender charges of 5% or more</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">738,120</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">21</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">524,493</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">17</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">At market value</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,297,154</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">65</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,042,626</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">68</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total with adjustment or at market value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,095,633</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">88</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,698,264</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">89</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">At book value without adjustment (minimal or no charge or adjustment)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">381,487</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">272,143</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">9</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Not subject to discretionary withdrawal</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">65,387</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">46,654</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total gross</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,542,507</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">101</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,017,061</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">100</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">%</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reinsurance ceded</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total net</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,542,507</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,017,061</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zff7b963104624a9481a7a7cf6d99da6e" style="font-family:Times New Roman;font-size:10pt;width:94.29429429429429%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:68%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:14%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reconciliation of total annuity actuarial reserves and deposit fund liabilities:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life, Accident and Health Annual Statement:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Annuities, net (excluding supplementary contracts with life contingencies)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">397,644</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">415,179</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Supplemental contracts with life contingencies, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">18,688</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">17,533</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Deposit-type contracts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,604</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,879</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:60px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">419,936</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">435,591</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Separate Accounts Annual Statement:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Annuities, net (excluding supplementary contracts with life contingencies)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,121,880</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,580,835</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Supplemental contracts with life contingencies, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">691</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">636</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:60px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,122,571</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,581,471</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total annuity actuarial reserves and deposit fund liabilities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,542,507</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,017,062</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z06911a755d4644deac3702f2b159b70d" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">38</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div><a name="s1d5206ee1f9844daa484be0c75108a9e"></a></div>
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(11)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Life Actuarial Reserves by Withdrawal
              Characteristics</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Information regarding the Company&#8217;s life actuarial reserves by withdrawal characteristics at
              December&#160;31 is as follows: </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center; padding-left: 36px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8d8ee8ed97fd4d84a0a3c9f78b08e586" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:627px;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="8"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:312px;"><br>
                    </td>
                    <td style="width:9px;"><br>
                    </td>
                    <td style="width:91px;"><br>
                    </td>
                    <td style="width:4px;"><br>
                    </td>
                    <td style="width:102px;"><br>
                    </td>
                    <td style="width:4px;"><br>
                    </td>
                    <td style="width:100px;"><br>
                    </td>
                    <td style="width:4px;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="7">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Account value</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Cash value</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Reserve</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: justify; padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Subject to discretionary withdrawal, surrender values, or policy loans:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Universal life</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">51</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">198</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">726</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Indexed life</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,623</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,471</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,571</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other permanent cash value life insurance</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">538</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">538</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">538</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="text-align: justify; padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Not subject to discretionary withdrawal or no cash values:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Term policies without cash value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit;">XXX</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit;">XXX</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">264</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Miscellaneous reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit;">XXX</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit;">XXX</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">272</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total gross</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,212</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,207</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,371</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reinsurance ceded</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">11</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total net </font><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,212</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,207</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,360</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="8">
                      <div style="text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family: inherit;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font><font style="font-family: inherit;">&#160;Balances

                          reflected within this disclosure reside in the Company's general account; the Company's separate accounts do not contain Life business.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center; padding-left: 36px; text-indent: 0px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z6b7ba1dcb02049609e1b01eab10057fe" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:628px;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="4"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:497px;"><br>
                    </td>
                    <td style="width:9px;"><br>
                    </td>
                    <td style="width:118px;"><br>
                    </td>
                    <td style="width:4px;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reconciliation of total life actuarial reserves:</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life, Accident, and Health Annual Statement:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Life insurance, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,088</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Miscellaneous reserves, net</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">272</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:92px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total life actuarial reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,360</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><a name="s9A170874349451E1B6D6FC118F19722B"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(12)</font><font style="font-family: inherit;">&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Separate

              Accounts</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company&#8217;s separate accounts represent funds held for the benefit of contract holders entitled
              to payments under variable annuity contracts issued through the Company&#8217;s separate accounts and underwritten by the Company. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the Company's separate accounts are classified as nonguaranteed. </font><font style="font-family: inherit;">Information

              regarding the Company&#8217;s separate accounts for the years ended December&#160;31 is as follows:</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="zdf36ebb23b794afe83952646daa6dd8a" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="7"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:63%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:16%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:17%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Premiums, considerations, or deposits</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">352,992</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">298,627</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 9px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden; height: 9px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden; height: 9px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden; height: 9px;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reserves for account, with assets at fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,297,845</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,043,263</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reserves for account, with assets at amortized cost</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">824,726</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">538,208</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total reserves</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,122,571</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,581,471</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">By withdrawal characteristics:</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">At fair value</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,297,154</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,042,626</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">At book value without MV adjustment and with current surrender charge of 5% or more</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">737,371</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">523,083</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">At book value without MV adjustment and with current surrender charge of less than 5%</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">87,355</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">15,125</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Subtotal</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,121,880</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,580,834</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Not subject to discretionary withdrawal</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">691</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">637</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">3,122,571</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,581,471</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">the Company&#8217;s separate accounts included legally insulated assets and
              non-insulated assets attributed to the following products/transactions: </font><font style="font-family: inherit;"> </font></div>
          <div><br>
          </div>
          <div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: center;">
              <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
                <table cellspacing="0" cellpadding="0" id="z060d68addfb8483487ac3767c4dd7523" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.265625%;border-collapse:collapse;text-align:left;">

                    <tr>
                      <td colspan="3"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="width:34%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                      <td style="width:33%;"><br>
                      </td>
                    </tr>
                    <tr>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="text-align: center;"><font style="font-family: inherit;">39</font><font style="font-family: inherit;">&#160;of 43</font></div>
                        <div><font style="font-family: inherit;"><br>
                          </font></div>
                      </td>
                      <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                        <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <hr style="page-break-after:always">
          <div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:9pt;"><font style="font-family: inherit;"><br>
              </font></div>
            <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; font-size: 1pt;"><font style="font-family: inherit;"><br>
              </font></div>
          </div>
          <div><br>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="z8eeef97fd0564e048da5c241c5699da9" style="font-family:Times New Roman;font-size:10pt;width:94.29429429429429%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="14"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:40%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="6">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="5">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit; font-weight: bold;">Product/transaction</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Legally insulated</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Not legally insulated</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Legally insulated</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">Not legally insulated</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">Variable Annuities</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,194,429</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,037,206</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Variable Annuities (Non-Unitized Non-Insulated)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,037,633</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">640,758</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Total</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,194,429</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">1,037,633</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">2,037,206</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">640,758</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company&#8217;s separate account liabilities contain guaranteed benefits. The liabilities for
              guaranteed benefits are supported by the Company&#8217;s general account assets.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">To compensate the general account for the risk taken, the separate account paid
              risk charges of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$37,538</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$36,073</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$33,270</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$30,266</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$25,445</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">during the past five years, respectively. The general account of the Company paid</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$1,019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$465</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$13</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$2,140</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$1,046</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">towards separate account guarantees during the past five years, respectively.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">A reconciliation of net transfers to separate accounts for the years ended December 31 is included
              in the following table: </font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; padding-left: 36px;">
            <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;">
              <table cellspacing="0" cellpadding="0" id="za82fa069abff4eb69a3e54cf113586f3" style="font-family:Times New Roman;font-size:10pt;width:94.49449449449449%;border-collapse:collapse;text-align:left;">

                  <tr>
                    <td colspan="11"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="width:55%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:12%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                    <td style="width:13%;"><br>
                    </td>
                    <td style="width:1%;"><br>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2019</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2018</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="text-align: center;"><font style="font-family: inherit; font-weight: bold;">2017</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="padding-left: 12px; text-indent: -12px;"><font style="font-family: inherit;">Transfers as reported in the Summary of Operations of the Separate Accounts Annual Statement:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">352,992</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">298,627</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">264,695</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Transfers from separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(217,517</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(191,108</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(209,986</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Net transfers to separate accounts</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">135,475</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">107,519</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">54,709</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Reconciling adjustments:</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="3">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="2">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Other adjustments</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">(495</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">202</font></div>
                    </td>
                    <td style="vertical-align:bottom;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">(58</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">)</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Differences due to correction of error (see Note 3)</font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" colspan="2">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">&#8212;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">6,206</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>
                  <tr>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div><font style="font-family: inherit;">Transfers as reported in the Statutory Statements of Operations</font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div><font style="font-family: inherit;">$</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">134,980</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;">
                      <div style="text-align: right;"><font style="font-family: inherit;">107,721</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;">
                      <div style="overflow: hidden;"><font style="font-family: inherit;">&#160;</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;">
                      <div style="text-align: right;"><font style="font-family: inherit;">60,857</font></div>
                    </td>
                    <td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;">
                      <div><font style="font-family: inherit;"><br>
                        </font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div><a name="sE596F97896EE58E89B506EDF6E52ECE9"></a></div>
          <table cellspacing="0" cellpadding="0" id="zf63972e8bea04491aaef5a9dfc8573c4" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:36px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 0px;"><font style="font-family: inherit; font-weight: bold;">(13) </font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-weight: bold;">Related-Party Transactions</font></div>
                </td>
              </tr>

          </table>
          <table cellspacing="0" cellpadding="0" id="zd85895be4eab4bb2be53fab1fda87078" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(a) </font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Real Estate</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company subleases office space from an affiliate. In connection with this agreement, the
              Company incurred rent expense of </font><font style="font-family: inherit;">$56</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$25</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$28</font><font style="font-family: inherit;"> in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively, which is included in General and administrative expenses on the Statutory Statements of Operations.</font></div>
          <table cellspacing="0" cellpadding="0" id="z943284f619504b8889591ca36b40ed19" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;">

              <tr>
                <td style="width:72px;"><br>
                </td>
                <td><br>
                </td>
              </tr>
              <tr>
                <td style="vertical-align:top">
                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(b) </font></div>
                </td>
                <td style="vertical-align:top;">
                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Service Fees</font></div>
                </td>
              </tr>

          </table>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company incurred fees for administrative services provided by Allianz Life of </font><font style="font-family: inherit;">$10,113</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$9,500</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$9,830</font><font style="font-family: inherit;"> in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively. </font><font style="font-family: inherit;">The Company&#8217;s liability for these expenses was</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$791</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$676</font><font style="font-family: inherit;"> as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively, and is included in Payable to parent and affiliates on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus. </font><font style="font-family: inherit;">In the normal course of business, the outstanding amount is settled in cash.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company incurred fees for investment advisory services provided by affiliated companies of </font><font style="font-family: inherit;">$870</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$668</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$559</font><font style="font-family: inherit;"> in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively. The Company&#8217;s liability for these charges was </font><font style="font-family: inherit;">$78</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$60</font><font style="font-family: inherit;"> as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively, and is included in Payable to parent and affiliates on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font><font style="font-family: inherit;">In the normal
              course of business, the outstanding amount is settled in cash.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has an agreement with Allianz Investment Management, LLC which has subsequent
              agreements with its affiliates Pacific Investment Management Company (PIMCO), </font><font style="font-family: inherit;">Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed
              by PIMCO and OpCap are made available through the Company's</font><font style="font-family: inherit;"> separate accounts </font><font style="font-family: inherit;">to holders of the Company's variable annuity products, and (2) the Company
              receives compensation for providing administrative and recordkeeping services relating to </font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">the investment options managed by PIMCO and OpCap. Income recognized by the Company from these
              affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$885</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$965</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$1,042</font><font style="font-family: inherit;"> during </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">respectively, which is included in</font><font style="font-family: inherit;"> Fees from separate accounts on the Statutory Statements of Operations. The related
              receivable for the fees was </font><font style="font-family: inherit;">$74</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">$80</font><font style="font-family: inherit;"> at </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, respectively, which is included in Other assets on the
              Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has incurred commission expense related to the distribution of variable annuity
              products from Allianz Life Financial Services, LLC, (ALFS), an affiliated company, in the amount of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$27,988</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$24,155</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$22,711</font><font style="font-family: inherit;"> for the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively. </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has an agreement with ALFS, whereby 12b-1 fee receivables are assigned to the Company
              and Allianz Life. The Company has also agreed with Allianz Life to share in reimbursing ALFS for direct and indirect expenses incurred in performing services for the Company and Allianz Life. In the event that assigned receivables exceed
              expenses, ALFS records a loss on the transaction with the Company and a dividend-in-kind to Allianz Life. The Company recorded revenue from this agreement of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$4,163</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$4,236</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$4,357</font><font style="font-family: inherit;"> for the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">respectively. The Company recorded expenses related to this agreement of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$7,135</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$4,973</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$4,237</font><font style="font-family: inherit;"> for the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively.</font></div>
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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(c) </font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Reinsurance</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company cedes certain term life and universal life insurance policies to Allianz Life. At </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, the Company had no reinsurance recoverables and
              receivables from Allianz Life included in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
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                  <div style="line-height: 120%; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">(d) </font></div>
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                  <div style="line-height: 120%; text-align: justify;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Line of Credit Agreement</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 72px;"><font style="font-family: inherit;">The Company has a line of credit agreement with </font><font style="font-family: inherit;">Allianz

              Life, </font><font style="font-family: inherit;">to provide liquidity, as needed.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">No amounts have been borrowed during the years ended</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">. The
              Company&#8217;s borrowing capacity under the agreement is limited to 5% of the General Account admitted assets of the Company as of the preceding year-end. </font></div>
          <div><a name="s43F9D6FDCA625CF89A8ABC05FCF7C1C2"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(14)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Employee Benefit Plans</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company participates in the Allianz Asset Accumulation Plan (AAAP), a defined contribution
              plan sponsored by Allianz of America Corporation. Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants&#8217; pretax, Roth 401(k), and/or after-tax contributions up to 80% of
              the participants&#8217; eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5% of the employees&#8217; eligible compensation. Participants are
              100% vested in the Company&#8217;s matching contribution after three&#160;years of service.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The AAAP administration expenses and the trust fund, including trustee fees, investment manager
              fees, and audit fees, are payable from the trust fund but may, at the Company&#8217;s discretion, be paid by the Company. All legal fees are paid by the Company. It is the Company&#8217;s policy to fund the AAAP costs as incurred. The Company has
              expensed</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">$295</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$252</font><font style="font-family: inherit;">, and
            </font><font style="font-family: inherit;">$241</font><font style="font-family: inherit;"> in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">respectively, toward the AAAP matching contributions and
              administration expenses.</font></div>
          <div><a name="s58115B51EBF7549BA17E5A8C3D7990E9"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(15)</font><font style="font-family: inherit;">&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Statutory

              Capital and Surplus</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Statutory accounting practices prescribed or permitted by the Company&#8217;s state of domicile are
              directed toward insurer solvency and protection of policyholders.</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">As such, the Company is required to meet minimum statutory capital and surplus
              requirements. The Company&#8217;s statutory capital and surplus as of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">were in compliance with these requirements. The maximum amount of dividends that can be paid by New York insurance companies to stockholders without prior approval of
              the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
              annual statement. In accordance with New York statutes, the Company may declare </font></div>
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                        <div style="text-align: center;"><font style="font-family: inherit;">41</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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              </font></div>
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              </font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">and pay from its Unassigned surplus cash dividends of not more than the lesser of 10% of its
              beginning-of-the year statutory surplus, or its net gain from operations of the insurer, not including realized gains, for the 12-month period ending the 31st day of the preceding year. Based on these restrictions, ordinary dividends </font><font style="font-family: inherit;">of </font><font style="font-family: inherit;">$17,134</font><font style="font-family: inherit;"> can be paid in </font><font style="font-family: inherit;">2020</font><font style="font-family: inherit;"> without
              prior approval of the Department. The Company paid no dividends in </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 0px; padding-left: 36px;"><font style="font-family: inherit; font-style: italic; font-weight: bold;">Regulatory Risk-Based Capital</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">An insurance enterprise&#8217;s state of domicile imposes minimum risk-based capital requirements that
              were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity based on the perceived degree of risk. Regulatory
              compliance is determined by a ratio of an enterprise&#8217;s regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific trigger points or ratios are classified within
              certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December

              31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">.</font></div>
          <div><a name="sBB6C2EE329B35621960551BAF06B92C0"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(16)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Direct Premiums Written by Third-Party
              Administrators</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company has direct premiums written by third-party administrators (TPAs). The types of
              business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes claims payment, claims adjustment, and premium collection. Total premiums
              written by TPAs were </font><font style="font-family: inherit;">$803</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">$935</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">$987</font><font style="font-family: inherit;"> for </font><font style="font-family: inherit;">2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, respectively. For the years ended </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, there were no
              individual TPAs that wrote premiums that equaled at least 5% of the capital and surplus of the Company.</font></div>
          <div><a name="s15CC5BBAC1E65134AD163A597778B4FA"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(17)</font><font style="font-family: inherit;">&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Reconciliation

              to the Annual Statement</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company is required to file an Annual Statement with the Department.</font><font style="font-family: inherit;"> As of </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> and </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">there is no difference in admitted assets or liabilities between this report and the Annual Statement.</font><font style="font-family: inherit;"> As of </font><font style="font-family: inherit;">December 31,
              2019</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">2018</font><font style="font-family: inherit;">, and </font><font style="font-family: inherit;">2017</font><font style="font-family: inherit;">, </font><font style="font-family: inherit;">there is no difference in capital and surplus or net income between this report and the Annual Statement.</font></div>
          <div><a name="s161D3FCDB1E655FC87A333ECAD78365B"></a></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(18)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Commitments and Contingencies</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company is or may become subject to claims and lawsuits that arise in the ordinary course of
              business. In the opinion of management, the ultimate resolution of any such known litigation will not have a material adverse effect on the Company's financial position.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company is contingently liable for possible future assessments under regulatory requirements
              pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The financial services industry, variable and fixed annuities, life insurance, distribution
              companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">Federal and state regulators, such as state insurance departments, state securities departments,
              the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various selling practices, including suitability
              reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is subject to ongoing market conduct examinations and investigations by regulators, which may have a material
              adverse effect on the Company.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">It can be expected that annuity and life product designs, management, and sales practices will be
              an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">These matters could result in legal precedents and new industry-wide legislation, rules, and
              regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will have a material adverse effect on
              the Company in the future.</font></div>
          <div><br>
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                        <div style="text-align: center;"><font style="font-family: inherit;">42</font><font style="font-family: inherit;">&#160;of 43</font></div>
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            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">Notes to the Statutory Financial Statements</font></div>
            <div style="line-height:120%;padding-bottom:4px;padding-top:0px;text-align:center;font-size:11pt;"><font style="font-family: inherit;">(Dollars in thousands, except share data and security holdings quantities)</font></div>
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          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px;"><font style="font-family: inherit; font-weight: bold;">(19)&#160;&#160;&#160;&#160;</font><font style="font-family: inherit; font-weight: bold;">Subsequent Events</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">The Company has evaluated subsequent events through</font><font style="font-family: inherit;">
              April 3, 2020</font><font style="font-family: inherit;">, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">December 31, 2019</font><font style="font-family: inherit;"> </font><font style="font-family: inherit;">that require adjustment to the Statutory Financial Statements.</font><font style="font-family: inherit;"> </font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">As a result of the COVID-19 pandemic, economic uncertainties have arisen which are likely to
              negatively impact the Company&#8217;s net income and surplus. The extent to which the COVID-19 pandemic impacts our business, net income, and surplus, as well as our capital and liquidity position, will depend on future developments, which are
              highly uncertain and cannot be estimated, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic.</font></div>
          <div style="line-height: 120%; padding-bottom: 8px; padding-top: 8px; text-align: justify; padding-left: 36px;"><font style="font-family: inherit;">In March 2020, the Company borrowed $25,000 from Allianz Life for liquidity purposes under the
              terms of the line of credit agreement described in Note 13(d).</font></div>
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            </font></div>
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        <a name="48f6378b-4e44-4c19-8dc2-3a0a3a72cf37_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#va-toc"> Table of Contents </a> </div>
        <div style="width:100%;">
          <div type="Block" style="width:100%;">
            <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
            <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">For Service or More Information</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can review and copy information about us, the Separate
              Account, the prospectus and the Form N-4 SAI at the SEC&#8217;s Public Reference Room in Washington, D.C. You may obtain information about the operation of the Public Reference Room by calling (202) 551-8090.</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The SEC also maintains a website (www.sec.gov). The prospectus,
              the Form N-4 SAI and other information about the Contract are available on the EDGAR database on the SEC&#8217;s website. If you do not have access to the website, you can get copies of information from the website upon payment of a duplication fee
              by writing to:</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 2pt; padding-left: 2.83%; text-decoration: none; text-transform: none;">Public Reference Section of the Commission<br>
              <font style="font-weight:Normal;">100 F Street, NE<br>
                Washington, DC 20549</font></div>
            <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Service Center</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you need customer service (for Contract changes, information
              on Contract Values, requesting a withdrawal or transfer, changing your allocation instructions, etc.) please contact our Service Center at <font style="font-weight:bold;">(800) 624-0197</font>.</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To send an application, a check for an additional Purchase
              Payment, or for general customer service, please mail to the appropriate address as follows:</div>
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" id="z64006a474ea141f6bcb619f481d4f272" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;">

                  <tr style="page-break-inside:avoid;">
                    <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.00%;">Send an application or additional Purchase Payment<br>
                      with a check: </td>
                    <td style="line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:3pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                    <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:51.21%;">Send an application or general customer service<br>
                      without a check: </td>
                  </tr>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2.62pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">REGULAR MAIL </td>
                    <td style="line-height:0pt;padding-right:6pt;padding-top:2.62pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-top:2.62pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">REGULAR MAIL </td>
                  </tr>
                  <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">Allianz Life Insurance Company of New York<br>
                      NW5990<br>
                      P.O. Box 1450<br>
                      Minneapolis, MN 55485-5990 </td>
                    <td style="line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">Allianz Life Insurance Company of New York<br>
                      P. O. Box 561<br>
                      Minneapolis, MN 55440-0561 </td>
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                    <td colspan="3" style="padding-top:1.5pt;text-align:left;vertical-align:top;width:100%;">&#160; </td>
                  </tr>
                  <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">OVERNIGHT, CERTIFIED, OR REGISTERED MAIL </td>
                    <td style="line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">OVERNIGHT, CERTIFIED, OR REGISTERED MAIL </td>
                  </tr>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.00%;">Allianz Life Insurance Company of New York<br>
                      NW5990<br>
                      1801 Parkview Drive<br>
                      Shoreview, MN 55126 </td>
                    <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:51.21%;">Allianz Life Insurance Company of New York<br>
                      5701 Golden Hills Drive<br>
                      Golden Valley, MN 55416-1297 </td>
                  </tr>

              </table>
            </div>
            <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" id="zf3eee08b3dc3496f9d4f6578856a4857" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;">

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                    <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">Checks sent to the wrong address for applications or additional Purchase Payments are forwarded to the 1801 Parkview Drive address listed above, which may delay
                      processing. </td>
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            </div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For general customer service by email, please use this address:
              Contact.Us@allianzlife.com. To send information by email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: www.allianzlife.com/new-york. If you
              have questions about whether you can submit certain information by email or over the web, please contact our Service Center.</div>
            <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Until May 1, 2021, all dealers that effect transactions in
              these securities may be required to deliver a prospectus.</div>
          </div>
          <div type="Block" style="margin-top:173pt;width:100%;">
            <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
            <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> New York Variable Annuity Prospectus &#8211; May 1, 2020</div>
          </div>
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            <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;90&#160;</div>
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    <div style="text-align: center; text-indent: 0.1pt; line-height: 19.4pt; margin-top: 2.8pt; font-family: Arial, sans-serif; font-size: 12pt;">PART II - INFORMATION NOT REQUIRED IN PROSPECTUS</div>
    <div style="line-height: 19.95pt; margin-top: 0.35pt;"><br style="line-height: 19.95pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ITEM 13. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 10.85pt; margin-top: 0.1pt;"><br style="line-height: 10.85pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt;"><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">Securities and Exchange Commission Registration Fee</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">$ 25,760</font></u></div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 0.5pt;"><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">Estimated Printing and Filing Costs:</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">$ 30,000</font></u></div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 0.55pt;"><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">Estimated Accounting Fees:</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;"><u>$ 60,000&#160;&#160;</u>&#160;&#160; <br>
      </font></div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 0.5pt;"><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">Estimated Legal Fees:</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 234pt"><u><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">$ 175,000</font>&#160; &#160; &#160; </u>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; &#160; </font><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;"><br>
      </font></div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 0.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;"><br>
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 0.5pt;"><font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">Estimated Miscellaneous Fees:</font>&#160;&#160;&#160;&#160;&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;<u> <font style="font-family: 'Arial Narrow', sans-serif; font-size: 10pt;">$&#160;&#160;&#160;&#160;&#160;&#160;&#160; N/A</font></u></div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 6.7pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ITEM 14. INDEMNIFICATION OF OFFICERS AND DIRECTORS.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 8.55pt; margin-top: 0.55pt;"><br style="line-height: 8.55pt;">
    </div>
    <div style="text-align: left; line-height: 11.85pt; font-family: 'Times New Roman', serif; font-size: 10pt;">The Bylaws of the Insurance Company provide:</div>
    <div style="line-height: 11.85pt;"><br style="line-height: 11.85pt;">
    </div>
    <div style="text-align: left; line-height: 11.85pt; font-family: 'Times New Roman', serif; font-size: 10pt;">ARTICLE X</div>
    <div style="text-align: left; line-height: 11.85pt; font-family: 'Times New Roman', serif; font-size: 10pt;">INDEMNIFICATION OF OFFICERS, DIRECTORS AND EMPLOYEES</div>
    <div style="line-height: 11.85pt;"><br style="line-height: 11.85pt;">
    </div>
    <div style="text-align: left; line-height: 11.85pt; font-family: 'Times New Roman', serif; font-size: 10pt;">To the fullest extent allowed under New York law, the Company shall indemnify officers, directors and employees of the Company. No director
      shall be personally liable to the Company or any of its shareholders for damages for any breach of duty as a director; provided, however, that the foregoing provision shall not eliminate or limit (i) the liability of a director if a judgment or other
      final adjudication adverse to him or her establishes that his or her acts or omissions were in bad faith or involved intentional misconduct or were acts or omissions (a) which he or she knew or reasonably should have known violated the New York
      Insurance Law or (b) which violated a specific standard of care imposed on directors directly, and not by reference, by a provision of the New York Insurance Law (or any regulations promulgated thereunder) or (c) which constituted a knowing violation
      of any other law, or establishes that he or she personally gained in fact a financial profit or other advantage to which he or she was not legally entitled; or (ii) the liability of a director for any act or omission prior to adoption of these
      Restated Bylaws by the shareholders of the Company.</div>
    <div style="line-height: 11.85pt;"><br style="line-height: 11.85pt;">
    </div>
    <div style="text-align: left; line-height: 11.85pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
      persons of the Insurance Company pursuant to the foregoing provisions, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in
      the Act and, is therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the
      Insurance Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Insurance Company will, unless in the opinion of its
      counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final
      adjudication of such issue.</div>
    <div style="line-height: 14.25pt; margin-top: 6.05pt;"><br style="line-height: 14.25pt;">
    </div>
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    <div style="line-height: 9.7pt;"><br style="line-height: 9.7pt;">
    </div>
    <div style="line-height: 9.7pt; margin-top: 0.1pt;"><br style="line-height: 9.7pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ITEM 15. RECENT SALES OF UNREGISTERED SECURITIES.</div>
    <div style="line-height: 10.25pt; margin-top: 0.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">NOT APPLICABLE.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.</div>
    <div style="line-height: 16.55pt; margin-top: 0.05pt;"><br style="line-height: 16.55pt;">
    </div>
    <div><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(a)</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 33.55pt">&#160;</font><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Exhibits.</font></div>
    <div style="line-height: 9.7pt; margin-top: 0.35pt;"><br style="line-height: 9.7pt;">
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z59b8f6e1d02e4dd38df067ac2be29fc0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 1.05pt; line-height: 11.85pt; font-family: 'Times New Roman', serif;">1.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.85pt; font-family: 'Times New Roman', serif;">(a) <a href="http://www.sec.gov/Archives/edgar/data/845775/0000928389-97-000126.txt">Principal Underwriter Agreement</a> by and between Preferred Life Insurance
                Company of New York on behalf of Preferred Life Variable Account C and NALAC Financial Plans, Inc. incorporated by reference as exhibit EX-99.B3.a. from Registrant&#8217;s Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-19699 and
                811-05716) electronically filed on May 12, 1997. Preferred Life Insurance Company of New York is the predecessor to Allianz Life Insurance Company of New York. Preferred Life Variable Account C is the predecessor to Allianz Life of NY
                Variable Account C. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial Services, LLC.</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze922e7ab11bd4cfca7bda0cbee7f6d33" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 7.5pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(b)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 13.25pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/845775/000084577510000037/ex99b3bbdagreement.htm">Broker-Dealer Agreement</a>
                (amended and restated) between Allianz Life Insurance Company of New York and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX- 99.B3.b. from Registrant&#8217;s Post-Effective Amendment No. 21 to
                Form N-4 (File Nos. 333-143195 and 811-05716) electronically filed on October 21, 2010.</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5cb9f39e025641948216a63abdc91d59" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 7.5pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(c)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">The current specimen of the <a href="http://www.sec.gov/Archives/edgar/data/836346/000083634606000054/file002.txt">selling agreement</a> between
                Allianz Life Financial Services, LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b from the Initial Registration
                Statement to Allianz Life Variable Account B&#8217;s Form N-4 (File Nos.333-134267 and 811-05618) electronically filed on May 19, 2006. The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.</div>
            </td>
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      <table cellspacing="0" cellpadding="0" id="z3850b36713f341b2b0f6aec2358a1242" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">2.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
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    <div>
      <table cellspacing="0" cellpadding="0" id="z248feb4593054fe0b54259157398915b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 1.05pt; line-height: 14.25pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">3.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; line-height: 14.25pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">(a) <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001913000007/ex3a.htm">Articles of Incorporation, as amended
                  and restated March 9, 2011</a>, of Allianz Life Insurance Company of New York, filed on December 19, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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    </div>
    <div style="text-align: justify; text-indent: -13.5pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(b)&#160;&#160; <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001913000007/ex3b.htm">Bylaws, as amended and restated March 9, 2011</a>, of Allianz Life Insurance Company of New York, filed on December 19, 2013 as Exhibit 3(b) to Registrant's initial
      registration on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
    <div style="text-align: left; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">4.(a)&#160;&#160;&#160; <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001914000005/ex4a.htm">Deferred Annuity Contract,
        L40538-NY</a>, as revised 5/16/14, filed on December 8, 2014, as Exhibit 4(a) to Registrant's Post-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z435f055f1a85420a9cb30cf8357be767" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 6.55pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(b)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000119312514179966/d687696dex4b.htm">Contract Schedule Pages, S40877-NY</a>, filed on May 2,
                2014 as Exhibit 4(b) to Registrant's Pre-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference. <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001914000005/ex4b.htm">Schedule pages
                  S40875-NY, S40876-NY</a>, as revised 5/9/14, filed on December 8, 2014, as Exhibit 4(b) to Registrant's Post-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z97fc0068a58941acba06bfe590b428ba" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 9.05pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(c)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 18.8pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000008001914000005/ex4c.htm">Application for Individual Annuity Contract,
                  F40538-NY</a>, as revised 5/2014, filed on December 8, 2014, as Exhibit 4(c) to Registrant's Post-Effective Amendment No. 1 on Form S-1, is incorporated by reference. <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001915000002/ex4cindadvnyapplication.htm">Application for Ind. Var. Annuity Contract &#8211; F40538-02-NY (5/2015)</a>, filed on April 20, 2015, as Exhibit 4(c) to Registrant's
                Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z19029b11ed1749dbb1d9035a23715226" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 9.05pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(d)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 19.35pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000119312514179966/d687696dex4d.htm">Index Performance Strategy Rider,
                  S40878-NY</a>, filed on May 2, 2014 as Exhibit 4(d) to Registrant's Pre- Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zde6d9d17e02041c1ae51aa662711f19c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 9.05pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(e)&#160; <br>
              </div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 18.65pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000119312514179966/d687696dex4e.htm">Traditional Death Benefit Rider,
                  S40880-NY</a>, filed on May 2, 2014 as Exhibit 4(e) to Registrant's Pre- Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z755801e8906347d89b3b5d86d3c7a767" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 9.05pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(f)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000008001915000002/ex4findadvnyschedpgs.htm">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Allocation Options
                  Schedule page S40876-NY01 (5/2015)</a>, filed on April 20, 2015, as Exhibit 4(f) to Registrant's Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0450cde5400c4301be07da5b4eeae75a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 4.8pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="margin-left: 9.05pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;">(g)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 19.25pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif;"><a href="http://www.sec.gov/Archives/edgar/data/80019/000008001915000002/ex4indadvnyapplapr202015.htm">Variable



                  and Index-Linked Annuity Contract L40538-NY01 (5/2015)</a>, filed on April 20, 2015, as Exhibit 4(g) to Registrant's Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
            </td>
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      </table>
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">5. Opinion re Legality - not applicable</div>
    <div>
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            <td style="width: 22.3pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; margin-bottom: 6pt; font-family: 'Times New Roman', serif;">8.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; margin-bottom: 6pt; font-family: 'Times New Roman', serif;">Opinion re Tax Matters - not applicable</div>
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    <div>
      <table cellspacing="0" cellpadding="0" id="z973a9e4bf7894d7ea135fc818d636f6f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.45pt; width: 100%; text-align: left; color: #000000;">

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              <div style="line-height: 11.4pt; margin-top: 2.45pt; font-family: 'Times New Roman', serif;">9.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 2.45pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
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    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
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              <div style="line-height: 11.4pt; margin-top: 2.45pt; font-family: 'Times New Roman', serif;">10.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 2.45pt; font-family: 'Times New Roman', serif;">Material Contracts - not applicable</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8bcdc24af887458a80dd593489a81a23" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">11.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z23053d959a89415b945c8027a67eac71" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">12.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zee76d451349444379bcb9f84822c4b69" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">15.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbe1b41f24ca2459e975dc9abe3fb84a0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">16.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">Not applicable</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: left; text-indent: -18pt; margin-left: 18pt; line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif; font-size: 10pt;">21.&#160; &#160; Not applicable.</div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za441dbc66f7c4c5782c9a5400d41b52d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 13.5pt; vertical-align: top; align: right;">
              <div style="line-height: 19.95pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">23.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 14.1pt; line-height: 19.95pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif;">(a)* Consent of Independent Registered Public Accounting Firms, filed herewith.</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: left; line-height: 19.95pt; font-family: 'Times New Roman', serif; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;(b)* Consent of Counsel, filed herewith.</div>
    <div style="text-align: left; text-indent: -22.5pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 0.2pt; font-family: 'Times New Roman', serif; font-size: 10pt;">24. (a) <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001913000007/ex24b.htm">Board Resolution, effective December 11, 2012</a>, of the Board of Directors of Allianz Life Insurance Company of North America, filed on December 19, 2013 as Exhibit
      24(b) to Registrant's initial registration on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
    <div style="text-align: left; text-indent: -13.45pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(b) <a href="http://www.sec.gov/Archives/edgar/data/80019/000119312514179966/d687696dex24d.htm">Board Resolution, effective March 6, 2014</a>, of the Board of Directors of Allianz Life Insurance Company of New York, filed on May 2, 2014 as Exhibit 24(d)
      to Registrant's Pre-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.</div>
    <div style="text-align: left; text-indent: -13.45pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">(c)* Powers of Attorney, filed herewith.</div>
    <div style="text-align: left; text-indent: -12.55pt; margin-left: 12.55pt; line-height: 11.4pt; margin-top: 4.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">25. Not applicable</div>
    <div style="text-align: left; text-indent: -12.55pt; margin-left: 12.55pt; line-height: 11.4pt; margin-top: 5.3pt; font-family: 'Times New Roman', serif; font-size: 10pt;">26. Not applicable</div>
    <div style="text-align: left; text-indent: -22.5pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">99. (a) <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001919000001/ex99a.htm">Appendix A Exhibit &#8211; Daily Adjustment Calculation &#8211; INY-024a (04/19)</a>, filed on January 25, 2019, as Exhibit 99(a) to Registrant's Post-Effective Amendment No. 2 on
      Form S-1 (File No. 333-224317), is incorporated by reference..</div>
    <div style="text-align: left; text-indent: -22.5pt; margin-left: 22.5pt; line-height: 14.25pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(b) <a href="http://www.sec.gov/Archives/edgar/data/80019/000008001918000002/audittransitionletter.htm">Transition Representation Letter</a> - Independent Registered Public Accounting Firm, pursuant to S-K, item 304, filed on April 17, 2018, as Exhibit
      99(b) to Registrant's initial registration on Form S-1 (File No. 333-224317), is incorporated by reference.</div>
    <div style="line-height: 9.7pt; margin-top: 0.35pt;"><br style="line-height: 9.7pt;">
    </div>
    <div style="text-align: left; margin-left: 22.5pt; line-height: 11.4pt; margin-top: 6.75pt; font-family: 'Times New Roman', serif; font-size: 10pt;">&#160;&#160;* Filed herewith</div>
    <div style="text-align: left; margin-left: 22.3pt; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">** To be filed by amendment</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="margin-top: 5.9pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(b)</font>&#160;&#160;&#160; <font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Financial Statement
        Schedules</font></div>
    <div style="text-align: left; line-height: 11.85pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif; font-size: 10pt;">All required financial statement schedules of Allianz Life Insurance Company of New York are included in Part I of this
      registration statement.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <div style="line-height: 15.4pt;"><br style="line-height: 15.4pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ITEM 17. UNDERTAKINGS.</div>
    <div style="line-height: 10.25pt; margin-top: 0.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb71e191a5856408a8da5218b29ce0c32" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(1)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zeeb5c7353a7a463b87f5cfe152dda470" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 5.9pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 11.4pt; margin-top: 5.9pt; font-family: 'Times New Roman', serif;">(i)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 18pt; line-height: 11.4pt; margin-top: 5.9pt; font-family: 'Times New Roman', serif;">To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4f46940e661b4ab18f0a04ca530153b0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.65pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 14.25pt; margin-top: 2.65pt; font-family: 'Times New Roman', serif;">(ii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 2.65pt; font-family: 'Times New Roman', serif;">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective
                amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
                (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the
                Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
                registration statement.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z96babcf2108d4d27b0bf30c10ebdc153" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.05pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 14.1pt; margin-top: 2.05pt; font-family: 'Times New Roman', serif;">(iii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 36pt; line-height: 14.1pt; margin-top: 2.05pt; font-family: 'Times New Roman', serif;">To include any material information with respect to the plan of distribution not previously disclosed in the registration
                statement or any material change to such information in the registration statement.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zff4bf39738bd4e2dae238528a983b0c8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 14.25pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">(2)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new
                registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5c215e89df0c4242a78528f658931377" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">(3)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
                offering.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc88a7ace52694b15838b9207829de059" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">(4)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part
                of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement
                as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by
                reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the
                registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0ee5061f18fb4043b0ef3f4930c2ed05" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">(5)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the
                securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
                purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
                purchaser:</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z19aeec1865994e0b83410eba152a64ef" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 14.1pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">(i)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.1pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0ffcb4214a83419ab5dc000a9ff89ce3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 14.1pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">(ii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.1pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned
                registrant;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z058ec01b134d4ff88924548b0b61b4ce" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.15pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 14.1pt; margin-top: 2.15pt; font-family: 'Times New Roman', serif;">(iii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 36pt; line-height: 14.1pt; margin-top: 2.15pt; font-family: 'Times New Roman', serif;">The portion of any other free writing prospectus relating to the offering containing material information about the undersigned
                registrant or its securities provided by or on behalf of the undersigned registrant; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8fda7ab48adc44ca9e6631eb4ab668d5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 2.3pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; line-height: 11.4pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">(iv)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-indent: 36pt; line-height: 11.4pt; margin-top: 2.3pt; font-family: 'Times New Roman', serif;">Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1bf47993d2964124b3ceee8b970c26da" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6.5pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; align: right;">
              <div style="line-height: 14.25pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif;">(6)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="line-height: 14.25pt; margin-top: 6.5pt; font-family: 'Times New Roman', serif;">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons
                of the Insurance Company pursuant to the foregoing provisions, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in
                the Act and, is therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of
                the Insurance Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Insurance Company will, unless in the
                opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed
                by the final adjudication of such issue.</div>
            </td>
          </tr>

      </table>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <div style="line-height: 0pt;"><br style="line-height: 0pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; margin-top: 2.5pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">SIGNATURES</div>
    <div style="line-height: 9.7pt; margin-top: 0.55pt;"><br style="line-height: 9.7pt;">
    </div>
    <div style="text-align: left; margin-right: 19.8pt; margin-left: 18pt; line-height: 12pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this
      registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 9th<font style="font-size: 6.5pt;">&#160;</font>day of April, 2020.</div>
    <div style="text-align: left; margin-right: 19.8pt; margin-left: 18pt; line-height: 11.4pt; margin-top: 6.25pt; font-family: 'Times New Roman', serif; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;ALLIANZ LIFE
      INSURANCE COMPANY OF NEW YORK</div>
    &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; By: <u>/S/ Walter R. White*</u>
    <div style="text-align: left; margin-right: 20.15pt; margin-left: 216pt; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Walter R. White</div>
    <div style="text-align: left; margin-right: 20.15pt; margin-left: 216pt; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Chief Executive Officer</div>
    <div style="line-height: 16.55pt; margin-top: 0.05pt;"><br style="line-height: 16.55pt;">
    </div>
    <div style="text-align: left; margin-right: 19.8pt; margin-left: 18pt; line-height: 11.9pt; font-family: 'Times New Roman', serif; font-size: 10pt;">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed
      by the following persons in the capacities indicated on April 9, 2020.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
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          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif; font-weight: bold;">Signature</div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif; font-weight: bold;">Title</div>
          </td>
        </tr>
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            <div style="margin-right: 19.8pt; line-height: 11pt;"><br>
            </div>
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          <td style="width: 56.2%; vertical-align: top;"><br>
          </td>
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          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Walter R. White<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Chairman of the Board and Chief Executive Officer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Eric Thomes<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director and President</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Gary A. Smith<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Martha Clark Goss<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Steven J. Thiel<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director, Vice President and Appointed Actuary</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Ronald M. Clark<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">William E. Gaumond<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director, Chief Financial Officer and Treasurer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Lorraine Lods <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 43.8%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Kevin E. Walker<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 56.2%; vertical-align: top;">
            <div style="margin-right: 19.8pt; line-height: 11.4pt; font-family: 'Arial Narrow', sans-serif;">Director</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 11.4pt; margin-top: 0.55pt;"><br style="line-height: 11.4pt;">
    </div>
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              </td>
              <td style="width: 25.2pt; vertical-align: top; align: right; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.</div>
              </td>
            </tr>

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    <div style="line-height: 9.1pt;"><br style="line-height: 9.1pt;">
    </div>
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    </div>
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    </div>
    <div style="text-align: left; line-height: 17.8pt;">
      <div>
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              <td style="width: 3pt;"><br>
              </td>
              <td style="width: 249pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif;">BY</font><font style="font-family: 'Times New Roman', serif;"><u>:&#160;&#160; /s/ Stewart D. Gregg</u></font></td>
              <td style="width: auto; vertical-align: top;"><br>
              </td>
            </tr>

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      </div>
    </div>
    <div style="text-align: left; text-indent: -15pt; margin-right: 19.8pt; margin-left: 18pt; line-height: 17.8pt; font-family: 'Times New Roman', serif; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;Stewart D. Gregg, Senior Counsel</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: center; line-height: 11.4pt; margin-top: 2.5pt; margin-bottom: 6pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">FORM S-1</div>
    <div style="text-align: center; line-height: 22.7pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK</div>
    <div style="text-align: center; line-height: 22.7pt; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">INDEX TO EXHIBITS</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 10.25pt; margin-top: 0.4pt;"><br style="line-height: 10.25pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z6a0e2bcf24074f92990947ab6be05434" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Exhibit</div>
          </td>
          <td style="width: 83.13%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Description of Exhibit</div>
          </td>
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        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">23(a)</div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">Consent of Independent Registered Public Accounting Firms</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">23(b)</div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">Consent of Counsel</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">24(c)</div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow', sans-serif;">Powers of Attorney</div>
          </td>
        </tr>

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{"company-data": {"conformed-name": "ALLIANZ LIFE INSURANCE CO OF NEW YORK", "cik": "0000080019", "irs-number": "133191369", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-1", "act": "33", "file-number": "333-237622", "film-number": "20784560"}, "business-address": {"street1": "5701 GOLDEN HILLS DRIVE", "city": "GOLDEN VALLEY", "state": "MN", "zip": "55308", "phone": "800-950-5872"}, "mail-address": {"street1": "5701 GOLDEN HILLS DRIVE", "city": "GOLDEN VALLEY", "state": "MN", "zip": "55308"}, "former-company": {"former-conformed-name": "PREFERRED LIFE INSURANCE CO OF NEW YORK", "date-changed": "19951128"}}
As filed with the Securities and Exchange Commission on April 9, 2020                      Registration
      No. 333-
______________________________________________________________________________________________________________________________________________________________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________________________
FORM S-1 REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
_____________________________________
Allianz Life Insurance Company of New York
(Exact name of Registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation or organization)
6311
(Primary Standard Industrial Classification Code Number)
13-3191369
(I.R.S. Employer
Identification No.)
One Chase Manhattan Plaza, 37th Floor, New York, New York 10005-1423
(212) 586-7733
(Address, including zip code, and telephone number, including area code, of Registrant's principal
      executive offices)
______________________________________
Stewart D. Gregg, Esq.
Allianz Life Insurance Company of North America
5701 Golden Hills Drive Minneapolis, MN 55416
(763) 765-2913
(Name, address, including zip code, and telephone number, including area code, of
      agent for service)
Approximate date of commencement of proposed sale to the public:
As soon as practicable after this registration statement becomes effective.
If any of the securities being registered on this Form are to be offered on a
      delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. [X]
Indicate by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
[   ]            Accelerated filer    [   ]
Non-accelerated filer
[X]
Smaller reporting company [ ]   (Do not check if a smaller
        reporting company)
Calculation of Registration Fee
Title of each class of securities to be registered
Amount to be registered
Proposed maximum offering price per unit
Proposed maximum total aggregate offering price
Total Amount of registration fee
Individual Flexible Purchase Payment Index-Linked Deferred Annuity Contract
$1,000,000,000
(1)
NA
(2)
$2,285
,000,000
$283,034
(3)
(1)
The total registered amount includes $300,000,000 of securities was previously registered on May 2, 2014,
                $285,000,000 registered on April 8, 2016,  $50,000,000 registered on April 1, 2017, $400,000,000 registered on April 6, 2018, $250,000,000 registered on April 16, 2019 and $1,000,000,000 being registered with this Registration, by the
                Registrant under the Registration statements on Form S-1 (File Nos. 333-192948, 333-210671, 333-217304, 333-224317, and 333-230916), initially declared effective on May 9, 2014, April 25, 2016, May 1, 2017, May 1, 2018, and April 29, 2019.
                Pursuant to Rule 415(a)(6) under the Securities Act of 1933, as amended (the "Securities Act"), all unsold securities from the Prior Registration Statements will be added to this Registration Statement and the offering of  securities under
                the Prior Registration Statement will be deemed terminated as of the date of effectiveness of this Registration Statement. As of December 31, 2019, there were $194,612,440 of unsold securities registered pursuant to the Prior Registration
                Statements.
(2)
The proposed maximum offering price per unit is not applicable since these securities are not issued in predetermined amounts or
                units. The full registration fee will be paid upon pre-effective amendment.
(3)
The Registrant previously paid a registration fee in the amount of $38,640, $28,699, $5,795, $49,800, and $30,300
                with respect to the securities registered to the Prior Registration Statements. Securities registered pursuant to the Prior Registration Statement that are unsold as of the effective date of this Registration Statement will be included in
                this Registration Statement pursuant to Rule 415(a)(6) as of the effective date. The previously paid fee will continue to be applied to such unsold shares, which the Registrant may continue to offer and sell. The Registrant is paying a
                registration fee with this registration statement in the amount of $129,800.
The Registrant hereby amends this registration statement on such date or dates as
      may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of
      1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
Pursuant to Rule 429, the prospectus filed herewith is combined with the prospectus
      from the Prior Registration Statements (File Nos. 333-192948, 333-210671, 333-217304, 333-224317, and 333-230916).
PART I PROSPECTUS
ALLIANZ Index Advantage
®
New York VARIABLE ANNUITY CONTRACT
An individual flexible purchase payment
                index-linked and variable deferred annuity contract
(the Contract)
Issued by Allianz Life
®
of NY Variable Account C
(the Separate Account)
and
Allianz Life Insurance Company of New York
(Allianz Life
®
of New York, we, us, our)
Prospectus Dated: May 1, 2020
Standard Annuity Features
Available Investment Options
• Five fixed annuitization options
(Annuity Options)
• Free withdrawal privilege during the six-year withdrawal charge period• Systematic withdrawal program• Minimum distribution program for certain tax qualified Contracts• 
                        Waiver of withdrawal charge benefit• Guaranteed death benefit
• 16 index-linked investment options
(Index Options)
based on different
                        combinations of four credit calculation methods
(Crediting Methods)
and four nationally recognized third-party broad based equity securities indexes
(Index or
                          Indexes)
• Three variable investment options
(Variable Options)
The risk of loss can become greater in the case of an early withdrawal due to withdrawal charges. Withdrawals
                        will be subject to federal and state taxation, and withdrawals taken before age 59
1
⁄
2
may also be subject to a 10% additional federal tax.
If this is a
Non-Qualified Contract,
a withdrawal will be
                          taxable to the extent that gain exists within the Contract. A
Non-Qualified
Contract is a Contract that is not purchased under a pension or retirement plan that qualifies for special tax
                          treatment under sections of the Internal Revenue Code
(the Code)
.
Crediting Methods Currently Available
Indexes Currently Available with All Crediting Methods
• Index Protection NY Strategy
• Index Performance Strategy
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
Crediting Methods and Indexes may not be available to previously issued Contracts as detailed in Appendix F.
Crediting Method Highlights
All Crediting Methods provide a level of protection against negative Performance Credits from negative Index performance, and a limit on positive Performance Credits
                          from positive Index performance.
Performance Credits
are the annual return you receive when you allocate
                          assets to an Index Option.
Negative Index Performance Protection
Positive Index Performance Participation Limit
Index Protection NY Strategy
•
Buffers
(the amount of negative Index performance we absorb)
–  Buffers cannot be less than 5%
•
Caps
(the
upper limit
on positive Index
                        performance)
–  Caps cannot be less than 1.50%
Index Performance Strategy
•
Buffers
–  Buffers cannot be less than 5%
• Caps
–  Caps cannot be less than 1.50%
The Contract's risks are described in Risk Factors on page 17
                of this prospectus.
Variable Options Currently Available
AZL
®
MVP Growth Index Strategy Fund
AZL
®
MVP Balanced Index Strategy Fund
AZL
®
Government Money Market Fund
You can allocate the money you put into the Contract
(Purchase Payments)
to any or all of the available Index Options and Variable Options
(Allocation Options)
. You may also reallocate and transfer Contract Value among
                the Allocation Options subject to certain restrictions described in this prospectus. Your
Contract Value
is the value of your Purchase Payments based on the returns of your selected Allocation Options
                reduced for Contract fees, expenses and withdrawals.
If you allocate Purchase Payments or transfer Contract Value
                to the Index Options, you receive Performance Credits calculated by us based on the performance of one or more Indexes over a year-long period
(Index Year)
as measured by the Index Return. An Index
                Year is a twelve-month period beginning on the
Index Effective Date
or a subsequent Index
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
1
Anniversary. The
Index Return
is the
                percentage change in Index Value from the Index Effective Date or an Index Anniversary to the next Index Anniversary. The
Index Value
is the Index's price at the end of the Business Day on the Index
                Effective Date and each Index Anniversary. The
Index Effective Date
is the first day we allocate assets to an Index Option. An
Index Anniversary
is a
                twelve-month anniversary of the Index Effective Date and is the date we apply Performance Credits.
Because we calculate Index Returns only on a single date in time, you may experience negative or flat
                  performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Index Year.
Performance Credits may be positive, negative, or equal to
                zero, depending on the applicable Crediting Method and the performance of the applicable Index.
A negative Performance Credit means that you can lose principal and previous earnings.
Caps that we use to determine Performance Credits for a
                Contract can change on each Index Anniversary
and may vary substantially based on market conditions. However, in extreme market environments, it is possible that all Caps will be equal and
                  reduced to the minimum of 1.50%.
Buffers that we use to determine Performance Credits for a Contract do not change once they are established. The Crediting Methods are described in greater detail in the Summary, and in section 5,
                Valuing Your Contract – Calculating Performance Credits. The Indexes are described in Appendix A. For historical information on the Buffer and Caps, see Appendix C. For historical Index Option performance information, see Appendix D.
If you allocate Purchase Payments or transfer Contract Value
                to the Variable Options, the value of your investment
(Variable Account Value)
increases and decreases each Business Day based on your selected Variable Options' performance. A
Business Day
is each day the New York Stock Exchange is open for trading and it ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. The Separate
                Account holds the assets you allocate to the Variable Options.
The Variable Options do not provide any protection against loss of principal. You can lose principal and previous earnings that
                  you allocate to the Variable Options.
Index-linked and variable annuity contracts are complex
                insurance and investment vehicles.
Before you invest, be sure to ask your
Financial Professional
(the person who advises you regarding the Contract) about the
                  Contract's features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon your financial situation and objectives, and for a specific recommendation to purchase the Contract.
All guarantees under the Contract, including Performance
                Credits, are the obligations of Allianz Life of New York and are subject to our claims paying ability and financial strength.
Please read this prospectus before investing and keep it for
                future reference. The prospectus describes all material rights and obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life of New York that you ought to know before investing. This
                prospectus is not an offering in any state, country, or jurisdiction in which we are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to give you
                different information.
The Securities and Exchange Commission (SEC) has not approved
                or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is
                not federally insured or guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.
Allianz Life of NY Variable Account C is the Separate Account
                that holds the assets allocated to the Variable Options. Additional information about the Separate Account has been filed with the SEC and is available upon written or oral request without charge. A Statement of Additional Information
(SAI)
dated the same date as this Form N-4 prospectus includes additional information about the Contract. The SAI is also filed with the SEC on Form N-4 under File Number 333-192949 and is incorporated by
                reference into this prospectus. The SAI is available without charge by contacting us at the telephone number or address listed at the back of this prospectus. The SAI's table of contents appears after the Privacy and Security Statement in
                this prospectus. The prospectus and SAI are also available on our website at www.allianzlife.com/new-york. The prospectus, SAI and other Contract information are also available on the EDGAR database on the SEC's website (www.sec.gov).
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New York Variable Annuity Prospectus – May 1, 2020
2
Beginning on January 1, 2021, as permitted by regulations
                adopted by the SEC, paper copies of the shareholder reports for Variable Options available under your contract may no longer be sent by mail, unless you specifically request paper copies of the reports from Allianz Life of New York or from
                your Financial Professional. Instead, the reports would be made available on a website, and you would be notified by mail each time a report is posted and provided with a website link to access the report. If you already elected to receive
                shareholder reports electronically, you would not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from Allianz Life of New York electronically by contacting
                our Service Center at the toll-free telephone number listed at the back of this prospectus or by signing up for electronic delivery on our website at www.allianzlife.com/paperless. You may elect to receive all future reports in paper free
                of charge. You can inform Allianz Life of New York that you wish to continue receiving paper copies of your shareholder reports by contacting your Financial Professional, or contacting our Service Center at the toll-free telephone number
                listed at the back of this prospectus. Your election to receive reports in paper will apply to all Variable Options available under your contract.
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New York Variable Annuity Prospectus – May 1, 2020
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TABLE OF CONTENTS
Glossary
6
Summary
10
Who Should Consider Purchasing the Contract?
12
How Do the Crediting Methods Work?
12
How Do the Crediting Methods Compare?
13
Bar Chart Examples of the Crediting Methods Performance
13
Can the Crediting Methods or Indexes Change?
15
When Does Allianz Establish the Values Used to Determine Index Credits?
15
What Are the Different Values Within the Contract?
15
What Is the Daily Adjustment?
16
What is the Performance Lock?
17
Risk Factors
17
Liquidity Risks
17
Risks of Investing in Securities
17
Risk of Negative Returns
18
Risks Associated with Calculation of Performance Credits
19
Risks Associated with Performance Locks
19
Substitution of an Index
20
Changes to Caps and Buffers
20
Investment in Derivative Hedging Instruments
21
Our Financial Strength and Claims-Paying Ability
21
Regulatory Protections
22
Fee Tables
22
Owner Transaction Expenses
22
Owner Periodic Expenses
22
Contract Annual Expenses
23
Annual Operating Expenses of the Variable Options
23
Examples
23
Condensed Financial Information
24
1.
The Contract
25
Financial Adviser Fees
25
When the Contract Ends
26
2.
Ownership, Annuitant, Determining Life, Beneficiary, and Payee
26
Owner
26
Joint Owner
26
Annuitant
26
Determining Life (Lives)
27
Beneficiary
27
Payee
27
Assignments, Changes of Ownership and Other Transfers of Contract Rights
27
3.
Purchasing the Contract
28
Purchase Requirements
28
Applications Sent Electronically
28
Allocation of Purchase Payments and Contract Value Transfers
28
Automatic Investment Plan (AIP)
29
Free Look/Right to Examine Period
30
4.
Variable Options
30
Substitution of Variable Options and Limitation on Further Investments
31
Transfers Between Variable Options
31
Electronic Transfer and Allocation Instructions
32
Electronic Transfer and Allocation Instructions
32
Excessive Trading and Market Timing
32
Voting Privileges
34
5.
Valuing Your Contract
34
Determining Variable Account Value
35
Determining Index Option Values
36
Calculating Performance Credits
36
Daily Adjustment
37
Performance Locks
37
Optional Reallocation Program
38
6.
Expenses
38
Product Fee
38
Contract Maintenance Charge
40
Withdrawal Charge
40
Transfer Fee
42
Premium Tax
42
Income Tax
42
Variable Option Expenses
42
7.
Access to Your Money
42
Free Withdrawal Privilege
43
Systematic Withdrawal Program
43
Minimum Distribution Program and Required Minimum Distribution (RMD) Payments
44
Waiver of Withdrawal Charge Benefit
44
Suspension of Payments or Transfers
44
8.
The Annuity Phase
44
Calculating Your Annuity Payments
44
Annuity Payment Options
45
When Annuity Payments Begin
45
9.
Death Benefit
46
Death of the Owner and/or Annuitant
47
Death Benefit Payment Options During the Accumulation Phase
47
Death Benefit Payment Options
48
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                  Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
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TABLE OF CONTENTS
10.
Taxes
48
Qualified and Non-Qualified Contracts
48
Taxation of Annuity Contracts
49
Tax-Free Section 1035 Exchanges
50
11.
Other Information
50
The Registered Separate Account
50
Our General Account
50
Our Unregistered Separate Account
50
Distribution
51
Additional Credits for Certain Groups
52
Administration/Allianz Service Center
52
Legal Proceedings
53
Status Pursuant to Securities Exchange Act of 1934
53
12.
Information on Allianz Life of New York
53
Directors, Executive Officers and Corporate Governance
53
Executive Compensation
57
Security Ownership of Certain Beneficial Owners and Management
67
Transactions with Related Persons, Promoters and Certain Control Persons
67
Business and Operational Risks Relevant to the Contract
67
13.
Financial Statements
73
Auditor Update
73
14.
Privacy Notice
74
15.
Table of Contents of the Form N-4 SAI
76
Appendix A – Available Indexes
77
S&P 500
®
Index
77
Russell 2000
®
Index
77
Nasdaq-100
®
Index
78
EURO STOXX 50
®
78
Appendix B – Daily Adjustment
80
Appendix C – Historical Buffers and Initial and Renewal Caps
82
Index Protection NY Strategy
82
Index Performance Strategy
82
Appendix D – Historical Index Option Performance Information
84
Index Performance Strategy with the S&P 500
®
Index
84
Appendix E – Annual Contract Fees Calculation Examples
87
Appendix F – Material Contract Variations by Issue Date
88
Crediting Method and/or Index Availability Restrictions
88
Automatic Performance Lock Availability Restrictions
88
Appendix G – Selected Financial Data and Statutory Financial Statements
89
Management's Discussion and Analysis of Financial Condition and Results of Operations (For the 12 month period ended December 31, 2019)
89
Statutory Financial Statements
89
For Service or More Information
90
Our Service Center
90
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New York Variable Annuity Prospectus – May 1, 2020
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Table of Contents
Glossary
This prospectus is written in plain English. However, there
                are some technical words or terms that are capitalized and are used as defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.
Accumulation Phase
– the
                  first phase of your Contract before you apply your Contract Value to Annuity Payments. The Accumulation Phase begins on the Issue Date.
Allocation Options
– the
                  Variable Options and Index Options available to you under the Contract.
Annuitant
– the individual
                  upon whose life we base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.
Annuity Date
– the date we
                  begin making Annuity Payments to the Payee from the Contract.
Annuity Options
– the annuity
                  income options available to you under the Contract.
Annuity Payments
– payments
                  made by us to the Payee pursuant to the chosen Annuity Option.
Annuity Phase
– the phase the
                  Contract is in once Annuity Payments begin.
Beneficiary
– the person(s)
                  or entity the Owner designates to receive any death benefit, unless otherwise required by the Contract or applicable law.
Buffer
– for any Index
                  Option, this is the negative Index Return that we absorb before applying a negative Performance Credit. On the Issue Date we establish a Buffer for each Index Option. However, if after the Issue Date we add a new Index Option, we
                  establish the Buffer for it on the date we add the Index Option to your Contract. Buffers are stated in your Contract and do not change once they are established.
Business Day
– each day on
                  which the New York Stock Exchange is open for trading, except, with regard to a specific Variable Option, when that Variable Option does not value its shares. Allianz Life of New York is open for business on each day that the New York
                  Stock Exchange is open. Our Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time.
Cap
– for any Index Option,
                  this is the upper limit on positive Index performance and the maximum potential Performance Credit for an Index Option. We set a Cap for each Index Option on the Index Effective Date and each Index Anniversary. The Caps applicable to your
                  Contract are shown on the Index Options Statement.
Charge Base
– the Contract
                  Value on the preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), adjusted for subsequent Purchase Payments and any Contract
                  Value withdrawn. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any amounts we withdraw for any Contract fees and expenses. We use the Charge Base to determine the next product fee we deduct.
Contract
– the individual
                  flexible purchase payment index-linked and variable deferred annuity contract described by this prospectus.
Contract Anniversary
– a
                  twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.
Contract Value
– the value of
                  your Purchase Payments based on the returns of your selected Allocation Options reduced for previously assessed Contract fees and expenses, and withdrawals. On any Business Day, your Contract Value is the sum of your Index Option Value(s)
                  and Variable Account Value. The Variable Account Value component of the Contract Value fluctuates each Business Day that money is held in a Variable Option. The Index Option Value component of the Contract Value is adjusted on each Index
                  Anniversary to reflect Performance Credits, which can be negative .
A negative Performance Credit means that you can lose principal and previous earnings.
The Index Option Values also reflect the
                  Daily Adjustment on every Business Day other than the Index Effective Date or an Index Anniversary. The Contract Value reflects any previously deducted fees and charges, but does not reflect fees and charges that we would apply on
                  liquidation. The cash surrender value reflects all fees and charges that we would apply on liquidation.
Contract Year
– any period of
                  twelve months beginning on the Issue Date or a subsequent Contract Anniversary.
Crediting Method
– a method
                  we use to calculate annual Performance Credits if you allocate Purchase Payments or transfer Contract Value to an Index Option.
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Table of Contents
Daily Adjustment
– how we
                  calculate Index Option Values on days other than the Index Effective Date or an Index Anniversary for each Index Option as discussed in the Summary – What is the Daily Adjustment?; section 5, Valuing Your Contract – Daily Adjustment ; and
                  Appendix B. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index
                  Anniversary.
Determining Life (Lives)
–
                  the person(s) designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit .
Financial Professional
– the
                  person who advises you regarding the Contract.
Good Order
– a request is in
                  "Good Order" if it contains all of the information we require to process the request. If we require information to be provided in writing, "Good Order" also includes providing information on the correct form, with any required
                  certifications, guarantees and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the
                  information we require, or whether you can submit certain information by fax, email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that
                  includes the date and time we received your information.
Index (Indexes)
– one (or
                  more) of the nationally recognized third-party broad based equity securities Indexes available to you under your Contract. The Indexes are described in Appendix A.
Index Anniversary
– a
                  twelve-month anniversary of the Index Effective Date or any subsequent Index Anniversary.  It is the date we apply Performance Credits. If an Index Anniversary does not occur on a Business Day, we consider it to occur on the next Business
                  Day for the purposes of determining Index Values and Index Returns, applying Performance Credits, and setting the Caps.
Index Effective Date
– the
                  first day we allocate assets to an Index Option. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this Contract you select the Index Effective Date as discussed in
                  section 3, Purchasing the Contract – Allocation of Purchase Payments and Contract Value Transfers.
Index Option
– the
                  index-linked investment options to which you can allocate Purchase Payments or transfer Contract Value. Each Index Option is the combination of an Index and a Crediting Method.
Index Option Base
– an amount
                  we use to calculate Performance Credits and the Daily Adjustment. The Index Option Base is equal to the amounts you allocate to an Index Option adjusted for withdrawals, Contract fees and expenses, transfers into or out of the Index
                  Option, and the application of any Performance Credits.
Index Option Value
– on any
                  Business Day it is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Performance Credits from previous Index
                  Anniversaries and reflects deduction of any previously assessed contract maintenance charge, product fee, and withdrawal charge. On each Business Day during the Index Year other than the Index Effective Date or an Index Anniversary, each
                  Index Option Value also includes the Daily Adjustment.
Index Options Statement
– the
                  account statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, and Caps for the Index Options you selected. On each Index
                  Anniversary, the statement shows the new Index Values, Performance Credits received, and renewal Caps that are effective for the next year for the Index Options you selected.
Index Performance Strategy
–
                  one of the Crediting Methods described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. The Index Performance Strategy calculates Performance Credits based on Index Returns subject to a Cap and Buffer. You
                  can receive negative Performance Credits, which means you can lose principal and previous earnings. The Index Performance Strategy provides the highest potential returns. Its Caps will generally be greater than the Index Protection NY
                  Strategy Caps. The Index Performance Strategy is more sensitive to large negative market movements because small negative market movements are absorbed by the Buffer.
Index Protection NY Strategy
– one of the Crediting Methods described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. The Index Protection NY Strategy calculates Performance Credits based on Index Returns subject to a Cap and Buffer.
                  You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Protection NY Strategy provides more protection than the Index Performance Strategy. It
                  generally has higher Buffers in exchange for lower Caps.
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Table of Contents
Index Return
– the percentage
                  change in Index Value from the Index Effective Date or an Index Anniversary to the next Index Anniversary, which we use to determine the Performance Credits for any Index Option. The Index Return is an Index's current Index Value, minus
                  its Index Value on the last Index Anniversary (or the Index Effective Date if this is the first Index Anniversary), divided by its Index Value on the last Index Anniversary (or the Index Effective Date if this is the first Index
                  Anniversary).
Index Value
– an Index's
                  price at the end of the Business Day on the Index Effective Date and each Index Anniversary as provided by Bloomberg or another market source if Bloomberg is not available.
Index Year
– a twelve-month
                  period beginning on the Index Effective Date or a subsequent Index Anniversary.
Issue Date
– the date we
                  issue the Contract. The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.
Joint Owners
– the two
                  person(s) designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.
Lock Date
– this is the
                  Business Day we execute a Performance Lock and capture an Index Option Value (which
includes
the Daily Adjustment) before the Index Anniversary.
Non-Qualified Contract
– a
                  Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
Owner
– "you," "your" and
                  "yours." The person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.
Payee
– the person or entity
                  who receives Annuity Payments during the Annuity Phase.
Penalty-Free Withdrawals
–
                  withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution program. Penalty-Free Withdrawals are not subject to a withdrawal charge.
Performance Lock
– a feature
                  that allows you to capture the current Index Option Value during the Index Year for any Index Option . A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. After
                  the Lock Date, Daily Adjustments do not apply to a locked Index Option for the remainder of the Index Year and the Index Option Value will not receive a Performance Credit on the next Index Anniversary.
Performance Credit
– the
                  Credit you receive on an Index Anniversary for any Index Option . We base Performance Credits on Index Values and Index Returns limited by the Cap and Buffer. Performance Credits can be negative,
which means you can lose principal
                and previous earnings.
Proxy Investment
– provides a
                  current estimate of what the Performance Credit will be on the next Index Anniversary taking into account any applicable Cap or Buffer. We use the Proxy Investment to calculate the Daily Adjustment on Business Days other than the Index
                  Effective Date or an Index Anniversary. For more information, see Appendix B.
Proxy Value
– the
                  hypothetical value of the Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.
Purchase Payment
– the money
                  you put into the Contract.
Qualified Contract
– a
                  Contract purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred
                  to as TSA contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs. We may also issue an Inherited IRA and Inherited Roth IRA to
                  make any required minimum distribution payments to a beneficiary of a previously held tax-qualified arrangement.
Quarterly Contract Anniversary
– the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.
Separate Account
– Allianz
                  Life of NY Variable Account C is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life of New York. The Separate Account holds the
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Table of Contents
Variable Options that underlie the Contracts. The Separate Account is divided
                into subaccounts, each of which invests exclusively in a single Variable Option. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.
Service Center
– the area of
                  our company that issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications and/or
                  checks for Purchase Payments may be different and is also listed at the back of this prospectus.
Traditional Death Benefit
–
                  the guaranteed death benefit automatically provided by the Contract for no additional fee described in the Summary and section 9.
Valid Claim
– the documents
                  we require to be received in Good Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified
                  copy of the death certificate, a decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.
Variable Account Value
– on
                  any Business Day it is equal to the portion of your Contract Value in your selected Variable Options. The Variable Account Value increases and decreases based on your selected Variable Options' performance and reflects deduction of the
                  Variable Option operating expenses, and any previously assessed transfer fee, contract maintenance charge, product fee, and withdrawal charge.
Variable Options
– the
                  variable investments available to you under the Contract. Variable Option performance is based on the securities in which they invest.
Withdrawal Charge Basis
– the
                  total amount under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses – Withdrawal Charge.
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Table of Contents
Summary
The Allianz Index Advantage
®
New York is a product that offers index-linked and variable investment options and allows you to defer taking regular fixed periodic payments
(Annuity Payments)
to a future date. During the first phase of your Contract
(Accumulation Phase)
your Contract Value fluctuates based on the performance of your
                selected Allocation Options and the deduction of Contract fees and expenses. During this phase you can make additional Purchase Payments and take withdrawals, and if you die we pay a death benefit to the person(s) you designate
(Beneficiary(s))
. If you request Annuity Payments the Accumulation Phase of your Contract ends and the
Annuity Phase
begins. Annuity Payments are fixed payments we
                make based on the Annuity Option you select and your Contract Value.
Purchasing a Contract: Key Features at a Glance
Issue Age
(see section 3)
On the date we issue the Contract
(the Issue Date)
, all Owners and the Annuitant must be age 80 or younger.
The
Owner
is the person or entity designated at issue who may exercise all Contract rights. The
Annuitant
is the individual upon whose life we base
                        Annuity Payments.
Purchase Payment Standards
(see section 3)
• $10,000 minimum initial Purchase Payment due on the Issue Date.
• You can make additional Purchase Payments of at least $50 during the Accumulation Phase.
• $1 million maximum in total Purchase Payments.
Allocation of Purchase Payments and Contract Value Transfers
(see section 3)
You can allocate your Purchase Payments to any or all of the Allocation Options available under your Contract. We only allow assets to move into the Index
                        Options on the Index Effective Date and on subsequent Index Anniversaries.
•  As a result, we hold Purchase Payments you allocate to the Index Options in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your instructions. For additional Purchase
                        Payments we receive after the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary.
• On each Index Anniversary, you can transfer Variable Account Value to the available Index Options, and you can transfer
Index Option Value
(the portion of your Contract Value in a particular
                        Index Option) between Index Options.
•  Purchase Payments you allocate to an Index Option must be held in the Index Option for one full Index Year before they can receive a Performance Credit.
Therefore, additional
                          Purchase Payments we receive after the Index Effective Date that you allocate to an Index Option are not eligible to receive a Performance Credit until the second Index Anniversary after we receive them.
• You can only transfer Index Option Value to the Variable Options on every sixth Index Anniversary,
at which point you can do so even if the assets you wish to transfer have
                          been in the Index Options for less than six full years.
Daily Adjustment
(see "What is the Daily Adjustment?" in this Summary and section 5)
The
Daily Adjustment
is how we calculate Index Option Values on days other than the Index Effective Date or an Index
                        Anniversary. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index
                        Anniversary. The Daily Adjustment takes into account any Index gains subject to the Cap, or any Index losses greater than the Buffer, but in the form of the estimated present value. Therefore, the Daily Adjustment could result in a
                        loss beyond the protection of the or Buffer.
Performance Lock
(see "What is the Performance Lock?" in this Summary and section 5)
A feature that allows you to capture the current Index Option Value during the Index Year for any Index Option . If we execute a Performance Lock for an
                        Index Option we do not apply the Daily Adjustment to it for the remainder of the Index Year and the Index Option Value will not receive a Performance Credit on the next Index Anniversary.
Product Fee
(see the Fee Tables and section 6)
• Product fee is 1.25%.
Accrued daily and deducted on each
Quarterly Contract Anniversary
(the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary). The product
                        fee is calculated as a percentage of the
Charge Base
(the Contract Value on the preceding Quarterly Contract Anniversary, adjusted for subsequent Purchase Payments and withdrawals).
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Table of Contents
Purchasing a Contract: Key Features at a Glance
Other Contract Fees and Expenses
(see the Fee Tables and section 6)
• An 8.5% declining withdrawal charge applies to withdrawals taken within six years after receipt of each Purchase Payment
                        during the Accumulation Phase.
• $50 contract maintenance charge assessed annually if the total Contract Value is less than $100,000.
• $25 fee per transfer if you make more than twelve transfers between Variable Options in a Contract Year.
• Variable Option operating expenses before fee waivers and expense reimbursements of 0.67% to 0.88% of the average daily net assets.
A
Contract Year
is any period of twelve months beginning on the Issue Date or a subsequent Contract Anniversary. A
Contract Anniversary
is a
                        twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.
You can withdraw your Contract Value, subject to any applicable withdrawal charge, and federal and state taxation. Withdrawals taken before age 59
1
⁄
2
may also be subject to a 10% additional federal tax.
Free Withdrawal Privilege
(see section 7)
Allows you to withdraw 10% of your total Purchase Payments each Contract Year during the Accumulation Phase without incurring a withdrawal charge.
• Any unused free withdrawal privilege in one Contract Year is not added to the amount available in the next Contract Year.
• If you withdraw more than the free withdrawal privilege we will assess a withdrawal charge if the withdrawal is taken from a Purchase Payment we received within the last six years.
•
Not available if you take a full withdrawal of your total Contract Value.
Systematic Withdrawal Program
(see section 7)
Provides automatic withdrawals of at least $100 to you at a frequency you select. These withdrawals:
• reduce the amount available under the free withdrawal privilege, and
• are subject to a withdrawal charge if you exceed the free withdrawal privilege.
Minimum Distribution Program
(see section 7)
If you own an Individual Retirement Annuity
(IRA)
, SEP IRA or Inherited IRA Contract, this program provides payments
                        to you designed to meet the Code's minimum distribution requirements. These withdrawals:
• reduce the amount available under the free withdrawal privilege, but
• are
not
subject to a withdrawal charge if you exceed the free withdrawal privilege.
Waiver of Withdrawal Charge Benefit
(see section 7)
This benefit allows you to take a withdrawal without incurring a withdrawal charge if you are confined to a nursing home for a period of at least 90
                        consecutive days.
Annuity Payments
(see section 8)
Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer
                        need immediate access to Contract Value to meet their short-term income needs.
• We offer five Annuity Options that provide payments for life, life and term certain, or life with refund.
• We base Annuity Payments on your Contract Value, the Annuity Option you select, and the lifetime and age of the Annuitant(s).
• For an individually owned Contract, Annuity Payments can be either single or joint.
Death Benefit
(see section 9)
The Contract automatically includes the Traditional Death Benefit for no additional fee. The death benefit is paid upon the first death of any Determining
                        Life during the Accumulation Phase.
• We establish the Determining Lives at Contract issue and they generally do not change unless there is a divorce or you establish a Trust.
• The
Determining Life (or Lives)
is either the Owner(s) or the Annuitant if the Owner is a non-individual.If a Determining Life dies during the Accumulation Phase your Beneficiary(s) will
                        receive the greater of the Contract Value or the total Purchase Payments adjusted for withdrawals.
•
Withdrawals reduce your total Purchase Payments proportionately,
which means this value may be reduced by more than the amount withdrawn
.
•
If you change Owner(s) the death benefit may be reduced to Contract Value.
Material Contract Variations
(see Appendix F)
The product or certain product features may not currently be available in all Contracts or may not be available from all
                        selling firms or from all Financial Professionals. Your Financial Professional can also provide information regarding availability of Allocation Options.
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Purchasing a Contract: Key Features at a Glance
Customer Service
(see the last page of this prospectus)
If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or transfer,
                        changing your allocation instructions, etc.) please contact our Service Center at (800) 624-0197. Our
Service Center
is the area of our company that issues Contracts and provides Contract
                        maintenance and routine customer service. You can also contact us by:
• mail at Allianz Life Insurance Company of New York, P.O. Box 561,
Minneapolis, MN 55440-0561, or
• email at Contact.Us@allianzlife.com.
Who Should Consider Purchasing the Contract?
We designed the Contract for people who are looking for a
                level of protection for their principal while providing potentially higher returns than are available on traditional fixed annuities. This Contract is not intended for someone who is seeking complete protection from downside risk, nor
                someone who is seeking unlimited investment potential.
We offer other annuity contracts that may address your
                investment and retirement needs. These contracts include variable annuities, registered index-linked annuities and fixed index annuities. These annuity products may offer different features and benefits more appropriate for your needs,
                including allocation options, fees and/or expenses that are different from those in the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms
                may not offer and/or limit offering of certain features and benefits, as well as limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity
                contracts, please contact your Financial Professional.
For example, these other annuity contracts may have different
                Index Options, and different rates and minimums for the Caps and Buffers. Caps may also be affected, positively or negatively, by expenses we incur in providing other contract features. For example, a product that deducts fees and expenses
                from Index Options may have higher Caps than a contract that deducts fees and expenses only from Variable Options.
How Do the Crediting Methods Work?
The
Index Protection NY
                  Strategy
provides a Performance Credit based on Index Values and Index Return.
•
If
                        the Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap.
•
If
                        the current Index Value is equal to the Index Value on the last Index Anniversary, the Performance Credit is zero.
•
If the Index Return is negative and the loss is:
–
less
                        than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer.
–
greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer.
The
Index Performance
                  Strategy
also provides a Performance Credit based on Index Values and Index Returns.
•
If
                        the Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap.
•
If
                        the current Index Value is equal to the Index Value on the last Index Anniversary, the Performance Credit is zero.
•
If the Index Return is negative and the loss is:
–
less
                        than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer.
–
greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer.
A more detailed description of how we calculate Credits,
                including numerical examples, is included in section 5, Valuing Your Contract – Calculating Credits.
•
The Index Protection NY Strategy and Index Performance Strategy allow negative Performance Credits.
A negative Performance Credit means you can
                          lose principal and previous earnings. These losses could be significant.
•
Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through
                          some, or most, of the Index Year.
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How Do the Crediting Methods Compare?
The Crediting Methods have different risk and return
                potentials.
Index Protection NY Strategy
Index Performance Strategy
What is the asset protection?
• Most protection – generally has higher Buffers than the Index Performance Strategy.
• Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.
• Potential for large losses in any one Index Year.
• Impacted by very large negative market movements because small and moderate negative market movements are absorbed by the Buffer.
• Less protection – generally has lower Buffers than the Index Protection NY Strategy.
• Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.
• Potential for large losses in any one Index Year.
• More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance
                        Strategy.
What is the growth opportunity?
• Less growth opportunity – generally has lower Caps than the Index Performance Strategy.
• Growth opportunity limited by the Cap.
• Most growth opportunity – generally has higher Caps than the Index Protection NY Strategy.
• Growth opportunity limited by the Cap.
• May perform best in a strong market.
What can change within a Crediting Method?
• Renewal Caps for existing Contracts can change annually.
• Caps are subject to a 1.50% minimum, and Buffers are subject to a 5% minimum.
• Renewal Caps for existing Contracts can change annually.
• Caps are subject to a 1.50% minimum, and Buffers are subject to a 5% minimum.
•
You participate in any negative Index Return in excess of the Buffer
, which reduces your Contract Value. For example, if we set the Buffer at 5% we would
                        absorb the first -5% of Index Return and you could lose up to 95% of the Index Option Value.
• The minimum Buffer is the least amount of protection that you could receive from negative Index Returns for any Index Option.
• Caps as set by us from time-to-time may vary substantially based on market conditions.
However, in extreme market environments, it is possible that all Caps will be equal and
                          reduced to the minimum of 1.50%
.
•
Caps and Buffers can be different from Index Option to Index Option
. For example, Caps for the Index Performance Strategy can be different between the S&P 500
®
Index and the Nasdaq-100
®
Index, and Caps
                        for the S&P 500
®
Index can be different between the Index Protection NY Strategy and Index Performance Strategy.
They may also be different from Contract-to-Contract depending on Index Effective Date
.
Bar Chart Examples of the Crediting Methods Performance
The following hypothetical examples show conceptually how the
                Crediting Methods might work in different market environments and assume no change in the hypothetical Caps. All values below are for illustrative purposes only. The examples do not reflect any Caps or Buffers that may actually apply to a
                Contract. The examples do not predict or project the actual performance of the Allianz Index Advantage
®
New York. Although an Index or Indexes
                will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment and are not a direct investment in an Index. The Index Values do not include the dividends paid on the stocks comprising
                an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not reflect deduction of the Contract fees and expenses. Historical Index Option performance information is also included
                in Appendix D.
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Can the Crediting Methods or Indexes Change?
We can add new Crediting Methods and Indexes to your Contract
                in the future, and you can allocate Purchase Payments or transfer Contract Value to them on the next Index Anniversary after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change how
                it calculates Performance Credits. Once we add an Index Option to your Contract, we cannot change its or Buffer after it is established. However, we can change the renewal Caps associated with any Index Option on each Index Anniversary.
Once we add an Index to your Contract, we cannot remove it
                without simultaneously replacing or substituting it. Index replacements and substitutions can occur either on an Index Anniversary or during an Index Year. If we substitute an Index during an Index Year, we will combine the return of the
                previously available substituted Index with the return of the new Index. However, if we substitute an Index, we do
not
change the Buffers applicable to your Contract, or the
                current Caps that we set on the prior Index Anniversary. Changes to the Caps for the new substituted Index, if any, may occur at the next regularly scheduled Index Anniversary or later Index Anniversaries. For more information, see Risk
                Factors – Substitution of an Index.
Historical information on the Caps and Buffers is provided in Appendix C.
This information is for historical
                          purposes only and is not a representation as to future Caps or Buffers.
When Does Allianz Establish the Values Used to Determine Index
                Credits?
We establish the Buffers for your Contract on the Issue Date.
                However, if we add a new Index Option to your Contract after the Issue Date, we establish the or Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers are stated in your Contract and cannot change once they
                are established.
Once we establish the initial Caps for a Contract they cannot
                change until the next Index Anniversary. We can change the renewal Caps for an existing Contract annually on each Index Anniversary, in our discretion. Your initial and renewal Caps are stated in your
Index
                  Options Statement
, which is the account statement we mail to you on the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Index Effective Date and each subsequent
                Index Anniversary. We use these Index Values to determine Index Returns and Performance Credits.
For information on the Buffers, and initial Caps we currently
                offer for newly issued Contracts, see our website at www.allianzlife.com/indexratesny , or call (800) 624-0197. We publish any changes to these values at least seven calendar days before they take effect.
We will send you a letter at least 30 days before each Index
                Anniversary. This letter advises you that your current Caps are expiring on the upcoming Index Anniversary, and the renewal Caps for the next Index Year will be available for your review in your account on our website at least seven
                calendar days before the upcoming Index Anniversary. We also have a link to your Contract information with your renewal Caps on our website at www.allianzlife.com/indexratesny , or call (800) 624-0197. The Index Anniversary letter also
                reminds you of your opportunity to transfer Variable Account Value to the Index Options, or reallocate your Index Option Values on the upcoming anniversary.
•  Caps may be different between
                        newly issued and existing Contracts, and between existing Contracts issued on the same month and day in different years. For example, assume that in January 2017 we set Caps for the Index Performance Strategy with the S&P 500
®
Index as follows:
–  13% initial rate for new Contracts issued in 2017,
–  14% renewal rate for existing Contracts issued in 2016, and
–  12% renewal rate for existing Contracts issued in 2015.
•  If your
                        Contract is within its Free Look/Right to Examine period you may be able to take advantage of any increase in initial Caps by cancelling your Contract and purchasing a new Contract.
What Are the Different Values Within the Contract?
The Contract provides the following values as discussed in
                section 5, Valuing Your Contract.
•
The
                        Contract Value is the sum of your Variable Account Value and Index Option Values. Contract Value reflects any previously deducted fees and charges, but does not reflect fees and charges that we would apply on liquidation. The cash
                        surrender value reflects all fees and charges that we would apply on liquidation.
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•
Your
                        Variable Account Value is the sum of the values in your selected Variable Options. It includes the deduction of Variable Option operating expenses, and any previously assessed transfer fee, contract maintenance charge, product fee,
                        and withdrawal charge. It changes each Business Day based on the performance of the Variable Options.
•
Your total Index Option Value is the sum of the values in each of your selected Index Options. Each Index Option Value includes any Performance Credits from previous Index Anniversaries and the
                        deduction of any previously assessed contract maintenance charge, product fee, and withdrawal charge. Amounts removed from the Index Options during the Index Year for withdrawals and Contract expenses
do not
receive a Performance Credit on the next Index Anniversary, but the amount remaining does receive a Performance Credit subject to the applicable Cap or Buffer.
–
On
                        each Business Day during the Index Year other than the Index Effective Date or an Index Anniversary, we calculate the current Index Option Value for each Index Option by adding a Daily Adjustment to the Index Option Base. The
Index Option Base
is the amount you allocate to an Index Option adjusted for withdrawals, deduction of Contract fees and expenses, transfers into or out of the Index Option, and the application of
                        any Performance Credits.
What Is the Daily Adjustment?
The Daily Adjustment is how we calculate Index Option Values
                on Business Days other than the Index Effective Date or an Index Anniversary for each Index Option .
The Variable Options are not subject to the Daily Adjustment.
The Daily Adjustment can affect the amounts available for
                withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Charge Base and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your
                Index Option Value has increased since the beginning of the year. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal).
We calculate the Daily Adjustment for a given Business Day
                before we deduct any Contract fees or expenses or process any partial withdrawal on that Business Day, including Penalty-Free Withdrawals. However, the Daily Adjustment calculation is not affected by any Contract expense deduction or
                partial withdrawal.
Penalty-Free Withdrawals
are withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution
                program. Penalty-Free Withdrawals are not subject to a withdrawal charge. The Daily Adjustment does not change the Contract expense deducted or the withdrawal amount; it only changes the Index Option Value from which we deduct the expense
                or withdrawal.
The Daily Adjustment approximates the Index Option Value that
                will be available on the next Index Anniversary. It is the estimated present value of the future Performance Credit that we will apply on the next Index Anniversary. The Daily Adjustment takes into account:
(i)
any
                        Index gains during the Index Year subject to the Cap,
(ii)
any
                        Index losses greater than the Buffer, and
(iii)
the number of days until the next Index Anniversary..
The Daily Adjustment does this by using the hypothetical
                value of a Proxy Investment
(Proxy Value)
each Business Day, other than the Index Effective Date or an Index Anniversary, based on the formulas described in Appendix B. The
Proxy Investment
provides a current estimated present value of what the Performance Credit will be on the next Index Anniversary taking into account the applicable Cap or Buffer. The Daily Adjustment is
                not the actual Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the or Buffer.
A withdrawal taken during the Index Year may not receive the
                full benefit of the or Buffer because the Daily Adjustment takes into account what may potentially happen between the withdrawal date and the next Index Anniversary. All other factors being equal, even if the current Index return during the
                Index Year is greater than the Cap, the Daily Adjustment will usually be lower than the Cap. This is because there is a possibility that the Index return could decrease before the end of the Index Year. Similarly, even though a negative
                Index return may be within the amount of the Buffer, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease before the end of the Index Year.
A negative Daily Adjustment may cause you to realize loss of principal or previous earnings.
The Daily Adjustment's risks are discussed in more detail in
                Risk Factors – Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99(a) of the Form S-1 Registration Statement
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filed with the SEC, of which this prospectus is a part. This information is
                incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(a) by calling (800) 624-0197, or visiting our website at www.allianzlife.com/new-york.
What is the Performance Lock?
For any Index Option , you can capture the current Index
                Option Value (which
includes
the Daily Adjustment) on any Business Day during the Index Year through our Performance Lock feature. You (or your Financial Professional, if
                authorized) can request Performance Locks either "manually", or "automatically" by setting target(s) based on the Daily Adjustment. (On our website the Daily Adjustment is included in the Index Option Value Return figures.) The Business Day
                that we execute either a manual or automatic Performance Lock is the
Lock Date
for that Index Option.
We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you
                        exercise a Performance Lock at a sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock. Automatic Performance Locks are not available to Contracts issued
                        before August 24, 2015, or that have a Contract number starting with GAZ.
Risk Factors
The Contract involves certain risks that you should
                understand before purchasing. You should carefully consider your income needs and risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ
                depending on the Allocation Options you choose.
Liquidity Risks
We designed the Contract to be a long-term investment that
                you can use to help build and provide income for retirement. The Contract is not suitable for short-term investment.
If you need to take assets from your Contract during the
                withdrawal charge period, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in special circumstances. If
                you need to withdraw most or all of your Contract Value in a short period, you may exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal charge, see the Fee Tables
                and section 6, Expenses – Withdrawal Charge.)
We calculate the withdrawal charge as a percentage of your
                Purchase Payments, not Contract Value. Consequently, if the Contract Value has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the
                withdrawal charge percentage. For example, assume you buy the Contract with a single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total
                withdrawal charge would be $50 (5% of $1,000). This results in you receiving $750.
Amounts withdrawn from this Contract may also be subject to a
                10% additional federal tax if taken before age 59
1
⁄
2
.
We only apply Performance Credits to the Index Options once
                each Index Year on the Index Anniversary, rather than on a daily basis. In the interim, we calculate Index Option Values based on the Daily Adjustment . If you invest in any Index Option and take a withdrawal or annuitize the Contract, or
                if we pay a death benefit, during the interim, you may not receive the full benefit of the Index Returns, Buffers.
You can transfer Index Option Value to a Variable Option only
                on every sixth Index Anniversary, and you may transfer Index Option Values among the Index Options only on an Index Anniversary. At other times, you can only move assets out of an Index Option by taking partial withdrawals, surrendering the
                Contract, or entering the Annuity Phase. These restrictions may limit your ability to react to changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.
Risks of Investing in Securities
Returns on securities and securities Indexes can vary
                substantially, which may result in investment losses. The historical performance of the available Allocation Options does not guarantee future results. It is impossible to predict whether underlying investment values will fall or rise.
                Trading prices of the securities underlying the Allocation Options are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and interrelated factors.
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These factors can affect capital markets generally and markets on which the
                underlying securities are traded and these factors can influence the performance of the underlying securities.
If you allocate Purchase Payments or transfer Contract Value
                to an Index Option, your returns depend on the performance of an Index although you are not directly invested in the Index. Because the S&P 500
®
Index, Russell 2000
®
Index, Nasdaq-100
®
Index
                and EURO STOXX 50
®
are each comprised of a collection of equity securities, in each case the value of the component securities is subject to
                market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes rapidly and unpredictably. In addition, the value of equity securities may decline for reasons directly related to
                the issuers of the securities.
S&P 500
®
Index
. The S&P 500
®
Index is comprised of equity securities issued by large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high
                  growth rate of successful smaller companies.
Russell 2000
®
Index
. The Russell 2000
®
Index is comprised of equity securities of small-capitalization U.S. companies. In general, the securities of small-capitalization companies
                  may be more volatile and may involve more risk than the securities of larger companies.
Nasdaq-100
®
Index
. The Nasdaq-100
®
Index is comprised of equity securities of the largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To the extent that the Nasdaq-100
®
Index is comprised of securities issued by companies in a particular sector, that company's securities may not perform as well as companies in
                  other sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price
                  volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty).
EURO STOXX 50
®
. EURO STOXX 50
®
is comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising EURO STOXX 50
®
are subject
                  to the risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European
                  markets and actions of the European Union.
The outbreak of the novel coronavirus known as COVID-19 was declared a pandemic by the World Health Organization in March 2020. As of May 1, 2020, the COVID-19
                        pandemic has led to significant volatility and negative returns in the financial markets. These market conditions have impacted the performance of the Indexes to which the Index Options are linked, as well as the funds underlying
                        the Variable Options. If these market conditions continue, and depending on your individual circumstances (
e.g.
, your selected Allocation Options and the timing of any Purchase Payments,
                        transfers, or withdrawals), you may experience (perhaps significant) negative returns under the Contract. The COVID-19 pandemic and other market factors have resulted in an abnormally low interest rate environment, in which certain
                        rates have gone negative. This low level of rates can affect the returns of an Index, the level of Caps, and other product features, and the performance of your Contract. The duration of the COVID-19 pandemic, and the future impact
                        that the pandemic may have on the financial markets and global economy, cannot be foreseen. You should consult with a Financial Professional about how the COVID-19 pandemic and the recent market conditions may impact your future
                        investment decisions related to the Contract, such as purchasing the Contract or making Purchase Payments, transfers, or withdrawals, based on your individual circumstances.
Risk of Negative Returns
The Variable Options do not provide any protection against
                negative returns.
You can lose principal and previous earnings if you allocate Purchase Payments or transfer Contract Value to the Variable Options and such losses could be significant.
If you allocate Purchase Payments or transfer Contract Value
                to an Index Option , negative Index Returns may cause Performance Credits to be negative after application of the Buffer. Ongoing Contract fees and expenses, including withdrawal charges, could also cause amounts available for withdrawal to
                be less than what you invested even if Index performance has been positive.
You can lose principal and previous earnings if you allocate Purchase Payments or transfer Contract Value to the
                  Index Options , and such losses could be significant.
If you select an Index Option, we calculate Index Option
                Values on each Business Day during an Index Year (other than the Index Effective Date or an Index Anniversary) by adding the Daily Adjustment. The Daily Adjustment affects the total Contract Value available for withdrawal, annuitization,
                and death benefits, and it affects how we determine the contract
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maintenance charge and Charge Base for the product fee. The Daily Adjustment
                can be less than the Cap even if the year-to-date Index return is greater than the Cap. In addition, even though the year-to-date Index return may be positive, the Daily Adjustment may be negative due to changes in Proxy Value inputs, such
                as volatility, dividend yield, and interest rate. The Daily Adjustment is generally negatively affected by:
•
interest
                        rate decreases,
•
dividend
                        rate increases,
•
poor market performance, and
•
increases
                        in the expected volatility of Index prices.
If you take a withdrawal from an Index Option before the
                Index Anniversary,
you could lose principal and previous earnings because of the Daily Adjustment
even if Index performance is positive on that day
                  or has been positive since the beginning of the Index Year
. If the current Index return during the Index Year is negative, the Daily Adjustment could result in losses greater than the protection
                  provided by the or Buffer.
Risks Associated with Calculation of Performance Credits
We calculate Performance Credits each Index Year on the Index
                Anniversary. Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the
                Index Year. If you allocate Purchase Payments or transfer Contract Value to the Index Options the Caps limit positive returns and could cause performance to be lower than it would otherwise have been if you invested in a mutual fund
                designed to track the performance of the applicable Index, or the Variable Options.
The Index Options do not directly participate in the returns
                of the Indexes or the Indexes' component securities, and do not receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual
                average of the annual Index returns without and with dividends would have been as follows:
January 1, 2010 through December 31, 2019
S&P 500
®
Index
Nasdaq-100
®
Index
Russell 2000
®
Index
EURO STOXX 50
®
Returns without dividends
11.80%
17.44%
11.35%
3.16%
Returns with dividends
14.12%
18.77%
12.86%
7.17%
Caps may be adjusted annually on the Index Anniversary and
                may vary significantly from year to year. Changes to Caps may significantly affect the amount of Performance Credit you receive. (For more information, see the "Changes to Caps and Buffers" discussion later in this section.
The Crediting Methods only capture Index Values on one day
                each year, so you will bear the risk that the Index Value might be abnormally low on these days.
Risks Associated with Performance Locks
If a Performance Lock is executed:
•
You
                        will no longer participate in Index performance, positive or negative, for the remainder of the Index Year for the locked Index Option. This means that under no circumstances will your Index Option Value increase during the
                        remainder of the Index Year.
•
You
                        will not receive a Performance Credit on any locked Index Option on the next Index Anniversary.
•
We
                        use the Daily Adjustment calculated at the end of the
current
Business Day on the Lock Date to determine your locked Index Option Value. This means you will not be
                        able to determine in advance your locked Index Option Value, and it may be higher or lower than it was at the point in time you requested a manual Performance Lock, or that your Index Option reached its target for an automatic
                        Performance Lock.
•
If
                        a Performance Lock is executed when your Daily Adjustment has declined, you will lock in any loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the
                        Index Option was not locked.
•
We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you exercise a Performance Lock at a
                        sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock.
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Substitution of an Index
There is no guarantee that the Indexes will be available
                during the entire time that you own your Contract. If we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to receive positive Performance Credits. We may
                substitute a new Index for an existing Index if:
•
the
                        Index is discontinued,
•
we
                        are unable to use the Index because, for example, changes to an Index make it impractical or expensive to purchase derivative hedging instruments to hedge the Index, or we are not licensed to use the Index, or
•
the method of calculation of the Index Values changes substantially, resulting in significantly different Index Values and performance results. This could occur, for example, if an Index altered the
                        types of securities tracked, or the weighting of different categories of securities.
If we add or substitute an Index, we first seek any required
                regulatory approval (from each applicable state insurance regulator) and then provide you with written notice. We also provide you with written notice if an Index changes its name. Substitutions of an Index may occur during an Index Year.
                If we substitute an Index during an Index Year we will combine the return of the replaced existing Index from the prior Index Anniversary to the substitution date with the return of the new Index from the substitution date to the next Index
                Anniversary. If we substitute an Index during an Index Year:
•
we
                        do
not
change the Charge Base we use to calculate the product fee, and
•
the Caps and Buffers for the replaced Index will apply to the new Index. We do
not
change the Buffers applicable to your Contract,
                        or the current Caps that we set on the prior Index Anniversary.
Changes to Caps associated with the new Index, if any, may
                occur at the next regularly scheduled Index Anniversary or on later Index Anniversaries. Depending on the constitution of the replaced Index, the volatility of its investments, and our ability to hedge the Index's performance, we may
                determine, in our discretion, to increase or decrease renewal Caps associated with the new Index. However, we would not implement any change to reflect this difference until the next Index Anniversary after the substitution. The
                substitution of an Index during an Index Year may result in an abnormally large change in the Daily Adjustment on the day we substitute the Index.
The selection of a substitution Index is in our discretion;
                however, it is anticipated that any substitute Index will be substantially similar to the Index it is replacing and we will replace any equity Index with a broad-based equity index.
Changes to Caps and Buffers
You can only transfer Index Option Value to a Variable Option on a sixth Index Anniversary.
We establish Buffers, and initial and renewal Caps as
                indicated under "When Does Allianz Establish the Values Used to Determine Index Credits?" in the Summary section. This section also includes information on where to find information on initial and renewal Caps, and the notice we provide you
                of renewal changes on each Index Anniversary.
On each Index Anniversary you have the option of remaining
                allocated to your current Index Options at the renewal Caps, or transferring to another permitted Allocation Option, subject to the limitations on transfers from an Index Option to a Variable Option. If you do not review renewal change
                information when it is published, or take no action to transfer to another permitted Allocation Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal Caps until the next Index
                Anniversary.
You risk the possibility that the renewal Caps you receive
                may be less than you would find acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the close of the Business Day on the Index Anniversary (or the next Business Day if the
                anniversary is a non-Business Day) or you will be subject to these renewal Caps for the next Index Year. Other than on a sixth Index Anniversary when you can transfer Index Option Value to the Variable Options, when your renewal rates
                change the only option available to you is to transfer Index Option Value between Index Options.
Initial and renewal Caps may vary significantly depending
                upon a variety of factors, including:
•
market
                        volatility,
•
our
                        hedging strategies and investment performance,
•
the
                        availability of hedging instruments,
•
the
                        amount of money available to us through Contract fees and expenses to purchase hedging instruments,
•
your Index Effective Date,
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•
the
                        level of interest rates,
•
utilization
                        of Contract benefits by Owners, and
•
our profitability goals.
The effect of a change in interest rates or other market
                conditions may not be direct or immediate. There may be a lag in changes to Caps. In a rising interest rate environment, increases in Caps, if any, may be substantially slower than increases in interest rates.
We manage our obligation to provide Performance Credits in
                part by trading call and put options, and other derivatives on the available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal Caps to reflect these cost
                changes. The primary factor affecting the differences in the initial Caps for newly issued Contracts and renewal rates for existing Contracts is the difference in what we can earn from these investments for newly issued Contracts versus
                what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce both initial and renewal Caps, or we may need to substitute an Index. You bear the risk
                that we may reduce Caps, which reduces your opportunity to receive positive Credits. You also bear the risk that the Buffers for your Contract are small, which increases the risk that you could receive negative Performance Credits and incur
                losses.
Investment in Derivative Hedging Instruments
The Index Options are supported by bonds and other fixed
                income securities which are also used to support the Contract guarantees, cash, and derivative hedging instruments used to hedge the movements of the applicable Index.
At Contract issue, we invest a substantial majority of the
                initial Contract Value allocated to the Index Options in fixed income securities, with most of the remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and
                support our obligations with regard to the Index Options. The derivative hedging instruments we purchase include put options, call options, futures, swaps, and other derivatives.
The Index Options move assets in the unregistered separate
                account between a book value subaccount and a market value subaccount during the Index Year based on Index performance. We typically transfer assets between the subaccounts if there is a 10% incremental change in year-to-date Index
                performance. For the Index Performance Strategy this starts at a -10% decrease in the market; for the Index Protection NY Strategy, this starts at a -30% decrease in the market. We monitor year-to-date Index performance daily and change
                allocations daily if needed based on this 10% increment. For more information on our unregistered separate account backing the Index Options, see section 11, Other Information – Our Unregistered Separate Account.
We currently limit our purchase of derivative hedging
                instruments to liquid securities. However, like many types of derivative hedging instruments, these securities may be volatile and their price may vary substantially. In addition, because we pay Performance Credits regardless of the
                performance of derivative hedging instruments we purchase, we may incur losses on hedging mismatches or errors in hedging. Our experience with hedging securities may affect renewal Caps for existing Contracts.
Certain Variable Options may also invest in derivative
                securities. For more information on these investments, see the Variable Option prospectuses.
Our Financial Strength and Claims-Paying Ability
We make Annuity Payments, pay death benefits, and apply
                Performance Credits from our general account. Our general account assets are subject to claims by our creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability.
The assets in our unregistered separate account, Separate
                Account IANY are also subject to claims by our creditors. You can obtain information on our financial condition by reviewing our financial statements in this prospectus. For more information see section 11, Other Information – Our
                Unregistered Separate Account.
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As a result of the COVID-19 pandemic, economic uncertainties have arisen which are likely to negatively impact Allianz Life of New York's net income and
                        surplus. The extent to which the COVID-19 pandemic impacts our business (including our ability to timely process applications or claims), net income, and surplus, as well as our capital and liquidity position, will depend on future
                        developments, which are highly uncertain and cannot be estimated, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic.
Regulatory Protections
Allianz Life of New York is not an investment company and
                therefore we are not registered as an investment company under the Investment Company Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however,
                registered as an investment company. Any allocations you make to an Index Option are not part of the Separate Account. Allianz Life of New York is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and
                does not provide investment advice to you in connection with your Contract.
Your Contract is registered in accordance with the Securities
                Act of 1933 and the offering of the Contract must be conducted in accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.
The Contract is filed with and approved by New York. State
                insurance laws provide a variety of regulatory protections.
Fee Tables
These tables describe the fees and expenses you pay when
                purchasing, owning and taking a withdrawal from the Contract, or transferring Contract Value between Allocation Options. For more information, see section 6, Expenses.
Owner Transaction Expenses
Withdrawal Charge During Your Contract's First Phase, the
                Accumulation Phase
(1)
(as a percentage of each Purchase Payment withdrawn)
(2)
Number of Complete Years
Since Purchase Payment
Withdrawal Charge Amount
0
8.5%
1
8%
2
6.5%
3
5%
4
3%
5
1%
6 years or more
0%
Transfer Fee
(3)
$25
(for each transfer between Variable Options after twelve in a Contract Year)
Premium Tax
(4)
3.5%
(as a percentage of each Purchase Payment)
Owner Periodic Expenses
Contract Maintenance Charge
(5)
$50
(per Contract per year)
(1)
The
                        Contract provides a free withdrawal privilege that allows you to withdraw 10% of your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money – Free Withdrawal
                        Privilege.
(2)
The
                        Withdrawal Charge Basis is the total amount under your Contract that is subject to a withdrawal charge, as discussed in section 6, Expenses – Withdrawal Charge.
(3)
We
                        count all transfers made in the same Business Day as one transfer, as discussed in section 6, Expenses – Transfer Fee. The transfer fee does not apply to transfers to or from the Index Options and these transfers do not count
                        against your free transfers. Transfers are subject to the policies discussed in section 4, Variable Options – Excessive Trading and Market Timing.
(4)
New
                        York does not currently impose this tax, but we reserve the right to deduct this charge if they do so in the future. This is the maximum charge we could deduct if we exercise this right, as discussed in section 6, Expenses – Premium
                        Tax.
(5)
Waived if the Contract Value is at least $100,000, as discussed in section 6, Expenses – Contract Maintenance Charge.
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Contract Annual Expenses
Product Fee
(6)
1.25%
(as a percentage of the Charge Base)
(6)
We
                        do not assess the product fee during the Annuity Phase. See section 6, Expenses – Product Fee.
Annual Operating Expenses of the Variable Options
The following are the minimum and maximum total annual
                operating expenses charged by any of the Variable Options for the most recent fiscal year ended December 31, 2019, before the effect of any contractual expense reimbursement or fee waiver. We show the expenses as a percentage of a Variable
                Option's average daily net assets.
The Index Options do not assess any separate operating expenses, and are not included in the following chart.
Minimum
Maximum
Total annual Variable Option operating expenses
(including management fees, distribution or 12b-1 fees, and other expenses)
before fee waivers and expense reimbursements
0.64%
0.72%
The table below describes in detail the total annual
                operating expenses of the Variable Options before fee waivers and/or expense reimbursements. We show the expenses as a percentage of a Variable Option's average daily net assets for the most recent fiscal year ended December 31, 2019.
                Expenses may vary in current and future years. See the Variable Options' prospectuses for further information regarding the expenses you may expect to pay. Some of the Variable Options or their affiliates may also pay service fees to us or
                our affiliates. If these fees are deducted from Variable Option assets, they are reflected in the table below.
Variable Option
Management
fees
Rule 12b-1
fees
Other
expenses
Acquired fund
fees and expenses
Total annual fund operating
expenses before fee
waivers and/or expense
reimbursements
BLACKROCK
AZL Government Money Market Fund
(1)
.35
.25
.04
–
.64
ALLIANZ FUND OF FUNDS
AZL MVP Balanced Index Strategy Fund
(2)
.10
–
.04
.58
.72
AZL MVP Growth Index Strategy Fund
(2)
.10
–
.02
.56
.68
(1)
Other
                        Expenses for the AZL Government Money Market Fund include recoupment of prior waived fees in the amount of 0.24%. The Manager has voluntarily undertaken to waive, reimburse, or pay the Fund's expenses to the extent necessary in
                        order to maintain a minimum daily net investment income for the Fund of 0.00%. The recoupment of prior waived fees reflects the recoupment of amounts previously waived, reimbursed, or paid by the Manager under this arrangement. Such
                        recoupments are subject to the following limitations: (1) the repayments will not cause the Fund's net investment income to fall below 0.00%; (2) the repayments must be made no later than three years after the end of the fiscal year
                        in which the waiver, reimbursement, or payment took place; and (3) any expense recovery paid by the Fund will not cause its expense ratio to exceed 0.87%. See the Investment Option prospectus for further information.
(2)
The underlying funds may pay 12b-1 fees to the distributor of the Contracts for distribution and/or administrative services. The underlying funds do not pay service fees or 12b-1 fees to the Allianz
                        Fund of Funds and the Allianz Fund of Funds do not pay service fees or 12b-1 fees. The underlying funds of the Allianz Fund of Funds may pay service fees to the insurance companies issuing variable contracts, or their affiliates,
                        for providing customer service and other administrative services to contract purchasers. The amount of such service fees may vary depending on the underlying fund.
Examples
These examples are intended to help you compare the cost of
                investing in this Contract's Variable Options with the costs of other variable annuity contracts. These examples assume you make a $10,000 investment and your Variable Options earn a 5% annual return. They are not a representation of past
                or future expenses. Your Contract expenses may be more or less than the examples below, depending on the Variable Options you select and whether and when you take withdrawals.
We deduct the $50 contract maintenance charge in the examples
                on each Contract Anniversary during the Accumulation Phase (or the next Business Day if the Contract Anniversary is a non-Business Day). We may waive this charge under certain circumstances, as described in section 6, Expenses – Contract
                Maintenance Charge. We deduct the annual product
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fee (maximum charge of 1.25% ) in the examples on each Quarterly Contract
                Anniversary during the Accumulation Phase, as described in section 6, Expenses – Product Fee. A transfer fee may apply, but is not reflected in these examples (see section 6, Expenses – Transfer Fee).
1)
If
                        you surrender your Contract (take a full withdrawal) at the end of each time period.
Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of:
1 Year
3 Years
5 Years
10 years
0.72% (maximum Investment Option operating exp.)
$1,014
$1,393
$1,748
$2,737
0.64% (minimum Investment Option operating exp.)
$1,006
$1,369
$1,708
$2,655
2)
If
                        you annuitize your Contract and begin Annuity Payments at the end of each time period. The earliest available Annuity Date (the date we begin making Annuity Payments) is 13 months after the Issue Date.
Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of:
1 Year
3 Years
5 Years
10 years
0.72% (maximum Investment Option operating expense)
N/A
$713
$1,248
$2,687
0.64% (minimum Investment Option operating expense)
N/A
$689
$1,208
$2,605
3)
If
                        you do not surrender your Contract.
Total annual Variable Option operating expenses before any fee waivers or expense reimbursements of:
1 Year
3 Years
5 Years
10 years
0.72% (maximum Investment Option operating expense)
$249
$763
$1,298
$2,737
0.64% (minimum Investment Option operating expense)
$241
$739
$1,258
$2,655
Condensed Financial Information
The statutory financial statements of Allianz Life Insurance
                Company of New York are included in Appendix G of this prospectus. The financial statements of Allianz Life of NY Variable Account C are included or incorporated by reference in Part C of the Form N-4 Registration Statement.
Accumulation unit value (AUV) information for the subaccounts
                offered under the Contract offered by this prospectus, as of the end of December 31, 2019, is listed in the table below. This information should be read in conjunction with the financial statements and related notes of the Separate Account
                included in Part C of the Form N-4 Registration Statement.
(Number of Accumulation Units in thousands)
Period or Year Ended
AUV at Beginning of Period
AUV at End of Period
Number of Accumulation Units
Outstanding at End of Period
AZL Government Money Market Fund
12/31/2014
N/A
12.755
124.00
12/31/2015
12.755
12.756
249.00
12/31/2016
12.756
12.757
444.00
12/31/2017
12.757
12.763
524.00
12/31/2018
12.763
12.893
629.00
12/31/2019
12.893
13.072
774.00
AZL MVP Balanced Index Strategy Fund
12/31/2014
N/A
12.956
13.00
12/31/2015
12.956
12.927
60.00
12/31/2016
12.927
13.782
87.00
12/31/2017
13.782
15.353
85.00
12/31/2018
15.353
14.671
97.00
12/31/2019
14.671
17.152
108.00
AZL MVP Growth Index Strategy Fund
12/31/2014
N/A
14.280
8.00
12/31/2015
14.280
14.165
29.00
12/31/2016
14.165
15.128
44.00
12/31/2017
15.128
17.543
47.00
12/31/2018
17.543
16.412
62.00
12/31/2019
16.412
19.779
57.00
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1.
The
                  Contract
An annuity is a contract between you as the Owner, and an
                insurance company (in this case Allianz Life of New York), where you make payments to us and we invest that money in the Allocation Options you select. Depending on market conditions, your Contract may gain or lose value based on the
                returns of your selected Allocation Options. When you are ready to take money out, we make payments to you according to your instructions and any restrictions associated with the payout option you select that is described in this
                prospectus. We do not make any changes to your Contract without your permission except as may be required by law.
The Contract has an Accumulation Phase and an Annuity Phase.
The
Accumulation
                  Phase
is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Allocation Options you select on a tax-deferred basis. Tax deferral means you are not taxed on
                any earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 10, Taxes.)
During the Accumulation Phase you can take withdrawals
                (subject to any withdrawal charge) and you can make additional Purchase Payments subject to the restrictions set out in section 3, Purchase Requirements.
The Accumulation Phase ends upon the earliest of the
                following.
•
The
                        Business Day before the Annuity Date.
•
The
                        Business Day we process your request for a full withdrawal.
•
Upon the death of any Owner (or the Annuitant if the Owner is a non-individual), the Business Day we first receive a Valid Claim from any one Beneficiary, unless the surviving spouse/Beneficiary
                        continues the Contract. If there are multiple Beneficiaries, the remaining Contract Value continues to fluctuate with the performance of the Allocation Options until the complete distribution of the death benefit. A
Valid Claim
is the documents we require to be received in Good Order at our Service Center before we pay any death claim.
If you request Annuity Payments, the Accumulation Phase of
                your Contract ends and you enter the
Annuity Phase
. During the Annuity Phase we make regular fixed periodic Annuity Payments based on the life of the Annuitant(s), or life and term
                certain. We send Annuity Payments to the
Payee
(the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity Payments begin, subject to certain
                restrictions. We base Annuity Payments on your Contract Value and the payout rates for the Annuity Option you select. Your Annuity Payments do not change unless an Annuitant dies. The Annuity Phase ends when we make the last Annuity Payment
                under your selected Annuity Option. For more information, see section 8, The Annuity Phase.
Financial Adviser Fees
If you have a financial adviser and want to take a withdrawal
                from this Contract to pay your financial adviser fee, you can submit a written request to our Service Center on a form satisfactory to us. If we approve your request, we withdraw the fee and pay it to your financial adviser.
We treat this fee payment as a withdrawal which means a withdrawal charge, ordinary income taxes, and a 10% additional federal tax if you are under age 59
1
⁄
2
may apply, and the amount of
                  Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative).
If this is a Non-Qualified
                Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract. Financial adviser fees paid from an IRA Contract will not be treated as a taxable withdrawal as long as the annuity contract is solely
                liable for the payment of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments.
Please consult with your Financial
                  Professional before requesting us to pay financial adviser fees from this Contract compared to other assets you may have.
Your investment adviser acts on your behalf, not ours. We are
                not party to any agreement between you and your financial adviser, nor are we responsible for your financial adviser's actions. We do not set your financial adviser's fee or receive any part of it. Any financial adviser fee you pay is in
                addition to this Contract's fees and expenses. You should ask your financial adviser about compensation they receive for this Contract. Allianz Life of New York is not an investment adviser, and does not provide investment advice in
                connection with sales of the Contract. We are not a fiduciary to you, and do not make recommendations or assess suitability.
You can submit a written request to our Service Center on a
                form satisfactory to us to allow your financial adviser to make Allocation Option transfers on your behalf. However, we reserve the right to review a financial adviser's trading history before allowing him or her to make transfers. If, in
                our sole discretion, we believe the financial adviser's trading history
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indicates excessive trading, we can deny your request. If we approve it, your
                financial adviser is subject to the same trading restrictions that apply to Owners. We can deny or revoke trading authority in our sole discretion.
When the Contract Ends
The Contract ends when:
•
all
                        applicable phases of the Contract (Accumulation Phase and/or Annuity Phase) have ended, and/or
•
if we received a Valid Claim, all applicable death benefit payments have been made.
For example, if you take a full withdrawal of the total
                Contract Value, both the Accumulation Phase and the Contract end even though the Annuity Phase never began and we did not make any death benefit payments.
2.
Ownership,

                  Annuitant, Determining Life, Beneficiary, and Payee
Owner
The Owner designated at Contract issue has all the rights
                under the Contract. The Owner may be an individual, or a non-individual (e.g. a trust, tax-exempt entity, or corporation). Qualified Contracts and non-individually owned Contracts can only have one Owner. A
Qualified
                  Contract
is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
Joint Owner
A Non-Qualified Contract can be owned by up to two individual
                Owners
(Joint Owners)
. We generally require the signature of both Joint Owners on any forms that are submitted to our Service Center.
Annuitant
The Annuitant is the individual on whose life we base Annuity
                Payments. Subject to our approval, you designate an Annuitant when you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a
                custodial arrangement. You can change the Annuitant on an individually owned Non-Qualified Contract at any time before the Annuity Date.
You cannot change the Annuitant if the Owner is a
                  non-individual
. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any plan requirements associated with the Contract. For
                individually owned Contracts, if the Annuitant who is not an Owner dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the Owner can subsequently name another Annuitant.
Designating different persons as Owner(s) and Annuitant(s) can
                have important impacts on whether a death benefit is paid, and on who receives it as indicated below
. For more examples, please see the Appendix to the Form N-4 SAI.
Use care when designating Owners
                and Annuitants, and consult your Financial Professional if you have questions
.
Upon the Death of a Sole Owner
Action if the Contract is in the Accumulation Phase
•
We
                          pay a death benefit to the Beneficiary unless the Beneficiary is the surviving spouse and continues the Contract.
•
If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract:
–
we
                          increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if greater and available, and the death benefit ends,
–
the
                          surviving spouse becomes the new Owner,
–
the
                          Accumulation Phase continues, and
–
upon the surviving spouse's death, his or her Beneficiary(s) receives the Contract Value.
•
If
                          the deceased Owner was not a Determining Life, the Traditional Death Benefit is not available and the Beneficiary(s) receives the Contract Value.
Action if the Contract is in the Annuity Phase
•
The
                          Beneficiary becomes the Payee. If we are still required to make Annuity Payments under the selected Annuity Option, the Beneficiary also becomes the new Owner.
•
If
                          the deceased was not an Annuitant, Annuity Payments to the Payee continue. No death benefit is payable.
•
If the deceased was the only surviving Annuitant, Annuity Payments end or continue as follows.
–
Annuity
                          Option 1 or 3, payments end.
–
Annuity
                          Option 2 or 4, payments end when the guarantee period ends.
–
Annuity Option 5, payments end and the Payee may receive a lump sum refund.
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•
If the
                        deceased was an Annuitant and there is a surviving joint Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant. No death benefit is payable.
Determining Life (Lives)
The Determining Life (Lives) are the individuals on whose
                life we base the total Purchase Payments adjusted for withdrawals provided by the Traditional Death Benefit . We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the Determining Life (Lives) are
                the Owner(s). For a non-individually owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:
•
you
                        remove a Joint Owner due to divorce, we also remove that person as a Determining Life, or
•
you establish a jointly owned Non-Qualified Contract and change ownership to a Trust, we remove the prior Owner who is not the Annuitant as a Determining Life.
Beneficiary
The Beneficiary is the person(s) or entity you designate at
                Contract issue to receive any death benefit. You can change the Beneficiary or contingent Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die
                simultaneously, that Beneficiary's interest in this Contract ends unless your Beneficiary designation specifies otherwise. You and a Beneficiary are deemed to have died simultaneously if it is not established by clear and convincing
                evidence that either you or the Beneficiary survived the other by 120 hours. If there are no surviving Beneficiaries or if there is no named Beneficiary, we pay the death benefit to your estate or the Owner if the Owner is a non-individual.
FOR JOINTLY OWNED CONTRACTS:
The sole primary Beneficiary is the surviving Joint Owner regardless of any
                          other named primary Beneficiaries. If both Joint Owners die simultaneously, we pay the death benefit to the named contingent Beneficiaries or equally to the estate of the Joint Owners if there are no named contingent
                          Beneficiaries.
Payee
The Payee is the person or entity who receives Annuity
                Payments during the Annuity Phase. The Owner receives tax reporting on those payments. Generally we require the Payee to be an Owner. However, you can name a charitable trust, financial institution, qualified plan, or an individual
                specified in a court order as a Payee. For Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.
Assignments, Changes of Ownership and Other Transfers of
                Contract Rights
You can assign your rights under this Contract to someone
                else during the Accumulation Phase. An assignment may be absolute or limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the
                assignee of record to exercise certain Contract rights depending on the type of assignment and the rights assigned.
You must submit your request to assign the Contract in
                writing to our Service Center and we must approve it in writing.
Upon receipt of your request in Good Order, we record the
                assignment. We are not responsible for the validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. A request is in "
Good Order
" when it contains all the information we require to process it. Assigning the Contract does not change, revoke or replace the originally named Annuitant or Beneficiary; if you also want to
                change the Annuitant or Beneficiary you must make a separate request.
•
An assignment may be a taxable event
. In addition, there are other restrictions on changing the ownership of a Qualified Contract and Qualified Contracts generally cannot be assigned absolutely or
                        on a limited basis.
You should consult with your tax adviser before assigning this Contract
.
•
An assignment does not change the Determining Life (Lives).
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3.
Purchasing

                  the Contract
Purchase Requirements
To purchase this Contract, on the Issue Date all Owners and
                the Annuitant must be age 80 or younger.
The Purchase Payment requirements for this Contract are as
                follows.
•
The
                        minimum initial Purchase Payment due on the Issue Date is $10,000.
•
You
                        can make additional Purchase Payments of $50 or more during the Accumulation Phase.
•
We
                        do not accept additional Purchase Payments on or after the Annuity Date.
•
The maximum total Purchase Payments we accept is $1 million.
We may, at our sole discretion, waive the minimum Purchase
                Payment requirements.
Once we receive your initial Purchase Payment and all
                necessary information in Good Order at our Service Center, we issue the Contract within two Business Days and allocate your payment to your selected Allocation Options. If you do not give us all of the information we need, we contact you or
                your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep it until we get all of the necessary information. If
                you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.
If you submit a Purchase Payment and/or application to your
                Financial Professional, we do not begin processing the payment and/or application until we receive it. A Purchase Payment is "received" when it arrives at our Service Center from the address for mailing checks listed at the back of this
                prospectus regardless of how or when you submitted them. We forward Purchase Payments we receive at the wrong address to the last address listed at the back of this prospectus, which may delay processing.
We can only decline a Purchase Payment if it would cause
                total Purchase Payments to be more than $1 million, or if it would otherwise violate the Purchase Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date). If mandated
                under applicable law, we may be required to reject a Purchase Payment.
Applications Sent Electronically
We accept manually signed applications that are in Good Order
                and are sent by fax, or email, or uploaded to our website. It is important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not
                receive. A manually signed application sent by fax, email or over the web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can
                experience outages or slowdowns which may delay application processing. Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written
                application by mail to our Service Center. We reserve the right to discontinue or modify our electronic application policy at any time and for any reason.
Allocation of Purchase Payments and Contract Value Transfers
The allocation instructions you provide on your application
                automatically become your Purchase Payment default instructions. (In your Contract, Purchase Payment default instructions are called future allocation instructions.) We use these default instructions for all Purchase Payments we receive
                unless you change them, or give us alternate allocation instructions specific to an individual Purchase Payment.
We only allow Purchase Payments to move into the Index Options on the Index
                  Effective Date and on subsequent Index Anniversaries.
As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your Purchase Payment default
                instructions. On the Index Effective Date we rebalance or reallocate your total Contract Value among all of your selected Allocation Options according to your Purchase Payment default instructions. For additional Purchase Payments we
                receive
after
the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary. This
                transfer on the next Index Anniversary does not involve a reallocation of your total Contract Value.
We only allow Variable Account Value transfers into Index
                Options and Index Option Value transfers between Index Options on Index Anniversaries
. You can automatically reallocate your total Contract Value annually by providing us with instructions
                  (see section 5, Optional Reallocation Program).
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You select the Index Effective Date when you purchase your
                Contract. It can be any Business Day up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.
On your application if you select…
Your Index Effective Date will be either…
the earliest Index Effective Date
• your Issue Date, or
• the first Business Day of the next month if the Issue Date is the 29th, 30th, or 31st of a month
the deferred Index Effective Date
• your first Quarterly Contract Anniversary, or
• the next Business Day if the first Quarterly Contract Anniversary occurs on a non-Business Day, or the first Business Day of the next month if the first Quarterly Contract Anniversary is the 29th, 30th, or 31st of a month
You can change your Index Effective Date before it occurs to
                be an earlier or later date by submitting a request. However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good Order at our Service Center before the end
                of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.
You can change your Purchase Payment default instructions at
                any time without fee or penalty. These changes are effective on the Business Day we receive them in Good Order at our Service Center. We accept changes to Purchase Payment default instructions from any Owner unless you instruct otherwise.
                We may allow you to authorize someone else to change these default instructions on your behalf.
Changes to your Purchase Payment default instructions do not reallocate or transfer existing
                  Index Option Values
.
We notify you at least 30 days in advance of each Index
                Anniversary as a reminder that on the upcoming anniversary you may transfer Variable Account Value to the Index Options, and you may transfer Index Option Value between Index Options. Transfers between Allocation Options do not change your
                Purchase Payment default instructions. For more information, see section 4, Variable Options – Electronic Transfer and Allocation Instructions. On each Index Anniversary, if we have not received transfer instructions from you, and you are
                not participating in the Index Option reallocation program, all assets invested continue to be invested in the Index Options at the renewal Caps.
You cannot transfer Index Option Value to the Variable
                Options except on every sixth Index Anniversary,
at which point you can do so even if the assets you wish to transfer have been in the Index Options for less than six full years
. If
                you request to transfer Index Option Value to the Variable Options on a sixth Index Anniversary this request automatically cancels any prior transfer instructions you gave to us regarding moving Variable Account Value to the Index Options.
                We must receive all Index Option transfer instructions in Good Order at our Service Center before the end of the Business Day on the Index Anniversary (or the next Business Day if the Index Anniversary is a non-Business Day).
You can transfer Variable Account Value among the Variable
                Options on any Business Day, except that any amount held in the AZL Government Money Market Fund that is set to be allocated to an Index Option on the Index Effective Date or an Index Anniversary will not be transferred to the Index Option
                if it is transferred to another Variable Option.
•  In order to apply Purchase
                        Payments we receive
after
the Index Effective Date to your selected Index Option(s) on the next Index Anniversary, we must receive them
before
the end of the Business Day on the Index Anniversary (or before the end of the
prior
Business Day
                        if the anniversary is a non-Business Day).
•  Variable
                        Options are subject to Contract fees and expenses (e.g. product fee), and market risk and assets you allocate to them may lose value,
including any Purchase Payments we hold in the
                          AZL Government Money Market before transferring them to your selected Index Options
.
Automatic Investment Plan (AIP)
The AIP makes additional Purchase Payments to the Variable
                Options during the Accumulation Phase on a monthly or quarterly basis by electronic money transfer from your savings, checking or brokerage account. You can participate in AIP by completing our AIP form. Our Service Center must receive your
                form in Good Order by the 15th of the month (or the next Business Day if the 15th is a non-Business day) in order for AIP to begin that same month. We process AIP Purchase Payments on the 20th of the month, or the next Business Day if the
                20th is a non-Business Day. We allocate AIP Purchase Payments according to your Purchase Payment default instructions which must comply with the allocation requirements and restrictions stated in this section. AIP has a maximum of $1,000
                per month. We must receive your request to stop or change AIP at our Service Center by the end of the last Business Day immediately before the Business Day we process
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AIP to make the change that month. If you choose to begin Annuity Payments,
                AIP ends automatically on the Business Day before the Annuity Date. We reserve the right to discontinue or modify AIP at any time and for any reason.
For Owners of Qualified Contracts, AIP is not available if you have an Inherited IRA Contract, an Inherited Roth IRA Contract, or if your Contract is funding a
                        plan that is tax qualified under Section 401 of the Code.
Free Look/Right to Examine Period
If you change your mind about owning the Contract, you can
                cancel it within ten days after receiving it. We return your Contract Value as of the Business Day we receive your cancellation request in Good Order. This may be more or less than your initial Purchase Payment. If you have an IRA Contract,
                we refund your Purchase Payments less withdrawals, or Contract Value, if greater. For IRA Contracts, we reserve the right to allocate your initial Purchase Payment to the AZL Government Money Market Fund until the free look period ends, and
                then re-allocate your money, less fees and charges, according to your Purchase Payment default instructions. We do not assess a withdrawal charge or deduct any other Contract fees or expenses if you cancel your Contract during the free look
                period. In the Contract, the free look provision is also called the right to examine.
4.
Variable

                  Options
The following table lists this Contract's Variable Options
                and their associated investment advisers and subadvisers, investment objectives, and principal investment strategies. Depending on market conditions, you can gain or lose value by investing in the Variable Options. In the future, we may
                add, eliminate or substitute Variable Options to the extent permitted by the federal securities laws and, when required, the SEC.
You should read the Variable Options' prospectuses
carefully
. The Variable Options invest in different types of securities and follow varying investment strategies. There are potential risks associated with each of
                  these types of securities and investment strategies. The operation of the Variable Options and their various risks and expenses are described in the Variable Options' prospectuses. We send you the current copy of the Variable Options'
                  prospectuses when we issue the Contract.
(You can also obtain the current Variable Options' prospectuses by contacting your Financial Professional or calling us at the toll-free telephone number listed at the back of this
                prospectus.)
Currently, the Variable Options are not publicly available
                mutual funds. They are available only as Variable Options in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified pension or
                retirement plans. A material conflict of interest may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. Each Variable Option's Board of Directors monitors for material
                conflicts, and determines what action, if any, should be taken to address any conflicts.
The names, investment objectives and policies of certain
                Variable Options may be similar to the names, investment objectives and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the Variable Options' investment
                results may be higher or lower than these other portfolios' results. The investment advisers cannot guarantee, and make no representation, that these similar funds' investment results will be comparable even though the Variable Options have
                the same names, investment advisers, objectives, and policies.
Each Variable Option offered by the Allianz Variable
                Insurance Products Fund of Funds Trust (Allianz VIP Fund of Funds Trust) is a "fund of funds" and diversifies its assets by investing primarily in shares of several other affiliated mutual funds.
The Variable Options may pay 12b-1 fees to the Contracts'
                distributor, our affiliate, Allianz Life Financial Services, LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are compensated
                by the Variable Options' advisers, distributors and/or affiliates for administrative services and benefits we provide to these Variable Options. The compensation amount usually is based on the Variable Options' aggregate assets purchased
                through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any variable annuity contract we offer is 0.35% annually of the
                average aggregate amount invested by us in the variable investment options.
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The Allianz VIP Fund of Funds Trust underlying funds do not
                pay 12b-1 fees or service fees to the Trust, and the Trust does not charge 12b-1 fees or service fees. The Allianz VIP Fund of Funds Trust underlying funds or their advisers may pay service fees to us and our affiliates for providing
                customer service and other administrative services to you. Service fees may vary depending on the underlying fund.
We offer other variable annuity contracts that may invest in
                these Variable Options. These contracts may have different charges and may offer different benefits more appropriate to your needs. For more information about these contracts, please contact our Service Center.
Allianz Investment Management LLC is an adviser/subadviser
                that is affiliated with us through common ownership.
VARIABLE OPTIONS
Investment
Management
Company and
Adviser/Subadviser
Investment
Option Name
Asset Class
Investment
Objective
Principal Investment Strategies
(Normal market conditions)
Allianz Fund of Funds
Allianz Investment Management LLC
AZL MVP Balanced Index Strategy Fund
A "Fund of Funds" Model Portfolio
Long-term capital appreciation with preservation of capital as an important consideration
Invests primarily (approximately 95%) in a combination of five underlying index funds (generally allocated 40% to 60% to underlying equity index funds and
                        40% to 60% to underlying bond index fund), combined with the MVP (Managed Volatility Portfolio) risk management process intended to adjust the risk of the portfolio based on quantitative indicators of market risk.
AZL MVP Growth Index Strategy Fund
A "Fund of Funds" Model Portfolio
Long-term capital appreciation
Invests primarily (approximately 95%) in a combination of five underlying index funds (generally allocated 65% to 85% to underlying equity index funds and
                        15% to 35% to underlying bond index fund), combined with the MVP (Managed Volatility Portfolio) risk management process intended to adjust the risk of the portfolio based on quantitative indicators of market risk.
Blackrock
Allianz Investment Management LLC/BlackRock Advisors, LLC
AZL Government Money Market Fund
Cash Equivalent
Current income consistent with stability of principal
Invests at least 99.5% of its total assets in cash, government securities, or repurchase agreements that are collateralized
                        fully. Invests at least 80% in government securities or in repurchase agreements collateralized by government securities. Investments include U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and
                        interest by the U.S. Government, its agencies or instrumentalities, and repurchase agreements secured by such obligations. In addition, the Fund may invest in variable and floating rate instruments. During extended periods of low
                        interest rates, and due in part to contract fees and expenses, the yield of the AZL Government Money Market Fund may also become extremely low and possibly negative.
Substitution of Variable Options and Limitation on Further
                Investments
We may substitute another Variable Option for one of your
                selected Variable Options, for any reason in our sole discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. We may
                make substitutions with respect to your existing allocations, future Purchase Payment allocations, or both. New or substitute Variable Options may have different fees and expenses, and their availability may be limited to certain purchaser
                classes. We may limit further Variable Option allocations if marketing, tax or investment considerations warrant, or for any reason in our sole discretion. We may also close Variable Options to additional allocations. The fund companies
                that sell Variable Option shares to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.
Transfers Between Variable Options
You can transfer Variable Account Value among the Variable
                Options on any Business Day. Transfers may be subject to a transfer fee as stated in section 6, Expenses.
The following applies to any transfer.
•
Your
                        request for a transfer must clearly state the Variable Options involved and how much to transfer.
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•
Your
                        right to make transfers is subject to the Excessive Trading and Market Timing policy discussed later in this section.
•
Variable Account Value transfers between Variable Options do not change your Purchase Payment default instructions.
Any amount held in the AZL Government Money Market Fund that
                is set to be allocated to an Index Option on the Index Effective Date or an Index Anniversary will not be transferred to the Index Option if it is transferred to another Variable Option.
We process transfer requests based on prices next determined
                after we receive your request in Good Order at our Service Center. If we do not receive your transfer request
before
the end of the
current
Business Day, even
                if due to our delay in answering your call or a delay caused by our electronic systems, you receive the
next
Business Day's prices. For jointly owned Contracts, unless you require us to obtain
                signatures from both Joint Owners, we accept transfer instructions from any Joint Owner. We may also allow you to authorize someone else to request transfers on your behalf.
Electronic Transfer and Allocation Instructions
We use reasonable procedures to confirm that electronic
                transfer and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record all telephone instructions and log all fax, email and
                website instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.
Please note that telephone, fax, email and/or the website may
                not always be available. Any electronic system, whether it is ours, yours, your service provider's, or your Financial Professional's, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of
                your transfer request or allocation instruction change. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions
                in writing to our Service Center.
By authorizing electronic instructions, you authorize us to
                accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect
                your website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.
Electronic Transfer and Allocation Instructions
We use reasonable procedures to confirm that electronic
                transfer and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record all telephone instructions and log all fax, email and
                website instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.
Please note that telephone, fax, email and/or the website may
                not always be available. Any electronic system, whether it is ours, yours, your service provider's, or your Financial Professional's, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of
                your transfer request or allocation instruction change. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions
                in writing to our Service Center.
By authorizing electronic instructions, you authorize us to
                accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect
                your website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.
Excessive Trading and Market Timing
We may restrict or modify your right to make transfers to
                prevent any use that we consider to be part of a market timing program.
Frequent transfers, programmed transfers, transfers into and
                then out of a Variable Option in a short period of time, and transfers of large amounts at one time (collectively referred to as "potentially disruptive trading") may have harmful effects for other Owners, Annuitants and Beneficiaries.
                These risks and harmful effects include the following.
•
Dilution
                        of the interests of long-term investors in a Variable Option, if market timers or others transfer into a Variable Option at prices that are below their true value, or transfer out at prices above their true value.
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•
An
                        adverse effect on portfolio management, such as causing a Variable Option to maintain a higher level of cash or causing a Variable Option to liquidate investments prematurely.
•
Increased brokerage and administrative expenses.
We attempt to protect our Owners and the Variable Options
                from potentially disruptive trading through our Excessive Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the Variable Options as follows:
•
Limit
                        transfer frequency (for example, prohibit more than one transfer a week, or more than two a month, etc.).
•
Restrict
                        the transfer method (for example, requiring all transfers be sent by first-class U.S. mail and rescinding electronic transfer privileges).
•
Require
                        a minimum time period between each transfer into or out of the same Variable Option. Our current Excessive Trading and Market Timing policy, which is subject to change without notice, prohibits "round trips" within 14 calendar days.
                        We do not include transfers into and/or out of the AZL Government Money Market Fund when available in your Contract or any automatic transfers made under any of our programs or Contract features. Round trips are transfers into and
                        back out of the same Variable Option, or transfers out of and back into the same Variable Option.
•
Refuse
                        transfer requests made on your behalf by an asset allocation and/or market timing service.
•
Limit
                        the dollar amount of any single Purchase Payment or transfer request to a Variable Option.
•
Prohibit
                        transfers into specific Variable Options.
•
Impose other limitations or restrictions to the extent permitted by federal securities laws.
We also reserve the right to reject any specific Purchase
                Payment allocation or transfer request from any person if in the investment adviser's, subadviser's or our judgment, a Variable Option may be unable to invest effectively in accordance with its investment objectives and policies. This could
                occur, for example, where frequent or rapid trading causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting Variable Option
                returns. Similarly, rapid or frequent trading may cause a Variable Option to incur excessive transaction fees, which also could affect performance.
We retain some discretion in determining what actions
                constitute potentially disruptive trading and in determining when and how to impose trading restrictions. Currently, we attempt to
deter
disruptive trading as follows. If a transfer(s) is/are
                identified as potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer restrictions. Transfer restrictions
                may include refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single Variable Option, we may prohibit transfers into or Purchase Payment allocations to that
                Variable Option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the right to impose transfer restrictions if we determine, in our
                sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.
We adopted these policies and procedures as a preventative
                measure to protect all Owners from the potential effects of disruptive trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset re-allocations based on your personal situation or
                overall market conditions. We attempt to protect your interests in making legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.
We may make exceptions when imposing transfer restrictions if
                we determine a transfer is appropriate, although it may technically violate our policies and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size,
                whether it was purely a defensive transfer into the AZL Government Money Market Fund, and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate
                these privileges if we believe they might be used for future disruptive trading.
We cannot guarantee the following.
•
Our
                        monitoring will be 100% successful in detecting all potentially disruptive trading activity.
•
Revoking electronic transfer privileges will successfully deter all potentially disruptive trading.
In addition, some of the Variable Options are available to
                other insurance companies and we do not know if they adopted policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at
                detecting and preventing market timing activities, and other insurance
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companies that offer the Variable Options may not have adopted adequate market
                timing procedures, there is some risk that market timing activity may occur and negatively affect other Owners.
We may, without prior notice to any party, take whatever
                action we deem appropriate to comply with any state or federal regulatory requirement. In addition, purchase orders for a Variable Option's shares are subject to acceptance by that Variable Option's manager. We reserve the right to reject,
                without prior notice, any Variable Option transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2 agreements) whereby, upon
                request by an underlying fund or its designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to: (1) provide details
                concerning every purchase, redemption, transfer, or exchange of Variable Options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain Rule 22c-2 agreements, if
                we fail to comply with a request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.
Variable Options may add or change policies designed to
                restrict market timing activities. For example, Variable Options may impose restrictions on transfers between Variable Options in an affiliated group if the investment adviser to one or more of the Variable Options determines that the
                person requesting the transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a Variable Option may impose a short-term trading fee on purchases and sales within a specified period. You
                should review the Variable Options' prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would occur as a result of Variable Option
                restrictions and actions taken by the Variable Options' managers.
This Contract is not designed for professional market timing organizations, or other persons using programmed, large, or frequent transfers, and we may
                        restrict excessive or inappropriate transfer activity.
The retention of some level of discretion by us may result in
                disparate treatment among persons engaging in potentially disruptive trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have
                negative effects.
Voting Privileges
We legally own the Variable Option shares. However, when a
                Variable Option holds a shareholder vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those instructions. Because most Owners
                do not give us instructions and we vote shares proportionally, a small number of Owners may determine a vote's outcome. If we determine we no longer need to get your voting instructions, we will decide how to vote the shares. Only Owners
                have voting privileges. Annuitants, Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.
We determine your voting interest in a Variable Option as
                follows.
•
You
                        can provide voting instructions based on the dollar value of the Variable Option's shares in your Contract's subaccount. We calculate this value based on the number and value of accumulation units for your Contract on the record
                        date. We count fractional units.
•
You receive proxy materials and a voting instruction form.
5.
Valuing

                  Your Contract
Your Contract Value is the total of the Variable Account
                Value and all Index Option Values.
Variable Account Value increases when….
Variable Account Value decreases when….
• you add assets to a Variable Option by Purchase Payment or Contract Value transfer
• there is positive Variable Option performance
• you take assets out of a Variable Option by withdrawal or Contract Value transfer
• there is negative Variable Option performance
• we deduct Contract expenses
Contract expenses we deduct from the Variable Options include the product fee, contract maintenance charge, withdrawal charge and
                        transfer fee as described in section 6, Expenses. Variable Options include Purchase Payments we hold in the AZL Government Money Market Fund before transferring them to your selected Index Options.
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The Variable Options do not provide any protection against
                loss of principal.
You can lose principal and previous earnings you allocate to the Variable Options. These losses can be significant
.
Index Option Values increase when….
Index Option Values decrease when….
• you add assets to an Index Option by Purchase Payment or Contract Value transfer
• you receive a positive Performance Credit or Daily Adjustment
• you take assets out of an Index Option by withdrawal or Contract Value transfer
• you receive a negative Performance Credit or Daily Adjustment
• we deduct Contract expenses
Contract expenses we deduct from the Index Options include the product fee, contract maintenance charge and withdrawal charge as
                        described in section 6, Expenses.
We apply transfers of Contract Value and Purchase Payments to
                the Index Options on the Index Effective Date and Index Anniversaries. We apply Credits to the Index Options on the Index Anniversaries. Contract expenses are deducted at different times during the Index Year as stated in section 6,
                Expenses. The Daily Adjustment applies to the Index Options on any Business Day other than the Index Effective Date or an Index Anniversary.
Performance Credits are subject to the Cap or Buffer
. Positive Performance Credits are not guaranteed and Performance Credits can be zero under all the Index Options. Performance Credits can be negative after application of the Buffer .
A negative
                Performance Credit means that you can lose principal and previous earnings.
These losses can be significant.
Determining Variable Account Value
The Separate Account holds the assets you allocate to the
                Variable Options, including Purchase Payments held in the AZL Government Money Market Fund before we transfer them to the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in the shares of a
                single Variable Option.
We convert amounts you allocate to a Variable Option into
                subaccount accumulation units. Each subaccount's daily price (accumulation unit value) is based on the Variable Option's price. A Variable Option's price is typically determined at the end of each Business Day,
and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day's price
. A Variable Option's price reflects deduction of its operating expenses.
We calculate your Variable Account Value at the end of each
                Business Day by multiplying each subaccount's accumulation unit value by its number of accumulation units, and adding those results together for all subaccounts.
On the Issue Date, the number of accumulation units in each
                subaccount is equal to the amount allocated to a subaccount divided by its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:
•
increase
when you add assets to a Variable Option by Purchase Payment or Contract Value transfer, and
•
decrease
when assets are removed from a Variable Option by transfer, withdrawal or deduction of Contract expenses.
We arbitrarily set the initial accumulation unit value for
                each subaccount. At the end of each Business Day, we determine the new accumulation unit value for each subaccount by multiplying the prior Business Day's accumulation unit value by the Variable Option's percentage change in price since the
                prior Business Day. The percentage change in price includes the Variable Option's market performance.
Example
•
We
                        receive at our Service Center an additional Purchase Payment of $3,000 from you before the end of the Business Day.
•
When
                        the New York Stock Exchange closes on that Business Day, we determine that the accumulation unit value is $13.25 for the subaccount of your selected Variable Option.
•
We then divide $3,000 by $13.25 and credit your Contract that night with 226.415094 subaccount accumulation units for your selected Variable Option.
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Determining Index Option Values
We calculate an Index Option Value for each Index Option at
                the end of each Business Day. Generally, the Index Option Value is equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies on Business Days other than the Index Effective Date or an Index
                Anniversary. The Daily Adjustment can be positive or negative and is discussed later in this section.
On the Index Effective Date, both the Index Option Value and
                the Index Option Base for each of your selected Index Options are initially equal to the amount of:
•
any
                        Purchase Payment received that day which you allocated to that Index Option, and
•
any Contract Value transferred into that Index Option.
At the end of each subsequent Business Day for each selected
                Index Option, we first either apply:
•
the
                        Daily Adjustment if this is not an Index Anniversary , or
•
a Performance Credit if this is an Index Anniversary.
We calculate Performance Credits as described under
                "Calculating Performance Credits" next in this section and apply them as follows:
•
We
                        multiply each Index Option Base by its Performance Credit and add this amount to its Index Option Base.
•
Then we set each Index Option Value equal to its Index Option Base.
Lastly, we increase and/or decrease each Index Option Base
                and Index Option Value for additional Purchase Payments, transfers, partial withdrawals and the deduction of any Contract expenses.
•
Additional
                        Purchase Payments received on an Index Anniversary and allocated to this Index Option, and transfers of Variable Account Value or Index Option Value into this Index Option, increase these values by the dollar amount allocated or
                        transferred.
•
Transfers
                        out of this Index Option reduce these values by the dollar amount removed from the Index Option.
•
Partial withdrawals you request and Contract expenses we deduct reduce these values by the dollar amount withdrawn from the Index Option.
–
We
                        deduct partial withdrawals and Contract expenses from the Index Options proportionately based on the percentage of Contract Value in each Index Option using values determined at the end of the Business Day before we process the
                        withdrawal or deduct the Contract expense. However, if you specifically direct us to take a partial withdrawal from a specific Index Option we reduce that Index Option Value by the dollar amount you specify, including any applicable
                        withdrawal charge.
–
We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced its associated Index Option Value.
•
Partial withdrawals and Contract expenses we deduct from the Index Options during the Index Year do not receive a Performance Credit on the next Index Anniversary
. However, the remaining amount in
                        the Index Options is eligible for a Performance Credit on the next Index Anniversary.
•  You
                        cannot specify from which Allocation Option we deduct Contract expenses; we deduct Contract expenses from each Allocation Option proportionately based on the percentage of Contract Value in each Allocation Option. However, you can
                        specify from which Allocation Option we deduct a partial withdrawal.
There is no consistent financial advantage to deducting a partial withdrawal from any specific Allocation Option.
Calculating Performance Credits
We base Performance Credits on Index Values and Index
                Returns. We measure Index Values on the Index Effective Date and subsequent Index Anniversaries using the Index's price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the
                Index Anniversary is a non-Business Day we use the next Business Day's Index price. If you select the EURO STOXX 50
®
, we determine Index Returns
                without any exchange rate
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adjustment.
Because we
                  calculate Index Returns only on Index Anniversaries, the Index Return does not necessarily reflect the highest or lowest Index Values that occurred during an Index Year.
Crediting Method
If Index Value is less than it was on the
prior Index Anniversary*
(i.e., Index Return is negative):
If Index Value is equal to or greater than it was on the prior Index Anniversary*
(i.e., Index Return is zero or positive):
Index Performance Strategy
Performance Credit is equal to the negative Index Return in excess of the Buffer.Assume the Buffer is 10%. If the Index
                        Return is…
• -8%, the Performance Credit is zero.
• -12%, the Performance Credit is -2%.
Performance Credit is equal to the Index Return up to the Cap set on the prior Index AnniversaryAssume the Cap is 8%. If the Index Return is…
• 0%, the Performance Credit is zero.
• 6%, the Performance Credit is 6%.
• 12%, the Performance Credit is 8%.
Index Protection NY Strategy
Performance Credit is equal to the negative Index Return in excess of the Buffer.Assume the Buffer is 30%. If the Index
                        Return is…
• -12%, the Performance Credit is zero.
• -32%, the Performance Credit is -2%.
Performance Credit is equal to the Index Return subject to the Cap set on the prior Index Anniversary*Assume the Cap is 5%. If the Index Return is…
• 0%, the Performance Credit is zero.
• 4%, the Performance Credit is 4%.
• 12%, the Performance Credit is 5%.
*  Or the Index Effective Date if this is the first Index Anniversary.
Daily Adjustment
We designed the Daily Adjustment to provide an Index Option
                Value during the Index Year on days other than the Index Effective Date or an Index Anniversary. The Daily Adjustment can affect the amounts available for withdrawal, annuitization, payment of the death benefit, and the Contract Value used
                to determine the Charge Base and contract maintenance charge. It is discussed in the Summary - What is the Daily Adjustment?; and in Risk Factors – Risk of Negative Returns. The Daily Adjustment formula is described in Appendix B and in
                Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(a) by calling (800)
                624-0197, or visiting our website at www.allianzlife.com/new-york.
Performance Locks
We must receive a manual Performance Lock request in Good
                Order before the end of the current Business Day to lock an Index Option on that day. Otherwise the Lock Date will occur on the next Business Day that your request is in Good Order. We do not allow Performance Locks to occur on Index
                Anniversaries. For requests submitted in writing, we don't consider the request to be received until it arrives at our Service Center.
You (or your Financial Professional, if authorized) can
                request an automatic Performance Lock based on targets you set only through your account on our website. When you establish your account you must provide us with an email address. You can set upper and/or lower targets for each of these
                Index Options each Index Year.
Setting a target close to the current Daily Adjustment may cause a Performance Lock to occur very quickly.
You can change or cancel targets at any time
                before we execute a Performance Lock. Each Index Option's target automatically expires on the earlier of the Lock Date, or the last Business Day before the Index Anniversary. You can also "over-ride" a target by requesting a manual
                Performance Lock before the target is reached. We determine if a target is reached using the Index Option Values determined at the end of the prior Business Day using the prior day's Daily Adjustment. We then execute the Performance Lock
                using the Daily Adjustment determined at the close of business on the Lock Date.
By setting targets you are authorizing us to automatically execute a Performance Lock at the close of
                  business on the Lock Date once the target is reached, unless you cancel the lock.
We will send an email notice once the Daily Adjustment for an Index Option reaches a target. To cancel an automatic Performance Lock after a target
                is reached, we must receive your request in Good Order
before
the close of business on the Lock Date.
For example, assume the Cap for the Index Performance
                Strategy with the S&P 500
®
Index is 10.25% and you set a target of 9.50%. On a Tuesday, your Daily Adjustment determined at the end of the
                Business Day is 9.63%. We will send you an email notice and assuming Wednesday is a Business Day, we will execute the Performance Lock on Wednesday (which will be your Lock Date) using the Daily Adjustment determined at the close of
                business. If Wednesday is a non-Business
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Day, your Lock Date would instead be Thursday (assuming it is a Business Day).
Note that the Daily Adjustment on the Lock Date could be greater or less than your target of 9.50%, or Tuesday's Daily Adjustment of 9.63%.
A Performance Lock can be executed once each Index Year for
                each of these Index Options. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment calculated at the end of the current Business Day on
                the Lock Date to determine your locked Index Option Value. This "locked" Index Option Value may be more or less than the "unlocked" Index Option Value that is available for your review on the Lock Date because the unlocked Index Option
                Value was determined at the end of the
prior
Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term, Daily Adjustments do not apply
                for the remainder of the Index Year and the locked Index Option Value will not receive a Performance Credit on the next Index Anniversary. However, a locked Index Option Value can decrease if you take a partial withdrawal or when we deduct
                Contract expenses. On the next Index Anniversary that occurs immediately after the Lock Date, all locked Index Options will be unlocked, we will reallocate the locked Index Option Value according to your instructions, and Daily Adjustments
                will again apply for the new Index Year. If you do not provide us with reallocation instructions, the Index Option Value will remain in the same Index Option.
A Performance Lock can help eliminate doubt about future
                Index performance and possibly limit the impact of a negative Performance Credit you would otherwise receive. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase before the end of the Index Year,
                and you will not participate in that increase. In addition, if you execute a Performance Lock, you may receive less than the full protection of the or Buffer, than you would have received if you waited for us to apply the Performance Credit
                on the next Index Anniversary.
Optional Reallocation Program
Index Option performance may cause the percentage of total
                Index Option Value in each Index Option to change. Reallocating can help you maintain your selected Index Option allocation percentages. You can direct us to automatically reallocate your Index Option Values on each Index Anniversary (or on
                the next Business Day if the Index Anniversary is a non-Business Day) according to your instructions. We must receive your reallocation instructions in Good Order at our Service Center before the end of the Business Day we reallocate. We
                reserve the right to discontinue or modify the optional reallocation program at any time and for any reason. To end this program, we must receive your request at our Service Center before the end of the last Business Day immediately before
                the Index Anniversary.
6.
Expenses
Contract fees and expenses reduce your investment return and
                are described here in detail.
Product Fee
The product fee compensates us for providing all your
                Contract's benefits, including our contractual obligation to make Annuity Payments and certain Contract and distribution expenses. The product fee also compensates us for assuming the expense risk that the current charges are less than
                future Contract administration costs as well as the cost of providing certain features under the Contract. If the product fee covers these costs and risks, any excess is profit to us. We anticipate making such a profit.
Annual Contract Fees
(as a percentage of the Charge Base)
Product Fee
(1)
1.25%
(1)
Upon
                        the death of the Owner, we continue to assess this product fee under death benefit payment Option B, and with optional payments under death benefit payment Option C, as noted in section 9, Death Benefit.
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The product fee is an annualized rate that we calculate and
                accrue on a daily basis as a percentage of the Charge Base during the Accumulation Phase as follows.
Issue Date
Non-Quarterly Contract Anniversaries
Quarterly Contract Anniversaries*
• The Charge Base is equal to your initial Purchase Payment.• We begin calculating and accruing
                        the daily product fee,
on the day after the Issue Date.
• First we calculate and accrue the daily product fee, using the Charge Base. If this is a non-Business Day we use the Charge Base from the
                        end of the prior Business Day.• Then if this is a Business Day we increase/decrease the Charge Base as follows.
– If we receive an additional Purchase Payment, we increase the Charge Base by the amount we receive.
– If you take a partial withdrawal (including a Penalty-Free Withdrawal), or we withdraw Contract fees and expenses, we decrease the Charge Base by the percentage of Contract Value withdrawn.
• First we process all daily transactions and determine your Contract Value. Daily transactions include any gains/losses due to
                        Variable Option performance or application of any Daily Adjustment (or Credit if this is also an Index Anniversary), any additional Purchase Payment, and deductions for withdrawals and Contract fees and expenses,
including deduction of the accrued daily product fee for the prior quarter.
– We deduct the accrued product fee for the prior quarter on a dollar for dollar basis from the Contract Value, and proportionately from each Allocation Option.• Then we set the Charge Base equal to this Contract Value and we
                        calculate and accrue the
next quarter's
daily product fee using the newly set Charge Base.
*
Or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day.
Example:
Contract Value is $125,000; Charge Base is $127,000; a $10,000 partial withdrawal
                          (including any withdrawal charge) would decrease the Charge Base by $10,160. [($10,000 ÷ $125,000) x $127,000]
Any increase/decrease to the Charge Base will increase/decrease the daily product fee we calculate and accrue
on the next day.
Examples of how we calculate the product fee are included in Appendix E.
We do not treat the deduction of the accrued product fee as a withdrawal when computing total Purchase Payments adjusted for withdrawals under the Traditional
                        Death Benefit (see section 9).
Deduction of the final product fee
•
If
                        you take a full withdrawal of the total Contract Value, we deduct the final accrued product fee before processing the withdrawal.
•
If
                        you annuitize the Contract, we deduct the final accrued product fee before calculating Annuity Payments.
•
Upon the death of an Owner (or Annuitant if the Owner is a non-individual), we deduct the final accrued product fee before calculating the death benefit if death benefit payment Option A or Annuity
                        Payments under death benefit payment Option C is selected.
If on a Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day) the Contract Value is less than
                        the accrued product fee, we deduct your total remaining Contract Value to cover the accrued product fee and reduce your Contract Value to zero. If the deduction of the accrued product fee reduces your Contract Value to zero and the
                        Traditional Death Benefit has ended, we treat this as a full withdrawal and your Contract ends.
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Contract Maintenance Charge
Your annual contract maintenance charge is $50. This charge
                is for Contract administration and maintenance expenses. We waive this charge as follows:
•
During
                        the Accumulation Phase, if the total Contract Value for all Allianz Index Advantage
®
New York Contracts you own is at least $100,000 at
                        the end of the last Business Day before the Contract Anniversary, or if the Contract Value for this single Allianz Index Advantage
®
New
                        York Contract is at least $100,000 on the Contract Anniversary. We determine the total Contract Value for all individually owned Allianz Index Advantage
®
New York Contracts by using the Owner's social security number, and for non-individually owned Allianz Index Advantage
®
New York Contracts we use the Annuitant's social security number.
•
During
                        the Annuity Phase.
•
When paying death benefits under death benefit payment options A, B, or C.
We deduct the contract maintenance charge:
•
on
                        a dollar for dollar basis from the Contract Value on the Contract Anniversary (or the next Business Day if the Contract Anniversary is a non-Business Day), and
•
we deduct it proportionately from each Allocation Option.
If you take a full withdrawal from your Contract (other than
                on a Contract Anniversary), we deduct the full contract maintenance charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing total Purchase Payments adjusted for withdrawals under the
                Traditional Death Benefit.
Withdrawal Charge
You can take withdrawals during the Accumulation Phase. A
                withdrawal charge applies if any part of a withdrawal comes from a Purchase Payment that is still within the withdrawal charge period. We assess the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase
                Payments, less any Purchase Payments withdrawn (including any Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the Withdrawal Charge Basis for any amounts we deduct to pay other Contract expenses.
We do not assess a withdrawal charge on Penalty-Free
                Withdrawals or amounts we deduct to pay Contract expenses, other than the withdrawal charge. However, any amounts used to pay a withdrawal charge are subject to a withdrawal charge.
Amounts withdrawn to pay
                  investment adviser fees are subject to a withdrawal charge if they exceed the free withdrawal privilege.
Calculating a Withdrawal Charge
Example
For purposes of calculating any withdrawal charge, we withdraw Purchase Payments on a "first-in-first-out" (FIFO)
                        basis and we process withdrawal requests as follows.
You make an initial Purchase Payment of $30,000 and make another Purchase Payment in the first month of the second Contract Year of $70,000. In the third
                        month of the third Contract Year, your Contract Value is $110,000 and you request a $52,000 withdrawal. We withdraw money and compute the withdrawal charge as follows.
1.  First we withdraw from Purchase Payments that we have had for six or more complete years, which is your
                        Contract's withdrawal charge period. This withdrawal is not subject to a withdrawal charge and it reduces the Withdrawal Charge Basis.
1
.
Purchase Payments beyond the withdrawal charge period.
All payments are
                        still within the withdrawal charge period, so this does not apply.
2.  Then, if this is a partial withdrawal, we withdraw from the free withdrawal privilege (see
                        section 7, Access to Your Money – Free Withdrawal Privilege). This withdrawal is not subject to a withdrawal charge, it reduces the Withdrawal Charge Basis, and is withdrawn from Purchase Payments on a FIFO basis.
2
.
Amounts available under the free withdrawal privilege.
You
                        did not take any other withdrawals this year, so you can withdraw up to 10% of your total payments (or $10,000) without incurring a withdrawal charge. We also deduct this $10,000 from the first Purchase Payment.
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Calculating a Withdrawal Charge
Example
3.  Next, on a FIFO basis, we withdraw from Purchase Payments within your Contract's withdrawal charge period and assess a withdrawal charge.
                        Withdrawing payments on a FIFO basis may help reduce the total withdrawal charge because the charge declines over time. We determine your total withdrawal charge by multiplying each payment by its applicable withdrawal charge
                        percentage and then totaling the charges. This withdrawal reduces the Withdrawal Charge Basis.
The withdrawal charge as a percentage of each Purchase Payment withdrawn is as follows.
3
.
Purchase Payments within the withdrawal charge period on a FIFO basis.
The total amount we
                        withdraw from the first Purchase Payment is $30,000, which is subject to a 6.5% withdrawal charge, and you receive $18,700. We determine this amount as follows:
(
amount withdrawn) x (1 – withdrawal charge) = the amount you receive, or:
$20,000 x 0.935 = $18,700
Next we withdraw from the second Purchase Payment.
So far, you received $28,700 ($10,000 under the free withdrawal privilege and $18,700 from the first Purchase Payment), so we withdraw $23,300 from the second Purchase Payment to equal the $52,000 you requested. The second Purchase
                        Payment is subject to an 8% withdrawal charge. We calculate the total amount withdrawn and its withdrawal charge as follows:
(the amount you receive) ÷ (1 – withdrawal charge) = amount withdrawn, or:
$23,300 ÷ 0.92 = $25,326.
Number of Complete
Years Since
Purchase Payment
Withdrawal Charge
Amount
0
1
2
3
4
5
6 years or more
8.5%
8%
6.5%
5%
3%
1%
0%
4.  Finally we withdraw any Contract earnings. This withdrawal is not subject to a withdrawal charge and it does not reduce the
                        Withdrawal Charge Basis.
4.
Contract earnings.
We already withdrew your requested amount, so this does not apply.
In total we withdrew $55,326 from your Contract, of which you received $52,000 and paid a withdrawal charge of $3,326.
Upon a full withdrawal, we first deduct any applicable
                product fee, and contract maintenance charge before we calculate the withdrawal charge. We deduct any applicable withdrawal charge from the total Contract Value and send you the remaining amount. For a partial withdrawal we deduct the
                amount you request, plus any applicable withdrawal charge from the total Contract Value. We apply the withdrawal charge to this total amount and we pay you the amount you requested. We deduct any partial withdrawal (including any withdrawal
                charge) proportionately from each Allocation Option unless you provide us with alternate instructions. If a partial withdrawal occurs on a day that we also assess the product fee, and/or contract maintenance charge, we assess these charges
                in this order after we deduct the withdrawal and any applicable withdrawal charge from the Contract Value.
The withdrawal charge compensates us for expenses associated
                with selling the Contract.
Reduction or Elimination of the Withdrawal Charge
We may reduce or eliminate the withdrawal charge when the
                Contract is sold under circumstances that reduce its sales expenses. We will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a
                prospective purchaser already has a relationship with us. We may choose not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life of New York or any of its affiliates. Also, we may reduce
                or eliminate the withdrawal charge when a Contract is sold by a
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Financial Professional appointed with Allianz Life of New York to any members
                of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal charge reduction or elimination.
•  We do not reduce the Withdrawal
                        Charge Basis for deduction of Contract expenses other than the withdrawal charge.
This means that upon a full withdrawal, if your Contract Value is less than your remaining Purchase Payments that are
                          still subject to a withdrawal charge we will assess a withdrawal charge on more than the amount withdrawn. This can occur because your Contract Value was reduced for:
–
deductions of Contract expenses other than the withdrawal charge, and/or
–
poor performance.
This also means that upon a full withdrawal you may not receive any money.
•  Withdrawals may also be
                        subject to
ordinary income taxes, and a 10% additional federal tax if you are under age 59
1
⁄
2
, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative)
.
•  For tax
                        purposes in most instances, withdrawals from Non-Qualified Contracts are considered to come from earnings first, not Purchase Payments.
Transfer Fee
The first twelve transfers between Variable Options every
                Contract Year are free. After that, we deduct a $25 transfer fee for each additional transfer. We count all transfers made in the same Business Day as one transfer. We do not count transfers between the Variable Options and Index Options or
                reallocation of Index Option Value among the Index Options against the free transfers we allow and these transfers are not subject to a transfer fee. The transfer fee continues to apply under death benefit payment Option B, and with
                optional payments under death benefit payment Option C as noted in section 9, Death Benefit.
We deduct the transfer fee on a dollar for dollar basis from
                the amount of Variable Account Value being transferred before allocating the remaining Variable Account Value to your selected Variable Options. We do not treat the deduction of the transfer fee as a withdrawal when computing total Purchase
                Payments adjusted for withdrawals under the Traditional Death Benefit.
Premium Tax
Premium tax is based on your state of residence at the time
                you make each Purchase Payment. In states that assess a premium tax, we do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment,
                depending on the state or governmental entity. New York does not currently assess a premium tax.
Income Tax
Currently, we do not deduct any Contract related income tax
                we incur, although we reserve the right to do so in the future.
Variable Option Expenses
The Variable Options' assets are subject to operating
                expenses (including management fees). These expenses are described in the Fee Tables and in the Variable Options' prospectuses. These expenses reduce the Variable Options' performance and, therefore, negatively affect your Contract Value
                and any payments based on Contract Value. The Variable Options' investment advisers provided us with the expense information in this prospectus and we did not independently verify it.
7.
Access

                  to Your Money
Your Contract Value is available under the following
                circumstances:
•
by
                        taking a withdrawal;
•
by
                        taking required minimum distributions (Qualified Contracts only) as discussed in "Minimum Distribution Program and Required Minimum Distribution (RMD) Payments" later in this section;
•
by
                        taking Annuity Payments; or
•
when we pay a death benefit.
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You can take withdrawals during the Accumulation Phase. We
                process withdrawal requests based on values next determined after receipt of the request in Good Order at our Service Center. Values are normally determined at the end of each Business Day. We process any withdrawal request received at or
                after the end of the current Business Day using values determined on the next Business Day.
Any partial withdrawal must be for at least $100.* The
                Contract Value after a partial withdrawal must be at least $2,000.*
We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.
*
Does
                        not apply to required minimum distributions.
We deduct any partial withdrawal (including any withdrawal
                charge) proportionately from each Allocation Option unless you provide us with alternate instructions.
When you take a full withdrawal, we process your request on
                the Business Day we receive it in Good Order at our Service Center as follows:
•
total
                        Contract Value,
•
less
                        any final product fee and final contract maintenance charge, and
•
less any withdrawal charge.
See the Fee Tables and section 6, Expenses for a discussion
                of these charges.
We pay withdrawals promptly, but in no event later than seven
                days after receipt of your request in Good Order at our Service Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).
•  Withdrawals may be subject to a
                        withdrawal charge, ordinary income taxes, and a 10% additional federal tax if you are under age 59
1
⁄
2
, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative)
.
•  We may
                        be required to provide information about you or your Contract to government regulators. We may also be required to stop Contract disbursements and thereby refuse any transfer requests, and refuse to pay any withdrawals, surrenders,
                        or death benefits until we receive instructions from the appropriate regulator. If, pursuant to SEC rules, the AZL Government Money Market Fund suspends payment of redemption proceeds in connection with a fund liquidation, we will
                        delay payment of any transfer, partial withdrawal, surrender, or death benefit from the AZL Government Money Market Fund subaccount until the fund is liquidated.
Free Withdrawal Privilege
Each Contract Year, you can withdraw up to 10% of your total
                Purchase Payments without incurring a withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available next year. Purchase Payment withdrawals that are outside
                the six year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. Required minimum distribution payments are not subject to a withdrawal charge, but do reduce your free withdrawal
                privilege.
The free withdrawal privilege is not available upon a full withdrawal.
Systematic Withdrawal Program
The systematic withdrawal program can provide automatic
                withdrawal payments to you. However, if your Contract Value is less than $25,000, we only make annual payments. You can request to receive these withdrawal payments monthly, quarterly, semi-annually or annually. The minimum amount you can
                withdraw under this program is $100 and there is no maximum. During the withdrawal charge period (if applicable), systematic withdrawals in excess of the free withdrawal privilege are subject to a withdrawal charge. We make systematic
                withdrawals on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your systematic withdrawal program form instructions in Good Order at our Service Center before the end of the Business Day
                before we process these withdrawals, or your program does not begin until the next month. This program ends at your request or when you withdraw your total Contract Value. However, we reserve the right to discontinue or modify the
                systematic withdrawal program at any time and for any reason.
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•
Ordinary income
                          taxes and tax penalties may apply to systematic withdrawals.
•
The systematic withdrawal program is not available while you are receiving required minimum distribution payments.
Minimum Distribution Program and Required Minimum
                Distribution (RMD) Payments
If you own an IRA or SEP IRA Contract, you can participate in
                the minimum distribution program during the Accumulation Phase. If you have an Inherited IRA Contract we generally require you to participate in the minimum distribution program when you purchase this Contract. Under this program, we make
                payments to you designed to meet the applicable minimum distribution requirements imposed by the Code for this Qualified Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount
                during the Contract Year. We can make payments to you on a monthly, quarterly, semi-annual or annual basis. However, if your Contract Value is less than $25,000, we only make annual payments. You cannot aggregate RMD payments between this
                Contract and other qualified contracts that you own. We make RMD payments on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your program form instructions in Good Order at our Service
                Center before the end of the Business Day before we process these payments, or your program does not begin until the next month.
•
You should consult a tax adviser before purchasing a Qualified Contract that is subject to RMD payments.
•
The minimum distribution program is not available while you are receiving systematic withdrawals.
Waiver of Withdrawal Charge Benefit
After the first Contract Year, if any Owner becomes confined
                to a nursing home for a period of at least 90 consecutive days and a physician certifies that continued confinement is necessary, you can take withdrawals and we waive the withdrawal charge. This waiver is not available if any Owner was
                confined to a nursing home on the Issue Date. We base this benefit on the Annuitant for non-individually owned Contracts. We must receive proof of confinement in Good Order for each withdrawal before we waive the withdrawal charge.
Suspension of Payments or Transfers
We may be required to suspend or postpone transfers or
                payments for withdrawals for more than seven days after receipt of your request in Good Order at our Service Center, for any period when:
•
the
                        New York Stock Exchange is closed (other than customary weekend and holiday closings);
•
trading
                        on the New York Stock Exchange is restricted;
•
an
                        emergency (as determined by the SEC) exists as a result of which disposal of the Variable Option shares is not reasonably practicable or we cannot reasonably value the Variable Option shares; or
•
during any other period when the SEC, by order, so permits for the protection of Owners.
8.
The
                  Annuity Phase
Prior to annuitization, you can surrender your Contract and
                receive your total Contract Value (less the final product fee, and any applicable contract maintenance charge, and withdrawal charge). If you surrender your Contract on any day other than an Index Anniversary and you have Contract Value in
                the Index Options, we apply the Daily Adjustment to these Index Option Values before we deduct the final Contract fees and expenses.
Annuity Payments offer a guaranteed lifetime income stream
                with certain tax advantages and are designed for Owners who no longer need immediate access to Contract Value to meet their short-term income needs.
You can apply your Contract Value to regular periodic fixed
                Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the payments, whether or not you are the Payee. We may require proof of the Annuitant(s)' age before we make any life contingent Annuity Payment. If you
                misstate the Annuitant(s)' age or gender, we recalculate the Annuity Payments based on the correct age or gender.
Calculating Your Annuity Payments
We base Annuity Payments upon the following:
•
The
                        Contract Value on the Annuity Date.
•
The age of the Annuitant and any joint Annuitant on the Annuity Date.
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•
The
                        gender of the Annuitant and any joint Annuitant where permitted.
•
The
                        Annuity Option you select.
•
Your Contract's interest rate (or current rates, if higher) and mortality table.
If the Annuity Date is not an Index Anniversary, Contract
                Value reflects the Daily Adjustment if you selected an Index Option. We guarantee the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payout option period that you selected,
                except as provided under Annuity Option 3.
Annuity Payment Options
You can choose one of the Annuity Options described below or
                any other payment option to which we agree. After Annuity Payments begin, you cannot change the Annuity Option.
Option 1. Life Annuity.
We
                  make Annuity Payments during the life of the Annuitant, and the last payment is the one that is due before the Annuitant's death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the
                  Contract.
Option 2. Life Annuity with Payments Over 5, 10, 15 or 20 Years
                Guaranteed.
We make Annuity Payments during the life of the Annuitant, with payments for a guaranteed minimum period that you select.
Option 3. Joint and Last Survivor Annuity.
We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint
                  Annuitant, at a level of 100%, 75% or 50% selected by the Owner when he or she chose this Annuity Payment option. If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.
Option 4. Joint and Last Survivor Annuity with Payments Over 5,
                10, 15 or 20 Years Guaranteed.
We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant, with payments for a minimum guaranteed period that you select.
Option 5. Refund Life Annuity.
We make Annuity Payments during the lifetime of the Annuitant, and the last payment is the one that is due before the Annuitant's death. After the Annuitant's death, the Payee may receive a lump sum refund. The
                  amount of the refund equals the amount applied to this Annuity Option minus the total paid under this option.
Under Annuity Options 1, 3 and 5, if all Annuitants die on or
                after the Annuity Date and before we send the first Annuity Payment, we will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the
                Beneficiary(s) if there is no surviving Owner. If the Owner is a non-individual, we pay the Owner.
After the Annuitant's death under Option 2, or the last
                surviving joint Annuitant's death under Option 4, we make Annuity Payments during the remaining guaranteed period in the following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner's
                Beneficiaries, or to the last surviving Owner's estate if there are no remaining or named Beneficiaries.
Annuity Payments are usually lower if you select an Annuity
                Option that requires us to make more frequent Annuity Payments or to make payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an
                older Annuitant and payout rates for life with a guaranteed period are typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 20-year guaranteed period are less than payout rates
                for a 10-year guaranteed period, and payout rates for a 50-year-old Annuitant are less than payout rates for a 70-year-old Annuitant.
If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee under Annuity Option 2 with ten years of guaranteed
                        monthly payments.
When Annuity Payments Begin
Annuity Payments begin on the Annuity Date. Your scheduled
                Annuity Date is the first day of the calendar month following the Annuitant's 90th birthday and is stated in your Contract. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required distribution rules under certain
                Qualified Contracts.
You can make an authorized request for a different, earlier or later Annuity Date after the Issue Date, but any such request is subject to applicable law and our
                  approval.
An earlier or later Annuity Date may not be available to you depending on the Financial
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Professional you purchase your Contract through and your state of residence.
                Your Annuity Date must be at least 13 months after the Issue Date.
If on the Annuity Date (which may occur as early as age 90 or as late as age 100) your Contract Value is greater than zero, you must annuitize the Contract.
We notify you of your available options in writing 60 days in advance, including the option to extend your Annuity Date if available.
If on your Annuity Date
                          you have not selected an Annuity Option, we make payments under Annuity Option 2 with ten years of guaranteed monthly payments.
Upon annuitization you no longer have Contract Value or a
                          death benefit, and you cannot receive any other periodic withdrawals or payments other than Annuity Payments.
9.
Death
                  Benefit
"You" in this section refers to the Owner, or the Annuitant
                if the Contract is owned by a non-individual.
The death benefit is only available during the Accumulation
                Phase.
If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required information, which is either a Valid Claim
                  or due proof of death as stated here. (For information on due proof of death see the Glossary – Valid Claim). If we receive this information at or after the end of the current Business Day, we use the next Business Day's prices.
If there are multiple Beneficiaries, each Beneficiary
                receives the portion of the death benefit he or she is entitled to when we receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary's interest in this Contract ends unless your Beneficiary
                designation specifies otherwise. If there are no remaining Beneficiaries, or no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a
                specific percentage of the death benefit, he or she each receives an equal share.
Each Beneficiary's portion of the death benefit remains in
                the Allocation Options based on the allocation instructions that were in effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there
                is Variable Account Value in the AZL Government Money Market Fund on the date of death, it remains there until the earlier of the next Index Anniversary, or the date we receive a Valid Claim. If an Index Anniversary occurs before we receive
                a Valid Claim, we will transfer that Beneficiary's portion of the Variable Account Value to the Allocation Options based on the allocation instructions that were in effect on the date of death.
From the time we determine the death benefit until we make a
                complete distribution, any amount in the Allocation Options continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or process transfer requests. After we
                receive the first Valid Claim from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax law.
On the first death of a Determining Life during the
                Accumulation Phase, if the Traditional Death Benefit is in effect your Beneficiary(s) will receive the greater of the Contract Value or the total Purchase Payments adjusted for withdrawals.
If the date we are determining the death benefit is not an
                Index Anniversary , Contract Value reflects the Daily Adjustment. Withdrawals reduce your total Purchase Payments adjusted for withdrawals by the percentage of Contract Value withdrawn, determined at the end of each Business Day.
Withdrawals include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.
What Happens Upon Death?
If you are the Determining Life, or if you and the
                Determining Life (Lives) are different individuals and die simultaneously as described in the discussion of Beneficiaries in section 2, Ownership, Annuitants, Determining Life, Beneficiaries and Payees, we determine the Traditional Death
                Benefit at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries, each surviving Beneficiary receives the greater of:
•
their
                        portion of total Purchase Payments adjusted for withdrawals determined at the end of the Business Day we receive the first Valid Claim from any one Beneficiary, or
•
their portion of the Contract Value determined at the end of the Business Day during which we receive his or her Valid Claim.
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If you and the Determining Life (Lives) are different
                individuals and do not die simultaneously, the death benefit is as follows.
This can only occur if you change the Owner after the Issue Date.
•
If a
                        Determining Life dies before you, we do not pay a death benefit to the Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit is still in effect
. At the end of the
                          Business Day we receive due proof of a Determining Life's death we increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if greater,
and the Traditional
                          Death Benefit ends
. We allocate any Contract Value increase to the Allocation Options according to your Purchase Payment default instructions.
•
Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive each Beneficiary's Valid Claim.
The Traditional Death Benefit ends upon the earliest of the
                following.
•
The
                        Business Day before the Annuity Date.
•
The
                        Business Day that the total Purchase Payments adjusted for withdrawals and Contract Value are both zero.
•
Upon
                        the death of a Determining Life, the end of the Business Day we receive a Valid Claim from all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different
                        individuals and die simultaneously as defined by applicable state law or regulation.
•
Upon
                        the death of a Determining Life, the end of the Business Day we receive due proof of the Determining Life's death if you and the Determining Life (Lives) are different individuals and do not die simultaneously.
•
Upon
                        the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life.
•
The Business Day the Contract ends.
We base the Traditional Death Benefit on the first death of a Determining Life (or Lives). This means that upon the death of an Owner (or Annuitant if the
                        Owner is a non-individual),
if a surviving spouse continues
the Contract the Traditional Death Benefit is no longer
                          available
.
Also, if you and the Determining Life (Lives) are different individuals and you die first, the Traditional Death Benefit is not available to your Beneficiary(s).
Death of the Owner and/or Annuitant
The Appendix to the Form N-4 SAI includes tables that are
                intended to help you better understand what happens upon the death of any Owner and/or Annuitant under the different portions of the Contract.
Death Benefit Payment Options During the Accumulation Phase
•
For
                        Contracts without the Index Protection NY Strategy:
If you do not designate a death benefit payment option, a Beneficiary must select one of the options listed below. If no death benefit payment
                          option is selected, we default payment to Option B.
•
For Contract with the Index Protection NY Strategy:
Each Beneficiary must select one of the death benefit payment options listed below.
If a Beneficiary requests a lump sum payment under Option A,
                we pay that Beneficiary within seven days of receipt of his or her Valid Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms. For
                Contracts issued or delivered in New York, if Option A is selected and we do not pay the claim within seven days, we pay interest on the death benefit amount beginning on the eighth calendar day at the greater of the current settlement rate
                which we declare annually, or 3%. You can contact our Service Center at the address or phone number listed at the back of this prospectus for information on the current settlement rate.
Spousal Continuation:
If the
                  Beneficiary is the deceased Owner's spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. For an IRA, Roth IRA, or SEP IRA Contract, spousal
                  continuation can only occur if the surviving spouse is the Contract's sole primary Beneficiary. For non-individually owned Contracts, spousal continuation is only available to Qualified Contracts through a direct rollover to an IRA.
Spouses
                must qualify as such under federal law to continue the Contract.
Individuals who have entered into a registered domestic partnership, civil union, or other similar relationship that is not considered to be
                  a marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death benefit. If the deceased Owner was a
                  Determining Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal the total Purchase Payments adjusted for withdrawals if
                  greater and available, and the
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Traditional Death Benefit ends. We allocate any Contract Value increase to the
                Allocation Options according to Purchase Payment default instructions. If the surviving spouse continues the Contract:
•
he
                        or she becomes the new Owner and may exercise all of the Owner's rights, including naming a new Beneficiary or Beneficiaries;
•
he
                        or she is subject to any remaining withdrawal charge; and
•
upon the surviving spouse's death their Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive a Valid Claim from each Beneficiary.
Death Benefit Payment Options
Option A:
Lump sum payment of
                  the death benefit.
Option B:
Payment of the
                  entire death benefit within five years of the date of any Owner's death. The Beneficiary can continue to make transfers between Allocation Options and is subject to a transfer fee and the product fee.
Option C:
If the Beneficiary
                  is an individual, payment of the death benefit as Annuity Payments under Annuity Options 1, 2 or 5. With our written consent other options may be available for payment over a period not extending beyond the Beneficiary's life expectancy
                  under which the Beneficiary can continue to make transfers between Allocation Options and is subject to a transfer fee and the product fee.
Option C may not be available on a Qualified Contract.
Distribution from Non-Qualified Contracts must begin within
                one year of the date of the Owner's death. Any portion of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner's death must be distributed within five years of the date of
                death.
If a Non-Qualified Contract is owned by a non-individual,
                then we treat the death of an Annuitant as the death of an Owner for purposes of the Code's distribution at death rules, which are set forth in Section 72(s) of the Code.
In all events, notwithstanding any provision to the contrary
                in the Contract or this prospectus, a Non-Qualified Contract is interpreted and administered in accordance with Section 72(s) of the Code.
Other rules may apply to Qualified Contracts.
10.
Taxes
This section provides a summary explanation of the tax
                ramifications of purchasing a Contract. More detailed information about product taxation is contained in the Statement of Additional Information, which is available by calling the toll-free telephone number at the back of this prospectus.
We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract's effects on your personal tax situation.
Qualified and Non-Qualified Contracts
You can purchase either a Qualified Contract or a
                Non-Qualified Contract. A Qualified Contract is purchased pursuant to a specialized provision of the Code. For example, a Contract may be purchased pursuant to Section 408 of the Code as an IRA.
Qualified Contracts are subject to certain restrictions,
                including restrictions on the amount of annual contributions, restrictions on how much you can earn and still be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased
                from earned income from the relevant year or years, or from a rollover or transfer from a qualified contract. An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own.
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Currently, we offer the following types of Qualified
                Contracts.
Type of Contract
Persons and Entities that can buy the Contract
IRA
Must have the same individual as Owner and Annuitant.
Roth IRA
Must have the same individual as Owner and Annuitant.
Simplified Employee Pension (SEP) IRA
Must have the same individual as Owner and Annuitant.
Certain Code Section 401 Plans
A qualified retirement plan is the Owner and the Annuitant must be an individual.
We may determine which types of qualified retirement plans are eligible to purchase this Contract.
Inherited IRA and Inherited Roth IRA
Must have the same individual as Owner and Annuitant. The deceased owner of the previously held tax-qualified arrangement will also be listed
                        in the titling of the Contract.
If you purchase a Qualified Contract, you already receive the
                benefit of tax deferral through the qualified plan, and so you should purchase this Contract for purposes other than tax deferral.
You can instead purchase a Non-Qualified Contract, which is
                not qualified pursuant to a specialized provision of the Code. There are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.
Taxation of Annuity Contracts
The Contract has the following tax characteristics.
•
Taxes
                        on earnings are deferred until you take money out. Non-Qualified Contracts owned by corporations or partnerships do not receive income tax deferral on earnings.
•
When
                        you take money out of a Non-Qualified Contract, earnings are generally subject to federal income tax and applicable state income tax. All pre-tax money distributed from Qualified Contracts are subject to federal and state income
                        tax, but qualified distributions from Roth IRA Contracts are not subject to federal income tax. This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser.
•
Taxable
                        distributions are subject to an ordinary income tax rate, rather than a capital gains rate.
•
Distributions
                        from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g.
                        earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married filing jointly and $125,000 for married filing separately.) Please consult a tax advisor for more information.
•
If
                        you take partial withdrawals from your Non-Qualified Contract, the withdrawals are generally taxed as though you were paid taxable earnings first, and then as a non-taxable return of Purchase Payments.
•
If
                        you annuitize your Non-Qualified Contract and receive a stream of Annuity Payments, you receive the benefit of the exclusion ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be
                        non-taxable, based upon the percentage of your Contract Value that is from Purchase Payments. Purchase Payments are treated as a non-taxable return of principal, whereas earnings are taxable.
•
If
                        you take partial withdrawals or annuitize a Qualified Contract, you will be responsible for determining what portion, if any, of the distribution consists of after-tax money.
•
If
                        you take out earnings before age 59
1
⁄
2
, you may be subject to a 10% additional
                        federal tax, unless you take a lifetime annuitization of your Contract or you take money out in a stream of substantially equal payments over your expected life in accordance with the requirements of the Code.
•
A
                        pledge, assignment, or ownership change of a Contract may be treated as a taxable event. You should discuss any pledge, assignment, or ownership change of a Contract with your tax adviser.
•
If
                        you purchase multiple non-qualified deferred annuity contracts from an affiliated group of companies in one calendar year, these contracts are treated as one contract for purposes of determining the tax consequences of any
                        distribution.
•
Death
                        benefit proceeds from Non-Qualified Contracts are taxable to the beneficiary as ordinary income to the extent of any earnings. Death benefit proceeds must be paid out in accordance with the requirements of the Code.
•
Depending upon the type of Qualified Contract you own, required minimum distributions (RMDs) must be satisfied when you reach a certain age. If you enroll in our minimum distribution program, we
                        make RMD payments to you that are designed to meet this Contract's RMD requirements.
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Tax-Free Section 1035 Exchanges
Subject to certain restrictions, you can make a "tax-free"
                exchange under Section 1035 of the Code for all or a portion of one non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. Before making an exchange, you should compare both
                contracts carefully. Remember that if you exchange a life insurance policy or annuity contract for the Contract described in this prospectus:
•
you
                        might have to pay a withdrawal charge on your previous contract,
•
there
                        is a new withdrawal charge period for this Contract,
•
other
                        charges under this Contract may be higher (or lower),
•
the
                        benefits may be different, and
•
you no longer have access to any benefits from your previous contract.
If the exchange does not qualify for Section 1035 treatment,
                you also may have to pay federal income tax, including a possible additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the
                exchange is in your best interest and not just better for the person selling you the Contract who generally earns a commission on each sale. You should consult a tax adviser to discuss the potential tax effects before making a 1035
                exchange.
11.
Other

                  Information
The Registered Separate Account
We established Allianz Life of NY Variable Account C (the
                Separate Account, formerly Preferred Life Variable Account C), as a separate account under New York State insurance law on February 26, 1988. The Separate Account is registered with the SEC as a unit investment trust under the Investment
                Company Act of 1940. The SEC does not supervise our management of the Separate Account.
The Separate Account holds the Variable Options' shares that
                have been purchased with Contract assets. We keep the Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection with the
                Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in a single Variable Option.
We own the assets of the Separate Account. We credit gains to
                or charge losses against the Separate Account, whether or not realized, without regard to the performance of other investment accounts. The Separate Account's assets are insulated, so that the assets cannot be used to pay any of our
                liabilities, other than those arising from the investment of Contract assets in the Variable Options.
If the Separate Account's assets exceed the required reserves
                and other liabilities, we may transfer the excess to our general account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life of New York.
Our General Account
Our general account holds all our assets other than assets in
                our separate accounts. We own our general account assets, and, subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may
                lose value. We have not registered our general account as an investment company under the Investment Company Act of 1940.
Our general account assets fund guarantees provided in the
                Contracts. Contract Value that you apply to Annuity Payments becomes part of our general account.
Our Unregistered Separate Account
We allocate all assets backing the Index Options to an
                unregistered, non-unitized, non-insulated separate account (Separate Account IANY), which we established under New York Insurance Law solely for the purpose of supporting our obligations to pay Performance Credits associated with the Index
                Options. Separate Account IANY has two subaccounts: Subaccount IABV (which is a book value subaccount) and Subaccount IAMV (which is a market value subaccount).
Initially, a substantial majority of the aggregate assets
                backing the Index Options are allocated to Subaccount IABV. We hold all other assets that you allocate to the Index Options that are not invested in Subaccount IABV in Subaccount IAMV. Subsequently, there may be significant transfer of
                assets between Subaccount IABV and Subaccount IAMV in response to
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Index performance during the then-current Index Year. We typically transfer
                assets between the subaccounts if there is a 10% incremental change in year-to-date Index performance. For the Index Performance Strategy this starts at a -10% decrease in the market; for the Index Protection NY Strategy, this starts at a
                -30% decrease in the market. We monitor year-to-date Index performance daily and change allocations daily if needed based on this 10% increment.
We invest the assets in Subaccount IAMV in hedging
                instruments, including derivative investments such as put and call options, as well as cash and fixed income securities. Like our general account, the assets in Separate Account IANY are subject to our general business operation liabilities
                and the claims of our creditors.
An Owner who allocates Contract Value to an Index Option does
                not have any interest in or claim on the assets in Separate Account IANY. In addition, neither the Owner nor the Index Options participate in any way in the performance of assets held in Separate Account IANY.
Distribution
Allianz Life Financial Services, LLC (ALFS), a wholly owned
                subsidiary of Allianz Life Insurance Company of North America, serves as principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416.
                ALFS is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority
                (FINRA). ALFS is not a member of Securities Investors Protection Corporation. More information about ALFS is available at www.finra.org or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public
                Disclosure Program.
We have entered into a distribution agreement with ALFS for
                the distribution of the Contracts. ALFS also may perform various administrative services on our behalf.
We may fund ALFS operating and other expenses, including:
•
overhead,
•
legal
                        fees,
•
accounting
                        fees,
•
Financial
                        Professional training,
•
compensation
                        for the ALFS management team, and
•
other expenses associated with the Contracts.
Financial Professionals and their managers may also be
                eligible for various benefits, such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel,
                lodging and meals in connection therewith), entertainment, awards, merchandise and other similar items.
ALFS does not itself sell the Contracts on a retail basis.
                Rather, ALFS enters into selling agreements with other broker-dealers registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum
                commission payable to the selling firms for Contract sales is expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a certain amount of the
                commission at the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.
We and/or ALFS may make bonus payments to certain selling
                firms based on aggregate sales of our variable insurance contracts (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any
                particular agreement governing the payments may vary among selling firms. In some instances, the amount paid may be significant.
A portion of the payments made to selling firms may be passed
                on to their Financial Professionals. Financial Professionals may receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection
                with your purchase of a Contract.
Commissions paid on the Contract, including other incentives
                or payments, are not charged directly to the Owners or the Separate Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.
Broker-dealers and their Financial Professionals and managers
                involved in sales of the Contracts may receive payments from us for administrative and other services that do not directly involve the sale of the Contracts, including payments
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made for recordkeeping, the recruitment and training of personnel, production
                of promotional literature and similar services. In addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with retail
                firms.
In certain instances, we and/or ALFS may make payments to a
                broker-dealer for inclusion of this Contract in its list of products that it offers for sale.
We and/or ALFS may pay certain selling firms additional
                marketing support allowances for:
•
marketing
                        services and increased access to their Financial Professionals;
•
sales
                        promotions relating to the Contracts;
•
costs
                        associated with sales conferences and educational seminars;
•
the
                        cost of client meetings and presentations; and
•
other sales expenses incurred by them.
We retain substantial discretion in determining whether to
                grant a marketing support payment to a particular broker-dealer firm and the amount of any such payment.
We may also make payments for marketing and wholesaling
                support to broker-dealer affiliates of Variable Options that are available through the variable annuities we offer.
Additional information regarding marketing support payments
                can be found in the Distributor section of the Statement of Additional Information.
The Variable Options may assess a Rule 12b-1 fee. These fees
                are paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the Variable Option's plan. These fees typically equal 0.25% of a Variable Option's average daily net
                assets.
In certain instances, an investment adviser and/or subadviser
                (and/or their affiliates) of a Variable Option may make payments for administrative services to ALFS or its affiliates.
We offer the Contracts to the public on a continuous basis.
                We anticipate continuing to offer the Contracts but reserve the right to discontinue the offering.
Additional Credits for Certain Groups
We may credit additional amounts to a Contract instead of
                modifying charges because of special circumstances that result in lower sales or administrative expenses or better than expected mortality or persistency experience.
Administration/Allianz Service Center
The Allianz Service Center performs certain administrative
                services regarding the Contracts and is located at 5701 Golden Hills Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer
                services performed by our Service Center include processing and mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life Insurance Company of North America (as service
                provider for the Contracts) also contracts with Tata Consultancy Services (Tata) located at #42(P) & 45(P), Think Campus, Electronic City, Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services
                including:
•
issuance
                        and maintenance of the Contracts,
•
maintenance
                        of Owner records, and
•
routine customer service including:
–
processing
                        of Contract changes,
–
processing
                        withdrawal requests (both partial and total), and
–
processing requests for fixed annuity payments.
Services performed by Tata are overseen and quality control
                checked by our Service Center.
To reduce expenses, only one copy of most financial reports
                and prospectuses, including reports and prospectuses for the Variable Options, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service
                Center at the toll-free telephone number listed at the back of this
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prospectus if you need additional copies of financial reports, prospectuses,
                or annual and semiannual reports, or if you would like to receive one copy for each contract in future mailings.
Legal Proceedings
Like other life insurance companies, we from time to time are
                involved in legal proceedings of various kinds, including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material settlement
                payments have been made. Although the outcome of any such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account, or ALFS
                is a party that are reasonably likely to materially affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.
Status Pursuant to Securities Exchange Act of 1934
Allianz Life of New York hereby relies on the exemption
                provided by Rule 12h-7 under the Securities Exchange Act of 1934 from the requirement to file reports pursuant to Section 15(d) of that Act.
12.
Information

                  on Allianz Life of New York
Allianz Life of New York is a stock life insurance company
                organized under the laws of the State of New York on September 21, 1982. Our address is 1633 Broadway, 42nd Floor, New York, NY 10019-7585. Before January 1, 2003, Allianz Life of New York was known as Preferred Life Insurance Company of
                New York. We are a subsidiary of Allianz Life Insurance Company of North America (Allianz Life), which is also a stock life insurance company. Allianz Life is a subsidiary of Allianz of America, Inc. (AZOA), a financial holding company.
                AZOA is a wholly owned subsidiary of Allianz Europe, B.V., which in turn is a wholly owned subsidiary of Allianz SE, which is registered in Munich, Germany. We currently offer variable annuities and registered index-linked annuities and are
                licensed to do direct business in six states, including New York and the District of Columbia.
Directors, Executive Officers and Corporate Governance
BOARD OF DIRECTORS
The Board currently consists of nine members, including our
                Chair and Chief Executive Officer, our President, our Chief Financial Officer and Treasurer, our Vice President, Appointed Actuary, three independent outside board members, and two other non-independent board members. Age and positions are
                provided as of December 31, 2019, except as otherwise noted.
The Board holds regular semi-annual meetings, generally in
                April and November of each year, and holds special meetings or takes action by unanimous written consent as circumstances warrant. The Board has standing Executive, Audit and Evaluation, Conflict of Interest, and Finance Committees, each of
                which is described in further detail below. Two directors were absent from one Board meeting and one director was absent from one committee meeting to which the director was assigned in 2019. In 2019, the Board acted two times by unanimous
                written action.
The current members of our Board are as follows.
Walter R. White
Chair, Director, and Chief Executive Officer
Walter R. White, age 63, joined Allianz Life in 2009, and
                currently serves as the Chair and Chief Executive Officer of Allianz Life of New York since January 1, 2012. Mr. White also serves as the President and Chief Executive Officer of Allianz Life and as a member of its Board of Directors since
                January 1, 2012. Mr. White also serves as the President of AZOA Services Corporation, and the Chair of its Shared Plans Management Committee. Mr. White also serves as a Governor of Allianz Individual Insurance Group, LLC, Allianz Investment
                Management LLC, and TruChoice Financial Group, LLC, respectively. In addition, Mr. White serves as a Director of AZOA Services Corporation, Questar Capital Corporation, and Questar Agency, Inc., respectively. Mr. White is responsible for
                leading and overseeing Allianz Life and Allianz Life of New York and providing strategic management and direction. Mr. White served as Chair, Chief Executive Officer and President of Allianz Life and Annuity Company from 2012 to 2017, and
                as a Director of Allianz Technology of America, Inc. from 2013 to 2015.
Mr. White brings to the Board extensive financial services
                and brokerage experience as well as key strategic planning and leadership skills developed as the Chief Executive Officer of Allianz Life of New York and the former President of Woodbury Financial.
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William E. Gaumond
Director, Chief Financial Officer and Treasurer
William E. Gaumond, age 46, serves as a member of the Board
                of Directors, and the Chief Financial Officer and Treasurer of Allianz Life of New York since January 1, 2016. Mr. Gaumond joined Allianz Life in 2004 and currently serves as the Senior Vice President, Chief Financial Officer and Treasurer,
                and as a member of the Board of Directors of Allianz Life. Mr. Gaumond also serves as the Chief Financial Officer and Treasurer of Allianz Foundation for North America, and as a Governor of TruChoice Financial Group, LLC and Allianz Life
                Financial Services, LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF Investments, Inc., Dresdner Kleinwort Pfandbriefe Investments II, Inc., and PFP Holdings, Inc.,
                respectively. Mr. Gaumond is also a Director of Questar Agency, Inc., Questar Asset Management, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., Allianz of America, Inc., Allianz Real Estate of America LLC, and Allianz
                Technology of America, Inc., respectively. He is also a Director and the Senior Vice President of AZOA Services Corporation. Mr. Gaumond also serves as a Director and the Chief Financial Officer and Treasurer of Allianz Finance Corporation.
                Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas. Prior to his current roles, Mr. Gaumond spent 12 years in a
                number of finance and investment-related positions at Allianz Life and its affiliates in various executive capacities, including as the Senior Vice President, Asset Liability and Investment Risk Management of Allianz Life and as the Vice
                President, Head of Asset Liability and Investment Risk Management of Allianz Life of New York from 2013 to 2015, respectively.
Mr. Gaumond brings to the Board extensive financial services,
                investment, and insurance industry experience, including serving as Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.
Eric J. Thomes
Director and President
Eric J. Thomes, age 47, joined Allianz Life of New York on
                April 1, 2019, and currently serves as the President and as a Director. He also serves as the Senior Vice President, Chief Distribution Officer of Allianz Life. Mr. Thomes also serves as a Governor, and as the Chief Executive Officer and
                Chief Manager of Allianz Life Financial Services, LLC. Mr. Thomes also serves as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, respectively. He also serves as the Chair and as a Director of
                Yorktown Financial Companies, Inc., Questar Agency, Inc., Questar Asset Management, Inc., and Questar Capital Corporation, respectively. Mr. Thomes is responsible for the development, design and implementation of Allianz Life's and Allianz
                Life of New York's sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019. He also served as the President of Allianz Individual Insurance Group, LLC
                from 2005 to 2018.
Mr. Thomes brings to the Board extensive financial services
                and insurance industry experience.
Steven J. Thiel
Director and Vice President, Appointed Actuary
Steven J. Thiel, age 49, joined Allianz Life of New York's
                Board of Directors on November 13, 2012 and is also a member of its Finance Committee. He also serves as the Vice President, Appointed Actuary of Allianz Life of New York. Mr. Thiel also serves as the Vice President, Actuarial Reporting and
                Analysis of Allianz Life. He is also a Director, and the President and Chief Executive Officer of Allianz Annuity Company of Missouri and Allianz Life Insurance Company of Missouri, respectively. Mr. Thiel joined Allianz Life in 2008. Mr.
                Thiel also served as the Appointed Actuary of Allianz Life and Annuity Company from 2012 to 2019. Mr. Thiel leads a team responsible for accurate and timely reporting of the actuarial balances for Allianz Life and Allianz Life of New York.
                He is accountable for analyzing aspects of the Company's financial performance and delivering key projects that drive financial strength and stability.
Mr. Thiel brings to the Board extensive experience in
                actuarial and financial performance matters.
Ronald M. Clark
Director
Ronald M. Clark, age 72, joined Allianz Life of New York's
                Board of Directors on March 31, 2013, and is a member of its Audit and Evaluation Committee and its Finance Committee. Mr. Clark also serves on the Board of Directors of Allianz Life, is the Chair of its Nomination, Evaluation and
                Compensation Committee, and is a member of its Audit Committee and its Executive Committee. He also serves as a Director and Audit Committee member of Allianz Reinsurance America, Inc. Mr. Clark also serves as a Director of Manitex
                International, Inc., as the Chair of its Compensation Committee, and as a member of its Audit Committee. Mr. Clark has over 40 years of experience in investments, having served as the
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President of Allianz Investment Corporation from 1980 to 1990, the Chief
                Operating Officer of Allianz of America, Inc. ("AZOA") from 1990 to 2001, the Chief Investment Officer of AZOA from 2002 to 2011, and as a Director of Fireman's Fund Insurance Company from 2014 to 2015.
Mr. Clark brings to the Board extensive experience in the
                financial services and insurance industries, as well as extensive experience with investment matters.
Martha Clark Goss
Director
Martha Clark Goss, age 70, joined Allianz Life of New York's
                Board of Directors on October 15, 2005, and is the Chair of its Audit and Evaluation Committee, and a member of its Conflict of Interest Committee. Ms. Goss has more than 35 years of executive experience, primarily in finance and
                investments and risk management. Since 1992 she has served on a number of public and private company boards, has provided independent consulting services to various companies and serves as an instructor for executive leadership training for
                Deloitte LLP. Ms. Goss currently serves as a director of American Water Works Company, Inc. and Neuberger Berman Mutual Funds. Ms. Goss brings to the Board extensive experience in the financial services industry as well as expertise on
                corporate governance and risk management matters. The Board also benefits from her perspective as a current and former director of other companies.
Lorraine Lods
Director
Lorraine Lods, age 51, joined Allianz Life of New York's
                Board of Directors on October 1, 2018. Ms. Lods has over 25 years of insurance and financial service experience. Ms. Lods currently serves as Regional Vice President of Retirement Consultant for Allianz Life Financial Services, LLC covering
                the New York City-Long Island Territory since 2009. Ms. Lods brings to the Board extensive experience in the insurance industry as well as extensive experience in wholesaling.
Gary A. Smith
Director
Gary A. Smith, age 60, joined Allianz Life of New York's
                Board of Directors on May 10, 2005. Mr. Smith is Co-Founder and Senior Partner of Ivy Planning Group (Ivy), a 29-year-old management consulting and training company specializing in strategy, diversity, leadership and change management. Mr.
                Smith has over 29 years of experience in strategy, technology, management consulting and executive coaching to large private sector companies and government organizations. He has successfully developed and implemented strategies, led teams,
                and served the needs of a wide spectrum of clients, sharing best practices in management consulting in multiple venues. Mr. Smith brings to the Board extensive experience in management consulting and diversity initiatives.
Kevin E. Walker
Director
Kevin E. Walker, age 57, joined Allianz Life of New York's
                Board of Directors on October 1, 2018, and is also a member of its Audit and Evaluation Committee and its Executive Committee. Mr. Walker also serves on Allianz Life's Board of Directors as of May 23, 2017, and is a member of its Audit
                Committee and its Nomination, Evaluation and Compensation Committee. Mr. Walker serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee since January 1, 2017. Mr. Walker has over 30
                years of insurance and financial services experience. Mr. Walker served at various Allianz affiliates throughout his career, most recently as the President and Chief Executive Officer of Allianz Reinsurance America, Inc. from 2015 to 2016.
                Prior to that, he was the Senior Vice President and Chief Financial Officer of Fireman's Fund Insurance Company from 2011 to 2015, and the Senior Vice President of Group Planning and Controlling of Allianz SE from 2006 to 2010. He also
                served as the Senior Vice President and Chief Financial Officer, Retirement and Protection Division of Genworth Financial from 2010 to 2011. Mr. Walker also was employed by Allianz Life from 1995 to 2006 as the Vice President, Treasurer and
                Senior Investment Officer, following which he then served as the Senior Vice President and Senior Financial Officer for all product lines. Mr. Walker has also served as a director and officer for several other Allianz affiliates.
Mr. Walker brings to the Board extensive experience in the
                insurance industry, as well as extensive experience in finance and operations.
EXECUTIVE OFFICERS
The current executive officers (other than Messrs. White,
                Gaumond, Thiel and Thomes) are as follows. Age and positions are provided as of December 31, 2019, except as otherwise noted.
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Gretchen Cepek
Chief Legal Officer and Secretary
Gretchen Cepek, age 51, joined Allianz Life of New York on
                February 17, 2012 and currently serves as the Chief Legal Officer and Secretary. In this role, Ms. Cepek is responsible for the legal, ethics and compliance departments as well as government relations and the special investigations unit.
                She also serves as the Senior Vice President, General Counsel and Secretary of Allianz Life and the General Counsel and Secretary of AZOA Services Corporation. Previously, Ms. Cepek served as the Secretary for Allianz Life and Annuity
                Company from 2012 to 2017, and the Vice President of Legal Business Operations, Distribution and Product Development of Allianz Life from 2009 to 2012. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.
Catherine A. Mahone
Chief Administrative Officer
Catherine A. Mahone, age 55, joined Allianz Life of New York
                on April 9, 2013 and currently serves as the Chief Administrative Officer. Ms. Mahone also serves as the Senior Vice President, Chief Administrative Officer of Allianz Life, and a Governor of Allianz Life Financial Services, LLC. Ms. Mahone
                is responsible for the oversight of enterprise operations, information technology, and other strategic business initiatives. Previously, Ms. Mahone served as the Senior Vice President, Enterprise Operations of Allianz Life from 2008 to
                2012, and a Director of Allianz Technology of America, Inc. from 2013 to 2015.
Neil H. McKay
Chief Actuary
Neil H. McKay, age 58, joined Allianz Life of New York in
                1999 and currently serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay also serves as the Senior Vice President, Chief Actuary of Allianz Life. Previously, Mr. McKay also served as a Director and the Chief
                Actuary of Allianz Life and Annuity Company from 2007 to 2017. Mr. McKay is responsible for all of the actuarial functions of Allianz Life of New York and Allianz Life, including the actuarial assumptions underlying its products and the
                rate setting associated with existing and new products.
Todd M. Hedtke
Chief Investment Officer
Todd M. Hedtke, age 47, joined Allianz Life of New York in
                2012 and currently serves as the Chief Investment Officer since August 21, 2015. He also currently serves as the Senior Vice President, the Chief Investment Officer of Allianz Life, the Chief Executive Officer of Allianz Investment
                Management LLC, and the Chief Investment Officer of Allianz Annuity Company of Missouri and Allianz Life Insurance Company of Missouri, respectively. Mr. Hedtke is President of Allianz Finance Corporation, and Vice President and Treasurer
                of Allianz Fund Investments Inc., AZL PF Investments Inc., and Dresdner Kleinwort Pfandbriefe Investments II Inc., respectively. Mr. Hedtke is also a Director of Allianz Fund Investments Inc., AZL PF Investments, Inc., Dresdner Kleinwort
                Pfandbriefe Investments II, Inc., and Allianz Finance Corporation, respectively. He also serves as a Governor of Allianz Investment Management LLC, and as the Chair of the Benefit Plans Investment Committee for AZOA Services Corporation.
                Mr. Hedtke leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. He is also a member of the global Allianz Investment Management Board, which serves the Allianz Group of insurance companies.
                Prior to his current role, Mr. Hedtke spent 15 years in a number of investment-related positions at Allianz Life and its affiliates, including his prior role as the Vice President, Investment Management of Allianz Life from 2010 to 2015,
                the Vice President of Investments of Allianz Life of New York from 2012 to 2015, the Treasurer of Allianz Fund Investments, Inc. in 2015, and a Director and the Chief Investment Officer of Allianz Life and Annuity Company from 2015 to 2017.
CORPORATE GOVERNANCE
Committees of the Board
The Executive Committee of the Board ("Executive Committee")
                is currently composed of Messrs. White (Chair), Gaumond and Walker (who replaced Mr. Herbert as a member as of April 10, 2019).. The function of the Executive Committee is to exercise the authority of the Board between meetings of the
                Board, with the exceptions set forth in Allianz Life of New York's By-Laws. The Executive Committee did not meet in 2019.
The Audit and Evaluation Committee of the Board is currently
                composed of Ms. Goss (Chair), who replaced Mr. Herbert as the Chair as of April 10, 2019, and Messrs. Clark and Walker (who replaced Mr. Herbert as a member as of April 10, 2019). The Audit and Evaluation Committee is responsible for
                recommending the selection of independent certified public
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accountants, reviewing Allianz Life of New York's financial condition and the
                scope and results of the independent audit and any internal audit, nominating candidates for director, evaluating the performance of principal officers deemed by the Audit and Evaluation Committee to be principal officers of Allianz Life of
                New York and recommending to the Board of Directors the selection and compensation of such principal officers and any plan to issue options to its officers and employees for the purchase of shares of stock. The Audit and Evaluation
                Committee met two times in 2019, and acted once by written action.
The Conflict of Interest Committee of the Board is currently
                composed of Mr. White (Chair), Ms. Cepek, and Ms. Goss (who replaced Mr. Herbert as a member as of April 10, 2019). The Conflict of Interest Committee assists Allianz Life of New York in addressing ethics and conflict of interest matters.
                The Conflict of Interest Committee met once in 2019.
The Finance Committee of the Board is currently composed of
                Messrs. Gaumond (Chair), Clark and Thiel. The Finance Committee is responsible for exercising all the powers of the Board of Directors with respect to the investments of the funds of Allianz Life of New York. The Finance Committee met two
                times in 2019, and acted three times by written action.
Independence of Certain Directors
Allianz Life of New York is not subject to the independence
                standards of the New York Stock Exchange or any other national securities exchange, but is subject to the independence standards set out in New York Insurance laws and the Model Audit Rule. Applying the independence standards of the Model
                Audit Rule to the current members of Allianz Life of New York's Board of Directors, as well as the members that served on Allianz Life of New York's Audit and Evaluation Committee during 2019, the Board of Directors has determined that (1)
                Ms. Goss and Messrs. Clark and Walker are "independent" under those standards, and (2) Mr. Herbert was "independent" under those standards through his retirement date of April 10, 2019.
Code of Ethics
All of our officers and employees, including our Chief
                Executive Officer, President, Chief Financial Officer and Controller, are subject to Allianz Life of New York's Code of Ethics.
Executive Compensation
Compensation Discussion
                  and Analysis
In this section, we provide an overview of the goals and
                principal components of our executive compensation program and describe how we determine the compensation of our "Named Executive Officers" or "NEOs." Allianz Life of New York is a subsidiary of Allianz Life. Each of our NEOs is employed by
                both Allianz Life of New York and Allianz Life. Our NEOs are compensated directly by Allianz Life. Allianz Life charges Allianz Life of New York an allocated percentage of each of our NEO's compensation. The allocated percentage of
                compensation charged to Allianz Life of New York for our NEO's during the year ended December 31, 2019 is set forth below and hereafter referred to as the "Allocation Percentages." For 2019, our NEOs were:
Name
(1)
Title
Allocation Percentages
Walter R. White
Chair and Chief Executive Officer
5.00%
William E. Gaumond
Chief Financial Officer and Treasurer
5.00%
(1)
Our
                        three most highly paid executive officers other than our principal executive officer and principal financial officer are not included as NEOs for 2019 because their total compensation allocable to Allianz Life of New York did not
                        exceed the $100,00 threshold established by SEC rules.
The details of each NEO's compensation may be found in the
                Summary Compensation Table and other compensation tables included in this Executive Compensation section.
Executive Summary
Our NEOs are also officers of Allianz Life, our parent
                company, and are not paid additional compensation for serving as executive officers of Allianz Life of New York. Instead, our NEOs are paid directly by Allianz Life with a certain portion of their Allianz Life compensation allocated to
                Allianz Life of New York, which allocation is reviewed and approved by our Audit and Evaluation Committee with respect to those NEO's that are also the NY Principal Officers. The "NY Principal Officers" are the Chief Executive Officer,
                President, Chief Legal Officer and Secretary, Chief Administrative
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Officer and Chief Financial Officer and Treasurer. Therefore, our parent
                company, Allianz Life, establishes our NEOs' compensation programs with our Audit and Evaluation Committee reviewing and approving the compensation allocations to Allianz Life of New York with respect to our NY Principal Officers. Allianz
                Life's compensation programs are intended to align our NEOs' interests with those of our ultimate stockholder, Allianz SE, the ultimate parent company of Allianz Life and Allianz Life of New York. Allianz Life's compensation programs are
                designed to reward performance that meets or exceeds the goals established by the Compensation Committee, a management committee of Allianz Life. Allianz Life is tasked with establishing the executive compensation philosophy. In line with
                Allianz Life's compensation philosophy described below, the total compensation received by our NEOs will vary based on individual and corporate performance in light of annual and long-term performance goals. Our NEOs' total compensation is
                composed of a mix of annual base salary, annual cash awards based on corporate objectives and executive performance factors and long-term equity incentive awards in the form of restricted stock units of the equity securities of Allianz SE.
Compensation
                  Philosophy and Strategy
Overview
The overriding goal of Allianz Life's executive compensation
                programs is to attract, retain and motivate top-performing executive officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to
                foster a pay-for-performance management culture by:
•
providing
                        total compensation opportunities that are competitive with the levels of total compensation available at the large diversified financial services companies with which Allianz Life most directly competes in the marketplace;
•
setting
                        performance metrics and objectives for variable compensation arrangements that reward executives for attaining both annual targets and medium-range and long-term business objectives, thereby providing individual executives with the
                        opportunity to earn above-average compensation by achieving above-average results;
•
establishing
                        equity-based arrangements that align executives' financial interests with those of Allianz SE by ensuring executives have a material financial stake in the equity value of Allianz SE and the business success of its affiliates; and
•
structuring compensation packages and outcomes to foster internal pay equity.
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Compensation Components
To support this pay-for-performance strategy, Allianz Life's
                total compensation program provides a mix of compensation components that bases the majority of each executive's compensation on their success and on an assessment of each executive's overall contribution to that success.
Compensation Element
Description
Objective
Base Salary
Fixed rate of pay that compensates employees for fulfilling their basic job responsibilities. For NEOs, increases are
                        generally provided in the case of a significant increase in responsibilities or a significant discrepancy versus the market.
Attract and retain high-caliber leadership.
Annual Incentive Plan
Incentive compensation that promotes and rewards the achievement of annual performance objectives through awards under the
                        Allianz Life Annual Incentive Plan ("AIP").
• Link compensation to annual performance results.
• Attract and motivate high-caliber leadership.
• Align the interests of NEOs and our stockholder.
Long-Term Incentives
Incentive compensation that promotes and rewards the achievement of long-term performance objectives through awards under
                        the Allianz Life Long-Term Performance Unit Plan ("ALTPUP").
Allianz Life's Chief Executive Officer, Walter R. White, was eligible to receive annual awards through the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP.
• Link compensation to annual and multi-year performance results.
• Motivate and retain high-caliber leadership with multi-year vesting.
• Align the interests of NEOs and our stockholder.
Performance-Based Equity Incentives
Incentive compensation through restricted stock unit awards made under the Allianz Equity Incentive Plan ("AEI") that
                        promotes and rewards the achievement of senior executive officers.
• Retain high-caliber leadership with multi-year vesting.
• Align the interests of NEOs and our stockholder.
Severance Arrangements
Severance payments to employees, including NEOs, under certain company-initiated termination events.
Compensate employees for situations where the employee's employment is involuntarily terminated in a qualifying termination of employment.
Perquisites-Benefits
Perquisites provided to our NEOs include employer matching contributions to the NEOs' accounts in the
                        401(k) plan and may also include the payment of life insurance premiums, relocation reimbursements, and reimbursements for financial planning, tax preparation services, and spousal travel expenses.
Provide market competitive total compensation package.
In addition, Allianz Life offers all employees, including our
                NEOs, broad-based benefits, including comprehensive medical, dental and vision insurance, group term life insurance and participation in a 401(k) plan.
How Compensation
                  Decisions Are Made
Role of the Board of Directors and Compensation Committee
The framework governing the executive compensation policies
                for Allianz Life, which directly compensates the executives of Allianz Life of New York, except as such policies relate to the compensation for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life.
                Decisions affecting the compensation of the Chief Executive Officer are outside the scope of the Allianz Life Compensation Committee. Any such decisions are made by Allianz SE, subject to review by the Nomination, Evaluation and
                Compensation Committee of the Allianz Life Board of Directors (the "NEC Committee"), and final approval by Allianz Life's Board of Directors. With respect to the compensation of other "principal officers" selected by the Board for purposes
                of the duties of the NEC Committee under Minn. Stat. § 60D.20, subd. 3(d), the Compensation Committee's decision are similarly subject to review by the NEC Committee and final approval by
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Allianz Life's Board. The "principal officers" include the Chief Executive
                Officer, Chief Financial Officer and General Counsel. Allianz Life's Board has delegated the following responsibilities to the Compensation Committee:
•
In
                        general, establish the compensation philosophy and strategy of Allianz Life and oversee the development and implementation of compensation, benefit and perquisite programs for corporate executives consistent with the principles of
                        ensuring that leadership is compensated effectively in a manner consistent with the stated compensation strategy, internal equity considerations, competitive practices, shareholder interests, and the requirements of any applicable
                        regulatory bodies in order to attract and retain high-quality leadership. This responsibility includes periodic review of Allianz Life's compensation programs to pursue certain goals, with the expectation that changes will be made
                        periodically to ensure these goals are attained.
•
Review
                        and approve the establishment of, or material modification to, any executive incentive compensation plans or programs for Allianz Life.
•
Review
                        and approve any special benefits or perquisites in effect for, or offered to, any prospective, current or former Allianz Life employee, regardless of the employee's level or assignment within Allianz Life. Such benefits and
                        perquisites are those that are unusual or different than the benefits offered to all similarly-situated employees.
•
Review
                        and approve any employment agreements proposed to be made with any prospective or current employee of Allianz Life.
•
Review
                        and approve any individual severance agreement with any Allianz Life officer. This does not include an arrangement where the employee receives severance or incentive payments under existing terms of a broadbased benefit or
                        compensation plan.
•
Oversee Allianz Life's compliance with regulations with respect to compensation matters and adopt and monitor adherence to global and local process requirements and timelines, including those
                        required under the Corporate Rules (as defined under the Allianz Life Standard for Corporate Rules) mandated by Allianz SE.
The Compensation Committee will at all times be composed of
                at least three members who are appointed by the full Board of Directors of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human
                Resources Officer. The Compensation Committee also utilizes internal personnel to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.
Following its review and decision, the Compensation Committee
                produces and submits a report on executive compensation to Allianz Life's Board of Directors at its request. With respect to the compensation of "principal officers" selected by Allianz Life's Board for purposes of the duties of the NEC
                Committee under Minnesota Statutes § 60D.20, subd. 3(d), the Compensation Committee produces and submits a report on executive compensation proposed for the designated "principal officers", to the NEC Committee for its review and
                recommendation to Allianz Life's Board for final approval.
Role of the Chief Executive Officer
Our Chief Executive Officer assists the Compensation
                Committee in its review of the total compensation of all the NEOs except himself. He provides the Compensation Committee with his assessment of their performances relative to the corporate and individual goals and other expectations set for
                them for the preceding year. He then provides his recommendations for each NEO's total compensation and the appropriate goals for each in the year to come. However, the Compensation Committee is not bound by his recommendations.
Role of Allianz Life's Human Resources
Allianz Life's Human Resources supports the Compensation
                Committee on executive compensation matters by being responsible for many of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz
                Life's Human Resources efforts include, among other things:
•
evaluating
                        the compensation data from industry groups, national executive pay surveys and other sources for the NEOs and other executive officers as appropriate;
•
gathering
                        and correlating performance ratings and reviews for individual executive officers, including the NEOs;
•
reviewing
                        executive compensation recommendations against appropriate market data and for internal consistency and equity; and
•
reporting to, and answering requests for information from, the Compensation Committee.
Allianz Life's Human Resources officers also coordinate and
                share information with their counterparts at Allianz SE.
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Use of Competitive
                  Compensation Data
Because Allianz Life competes most directly for executive
                talent with other large diversified financial services companies, Allianz Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides
                compensation opportunities that compare favorably with the levels of total compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz
                Life relies primarily on external market surveys of corporate compensation and benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken
                into account include the average revenues and number of employees of companies that participate in such surveys.
All these information sources are employed to measure and
                compare actual pay levels not only on an aggregate, total compensation basis but by breaking down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of
                fixed versus variable, short-term versus long-term and cash versus equity-based compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life's Human Resources, is submitted to the Compensation
                Committee for review and discussion.
Internal Pay Equity Analysis
Allianz Life's compensation programs are designed with the
                goal of providing compensation to our NEOs that is fair, reasonable, and competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed
                companies, as discussed above, but also with compensation paid to each of our other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.
Components of Total
                  Compensation For Our NEOs
Allianz Life provides total compensation to our NEOs that
                consists of several components. These components include the three components of the total compensation program (i.e., base salary, annual and multi-year incentives and equity) as well as: (i) retirement, health and other benefit programs;
                (ii) severance benefits; and (iii) perquisites.
Base Salary
Allianz Life's philosophy is to make base salary a relatively
                small portion of the overall compensation package for our NEOs, which Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO's tenure, the
                scope of the position's responsibilities and the NEO's own performance, all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries
                against the median for comparable salaries at surveyed companies, unless exceptional conditions require otherwise.
With respect to the base salary of our Chief Executive
                Officer, the Chair of the Board considered the Chief Executive Officer's experience, performance, and contribution to overall corporate performance when determining his base salary for 2019 for recommendation to the NEC Committee. Base
                salaries for our other NEOs for 2019 were also set by the Compensation Committee based upon each NEO's individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee
                reviews and, with respect to the base salaries of "principal officers" selected by Allianz Life's Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee
                review and recommendation to Allianz Life's Board for final approval.
AIP
Allianz Life offers annual cash bonuses to certain executive
                officers under the AIP. The AIP is designed to improve performance and profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole
                discretion of the Compensation Committee, and with respect to our CEO, the Chair of the Board, and are intended to:
•
reward
                        the performance of participants who have made significant contributions to the achievement of annual goals and objectives;
•
provide
                        an incentive that will encourage future superior individual performance; and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success of Allianz Life.
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Following the performance year, the Compensation Committee
                approved a specific amount of cash awards to be made pursuant to the AIP to executive officers, including our NEOs, for the 2019 performance year. The amount determined to be available for such awards was at the discretion of the
                Compensation Committee and was dependent upon many factors as outlined previously, including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the
                awards to the "principal officers" selected by Allianz Life's Board for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life's Board
                for final approval.
Long-Term Incentives
The purpose of the ALTPUP is to advance the interests of
                Allianz Life, including Allianz Life of New York, and our indirect stockholder. The ALTPUP seeks to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of
                employees of Allianz Life who contribute significantly to their company's long-term performance. Such incentive shall be in the form of Long-Term Performance Units ("ALTPUP Units"), which are contingent awards, subject to the terms,
                conditions and restrictions described in the ALTPUP and the Award Agreement under which such awards are made, by which participants in the ALTPUP may become entitled to receive cash on the payment date for redemption of the ALTPUP Units
                valued on the valuation date. The award of ALTPUP Units is discretionary and any payments from the ALTPUP are intended to:
•
reward
                        the performance of participants who have made significant contributions to the achievement of their company's annual goals and objectives,
•
provide
                        an incentive that will encourage future superior individual performance, and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success of their company.
The Compensation Committee (and, with respect to those NEOs
                that are "principal officers" for purposes of the NEC Committee's duties, the NEC Committee with final approval of Allianz Life's Board of Directors) reviewed the performance of our NEOs following the end of our 2019 fiscal year relative to
                the ALTPUP.
Targeted levels of bonus awards made pursuant to the ALTPUP
                for our NEOs were established by the Compensation Committee (or, in the case of those NEOs that are "principal officers" for purposes of the NEC Committee's duties, the NEC Committee with final approval of Allianz Life's Board) based on a
                number of factors related to the performance of Allianz Life and Allianz Life of New York, and the performance of the NEO. Maximum bonus awards made to our NEOs pursuant to the ALTPUP are set to two times the target amount for each NEO. See
                footnote (2) to the Summary Compensation Table for the specific amounts awarded to each NEO for the year ended December 31, 2019.
Our Chief Executive Officer receives cash awards pursuant to
                the terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. The Allianz SE Mid-Term Bonus Plan will provide a final award in respect of business performance in 2019. The minimum payout is zero and the maximum payout is 165% of
                the target amount. Target award amounts generally focus on performance of Allianz Life and Allianz Life of New York, including the growth and operating profit and achievement of goals set by Allianz Life. At the end of 2021, the 2019
                performance of Allianz Life will be assessed, along with relevant company comparisons. Proposed incentive awards are endorsed by the Allianz SE Board of Management and approved by the respective Compensation Committee and by the NEC
                Committee for final approval by Allianz Life's Board. The award in respect of 2019 performance will be the final award under the Mid-Term Bonus Plan.
AEI
The AEI is (a) one part of the variable compensation element
                for senior executives and provided under the Allianz Sustained Performance Plan ("ASPP") or (b) offered by Allianz Life to selected senior employees as an additional part of their variable compensation on a case by case basis. The AEI is
                granted in the form of restricted stock units of Allianz SE ("RSUs"). See the discussion regarding material terms of grants under the AEI under Performance – Based Incentive Compensation Plans, below.
Benefit Perquisites
Allianz Life provides our NEOs with certain limited
                perquisites. All of our employees, including our NEOs, may participate in the qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to
                $21,000 annually. In addition, Allianz Life and Allianz Life of New York provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements and
                reimbursements of spousal travel expenses to certain of our NEOs.
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The incremental costs of perquisites for the NEOs during 2019 are included in
                the column entitled "All Other Compensation" in the Summary Compensation Table included in this section.
Severance Arrangements
Allianz Life has entered into an Executive Severance
                Agreement with our Chair, Director, and Chief Executive Officer, Walter R. White, which is described in the "Allianz Life Executive Severance Agreement" discussion later in this section. We have not entered into any other specific severance
                agreements with any of our NEOs.
The remainder of our NEOs are eligible for severance payments
                under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the plan.
Other than the Executive Severance Plan, which is described
                later in this section, our NEOs (except for Walter R. White) are not eligible for severance payments. Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives and equity
                compensation. However, Allianz Life does not view these offer letters as employment agreements as each offer letter states that employment with Allianz Life is "at will."
Other Compensation
                  Policies
Tax and Accounting Implications
Stock-Based
                  Compensation
. Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting
                Standards Codification ("FASB ASC") Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that
                day and the nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period
                and the payout cap.
Summary Compensation
                  Table
The following table sets forth the compensation paid by
                Allianz Life for the year ended December 31, 2019 to our NEOs. The executive compensation information in this prospectus is shown for a one-year period, in accordance with Regulation S-K Item 402, Instruction 1 to Item 402(c) and Item
                402(a)(3).
Name and Principal
Position
(a)
Year
(b)
Salary
(c)
Stock
Awards
(e)
(1)
Non-Equity
Incentive Plan
Compensation
(g)
(2),(3)
All Other
Compensation
(i)
(4)
Total
(j)
Walter R. White
Chair and Chief Executive Officer
2019
$43,255
$54,069
$108,138
$1,313
$206,775
William E. Gaumond
Chief Financial Officer and Treasurer
2019
$22,761
$17,276
$30,933
$1,107
$72,077
(1)
Represents
                        the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs vest over a four-year period. The RSUs issued in 2020 for the 2019 performance year have a March 2024 exercise date. The grant price of the RSUs was the
                        arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the nine immediately preceding trading days, less the present
                        value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and the payout cap. These numbers show the amount realized
                        for financial reporting purposes as calculated in accordance with the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market price of the common stock of Allianz SE on the date
                        of grant, which is then recognized over the requisite service period of the award.
(2)
Includes the following payments and grants made pursuant to the AIP and the ALTPUP.
Name
Year
Payments made
pursuant to the
AIP
Grants made
pursuant to the
ALTPUP
Walter R. White
2019
$54,069
$54,069
William E. Gaumond
2019
$17,276
$13,657
(3)
Walter
                        R. White, as Chair and Chief Executive Officer, participates in the global Allianz SE Mid-Term Bonus Program rather than the ALTPUP.
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(4)
The
                        following table provides additional details regarding compensation found in the "All Other Compensation" column.
Name
Year
Spousal
Travel
(5)
Milestone/
Anniversary/
Recognition
(6)
Life Insurance
Premiums
Employer Match
to 401(k) Plan
ASAAP
Contribution
(7)
Total
Walter R. White
2019
$218
--
$46
$1,050
--
$1,313
William E. Gaumond
2019
--
$24
$33
$950
$100
$1,107
(5)
Represents
                        reimbursement or payments made to defray the costs of a spouse's travel.
(6)
Represents
                        Milestone Anniversary Program, which pays a bonus at three and five year anniversaries, and then every five years thereafter.
(7)
Represents company matching contribution to the Allianz Supplemental Asset Accumulation Plan for deferrals in excess of IRS compensation limit.
Performance-Based
                  Incentive Compensation Plans
AIP
The AIP is intended to provide an incentive that will
                encourage superior individual performance and encourage retention of employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to long-term success. The AIP seeks to accomplish this purpose
                by providing a bonus opportunity to eligible employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of
                competitive market bonuses for similar job levels in the marketplace. While the target awards may be used for illustrative, budget planning or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.
The Compensation Committee or other duly authorized committee
                determines allocation of bonus awards to employees. With respect to "principal officers" for purposes of the NEC Committee's duties, the NEC Committee recommends to Allianz Life's Board of Directors awards for final approval.
ALTPUP
In order to be eligible for ALTPUP awards, individuals must
                be nominated by the business unit and approved by the Compensation Committee and with respect to "principal officers" for purposes of the NEC Committee's duties, by the NEC Committee with final approval by the Board. Receipt of an ALTPUP
                award one year is not a guarantee that an ALTPUP award will be granted in subsequent years. The ALTPUP incentive is in the form of ALTPUP Units, which have a target value of $10. The threshold value is $5 and the maximum value is $20.
                ALTPUP award periods are three years, with one-third of the ALTPUP Units paying out each year over the three-year award period. The valuation date is December 31 at the end of each performance year, unless the Compensation Committee in its
                discretion selects an earlier date.
Allianz SE Mid-Term Bonus Plan
Our Chief Executive Officer receives cash awards pursuant to
                the terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. The Allianz SE Mid-Term Bonus Plan will provide a final award in respect of business performance in 2019. The minimum payout is zero and the maximum payout is 165% of
                the target amount. Target award amounts generally focus on company performance, including growth and operating profit and achievement of goals set by Allianz Life. At the end of 2021, the 2019 performance of Allianz Life will be assessed,
                along with relevant company comparisons. Proposed incentive awards are endorsed by the Allianz SE Board of Management and by the NEC Committee for final approval by the Board. The award in respect of 2019 performance will be the final award
                under the Mid-Term Bonus Plan.
AEI
The AEI is designed to recognize the participant's continuous
                employment with Allianz Life over the relevant period and shall be an incentive to continue in employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will
                be made only if the participant remains employed with Allianz Life during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or
                under certain other circumstances. The securities issuable under the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are
                subject to a four-year vesting period. At the end of the four-year period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility,
                or under certain other circumstances. Vesting and exercise may accelerate if
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a participant leaves employment under other "good leaver" circumstances set
                forth in the AEI. The grant at fair value cannot be greater than 165% of a participant's target amount. The maximum value of an exercise is an increase of 200% over the grant value (i.e., 300% of the grant value).
Grants of Plan-Based
                  Awards
The following table provides additional information about
                plan-based compensation disclosed in the Summary Compensation Table. This table includes both equity and non-equity awards granted for the year ended December 31, 2019, and charged to Allianz Life of New York based on the Allocation
                Percentage assigned to each NEO.
Name
(a)
Grant Date
(b)
Estimated Future Payouts Under Non-Equity Incentive Plan Awards
(1),(2)
Estimated Future Payouts Under Equity Incentive Plan Awards
(3),(4)
Threshold ($)
(c)
Target ($)
(d)
Maximum ($)
(e)
Threshold ($)
(f)
Target ($)
(g)
Maximum ($)
(h)
Walter R. White
3/6/2020
RSUs (under AEI)
$0
$43,255
$214,112
AIP Award
$0
$43,255
$71,371
Midterm Bonus Plan
$0
$43,255
$71,371
William E. Gaumond
3/6/2020
RSUs (under AEI)
$0
$13,657
$67,601
AIP Award
$0
$13,657
$27,314
ALTPUP Award
$0
$13,657
$27,314
(1)
The
                        target and maximum columns show the target award and maximum award for 2019 for each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2019 awards granted to the NEOs are listed in the
                        Non-Equity Incentive Compensation column of the Summary Compensation Table. AIP target and maximum awards are a pre-designated percentage of base salary determined at the executive's level.
(2)
The
                        target and maximum columns show the target award and maximum award for 2019 for each NEO under the ALTPUP. Under the ALTPUP, all awards are discretionary. To the extent that awards are made, the minimum amount of an award will equal
                        at least 50% of the target amount as determined by the Compensation Committee (or with respect to "principal officers" for purposes of the NEC Committee's duties, the NEC Committee with final approval of Allianz Life's Board). The
                        actual 2019 awards granted to the NEOs are listed in the Non-Equity Incentive Compensation column of the Summary Compensation Table. ALTPUP target and maximum awards are a pre-designated percentage of base salary determined at the
                        executive's level.
(3)
RSUs
                        have a vesting schedule as disclosed in the footnotes to the Summary Compensation Table. See "Outstanding Equity Awards at December 31, 2019" for disclosure regarding the number of RSUs that are unvested as of December 31, 2019.
(4)
The target and maximum columns show the target award and maximum award for 2019 for each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2019 awards
                        granted to the NEOs are listed in the Stock Awards column of the Summary Compensation Table.
Outstanding Equity
                  Awards at December 31, 2019
The following table sets forth the outstanding equity awards
                at the December 31, 2019 fiscal year-end. The table shows RSUs granted pursuant to the AEI, based on the Allocation Percentage assigned to each NEO.
Name
(a)
RSUs
Number of RSUs
That Have Not
Vested
(g)
(1),(2)
Market Value of
RSUs That Have
Not Vested
(h)
(3)
Walter R. White
504.850
$124,688
408.050
$100,780
351.500
$86,813
261.950
$64,696
William E. Gaumond
36.050
$8,904
72.600
$17,931
101.950
$25,180
76.900
$18,993
(1)
Represents
                        unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during 2019 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all
                        participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment
                        under other "good leaver" circumstances set forth in the AEI.
(2)
For each of the NEOs, the number of RSUs listed on the first line were exercised in 2020, the RSUs listed on the second line will exercise in 2021, the RSUs listed on the third line will exercise in
                        2022, and the RSUs listed on the fourth line will exercise in 2023.
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(3)
Based
                        on an assumed stock price of $246.98 per share, which was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on December 31, 2019 and the
                        nine immediately preceding trading days, converted from Euros into U.S. dollars.
Allianz SE Option
                  Exercises and Stock Grants Vested in 2019
The following table summarizes the value received from
                Allianz SE stock grants vested during the year ended December 31, 2019, and charged to Allianz Life of New York based on the Allocation Percentage assigned to each NEO.
Name
Stock Awards
Number of
Shares
Acquired
on Vesting (#)
Value Realized
on Vesting ($)
(1)
Walter R. White
318.200
$69,966
William E. Gaumond
33.950
$7,465
(1)
Represents
                        Allianz SE RSUs that were exercised during 2019 pursuant to the AEI. Amounts realized were paid in cash.
Allianz Life Executive
                  Severance Agreement
Allianz Life entered into an Executive Severance Agreement
                with its Chief Executive Officer, Walter R. White, with an expiration date of December 31, 2020. The severance arrangements for Mr. White as Chair and Chief Executive Officer of Allianz Life of New York are prescribed by the Executive
                Severance Agreement.
Pursuant to the Executive Severance Agreement, Mr. White is
                entitled to a lump sum cash payment upon separation of $86,510 based on the allocated percentage of compensation charged to Allianz Life of New York in the event he is terminated without "cause" as defined in the Executive Severance
                Agreement. In addition, pursuant to the Executive Severance Agreement, Mr. White is also bound by other restrictive covenants, including covenants relating to confidentiality and non-disparagement. Mr. White would also be entitled to
                continuation of medical and dental coverage at the employee premium rates for a period of 18 months following termination if Mr. White timely elects continuation and pays the required premiums.
The remainder of our NEOs are eligible for severance payments
                under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the applicable plan. The terms of this plan are set forth below.
Executive Severance
                  Plan
Executive officers who have the title of Senior Vice
                President or above and report directly to a senior executive officer at a specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise
                satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive officers whose employment is involuntarily terminated in a qualifying termination of employment in order
                to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a qualifying termination of employment will receive a lump sum cash payment equal to one and one-half
                times their "annual base pay" in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and excludes special payments, such as bonuses, expense reimbursements, living or other allowances.
                Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18 months following termination, if the executive officer timely elects continuation coverage and
                pays the required premiums.
The following table shows the portion of the lump sum
                payments that would have been allocated to Allianz Life of New York based on each NEO's Allocation Percentage and payable to each of our NEOs had they been terminated on December 31, 2019 and been eligible for severance payments pursuant to
                the Executive Severance Plan.
NEOs
Lump Sum Payment
Walter R. White
N/A
(1)
William E. Gaumond
$34,142
(1)
Mr.
                        White is not eligible to receive payments pursuant to the Executive Severance Plan. See "Allianz Life Executive Severance Agreement" for information regarding severance payments that Mr. White is eligible to receive upon termination
                        of service.
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Director Compensation
The following table provides information on compensation paid
                to the directors of Allianz Life of New York for the year ended December 31, 2019.
Name
(a)
Fees Earned or
Paid in Cash
($)
(1)
(b)
Total
($)
(h)
Walter R. White
(2)
Chair and Chief Executive Officer
N/A
N/A
William E. Gaumond
(2)
Chief Financial Officer and Treasurer
N/A
N/A
Eric J. Thomes
(3)
President
N/A
N/A
Steven J. Thiel
(2)
Vice President, Appointed Actuary
N/A
N/A
Lorraine Lods
(2)
Non-Independent Director
N/A
N/A
Ronald M. Clark
Independent Director
$20,000
$20,000
Martha Clark Goss
(4)
Independent Director
$25,000
$25,000
Stephen R. Herbert
(4)
Independent Director
$10,000
$10,000
Gary A. Smith
Non-Independent Director
$20,000
$20,000
Kevin E. Walker
(4)
Independent Director
$20,000
$20,000
(1)
Represents
                        cash compensation provided to our independent directors for the year ended December 31, 2019.
(2)
As
                        inside directors, Messrs. White, Gaumond, Thomes, Thiel, and Ms. Lods do not receive any compensation for their service as directors. The compensation Messrs. White and Gaumond received as executive officers of Allianz Life of New
                        York is disclosed in the Summary Compensation Table as set forth herein.
(3)
Thomas
                        Burns resigned his position as President on March 31, 2019, and was replaced April 1, 2019, by Mr. Thomes who also was elected to the Board as of that date. Mr. Burns received no compensation for his service as a director of Allianz
                        Life of New York.
(4)
Mr. Herbert resigned his position as Director on April 10, 2019. Mr. Herbert's Audit and Evaluation Committee Chair and Conflict of Interest Committee positions were replaced with Ms. Goss on April
                        10, 2019. Mr. Herbert's Executive Committee and Audit and Evaluation Committee positions were replaced with Mr. Walker on April 10, 2019.
Security Ownership of Certain Beneficial Owners and
                Management
We are an indirect wholly owned subsidiary of Allianz SE.
                Allianz SE's principal executive offices are located at Königinstrasse 28, 80802 Munich, Germany. As of March 31, 2020, the directors and executive officers of Allianz Life of New York held less than 1% of Allianz SE's ordinary shares
                issued and outstanding.
Transactions with Related Persons, Promoters and Certain
                Control Persons
We are a wholly owned subsidiary of Allianz Life, which is a
                wholly owned subsidiary of AZOA, which in turn is a wholly owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.
Transactions with affiliates may not be on an arm's-length
                basis and may present the potential for conflicts.
Business and Operational Risks Relevant to the Contract
As an insurance company, a number of risks may affect our
                business. However, because the Contract (and any other insurance contract that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business
                are unlikely to be relevant to you. The risks described below are only those business and operational risks that are likely to be relevant to you as a purchaser of the Contract.
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Risks Primarily
                  Related to Our Financial Strength and Claims-Paying Ability
We make Annuity Payments and apply Credits for this Contract
                from our general account. We also pay benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our
                financial strength and claims-paying ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.
Financial losses may threaten our financial strength and
                claims-paying ability.
As an Owner of the Contract, you do not share in the profits
                and losses generated by our business. However, if we were to experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events
                that may result in financial losses include, but are not necessarily limited to, the circumstances and events listed below. We cannot predict what specific impact that any of these circumstances or events may ultimately have on our
                financial strength or claims-paying ability.
•
Difficult
                        Economic Conditions.
Our financial condition is materially affected by conditions in the global capital markets and the economy generally. During an economic downturn, the demand for our financial
                          insurance products and services could be adversely affected. In addition, an economic downturn could cause the number and amount of surrenders and withdrawals under our insurance products to increase significantly, and owners of
                          our insurance products may choose to defer making purchase payments or paying insurance premiums or stop them altogether.
•
Unfavorable
                        Interest Rate Environments.
During periods of declining interest rates, we may experience financial losses as the spread between interest rates that we credit to customers under our insurance
                          products and returns on our investments tighten. During periods of increasing interest rates, we may experience financial losses due to increases in surrenders and withdrawals under our insurance products as our customers choose
                          to forgo insurance protection in favor of potentially higher returns. Although we take measures to manage economic risks associated with different interest rate environments, we may not be able to fully mitigate those risks.
•
Losses
                        on Fixed Maturity Investments.
Our fixed maturity investments are subject to interest rate risk and credit risk. Interest rate risk refers to how the values of our fixed maturity investments
                          fluctuate in response to changes in market interest rates. Increases and decreases in prevailing interest rates generally result in decreases and increases, respectively, in the values of our fixed maturity investments. Credit
                          risk refers to the risk that a counterparty will default on its commitments to us under a fixed maturity investment. See "Defaults by Counterparties" below.
•
Losses
                        on Equity Investments.
Our equity investments are generally valued based on quoted market prices and are subject to market risk. Market risk refers to how market prices for equity investments are
                          subject to fluctuation. A downward fluctuation in the market price for an equity investment could result in losses upon the sale of that investment. Fluctuations in market prices may result from, among other things, actual or
                          perceived changes in the attractiveness of specific investments or in general market conditions.
•
Losses
                        on Real Estate Investments.
A portion of our investment portfolio consists of mortgage loans and mortgage-backed securities related to commercial, agricultural and residential real estate. The value
                          of our real estate investments may be negatively impacted by general economic conditions in the real estate sector, including supply and demand, market volatility, and interest rate fluctuations, as well as the creditworthiness of
                          obligors.
•
Losses
                        upon the Sale of Illiquid Investments.
We hold certain investments that may lack liquidity, such as privately placed fixed maturity investments, mortgage loans, collateralized debt obligations,
                          commercial mortgage-backed securities, equity real estate and limited partnership interests. Although we seek to minimize the likelihood that we would need to sell illiquid investments, if we were required to liquidate these
                          investments on short notice, we may have difficulty doing so and may be forced to sell them for less than their fair value.
•
Loss of Market Share to Competitors.
There is strong competition among insurers, banks, brokerage firms and other financial institutions and providers seeking
                          clients for the types of products and services that we provide. A loss of market share to our competitors could result in financial losses to our business. Our ability to successfully compete is dependent on numerous factors, some
                          of which include the successful implementation of our business strategy, our financial strength, the attractiveness of our products and services, our relationships with distributors, and our reputation. Our ability to compete may
                          also be hindered if our competitors obtain or seek to enforce intellectual property rights against us, or if we are otherwise precluded from offering products or services that are in demand. Our ability to compete may also be
                          hindered if we are not able to protect or enforce our own intellectual property rights.
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•
Defaults
                        by Counterparties.
Third-parties that owe us money, securities, or other assets may not fulfill their obligations to us. These parties may include issuers of investments that we may hold, borrowers
                          under loans that we may hold or extend, counterparties under swap and other derivative contracts and other third-parties (e.g., customers, trading counterparties, brokers, dealers, banks, investment funds, clearing agents,
                          exchanges and clearing houses). In addition, with respect to secured transactions, the risk of default may be exacerbated when the collateral held by us cannot be liquidated or is liquidated at a price that is not sufficient to
                          cover the full amount owed to us. A party may default on its obligations for a variety of reasons, including bankruptcy, lack of liquidity, downturns in the economy or real estate market and operational failure. General economic
                          conditions and trends may also result in increased defaults.
•
Impairments
                        of Other Financial Institutions.
We routinely execute transactions with counterparties in the financial services industry, including brokers, dealers, commercial banks, investment banks, insurers,
                          reinsurers and other investment and financial institutions. A disruption to, or decline in the financial condition of, such financial institutions may expose us to financial losses.
•
Payments
                        through Guaranty Associations.
When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for
                          funds to pay obligations to policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated
                          to pay. Further, amounts for historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.
•
Ineffectiveness of Risk Management Policies.
Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully
                          effective at mitigating our risk exposure in all market environments or against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.
Changes in applicable law may negatively affect our financial
                strength and claims-paying ability.
We are subject to detailed and comprehensive regulation and
                supervision in New York by the New York Department of Financial Services ("NYDFS") in jurisdictions in which we operate. The NYDFS has broad administrative powers with respect to all aspects of the insurance business and, in particular,
                monitors the manner in which an insurance company offers, sells and administers its products. Therefore, we may from time to time be subject to a variety of legal and regulatory actions relating to our current and past business operations
                and practices. Our operations, products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities and self-regulatory authorities including
                state insurance departments, state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue Service, the Department of Labor, and the
                U.S. Commodity Futures Trading Commission.
Changes to federal and state laws and regulations may
                materially affect the way in which we conduct our business. We are faced with significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory
                authorities, have become increasingly active in the regulation of the businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive, roles in interpreting
                and enforcing laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of laws or regulations may
                have on our business, but such changes may negatively affect our financial strength and claims-paying ability.
The Securities and Exchange Commission has recently adopted
                new rules (i) imposing a "best interest" standard of care on broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a
                broker-dealer or investment adviser, as applicable, and its customer. These new rules become effective on June 30, 2020. It is unclear whether or to what extent these rules could affect broker-dealers' willingness to recommend our
                registered annuity products. These rules could increase our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased risk of regulatory enforcement actions or potentially
                private claims.
The New York State Department of Financial Services ("DFS"),
                the regulatory authority for the insurance industry in New York, has adopted revisions to its Insurance Regulation 187, a regulation that imposes suitability requirements on annuity recommendations by producers and insurers subject to New
                York law. Under the amendments to Regulation 187, recommendations of and related to annuity contracts will be subject to a best interest standard and other additional obligations. These revisions became effective for annuity recommendations
                on August 1, 2019.
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In order to comply with the revisions to Regulation 187, we
                may decide to change compensation for financial professionals or otherwise change the sales support for annuities. These changes could have an adverse impact on the level and type of services provided and compliance with Regulation 187
                could also increase our overall operational costs for providing some of the services currently provided. These changes may lead to greater exposure to legal claims in certain circumstances, including an increased risk of DFS-related
                actions.
Our reserves could be inadequate due to differences between our
                actual experience and management's estimates and assumptions.
We establish and carry reserves to pay future benefits and
                claims of policyholders. Our reserve are calculated based on a number of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates,
                persistency, claims experience, and policyholder elections (i.e., the exercise or non-exercise of policy benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the
                exercise of significant judgment and reflect evolving information. For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in policyholders
                living longer than anticipated. We periodically review the adequacy of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the
                timing of payment of, actual benefits and claims or whether the assets supporting the policy liabilities will grow to the level assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and
                assumptions, our claim costs could increase significantly and our reserves could be inadequate. If so, we will be required to increase reserves or accelerate amortization of deferred acquisition costs. However, we cannot be certain that our
                reserves will ultimately be sufficient to pay future benefits and claims of policyholders.
The amount of statutory capital that we must hold to meet our
                statutory capital requirements can vary significantly from time to time.
Statutory accounting standards and capital and reserve
                requirements are prescribed by NYDFS and the National Association of Insurance Commissioners. The NYDFS established regulations that govern reserving requirements and provide minimum capitalization requirements based on risk-based capital
                ("RBC") ratios for life insurance companies. In any particular year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory income or losses
                that we generate, changes in reserves, the amount of additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment portfolio,
                changes in interest rates, and changes to existing RBC formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or reserves
                that we must maintain. There can be no assurance that we will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are unable
                to maintain minimum capitalization requirements, our business may be subject to significant increases in supervision and control by the NYDFS.
Litigation and regulatory proceedings may negatively affect our
                financial strength and claims-paying ability.
We have been involved in various regulatory investigations
                and examinations, and we may be involved in more in the future. We may also be named as defendants in individual lawsuits in the future. These actions arise in various contexts, including in connection with our activities as an insurer,
                securities issuer, employer, investment adviser, investor and taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory
                authorities involved in regulatory proceedings have substantial power over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may
                negatively affect our financial strength and claims-paying ability.
Reinsurance may not be available or affordable, or may not be
                adequate to protect against harm to our financial strength and claims-paying ability.
As part of our overall risk management strategy, we purchase
                reinsurance for certain risks underwritten by our various business segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control
                can determine the availability and cost of the reinsurance protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss
                increases, so does the risk that we may not be able to meet our financial obligations.
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Our hedging programs may be inadequate to protect against harm
                to our financial strength and claims-paying ability.
Certain types of insurance and investment products that we
                offer expose us to risks associated with fluctuations in financial markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated
                policyholder behavior may increase the cost of these hedges and/or negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging
                programs may be inadequate to protect us against the full extent of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.
Downgrades and potential downgrades to our claims-paying and
                financial strength ratings may signal a higher risk that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.
Our claims-paying and financial strength ratings, which
                various ratings organizations publish as measures of an insurance company's ability to meet policyholder obligations, are important to maintaining public confidence in Allianz Life of New York and our products, and the ability to market our
                products and services. A downgrade or an announced potential downgrade in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial obligations. Any such downgrade or
                potential downgrade may itself harm our financial strength and claims-paying ability by causing financial losses to our business. Such losses may be the result of:
•
reductions
                        in new sales of insurance products, annuities and other investment products;
•
increases
                        in our cost of capital or limitations on our access to sources of capital;
•
harm
                        to our relationships with distributors and sales specialists;
•
material
                        increases in the number or amount of surrenders and withdrawals under our insurance products;
•
pressure
                        on us to reduce prices or increase crediting rates for many of our insurance products; and
•
harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance.
Similarly, downgrades or announced potential downgrades in
                the financial strength ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.
Risks Primarily
                  Related to Our Business Operations
Breaches of security, or interference with our technology
                infrastructure, could harm our business.
Our business relies on technology systems and networks,
                including systems and networks managed by third parties to process, transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to
                certain federal and state regulations that require us to establish and maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business
                operations, including the retention of clients, and to the protection of our clients' personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter
                and address such threats, including an increasing frequency of phishing scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur
                could have a material adverse impact on our business operations and our financial condition.
We have implemented and maintain security measures designed
                to protect against breaches of security and other interference with systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the
                provision of services to us, are provided with or process information pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile
                computing, may also require corresponding changes in our systems, networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on
                such systems and networks, both generally and in the financial services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and
                government and regulatory oversight of associated risks, continue to evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.
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Despite the measures we have taken and may in the future take
                to address and mitigate these risks, we cannot ensure that our systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or
                loss of our proprietary information or our clients' personal information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure,
                the loss of clients or other damage to our business. Any such event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward
                broad consumer and general public notification of such incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of
                sensitive data, we may incur significant expenses in responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security
                breaches are publicized. We cannot be certain that advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate
                access, or other developments will not compromise or breach the technology or other security measures protecting our networks and systems used in connection with our products and services.
The failure to protect our clients' confidential information
                and privacy could adversely affect our business.
A number of our businesses are subject to privacy regulations
                and confidentiality obligations, including the Gramm-Leach-Bliley Act and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients.
                These obligations generally include protecting such confidential information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business
                segment and may include, among other things:
•
training
                        and educating our employees regarding our obligations relating to confidential information;
•
monitoring
                        changes in state or federal privacy and compliance requirements;
•
drafting
                        appropriate contractual provisions into any contract that raises proprietary and confidentiality issues;
•
maintaining
                        secure storage facilities for tangible records;
•
limiting
                        access to electronic information; and
•
in the event of a security breach, providing credit monitoring or other services to affected customers.
In addition, we must develop, implement and maintain a
                comprehensive written information security program with appropriate administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential
                information, we could experience adverse consequences, including regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company's
                reputation and business results.
Protection from system interruptions and operating errors is
                important to our business. If we were to experience a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.
Operating errors and system or network interruptions could
                delay and disrupt our ability to develop, deliver or maintain our products and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may
                also interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or
                malfeasance, interference by third parties (including hackers and other cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and
                facilities may fail to operate or report data properly, experience connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process
                transactions or provide products and services to customers. The cause of these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of
                internal or vendor software or systems and other events beyond our control.
In addition, we rely on third party service providers and
                vendors for certain communications, technology and business functions and face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination
                or capacity constraints of any of the clearing agents, exchanges, clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and
                distribution activities. These risks are heightened by the evolution in the financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other
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risk management or investment or by financial management strategies. Any such
                failure, termination or constraint could adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.
The occurrence of natural or man-made disasters and
                catastrophes could adversely affect our business operations and our business results.
The occurrence of natural or man-made disasters and
                catastrophes, including acts of terrorism, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster
                recovery systems, or a support failure from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and
                retrieval systems or destroy data. Such disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such
                disasters and catastrophes may also impact us indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets.
Inadequate or failed processes or systems, human factors or
                external events may adversely affect our profitability, reputation or operational effectiveness.
Operational risk is inherent in our business and can manifest
                itself in various ways, including business interruption, poor vendor performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, and external fraud. These events can potentially result
                in financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
                characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions
                and incur losses from time to time due to these types or risks.
13.
Financial

                  Statements
The financial statements of the subaccounts of Allianz Life
                of NY Variable Account C as of and for the years or periods ended December 31, 2019 and 2018, included or incorporated by reference in Part C of the Registration Statement filed with the SEC on Form N-4 have been audited by
                PricewaterhouseCoopers LLP ("PwC"), an independent registered public accounting firm, as set forth in their respective report thereon appearing elsewhere herein, and in reliance upon such report given on the authority of such firm as
                experts in accounting and auditing.
The statutory statements of admitted assets, liabilities, and
                capital and surplus of Allianz Life Insurance Company of New York as of December 31, 2019 and 2018, as well as the related statutory statements of operations, capital and surplus and cash flow for the years ended December 31, 2019 and 2018,
                included in Appendix G of this prospectus, have been audited by PwC, an independent auditor, as set forth in their respective report thereon appearing elsewhere herein, and in reliance upon such report given on the authority of said firm as
                experts in accounting and auditing.
The statutory statements of operations, capital and surplus
                and cash flow for the year ended December 31, 2017 included in Appendix G of this prospectus, have been audited by KPMG LLP ("KPMG"), an independent auditor, as set forth in their respective report thereon appearing elsewhere herein, and in
                reliance upon such report given on the authority of said firm as experts in accounting and auditing.
Auditor Update
European regulations that go into effect in 2021 required
                Allianz SE, Allianz Life of NY's indirect parent, to change auditors. Allianz Life of NY conducted a "request for proposal" process with three major accounting firms for the annual independent audits of Allianz Life of NY and its registered
                variable account.
On October 24, 2017, Allianz Life of NY's Board of Directors
                approved a decision to change independent auditors. On the same day, the Board appointed PwC as Allianz Life of NY's new independent audit firm to audit Allianz Life of NY's statutory financial statements and as Allianz Life of NY's new
                independent registered public accounting firm to audit the variable account financial statements beginning for the fiscal year 2018.
After the issuance of the audits report for the period ended
                December 31, 2017, the Allianz Life of NY Board of Directors dismissed KPMG as its independent auditors for the statutory financial statements and as its independent registered public
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accounting firm for the U.S. GAAP variable account financial statements. The
                reports of KPMG on Allianz Life of NY's statutory financial statements for 2017 contained an opinion stating that in all material respects, the statutory financials were in accordance with statutory accounting practices prescribed or
                permitted by the New York State Department of Financial Services and were not qualified or modified as to uncertainty, audit scope or statutory accounting principles.
For the 2017 fiscal year or any subsequent interim periods
                through the dates of KPMG's 2017 reports on Allianz Life of NY's statutory financial statements, there were: (i) no disagreements between Allianz Life of NY and KPMG on any matter of accounting principles or practices, financial statement
                disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of KPMG, would have caused KPMG to make reference to the subject matter of the disagreements in connection with its reports, and (ii) no
                reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.
Allianz Life of NY provided KPMG with a copy of this
                disclosure, or similar disclosure, before its first filing with the SEC in 2018 and requested that KPMG provide us with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of this letter is filed
                as Exhibit 99 to Allianz Life of NY's registration statement numbers 333-217304, 333-213126 and 333-215104 on Form S-1.
Prior to engaging PwC's engagement, which began in 2019, we
                did not consult with PwC regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Allianz Life of NY's statutory and variable
                account financial statements, and PwC did not provide either a written report or oral advice to Allianz Life of NY that was an important factor considered by Allianz Life of NY in reaching a decision as to any accounting, auditing, or
                financial reporting issue, or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as defined in Item 304(a)(1)(v) of
                Regulation S-K).
14.
Privacy

                  Notice
Allianz Life Insurance Company of New York
Home Office: New York, NY
Administrative Office
5701 Golden Hills Drive
Minneapolis, MN 55416-1297
800.950.5872
https://www.allianzlife.com/new-york
Your privacy is a high priority for Allianz Life Insurance
                Company of New York (Allianz Life
®
of NY). This Privacy Notice outlines our principles for collecting, using and protecting information that we
                maintain about you. This Privacy Notice is also displayed on our website at www.allianzlife.com/new-york.
Information about you that Allianz Life of NY collects
We collect information about you so that we can process the
                insurance transactions you request and administer or service your policy. We also collect information to inform you of new products and services and to engage in studies or research relating to our business. We limit the information
                collected to what is needed for our business purposes. We may collect your information from the following sources.
•
From
                        you, either directly or through our financial professionals. This may include information provided on your insurance application or other forms you may complete. The information we collect includes, but is not limited to, your name,
                        social security number, address, telephone number and e-mail address.
•
From
                        others, through the process of issuing a policy or handling a claim. This may include information from consumer reporting agencies and medical or accident reports.
•
From
                        your doctor or during a home visit by a health care professional. This may include your health records gathered with your written consent.
•
From
                        your relationship with us. For example, this may include the number of years you have been a customer or the types of products you have purchased.
•
From data brokers that collect publicly available information about you. This includes household information, financial transactions, and social media activity.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
74
Table of Contents
Information about you that Allianz Life of NY shares
We do not share information about current or former customers
                with anyone, except as allowed by law. "Allowed by law" means that we may share the information we collect about you as follows.
•
With
                        people and entities when we have your consent to share your information.
•
With
                        our affiliates and other third parties in order to process your application, or administer or service your policy.
•
With
                        consumer reporting agencies to obtain a medical report, credit report, or motor vehicle report. These reports are used to decide eligibility for a policy or to process transactions you request.
•
With
                        our financial professionals so that they can service your policy. They may also inform you of other Allianz Life of NY products and services that may be of interest to you.
•
With
                        health care providers in order to process your claim.
•
As
                        required or otherwise permitted by law. This may include sharing information with state insurance agencies, law enforcement, and other government officials. We may also share your information to respond to subpoenas, court orders
                        and other legal requests.
•
With
                        research groups to conduct studies on our business to improve the products and services we offer.
•
To
                        inform you of products and services that may be of interest to you. These communications may be made by us, our financial professionals, or through third parties.
•
With our affiliates so they can market their products and services to you. State insurance laws do not allow you to restrict this disclosure.
Allianz Life of NY does not sell your information to anyone
We do not sell your information to anyone for their own
                marketing purposes. For this reason, we are not required to obtain your "opt in election," "opt out election" or authorization.
Allianz Life of NY policies and practices regarding security of
                your information
We limit access to your information to those employees,
                affiliates, and service providers who need it for our business purposes. We protect your information using safeguards that comply with applicable federal and state law. This includes measures that are administrative, physical, and technical
                in nature. We use reasonable measures to secure our websites and protect the information that may be shared over these sites.
Your ability to access and correct your information
You have the right to access and obtain a copy of your
                information. This does not include the right to access and copy your information related to a claim or civil or criminal proceeding. You may also write to us and ask about disclosure(s) of your information made within the last two (2)
                years. If you wish to review your information, please write us at:
Allianz Life Insurance Company of New York
Attn: Privacy Office
PO Box 1344
Minneapolis, MN 55440-1344
Please provide your full name, address and policy number(s)
                in your written request. For your protection, please have your request notarized. We reserve the right to ask for additional verification of your identity.
Within 30 working days of our receipt of your written
                request, you may see and get a copy of your information in person. If you prefer, we will send you a copy of your information. If medical information is contained in your file, we may request that you name a medical professional to whom we
                will send your information.
If you believe any of your information is incorrect, you may
                write to us at the address above. Within 30 working days, we will let you know if our review has resulted in a correction of your information. If we do not agree there is an error, you may file a statement disputing our finding. We will
                attach the statement to your file. We will send any corrections we make, or your statement, to anyone we shared your information with over the past two years, and to anyone who may receive your information from us in the future. We do not
                control the information about you obtained from a consumer reporting agency or a Department of Motor Vehicles. We will provide you with the names and addresses of these agencies so you can contact them directly.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
75
Table of Contents
Notification of change
Your trust is one of our most important assets. If we revise
                our privacy practices in the future, we will notify you prior to implementing any changes.
For more information or if you have questions
If you have any questions or concerns about our privacy
                practices, please call the Corporate Compliance Privacy Office at 800.328.5600, write us at the address above, or contact us via the secured website.
M40018-NY (R-09/2019)
15.
Table

                  of Contents of the Form N-4 SAI
Allianz Life as Custodian
3
Legal Opinions
3
Distributor
3
Administrative Service Fees
3
Federal Tax Status
4
Annuity Contracts in General
4
Taxation of Annuities in General
4
Qualified Contracts
4
Purchasing a Qualified Contract
6
Distributions-Qualified Contracts
6
Distributions-Non-Qualified Contracts
9
Required Distributions
9
Diversification
10
Owner Control
10
Contracts Owned by Non-Individuals
10
Annuity Purchases by Nonresident Aliens and Foreign Corporations
10
Income Tax Withholding
10
Multiple Contracts
11
Partial 1035 Exchanges
11
Assignments, Pledges and Gratuitous Transfers
11
Death Benefits
11
Spousal Continuation and the Federal Defense of Marriage Act (DOMA)
11
Federal Estate Taxes
12
Generation-Skipping Transfer Tax
12
Foreign Tax Credits
12
Possible Tax Law Changes
12
Annuity Payments
13
Annuity Payment Options
13
Appendix – Death of the Owner and/or Annuitant
14
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
76
Table of Contents
Appendix A – Available Indexes
S&P 500
®
Index
The S&P 500
®
Index is comprised of 500 stocks representing major U.S. industrial sectors.
S&P
®
is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"). This trademark has been licensed for use by S&P Dow
                Jones Indices LLC. S&P marks are trademarks of S&P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of New York ("Allianz Life
®
of NY"). The S&P 500
®
Index ("the Index") is
                a product of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Allianz Life of NY.
Allianz Life of NY products are not sponsored, endorsed,
                sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices make no representation or warranty, express or implied, to
                the owners of the Allianz Life of NY products or any member of the public regarding the advisability of investments generally or in Allianz Life of NY products particularly or the ability of the Index and Average to track general market
                performance. S&P Dow Jones Indices' only relationship to Allianz Life of NY with respect to the Index and Average is the licensing of the Index and Average and certain trademarks, service marks, and/or trade names of S&P Dow Jones
                Indices and/or its third-party licensors. The Index and Average are determined, composed, and calculated by S&P Dow Jones Indices without regard to Allianz Life of NY or the products. S&P Dow Jones Indices have no obligation to take
                the needs of Allianz Life of NY or the owners of the products into consideration in determining, composing, or calculating the Index and Average. S&P Dow Jones Indices are not responsible for and have not participated in the design,
                development, pricing, and operation of the products, including the calculation of any interest payments or any other values credited to the products. S&P Dow Jones Indices have no obligation or liability in connection with the
                administration, marketing, or trading of products. There is no assurance that investment products based on the Index and Average will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC
                and its subsidiaries are not investment advisors. Inclusion of a security or futures contract within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security or futures contract, nor is it considered
                to be investment advice. Notwithstanding the foregoing, CME Group Inc. and its affiliates may independently issue and/or sponsor financial products unrelated to products currently being issued by Allianz Life of NY, but which may be similar
                to and competitive with Allianz Life of NY products. In addition, CME Group Inc., an indirect minority owner of S&P Dow Jones Indices LLC, and its affiliates may trade financial products which are linked to the performance of the Index
                and Average. It is possible that this trading activity will affect the value of the products.
S&P DOW JONES INDICES DO NOT GUARANTEE THE ADEQUACY,
                ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE INDEX AND AVERAGE OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.
                S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES, OF
                MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ LIFE OF NY, OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX AND AVERAGE OR WITH RESPECT TO ANY DATA
                RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF
                PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR
                ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND ALLIANZ LIFE OF NY OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Russell 2000
®
Index
The Russell 2000
®
Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000
®
Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000
®
Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks
                do not affect the performance and characteristics of the true small-cap index.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix A
77
Table of Contents
The Russell 2000
®
Index (the "Index") is a trademark of Frank Russell Company ("Russell") and has been licensed for use by Allianz Life Insurance Company of New
                York ("Allianz Life
®
of NY"). Allianz Life of NY products are not in any way sponsored, endorsed, sold or promoted by Russell or the London
                Stock Exchange Group companies ("LSEG") (together the "Licensor Parties") and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be
                obtained from the use of the Index (upon which the Allianz Life of NY product is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index
                for the purpose to which it is being put in connection with the Allianz Life of NY product. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to Allianz
                Life of NY or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to
                advise any person of any error therein.
Nasdaq-100
®
Index
The NASDAQ-100 Index
®
includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market
®
based on market capitalization.
The Product(s) is not sponsored, endorsed, sold or promoted
                by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating
                to, the Product(s). The Corporations make no representation or warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s)
                particularly, or the ability of the Nasdaq-100 Index
®
to track general stock market performance. The Corporations' only relationship to Allianz
                Life Insurance Company of New York ("Licensee") is in the licensing of the NASDAQ
®
, and Nasdaq-100 Index
®
registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index
®
which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs
                of the Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index
®
. The
                Corporations are not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is
                to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).
THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR
                UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO
                RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX
®
OR ANY DATA
                INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS
                OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
EURO STOXX 50
®
The EURO STOXX 50
®
, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers
                50 stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
STOXX Limited, Deutsche Börse Group and their licensors,
                research partners or data providers have no relationship to Allianz Life Insurance Company of New York ("Allianz Life
®
of NY"), other than the
                licensing of the EURO STOXX 50
®
and the related trademarks for use in connection with Allianz Life of NY products.
STOXX, Deutsche Börse Group and their licensors, research
                partners or data providers do
not
:
•
sponsor,
                        endorse, sell or promote Allianz Life of NY products.
•
recommend
                        that any person invest in Allianz Life of NY products or any other securities.
•
have any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz Life of NY products.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix A
78
Table of Contents
•
have
                        any responsibility or liability for the administration, management or marketing of Allianz Life of NY products.
•
consider the needs of Allianz Life of NY products or the owners of Allianz Life of NY products in determining, composing or calculating the EURO STOXX 50 or have any obligation to do so.
STOXX, Deutsche Börse Group and their licensors, research
                partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Allianz Life of NY products or their performance.
STOXX does not assume any contractual relationship with the
                purchasers of Allianz Life of NY products or any other third parties.
Specifically,
•
STOXX,
                        Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about:
•
The
                        results to be obtained by Allianz Life of NY products, the owner of Allianz Life of NY products or any other person in connection with the use of the EURO STOXX 50 and the data included in the EURO STOXX 50;
•
The
                        accuracy, timeliness, and completeness of the EURO STOXX 50 and its data;
•
The
                        merchantability and the fitness for a particular purpose or use of the EURO STOXX 50 and its data;
•
The
                        performance of Allianz Life of NY products generally;
•
STOXX,
                        Deutsche Börse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX 50 or its data;
•
Under no circumstances will STOXX, Deutsche Börse Group or their licensors, research partners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect,
                        punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the EURO STOXX 50 or its data or generally in relation to Allianz Life of NY products, even in circumstances
                        where STOXX, Deutsche Börse Group or their licensors, research partners or data providers are aware that such loss or damage may occur.
The licensing Agreement between Allianz Life of NY and STOXX
                is solely for their benefit and not for the benefit of the owners of Allianz Life of NY products or any other third parties.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix A
79
Table of Contents
Appendix B – Daily Adjustment
Generally
We designed the Daily Adjustment to provide an Index Option
                Value on Business Days other than the Index Effective Date or an Index Anniversary. The Daily Adjustment approximates the Index Option Value that will be available on the next Index Anniversary. It is the estimated present value of the
                future Performance Credit that we will apply on the next Index Anniversary. The Daily Adjustment takes into account:
(i)
any
                        Index gains during the Index Year subject to the Cap,
(ii)
any
                        Index losses greater than the Buffer, and
(iii)
the number of days until the next Index Anniversary.
The Daily Adjustment formula has two primary components, (i)
                the change in Proxy Value and (ii) accumulated proxy interest, which are added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credits
                that will be available on the next Index Anniversary taking into account any applicable Cap or Buffer. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may be negative because of other
                market conditions, such as the expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the or Buffer.
Daily Adjustment Formula
The formula for the calculation of the Daily Adjustment is as
                follows:
Daily Adjustment = [(a) change in Proxy Value + (b) proxy
                interest] x Index Option Base
Where:
(a)
change
                        in Proxy Value = (current Proxy Value – beginning Proxy Value)
(b)
proxy
                        interest = beginning Proxy Value x (1 – time remaining during the Index Year)
Calculating Change in Proxy Value
The change in Proxy Value represents the current hypothetical
                value of the Proxy Investment (current Proxy Value), less the cost of the Proxy Investment at the beginning of the Index Year (beginning Proxy Value).
The current Proxy Value is the Proxy Value calculated on the
                same day as the Daily Adjustment. The beginning Proxy Value is the Proxy Value calculated on the first day of the current Index Year.
The Proxy Value tracks three hypothetical derivative
                investments (call and put options) that we designed to mimic the market value of your allocation to an Index Performance Strategy or an Index Protection NY Strategy Index Option. We calculate a Proxy Value for each of your selected Index
                Options.
The Proxy Value involves tracking three hypothetical
                derivatives and is calculated using the following formula:
Proxy Value = (at-the-money call) –
                (out-of-the-money call) – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the
                at-the-money call and out-of-the-money call to value the potential for Index gains up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the Buffer . It is important to note that the
                out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the last Index Anniversary. This is because the risk that the Index Value could be
                lower on the next Index Anniversary is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the last Index Anniversary.
Calculating Proxy Interest
The proxy interest is an amount of interest that is earned to
                provide compensation for the cost of the Proxy Investment at the beginning of the Index Year. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Index Year to zero. The formula for proxy
                interest involves the calculation of (i) the beginning Proxy Value and (ii) the time remaining during an Index Year. The time remaining during an Index Year is equal to the number of days remaining in the Index Year divided by 365. The
                proxy interest may be significantly different from current interest rates available on interest bearing investments.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix B
80
Table of Contents
Additional Information
You can find a more detailed explanation of the calculation
                of the Proxy Value, including examples, at Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of
                this Exhibit by calling (800) 624-0197, or visiting our website at www.allianzlife.com/new-york.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix B
81
Table of Contents
Appendix C – Historical Buffers and Initial and
                Renewal Caps
[Appendix C to be updated by amendment prior to effectiveness]
This information regarding the Buffers and initial and
                renewal Caps is for historical purposes only; it is not a representation as to future Buffers or Caps. Caps may change frequently, and may vary substantially based on market conditions.
Index Protection NY Strategy
The Index Protection NY Strategy first became available to newly issued Contracts on August 24, 2015. It is not available to Contracts issued before August 24,
                        2015, or that have a Contract number starting with GAZ.
Following are the highest and lowest initial and renewal Caps
                offered for Index Effective Date periods occurring within each calendar year during August 24, 2015 (the date the Index Protection NY Strategy was first available) through January 6, 2020. During the periods shown below, the Buffer was
                30.00% for each Index.
Index Effective Dates: 8/24/2015 – 1/4/2016
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
4.00%
5.75%
4.75%
7.00%
3.50%
6.00%
4.75%
6.50%
1st Anniversary Renewal Caps
4.75%
5.50%
5.25%
6.25%
4.50%
5.25%
5.25%
6.25%
2nd Anniversary Renewal Caps
4.00%
5.00%
4.25%
5.75%
4.00%
5.00%
5.75%
7.25%
3rd Anniversary Renewal Caps
5.25%
5.75%
5.25%
6.00%
5.50%
6.50%
8.75%
8.75%
4th Anniversary Renewal Caps
5.25%
6.00%
5.50%
6.25%
5.25%
6.25%
8.25%
9.25%
Index Effective Dates: 1/5/2016 – 1/2/2017
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
4.75%
6.00%
5.25%
6.75%
4.50%
5.50%
5.25%
6.75%
1st Anniversary Renewal Caps
4.00%
5.00%
4.25%
5.75%
4.00%
5.00%
5.25%
7.25%
2nd Anniversary Renewal Caps
4.50%
6.00%
5.25%
6.50%
5.00%
6.50%
7.00%
9.25%
3rd Anniversary Renewal Caps
5.25%
6.00%
5.50%
6.25%
5.25%
6.25%
8.25%
10.00%
Index Effective Dates: 1/3/2017 – 1/2/2018
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
4.25%
5.75%
5.00%
6.50%
4.25%
5.50%
5.25%
7.00%
1st Anniversary Renewal Caps
4.50%
6.25%
5.25%
6.50%
5.00%
6.75%
7.00%
10.00%
2nd Anniversary Renewal Caps
5.25%
6.75%
5.50%
6.75%
5.50%
7.00%
8.25%
10.25%
Index Effective Dates: 1/3/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
4.75%
7.50%
5.50%
7.75%
5.00%
8.00%
7.00%
15.75%
1st Anniversary Renewal Caps
5.25%
6.75%
5.50%
7.00%
5.50%
7.00%
8.50%
12.75%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
6.25%
8.50%
6.25%
8.25%
6.25%
9.00%
9.25%
17.75%
Index Performance Strategy
The Index Performance Strategy with the EURO STOXX 50
®
first
                        became available to newly issued Contracts on August 24, 2015. It is not available issued before August 24, 2015, or that have a Contract number starting with GAZ.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
82
Table of Contents
Following are the highest and lowest initial and renewal Caps
                offered for Index Effective Date periods occurring within each calendar year during July 1, 2014 (the date the Contracts were first issued), through January 6, 2020. During the periods shown below, the Buffer was 10.00% for each Index.
Index Effective Dates: 7/1/2014 – 1/5/2015
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
12.50%
13.50%
14.75%
15.75%
11.75%
13.00%
1st Anniversary Renewal Caps
10.50%
15.50%
13.50%
17.50%
9.75%
15.25%
2nd Anniversary Renewal Caps
10.75%
13.25%
13.75%
16.50%
10.75%
13.00%
3rd Anniversary Renewal Caps
9.25%
10.25%
12.00%
14.25%
10.00%
11.00%
4th Anniversary Renewal Caps
10.50%
12.00%
11.00%
13.00%
11.75%
14.25%
5th Anniversary Renewal Caps
10.50%
13.25%
12.25%
14.75%
11.50%
14.25%
Index Effective Dates: 1/6/2015 – 1/4/2016
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
1
10.50%
15.50%
13.25%
17.50%
9.75%
15.25%
13.50%
17.50%
1st Anniversary Renewal Caps
2
10.75%
15.50%
13.75%
18.50%
10.75%
15.00%
13.75%
16.50%
2nd Anniversary Renewal Caps
3
9.25%
12.00%
12.00%
16.50%
9.50%
12.00%
22.00%
25.00%
3rd Anniversary Renewal Caps
4
9.25%
13.75%
11.00%
14.50%
10.75%
15.50%
24.00%
25.00%
4th Anniversary Renewal Caps
5
10.50%
13.25%
12.00%
14.75%
11.50%
15.00%
25.00%
26.50%
1
The
                        initial Caps for the EURO STOXX 50
®
are for a partial period of August 24, 2015 through January 4, 2016.
2
The
                        1st Anniversary Renewal Caps for the EURO STOXX 50
®
are for a partial period of August 24, 2016 through January 4, 2017.
3
The
                        2nd Anniversary Renewal Caps for the EURO STOXX 50
®
are for a partial period of August 24, 2017 through January 4, 2018.
4
The
                        3rd Anniversary Renewal Caps for the EURO STOXX 50
®
are for a partial period of August 24, 2018 through January 4, 2019.
5
The
                        4th Anniversary Renewal Caps for the EURO STOXX 50
®
are for a partial period of August 24, 2019 through January 4, 2020.
Index Effective Dates: 1/5/2016 – 1/2/2017
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
10.75%
15.50%
13.75%
18.50%
10.75%
15.00%
13.75%
18.50%
1st Anniversary Renewal Caps
9.25%
12.00%
12.00%
16.50%
9.50%
12.00%
13.50%
25.00%
2nd Anniversary Renewal Caps
9.25%
13.75%
11.00%
14.50%
10.75%
15.50%
24.00%
28.00%
3rd Anniversary Renewal Caps
10.50%
13.25%
12.00%
14.75%
11.50%
15.00%
25.00%
28.00%
Index Effective Dates: 1/3/2017 – 1/2/2018
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
9.75%
14.50%
13.50%
18.50%
10.00%
14.00%
13.50%
25.50%
1st Anniversary Renewal Caps
9.25%
17.00%
12.00%
17.25%
10.75%
17.75%
24.00%
31.00%
2nd Anniversary Renewal Caps
10.75%
17.75%
12.00%
18.00%
11.50%
17.75%
25.50%
31.00%
Index Effective Dates: 1/3/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
11.50%
16.25%
14.25%
16.75%
12.00%
17.00%
24.00%
28.00%
1st Anniversary Renewal Caps
12.50%
16.00%
13.50%
17.75%
12.25%
16.50%
26.25%
28.00%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
14.25%
17.25%
15.00%
17.75%
14.25%
18.50%
26.50%
29.00%
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
83
Table of Contents
Appendix D – Historical Index Option Performance
                Information
The following historical information, based on historical
                Caps and Buffers, show how actual movements in the external Index Returns impacted actual Performance Credits. They show the lowest and highest actual annual Index Returns for each time period, and the corresponding Performance Credits
                received for these Index Returns. No single Crediting Method or Index Option consistently delivers the most return under all market conditions. Past performance does not guaranteed future results. This historical information shows the
                returns for Contracts with Index Effective Date periods occurring within the first year that each Crediting Method was available using the S& P 500
®
Index. You can obtain more historical information for other time periods and other Index Options by contacting your Financial Professional.
INDEX PROTECTION NY STRATEGY WITH THE S&P 500
®
INDEX
The Index Protection NY Strategy was not available before August 24, 2015. The Buffer was 30% for all time periods. It is not available to Contracts issued
                        before August 24, 2015 or that have a Contract number starting with GAZ.
Index Effective Date
8/24/2015-
8/28/2015
9/1/2015-
10/5/2015
10/6/2015-
11/2/2015
11/3/2015-
11/30/2015
12/1/2015-
1/4/2016
1/5/2016-
2/1/2016
2/2/2016-
2/29/2016
Initial Cap
4.25%
4.00%
5.50%
5.75%
5.50%
5.00%
5.25%
1st Index Year Index Return
9.63% to
16.32%
7.21% to
15.39%
-0.29% to
9.13%
-1.00% to
6.98%
4.21% to
12.82%
12.51% to
22.44%
19.69% to
27.29%
1st Index Anniversary Credit
4.25%
4.00%
0% to
5.50%
0% to
5.75%
4.21% to
5.50%
5.00%
5.25%
1st Anniversary Renewal Cap
5.50%
4.75%
4.75%
4.75%
4.75%
4.50%
4.50%
2nd Index Year Index Return
12.10% to
12.69%
12.76% to
18.17%
17.61% to
22.97%
17.47% to
24.26%
17.65% to
20.59%
20.67% to
25.11%
12.48% to
21.10%
2nd Index Anniversary Credit
5.50%
4.75%
4.75%
4.75%
4.75%
4.50%
4.50%
2nd Anniversary Renewal Cap
4.75%
4.50%
4.75%
4.00%
5.00%
4.75%
4.50%
3rd Index Year Index Return
17.86% to
18.57%
13.07% to
17.16%
2.33% to
13.35%
1.37% to
7.60%
-12.38% to
5.72%
-7.97% to
-4.09%
-1.35% to
4.92%
3rd Index Anniversary Credit
4.75%
4.50%
2.33% to
4.75%
1.37% to
4.00%
0% to
5.00%
0%
0% to
4.50%
3rd Anniversary Renewal Cap
5.25%
5.25%
5.25%
5.50%
5.75%
4th Index Year Index Return
-0.95% to
0.13%
-1.23% to
4.05%
0.30% to
15.08%
11.00% to
19.03%
10.85% to
37.13%
4th Index Anniversary Credit
0% to
0.13%
0% to
4.05%
0.30% to
5.25%
5.50%
5.75%
Index Effective Date
3/1/2016-
4/4/2016
4/5/2016-
5/2/2016
5/3/2016-
6/6/2016
6/7/2016-
7/4/2016
7/5/2016-
8/1/2016
8/2/2016-
9/5/2016
Initial Cap
6.00%
6.00%
5.50%
5.00%
5.50%
5.50%
1st Index Year Index Return
13.80% to
21.11%
11.30% to
15.36%
15.09% to
17.38%
14.85% to
20.94%
13.49% to
16.47%
10.91% to
14.86%
1st Index Anniversary Credit
6.00%
6.00%
5.50%
5.00%
5.50%
5.50%
1st Anniversary Renewal Cap
4.25%
4.25%
4.75%
4.75%
4.75%
4.75%
2nd Index Year Index Return
9.46% to
17.83%
10.23% to
15.65%
10.12% to
15.40%
11.29% to
14.51%
12.50% to
14.89%
14.11% to
18.57%
2nd Index Anniversary Credit
4.25%
4.25%
4.75%
4.75%
4.75%
4.75%
2nd Anniversary Renewal Cap
5.50%
5.50%
6.00%
5.50%
5.25%
5.25%
3rd Index Year Index Return
-0.12% to
11.05%
7.25% to
11.18%
-0.09% to
12.01%
3.72% to
10.42%
4.98% to
9.27%
-0.63% to
3.71%
3rd Index Anniversary Credit
0% to
5.50%
5.50%
0% to
6.00%
3.72% to
5.50%
4.98% to
5.25%
0% to
3.71%
Index Performance Strategy with the S&P 500
®
Index
The Buffer was 10% for all time periods.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix D
84
Table of Contents
Index Effective Date
7/1/2014-
8/4/2014
8/5/2014-
9/1/2014
9/2/2014-
10/6/2014
10/7/2014-
11/3/2014
11/4/2014-
12/1/2014
12/2/2014-
1/5/2015
1/6/2015-
2/2/2015
Initial Cap
13.00%
12.75%
12.75%
12.50%
13.50%
12.75%
11.75%
1st Index Year Index Return
3.98% to
8.98%
-6.52% to
9.35%
-5.10% to
0.97%
2.26% to
9.15%
-0.80% to
4.48%
-2.70% to
5.09%
-8.52% to
-0.62%
1st Index Anniversary Credit
3.98% to
8.98%
0% to
9.35%
0% to
0.97%
2.26% to
9.15%
0% to
4.48%
0% to
5.09%
0%
1st Anniversary Renewal Cap
10.50%
10.75%
10.50%
13.50%
15.50%
13.50%
12.50%
2nd Index Year Index Return
0.80% to
4.88%
3.65% to
16.32%
7.21% to
14.05%
-1.00% to
7.91%
-0.81% to
6.98%
5.40% to
12.81%
14.41% to
22.16%
2nd Index Anniversary Credit
0.80% to
4.88%
3.65% to
10.75%
7.21% to
10.50%
0% to
7.91%
0% to
6.98%
5.40% to
12.81%
12.50%
2nd Anniversary Renewal Cap
13.25%
13.00%
11.25%
10.75%
11.00%
11.25%
10.75%
3rd Index Year Index Return
13.49% to
15.60%
10.91% to
14.08%
12.75% to
17.98%
17.61% to
23.90%
17.47% to
24.26%
17.72% to
20.90%
20.67% to
25.34%
3rd Index Anniversary Credit
13.25%
10.91% to
13.00%
11.25%
10.75%
11.00%
11.25%
10.75%
3rd Anniversary Renewal Cap
10.25%
10.00%
9.25%
9.75%
9.50%
9.50%
9.75%
4th Index Year Index Return
11.70% to
15.09%
14.35% to
18.57%
13.14% to
17.53%
2.33% to
13.35%
1.96% to
8.62%
-12.38% to
5.72%
-7.97% to
-1.35%
4th Index Anniversary Credit
10.25%
10.00%
9.25%
2.33% to
9.75%
1.96% to
8.62%
-2.38% to
5.72%
0%
4th Anniversary Renewal Cap
10.75%
10.75%
10.50%
10.75%
10.50%
12.00%
5th Index Year Index Return
-0.20% to
10.42%
-0.95% to
3.70%
-1.23% to
4.18%
0.30% to
15.08%
9.64% to
17.66%
10.85% to
37.13%
5th Index Anniversary Credit
0% to
10.42%
0% to
3.70%
0% to
4.18%
0.30% to
10.75%
9.64% to
10.50%
10.85% to
12.00%
Index Effective Date
2/3/2015-
3/2/2015
3/3/2015-
4/6/2015
4/7/2015-
5/4/2015
5/5/2015-
6/1/2015
6/2/2015-
7/6/2015
Initial Cap
12.00%
11.75%
11.00%
11.00%
10.75%
1st Index Year Index Return
-11.58% to
-6.17%
-5.43% to
0.64%
-3.00% to
0.63%
-4.13% to
-0.59%
-4.84% to
1.92%
1st Index Anniversary Credit
-1.58% to
0.00%
0% to
0.64%
0% to
0.63%
0%
0% to
1.92%
1st Anniversary Renewal Cap
13.25%
15.50%
15.50%
13.75%
12.50%
2nd Index Year Index Return
19.69% to
27.29%
13.80% to
19.55%
11.82% to
16.50%
15.09% to
17.38%
14.76% to
21.92%
2nd Index Anniversary Credit
13.25%
13.80% to
15.50%
11.82% to
15.50%
13.75%
12.50%
2nd Anniversary Renewal Cap
10.25%
12.00%
12.00%
10.50%
10.25%
3rd Index Year Index Return
12.99% to
17.56%
9.46% to
17.83%
10.86% to
15.21%
11.36% to
14.75%
11.40% to
14.71%
3rd Index Anniversary Credit
10.25%
9.46% to
12.00%
10.86% to
12.00%
10.50%
10.25%
3rd Anniversary Renewal Cap
9.25%
12.00%
11.50%
13.75%
11.75%
4th Index Year Index Return
0.51% to
3.77%
-0.12% to
11.18%
7.17% to
11.14%
0.36% to
9.72%
-0.09% to
10.42%
4th Index Anniversary Credit
0.51% to
3.77%
0% to
11.18%
7.17% to
11.14%
0.36% to
9.72%
0% to
10.42%
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix D
85
Table of Contents
Index Effective Date
7/1/2014-
8/4/2014
8/5/2014-
9/1/2014
9/2/2014-
10/6/2014
10/7/2014-
11/3/2014
11/4/2014-
12/1/2014
12/2/2014-
1/5/2015
1/6/2015-
2/2/2015
Initial Cap
13.00%
12.75%
12.75%
12.50%
13.50%
12.75%
11.75%
1st Index Year Index Return
3.98% to
8.98%
-6.52% to
9.35%
-5.10% to
0.97%
2.26% to
9.15%
-0.80% to
4.48%
-2.70% to
5.09%
-8.52% to
0.62%
1st Index Anniversary Performance Credit
3.98% to
8.98%
0% to
9.35%
0% to
0.97%
2.26% to
9.15%
0% to
4.48%
0% to
5.09%
0%
1st Anniversary Renewal Cap
10.50%
10.75%
10.50%
13.50%
15.50%
13.50%
12.50%
2nd Index Year Index Return
0.80% to
4.88%
3.65% to
16.32%
7.21% to
14.05%
-1.00% to
7.91%
-0.81% to
6.98%
5.40% to
12.81%
14.41% to
22.16%
2nd Index Anniversary Performance Credit
0.80% to
4.88%
3.65% to
10.75%
7.21% to
10.50%
0% to7.91%
0% to6.98%
5.40% to
12.81%
12.50%
2nd Anniversary Renewal Cap
13.25%
13.00%
11.25%
10.75%
11.00%
11.25%
10.75%
3rd Index Year Index Return
13.49% to
15.60%
10.91% to
14.08%
12.75% to
17.98%
17.61% to
23.90%
17.47% to
24.26%
17.72% to
20.90%
20.67% to
25.34%
3rd Index Anniversary Performance Credit
13.25%
10.91% to
13.00%
11.25%
10.75%
11.00%
11.25%
10.75%
3rd Anniversary Renewal Cap
10.25%
10.00%
9.25%
9.75%
9.50%
9.50%
9.75%
4th Index Year Index Return
11.70% to
15.09%
14.35% to
18.57%
13.14% to
17.53%
2.33% to
13.35%
1.96% to
8.62%
-12.38% to
5.72%
-7.97% to
-1.35%
4th Index Anniversary Performance Credit
10.25%
10.00%
9.25%
2.33% to
9.75%
1.96% to
8.62%
-2.38% to
5.72%
0%
4th Anniversary Renewal Cap
10.75%
10.75%
10.50%
10.75%
10.50%
12.00%
12.50%
5th Index Year Index Return
5th Index Anniversary Performance Credit
Index Effective Date
2/3/2015-
3/2/2015
3/3/2015-
4/6/2015
4/7/2015-
5/4/2015
5/5/2015-
6/1/2015
6/2/2015-
7/6/2015
7/7/2015-
8/3/2015
Initial Cap
12.00%
11.75%
11.00%
11.00%
10.75%
10.50%
1st Index Year Index Return
-11.58% to-
6.17%
-5.43% to
0.64%
-3.00% to
0.63%
-4.13% to
0.59%
-4.84% to
1.92%
0.80% to
4.79%
1st Index Anniversary Performance Credit
-1.58%
to 0%
0% to
0.64%
0% to
0.63%
0%
0% to
1.92%
0.80% to
4.79%
1st Anniversary Renewal Cap
13.25%
15.50%
15.50%
13.75%
12.50%
13.25%
2nd Index Year Index Return
19.69% to
27.29%
13.80% to
19.55%
11.82% to
16.50%
15.09% to
17.38%
14.76% to
21.92%
13.49% to
15.60%
2nd Index Anniversary Performance Credit
13.25%
13.80% to
15.50%
11.82% to
15.50%
13.75%
12.50%
13.25%
2nd Anniversary Renewal Cap
10.25%
12.00%
12.00%
10.50%
10.25%
10.25%
3rd Index Year Index Return
12.99% to
17.56%
9.46% to
17.83%
10.86% to
15.21%
11.36% to
14.75%
11.40% to
14.71%
13.28% to
15.09%
3rd Index Anniversary Performance Credit
10.25%
9.46% to
12.00%
10.86% to
12.00%
10.50%
10.25%
10.25%
3rd Anniversary Renewal Cap
9.25%
12.00%
11.50%
13.75%
11.75%
10.75%
4th Index Year Index Return
0.51% to
3.77%
-0.12% to
11.18%
4th Index Anniversary Performance Credit
0.51% to
3.77%
0% to
11.18%
4th Anniversary Renewal Cap
13.25%
11.75%
10.75%
5th Index Year Index Return
5th Index Anniversary Performance Credit
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix D
86
Table of Contents
Appendix E – Annual Contract Fees Calculation
                Examples
Please note that these examples may differ from your actual
                results due to rounding.
On the Quarterly Contract Anniversary your annual product fee
                is 1.25% and your Contract Value and Charge Base are $100,000. This Contract Value includes any Variable Option gains or losses and any Daily Adjustments or Performance Credits on the Index Options. During the quarter you make no additional
                Purchase Payments and take no withdrawals. We calculate the daily product fee amount for this quarter as follows:
(the Charge Base) x (annual product fee ÷ 365) = daily product
                fee amount, or:
$100,000 x (1.25% ÷ 365) = $3.42
If there are 89 days in the current quarter (which includes
                the next Quarterly Contract Anniversary), then the total quarterly product fee is:
(number of days in the current quarter) x (daily product fee
                amount), or:
89 x $3.42 = $304.79
On the next Quarterly Contract Anniversary we would deduct
                $304.79 from the Contract Value. We first account for any gains/losses on the Variable Options and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments and withdrawals, including
                deduction of the total quarterly product fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is $101,250 we would begin
                computing the daily product fee for the next quarter on the next day as:
(the Charge Base) x (annual product fee ÷ 365) = daily product
                fee amount, or:
$101,250 x (1.25% ÷ 365) = $3.47
If you make an additional Purchase Payment of $15,000 on the
                43rd day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily product fee for the remainder of the quarter on
                the next day as:
(the Charge Base) x (annual product fee ÷ 365) = daily product
                fee amount, or:
$116,250 x (1.25% ÷ 365) = $3.98
If there are 92 days in the current quarter (which includes
                the next Quarterly Contract Anniversary), then the total quarterly product fee is:
(number of days in the current quarter) x (daily product fee
                amount), or:
(43 x $3.47) + (49 x $3.98) = $149.10 + $195.08 = $344.18
On the next Quarterly Contract Anniversary we would deduct
                $344.18 from the Contract Value after we account for any gains/losses on the Variable Option and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase Payments and any other
                withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily product fee for the next quarter on the next day.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix E
87
Table of Contents
Appendix F – Material Contract Variations by
                Issue Date
All material Issue Date variations in the Contract are
                disclosed in this Appendix. If you would like more information regarding Issue Date specific Contract provisions, you should contact your Financial Professional or contact our Service Center at the toll-free telephone number listed at the
                back of this prospectus.
Crediting Method and/or Index Availability Restrictions
Crediting Method / Indexes
Availability Restrictions:
Index Protection NY Strategy
– For Contracts with a number starting with AV this first became available to newly issued Contracts on August 24, 2015.
– Not available to Contracts issued before August 24, 2015, or if the Contract has a number starting with GAZ.
EURO STOXX 50
®
– For Contracts with a number starting with AV this first became available to newly issued Contracts on August 24, 2015.
– Not available to Contracts issued before August 24, 2015, or if the Contract has a number starting with GAZ.
If a Crediting Method or Index is not available, you cannot
                allocate to it unless we make it available to you on a future Index Anniversary.
Certain Crediting Methods and/or Indexes also may not be available from all selling firms or from all Financial
                  Professionals. Please consult with your Financial Professional for more information.
Automatic Performance Lock Availability Restrictions
Automatic Performance Locks are not available to Contracts
                issued before August 24, 2015, or that have a Contract number starting with GAZ.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix F
88
Table of Contents
Appendix
                G – Selected Financial Data and Statutory Financial Statements
Management's Discussion and Analysis of Financial Condition
                and Results of Operations (For the 12 month period ended December 31, 2019)
The following discussion of our financial condition and
                results of operations should be read in conjunction with our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements
                that are subject to risks, uncertainties and other factors, as described in "Risk Factors" and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects
                and opportunities in 2020 and beyond to differ materially from those expressed in, or implied by, those forward-looking statements. See "Forward-Looking Statements."
Statutory Financial Statements
The statutory financial statements of Allianz Life Insurance
                Company of New York as of December 31, 2019 and 2018 and for the years ended December 31, 2019 and 2018 included in this prospectus have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent auditor, and
                upon the authority of said firm as experts in accounting and auditing. The principal business address of PwC is 45 South Seventh Street, Suite 3400, Minneapolis, MN.
The statutory financial statements of operations, capital and
                surplus and cash flow of Allianz Life Insurance Company of New York for the year ended December 31, 2017 included in this prospectus have been so included in reliance on the report of KPMG LLP, an independent auditor, and upon the authority
                of said firm as experts in accounting and auditing. The principal business address of KPMG LLP is 4200 Wells Fargo Center, 90 South Seventh Street, Minneapolis, MN.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
Appendix G
89
Part I
Item 11(f).
Selected Financial Data
(dollars in thousands, unless otherwise stated)
The following table sets forth the Company's selected historical financial data. The selected financial data has been
              derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Company's audited
              Statutory Financial Statements.
These historical results are not necessarily indicative of results to be expected for any future period.
Year ended December 31,
Selected income data
2019
2018
2017
2016
2015
Premium and annuity considerations*
$
376,919
306,832
275,425
250,086
281,769
Net investment income
19,866
23,273
34,421
42,598
42,237
Ceded reinsurance reserve and expense adjustments
181
201
211
225
225
Fees from separate accounts
68,960
72,602
74,868
73,612
71,227
Other income
—
—
24
—
—
Total income
465,926
402,908
384,949
366,521
395,458
Policyholder benefits and surrenders
255,885
246,712
240,015
173,282
193,224
Change in aggregate reserves
2,503
(35,379
)
4,740
(9,455
)
(60,190
)
General and administrative and commission
52,630
43,506
41,569
40,116
42,055
Net transfers to separate accounts
134,980
107,721
60,857
104,150
162,679
Total benefits and other expenses
445,998
362,560
347,181
308,093
337,768
Income tax (benefit) expense
(7,343
)
(292
)
3,333
104
11,673
Net realized capital (loss) gain
(70,095
)
7,217
(39,732
)
(48,008
)
(11,734
)
Net (loss) income
$
(42,824
)
47,857
(5,297
)
10,316
34,283
Capital and Surplus:
Change in unrealized capital (loss) gain
$
(8,937
)
18,410
(21,209
)
(5,276
)
5,942
Other change in capital & surplus
$
(649
)
(15,579
)
(2,565
)
(1,669
)
(6,661
)
Net change in capital & surplus
(52,410
)
50,688
(29,071
)
3,371
33,564
*Includes premiums and annuity and supplementary contract considerations.
As of December 31,
Selected balance sheet data
2019
2018
2017
2016
2015
Total cash and invested assets
$
596,501
652,934
630,219
641.417
649,961
Investment income due and accrued
4,921
5,270
7,101
13.772
14,182
Other admitted assets
12,922
4,288
7,048
5.272
2,112
Separate account assets
3,232,062
2,677,964
2,752,080
2,463.583
2,277,274
Total admitted assets
3,846,406
3,340,456
3,396,448
3,124.044
2,943,529
Total policyholder liabilities
487,107
484,136
524,125
517,924
527,463
Other liabilities
(44,099
)
(45,390
)
(52,815
)
(59,593
)
(59,967
)
Separate account liabilities
3,232,062
2,677,964
2,752,080
2,463,583
2,277,274
Total liabilities
3,675,070
3,116,710
3,223,390
2,921,914
2,744,770
Total capital and surplus
171,336
223,746
173,058
202,130
198,759
Selected Financial Data and Management's Discussion and Analysis
Page
1
of 15
Item 11(h).
Management's Discussion and Analysis of Financial Condition and Results of Operations
The following discussion and analysis provides an assessment by management of the Company's financial condition as of
              December 31, 2019, compared with December 31, 2018, and its results of operations for each of the three years ended December 31, 2019, 2018, 2017, respectively. The information contained herein should be read in conjunction with the financial
              statements, notes, exhibits and schedules in the 2019 and 2018 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated basis in accordance with Statutory Accounting Principles
              (SAP).
Forward-looking Statements
This report reviews the Company's financial condition and results of operations. Where appropriate, factors that may affect future financial performance
            are also identified and discussed. Certain statements made in this report include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include any statement that
            may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like "believe", "expect", "estimate", "project", "budget", "forecast", "anticipate", "plan", "will",
            "shall", "may", and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements as a prediction of
            actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.
Company Overview
The Company is a life insurance company domiciled in New York and is licensed to sell insurance products in six U.S.
              states and the District of Columbia. The Company offers a portfolio of individual variable-indexed and variable annuities, which are sold through licensed registered representatives contracted with a broker/dealer. The Company also maintains
              a legacy portfolio of individual fixed annuities, individual and group life policies, and individual and group accident and health policies, but does not actively issue new policies related to these products.
Allianz Life of New York is a wholly owned subsidiary of Allianz Life Insurance Company of North America (Allianz
              Life).
Allianz Life is a wholly owned subsidiary of Allianz of America, Inc. (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company's ultimate parent, which
            is incorporated in Munich, Germany.
The Company has organized its principal operations into the following segments: Individual Annuities and Other.
Individual Annuities
The Individual Annuities segment provides tax-deferred investment growth and lifetime income opportunities for our
              customers through fixed, fixed-indexed, variable-indexed, and variable annuities. The "fixed" and "variable" classifications describe whether we or the contractholders bear the investment risk of the assets supporting the contract.
Variable annuities allow the contractholder to make deposits into various investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum
              accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be
              increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity
              sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account option that is similar to a fixed-indexed annuity. In 2019, sales of the variable-indexed annuity were higher
              than the prior year due to an industry shift from traditional variable products to hybrid annuities as well as the Allianz Index Advantage® New York Variable Annuity product being very competitive. Our Individual Annuity products are sold
              through independent distribution channels made up of registered representatives contracted with a broker dealer. As previously noted, we discontinued selling fixed annuity products and the block of business is in run-off, however, in-force
              volumes are material and thus reported within the Individual Annuities segment.
Other
The Other segment consists of closed blocks of Life, Long-Term Care (LTC), and Special Markets products. The Special
              Markets products include individual and group annuity and life products, including whole and term life insurance. Although Other products are part of the combined results, the Company does not allocate additional resources to these areas
              other than to maintain the operational support to its current customers.
Selected Financial Data and Management's Discussion and Analysis
Page
2
of 15
Income and expense allocation
We maintain segregated investment portfolios at the subsidiary level but do not maintain segregated portfolios for
              each segment. All Net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by segment are not included herein.
Income and expense related to assets backing policyholder reserves are allocated to the segments based on policyholder
              statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are allocated to the segments based on required
              capital levels for each segment.
Basis of Presentation
The Statutory Financial Statements have been prepared in accordance with accounting practices prescribed or permitted
              by the New York State Department of Financial Services (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the financial condition and
              results of operations of an insurance company and its solvency under New York insurance law. The state of New York has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of statutory accounting principles (SAP). The state of New York has also adopted certain prescribed accounting practices
              that differ from those found in NAIC SAP. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from accounting principles generally accepted
              in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.
The preparation of Statutory Financial Statements in conformity with NAIC SAP requires management to make certain
              estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of
December 31, 2019
, and
2018
and the
              reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
              used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
Adoption of New Financial Accounting Standards
See Note 3 – "Accounting Changes and Correction of Errors" of the Company's audited Statutory Financial Statements in
              this prospectus for information related to recent accounting pronouncements.
Application of Critical Accounting Policies
Our accounting policies require management to make interpretative and valuation judgments and to make estimates based
              upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently entails uncertainty, the effects of accounting
              policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be found in Note 2 of the accompanying Statutory
              Financial Statements and are summarized below.
Accounting for Investments
Investment valuation and presentation are determined to be in accordance with methods prescribed by the NAIC. See Note
              5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.
Aggregate Reserves for Life Policies and Annuity Contracts
See Notes 12 through 14 of the audited Statutory Financial Statements for additional information regarding our annuity
              and life actuarial reserves, deposit liabilities, and separate accounts.
Derivatives
See Note 2 and 5 of the audited Statutory Financial Statements for additional information regarding our derivatives
              and hedging instruments.
Reinsurance
See Note 9 of the audited Statutory Financial Statements for additional information regarding reinsurance agreements
              we have entered into to manage insurance risk as well as businesses we have exited.
Selected Financial Data and Management's Discussion and Analysis
Page
3
of 15
Income Taxes
See Note 7 of the audited Statutory Financial Statements for additional information regarding income tax estimates and
              assumptions.
Individual Annuities and Other
Based upon the significance of the Individual Annuities segment and its overall impact on the total results of
              operations, we only provided variance commentary at the total company level for the year ended
December 31, 2019
compared to
2018
and year ended
December 31, 2018
, compared to
2017
.
Total Results of Operations
Year ended December 31,
Increase (decrease) and % change
Increase (decrease) and % change
2019
2018
2017
2019 - 2018
2018 - 2017
Income:
Premium and annuity considerations*
$
376,919
306,832
275,425
$
70,087
22.8
%
$
31,407
11.4
%
Net investment income
19,866
23,273
34,421
(3,407
)
(14.6
)
(11,148
)
(32.4
)
Ceded reinsurance reserve and expense adjustments
181
201
211
(20
)
(10.0
)
(10
)
(4.7
)
Fees from separate accounts
68,960
72,602
74,868
(3,642
)
(5.0
)
(2,266
)
(3.0
)
Other income
—
—
24
—
—
(24
)
—
Total income
465,926
402,908
384,949
63,018
15.6
17,959
4.7
Benefits and other expenses:
Policyholder benefits and surrenders
255,885
246,712
240,015
9,173
3.7
6,697
2.8
Change in aggregate reserves
2,503
(35,379
)
4,740
37,882
107.1
(40,119
)
(846.4
)
General and administrative and commission
52,630
43,506
41,569
9,124
21.0
1,937
4.7
Net transfers to separate accounts
134,980
107,721
60,857
27,259
25.3
46,864
77.0
Total benefits and other expenses
445,998
362,560
347,181
83,438
23.0
15,379
4.4
Pretax income (loss)
19,928
40,348
37,768
(20,420
)
(50.6
)
2,580
6.8
Income tax (benefit) expense
(7,343
)
(292
)
3,333
(7,051
)
NM●
(3,625
)
(108.8
)
Net realized capital (loss) gain
(70,095
)
7,217
(39,732
)
(77,312
)
NM●
46,949
118.2
Net (loss) income
$
(42,824
)
47,857
(5,297
)
$
(90,681
)
(189.5
)%
$
53,154
NM●
Capital and Surplus:
Change in unrealized capital (loss) gain
$
(8,937
)
18,410
(21,209
)
$
(27,347
)
(148.5
)%
$
39,619
186.8
%
Other change in capital & surplus
(649
)
(15,579
)
(2,565
)
14,930
95.8
(13,014
)
(507.4
)
Net change in capital & surplus
$
(52,410
)
50,688
(29,071
)
$
(103,098
)
(203.4
)%
$
79,759
274.4
%
*Includes premiums and annuity and supplementary contract considerations.
●
Not meaningful.
Selected Financial Data and Management's Discussion and Analysis
Page
4
of 15
Selected Operating Performance Measures
Year ended December 31,
Increase (decrease) and % change
Increase (decrease) and % change
2019
2018
2017
2019 - 2018
2018 - 2017
Deposits and gross premiums written:
Individual Annuities
$
371,966
298,637
264,826
$
73,329
24.6
%
$
33,811
12.8
%
Other
4,149
4,289
4,472
(140
)
(3.3
)
(183
)
(4.1
)
Total
$
376,115
302,926
269,298
$
73,189
24.2
%
$
33,628
12.5
%
In-force:
Individual Annuities
$
3,613,848
3,101,165
3,219,779
$
512,683
16.5
%
$
(118,614
)
(3.7
)%
Other
49,947
53,361
59,398
(3.414
)
(6.4
)
(6,037
)
(10.2
)
Total
$
3,663,795
3,154,526
3,279,177
$
509,269
16.1
%
$
(124,651
)
(3.8
)%
Deposits and in-force amounts in the table above are for direct business. Deposits reflect amounts collected on both
              new and renewal business. Individual Annuities in-force represents account values of the annuity contracts for our fixed, variable, and variable-indexed annuity contracts. Other products in-force represent gross life insurance within the Life
              and Special Markets products. The deposits increased within Individual Annuities year over year as a result of the continued growth of variable-indexed annuity sales due to competitive product features and higher traditional variable annuity
              sales partially offset by the continued run off of fixed annuities. The increase of in-force in the Individual Annuities segment is primarily driven by growth of the variable-indexed annuity sales and 2019 equity market increases resulting in
              higher policyholder account values. Deposits and in-force within Other products continues to decline due to the run off on the closed blocks of business.
Change in Key Market Factors
Our Individual Annuities segment is impacted by various market impacts and movements which are summarized below:
Year ended December 31,
% change
2019
2018
2017
2019 - 2018
2018 - 2017
Stock Index
S&P 500
28.88%
(6.24)%
19.42%
35.12%
(25.66)%
NASDAQ 100
37.96%
(1.04)%
31.52%
39.00%
(32.56)%
Year ended December 31,
Basis point (bps) change
2019
2018
2017
2019 - 2018
2018 - 2017
Interest Rates
LIBOR 10yr
1.90%
2.71%
2.53%
(81) bps
18 bps
LIBOR 20yr
2.07%
2.83%
2.40%
(76) bps
43 bps
Year Ended
December 31, 2019
Compared to
Year Ended
December 31, 2018
Overview
The decrease in capital and surplus was primarily driven by realized losses due to hedging impacts, an increase in
              change in aggregate reserves driven by higher variable-indexed premium and annuity considerations, impacts due to favorable equity market performance, and the change in Premium Deficiency Reserves (PDR) related to LTC in the Other segment.
              This was partially offset by favorable variable-indexed annuity premiums which is partially offset by an increase in net transfers to separate accounts both due to an increase in new premiums.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations increased primarily due to the
                      continued growth of the variable-indexed annuity product which was impacted by a sales promotion in 2019 and higher traditional variable annuity sales driven by market conditions in the Individual Annuities segment.
•
Net investment income:
Net investment income decreased primarily due to the sale of the Company's Interest
                      Rate Swap (IRS) portfolio in March of 2018, which caused a decline in derivative instrument income as well as negative IMR
Selected Financial Data and Management's Discussion and Analysis
Page
5
of 15
amortization. In addition, there was a decrease in average invested assets backing policyholder liabilities
              as a result of the continued run-off of the Company's fixed annuity block of business.
•
Fees from separate accounts
:
Fees from separate accounts decreased primarily due to lower M&E and benefit
                      rider income from the effects of negative equity markets in late 2018, which resulted in lower average traditional variable annuity Separate Account assets in 2019. The decrease was also impacted by higher variable annuity surrenders.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
:
Policyholder benefits and surrenders increased primarily due to an
                      increase in variable surrender benefits driven by policyholder activity. This was partially offset by lower fixed surrenders.
•
Change in aggregate reserves:
Change in aggregate reserves was driven by higher variable-indexed premium and
                      annuity considerations and an increase in premium deficiency reserves related to the LTC line of business which is supported by the gross premium valuation which is conducted annually. This is partially offset by fixed annuity reserve
                      decreases due to the continued run-off of the closed block of business.
•
General and administrative and commission:
General and administrative and commission increased primarily due
                      to higher variable indexed-annuity commissions as a result of an increase in production.
•
Net transfers to separate accounts:
Net transfers to separate accounts increase is
                      driven by new premium and policyholder withdrawals, and increased due to higher separate account premium.
•
Income tax (benefit) expense
: The higher income tax benefit in 2019 as compared to
                      2018 was driven by the timing of the increase in hedging losses.
•
Net realized capital (loss) gain:
Net realized capital losses are driven by negative
                      hedging results in our Individual Annuities segment due to increasing equity markets.
Capital and Surplus
•
Change in unrealized capital (loss) gain:
Unrealized capital losses are primarily due
                      to negative hedging results in our Individual Annuities segment due to increasing equity markets.
•
Other change in capital and surplus:
Other
                      change in capital and surplus increased to due change in nonadmitted assets driven by negative IMR and a change in accounting principle in 2018. This was partially offset by an increase in net deferred income taxes as a result of
                      hedging losses due to favorable equity market impacts.
Year Ended
December 31, 2018
Compared to Year Ended
December 31, 2017
Overview
The increase in capital and surplus was primarily driven by increases in variable annuity premiums and favorable realized gains. This was
              partially offset by a decrease in net investment income, an increase in aggregate reserves, and an increase in surrender payments.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations increased primarily due to higher
                      traditional variable annuity sales and continued growth of the variable-indexed annuity product driven by market conditions in the Individual Annuities segment.
•
Net investment income:
Net investment income decreased primarily due to a decrease in interest rate swap
                      (IRS) derivative income due to the sale of the Company's IRS portfolio in March 2018 and lower bond income due to a decrease in average invested assets backing policyholder liabilities as a result of the continued run-off of the
                      Company's fixed annuity block of business.
•
Fees from separate accounts
:
Fees from separate accounts decreased primarily due to a decrease in M&E and
                      benefit rider income due to negative equity markets which resulted in lower Separate Account assets and higher variable annuity surrenders.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
:
Policyholder benefits and surrenders increased primarily due to higher
                      variable annuity surrenders.
Selected Financial Data and Management's Discussion and Analysis
Page
6
of 15
•
Change in aggregate reserves:
Change in aggregate reserves decreased primarily due to the run off of the
                      fixed block of business.
•
General and administrative and commission:
General and administrative and commission increased primarily due
                      to higher variable indexed-annuity commissions as a result of an increase in production.
•
Net transfers to separate accounts:
Net transfers to separate accounts is driven by
                      new premium and policyholder withdrawals, and increased due to higher separate account premium.
•
Income tax expense (benefit)
:
There is an income tax benefit in 2018, as compared to income tax expense in
                      2017. The benefit is driven by timing of hedging losses.
•
Net realized capital gain (loss):
Net
                      realized capital gains are driven by positive hedging results in our Individual Annuities segment due to declining equity markets.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital gains are primarily due to positive hedging
                      results in our Individual Annuities segment due to declining equity markets.
•
Other change in capital and surplus:
Other change in capital and surplus is primarily due to an increase in
                      nonadmitted assets as a result of nonadmitted negative IMR due to the sale of the Company's IRS portfolio. This was partially offset by net impacts due to changes in accounting principles related to reserve calculations within our
                      Individual Annuities segment.
Selected Financial Data and Management's Discussion and Analysis
Page
7
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The following tables provide the results of operations for the Individual Annuities and Other segments:
Individual Annuities
Segment Results of Operations
Year ended December 31,
Increase (decrease) and % change
Increase (decrease) and % change
2019
2018
2017
2019 - 2018
2018 - 2017
Income:
Premium and annuity considerations*
$
373,869
303,753
272,214
$
70,116
23.1
%
$
31,539
11.6
%
Net investment income
16,813
20,651
31,845
(3,838
)
(18.6
)
(11,194
)
(35.2
)
Fees from separate accounts
68,960
72,602
74,868
(3,642
)
(5.0
)
(2,266
)
(3.0
)
Other income
—
—
24
—
—
(24
)
—
Total income
459,642
397,006
378,951
62,636
15.8
18,055
4.8
Benefits and other expenses:
Policyholder benefits and surrenders
254,424
245,151
238,550
9,273
3.8
6,601
2.8
Change in aggregate reserves
(16,098
)
(41,622
)
(1,426
)
25,524
61.3
(40,196
)
NM●
General and administrative and commission
51,799
42,982
40,599
8,817
20.5
2,383
5.9
Net transfers to separate accounts
134,980
107,721
60,857
27,259
25.3
46,864
77.0
Total benefits and other expenses
425,105
354,232
338,580
70,873
20.0
15,652
4.6
Pretax income (loss)
34,537
42,774
40,371
(8,237
)
(19.3
)
2,403
6.0
Income tax (benefit) expense
(12,727
)
(309
)
3,563
(12,418
)
NM●
(3,872
)
(108.7
)
Net realized capital (loss) gain
(70,099
)
1,593
(37,599
)
(71,692
)
NM●
39,192
104.2
Net (loss) income
$
(22,835
)
44,676
(791
)
$
(67,511
)
(151.1
)%
$
45,467
NM●
Capital and Surplus:
Change in unrealized capital (loss) gain
$
(9,089
)
19,051
(22,087
)
$
(28,140
)
(147.7
)%
$
41,138
186.3
%
Other change in capital & surplus
(629
)
(13,134
)
(1,759
)
12,505
95.2
(11,375
)
(646.7
)
Net change in capital & surplus
$
(32,553
)
$
50,593
$
(24,637
)
$
(83,146
)
(164.3
)%
$
75,230
305.4
%
*Includes premiums and annuity and supplementary contract considerations.
●
Not meaningful
Selected Financial Data and Management's Discussion and Analysis
Page
8
of 15
Other
Segment Results of Operations
Year ended December 31,
Increase (decrease) and % change
Increase (decrease) and % change
2019
2018
2017
2019 - 2018
2018 - 2017
Income:
Premium and annuity considerations
$
3,050
3,079
3,211
$
(29
)
(0.9
)%
$
(132
)
(4.1
)%
Net investment income
3,053
2,622
2,576
431
16.4
46
1.8
Ceded reinsurance reserve and expense adjustments
181
201
211
(20
)
(10.0
)
(10
)
(4.7
)
Total income
6,284
5,902
5,998
382
6.5
(96
)
(1.6
)
Benefits and other expenses:
Policyholder benefits and surrenders
1,462
1,561
1,465
(99
)
(6.3
)
96
6.6
Change in aggregate reserves
18,601
6,243
6,166
12,358
197.9
77
1.2
General and administrative and commission
830
524
970
306
58.4
(446
)
(46.0
)
Total benefits and other expenses
20,893
8,328
8,601
12,565
150.9
(273
)
(3.2
)
Pretax (loss) income
(14,609
)
(2,426
)
(2,603
)
(12,565
)
(517.9
)
177
6.8
Income tax expense (benefit)
5,384
17
(230
)
5,367
NM●
247
NM●
Net realized capital gain (loss)
4
5,624
(2,133
)
(5,620
)
(99.9
)
7,757
NM●
Net (loss) income
$
(19,989
)
3,181
(4,506
)
$
(23,170
)
(728.4
)%
$
7,687
170.6
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
152
(641
)
878
$
793
123.7
%
$
(1,519
)
(173.0
)%
Other change in capital & surplus
(20
)
(2,445
)
(806
)
2,425
99.2
(1,639
)
(203.3
)
Net change in capital & surplus
$
(19,857
)
95
(4,434
)
$
(19,952
)
NM●
$
4,529
102.1
%
●
Not meaningful
Financial Condition
Investment Strategy
Our investment strategy focuses on diversification by asset class. We seek to achieve economic diversification, while
              reducing overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio diversification on an asset class, creditor, and industry basis, and by complying
              with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in estimating the cash flows related to structured securities. We actively monitor and
              manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return preferences, the economic and credit environment, and the ability to manage this
              risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with contractholder liability cash flows and duration.
Selected Financial Data and Management's Discussion and Analysis
Page
9
of 15
The following table presents the investment portfolio at December 31:
2019
2018
Carrying Value
% of total
Carrying Value
% of total
Bonds
$
554,866
93.0
%
$
603,762
92.5
%
Cash and cash equivalents
41,013
6.9
47,639
7.3
Policy loans
329
0.1
360
0.1
Derivative assets
283
—
190
(0.1
)
Receivables for securities
10
0.0
983
0.2
Total cash and invested assets
$
596,501
100.0
%
$
652,934
100.0
%
Bonds
Refer to Note 5 of the audited Statutory Financial Statements for information regarding the nature of our portfolio of
              bonds. The tables below set forth the NAIC Securities Valuation Office ("SVO") quality ratings for the Companies bond portfolio at
December 31, 2019
and
2018
.
2019
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
377,821
63.8
%
$
357,536
64.4
%
2
211,076
35.6
194,083
35.0
Investment grade
588,897
99.4
551,619
99.4
3
2,748
0.5
2,717
0.5
4
551
0.1
530
0.1
5
—
—
—
—
6
—
—
—
—
Below investment grade
3,299
0.6
3,247
0.6
Total
$
592,196
100.0
%
$
554,866
100.0
%
2018
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
407,150
67.4
%
$
405,037
67.1
%
2
192,268
31.8
193,667
32.1
Investment grade
599,418
99.2
598,704
99.2
3
3,758
0.6
4,034
0.6
4
440
0.1
533
0.1
5
491
0.1
491
0.1
6
—
—
—
—
Below investment grade
4,689
0.8
5,058
0.8
Total
$
604,107
100.0
%
$
603,762
100.0
%
Selected Financial Data and Management's Discussion and Analysis
Page
10
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Commercial Mortgage-backed
and Other Asset-backed Securities
Commercial mortgage-backed securities (CMBS) represent pools of commercial mortgages that are broadly diversified
              across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC classes and vintage year as of December 31:
2019
NAIC Classes
% of total CMBS
Vintage
1
$
90,511
100.0
%
2019
$
1,542
1.7
%
2
—
—
2018
8,121
9.0
3
—
—
1
2017
11,629
12.8
4
—
—
2016
19,100
21.1
5
—
—
2015 and prior
50,119
55.4
6
—
—
$
90,511
100.0
%
$
90,511
100.0
%
2018
NAIC Classes
% of total CMBS
Vintage
1
$
91,109
100.0
%
2018
$
8,134
9.0
%
2
—
—
2017
11,646
12.8
3
—
—
2016
19,136
21.0
4
—
—
2015
41,132
45.1
5
—
—
2014 and prior
11,061
12.1
6
—
—
$
91,109
100.0
%
$
91,109
100.0
%
Asset backed security (ABS) holdings consist primarily of aircraft leases, credit card receivables and other
              asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or limits on these types of investments.
The following table summarizes our exposure to other ABS holdings by NAIC classes and vintage year as of December 31:
2019
NAIC Classes
% of total other ABS
Vintage
1
$
667
100.0
%
2019
$
—
—
%
2
—
—
2018
—
—
3
—
—
2017
—
—
4
—
—
2016
—
—
5
—
—
2015 and prior
667
100.0
6
—
—
$
667
100.0
%
$
667
100.0
%
2018
NAIC Classes
% of total other ABS
Vintage
1
$
2,529
100.0
%
2018
$
—
—
%
2
—
—
2017
—
—
3
—
—
2016
—
—
4
—
—
2015
—
—
5
—
—
2014 and prior
2,529
100.0
6
—
—
$
2,529
100.0
%
$
2,529
100.0
%
Selected Financial Data and Management's Discussion and Analysis
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11
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Unrealized investment losses of bonds, for investment grade (NAIC classes 1-2) and below investment grade (NAIC
              classes 3-6) securities by duration are as follows at December 31:
2019
Investment Grade
% of Total
Below Investment Grade
% of Total
Twelve months or less below fair value
$
80
90.9
%
$
—
0.0
%
More than twelve months below fair value
—
—
8
9.1
Total
$
80
90.9
%
$
8
9.1
%
2018
Investment Grade
% of Total
Below Investment Grade
% of Total
Twelve months or less below fair value
$
5,716
56.1
%
$
95
0.9
%
More than twelve months below fair value
4,108
40.3
278
2.7
Total
$
9,824
96.4
%
$
373
3.6
%
See Note 5 of the audited Statutory Financial Statements for additional disclosures in regards to unrealized
              investment losses of bonds, December 31.
Other-than-temporary impairments, by market sector, for impairments included in the Statements of Operations, were as
              follows at December 31:
2019
2018
Impairment
No. of Securities
Impairment
No. of Securities
Corporate securities
$
48
1
$
363
4
Refer to Note 6 of the audited Statutory Financial Statements for information regarding the fair value and fair value
              hierarchy level of our financial instruments.
Liquidity and Capital Resources
Overview
The Company's liquidity requirements are generally met through funds provided by investment income, receipt of insurance premiums, M&E fees and
            benefit rider income,
and maturities and sales of investments.
The Company does not utilize the capital markets as a source of capital. Should the need for capital arise, the
              Company may utilize its parent, Allianz Life, as an alternative source of funding. The Company has a line of credit agreement with its parent, Allianz Life, to provide liquidity to the Company, as needed. The Company's borrowing capacity
              under the agreement is limited to 5% of the Company's general account admitted assets as of the preceding year end. As of
December 31, 2019
and
2018
, there are no amounts outstanding under the line of credit agreement and no amounts have been borrowed during the years ended
December 31, 2019
and
2018
. In addition, if capital infusions are deemed necessary, the Company
              obtains prior approval by the Department, as appropriate.
The primary uses of funds are policy benefits, commissions, other product-related acquisition costs, investment
              purchases, and
operating expenses
.
The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.
Financial Ratings and Strength
We received the following financial strength ratings as of
December 31,
              2019
:
•
AM Best    A+ (Superior)
•
S&P        AA (Very Strong)
The financial strength ratings are influenced by many factors including the operating and financial performance, asset
              quality, liquidity, asset/liability management, overall portfolio mix, financial leverage, and exposure to risks.
Selected Financial Data and Management's Discussion and Analysis
Page
12
of 15
Cash Flows
The cash flows of the Company for the years ended
December 31, 2019
,
2018
, and
2017
are
            summarized in the condensed table below:
Year ended December 31,
2019
2018
2017
Net cash provided by operating activities
$
28,664
38,823
53,321
Net cash used in investing activities
(32,994
)
(12,245
)
(83,623
)
Net cash (used in) provided by financing and miscellaneous activities
(2,296
)
2,316
(602
)
Net (decrease) increase in cash and cash equivalents
$
(6,626
)
28,894
(30,904
)
We have the funds necessary to meet capital requirements in the state of New York and to support our operations.
The decrease in net cash provided by operating activities in 2019 compared to 2018 is primarily due to higher
              commissions, an increase in surrenders and annuity benefits, and lower net investment income. This was partially offset by a decrease in income taxes paid and an increase in premiums. The decrease in net cash provided by operating activities
              in 2018 compared to 2017 is primarily due to an increase in surrenders, lower net investment income, and an increase in income taxes paid. This was partially offset by an increase in premiums.
The increase in cash flow used in investing activities in 2019 compared to 2018 was primarily driven by derivative
              cash impacts and partially offset by the net increase in bond purchases. The decrease in cash flow used in investing activities in 2018 compared to 2017 was primarily driven by a net decrease in bond purchases and derivative cash impacts.
The decrease in cash provided by financing activities in 2019 compared to 2018 is primarily due to the change in
              payable from parent. The increase in cash provided by financing activities in 2018 compared to 2017 is primarily due to the change in payable from parent.
Risk-Based Capital
See Note 15 of the audited Statutory Financial Statements for information regarding the Risk-Based Capital (RBC). The
              Company's RBC ratio significantly exceeds required minimum thresholds as of
December 31, 2019
and
2018
.
Statutory Surplus and Dividends
Statutory accounting practices prescribed or permitted by the Company's state of domicile are directed toward insurer
              solvency and protection of policyholders. Additionally, account balances and future policy benefit reserves calculated for statutory reporting do not include provisions for withdrawals.The Company is required to meet minimum statutory capital
              and surplus requirements. The Company's statutory capital and surplus as of
December 31, 2019
and
2018
were in compliance with these requirements. The maximum amount of dividends that can be paid by New York insurance companies to stockholders without prior approval of the Department is subject to restrictions
              relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual statement. In accordance with New
              York statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its beginning-of-the year statutory surplus, or its net gain from operations of the insurer, not including
              realized gains, for the 12-month period ending the 31st day of the preceding year. Based on these restrictions, ordinary dividends of
$17,134
can be paid
              in
2020
without the approval of the Department. The Company paid no dividends and received no capital contributions in
2019
,
2018
or
2017
.
Commitments
The following table summarizes certain contractual obligations and the Company's expected commitments based on
              policyholder behavior assumptions by period as of
December 31, 2019
:
In 1 year
After 1 year
After 3 years
After
Total
or less
up to 3 years
up to 5 years
5 Years
Payments due
Policyholder liabilities
$
750,796
66,118
108,569
80,425
495,684
Operating leases
61
24
37
—
—
Total payments due
$
750,857
66,142
108,606
80,425
495,684
Selected Financial Data and Management's Discussion and Analysis
Page
13
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Policyholder liabilities include estimated claim and benefit, policy surrender and commission obligations offset by
              expected future deposits and premiums on in-force insurance policies and investment contracts in the Individual Annuities and Other segments. We have excluded the separate account liabilities as these obligations are legally insulated from
              general account obligations and will be fully funded by cash flows from separate account assets. The obligations have not been discounted to present value. Estimated claim and benefit obligations are based upon mortality, morbidity and lapse
              assumptions comparable to historical experience. The results are based on assuming market growth and interest crediting consistent with other valuation assumptions. In contrast to this table, the majority of our obligations are recorded on
              the Balance Sheets at current account values or other prescribed measurements that are not directly related to liability cash flows. These obligations do not incorporate an expectation on future market growth, interest crediting, or future
              deposits. Therefore, due to the significance of the assumptions used, the amounts presented could materially differ from actual results. Operating leases include non-cancelable obligations on certain office space and equipment.
Contingencies
The Company is or may become subject to claims and lawsuits that arise in the ordinary course of business. In the
              opinion of management, the ultimate resolution of any such known litigation will not have a material adverse effect on the Company's financial position.
The Company is contingently liable for possible future assessments under regulatory requirements pertaining to insolvencies and impairments
              of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.
The financial services industry, variable and fixed annuities, life insurance, distribution companies, and broker-dealers, is subject to
              close scrutiny by regulators, legislators, and the media.
Federal and state regulators, such as state insurance departments, state securities departments, the SEC, the
              Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various selling practices, including suitability reviews,
              product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is subject to ongoing market conduct examinations and investigations by regulators, which may have a material adverse
              effect on the Company.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet transactions, arrangements or other relationships that management believes would be reasonably likely to
            have a material effect on the Company's liquidity or the requirements for capital resources.
The Company utilizes exchange-traded futures to economically hedge certain product liabilities. Under this kind of transaction, the Company agrees to
            purchase a specified number of contracts and settles the variation margin with the counterparty on a daily basis in an amount equal to the change in the market value of the underlying contracts from the close of the previous trading day. The
            parties with whom the Company enters into the exchange-traded futures contracts are regulated futures commission's merchants who are members of a trading exchange.
The Company is exposed to credit-related losses in the event of non-performance by counterparties under the terms of the futures contracts. The Company
            minimizes counterparty credit risk by establishing relationships only with counterparties rated BBB+ and higher. Given the credit ratings of the counterparties with which the Company transacts, the Company does not expect any counterparties to
            fail to meet their obligations. The Company has also executed Credit Support Annex (CSA) agreements with all active counterparties and requires a CSA from all new counterparties added to the Company's counterparty pool. The CSA agreements
            further limit the Company's counterparty credit risk by requiring the counterparty to post collateral to a segregated custodial account based on the net exposure to the Company.
As the Company's futures transactions are executed through a regulated exchange, positions are marked-to-market and settled on a daily basis, and
            collateral is posted prior to execution of a transaction. The Company has minimal exposure to credit-related losses in the event of non-performance. The Company is required to post collateral for any futures, options and swap contracts that are
            executed. The amount of collateral required is determined by the exchange on which the contract is traded.
For
2019
and
2018
,
the Company posted U.S. Treasuries to satisfy this collateral requirement.
Selected Financial Data and Management's Discussion and Analysis
Page
14
of 15
Item 11(j).
Quantitative and Qualitative Disclosures about Market Risk
Market risk is the risk of the loss of fair value resulting from adverse changes in market rates and prices, such as
              interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. Reference Note 4 of the audited Statutory Financial
              Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices.
Sensitivity Analysis
To assess the impact of changes in interest rate and equity markets, we perform sensitivity tests. Sensitivity tests
              measure the instantaneous impact of a single hypothetical interest rate or equity price change on our post-tax income, or fair value of an asset or liability, while holding all other rates or prices constant. To assess interest rate risk, we
              perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 basis points (bps). To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity prices by a
              hypothetical 15%.
Interest Rate Risk
One means of assessing exposure to interest rate changes is to measure the potential change in the statutory value of
              an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates would cause our post-tax income to
              decrease by
$183
as of
December 31, 2019
.
We also examined the impact on after tax income due to a hypothetical decrease in interest rates of 50 bps across all
              maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by
$97
as
              of
December 31, 2019
. Note that the impacts referenced reflect the net of economic hedge impact and does not include economic impact related to our
              fixed-income investment portfolio or economic changes in reserve calculations.
Equity Market Risk
One means of assessing exposure to changes in equity market prices is to estimate the potential changes in post-tax
              income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income to increase by
$26,652
, while an increase in equity market prices would cause our post-tax income to decrease by
$19,907
based on our equity exposure as of
December 31, 2019
. Note that the impacts referenced reflect the net of economic hedge
              impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Selected Financial Data and Management's Discussion and Analysis
Page
15
of 15
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Financial Statements
December 31,
2019
and
2018
(With Report of Independent Auditors Thereon)
Report of Independent Auditors
To the
Board of Directors of
              Allianz Life Insurance Company of New York
We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of New York, which comprise the statutory
              statements of admitted assets, liabilities, and capital and surplus as of December 31, 2019 and 2018, and the related statutory statements of operations, capital and surplus, and of cash flow for the years then ended.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting practices
              prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial
              statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on the financial statements based on our audits. We conducted our audits in accordance with
              auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The
              procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to
              the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's
              internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating
              the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles
As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the accounting
              practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than accounting principles generally accepted in the United States of America.
The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2
and accounting principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material.
1
of 43
Adverse Opinion on U.S. Generally Accepted Accounting Principles
In our opinion, because of the significance of the matter discussed in the "Basis for Adverse Opinion on U.S. Generally Accepted Accounting
              Principles" paragraph, the financial statements referred to above do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of December 31,
              2019 and 2018, or the results of its operations or its cash flows for the years then ended.
Opinion on Statutory Basis of Accounting
In our opinion, the financial statements referred to above present fairly, in all material respects, the admitted assets, liabilities and
              surplus of the Company as of December 31, 2019 and 2018, and the results of its operations and its cash flows for the years then ended, in accordance with the accounting practices prescribed or permitted by the New York State Department of
              Financial Services described in Note 2.
/s/PricewaterhouseCoopers LLP
April 3, 2020
2
of 43
Independent Auditors' Report
The Board of Directors
Allianz Life Insurance Company of New York:
We have audited the accompanying financial statements of Allianz Life Insurance Company of New York, which comprise the
              statutory statements of operations, capital and surplus, and cash flow for the year ended December 31, 2017, and the related notes to the statutory financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with
              statutory accounting practices prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and
              fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
              accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material
              misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
              statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor
              considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion
              on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made
              by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
              opinions.
Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles
As described in Note 2 to the financial statements, the financial statements are prepared by Allianz Life Insurance
              Company of New York using statutory accounting practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, the
              financial statements are not intended to be presented in accordance with U.S. generally accepted accounting principles.
The effects on the financial statements of the variances between the statutory accounting practices described in Note 2
              and U.S. generally accepted accounting principles, although not reasonably determinable, are presumed to be material.
3
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Adverse Opinion on U.S. Generally Accepted Accounting Principles
In our opinion, because of the significance of the variances between statutory accounting practices and
U.S. generally accepted accounting principles discussed in the Basis for Adverse Opinion on U.S. Generally Accepted
              Accounting Principles paragraph, the financial statements referred to above do not present fairly, in accordance with U.S. generally accepted accounting principles, the results of Allianz Life Insurance Company of New York's operations or its
              cash flows for the year ended December 31, 2017.
Opinion on Statutory Basis of Accounting
In our opinion, the financial statements referred to above present fairly, in all material respects, the results of
              Allianz Life Insurance Company of New York's operations and its cash flow for the year ended December 31, 2017, in accordance with statutory accounting practices prescribed or permitted by the New York State Department of Financial Services
              described in Note 2.
/s/KPMG LLP
Minneapolis, Minnesota May 18, 2018
4
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2019 and 2018
(Dollars in thousands, except share data)
Admitted Assets
2019
2018
Cash and invested assets:
Bonds
$
554,866
603,762
Cash and cash equivalents
41,013
47,639
Policy loans
329
360
Derivative assets
283
190
Receivables for securities
10
983
Total cash and invested assets
596,501
652,934
Investment income due and accrued
4,921
5,270
Deferred tax asset, net
4,307
3,081
Current federal and foreign income tax recoverable
7,390
—
Other assets
1,225
1,207
Admitted assets, exclusive of separate account assets
614,344
662,492
Separate account assets
3,232,062
2,677,964
Total admitted assets
$
3,846,406
3,340,456
5
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2019 and 2018
(Dollars in thousands, except share data)
Liabilities and Capital and Surplus
2019
2018
Policyholder liabilities:
Life policies and annuity contracts
$
419,693
435,987
Accident and health policies
63,589
45,072
Deposit-type contracts
3,604
2,879
Life policy and contract claims
27
27
Accident and health policy and contract claims
194
171
Total policyholder liabilities
487,107
484,136
General expenses due and accrued
485
524
Due from separate accounts
(56,933
)
(59,985
)
Payable to parent and affiliates
3,384
4,692
Current income taxes
—
588
Asset valuation reserve
5,601
4,432
Derivative liabilities
—
174
Other liabilities
3,364
4,185
Liabilities, exclusive of separate account liabilities
443,008
438,746
Separate account liabilities
3,232,062
2,677,964
Total liabilities
3,675,070
3,116,710
Capital and surplus:
Common stock, $10 par value. Authorized, issued, and out
standing 200,000 shares at December 31, 2019
                          and 2018
2,000
2,000
Additional paid-in capital
72,500
72,500
Unassigned surplus
96,836
149,246
Total capital and surplus
171,336
223,746
Total liabilities and capital and surplus
$
3,846,406
3,340,456
See accompanying notes to statutory financial statements.
6
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Statements of Operations
Years ended December 31, 2019, 2018, and 2017
(Dollars in thousands)
2019
2018
2017
Income:
Premiums and annuity considerations
$
375,015
301,715
268,035
Consideration for supplementary contracts
1,904
5,117
7,390
Net investment income
19,866
23,273
34,421
Commissions and expense allowances on reinsurance ceded
181
201
211
Fees from separate accounts
68,960
72,602
74,868
Other
—
—
24
Total income
465,926
402,908
384,949
Benefits and other expenses:
Policyholder benefits
33,083
26,024
30,967
Surrenders
222,802
220,688
209,048
Change in aggregate reserves and deposit funds
2,503
(35,379
)
4,740
Commissions and other agent compensation
28,312
24,543
23,374
General and administrative expenses
24,318
18,963
18,195
Net transfers to separate accounts
134,980
107,721
60,857
Total benefits and other expenses
445,998
362,560
347,181
Income from operations before income taxes and net realized capital (loss) gain
19,928
40,348
37,768
Income tax (benefit) expense
(7,343
)
(292
)
3,333
Net income from operations before net realized capital (loss)
gain
27,271
40,640
34,435
Net realized capital (loss) gain, net of taxes and interest maintenance reserve
(70,095
)
7,217
(39,732
)
Net (loss) income
$
(42,824
)
47,857
(5,297
)
See accompanying notes to statutory financial statements.
7
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Statements of Capital and Surplus
Years ended December 31, 2019, 2018, and 2017
(Dollars in thousands)
2019
2018
2017
Capital and surplus at beginning of year
$
223,746
173,058
202,130
Change in accounting principle, net of tax (Note 3)
—
3,191
—
Correction of errors, net of tax (Note 3)
—
—
2,932
Adjusted balance at beginning of year
223,746
176,249
205,062
Net (loss) income
(42,824
)
47,857
(5,297
)
Change in unrealized capital (loss) gain
(8,937
)
18,410
(21,209
)
Change in net deferred income tax
3,356
332
(2,569
)
Change in nonadmitted assets
(2,712
)
(18,198
)
(2,489
)
Other changes in capital and surplus
(1,293
)
(904
)
(440
)
Capital and surplus at end of year
$
171,336
223,746
173,058
See accompanying notes to statutory financial statements.
8
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Statutory Statements of Cash Flow
Years ended December 31, 2019, 2018, and 2017
(Dollars in thousands)
2019
2018
2017
Cash flows from operating activities:
Revenues:
Premiums and annuity considerations, net
$
376,831
306,827
275,427
Net investment income
22,640
26,144
41,257
Other income
69,139
72,805
75,101
Total cash provided by operating activities
468,610
405,776
391,785
Benefits and expenses paid:
Benefit and loss-related payments
254,810
245,902
239,655
Commissions, expenses paid, and aggregate write-ins for deductions
52,455
42,993
41,466
Net transfers to separate accounts
131,928
72,777
57,591
Income tax paid (benefit received), net
753
5,281
(248
)
Total cash used in operating activities
439,946
366,953
338,464
Net cash provided by operating activities
28,664
38,823
53,321
Cash flows from investing activities:
Proceeds from investments sold, matured, or repaid:
Bonds
149,505
119,948
76,300
Miscellaneous proceeds
1,006
758
6,834
Total cash provided by investing activities
150,511
120,706
83,134
Cost of investments acquired:
Bonds
100,701
123,799
108,338
Derivatives
82,804
9,152
47,869
Miscellaneous applications
—
—
10,550
Total cash used in investing activities
183,505
132,951
166,757
Net cash used in investing activities
(32,994
)
(12,245
)
(83,623
)
Cash flows from financing and miscellaneous activities:
Change in payable to parent and affiliates
(1,308
)
1,895
(323
)
Other
(988
)
421
(279
)
Net cash (used in) provided by financing and miscellaneous activities
(2,296
)
2,316
(602
)
Net (decrease) increase in cash and cash equivalents
(6,626
)
28,894
(30,904
)
Cash and cash equivalents:
Beginning of year
47,639
18,745
49,649
End of year
$
41,013
47,639
18,745
See accompanying notes to statutory financial statements.
9
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(1)
Organization and Nature of Operations
Allianz Life Insurance Company of New York (the Company)
is a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life), which is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA). AZOA is a wholly-owned subsidiary
              of Allianz Europe, B.V., which is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European company registered in Munich, Germany, and is the Company's ultimate parent.
The Company is a life insurance company licensed to sell annuity, group and individual life,
              individual long-term care (LTC), and group accident and health policies in six states and the District of Columbia. Based on statutory net premium written, the Company's business is predominately annuity. The annuity business consists of
              variable-indexed and variable annuities. Accident and health business consists principally of LTC insurance. The Company has discontinued selling fixed annuity, life, and LTC products. The Company's primary distribution channel is through
              broker-dealers.
After evaluating the Company's ability to continue as a going concern, management is not aware of
              any conditions or events which raise substantial doubts concerning the Company's ability to continue as a going concern as of the date of filing these Statutory Financial Statements.
(2)
Summary of Significant Accounting Policies
(a)
Basis of Presentation
The Statutory Financial Statements have been prepared in accordance with accounting practices
              prescribed or permitted by the New York State Department of Financial Services (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the
              financial condition and results of operations of an insurance company and its solvency under New York insurance law. The state of New York has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of statutory accounting principles (SAP). The state of New York has also adopted
              certain prescribed accounting practices that differ from those found in NAIC SAP. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from
              accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.
The more significant of these differences are as follows:
(1)
Acquisition costs, such as commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current
                      operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance contracts are capitalized and charged to operations as the corresponding revenues or future profits are
                      recognized.
(2)
Aggregate reserves for life policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions
                      without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.
(3)
Ceded reinsurance recoverable are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life
                      policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, these ceded reserves are presented on a gross basis as an asset.
(4)
Bonds are carried at values prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the
                      lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as "available-for-sale" are carried at fair value, with unrealized gains and losses recorded in stockholder's equity.
(5)
Changes in deferred income taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are recorded as an item of income tax
                      benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted
                      portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.
10
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(6)
The Company is required to establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides
                      for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains
                      and losses resulting from changes in the level of prevailing market interest rates and amortize them into income within the Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the
                      unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.
(7)
Certain assets designated as "nonadmitted assets" are not recognized and are charged directly to Unassigned surplus within the Statutory Statements
                      of Capital and Surplus.
These include, but are not limited to
, furniture and fixtures, prepaid expenses,
                      receivables outstanding greater than 90 days, negative IMR, and portions of DTAs.
There is no such concept under U.S. GAAP.
(8)
A provision is made for amounts ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct
                      charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S. GAAP.
(9)
Revenues for universal life policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the
                      Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as
                      revenues when earned.
(10)
Benefits for universal life policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist
                      of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in excess of the policyholder's contract balance.
(11)
Changes in the fair value of derivatives are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital
                      gains (losses) within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, changes in the fair value of derivatives are recorded in derivative income (loss) as part of operating income.
(12)
Commissions allowed by reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S.
                      GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs.
(13)
The Statutory Financial Statements do not include a statement of comprehensive income as required under U.S. GAAP.
(14)
The Statutory Statements of Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided
                      from operating activities is not provided.
(15)
The calculation of reserves and transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method
                      (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.
(16)
Sales inducements and premium bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets,
                      Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged
                      to operations as future profits are recognized in a manner similar to acquisition costs.
(17)
Negative cash balances are presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
                      These balances are presented as a liability under U.S. GAAP.
(18)
Embedded derivatives are not separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must
                      separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.
11
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(19)
For variable-indexed annuities,
the Department requires the Company to maintain a separate asset
                      portfolio to back related reserves. These assets and liabilities are required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets,
                      Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.
(b)
Permitted and Prescribed Statutory Accounting Practices
The Company is required to file annual statements with insurance regulatory authorities, which are
              prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as well as a variety of publications of the NAIC.
              Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a state, and may change in the future.
The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of
December 31, 2019
,
2018
, and
2017
.
(c)
Use of Estimates
The preparation of Statutory Financial Statements in conformity with NAIC SAP requires management
              to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of
December 31, 2019
and
2018
,
and the
              reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
              used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
(d)
Premiums and Annuity Considerations
Life premiums are recognized as income over the premium paying period of the related policies.
              Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts or policies.
(e)
Aggregate Reserves for Life Policies and Annuity Contracts
Reserves are principally calculated as the minimum reserves permitted by the state where the
              contract is issued for the year in which the contract is issued.
For the Company's fixed annuity product lines, reserves are calculated using CARVM. The Company
              uses both issue year for fixed-indexed and change in fund basis for deferred fixed-interest annuities for the calculation method, on a continuous basis, using the maximum allowable interest rate. Deferred fixed-indexed and fixed-interest
              annuities only have a single-tier structure, which may include bonuses.
For the Company's variable and variable-indexed annuity product lines, reserves are calculated
              using Actuarial Guideline XLIII – CARVM for Variable Annuities (AG43), for guaranteed benefits with adequacy confirmed using stochastic scenario testing. Variable deferred annuities include a wide range of guaranteed minimum death benefits
              and living benefits (income, accumulation, and withdrawal).
Aggregate reserves for life insurance policies are principally calculated using the Commissioners
              Reserve Valuation Method (CRVM). Additional reserves are held for supplemental benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial guidelines.
The Company performs an annual asset adequacy analysis as required by regulation covering
              substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth scenarios. Sensitivity tests, including policy
              lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy.
The results of
              these tests and analysis support the conclusion that no additional asset adequacy reserves are required or recorded at
December 31, 2019
and
2018
, respectively. For the universal life business, the Department's Regulation 147 –
Valuation of Life
              Insurance Reserves
stand-alone asset adequacy analysis was
12
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
performed, which resulted in establishing additional reserves of
$100
as of
December 31, 2019
and
2018
, respectively.
(f)
Aggregate Reserves for Accident and Health Policies
For accident and health business, reserves consist of active life reserves (mainly reserves for
              unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the present value of amounts not yet due). Claim reserves represent incurred but unpaid claims under group policies.
For the LTC business, the Department's Regulation 56 –
Minimum Reserves for Individual Accident and Health Insurance Policies
stand‑alone asset adequacy analysis was performed through a gross premium valuation. The testing under the "sound value" requirements resulted in establishing additional reserves of
$26,948
and
$14,303
as of
December 31,
              2019
and
2018
, respectively.
(g)
Deposit-type Contracts
Deposit-type contracts represent liabilities to policyholders in a payout status, who have chosen
              a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have insurance risk. The Company accounts for the contract
              as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(h)
Policy and Contract Claims
Policy and contract claims include the liability for claims reported but not yet paid, claims
              incurred but not yet reported (IBNR), and claim settlement expenses on the Company's accident and health business. Actuarial reserve development methods are generally used in the determination of IBNR liabilities. In cases of limited
              experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim liabilities resulting from disability income or
              LTC benefits include interest and mortality discounting.
(i)
Reinsurance
The Company cedes business to other insurers.
Reinsurance

              premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from reinsurers represent account
              balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in Other assets on the Statutory
              Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(j)
Investments
Investment values are determined in accordance with methods prescribed by the NAIC.
Bonds
The Securities Valuation Office (SVO) of the NAIC evaluates the credit quality of the Company's
              bond investments. Bonds rated at "1" (highest quality), "2" (high quality), "3" (medium quality), "4" (low quality), or "5" (lower quality) are reported at cost adjusted for the amortization of premiums, accretion of discounts, and any
              impairment. Bonds rated at "6" (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory Statements of Capital and Surplus.
In accordance with its investment policy, the Company invests primarily in high-grade marketable
              securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.
Loan-backed securities and structured securities are amortized using anticipated prepayments, in
              addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company believes these assumptions are consistent with those a
              market participant would use. The Company recognizes income using the modified scientific method based on
13
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
prepayment assumptions and the estimated economic life of the securities.
For structured securities, except impaired bonds,
when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to
              reflect actual payments to date and anticipated future payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations.
For impaired
              bonds,
when adjustments are made for anticipated prepayments and other expected changes in future cash flows, the effective yield is recalculated using the prospective method as required by
              Statement of Statutory Accounting Principles (SSAP) No. 43R –
Loan Backed and Structured Securities
(SSAP No. 43R).
Hybrid securities are investments structured to have characteristics of both stocks and bonds. The
              Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Gross realized gains and losses are computed based on the average amortized cost of all lots held
              for a particular CUSIP.
The fair value of bonds
is obtained from third-party
              pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources used by the Company's internal and
              external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results of the IPV process are reviewed by
              the Company's Pricing Committee.
Allianz Life reviews its entire combined investment portfolio, including the investment portfolios
              of the Company and all other subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary.
For bonds for which the fair value is less than amortized cost, the Company evaluates whether a
              credit loss exists by considering primarily the following factors: (a) the length of time and extent to which the fair value has been less than the amortized cost of the security; (b) changes in the financial condition, credit rating, and
              near-term prospects of the issuer; (c) whether the issuer is current on contractually obligated interest and principal payments; (d) changes in the financial condition of the security's underlying collateral, if any; and (e) the payment
              structure of the security. For loan-backed securities, the Company must allocate other-than-temporary impairments (OTTI) between interest and noninterest-related declines in fair value. Interest-related impairments are considered other than
              temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a prohibited disposal list that restricts the ability of the investment managers to sell securities in a
              significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain securities.
Impairments considered to be other-than-temporary are recorded as a reduction of the cost of the
              security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is subject to potential offset by AVR and IMR.
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand, demand deposits, and government money market
              funds.
Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value.
Policy Loans
Policy loans are supported by the underlying cash value of the policies. Policy loans are carried
              at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess of the cash surrender values of the related
              policies.
Receivables for Securities
Receivables and payables for securities are carried at fair value on the trade date and represent
              a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are included in
Receivables for securities
and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
14
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(k)
Derivatives
The Company utilizes derivatives within certain actively managed investment portfolios for hedging
              purposes.
Futures and Options Contracts
The Company provides benefits through certain annuity products which are linked to the fluctuation
              of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has entered into over-the-counter (OTC) option contracts
and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these benefits. Management monitors in-force amounts as well as option and
              futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option and futures contracts as deemed appropriate or take other actions.
The OTC option contracts
are reported at fair value in
              Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to be reasonable via
              performing an IPV process. The process of deriving internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to
              calculate fair value prices for the derivatives.
Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the
              Statutory Statements of Operations. The liability for the related policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized
              gain or loss on open OTC option contracts is recognized as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Any unrealized gains or losses on open OTC option contracts are recognized as
              realized when the contracts mature (see Note 5 for further discussion).
Futures contracts do not require an initial cash outlay, and the Company has agreed to daily net
              settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting variation margin payable or receivable is
              recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing market movements on the last trading day of
              the year.
Gains and losses are not considered realized until the termination or expiration of the futures
              contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains (loss). Realized gains and losses on futures
              contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.
In 2018, NAIC SAP issued an update to SSAP No. 86 –
Derivatives
(SSAP No. 86) clarifying treatment of futures gains and losses, see Note 3
for further discussion. In 2017, futures gains
              and losses are included in Net realized capital gain (loss) in the 2017 Statutory Statements of Operations.
Interest Rate Swaps and Total Return Swaps
The Company utilizes interest rate swaps (IRS) and total return swaps (TRS) also to economically
              hedge market risks embedded in certain annuities. IRS and TRS contracts are reported at fair value in Derivative assets or Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair
              value of the IRS are derived using a third-party vendor software program and deemed by management to be reasonable.
Centrally cleared IRS fair values are obtained from the exchange on which they are
              traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains and losses on the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory
              Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are disposed at which time they are recorded as realized, subject to offset by IMR.
15
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
In March 2018, the Company changed its hedging strategy for certain variable annuities, which
              resulted in the sale of its IRS portfolio. See Note 5(f) for further details on the sale.
(l)
Income Taxes
The Company files a consolidated federal income tax return with AZOA.
The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant to certain tax
              allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement.
The Company
generally will be paid for the tax benefit of any of their tax attributes used by any member of the consolidated group.
The Company provides for federal income taxes based on amounts the Company
              believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate deductibility of certain
              items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted Assets, Liabilities, and
              Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and circumstances regarding tax
              exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns. Information considered includes
              results of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.
The Company utilizes the asset and liability method of accounting for income taxes. DTAs and
              deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their
              respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the
state of New
              York.
Changes in DTAs and DTLs, including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus.
(m)
Separate Accounts
Separate account assets and liabilities are primarily funds held for the exclusive benefit of
              variable and variable-indexed annuity contract holders for which investment income and investment gains and losses accrue directly to and the investment risk is borne by contract holders. Separate account assets are reported at fair value in
              accordance with SSAP No. 56 –
Separate Accounts
(SSAP No. 56)
, with the exception of certain
              bonds, cash, cash equivalents, and investment income due and accrued. Certain assets that are allocated to the index options for the Allianz Index Advantage New York Variable Annuity (VIA) are invested in bonds and cash equivalents and
              carried at amortized cost in accordance with the product filing requirements in the state of New York.
Amounts due from separate accounts primarily represent the difference between the surrender value
              of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the Company upon the
              surrender of the policy or contract by the policyholder or contract holder as of December 31. Amounts charged to the contract holders for mortality and contract maintenance, and other administrative services fees are included in income within
              Fees from separate accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed
              and earned.
16
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(n)
Receivables
Receivable balances approximate estimated fair values. This is based on pertinent information
              available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables.
Any balances
              outstanding more than 90 days are nonadmitted on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(o)
Reclassifications
Certain prior year balances have been reclassified to conform to the current year presentation.
              These reclassifications did not change total admitted assets, capital and surplus, or net income as previously reported.
(3)
Accounting Changes and Corrections of Errors
Accounting Changes
Variable-Indexed Annuity Basic Adjusted Reserve Calculation
In 2018, the Company changed its methodology used to calculate the Basic Adjusted Reserve for
              variable-indexed annuities to utilize the guaranteed cap instead of the projected index option. The prior period impacts of the methodology change were recorded in 2018 and resulted in a pre-tax decrease of $4,040 to Policyholder liabilities
              for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus of $3,191 is recorded in Change in accounting principle, net of tax within
              the Statutory Statements of Capital and Surplus.
Recently Issued Accounting Standards – Adopted
in
2019
Not applicable.
Recently Issued Accounting Standards – Adopted
in
2018
In 2017, the NAIC adopted revisions to SSAP No. 86. These revisions clarify that variation margin
              changes should not be recognized as "settlement" until the derivative contract has terminated and instead should be recognized as an adjustment to the carrying value of the derivative contract as a separate asset or liability. The revisions
              are effective January 1, 2018 with prospective application. Upon adoption, the Company reflected a prospective change in variation margin for all futures contracts as unrealized until sale, maturity, or expiration, resulting in
a pre-tax decrease of $7,969 to net income and no impact to surplus for the year ended December 31, 2018.
Recently Issued Accounting Standards – To Be Adopted
In 2016, the NAIC adopted revisions to SSAP No. 51R, Life Contracts and SSAP No. 54, Individual
              and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for principles based reserving for Life and Heath
              contracts. The Valuation Manual is part of the Department Regulation 213. Final adoption of the First Amendment to Regulation 213 was published February 2020 and provides the following revisions: 1) VM-20, Requirements for Principle-Based
              Reserves for Life Products, is effective January 1, 2020. However, an insurer may request a one-year delay in adopting this standard. The Company intends to submit such a request and adopt this update January 1, 2021 for business issued on or
              after this date. 2) VM-22, Statutory Maximum Valuation Interest Rates for Income Annuities, VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company
              does not issue these contracts.
In August 2019, the NAIC adopted SSAP No. 22R, Leases. This revised standard is a substantive
              revision, reorganization, and clarification of SSAP No. 22. It also adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. The revisions are effective January 1, 2020 with
              early adoption permitted. The Company will adopt the amendment as of January 1, 2020 and does not expect an impact on net income or surplus as a result of adopting the revised standard.
17
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Corrections of Errors
The Company records correction of errors in accordance with SSAP No. 3 –
Accounting Changes and Correction of Errors
(SSAP No. 3). SSAP No. 3 prescribes that the correction of errors in previously issued Statutory
              Financial Statements will be reported as an adjustment to capital and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus.
During 2017, the Company identified an error in its policy administration system whereby surrender
              charges were not properly calculated for certain variable annuities. The error resulted in a $1,695 pre-tax understatement of Policyholder liabilities for Life policies and annuity contracts, a $6,206 pre-tax understatement of Due from
              separate accounts, both within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and a corresponding after-tax $2,932 understatement of net income and capital and surplus in 2016. Policyholder liabilities for
              Life policies and annuity contracts and Due from separate accounts both within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and Correction of errors, net of tax within the Statutory Statements of Capital
              and Surplus have been adjusted in 2017 to correct for the prior period impact.
(4)
Risk Disclosures
The following is a description of the significant risks facing the Company and how it attempts to
              mitigate those risks:
(a)
Credit Risk
Credit risk is the risk that issuers of fixed-income securities, or other parties with whom the
              Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in unexpected credit losses.
The Company mitigates this risk by adhering to investment policies and limits that provide
              portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The Company considers all relevant objective
              information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The aggregate credit risk is influenced by
              management's risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.
For derivative counterparties, the Company mitigates credit risk by tracking and limiting exposure
              to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and monitoring the
credit default swaps (CDS)
of each counterparty as an early warning signal to cease trading when credit default swap spreads imply severe impairment in credit quality.
The Company executes Credit Support Annexes (CSA) with all active and new counterparties which
              further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a clearinghouse thereby transferring counterparty risk
              from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.
(b)
Credit Concentration Risk
Credit concentration risk is the risk of increased exposure to significant asset defaults (of a
              single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single jurisdiction) affecting credit.
The Company's Finance Committee, responsible for asset/liability management (ALM) issues,
              recommends an investment policy to the Company's Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset class. The investment policy and
              accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state statutes.
18
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Compliance with the policy is monitored by the Finance Committee who is responsible for
              implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and, subsequently, the BOD review the investment policy at least annually.
To further mitigate this risk, internal concentration limits based on credit rating and sector are
              established and are monitored regularly
by Allianz Life on a consolidated basis.
Any ultimate obligor group exceeding these limits is placed on a
              restricted list to prevent further purchases, and the excess exposure may be actively sold down to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further,
              the Company performs a quarterly concentration risk calculation to ensure compliance with
the State of New York basket clause.
(c)
Liquidity Risk
Liquidity risk is the risk that unexpected timing or amounts of cash needed will require
              liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual guarantees. Liquidity risk also includes the
              risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be affected by the maturity of liabilities, the presence of withdrawal penalties, the breadth of funding sources,
              and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are cancelable.
The Company manages liquidity within four specific domains: (1) monitoring product development,
              product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company's derivative dynamic economic hedging activities; and (4) establishing
a liquidity facility with Allianz Life to provide additional liquidity.
The Company has established liquidity risk limits, which are approved by the Company's Risk
              Committee, and the Company monitors its liquidity risk regularly.
(d)
Interest Rate Risk
Interest rate risk is the risk that movements in interest rates or interest rate volatility will
              cause a decrease in the value of an insurer's assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.
The Company has an ALM strategy to align cash flows and duration of the investment portfolio with
              policyholder liability cash flows and duration.
Allianz Life monitors the economic and accounting impacts of interest rate stress scenarios on assets and liabilities on a consolidated basis
              regularly and on the Company's specific basis periodically.
(e)
Equity Market Risk
Equity market risk is the risk that movements in equity prices or equity volatility will cause a
              decrease in the value of an insurer's assets relative to the value of its liabilities.
Variable annuity products may provide a minimum guaranteed level of benefits irrespective of
              market movements. The Company has adopted an economic hedging program to manage the equity risk of these products.
Allianz Life
monitors the impacts of equity stress
              scenarios on assets and liabilities
on a consolidated basis regularly and on the Company's specific basis periodically.
Basis risk is the risk that variable annuity hedge asset value changes unexpectedly relative to
              the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company's inability to directly hedge the underlying investment options of the variable annuity contracts. The Company
              regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.
(f)
Operational Risk
Operational risk is the risk of loss resulting from inadequate or failed internal processes and
              systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories:
19
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(1) external fraud; (2) internal fraud; (3) employment practices and workplace safety; (4)
              clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is comprehensively managed through a
              combination of core qualitative and quantitative activities.
The Operational Risk Management framework includes the following key activities: (1) an
              Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) loss data capture to create transparency and gather information about losses that
              meet a designated threshold. Business owners are required to identify and resolve the root cause of operational loss events; and (3) an integrated risk and control system, a bottom-up risk assessment process for significant operational risk
              scenarios, to proactively manage significant operational risk scenarios throughout the organization.
(g)
Regulatory Change Risk
Regulatory change risk is the risk that regulatory changes and imposed regulation, including tax
              law changes, may materially impact the Company's business model, sales levels, and ability to effectively comply with regulations.
The Company actively monitors all regulatory changes and participates in national and
              international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process exists to review, analyze, and implement new
              legislation as it is enacted.
(h)
Rating Agency Risk
Rating agency risk is the risk that rating agencies change their outlook or rating of the Company
.
The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of changes in
              these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the impact of
              significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk.
(i)
Mortality/Longevity Risk
Mortality/longevity risk is the risk that mortality experience is different than the life
              expectancy assumptions used by the Company to price its products.
The Company mitigates mortality risk primarily through reinsurance, whereby the Company cedes a
              significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through the review of life expectancy assumptions and
              experience in conjunction with active product management.
(j)
Lapse Risk
Lapse risk is the risk that actual lapse experience evolves differently than the assumptions used
              for pricing and valuation exercises leading to a significant loss in Company value and/or income.
The Company mitigates this risk by performing sensitivity analysis at the time of pricing to
              affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as experience evolves. Policyholder experience is monitored
              regularly.
(k)
Cyber Security Risk
Cyber security risk is the risk of losses due to external and/or internal attacks impacting the
              confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery measures including firewalls, intrusion detection
              and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and
20
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
laptop encryption, web content filtering, web application firewalls, and regular scanning of all
              servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access.
(l)
Reinsurance Risk
Reinsurance risk is the risk that reinsurance companies default on their obligation where the
              Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management.
Reinsurance contracts do not relieve the Company from its obligations to policyholders. Failure of
              reinsurers to honor their obligations could result in losses to the Company.
The Company mitigates this risk by requiring certain counterparties to meet thresholds related to
              the counterparty's credit rating, exposure, or other factors. If the thresholds are not met by those counterparties, they are required to establish a trust or letter of credit backed by assets meeting certain quality criteria. All
              arrangements are regularly monitored to determine whether trusts or letters of credit are sufficient to support the ceded liabilities and that their terms are being met. Also, the Company reviews the financial standings and ratings of its
              reinsurance counterparties and monitors concentrations of credit risk to minimize its exposure to significant losses from reinsurer insolvencies regularly.
(5)
Investments
(a)
Bonds and Other Assets Receiving Bond Treatment
At December 31, the amortized cost, gross unrealized gains, gross unrealized
              losses, and fair values of investments
are shown below:
2019
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S. government
$
70,170
432
77
70,525
States and political subdivisions
7,092
686
—
7,778
Corporate securities
338,916
31,107
10
370,013
Mortgage-backed securities
138,688
5,194
2
143,880
Total
$
554,866
37,419
89
592,196
2018
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S. government
$
93,112
291
292
93,111
States and political subdivisions
7,419
265
161
7,523
Corporate securities
352,166
9,285
7,514
353,937
Mortgage-backed securities
151,065
700
2,230
149,535
Total
$
603,762
10,541
10,197
604,106
At
December 31, 2019
and
2018
, the Company did not have NAIC-6 rated bonds.
At
December 31, 2019
and
2018
,
the Company did not have any hybrid securities
.
As of
December 31, 2019
and
2018
, investments with a statement value of
$1,667
and
$1,672
, respectively were held on deposit as required by statutory regulations.
21
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
The amortized cost and fair value of bonds and other assets receiving bond treatment reported in
              the statutory Annual Statement Schedule D Part 1A at
December 31, 2019
,
by contractual maturity, are shown below:
Amortized cost
Fair value
Due in 1 year or less
$
26,348
26,647
Due after 1 year through 5 years
191,538
196,223
Due after 5 years through 10 years
97,396
104,272
Due after 10 years
100,896
121,173
Loan-backed and other structured securities
138,688
143,881
Total bonds and other assets receiving bond treatment
$
554,866
592,196
Expected maturities will differ from contractual maturities, because borrowers may have the right
              to call or prepay obligations with or without call or prepayment penalties.
Proceeds from sales of bonds includes sales, maturities, paydowns, and other redemptions of bonds
              and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below:
2019
2018
2017
Proceeds from sales
$
149,505
119,948
76,300
Gross gains
1,314
299
128
Gross losses
481
2,061
177
For the years ended
December 31, 2019
and
2018
, there were
7
and
6
CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of
              investment income generated as a result of these transactions was
$212
and
$204
for
2019
and
2018
, respectively.
The Company's bond portfolio includes mortgage-backed securities. Due to the high quality of these
              investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.
(b)
Unrealized Investment Losses
To determine whether or not declines in fair value are other than temporary, Allianz Life performs
              a quarterly review of its entire combined investment portfolio, including the Company as their subsidiary, using quoted market prices by third-party sources. For further discussion, see Notes 2 and 6.
Unrealized losses and the related fair value of investments held by the Company for the years
              ended December 31 are shown below:
2019
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S. government
$
12,753
77
—
—
12,753
77
Corporate securities
495
2
273
8
768
10
Mortgage-backed securities
2,011
2
—
—
2,011
2
Total temporarily impaired securities
$
15,259
81
273
8
15,532
89
22
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
2018
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S. government
$
40,522
144
7,806
148
48,328
292
States and political subdivisions
4,278
161
—
—
4,278
161
Corporate securities
154,286
4,658
41,844
2,856
196,130
7,514
Mortgage-backed securities
70,164
848
35,931
1,382
106,095
2,230
Total temporarily impaired securities
$
269,250
5,811
85,581
4,386
354,831
10,197
As of
December 31, 2019
and
2018
, the number of bonds that were in an unrealized loss position was
6
and
145
, respectively.
As of
December 31, 2019
and
2018
, of the total amount of unrealized losses,
$80
, or
90.4%
, and
$9,824
, or
96.3%
, respectively, are related to unrealized losses on investment grade securities.
Investment grade is defined as a
              security having an NAIC SVO credit rating of 1 or 2. Unrealized losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met,
              management continues to expect all contractual cash flows to be received and does not consider these investments to be other-than-temporarily impaired.
(c)
Realized Investment Gains (Losses)
Net realized capital gains (losses) for the years ended December 31 are shown below:
2019
2018
2017
Bonds
$
784
(2,125
)
(306
)
Derivatives
(70,151
)
(37,022
)
(21,508
)
Other
4
27
55
Total realized capital losses
(69,363
)
(39,120
)
(21,759
)
Income tax (expense) benefit on net realized losses
(118
)
335
223
Total realized capital losses, net of taxes
(69,481
)
(38,785
)
(21,536
)
Net gains (losses) transferred to IMR, net of taxes
614
(46,002
)
18,196
Net realized (losses) gains, net of taxes and IMR
$
(70,095
)
7,217
(39,732
)
(d)
Net Investment Income
Major categories of net investment income for the years ended December 31 are shown below:
2019
2018
2017
Interest:
Bonds
$
21,636
22,183
23,972
Policy loans
13
(12
)
22
Cash, cash equivalents, and short-term investments
686
779
278
Derivatives
—
990
9,837
Other
52
30
35
Gross investment income
22,387
23,970
34,144
Investment expenses
(974
)
(691
)
(847
)
Net investment income before amortization of IMR
21,413
23,279
33,297
Amortization of IMR
(1,547
)
(6
)
1,124
Net investment income
$
19,866
23,273
34,421
23
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(e)
Loan-Backed Securities
SSAP No. 43R requires the bifurcation of impairment losses on loan-backed or structured securities
              into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis of the security. The interest portion is
              the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.
The Company had no loan-backed securities with a recognized OTTI for the years ended
December 31, 2019
and
2018
.
(f)
Derivatives and Hedging Instruments
The Company does not have derivative contracts with financing premium.
Derivatives held by the Company do not qualify for hedge accounting treatment.
In March 2018, the Company changed its hedging strategy for certain variable annuities, which
              resulted in the sale of its IRS portfolio. As a result of the sale, the Company recorded a realized loss of $56,161 that was offset by IMR of $44,367 and a tax benefit of $11,794. The sale resulted in a negative IMR balance that was
              reclassified to an asset and fully nonadmitted.
In September 2017, the Company restriked a portion of its IRS portfolio that hedges variable
              annuity liabilities. The restrike transaction included selling a portion of the Company's IRS portfolio to consolidate its net positions. As a result of this transaction, net gains of $28,282, fully offset by taxes and IMR, were recorded
              within the Net realized capital losses, net of taxes and IMR on the Statutory Statements of Operations.
Futures and Options Contracts
OTC options
are cleared through the Options Clearing
              Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures and
OTC options
are discussed in the derivative collateral management section below.
Interest Rate Swaps
The Company can receive the fixed or variable rate; IRS are traded in varying maturities. The fair
              values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below.
Total Return Swaps
The Company engages in the use of OTC TRS,
which allow the parties to exchange cash flows based on a variable reference rate such as the three-month LIBOR and the return of an underlying index.
The fair value of
              the collateral posted for OTC TRS is discussed in the derivative collateral management section below.
The following table presents a summary of the aggregate notional amounts and fair values of the
              Company's derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of
December 31
:
2019
2018
Gross Fair Value
Gross Fair Value
Notional
(1)
Assets
Liabilities
Notional
(1)
Assets
Liabilities
OTC options
$
194,850
283
—
123,225
190
(174
)
Futures
238,907
—
—
336,519
—
—
TRS
8,000
—
—
14,000
—
—
Total derivative instruments
$
283
—
190
(174
)
(1)
Notional amounts are presented on an absolute basis.
24
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Derivative Collateral Management
The Company manages derivative collateral for the general account and separate account combined
              and separate collateral for exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at
December 31, 2019
and
2018
, had a fair value of
$24,773
and
$55,551
, respectively,
and is included in Bonds on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but the collateral resides in an account designated by the exchange. The collateral is subject to specific
              exchange rules regarding rehypothecation.
The Company had no collateral posted for OTC derivatives as of
December 31, 2019
and
2018
.
The Company posts collateral to OTC counterparties based upon exposure amounts. The
              Company retains ownership of the OTC collateral.
(g)
Offsetting Assets and Liabilities
The Company elects to disclose derivative assets and liabilities eligible for offset under SSAP
              No. 64 –
Offsetting and Netting of Assets and Liabilities
on a gross basis on the Statutory Statements of Admitted Assets, Liabilities,
              and Capital and Surplus in accordance with the provisions set forth in SSAP No. 86. This treatment is consistent with the Company's historical reporting presentation.
(h)
Restricted Assets
As of
December 31, 2019
,
the Company had the following restricted assets, including assets pledged to others as collateral:
Gross Restricted
Percentage
Total general account
Total from prior year
Increase (decrease)
Total current year admitted restricted
Gross restricted to total assets
Admitted restricted to total admitted assets
On deposit with states
$
1,667
1,672
(5
)
1,667
—
%
—
%
Derivative collateral
24,310
55,569
(31,259
)
24,310
0.6
0.6
Total restricted assets
$
25,977
57,241
(31,264
)
25,977
0.6
%
0.6
%
(6)
Fair Value Measurements
SSAP No. 100R –
Fair Value
establishes a fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.
Level 1 – Unadjusted quoted prices for identical assets or liabilities in
              active markets that the Company has the ability to access at the measurement date.
Level 2 – Valuations derived from techniques that utilize observable inputs,
              other than quoted prices included in Level 1, which are observable for the asset or liability either directly or indirectly, such as:
(a) Quoted prices for similar assets or liabilities in active markets.
(b) Quoted prices for identical or similar assets or liabilities in markets
              that are not active.
(c) Inputs other than quoted prices that are observable.
(d) Inputs that are derived principally from or corroborated by observable
              market data by correlation or other means.
Level 3 – Valuations derived from techniques in which the significant inputs
              are unobservable. Level 3 fair values reflect the Company's own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).
The Company has analyzed the valuation techniques and related inputs, evaluated its assets and
              liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of
25
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
market inputs. Based on the results of this evaluation and investment class analysis, each
              financial asset and liability was classified into Level 1, 2, or 3.
The following presents the assets and liabilities measured at fair value on a recurring basis and
              their corresponding level in the fair value hierarchy at
December 31:
2019
Level 1
Level 2
(a)
Level 3
Total
Assets at fair value
Derivative assets
$
—
283
—
283
Separate account assets
2,295,709
125,436
—
2,421,145
Total assets reported at fair value
2,295,709
125,719
—
2,421,428
Liabilities at fair value
Separate account derivative liabilities
—
51,037
—
51,037
Total liabilities reported at fair value
$
—
51,037
—
51,037
(a)
The
                          Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within this table.
2018
Level 1
Level 2
(a)
Level 3
Total
Assets at fair value
Derivative assets
$
—
190
—
190
Separate account assets
2,128,031
11,846
—
2,139,877
Total assets reported at fair value
2,128,031
12,036
—
2,140,067
Liabilities at fair value
Derivative liabilities
—
174
—
174
Separate account derivative liabilities
—
36,644
36,644
—
36,644
Total liabilities reported at fair value
$
—
36,818
—
36,818
(a)
The
                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.
The following is a discussion of the methodologies used to determine fair values for the assets
              and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability).
The Company has not made changes to valuation techniques in
2019
.
(a)
Valuation of Derivatives
Active markets for OTC options do not exist. The fair value of OTC options is derived internally,
              by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario calibrator, and the actual asset pricing
              calculator. The valuation results are reviewed by Management via the Pricing Committee.
OTC options that are internally priced
and IRS are included in Level 2, because they use market observable inputs. TRS are included in Level 3 because they use valuation techniques in which significant inputs are unobservable.
The fair value of futures is based on quoted market prices and are generally included in Level 1.
26
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Certain derivatives are priced using external third-party vendors. The Company has controls in
              place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for reasonableness at the position level on a
              monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis.
(b)
Valuation of Separate Account Assets and Separate Account Derivative Liabilities
Separate account assets and Separate account derivative liabilities, with the
              exception of certain bonds, cash, cash equivalents and investment income due and accrued,
are carried at fair value, which is based on the fair value of the underlying assets. Funds in
              the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are included in Level 1 because
              their fair value is based on quoted prices in active, observable markets.
The remaining investments are categorized similar to
              the investments held by the Company in the general account (e.g., if the separate account invested in bonds, short-term investments and derivatives, that portion could be classified within Level 2 or Level 3).
Certain b
onds, cash and cash equivalents, along with related accrued investment income and receivables, carried at amortized cost within the separate account have an
              amortized cost of
$810,917
and
$538,087
as of
December 31, 2019
and
2018
, respectively, and a fair value of
$843,261
and
$523,900
as of
December

              31, 2019
and
2018
, respectively. Separate account assets carried at
              amortized cost are included in the table in section 6(g) below.
(c)
Level 3 Rollforward
The following table provides a reconciliation of the beginning and ending balances for the
              Company's Level 3 assets and liabilities measured at fair value on a recurring basis:
January 1, 2019
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and settlements
December 31, 2019
TRS asset
$
—
—
—
1,182
—
(1,182
)
—
Total Level 3 assets
—
—
—
1,182
—
(1,182
)
—
TRS liability
—
—
—
(1,827
)
—
1,827
—
Total Level 3 liabilities
$
—
—
—
(1,827
)
—
1,827
—
January 1, 2018
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and settlements
December 31, 2018
TRS asset
$
—
—
—
2,871
—
(2,871
)
—
Total Level 3 assets
—
—
—
2,871
—
(2,871
)
—
TRS liability
—
(1,709
)
—
1,709
—
Total Level 3 liabilities
$
—
—
—
(1,709
)
—
1,709
—
(d)
Transfers
The Company reviews its fair value hierarchy classifications annually. Transfers between levels
              occur when there are changes in the observability of inputs and market activity.
For the years ended
December 31, 2019
and
2018
, the Company did not have any transfers into or out of Level 3.
27
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(e)
Sensitivity of Fair Value Measurements to Changes in Unobservable Inputs
Bonds:
The primary unobservable
              input used in the discounted cash flow model is a corporate index option adjusted spread (OAS).
The corporate index OAS used is based on a security's sector, rating, and average life. A significant
              increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.
Derivative assets and liabilities:
The

              TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable input would generally include the
              spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used
              in the fair value of the TRS in isolation could result in lower (higher) fair value.
(f)
Estimates
The Company has been able to estimate the fair value of all financial assets and liabilities.
(g)
Aggregate Fair Value of Financial Instruments
The following tables present the carrying amounts and fair values of all financial instruments at
December 31
(b)
:
2019
Fair Value
Aggregate Fair Value
Admitted Assets/
Carrying Value
Level 1
Level 2
Level 3
Financial Assets
Bonds
$
592,196
554,866
70,525
521,671
—
Cash equivalents
43,050
43,050
43,050
—
—
Derivative assets
283
283
—
283
—
Separate account assets
3,264,406
3,232,062
2,320,888
943,518
—
Financial Liabilities
Deposit-type contracts
$
4,176
3,604
—
—
4,176
Other investment contracts
519,727
397,644
—
—
519,727
Separate account liabilities
3,264,406
3,232,062
2,320,888
943,518
—
(b)
The

                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.
2018
Fair Value
Aggregate Fair Value
Admitted Assets/
Carrying Value
Level 1
Level 2
Level 3
Financial Assets
Bonds
$
604,106
603,762
93,112
510,994
—
Cash equivalents
43,239
43,239
43,239
—
—
Derivative assets
190
190
—
190
—
Separate account assets
2,663,777
2,677,964
2,142,943
520,834
—
Financial Liabilities
Deposit-type contracts
$
3,163
2,879
—
—
3,163
Other investment contracts
564,551
415,179
—
—
564,551
Derivative liabilities
174
174
—
174
—
Separate account liabilities
2,663,777
2,677,964
2,142,943
520,834
—
(b)
The

                          Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.
28
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
A description of the Company's valuation techniques for financial instruments not reported at fair
              value and categorized within the fair value hierarchy is shown below:
Valuation of Bonds
The fair value of bonds is based on quoted market prices in active markets when available. Based
              on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are utilized to determine what a buyer in
              the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order of priority, include, but are not
              limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer quotes, issuer spreads, two-sided
              markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing models may be used that are based
              on market proxies.
Generally, U.S. Treasury securities and exchange-traded stocks are included in Level 1. Most bonds
              for which prices are provided by third-party pricing sources are included in Level 2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds without active trading markets and
              private placement securities that are internally priced are included in Level 3.
Valuation of Cash Equivalents
Cash equivalents are comprised of
money market mutual funds
.
The fair value of
money market mutual funds
is based on quoted market prices in active markets and included in Level 1
.
Valuation of Deposit-Type Contracts
Fair values of deposit-type contracts are based on discounted cash flows using internal inputs,
              including the discount rate and consideration of the Company's own credit standing and a risk margin for actuarial inputs.
Valuation of Other Investment Contracts
Other investment contracts are included within Life policies and annuity contracts within the
              Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include life contingencies, but do not have
              significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit standing and a risk margin for
              market inputs.
Valuation of Separate Account Liabilities
In accordance with SSAP No. 56, the fair value of separate account liabilities is set to equal the
              fair value of separate account assets.
29
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(7)
Income Taxes
(a)
Deferred Tax Assets and Liabilities
The components of the net DTA or net DTL are as follows:
December 31, 2019
Ordinary
Capital
Total
Total gross deferred tax assets
$
11,500
10
11,510
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
11,500
10
11,510
Deferred tax assets nonadmitted
(5,083
)
—
(5,083
)
Subtotal net admitted deferred tax assets
6,417
10
6,427
Deferred tax liabilities
(2,120
)
—
(2,120
)
Net admitted deferred tax assets
$
4,297
10
4,307
December 31, 2018
Ordinary
Capital
Total
Total gross deferred tax assets
$
7,569
105
7,674
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
7,569
105
7,674
Deferred tax assets nonadmitted
(409
)
—
(409
)
Subtotal net admitted deferred tax assets
7,160
105
7,265
Deferred tax liabilities
(4,184
)
—
(4,184
)
Net admitted deferred tax assets
$
2,976
105
3,081
Change
Ordinary
Capital
Total
Total gross deferred tax assets
$
3,931
(95
)
3,836
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
3,931
(95
)
3,836
Deferred tax assets nonadmitted
(4,674
)
—
(4,674
)
Subtotal net admitted deferred tax assets
(743
)
(95
)
(838
)
Deferred tax liabilities
2,064
—
2,064
Net admitted deferred tax assets
$
1,321
(95
)
1,226
30
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
The amount of admitted adjusted gross DTAs allowed under each component of SSAP No. 101 –
Income Taxes
(SSAP No. 101) as of December 31 are as follows:
December 31, 2019
Ordinary
Capital
Total
Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
10
10
Adjusted gross DTAs expected to be realized after application of the threshold limitations
Lesser of 11.b.i or 11.b.ii:
Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)
4,297
—
4,297
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
25,054
Lesser of 11.b.i or 11.b.ii
4,297
—
4,297
Adjusted gross DTAs offset by gross DTLs (11.c)
2,120
—
2,120
Deferred tax assets admitted
$
6,417
10
6,427
December 31, 2018
Ordinary
Capital
Total
Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
—
—
Adjusted gross DTAs expected to be realized after application of the threshold limitations
Lesser of 11.b.i or 11.b.ii:
Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)
2,976
105
3,081
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
33,100
Lesser of 11.b.i or 11.b.ii
2,976
105
3,081
Adjusted gross DTAs offset by gross DTLs (11.c)
4,184
—
4,184
Deferred tax assets admitted
$
7,160
105
7,265
Change
Ordinary
Capital
Total
Federal income taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
10
10
Adjusted gross DTAs expected to be realized after application of the threshold limitations
Lesser of 11.b.i or 11.b.ii:
Adjusted gross DTAs expected to be realized following the balance sheet date (11.b.i.)
1,321
(105
)
1,216
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
(8,046
)
Lesser of 11.b.i or 11.b.ii
1,321
(105
)
1,216
Adjusted gross DTAs offset by gross DTLs (11.c)
(2,064
)
—
(2,064
)
Deferred tax assets admitted
$
(743
)
(95
)
(838
)
31
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Ratios used for threshold limitation as of December 31 are as follows:
December 31
2019
2018
Change
Ratio percentage used to determine recovery period and threshold limitation amount
1,467
%
1,584
%
(117
)%
Amount of adjusted capital and surplus used to determine recovery period threshold limitation
$
167,029
220,666
(53,637
)
Impact of tax planning strategies on the determination of net admitted adjusted gross DTAs is as
              follows:
December 31, 2019
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)
—
%
—
%
—
%
December 31, 2018
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)
—
%
100.0
%
100.0
%
Change
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted gross DTAs)
—
%
(100.0
)%
(100.0
)%
The Company's tax planning strategies do not include the use of reinsurance.
(b)
Unrecognized Deferred Tax Liabilities
There are no temporary differences for which DTLs are not recognized.
(c)
Current and Deferred Income Taxes
The significant components of income taxes incurred (i.e. Current income tax expense) and the
              changes in DTAs and DTLs include:
December 31
2019
2018
2017
2019-2018 Change
2018-2017 Change
Current year federal tax (benefit) expense - ordinary income
$
(7,343
)
(292
)
3,333
(7,051
)
(3,625
)
Current year foreign tax (benefit) expense - ordinary income
—
—
—
—
—
Subtotal
(7,343
)
(292
)
3,333
(7,051
)
(3,625
)
Current year tax expense (benefit) - net realized capital gains (losses)
118
(335
)
(223
)
453
(112
)
Federal and foreign income taxes incurred
$
(7,225
)
(627
)
3,110
(6,598
)
(3,737
)
32
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
DTAs and DTLs consist of the following major components:
December 31
Deferred tax assets
2019
2018
Change
Ordinary:
Deferred acquisition costs
$
2,539
2,429
110
Policyholder reserves
8,168
5,133
3,035
Expense accruals
1
2
(1
)
Investments
745
—
745
Nonadmitted assets
47
5
42
Subtotal
11,500
7,569
3,931
Statutory valuation allowance adjustment
—
—
—
Nonadmitted ordinary deferred tax assets
(5,083
)
(409
)
(4,674
)
Admitted ordinary tax assets
6,417
7,160
(743
)
—
Capital:
—
Impaired assets
10
105
(95
)
Subtotal
10
105
(95
)
Statutory valuation allowance adjustment
—
—
—
Nonadmitted capital deferred tax assets
—
—
—
Admitted capital deferred tax assets
10
105
(95
)
Admitted deferred tax assets
$
6,427
7,265
(838
)
December 31
Deferred tax liabilities
2019
2018
Change
Ordinary:
Investments
$
(231
)
(2,003
)
1,772
Policyholder reserves
(1,862
)
(2,173
)
311
Deferred and uncollected premiums
(27
)
(8
)
(19
)
Subtotal
(2,120
)
(4,184
)
2,064
Capital:
Other
—
—
—
Subtotal
—
—
—
Deferred tax liabilities
(2,120
)
(4,184
)
2,064
Net deferred tax asset
$
4,307
3,081
1,226
The realization of the DTAs is dependent upon the Company's ability to generate sufficient taxable
              income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will be sufficient for the realization of the remaining
              DTAs.
The Tax Cuts and Jobs Act of 2017 (Tax Act of 2017) was enacted on December 22, 2017, thereby
              requiring various adjustments be reflected in the Statutory Financial Statements as of December 31, 2017. The Tax Act of 2017, among its many elements, lowers the corporate tax rate to 21%, a reduction from the historical 35% rate.
              Accordingly, the Company revalued its deferred tax inventory as of December 31, 2017 to reflect the lower tax rate, resulting in a decrease to its net deferred tax asset of $5,423 and a corresponding decrease to surplus as of December 31,
              2017. The change in the net deferred tax asset resulted in a decrease of the amount of deferred tax assets nonadmitted of $1,736 and a corresponding increase to surplus as of December 31, 2017.
In computing taxable income, life insurance companies are allowed a deduction attributable to
              their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes. The changes are effective for tax years beginning after 2017 and are
              subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.  Due to complexities in the new methodology and limited guidance from the Internal Revenue Service
33
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation
              associated with the changes in the computation of life insurance tax reserves based on information available at December 31, 2017.  Pursuant to Interpretation of the SAP Working Group 18-01:
Updated Tax Estimates under the Tax Cuts and Jobs Act
, provisional tax computations related to these amounts were reasonably estimated as of December 31, 2017 and have been
              adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31, 2019 and 2018.
The Change in net deferred income tax is comprised of the following (this analysis is exclusive of
              the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of Capital and Surplus):
December 31
2019
2018
Change
Net deferred tax assets
$
9,390
3,490
5,900
Statutory valuation allowance adjustment
—
—
—
Net deferred tax assets after statutory valuation allowance
9,390
3,490
5,900
Tax effect of unrealized gains/(losses)
(745
)
1,799
(2,544
)
Change in net deferred income tax
$
3,356
(d)
Reconciliation of Federal Income Tax Rate to Actual Effective Rate
The provision for federal income taxes incurred is different from that which would be obtained by
              applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:
December 31, 2019
December 31, 2018
December 31, 2017
Federal income tax rate
21.0
%
21.0
%
35.0
%
Amortization of IMR
1.6
—
(1.1
)
Dividends received deduction
(4.3
)
(1.9
)
(5.3
)
Tax hedges
0.7
(0.2
)
—
Tax hedge reclassification
(73.9
)
(19.3
)
(20.0
)
Non-deductible expenses
0.1
0.1
(0.1
)
Change in deferred tax on non-admitted assets
(0.2
)
—
0.1
Prior period adjustments
0.9
(1.0
)
(1.8
)
Change in deferred tax impairments
0.5
(0.3
)
—
Tax reform revaluation
(1)
—
—
8.8
Effective tax rate
(53.6
)%
(1.6
)%
15.6
%
Federal and foreign income taxes incurred
(2)
(36.8
)%
(0.7
)%
8.8
%
Change in net deferred income taxes
(16.8
)
(0.9
)
6.8
Effective tax rate
(53.6
)%
(1.6
)%
15.6
%
(1)
On

                          December 22, 2017, the United States passed the Tax Act of 2017, which reduced the corporate tax rate from 35% to 21% for tax years beginning after December 31, 2017. As a result, the deferred taxes recorded on the Statutory
                          Statements of Assets, Liabilities, and Capital and Surplus were revalued to reflect the reduction in the future corporate tax rate.
(2)
Tax

                          on capital gains (losses) is excluded from federal and foreign income taxes incurred and detailed in Note 5(c).
(e)
Carryforwards, Recoverable Taxes, and IRC Section 6603 Deposits
As of
December 31, 2019
,
there are no operating losses or tax credit carryforwards available for tax purposes.
There are no Federal income taxes available for recoupment in the event
              of future net losses.
There are no aggregate deposits admitted under Section 6603 of the IRC.
The Company had no tax contingencies computed in accordance with SSAP No. 101 as of
December 31, 2019
and
2018
.
34
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
The Company recognizes interest and penalties accrued related to unrecognized tax benefits in
              federal income tax expense.
During the years ended
December 31, 2019
and
2018
, the Company recognized no such expenses.
(f)
Consolidated Federal Income Tax Return
The Company's federal income tax return is consolidated with AZOA. The method of allocation
              between the subsidiaries of AZOA is subject to written agreement, approved by the Allianz Life Board of Directors. Allocation is based upon separate return calculations with current credit for net losses. Intercompany tax balances are settled
              annually after the consolidated return is filed.
The Company is included in the consolidated group for which AZOA files a federal income tax return
              on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to U.S. federal and non-U.S. income tax examinations for years prior to 2016, though examinations of combined returns filed by AZOA,
              which include the Company by certain U.S. state and local tax authorities, may still be conducted for 2016 and subsequent years. The last Internal Revenue Service (IRS) examination of AZOA involved the federal income tax return filed by AZOA
              for the 2015 tax year, which included carrybacks to the 2012 tax year. This examination concluded in October 2018 with the IRS only making one immaterial adjustment that increased the Company's tax liability for 2012 by approximately $530.
              The IRS has been engaged in an examination of AZOA's 2016 and 2017 income tax returns since late 2017 but no Proposed Adjustments related to the Company or any Revenue Agent Report has been received to date.
As of
December 31, 2019
,
the companies included in the consolidated group for which AZOA files a federal income tax return is included below:
Members of Consolidated Tax Group
Allianz Life Insurance Company of New York
Allianz Life Insurance Company of Missouri
Allianz Life Insurance Company of North America
Allianz Annuity Company of Missouri
AZOA Services Corporation
Allianz Underwriters Insurance Company
Allianz Global Risks US Insurance Company
AGCS Marine Insurance Company
Allianz Reinsurance of America, Inc.
William H. McGee & Co., Inc.
Allianz Technology of America, Inc.
Fireman's Fund Insurance Company
Allianz Renewable Energy Partners of America LLC
Fireman's Fund Indemnity Corporation
Allianz Renewable Energy Partners of America 2 LLC
National Surety Corporation
PFP Holdings, Inc.
Chicago Insurance Company
AZL PF Investments, Inc.
Interstate Fire & Casualty Company
Dresdner Kleinwort Pfandbriefe Investments II, Inc.
Associated Indemnity Corporation
Allianz Fund Investments, Inc.
American Automobile Insurance Company
Yorktown Financial Companies, Inc.
The American Insurance Company
Questar Capital Corporation
Allianz Risk Transfer, Inc.
Questar Asset Management, Inc.
Allianz Risk Transfer (Bermuda), Ltd.
Questar Agency, Inc.
(8)
Accident and Health Claim Reserves
Accident and health claim reserves are based on estimates that are subject to uncertainty.
              Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While management believes that reserves as of
December 31, 2019
,
are appropriate, uncertainties in the reserving process could
              cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any adjustments to reserves are reflected in the operating results of the periods in which they are made. Movements in reserves
              could significantly impact the Company's future reported earnings.
35
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
Activity in the accident and health claim reserves is summarized as follows:
2019
2018
2017
Balance at January 1, net of reinsurance recoverables of $529, $622, and $544, respectively
$
3,938
4,867
3,877
Incurred related to:
Current year
3,991
916
2,026
Prior years
749
(374
)
248
Total incurred
4,740
542
2,274
Paid related to:
Current year
211
81
85
Prior years
1,165
1,390
1,199
Total paid
1,376
1,471
1,284
Balance at December 31, net of reinsurance recoverables of
$
1,214, $529, and $622, respectively
$
7,302
3,938
4,867
Prior year incurred claim reserves for
2019
reflect unfavorable claim development as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business. Prior year incurred claim reserves for
2018
reflect favorable claim development as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business.
              Prior year incurred claims reserves for
2017
reflect unfavorable claim development as a result of re-estimation of unpaid claims and claim adjustment
              expenses, principally on individual LTC and group health lines of business.
(9)
Reinsurance
The Company primarily enters into reinsurance agreements to manage risk resulting from its life,
              annuity, and accident and health businesses, as well as businesses the Company has chosen to exit.
In the normal course of business, the Company seeks to limit its exposure to loss on any single
              insured and to recover a portion of benefits paid by ceding risks under excess coverage and coinsurance contracts.
The Company monitors the financial exposure and financial strength of the reinsurers on an ongoing
              basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain reinsurers.
The effect of reinsurance on reserves
and claims, for
              amounts recoverable from other insurers, was as follows:
For the years ended December 31,
Reduction in:
2019
2018
Aggregate reserves
$
5,537
4,473
Policy and contract claims
197
191
36
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
The Company assumed no business from other companies for the years ended
December 31, 2019
,
2018
, and
2017
. Life insurance, annuities, and accident and health business ceded to other companies are as follows:
Year ended
Direct amount
Ceded to other companies
Net amount
December 31, 2019
Life insurance in force
$
49,947
42,359
7,588
Premiums:
Life
807
655
152
Annuities
371,966
—
371,966
Accident and health
3,341
444
2,897
Total premiums
$
376,114
1,099
375,015
December 31, 2018
Life insurance in force
$
53,361
48,195
5,166
Premiums:
Life
922
744
178
Annuities
298,637
—
298,637
Accident and health
3,367
467
2,900
Total premiums
$
302,926
1,211
301,715
December 31, 2017
Life insurance in force
$
59,398
50,925
8,473
Premiums:
Life
983
781
202
Annuities
264,826
—
264,826
Accident and health
3,489
482
3,007
Total premiums
$
269,298
1,263
268,035
There are no nonaffiliated reinsurers owned in excess of 10% or controlled, either directly or
              indirectly, by the Company or by a representative, officer, trustee, or director of the Company.
There are no policies issued by the Company that have been reinsured with a company chartered in a
              country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged in the insurance business.
The Company does not have any reinsurance agreements in effect under which the reinsurer may
              unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits.
The Company does not have reinsurance agreements in effect such that the amount of losses paid or
              accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the same reinsurer, exceed the total direct premium
              collected under the reinsured policies.
The Company did not write off any uncollectible recoverables during
2019
,
2018
, and
2017
.
There were no commutations for the years ended December 31,
2019
and
2018
, respectively.
37
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(10)
Annuity
              Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics
Information regarding the Company's annuity actuarial reserves and deposit liabilities by
              withdrawal characteristics at December 31 is as follows:
2019
Percentage of total
2018
Percentage of total
Subject to discretionary withdrawal:
With market value adjustment
$
60,359
2
%
$
131,145
4
%
At book value less current surrender charges of 5% or more
738,120
21
524,493
17
At market value
2,297,154
65
2,042,626
68
Total with adjustment or at market value
3,095,633
88
2,698,264
89
At book value without adjustment (minimal or no charge or adjustment)
381,487
11
272,143
9
Not subject to discretionary withdrawal
65,387
2
46,654
2
Total gross
3,542,507
101
%
3,017,061
100
%
Reinsurance ceded
—
—
Total net
$
3,542,507
$
3,017,061
Reconciliation of total annuity actuarial reserves and deposit fund liabilities:
2019
2018
Life, Accident and Health Annual Statement:
Annuities, net (excluding supplementary contracts with life contingencies)
$
397,644
415,179
Supplemental contracts with life contingencies, net
18,688
17,533
Deposit-type contracts
3,604
2,879
Subtotal
419,936
435,591
Separate Accounts Annual Statement:
Annuities, net (excluding supplementary contracts with life contingencies)
3,121,880
2,580,835
Supplemental contracts with life contingencies, net
691
636
Subtotal
3,122,571
2,581,471
Total annuity actuarial reserves and deposit fund liabilities
$
3,542,507
3,017,062
38
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(11)
Life Actuarial Reserves by Withdrawal
              Characteristics
Information regarding the Company's life actuarial reserves by withdrawal characteristics at
              December 31 is as follows:
2019
Account value
Cash value
Reserve
Subject to discretionary withdrawal, surrender values, or policy loans:
Universal life
$
51
198
726
Indexed life
1,623
1,471
1,571
Other permanent cash value life insurance
538
538
538
Not subject to discretionary withdrawal or no cash values:
Term policies without cash value
XXX
XXX
264
Miscellaneous reserves
XXX
XXX
272
Total gross
2,212
2,207
3,371
Reinsurance ceded
—
—
11
Total net
(1)
$
2,212
2,207
3,360
(1)
Balances

                          reflected within this disclosure reside in the Company's general account; the Company's separate accounts do not contain Life business.
Reconciliation of total life actuarial reserves:
2019
Life, Accident, and Health Annual Statement:
Life insurance, net
$
3,088
Miscellaneous reserves, net
272
Total life actuarial reserves
$
3,360
(12)
Separate

              Accounts
The Company's separate accounts represent funds held for the benefit of contract holders entitled
              to payments under variable annuity contracts issued through the Company's separate accounts and underwritten by the Company.
As of
December 31, 2019
and
2018
, the Company's separate accounts are classified as nonguaranteed.
Information

              regarding the Company's separate accounts for the years ended December 31 is as follows:
2019
2018
Premiums, considerations, or deposits
$
352,992
298,627
Reserves for account, with assets at fair value
2,297,845
2,043,263
Reserves for account, with assets at amortized cost
824,726
538,208
Total reserves
3,122,571
2,581,471
By withdrawal characteristics:
At fair value
2,297,154
2,042,626
At book value without MV adjustment and with current surrender charge of 5% or more
737,371
523,083
At book value without MV adjustment and with current surrender charge of less than 5%
87,355
15,125
Subtotal
3,121,880
2,580,834
Not subject to discretionary withdrawal
691
637
Total
$
3,122,571
2,581,471
As of
December 31, 2019
and
2018
,
the Company's separate accounts included legally insulated assets and
              non-insulated assets attributed to the following products/transactions:
39
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
2019
2018
Product/transaction
Legally insulated
Not legally insulated
Legally insulated
Not legally insulated
Variable Annuities
$
2,194,429
—
2,037,206
—
Variable Annuities (Non-Unitized Non-Insulated)
—
1,037,633
—
640,758
Total
$
2,194,429
1,037,633
2,037,206
640,758
The Company's separate account liabilities contain guaranteed benefits. The liabilities for
              guaranteed benefits are supported by the Company's general account assets.
To compensate the general account for the risk taken, the separate account paid
              risk charges of
$37,538
,
$36,073
,
$33,270
,
$30,266
, and
$25,445
during the past five years, respectively. The general account of the Company paid
$1,019
,
$465
,
$13
,
$2,140
, and
$1,046
towards separate account guarantees during the past five years, respectively.
A reconciliation of net transfers to separate accounts for the years ended December 31 is included
              in the following table:
2019
2018
2017
Transfers as reported in the Summary of Operations of the Separate Accounts Annual Statement:
Transfers to separate accounts
$
352,992
298,627
264,695
Transfers from separate accounts
(217,517
)
(191,108
)
(209,986
)
Net transfers to separate accounts
135,475
107,519
54,709
Reconciling adjustments:
Other adjustments
(495
)
202
(58
)
Differences due to correction of error (see Note 3)
—
—
6,206
Transfers as reported in the Statutory Statements of Operations
$
134,980
107,721
60,857
(13)
Related-Party Transactions
(a)
Real Estate
The Company subleases office space from an affiliate. In connection with this agreement, the
              Company incurred rent expense of
$56
,
$25
, and
$28
in
2019
,
2018
, and
2017
, respectively, which is included in General and administrative expenses on the Statutory Statements of Operations.
(b)
Service Fees
The Company incurred fees for administrative services provided by Allianz Life of
$10,113
,
$9,500
and
$9,830
in
2019
,
2018
, and
2017
, respectively.
The Company's liability for these expenses was
$791
and
$676
as of
December 31, 2019
and
2018
, respectively, and is included in Payable to parent and affiliates on the Statutory Statements of Admitted Assets,
              Liabilities, and Capital and Surplus.
In the normal course of business, the outstanding amount is settled in cash.
The Company incurred fees for investment advisory services provided by affiliated companies of
$870
,
$668
, and
$559
in
2019
,
2018
, and
2017
, respectively. The Company's liability for these charges was
$78
and
$60
as of
December 31, 2019
and
2018
, respectively, and is included in Payable to parent and affiliates on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
In the normal
              course of business, the outstanding amount is settled in cash.
The Company has an agreement with Allianz Investment Management, LLC which has subsequent
              agreements with its affiliates Pacific Investment Management Company (PIMCO),
Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed
              by PIMCO and OpCap are made available through the Company's
separate accounts
to holders of the Company's variable annuity products, and (2) the Company
              receives compensation for providing administrative and recordkeeping services relating to
40
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
the investment options managed by PIMCO and OpCap. Income recognized by the Company from these
              affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was
$885
,
$965
, and
$1,042
during
2019
,
2018
, and
2017
,
respectively, which is included in
Fees from separate accounts on the Statutory Statements of Operations. The related
              receivable for the fees was
$74
and
$80
at
December 31, 2019
and
2018
, respectively, which is included in Other assets on the
              Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company has incurred commission expense related to the distribution of variable annuity
              products from Allianz Life Financial Services, LLC, (ALFS), an affiliated company, in the amount of
$27,988
,
$24,155
, and
$22,711
for the years ended
December 31, 2019
,
2018
, and
2017
, respectively.
The Company has an agreement with ALFS, whereby 12b-1 fee receivables are assigned to the Company
              and Allianz Life. The Company has also agreed with Allianz Life to share in reimbursing ALFS for direct and indirect expenses incurred in performing services for the Company and Allianz Life. In the event that assigned receivables exceed
              expenses, ALFS records a loss on the transaction with the Company and a dividend-in-kind to Allianz Life. The Company recorded revenue from this agreement of
$4,163
,
$4,236
, and
$4,357
for the years ended
December 31, 2019
,
2018
, and
2017
,
respectively. The Company recorded expenses related to this agreement of
$7,135
,
$4,973
, and
$4,237
for the years ended
December 31, 2019
,
2018
, and
2017
, respectively.
(c)
Reinsurance
The Company cedes certain term life and universal life insurance policies to Allianz Life. At
December 31, 2019
and
2018
, the Company had no reinsurance recoverables and
              receivables from Allianz Life included in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(d)
Line of Credit Agreement
The Company has a line of credit agreement with
Allianz

              Life,
to provide liquidity, as needed.
No amounts have been borrowed during the years ended
December 31, 2019
, and
2018
. The
              Company's borrowing capacity under the agreement is limited to 5% of the General Account admitted assets of the Company as of the preceding year-end.
(14)
Employee Benefit Plans
The Company participates in the Allianz Asset Accumulation Plan (AAAP), a defined contribution
              plan sponsored by Allianz of America Corporation. Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants' pretax, Roth 401(k), and/or after-tax contributions up to 80% of
              the participants' eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5% of the employees' eligible compensation. Participants are
              100% vested in the Company's matching contribution after three years of service.
The AAAP administration expenses and the trust fund, including trustee fees, investment manager
              fees, and audit fees, are payable from the trust fund but may, at the Company's discretion, be paid by the Company. All legal fees are paid by the Company. It is the Company's policy to fund the AAAP costs as incurred. The Company has
              expensed
$295
,
$252
, and
$241
in
2019
,
2018
, and
2017
,
respectively, toward the AAAP matching contributions and
              administration expenses.
(15)
Statutory

              Capital and Surplus
Statutory accounting practices prescribed or permitted by the Company's state of domicile are
              directed toward insurer solvency and protection of policyholders.
As such, the Company is required to meet minimum statutory capital and surplus
              requirements. The Company's statutory capital and surplus as of
December 31, 2019
and
2018
were in compliance with these requirements. The maximum amount of dividends that can be paid by New York insurance companies to stockholders without prior approval of
              the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
              annual statement. In accordance with New York statutes, the Company may declare
41
of 43
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
and pay from its Unassigned surplus cash dividends of not more than the lesser of 10% of its
              beginning-of-the year statutory surplus, or its net gain from operations of the insurer, not including realized gains, for the 12-month period ending the 31st day of the preceding year. Based on these restrictions, ordinary dividends
of
$17,134
can be paid in
2020
without
              prior approval of the Department. The Company paid no dividends in
2019
,
2018
, and
2017
.
Regulatory Risk-Based Capital
An insurance enterprise's state of domicile imposes minimum risk-based capital requirements that
              were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity based on the perceived degree of risk. Regulatory
              compliance is determined by a ratio of an enterprise's regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific trigger points or ratios are classified within
              certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of
December

              31, 2019
and
2018
.
(16)
Direct Premiums Written by Third-Party
              Administrators
The Company has direct premiums written by third-party administrators (TPAs). The types of
              business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes claims payment, claims adjustment, and premium collection. Total premiums
              written by TPAs were
$803
,
$935
, and
$987
for
2019
,
2018
, and
2017
, respectively. For the years ended
December 31, 2019
,
2018
, and
2017
, there were no
              individual TPAs that wrote premiums that equaled at least 5% of the capital and surplus of the Company.
(17)
Reconciliation

              to the Annual Statement
The Company is required to file an Annual Statement with the Department.
As of
December 31, 2019
and
2018
,
there is no difference in admitted assets or liabilities between this report and the Annual Statement.
As of
December 31,
              2019
,
2018
, and
2017
,
there is no difference in capital and surplus or net income between this report and the Annual Statement.
(18)
Commitments and Contingencies
The Company is or may become subject to claims and lawsuits that arise in the ordinary course of
              business. In the opinion of management, the ultimate resolution of any such known litigation will not have a material adverse effect on the Company's financial position.
The Company is contingently liable for possible future assessments under regulatory requirements
              pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.
The financial services industry, variable and fixed annuities, life insurance, distribution
              companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.
Federal and state regulators, such as state insurance departments, state securities departments,
              the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various selling practices, including suitability
              reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is subject to ongoing market conduct examinations and investigations by regulators, which may have a material
              adverse effect on the Company.
It can be expected that annuity and life product designs, management, and sales practices will be
              an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.
These matters could result in legal precedents and new industry-wide legislation, rules, and
              regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will have a material adverse effect on
              the Company in the future.
42
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ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
Notes to the Statutory Financial Statements
(Dollars in thousands, except share data and security holdings quantities)
(19)
Subsequent Events
The Company has evaluated subsequent events through
April 3, 2020
, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since
December 31, 2019
that require adjustment to the Statutory Financial Statements.
As a result of the COVID-19 pandemic, economic uncertainties have arisen which are likely to
              negatively impact the Company's net income and surplus. The extent to which the COVID-19 pandemic impacts our business, net income, and surplus, as well as our capital and liquidity position, will depend on future developments, which are
              highly uncertain and cannot be estimated, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic.
In March 2020, the Company borrowed $25,000 from Allianz Life for liquidity purposes under the
              terms of the line of credit agreement described in Note 13(d).
43
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Table of Contents
For Service or More Information
You can review and copy information about us, the Separate
              Account, the prospectus and the Form N-4 SAI at the SEC's Public Reference Room in Washington, D.C. You may obtain information about the operation of the Public Reference Room by calling (202) 551-8090.
The SEC also maintains a website (www.sec.gov). The prospectus,
              the Form N-4 SAI and other information about the Contract are available on the EDGAR database on the SEC's website. If you do not have access to the website, you can get copies of information from the website upon payment of a duplication fee
              by writing to:
Public Reference Section of the Commission
100 F Street, NE
Washington, DC 20549
Our Service Center
If you need customer service (for Contract changes, information
              on Contract Values, requesting a withdrawal or transfer, changing your allocation instructions, etc.) please contact our Service Center at
(800) 624-0197
.
To send an application, a check for an additional Purchase
              Payment, or for general customer service, please mail to the appropriate address as follows:
Send an application or additional Purchase Payment
with a check:
Send an application or general customer service
without a check:
REGULAR MAIL
REGULAR MAIL
Allianz Life Insurance Company of New York
NW5990
P.O. Box 1450
Minneapolis, MN 55485-5990
Allianz Life Insurance Company of New York
P. O. Box 561
Minneapolis, MN 55440-0561
OVERNIGHT, CERTIFIED, OR REGISTERED MAIL
OVERNIGHT, CERTIFIED, OR REGISTERED MAIL
Allianz Life Insurance Company of New York
NW5990
1801 Parkview Drive
Shoreview, MN 55126
Allianz Life Insurance Company of New York
5701 Golden Hills Drive
Golden Valley, MN 55416-1297
Checks sent to the wrong address for applications or additional Purchase Payments are forwarded to the 1801 Parkview Drive address listed above, which may delay
                      processing.
For general customer service by email, please use this address:
              Contact.Us@allianzlife.com. To send information by email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: www.allianzlife.com/new-york. If you
              have questions about whether you can submit certain information by email or over the web, please contact our Service Center.
Until May 1, 2021, all dealers that effect transactions in
              these securities may be required to deliver a prospectus.
Allianz Index Advantage
®
New York Variable Annuity Prospectus – May 1, 2020
90
PART II - INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 13. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.
Securities and Exchange Commission Registration Fee
$ 25,760
Estimated Printing and Filing Costs:
$ 30,000
Estimated Accounting Fees:
$ 60,000
Estimated Legal Fees:
$ 175,000
Estimated Miscellaneous Fees:
$        N/A
ITEM 14. INDEMNIFICATION OF OFFICERS AND DIRECTORS.
The Bylaws of the Insurance Company provide:
ARTICLE X
INDEMNIFICATION OF OFFICERS, DIRECTORS AND EMPLOYEES
To the fullest extent allowed under New York law, the Company shall indemnify officers, directors and employees of the Company. No director
      shall be personally liable to the Company or any of its shareholders for damages for any breach of duty as a director; provided, however, that the foregoing provision shall not eliminate or limit (i) the liability of a director if a judgment or other
      final adjudication adverse to him or her establishes that his or her acts or omissions were in bad faith or involved intentional misconduct or were acts or omissions (a) which he or she knew or reasonably should have known violated the New York
      Insurance Law or (b) which violated a specific standard of care imposed on directors directly, and not by reference, by a provision of the New York Insurance Law (or any regulations promulgated thereunder) or (c) which constituted a knowing violation
      of any other law, or establishes that he or she personally gained in fact a financial profit or other advantage to which he or she was not legally entitled; or (ii) the liability of a director for any act or omission prior to adoption of these
      Restated Bylaws by the shareholders of the Company.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
      persons of the Insurance Company pursuant to the foregoing provisions, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in
      the Act and, is therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the
      Insurance Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Insurance Company will, unless in the opinion of its
      counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final
      adjudication of such issue.
ITEM 15. RECENT SALES OF UNREGISTERED SECURITIES.
NOT APPLICABLE.
ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a)
Exhibits.
1.
(a)
Principal Underwriter Agreement
by and between Preferred Life Insurance
                Company of New York on behalf of Preferred Life Variable Account C and NALAC Financial Plans, Inc. incorporated by reference as exhibit EX-99.B3.a. from Registrant's Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-19699 and
                811-05716) electronically filed on May 12, 1997. Preferred Life Insurance Company of New York is the predecessor to Allianz Life Insurance Company of New York. Preferred Life Variable Account C is the predecessor to Allianz Life of NY
                Variable Account C. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial Services, LLC.
(b)
Broker-Dealer Agreement
(amended and restated) between Allianz Life Insurance Company of New York and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX- 99.B3.b. from Registrant's Post-Effective Amendment No. 21 to
                Form N-4 (File Nos. 333-143195 and 811-05716) electronically filed on October 21, 2010.
(c)
The current specimen of the
selling agreement
between
                Allianz Life Financial Services, LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b from the Initial Registration
                Statement to Allianz Life Variable Account B's Form N-4 (File Nos.333-134267 and 811-05618) electronically filed on May 19, 2006. The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.
2.
Not applicable
3.
(a)
Articles of Incorporation, as amended
                  and restated March 9, 2011
, of Allianz Life Insurance Company of New York, filed on December 19, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-192948), is incorporated by reference.
(b)
Bylaws, as amended and restated March 9, 2011
, of Allianz Life Insurance Company of New York, filed on December 19, 2013 as Exhibit 3(b) to Registrant's initial
      registration on Form S-1 (File No. 333-192948), is incorporated by reference.
4.(a)
Deferred Annuity Contract,
        L40538-NY
, as revised 5/16/14, filed on December 8, 2014, as Exhibit 4(a) to Registrant's Post-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
(b)
Contract Schedule Pages, S40877-NY
, filed on May 2,
                2014 as Exhibit 4(b) to Registrant's Pre-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
Schedule pages
                  S40875-NY, S40876-NY
, as revised 5/9/14, filed on December 8, 2014, as Exhibit 4(b) to Registrant's Post-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
(c)
Application for Individual Annuity Contract,
                  F40538-NY
, as revised 5/2014, filed on December 8, 2014, as Exhibit 4(c) to Registrant's Post-Effective Amendment No. 1 on Form S-1, is incorporated by reference.
Application for Ind. Var. Annuity Contract – F40538-02-NY (5/2015)
, filed on April 20, 2015, as Exhibit 4(c) to Registrant's
                Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.
(d)
Index Performance Strategy Rider,
                  S40878-NY
, filed on May 2, 2014 as Exhibit 4(d) to Registrant's Pre- Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
(e)
Traditional Death Benefit Rider,
                  S40880-NY
, filed on May 2, 2014 as Exhibit 4(e) to Registrant's Pre- Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
(f)
Allocation Options
                  Schedule page S40876-NY01 (5/2015)
, filed on April 20, 2015, as Exhibit 4(f) to Registrant's Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.
(g)
Variable

                  and Index-Linked Annuity Contract L40538-NY01 (5/2015)
, filed on April 20, 2015, as Exhibit 4(g) to Registrant's Post-Effective Amendment No. 2 on Form S-1 (File No. 333-192948), is incorporated by reference.
5. Opinion re Legality - not applicable
8.
Opinion re Tax Matters - not applicable
9.
Not applicable
10.
Material Contracts - not applicable
11.
Not applicable
12.
Not applicable
15.
Not applicable
16.
Not applicable
21.    Not applicable.
23.
(a)* Consent of Independent Registered Public Accounting Firms, filed herewith.
(b)* Consent of Counsel, filed herewith.
24. (a)
Board Resolution, effective December 11, 2012
, of the Board of Directors of Allianz Life Insurance Company of North America, filed on December 19, 2013 as Exhibit
      24(b) to Registrant's initial registration on Form S-1 (File No. 333-192948), is incorporated by reference.
(b)
Board Resolution, effective March 6, 2014
, of the Board of Directors of Allianz Life Insurance Company of New York, filed on May 2, 2014 as Exhibit 24(d)
      to Registrant's Pre-Effective Amendment No. 1 on Form S-1 (File No. 333-192948), is incorporated by reference.
(c)* Powers of Attorney, filed herewith.
25. Not applicable
26. Not applicable
99. (a)
Appendix A Exhibit – Daily Adjustment Calculation – INY-024a (04/19)
, filed on January 25, 2019, as Exhibit 99(a) to Registrant's Post-Effective Amendment No. 2 on
      Form S-1 (File No. 333-224317), is incorporated by reference..
(b)
Transition Representation Letter
- Independent Registered Public Accounting Firm, pursuant to S-K, item 304, filed on April 17, 2018, as Exhibit
      99(b) to Registrant's initial registration on Form S-1 (File No. 333-224317), is incorporated by reference.
* Filed herewith
** To be filed by amendment
(b)
Financial Statement
        Schedules
All required financial statement schedules of Allianz Life Insurance Company of New York are included in Part I of this
      registration statement.
ITEM 17. UNDERTAKINGS.
The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective
                amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
                (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the
                Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
                registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration
                statement or any material change to such information in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new
                registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
                offering.
(4)
That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part
                of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement
                as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by
                reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the
                registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
(5)
That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the
                securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
                purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
                purchaser:
(i)
Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;
(ii)
Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned
                registrant;
(iii)
The portion of any other free writing prospectus relating to the offering containing material information about the undersigned
                registrant or its securities provided by or on behalf of the undersigned registrant; and
(iv)
Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.
(6)
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons
                of the Insurance Company pursuant to the foregoing provisions, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in
                the Act and, is therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of
                the Insurance Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Insurance Company will, unless in the
                opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed
                by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this
      registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 9th
day of April, 2020.
ALLIANZ LIFE
      INSURANCE COMPANY OF NEW YORK
By:
/S/ Walter R. White*
Walter R. White
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed
      by the following persons in the capacities indicated on April 9, 2020.
Signature
Title
Walter R. White
(1)
Chairman of the Board and Chief Executive Officer
Eric Thomes
(1)
Director and President
Gary A. Smith
(1)
Director
Martha Clark Goss
(1)
Director
Steven J. Thiel
(1)
Director, Vice President and Appointed Actuary
Ronald M. Clark
(1)
Director
William E. Gaumond
(1)
Director, Chief Financial Officer and Treasurer
Lorraine Lods
(1)
Director
Kevin E. Walker
(1)
Director
(1)
By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.
BY
:   /s/ Stewart D. Gregg
Stewart D. Gregg, Senior Counsel
FORM S-1
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK
INDEX TO EXHIBITS
Exhibit
Description of Exhibit
23(a)
Consent of Independent Registered Public Accounting Firms
23(b)
Consent of Counsel
24(c)
Powers of Attorney